Search Results for: European Union
Gold Below $1294 as U.S. Economy advances
July 31st, 2014
Gold retreated for a fourth day to head for a monthly decline as further signs that the U.S. recovery is gaining momentum strengthened the case for higher borrowing costs in the world’s largest economy. Gold for immediate delivery fell ...
EU court to decide on tax-free trading of bitcoin
July 30th, 2014
Tax-free trading of bitcoin is on legal questioning at the European Union’s top court following Swedish authorities request to extend existing levies to virtual currencies. The EU Court of Justice must decide if transactions between virtual and traditional currencies ...
EU Practiced Its Russian Sanctions in Cyprus
July 30th, 2014
Europe’s new financial sanctions against Russia will be among the first meaningful ones the West has introduced since the Ukraine crisis started. But punishing rich Russians is not exactly new territory for the EU — it has been doing ...
Germany Objects To Canada-EU FTA
July 30th, 2014
The outcome of negotiations on a free trade agreement (FTA) between the European Union and Canada has been cast into doubt following objections raised by Germany. According to German newspaper Suddeutsche Zeitung, German government officials said that they could ...
Lords committee against the right to be forgotten
July 30th, 2014
The House of Lords expressed its opposition to the ‘right to be forgotten’ describing it as ‘unworkable, unreasonable and wrong in principle’, enforcing in this way the government’s opinion against the EU privacy protection laws. The principle, also referred ...
Economic sanctions on Russia from EU and U.S.
July 30th, 2014
EU governments have agreed to impose sweeping sanctions on Russia, targeting state-owned banks, imposing an arms embargo and restricting sales of sensitive technology and the export of equipment for the country’s oil industry, in response to Moscow’s continued backing ...
Gold Drops to $1300 as Stocks Advance
July 30th, 2014
Gold futures declined as U.S. and European equities advanced, curbing demand for the precious metal as an alternative asset. Stocks climbed on optimism over corporate earnings. U.S. consumer confidence soared in July to the highest in almost seven years ...
Asian Equities Extend Six Year High
July 30th, 2014
Asian stocks rose for a fourth day, with the regional benchmark index extending a six-year high, before the Federal Reserve updates markets on monetary policy today and as the U.S. and European Union strengthened sanctions against Russia. Honda Motor ...
West TX Oil drops Before Stockpile Data
July 30th, 2014
West Texas Intermediate crude traded near the lowest price in two weeks before government data that may signal the strength of fuel consumption in the U.S., the world’s biggest oil user. Brent fell in London. Futures were little changed ...
Shares, dollar steady ahead of key U.S. data, Fed meeting
July 29th, 2014
World stock markets remained almost unchanged on Monday while the U.S. dollar traded mostly flat against a basket of major currencies ahead of key U.S. economic reports and events this week. Wall Street ended flat as the latest deal ...
