Search Results for: euro
Irish High court freezes probe into Facebook’s EU-U.S. data flows
September 15th, 2020
Ireland’s High Court on Monday (14 September) temporarily froze a probe by Facebook’s lead European Union regulator that threatened to halt the U.S. social media giant’s transatlantic data flows, a court spokesman said. Facebook had sought a judicial review ...
Inflation, deflation and other fallacies
September 15th, 2020
There can be little doubt that macroeconomic policies are failing around the world. The fallacies being exposed are so entrenched that there are bound to be twists and turns yet to come. This article explains the fallacies behind ...
FCA publicly censures former Worldspreads CEO for market misconduct
September 14th, 2020
The Financial Conduct Authority (FCA) published a Final Notice in respect of Conor Foley, the former Chief Executive Officer of Worldspreads, publicly censuring him for market abuse and banning him from performing any roles linked to regulated activity. The ...
Another Cryptocurrency Exchange gets hacked for millions
September 9th, 2020
Hackers have compromised yet another cryptocurrency exchange. This time, it’s the small-time Slovakian exchange Eterbase—though the amount hackers made off with is nothing to sneeze at nearly $2 million. Hackers raided Eterbase’s wallets for Bitcoin, Ethereum, XRP, Tezos, Algorand ...
Emerging currencies fell
September 9th, 2020
Emerging market currencies fell as a sharp fall on Wall Street sent panicked investors into the U.S. dollar, with simmering Sino-U.S. tensions and concerns over an economic recovery adding to the mix. Amid concerns that a recovery in oil ...
World Shares Update: World shares rose slightly on Monday
September 7th, 2020
World shares rose slightly on Monday after losing $2.3 trillion in the last two sessions in a technology stocks led rout as investors reassessed soaring valuations when the global economy is in a coronavirus-induced recession while oil prices dropped. ...
GDPR fines mount
September 2nd, 2020
In the over two years since Europe’s General Data Protection Regulation (GDPR) was implemented on the EU and EEA, a team of financial analysts from Finbold has studied the fines and penalties that data protection authorities have imposed within ...
A critique of modern socialism
September 2nd, 2020
Socialism has moved on from the Marxist version of the state owning the means of production to one whereby production remains in the hands of individuals but are heavily regulated — echoing Mussolini’s fascist-socialist model. But after nearly ...
How are organised crime groups involved in sports corruption?
August 24th, 2020
Europol publishes its report, The involvement of organised crime groups in sports corruption. The report highlights the link between sports corruption and organised crime: the characteristics of criminal networks, their structure and their modus operandi. In addition, the report ...
Will a weak dollar bail out emerging markets? Nope
August 24th, 2020
Back in the simpler days of 2019, there was this (now completely forgotten) impending crisis in which emerging market countries’ dollar-denominated debt was going to blow up their – and by extension the rest of the world’s – economies. ...
