Search Results for: US economy
Spains first Fintech incubator and accelerator wants to attract international companies
December 19th, 2016
Spains first Fintech incubator and accelerator wants to attract talents and start-ups from Europe and Latin America. The program includes a 16 weeks incubation in Spain and continues to use a collaborative approachas it does not require any stake ...
Dollar Extends Loss Amid Drone Concern, Oil Rises for Second Day
December 19th, 2016
China seized U.S. drone in international waters in Asia Japan shares fall for first time in three days as yen gains The dollar retreated versus most major peers, as heightened geopolitical tensions over China’s seizure of a U.S. naval ...
Central Bank of Greece forecast a strengthening of growth for 2017
December 16th, 2016
Today, in accordance with its Statute, the Bank of Greece submitted its Interim Report on Monetary Policy 2016 to the Speaker of the Greek Parliament and the Cabinet. Progress with the implementation of the programme and with economic recovery ...
CME Group Open Interest Surpasses 120 Million Contracts for First Time in its History
December 15th, 2016
CME Group, the world’s leading and most diverse derivatives marketplace, announced it set a total open interest record of 120.7 million contracts on December 13, 2016, surpassing the previous record of 119.4 million contracts set on December 12, 2016. ...
Saudi Arabia’s 2017 budget may partly solve huge deficit problem
December 15th, 2016
Saudi Arabia’s budget next year is likely to reveal the kingdom has managed to reduce its massive deficit faster than economists predicted. That may allow Riyadh to increase spending and buoy the economy shaken by low oil prices. The ...
FED expected to raise interest rates for the second time in 10 years
December 14th, 2016
Fed expected to raise interest rates but won’t tell market what it wants to hear The markets want to hear whether the Trump economy could jolt the Fed into a faster pace of interest rate hikes, but there’s little ...
138 million Europeans are financially cut off from society – without a bank account or payment methods
December 12th, 2016
Mastercard on December 12 announced findings from new research into those who are financially excluded across Europe, finding a third (33%) are employed full time and 35% are aged 18-34. 138 million Europeans are financially cut off from society ...
Youth and the Economic Future of Arab States
December 8th, 2016
Youth and the Economic Future of Arab States “Most recent statistics indicate that two-thirds of the Arab region’s population is below thirty years of age, half of which falling within the 15 – 29-year age bracket. This age category ...
Financial regulators of UK (FCA) and Hong Kong (HKMA) agree on FinTech collaboration
December 8th, 2016
The UK’s Financial Conduct Authority (FCA) and the Hong Kong Monetary Authority (HKMA) have entered into a Co-operation Agreement (Agreement) to foster collaboration between the two regulatory authorities in promoting financial innovation. According to the Agreement, the FCA and the ...
UK Financial Services Firms pay the highest recorded tax contribution
December 8th, 2016
Total tax contribution for the sector reached £71.4 billion in the year to 31 March 2016 A 7.4% increase on the previous year’s figures The contribution is 11.5% of total UK government tax receipts The equivalent of almost a ...
