Search Results for: Total
Teenage trader lost £500,000 as he
led luxury lifestyle with supercars
October 3rd, 2019
A teenager who drove luxury cars while claiming to be a millionaire trader lost £500,000 of investors’ cash and has been reported to authorities. Morgan Reeve, from Hunstanton, set up Morgan FX Limited in July last year and bragged ...
The most common way of transporting traded goods to and from Europe
September 26th, 2019
In 2018, the total value of the EU’s imported and exported goods transported by sea to non-EU countries was EUR 2 006 billion. Sea transport accounted for 47% of goods exported and 55% of goods imported. The second most ...
Measuring Recession
September 20th, 2019
Using nominal GDP, or GDP deflated by the CPI, as the principal guide to the state of the economy is a common mistake which will eventually prove very costly. Having convinced themselves that GDP measures economic progress, government ...
Interdealer Broker ordered to Pay $13 million
September 17th, 2019
The U.S. Commodity Futures Trading Commission (CFTC) issued two orders filing and settling charges against Tullett Prebon Americas Inc., an interdealer broker and CFTC-registered introducing broker headquartered in New Jersey. The combined orders require Tullett to pay a total of $13 ...
VAT Gap: EU countries lost €137 billion in VAT revenues in 2017
September 12th, 2019
EU countries lost €137 billion in Value-Added Tax (VAT) revenues in 2017 according to a study released by the European Commission today. The so-called ‘VAT Gap’ – or the overall difference between the expected VAT revenue and the amount ...
China or US?
September 9th, 2019
China has made some silly errors in its conflict with the US, reflecting the arrogance that often afflicts every state actor. But the appearance that China is being backed into a corner over Huawei, trade tariffs and Hong ...
iSignthis published First Half 2019 Results
August 28th, 2019
Australian Securities and Frankfurt Stock Exchange cross listed iSignthis Ltd (ASX:ISX / DE: TA8) is pleased to provide the following update for the half year ended 30th June 2019. First Half Highlights to 30th June 2019: Total audited operating ...
Inflationary financing and GDP
August 16th, 2019
This article demonstrates that only government borrowing in the US and UK drives GDP growth. This surprising conclusion is confirmed by long-run statistics. GDP does not represent economic progress, nor does it include the expansion of activity in ...
The reasoning behind Gold’s breakout
August 1st, 2019
Gold’s dramatic move above $1400 has caught the investment establishment by surprise. Physical gold ETFs, as a proxy for direct portfolio investment, amount to only 0.05% of the estimated $250 trillion of global investment values. As well as ...
Beware of social media-based Forex fraud scheme
July 25th, 2019
Defendant to pay more than $2.9 Million in social media-based Forex fraud scheme. The Commodity Futures Trading Commission (CFTC) announced that U.S. District Court for the Southern District of Texas entered judgment against defendant Kelvin Ramirez of Houston, Texas ...
