Search Results for: US economy
Italy’s Renzi vows to resign after crushing referendum defeat
December 5th, 2016
Italian Prime Minister Matteo Renzi vowed to resign after suffering a crushing defeat on Sunday in a referendum on constitutional reform, tipping the euro zone’s third-largest economy into political turmoil. His decision to quit after just two and a ...
Switzerland’s economy failed to grow for the first time in more than a year
December 2nd, 2016
Swiss Economy Unexpectedly Stalls on Weak Domestic Demand Median estimate in Bloomberg survey was for 0.3% increase Trade balance in goods and services had negative effect Switzerland’s economy failed to grow for the first time in more than a ...
Andorra to renounce banking secrecy as it sheds tax haven status
December 2nd, 2016
Pyrenees principality approves automatic sharing of information on accounts held by non-residents from EU countries Andorran lawmakers have agreed to end banking secrecy in the Pyrenees mountains principality, approving automatic sharing of information on accounts held by non-residents. The ...
The Pound to Euro Exchange Rate in Sudden Reversal as US Dollar Slides
December 2nd, 2016
GBP/EUR has given back all the gains it made on a day which saw it surge by 1% against the Dollar and Euro at one stage. Indeed, a strong start to the new month saw GBP/EUR breach the 1.18 ...
US dollar rise may end soon, says top banker
November 28th, 2016
The dollar’s awe-inspiring ascent since Donald Trump’s surprise win in the US elections may soon come to an end because the greenback is starting to look overvalued compared to its battered peers, forecasts Mario Camara, the head of the ...
Trump’s election victory may boost Greek economy: Top Banker
November 28th, 2016
Trump’s election victory may boost Greek economy: Top Banker > Piraeus Bank chair George Handjinicolaou speaks in interview > Chairman declines to give timeframe for pending CEO pick Donald Trump’s election victory could spark spreading economic growth that lifts ...
Bank of Cyprus to apply for a listing on the London Stock Exchange
November 16th, 2016
Bank of Cyprus to apply for a listing on the London Stock Exchange and the Cyprus Stock Exchange using a Holding Company structure Commenting on the London listing, Dr. Josef Ackermann, Chairman of the Bank of Cyprus Public Company Limited (the “Bank” ...
Perilous government finances
November 13th, 2016
President-elect Trump stated in his victory speech that he intends to make America great again by infrastructure spending. Unfortunately, he is unlikely to have the room for manoeuvre to achieve this ambition as well as his intended tax cuts, ...
How America’s new president will affect the global economy
November 10th, 2016
From trade war with China to jobs turmoil in Mexico, Trump’s reign will pose new threats to already fragile world economy Donald Trump’s victory in the US presidential elections will have implications for the whole global economy. Mexico America’s ...
Malta To Push EU VAT Reform As EU President
November 9th, 2016
Malta will take forward the EU’s proposals on VAT reform when it assumes the Presidency of the Council of the EU in January 2017, the territory’s Minister of Finance, Edward Scicluna, told a recent conference. Under the EU’s VAT ...
