Search Results for: BVI
Dollar flags vs euro and yen, commodities and Fed in focus
July 27th, 2015
Fed meeting eyed to shore up sagging dollar * Impact from lower commodities also remains in focus * Aussie struggles near 6-year lows while kiwi fares better (Adds details, quotes) The dollar flagged against the euro and yen ...
Does A Commodities Crash Mean Global Depression, Mass-Devaluation Or Both?
July 22nd, 2015
First, precious metals peaked and began drifting lower. Then copper fell, oil plunged and it became obvious that these weren’t isolated events. The entire commodities complex — that is, all the physical inputs a modern economy uses to power, ...
Was Greece Always Part Of The Plan?
July 20th, 2015
Since its inception, critics of the eurozone have been pointing to its incomplete nature — everyone uses the same money but keeps their own national budgets and tax regimes — and speculating that this “fatal flaw” would doom the ...
This league table of Greek debt explains why Merkel will show Greece no mercy
July 13th, 2015
It’s no secret that the biggest holder of Greek debt — which Greece is refusing to pay — is Germany. But when you see how much exposure Germany has to Greek debt, you quickly realize just how motivated German ...
Greek debt crisis: Where do other eurozone countries stand?
July 9th, 2015
Eurozone leaders are back in Brussels to discuss how to deal with the growing debt crisis in Greece. Greek voters overwhelmingly rejected the terms of an international bailout on Sunday. Although some countries are keen to strike a compromise, ...
Time for state energy companies in Middle East to rethink overseas strategies
July 6th, 2015
The long, hot summer is usually a quiet period in the Arabian Gulf. But this season marks some dramatic changes for Middle East state energy companies and their overseas ventures. The falling oil price creates opportunities for some, problems ...
UAE making 2015 the year of renewable energy
July 6th, 2015
Some consider 2015 to be the year for renewable energy in the UAE. Three reasons stand out: the country’s expansion of clean-energy projects, its funding of renewable projects abroad and the fact that the Emirates has the lowest solar-energy ...
Proposed Acquisition of Ava Trade Ltd. and new Revolving Credit Facility
July 1st, 2015
Playtech is pleased to announce that its subsidiary, TradeFX Limited (“TradeFX”), has entered into a share acquisition agreement under the terms of which it will acquire the entire issued share capital of Ava Trade, an online B2C CFD broker ...
ACCA: Be aware of financial activity alarm bells, warns CCAB Anti Money Laundering Task Force
July 1st, 2015
Accountants’ ‘professional scepticism’ is the first line of defence in tackling money laundering and terrorist financing, says guidance issued today by the Anti-Money Laundering Taskforce of CCAB, the collective forum of accountancy bodies ICAEW, ACCA, ICAS, CIPFA and Chartered ...
Greek referendum is a Machiavellian plot
June 29th, 2015
Alexis Tsipras gambles on Greece’s future with a sham referendum. A few days ago, in the euro summit on June 22, all indications were that Europe’s political beasts and IMF representatives were ready to accept the latest proposal of ...