Search Results for: European law
Trade wars – a catalyst for economic crisis
February 1st, 2019
In my last article I used a proven accounting identity to show that the end result of President Trump’s trade tariffs would be to increase the trade deficit, assuming there is no change in the savings rate. The savings ...
Sterling resilient as Britain pursues Brexit deal change
January 31st, 2019
Sterling recovered on Wednesday after declines triggered by the UK parliament’s rejection of amendments to delay Brexit, as investors bet the government would still avoid exiting the European Union without an agreed divorce deal in place. Growing expectations that ...
Gold reaches seven-month high as dollar struggles
January 30th, 2019
Gold climbed to a seven-month high on Tuesday and stocks were back on the up too, as investors dug in for three days of political and economic drama and a blizzard of big tech earnings, starting with Apple later. ...
Pound holds up against Dollar; Asian markets edged down Tuesday
January 22nd, 2019
Asian markets edged down Tuesday as profit-takers stepped in following a recent run-up, while the pound maintained gains on hopes Britain will avoid crashing out of the European Union. While there were few catalysts to drive business and Wall ...
Weak euro lifts dollar, pound zooms on talk of second Brexit vote
January 18th, 2019
The U.S. dollar rose on Thursday against a euro dragged lower by soft economic data, while the pound took off on hopes of a second referendum on Britain’s membership in the European Union. Against the euro, the dollar strengthened ...
Dollar pauses, pound steadies after May wins no-confidence vote
January 17th, 2019
The dollar took a breather on Thursday following its recent strong gains against key rivals, while sterling steadied after British Prime Minister Theresa May’s government won a no-confidence vote in parliament. The dollar index, which measures the greenback against ...
Criminal network gained millions in fixing professional tennis matches
January 16th, 2019
Europol, the European Union’s law enforcement agency, has issued a press releases to inform for an operation in relation with fraud in professional tennis competitions. In accordance the press release, an organised crime group involved in manipulating professional tennis ...
Decision making on EU Tax Policy
January 16th, 2019
How is EU law on taxation adopted? The European Commission proposes new EU law or amendments to existing EU tax law. Currently, EU tax law is adopted through a special legislative procedure with the Council of the European Union ...
The Tragedy Of The Euro
January 11th, 2019
After two decades, the euro’s minders look set to drive the Eurozone into deep trouble. December was the last month of the ECB’s monthly purchases of government debt. A softening global economy will increase government deficits unexpectedly. The ...
The euro turns 20
December 28th, 2018
The euro turns 20 on Tuesday, marking two tumultuous decades that saw the single currency survive a make-or-break crisis and become a fixture in financial markets and Europeans’ wallets. But it is destined to remain a fragile giant without ...