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U.S. oil prices hit highest since mid-2015

December 29th, 2017 (0)
U.S. oil prices hit their highest levels since mid-2015 on the final trading day of the year as an unexpected fall in American production and a fall in commercial crude inventories stoked buying. In international markets, Brent crude oil ...

Defendants sentenced in FCA prosecution of £1.4 million investment scheme

December 21st, 2017 (0)
Samrat Bhandari, Dr Muhammad Aleem Mirza, Michael Moore and Paul Moore, each of whom played a role in the operation of an investment scheme which led to investors losing just over £1.4 million, appeared at Southwark Crown Court to ...

Europe, Brexit and the credit cycle

December 18th, 2017 (0)
  Europe’s financial and systemic troubles have retreated from the headlines. This is partly due to the financial media’s attention switching to President Trump and the US budget negotiations, partly due to Brexit and the preoccupation with Britain’s problems, ...

Cyprus Investment Firm fined by CySec

December 18th, 2017 (0)
The Cyprus Securities and Exchange Commission (CySec) has issued an announcement to inform that at its meeting held on 13 November 2017, the Board decided to impose a total administrative fine of €50,000 to CIF Centralspot Trading Ltd for ...

BDO’s Global Revenues Pass US$8 Billion

December 14th, 2017 (0)
BDO announced its global financial results for the year ended 30 September 2017, a total combined fee income* of US$ 8.1 billion / € 7.4 billion, representing a year on year growth of 8%, at constant exchange rates. BDO’s ...

Bitcoin: Does it really use more electricity than Ireland?

December 12th, 2017 (0)
Can something which has no physical presence consume as much electricity as an entire country? The internet has recently been awash with claims that the digital currency Bitcoin could be using more electricity than a number of developed nations. ...

Oil prices surge to over $65 for the first time in over 2 years

December 12th, 2017 (0)
Brent crude has surged to its highest level since June 2015, trading above $65.00 per barrel. Earlier this month, The Organization for Petroleum Exporting Countries (OPEC) and non-member states, led by Russia, struck a deal to extend production cuts ...

Volume of retail trade down by 1.1% in euro area

December 7th, 2017 (0)
In October 2017 compared with September 2017, the seasonally adjusted volume of retail trade decreased by 1.1% in the euro area (EA19) and by 0.5% in the EU28, according to estimates from Eurostat, the statistical office of the European ...

Four Guilty In Relation To £1.4 Million Investment Scheme

December 4th, 2017 (0)
In a criminal prosecution brought by the Financial Conduct Authority (FCA), Samrat Bhandari and Dr Muhammad Aleem Mirza have been found guilty for their roles in operating an investment scheme which led to more than 300 investors losing a ...

Monetary update for the dollar

December 1st, 2017 (0)
A dispassionate look at the quantities and flows of fiat dollars tells us much about the current state of the US economy, and therefore prospects for the dollar itself. This is a starting point for understanding the dynamics likely ...
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