Search Results for: European countries
ACCA: Governments and Accountancy profession must work together
October 31st, 2017
A new report from ACCA (the Association of Chartered Certified Accountants) has called for governments, public sector entities and the accounting profession to work together to assist in the implementation of International Public Sector Accounting Standards (IPSAS) around the ...
OECD Supports States To Mirror EU’s Digital VAT Reforms
October 27th, 2017
On October 24, the OECD released new implementation guidelines to support the collection of consumption taxes on cross-border sales. The guidance – Mechanisms for the Effective Collection of VAT/GST Where the Supplier Is Not Located in the Jurisdiction of ...
The productivity myth
October 20th, 2017
Every now and then, there’s a rash of commentary on national productivity. And for the British, productivity is all part of the Brexit angst, with the OECD, the Treasury, the Bank of England and Remainers all saying the ...
EU raids banks over attempts to block financial tech rivals
October 11th, 2017
You’d think that governments were waging a war against financial technology given reports of crackdowns and tighter regulation, but the opposite is true in Europe. EU officials have confirmed that they recently raided the offices of bank authorities in ...
Euro falls to one-month low as political worries heighten
September 27th, 2017
The euro fell to its lowest level in a month on Tuesday as worry about political fallout in Germany and other euro zone countries grew. A speech by French President Emmanuel Macron, who has called for a fundamental overhaul ...
Oil prices eased on Thursday
September 14th, 2017
Oil prices eased on Thursday, but held on to most of their gains in the previous session when the market was buoyed by a forecast for firmer global oil demand by the International Energy Agency. London Brent crude for ...
See no evil, speak no evil…
September 1st, 2017
The Jackson Hole speeches of Janet Yellen and Mario Draghi last week were notable for the omission of any comment about the burning issues of the day: …where do the Fed and the ECB respectively think America and the ...
World wheat stocks to hit record high at close of 2017-18, says IGC
August 29th, 2017
The International Grains Council lifted its forecast for world wheat stocks to a record high as it reversed a downgrade to its global grains harvest estimate, flagging an “increasingly favourable outlook” for Black Sea output. The intergovernmental group lifted ...
Who is new Uber CEO Dara Khosrowshahi?
August 28th, 2017
Uber’s search for a replacement for its former co-founder CEO Travis Kalanick looks to have reached its conclusion. Dara Khosrowshahi, the current CEO of Expedia, has been officially offered the job, multiple sources close to the company confirmed to ...
Gold – crossing the Rubicon
August 25th, 2017
Gold is challenging the $1300 level for the third time this year. If it breaks upwards out of this consolidation phase convincingly, it could be an important event, signalling a dollar that will continue to weaken. The factors ...