Search Results for: RBI
Russia is ordered to pay $50 billion in Yukos case
July 28th, 2014
The Permanent Court of Arbitration in The Hague will announce that Russia has to pay $50 billion to ex-shareholders for the defunct oil company Yukos, according to the Russian business daily Kommersant as cited on its website, referring to ...
South Africa To Ban Land Sale to Foreigners
July 25th, 2014
The South African government has announced plans to fast-track a bill barring foreigners from buying land. The Regulations of Land Holdings Bill would mean foreigners will only be able to lease land for 30 years. However it will not ...
Russian Billionaires in ‘Horror’ as Putin Risks Isolation
July 21st, 2014
Russia’s richest businessmen are increasingly frantic that President Vladimir Putin’s policies in Ukraine will lead to crippling sanctions and are too scared of reprisal to say so publicly, billionaires and analysts said. If Putin doesn’t move to end the ...
Tories ‘to challenge European court with British bill of rights’
July 17th, 2014
David Cameron is heading for a major showdown over Europe with a plan to assert the supremacy of parliament over the European court of human rights to avoid a repeat of the rows over the deportation of foreign criminals, ...
Russia’s Grip Over EU Energy Unlikely to Change Soon
July 9th, 2014
The European Union’s initial resolve at breaking its dependence on Russian energy after the Ukraine crisis erupted appears to be giving way to a realization that its giant eastern neighbor will continue to be Europe’s main supplier of natural ...
Australia accused of breaking law after returning asylum seekers to Sri Lanka
July 8th, 2014
Australia has been accused of breaking international law and violating the refugee convention after returning a group of 41 Sri Lankan asylum seekers who attempted to reach the country by boat directly into the hands of the Sri Lankan ...
Top banks face wait for detail of new buffer to protect against bailouts
July 8th, 2014
According to a global banking regulator, details of a new buffer of bonds to shield taxpayers from having to rescue a big bank won’t become clear for at least a year or more. Lenders like Goldman Sachs, Deutsche Bank ...
More U.S. companies doing deals to avoid U.S. taxes: Congress study
July 8th, 2014
Seventy-six U.S. corporations have shifted their tax domiciles out of the United States to other countries since 1983 to avoid U.S. taxes, with a sharp increase recently in such deals, a policy research arm of Congress said on Monday. ...
US now world’s biggest oil producer
July 7th, 2014
The US will remain the world’s biggest oil producer this year after overtaking Saudi Arabia and Russia as extraction of energy from shale rock spurs the nation’s economic recovery, Bank of America said. US production of crude oil, along ...
10 IGAs Join ‘In Substance’ FATCA List Just Before July 1
July 7th, 2014
Ten further foreign jurisdictions were included by the United States Treasury in its latest monthly list, issued on July 1, 2014, as having reached agreements in substance on June 30, 2014, on the terms of intergovernmental agreements (IGAs) under ...
