Search Results for: employment
Once A Tax Haven, Gibraltar Now Says It’s Low-Tax
April 19th, 2016
Gibraltar, a tiny British territory at Europe’s southern tip, is famous for its geography — a huge limestone rock — that appears on the Prudential logo. It’s a global center for offshore banking, with the trappings of wealth to prove ...
Slovakia Confirms Corporate Tax Cut
April 18th, 2016
Slovakia’s newly formed coalition Government has agreed to cut corporate tax as part of a recently agreed economic program. Under the plan, the four-member coalition led by Prime Minister Robert Fico, featuring parties on the center-right and the center-left ...
Tame U.S. inflation supports Fed’s cautious rate policy
April 15th, 2016
U.S. consumer prices barely rose in March and underlying inflation slowed, suggesting little urgency for a cautious Federal Reserve to raise interest rates in the near term. The benign inflation backdrop is prevailing despite tightening labor market conditions, underscored ...
CME traders say chances of April interest rate hike are zero
April 15th, 2016
While the chances had been low, traders now believe there is absolutely no possibility of a Fed rate hike in April. The probability went to zero Thursday morning after two days’ worth of data showed that the economy is ...
The Monetary Authority of Singapore has issued a Monetary Policy Statement
April 14th, 2016
INTRODUCTION 1. In October 2015, MAS kept the Singapore dollar nominal effective exchange rate (S$NEER) policy band on a modest and gradual appreciation path, but reduced its rate of appreciation slightly. There was no change to the width of the ...
Emerging Currencies Halt Rally as Singapore Flags Growth Risks
April 14th, 2016
Malaysian ringgit leads declines after Singapore eases policy Won sinks on Korean election shock as dollar extends advance Emerging-market currencies fell for the first time in six days as Singapore surprised markets by easing monetary policy, spurring speculation other ...
Presentation of the ECB Annual Report 2015 to the Committee on Economic and Monetary Affairs of the European Parliament
April 8th, 2016
Vítor Constâncio, Vice-President of the ECB presented the ECB’s 2015 Annual Report. Below is the presentation as it was published: Mr Chairman, Honourable Members of the Committee on Economic and Monetary Affairs, Ladies and gentlemen, I am honoured to ...
IMF calls for labour market reform to boost jobs
April 7th, 2016
Reforms include higher public spending to help the jobless find work, cutting benefits to encourage the jobless to take low-paid work and cutting taxes The protracted weakness of the global economy has highlighted the need for lower taxes on employment and ...
Germany: Boost investment and productivity for a stronger economy and more inclusive society
April 5th, 2016
Germany is in a solid economic position, but ageing and technological change require new investments in people to ensure a stronger and more inclusive society, according to the latest OECD Economic Survey of Germany. The Survey, presented in Berlin today ...
Biggest Ever Saudi Overhaul Targets $100 Billion of Revenue
April 4th, 2016
Levies on expats, energy, luxury goods, sugary drinks seen Plan is to boost non-oil revenue to balance budget by 2020 The biggest economic shake-up since the founding of Saudi Arabia would accelerate subsidy cuts and impose more levies, a ...
