Search Results for: EU
CNPC Anti-Corruption Head Said to Be Detained for Investigation
October 9th, 2014
China National Petroleum Corp.’s executive in charge of rooting out graft has been detained by authorities, according to two officials at the country’s biggest oil and gas producer. Wang Lixin, the head of the discipline and inspection department at ...
Rouble falls to a new low
October 9th, 2014
The rouble has fallen to a new low against both the dollar and the pound today, as sanctions and falling oil prices continued to hit prospects for Russia’s economy. At pixel time one rouble would have bought you just ...
Thursday October 9: OSB Daily Technical Analysis- Commodities
October 9th, 2014
OSB Daily Technical Analysis for October 9, 2014 Gold bounce back continued on Wednesday with a close above $1220. Momentum build-up suggests a short term target of $1235-$1240 prior to meeting any resistance liable to push price back down. ...
Thursday October 9: OSB Daily Technical Analysis- Currency pairs
October 9th, 2014
OSB Daily Technical Analysis for October 9, 2014 EUR/USD rebound in full swing heading for resistance and 20 DMA at 1.2770 area. Further resistance above at 1.28. A close back below 1.27 puts the pair back in line with ...
Democracy or Idiocracy?
October 9th, 2014
In Cyprus, we live in a democracy characterised by government by the people and/or their elected representatives: constitutional guarantees, free and fair elections, a parliament of elected members, separation of legislature and the executive, an independent judiciary, and so ...
Where Next? A peek through the Macro Lens
October 9th, 2014
Financial markets have been on a heady ride since the financial crisis began in 2008. It looks like we are now at a very critical juncture which will define how things play out over the next 18-24 months. There ...
Approval of the modified market rules
October 8th, 2014
The Financial Services and Markets Authority (FSMA) has announced that the modified market rules of the regulated markets organized by Euronext NV/SA (namely Euronext Brussels and the Euronext Brussels Derivative Instruments Market) were approved on 22 September 2014 in ...
US Tax Inversion Planners respond to Treasury Measures
October 8th, 2014
The non-legislative measures put forward by the Treasury Department on September 22, to deter multinationals from using corporate inversions to move their tax residence abroad and move away from the high United States tax rate, have so far produced ...
Prolonged German downturn could prompt stimulus rethink
October 8th, 2014
The last thing the faltering European economy would appear to need right now is a sudden downturn in Germany, hitherto the bloc’s pillar of strength. But a bout of German weakness may be precisely what is required to convince ...
I.M.F. Asks Rich Nations for Support
October 8th, 2014
The International Monetary Fund said that cash-rich countries needed to step up large public investments to help keep the flagging global recovery on track. The International Monetary Fund, showing heightened concern over a slowing world economy, said on Tuesday ...
