Search Results for: Allen
Scandal Over Brazilian Oil Company Adds Turmoil to the Presidential Race
October 20th, 2014
President Dilma Rousseff is in a tough fight for the Oct. 26 election after a former executive at Petrobras took a plea bargain and testified that her party had benefited from a bribery scheme. Paulo Roberto Costa was living ...
The Rise and Fall of the Cypriot Economy (Part 2)
October 20th, 2014
Part 2 – Decline & Deleveraging Stage 4 In the fourth stage people start to become poorer but still think of themselves as rich. The decline is gradual and at first people didn’t realise it and in cases where ...
Australia 200 – Continuing to Fight to Stay Above 5200
October 17th, 2014
Australia 200 for Friday, October 17, 2014 Since the beginning of September the Australia 200 Index has declined strongly from its multi-year high after running into resistance around 5650 back to enter its previously established trading range between 5400 ...
BoE lashes out at EU bonus cap rules
October 17th, 2014
The Bank of England has launched a full-blooded counter-attack on the EU cap on banker bonuses, calling it the “wrong policy” just one day after European regulators tried to stop banks from dodging the rule. In a sign of ...
Tribunal analysis: Entrepreneurs’ relief dispute
October 17th, 2014
The key question, explored by the first tier tribunal in the case of Jeremy Rice v HMRC, is whether or not a significant change in a business can amount to a cessation of the existing trade and the start ...
GM Sued for $10 Billion Over Losses on 27 Million Cars
October 16th, 2014
General Motors Co. (GM) was hit with its biggest lawsuit so far over serial recalls, brought on behalf of drivers of 27 million vehicles seeking more than $10 billion in compensation for fallen car prices. The would-be class action ...
BVI Welcomes International Recognition for Financial Center
October 16th, 2014
The Premier of the British Virgin Islands, Orlando Smith, has welcomed recent recognition for the territory from two new independent surveys about offshore financial centers. The BVI achieved the highest rating among offshore centers in the Global Financial Centers ...
Fall in Oil Prices Poses a Problem for Russia, Iraq and Others
October 16th, 2014
From Moscow to Caracas, Riyadh to Baghdad, in Tehran, Algiers, Kuwait City and Lagos, officials are confronting the plunge in prices — roughly 25 percent since a peak in June. A steep decline in oil prices is straining the ...
New Report Charts EU Tax Policy Changes In 2014
October 16th, 2014
The European Commission has published a new report detailing key tax reforms implemented by European Union member states during 2014 and identifies the main policy challenges they are said to face. The report notes that the tax burden on ...
Australia 200 – Bounces Strongly Off Support at 5100
October 15th, 2014
Australia 200 for Wednesday, October 15, 2014 Since the beginning of September the Australia 200 Index has declined strongly from its multi-year high after running into resistance around 5650 back to enter its previously established trading range between 5400 ...
