The Neo-Marxist Threat to National Economies
July 10th, 2015
The theatricals and melodrama of the current Greek crisis mask a far more serious issue than mere political entertainment. The self-created sequence of threats to Greece i.e. sovereign debt default, bankruptcy, Eurozone exit and relegation to the status of ...
Greece Enters Its Crack-Up Boom
July 9th, 2015
The Austrian School of economics has a concept called a “crack-up boom” in which a critical mass of people conclude that their government is actively trying to devalue its currency. Consumers respond by front-running the government, spending their paychecks ...
CySec has issued an announcement regarding Activation Procedures for Autorized Firms
July 9th, 2015
CySec has issued today an announcement regarding Activation Procedures for Autorized Firms specifying that: In order to improve the process of activation of persons who have obtained licence by the Cyprus Securities and Exchange Commission (“CySEC”) and in order to ...
Greek debt crisis: Where do other eurozone countries stand?
July 9th, 2015
Eurozone leaders are back in Brussels to discuss how to deal with the growing debt crisis in Greece. Greek voters overwhelmingly rejected the terms of an international bailout on Sunday. Although some countries are keen to strike a compromise, ...
European Stocks, Chinese Stocks And Commodities Are All Crashing – Are U.S. Stocks Next?
July 8th, 2015
A global stock market crash has begun. European stocks are crashing, Chinese stocks are crashing, and commodities are crashing. And guess what? All of those things happened before U.S. stocks crashed in the fall of 2008 too. In so many ways, it seems like we ...
Goldman: “Greece Will Remain In Euro Even If It Votes No”, And How Markets Will React
July 3rd, 2015
The time to negotiate the Greek referendum this Sunday has come and gone and at this point, one can only sit and wait as the vote results start trickling in on Sunday evening. And, as Goldman’s Huw Pill prudently ...
Greek meltdown has UAE tour operators scrambling for holiday alternatives
July 2nd, 2015
As the Greek debt crisis drags on, scaring away potential visitors, tour operators in the UAE are looking at alternative destinations for the summer. The Mediterranean nation is technically in arrears after having missed its €1.6 billion (Dh6.52bn) payment ...
Regulatory Fine
June 26th, 2015
Global Regulators Cyprus Securities and Exchange Commission (CySec) Fines Imposed for Year 2015 and 2016
Lawyers facing up to Grexit
June 22nd, 2015
If Greece goes bust, what will happen to client money? “As the spectacle of potential Greek bankruptcy unrolls before our eyes, we should put ourselves in the shoes of our Greek lawyer colleagues.” The main impact of the crisis ...
The Greek Government Debt
June 19th, 2015
Europe and the rest of the world are watching nervously these days as the Greek drama (tragedy) is entering its last phase. There has to be some type of compromise (agreement) between the Greek government and its lenders before ...
