Search Results for: Brussels
Trump’s Whirlwind European Tour
July 18th, 2018
President Trump visited Britain on a much-anticipated visit. The political situation in Washington is very different from when Mrs May last visited. In Washington, President Trump appears to have successfully gained control of and tamed the Deep State, while ...
Big four accounting firms paid millions to advice EU Commission on tax policy
July 10th, 2018
EU lawmakers should stop relying on policy advice from the world’s four largest accounting firms, given their status as “goliaths of the tax planning world,” according to an independent Brussels-based watchdog. Far from being “objective and legitimate” advisers on ...
EU leaders to urge progress on digital tax despite concerns, draft says
June 20th, 2018
European Union leaders are expected to call for progress on new rules to tax companies’ digital revenues at a summit next week in Brussels, according to draft conclusions of the meeting. The text, which is still subject to change, ...
The Gently Rotting Debt-Ridden EU
June 8th, 2018
The EU as a political construction is in a state of terminal decay. We know this for one reason and one reason alone: its core principal is the state is superior to its people. A system of government ...
Spain to introduce the first “Real” Digital Tax in the EU
June 1st, 2018
The Treasury will impose a 5% tax on foreign and Spanish companies’ digital services. This new tax will be on the intermediary services and the publicity and sale of digital data up to 5% of the turnover of all ...
Yen to Dollar rose, Euro was steady, Pound gained; Most Asian equities declined
May 24th, 2018
Japan stocks led declines in most Asian equities, with the yen extending gains amid more twists and turns on trade and lingering emerging-market risks. The dollar was steady and 10-year Treasury yields extended their decline below 3 percent. Automakers ...
EU sees $23.5 Billion in revenue from financial-transaction tax
May 23rd, 2018
A proposed tax on financial transactions in 10 European Union countries could generate about 19.6 billion euros ($23.5 billion) of annual revenue, though Brexit could make collection more difficult, according to a new estimate. Derivatives account for more than ...
Most Asian stocks dipped, Gold lost 0.3 percent, Euro fell; Early investors review
May 22nd, 2018
Most Asian stocks dipped in a holiday-hit trading session Tuesday, with the dollar and U.S. Treasuries little changed as crude oil held around its highest New York level since 2014. Companies selling baby products saw gains after news that ...
The Euro and the Yen fell, Asian Stocks gain; Key events to watch this week
May 21st, 2018
Most Asian stocks gained Monday as U.S. equity futures jumped in the wake of news that the Sino-American trade war is on hold for now. Treasury yields nudged higher, taking the dollar with them. Equity benchmarks rose in Hong ...
Economics 101: Who Sets Prices?
April 26th, 2018
Since the advent of nineteenth century socialism, politicians and economists in the centre ground have argued for a balanced approach, where vital services are provided by the state, and capitalism is left to provide the rest. Vital services ...