Search Results for: EU
OECD Supports States To Mirror EU’s Digital VAT Reforms
October 27th, 2017
On October 24, the OECD released new implementation guidelines to support the collection of consumption taxes on cross-border sales. The guidance – Mechanisms for the Effective Collection of VAT/GST Where the Supplier Is Not Located in the Jurisdiction of ...
Which sector is the main employer in the EU Member States?
October 27th, 2017
In 2016, almost half of employment in the European Union (EU) was concentrated in two economic activities: “Wholesale and retail trade, transport, accommodation and food services” (24.7%) and “Public administration, defence, education, human health and social work activities” (23.7%). ...
SEC Announces Measures to Facilitate European Union’s MiFID II’s Research Provisions
October 27th, 2017
Following consultation with European authorities, and in response to concerns that investors could lose access to valuable research, the staff of the U.S. Securities and Exchange Commission issued three related no-action letters. These letters are designed to provide market ...
Euro against the dollar to a three-month low; Early European and Asian markets review
October 27th, 2017
Asian shares gained on Friday as technology shares were boosted by upbeat earnings from U.S. high-tech giants while the euro hovered near three-month low against the dollar after the European Central Bank extended its stimulus. The Australian dollar fell ...
Deutsche Bank to Pay $220 Million over Libor interest rate manipulation
October 26th, 2017
Deutsche Bank AG agreed to pay 45 U.S. states a combined $220 million to resolve a probe into interest-rate manipulation, more than twice the amount of Barclays Plc’s settlement last year. The states’ investigation found that the German bank’s ...
Asian shares hover near recent highs; European STOXX 600 shares rose, the S&P 500 lost 0.40 percent
October 24th, 2017
Asian shares held within striking distance of recent decade highs on Tuesday and major currencies kept to narrow ranges, while the New Zealand dollar fell after the country’s incoming Labour government laid out its left-leaning priorities. The policies were ...
Elliott Wave Analysis: USDCAD and EURGBP
October 23rd, 2017
Elliott Wave Analysis: USDCAD and EURGBP USDCAD broke out of a triangle on Friday and is now making a new impulsive run up; thus a five wave move that may continue within wave C) towards 1.2680-1.27 this week. ...
Yen and Kiwi fell, the Euro was down; Key events coming up this week
October 23rd, 2017
A landslide election victory for Japan Prime Minister Shinzo Abe sent the yen down and stocks in Tokyo higher, with the path paved for a continuation of loose monetary policy. With Abe now in good political shape ahead of ...
EU Council Approves VAT Derogation For Four States
October 20th, 2017
In Volume 60 of the Official Journal of the European Union (L 265), published October 14, the European Council approved four proposals for council implementing decisions in respect of derogation sought by member states from the EU VAT Directive. ...
Europe and Central Asia Region Sees Stronger Growth – World Bank
October 20th, 2017
Economic growth for the Europe and Central Asia region will reach 2.2% in 2017, according to the World Bank’s latest Regional Economic Update, Migration and Mobility in Europe and Central Asia. This represents the strongest growth in the region ...
