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Fitch: These are the EU countries most affected by Brexit
July 4th, 2016
Fitch outlines EU countries most hurt by Brexit The Fitch international rating agency has compiled a list of EU countries that will be most affected by Britain’s exit from the European Union. Ireland, the Netherlands, Belgium, Malta, Cyprus and ...
Brexit isn’t the most serious threat to the EU — the euro is
July 4th, 2016
Brexit isn’t the most serious threat to the EU — the euro is One surprising thing about Britain’s vote to leave the EU is that Britain’s economy has been doing better than a lot of European countries. Unemployment in ...
What is Frexit? Will France leave the EU next?
July 4th, 2016
What is Frexit? Britain’s historic vote to leave the EU has sparked calls for a French exit, or Frexit, from the European Union. The British public voted for a Brexit, or British exit, during a historic EU referendum on ...
EU To UK: No Free Trade A La Carte
July 4th, 2016
“There will be no single market ‘á la carte'” for the UK when it leaves the European Union (EU), according to Donald Tusk, President of the European Council. Tusk made the comment after an informal meeting on June 29 ...
Russian Finance Firms Form Blockchain Consortium
July 4th, 2016
A group of Russian banks and financial services companies has formed a private-sector consortium focused on blockchain applications. Announced 1st July, the consortium includes payment processing firm QIWI, B&N Bank, Khanty-Mansiysk Otkritie Bank, Tinkoff Bank, MDM Bank, and professional services firm Accenture. The launch came during the 25th International ...
Devereux Chambers to lead crowdfunded Brexit legal challenge
July 1st, 2016
Barrister Jolyon Maugham QC is teaming up with human rights firm Bindmands to take on the EU referendum result. A crowdfunding campaign launched by Mr Maugham has successfully raised £10,000 to underwrite a public law case against the result ...
Goodbye to all VAT? EU indirect tax after Brexit
July 1st, 2016
Nicholas Hallam, CEO at Accordance, examines what could happen to EU VAT after the UK’s vote to leave the union. A year ago, asking EU VAT commissioner Donato Raponi what Brexit would mean for EU VAT provoked derisory hilarity ...
Swift: 73 banks worldwide joined the global payments innovation initiative
July 1st, 2016
More than 70 banks worldwide collaborate to dramatically improve the cross-border payments experience with greater speed, transparency and end-to-end tracking SWIFT announces today that 73 banks worldwide have now joined its global payments innovation initiative, designed to improve the cross-border ...
The 18 companies that control bitcoin in 2016
July 1st, 2016
Flashy startups like Coinbase, Circle, Blockchain, and BitPay are some of the most famous companies in bitcoin. But arguably more important are the miners — individuals and organisations who form the core backbone of bitcoin, ensuring the digital currency’s ...
Facebook wins privacy case, can now track any Belgian it wants
July 1st, 2016
In a somewhat unexpected twist, Facebook has won a legal battle against Belgium’s data protection authority, which had sought to prevent Facebook from tracking non-Facebook (or not-logged-into-Facebook) users, both on the Facebook website itself but also via the company’s ...