Search Results for: Euro
Post-tariff considerations
May 17th, 2019
President Trump has declared he will extend tariffs of 25% on all America’s imports of Chinese goods. China is responding with tariff increases of its own. The consequences of this action and reaction will be to kick-start higher ...
$63 Million in fines imposed since GDPR Law went into full effect
May 16th, 2019
GDPR: Europe Counts 65,000 Data Breach Notifications So Far European privacy authorities have received nearly 65,000 data breach notifications since the EU’s new privacy law went into full effect. In addition, regulators in 11 European countries have imposed $63 ...
Yen gains but yuan, Aussie dip as U.S.-China trade war escalates
May 13th, 2019
The safe-haven yen edged higher and the Chinese yuan and Australian dollar dipped early on Monday after the latest escalation in the trade war between the United States and China. The world’s two biggest economies appeared at a deadlock ...
GDPR close to one year anniversary; Has lived up to its potential?
May 8th, 2019
The European Union’s General Data Protection Regulation was celebrated as a revolution in how internet privacy could be legislated. It was a reaction to long-term concerns in the EU about information collection by tech giants like Facebook, Alphabet and ...
6.2% of the population in Eupean Union were severely materially deprived
May 8th, 2019
In 2018, 6.2 % of the population or around 31 million people in the European Union (EU) were severely materially deprived. This means that they cannot afford at least four of the following items, which are considered by most ...
Cyber wars and all that
May 3rd, 2019
Behind the Huawei story, we must not forget there is a wider financial war being waged by America against China and Russia. Stories about China’s banks being short of dollars are incorrect: the shortage is of inward capital ...
ESMA renews decision in relation to contracts for differences
May 3rd, 2019
The European Securities and Markets Authority (ESMA) has issued an announcement to inform about its decision for restrictions in relation to Contracts For Differences (CFDs). In accordance ESMA’s announcement, on 17 April 2019, the ESMA adopted a Decision under ...
The US Government Debt Crisis
May 2nd, 2019
This article explains why the US Government is ensnared in a debt trap from which there is no escape. Its finances are spiralling out of control. In the context of a rapidly slowing global economy, the budget deficit ...
The Lesson Of Argentina: You Can’t Stabilize A Bankrupt Economy
May 2nd, 2019
So the U.S. puts Republicans (the party of small government) in charge, and gets… trillion dollar deficits as far as the eye can see AND a revival of socialism among Democrats. Scary as this may seem, the real (and ...
Wrong handling of user data may cost up to $5B for Facebook
April 25th, 2019
Facebook said Wednesday it expects to shell out between $3 billion and $5 billion to settle the FTC’s ongoing investigation into its handling of user data, foreshadowing a potentially massive penalty from the nation’s top consumer protection agency. The ...
