Search Results for: European Council
CySEC released a statement of new rules governing derivatives on virtual currencies
May 16th, 2018
The Cyprus Securities and Exchange Commission (CySEC) has issued a statement to inform about new rules when providing investment services in relation to derivatives on virtual currencies. According the statement: Further to the European Securities and Markets Authority’s (ESMA) ...
Top Islamic bank uncovered internal fraud worth millions
April 30th, 2018
Abu Dhabi’s Al Hilal Bank has uncovered internal fraud as employees helped to steal over $170 million, most now retrieved. Al Hilal Bank PJSC, a top Islamic bank headquartered in Abu Dhabi, has uncovered internal fraud worth more than ...
Why A Dollar Collapse Is Inevitable
April 13th, 2018
“Naturally, the smooth termination of the gold-exchange standard, the restoration of the gold standard, and supplemental and interim measures that might be called for, in particular with a view to organizing international credit on this new basis, will ...
Europe’s digital tax map: Where countries stand
April 12th, 2018
The European Commission’s proposal to introduce a temporary levy to tax the revenues of digital giants is causing deep divisions between European countries, according to a POLITICO analysis of diplomatic positions. Shortly after the proposal was unveiled in late ...
Japanese yen rose, Euro was flat, Gold inched up, Asian stocks advanced: Review
March 8th, 2018
Asian stocks advanced as worries surrounding a trade war dissipated and U.S. equities recouped losses. The dollar steadied and Treasuries ticked higher. Equities rose from Tokyo to Sydney, with shares in Hong Kong outperforming. Earlier, the S&P 500 Index ...
Euro slid after Italian election results; Here are some key events coming up this week
March 5th, 2018
Asian equities declined on continued investor concern about the impact of American tariffs on the global economy. The euro slid after initial results from the Italian election suggested a hung parliament. Stocks fell from Tokyo to Sydney, with the ...
Gold-Backed Cryptocurrencies: Icing On An Already Tasty Cake
February 2nd, 2018
The blockchain has discovered gold (or gold has discovered the blockchain). Either way, this means several things. First, the decades-long dream of a gold-backed cybercurrency may finally be realized. Second, gold and probably silver are looking at a big ...
Europe, Brexit and the credit cycle
December 18th, 2017
Europe’s financial and systemic troubles have retreated from the headlines. This is partly due to the financial media’s attention switching to President Trump and the US budget negotiations, partly due to Brexit and the preoccupation with Britain’s problems, ...
How will Final Monetary Policy Meetings of 2017 Impact the GBP EUR Exchange Rates?
November 24th, 2017
The Bank of England (BoE) and European Central Bank (ECB) both have one monetary policy meetings left on the calendar before 2017 ends – and both are scheduled for the 14th of December. It’s been a turbulent year for ...
Malta: Paradise Papers leave locals polarized
November 17th, 2017
In the wake of the Paradise Papers leaks, many locals in Malta feel frustrated and are calling on the European Union to come to the rescue. “A term my friend came up with — we are political orphans. We ...
