Search Results for: European Union
AMF sets specifics for its ban on the advertising of the riskiest products
January 11th, 2017
A major investor protection milestone: the AMF sets specifics for its ban on the advertising of the riskiest products For several years, the AMF has focused its attention on exposing the danger posed to retail investors by highly speculative ...
What is the oil price projection for 2017? What are the expectations
January 5th, 2017
2017 oil price projected to rise to US$45-US$50 from US$43 last year AmInvestment Bank (AmInvest) is keeping its oil price projection of an average of US$45 to US$50 per barrel this year from US$43 per barrel last year, stating ...
First legal test case against Volkswagen raising pressure to compensate customers in Europe
January 4th, 2017
German consumer rights champion myRight filed the first legal test case against Volkswagen in Germany on Tuesday (3 January), raising pressure on the carmaker to compensate customers in Europe over the emissions scandal. Europe’s largest automaker has pledged billions ...
CFTC Chairman Timothy Massad Announces Resignation as Chairman
January 4th, 2017
Chairman Timothy G. Massad today said he has tendered to President Obama his resignation as Chairman of the U.S. Commodity Futures Trading Commission, effective on January 20, 2017. Mr. Massad issued the following statement: “For the past two and ...
Investor optimism, global economic reality may clash in 2017
January 3rd, 2017
The economic outlook for this year looks similar to 2016 – uneven and unspectacular, according to economists worldwide polled by Reuters in December. The result is despite investor optimism about a breakout for the world economy. Many of the ...
Drifting into fascism
December 30th, 2016
Most people regard governments and their central banks as forces for the good. Financial crises and suchlike are therefore blamed on capitalism, and people believe our leaders do their best to pick up the pieces from market failures, because ...
These currencies got crushed in 2016
December 29th, 2016
A few countries have fared well, but others have seen the value of their currencies fall dramatically. Here’s a list of the currencies that have been rocked hardest in 2016: Egyptian pound: -59% Egypt took the radical decision to ...
28.7% of EU GDP spent on social protection
December 28th, 2016
Since 2011, social protection expenditure in the European Union (EU) has increased slightly, from 28.3% of GDP in 2011 to 28.7% in 2014, according to data from Eurostat, the statistical office of the European Union. In 2014, the two ...
Spain aims to raise 500 million euros from new environmental taxes
December 28th, 2016
Spain wants to raise 500 million euros ($528 million) from new environmental taxes as part of a package of fiscal measures to meet the European Union‘s budget deficit goals. The new environmental taxes are part of the revised budgetary ...
Asian shares fell on the last trading day before Christmas
December 23rd, 2016
Hong Kong, Chinese stocks among worst performers on tightening Crude oil drops as most government bond yields head higher Asian shares fell on the last trading day before Christmas as Chinese equities extended their losses amid concerns over rising ...
