Search Results for: European law
Don’t dismiss gold and silver…
January 21st, 2021
There is worrying evidence that 2021 will see the end of fiat currencies, led by the US dollar. US dollar money supply has accelerated at an extraordinary rate, a process that will continue. Signals from the markets that ...
Brexit: Financial market participants whose activity might be impacted
December 29th, 2020
The European Securities and Markets Authority (ESMA) remind stakeholders to be aware and prepared for changes that will occur from 1 January 2021. On 29 March 2017, the United Kingdom (UK) notified the European Council of its intention to ...
British pound rose against the dollar
December 15th, 2020
The dollar traded near 2 1/2-year lows against major peers on Tuesday as demand for the safest assets flagged amid progress toward agreeing U.S. fiscal stimulus and optimism for a Brexit deal. The greenback was near its weakest since ...
Cookies penalty: AMAZON EUROPE CORE, GOOGLE LLC and GOOGLE IRELAND LIMITED fined multimillion euros
December 10th, 2020
The French data protection authority, Commission Nationale de l’Informatique et des Libertés (CNIL), has issued today two announcements to inform about the imposition of fines to AMAZON EUROPE CORE, GOOGLE LLC and GOOGLE IRELAND LIMITED for Cookies violations. AMAZON ...
A digital euro
November 19th, 2020
The ECB, as guardian of the euro, provides currency in two forms: we issue banknotes and we transfer electronic deposits to banks and other financial institutions. Digitalisation has spread to every corner of our lives and transformed how we ...
Payment token derivatives: the risks behind the hype
November 19th, 2020
Compared to a direct investment in Bitcoin, for example, an investment in derivatives with payment tokens as underlying assets is more transparent but is by no means risk-free. Many of the risks associated with payment tokens have an impact ...
Waiving VAT and customs duties on vital medical equipment
November 18th, 2020
The European Commission waives customs duties and VAT on the import of medical equipment from non-EU countries. The European Commission had already in April 2020 published a decision helping Member States affected by the coronavirus pandemic to temporarily suspend ...
The monetary logic for gold and silver
November 17th, 2020
A considered reflection of current events leads to only one conclusion, and that is accelerating inflation of the dollar’s money supply is firmly on the path to destroying the dollar’s purchasing power — completely. This article looks at ...
Dollar loses ground, pound gains as traders eye Brexit talks
November 16th, 2020
The dollar lost ground against other major currencies on Monday, while the pound and the euro drew strength from signs that Britain and the European Union could make progress negotiationg a post-Brexit trade deal. Sentiment across markets were mixed, ...
The destruction of the euro
October 26th, 2020
The Eurozone is bust. The deterioration of TARGET2 imbalances have been hardly noticed, but in recent months it has been alarming. Despite official denials over the years that it is a matter of concern, it is increasingly obvious ...