Search Results for: ICO
Why We’re Ungovernable, Part 11: Portugal Stages A Coup
October 26th, 2015
Wow. Portugal just did something extraordinary. In its most recent election, parties of the left — anti-austerity, anti-business, mistrustful of the euro and other extra-national institutions — gained a parliamentary majority, which gives them the right to form a ...
Digital currency startup Abra raises funds from Ratan Tata, American Express
October 23rd, 2015
The firm also announced entry into the online, digital cash-based merchant payments. Abra’s app will be available to all registered users in the US and Philippines in the coming weeks US-based startup Abra today said Tata Group Chairman Emeritus ...
The Shifting World Distribution of Income
October 22nd, 2015
The fastest-growing countries around the world, now and probably for the next few decades, will not be the high-income countries. As a result, the global distribution of income will become–gradually–more equal over time. Tomáš Hellebrandt and Paolo Mauro offer ...
CySec announced on the way complaints against Cyprus Investment Firms (“CIF”) are handled
October 22nd, 2015
The Cyprus Securities and Exchange Commission (CySec) has issued an announcement to inform public and investors that: On the occasion of the full operation of the Financial Ombudsman of the Republic of Cyprus, the Cyprus Securities and Exchange Commission (the ...
$1B in legal fees for recovery of Madoff losses is a ‘good return on investment’
October 22nd, 2015
Lawyers recovering money for victims of Bernard Madoff’s Ponzi scheme say total legal fees in the case could reach $1 billion. In an interview with ABC News, court-appointed trustee Irving Picard of BakerHostetler said the fees are a “very good ...
5 reasons oil could be nearing a new tipping point
October 22nd, 2015
Oil’s bounce back from the summer’s lows has the look of a bottoming in crude prices, but some strategists say the shakeout is not over. “I’m pretty sure we’re going to see a new low. The probabilities are that ...
OPEC Is About to Crush the U.S. Oil Boom
October 21st, 2015
U.S. oil output almost back down to level of last OPEC meeting Saudi-led strategy is paying off, says Societe Generale After a year suffering the economic consequences of the oil price slump, OPEC is finally on the cusp of ...
The 5 Biggest Market Events of 2015 So Far
October 19th, 2015
2015 has certainly been an interesting year as far as the world of finance is concerned. The markets have undoubtedly seen some tumultuous times, particularly in recent months, so today we’re going to look at the five biggest market ...
VW Loses Market Share in Europe as Diesel-Motor Recalls Loom
October 16th, 2015
Gain of 8.3% lagged behind industry growth of 9.8% last month VW showed “noticeable uptick” in German discounting: Barclays Volkswagen AG failed to keep pace with European competitors as the German carmaker’s market share slipped last month in the ...
The Common Reporting Standard: Automatic Information Exchange Goes Global
October 16th, 2015
Automatic exchange of information for tax law enforcement purposes started first in Europe with the EU Savings Tax Directive, went international with the US Foreign Accounts Tax Compliance Act, and, from 2017, will go global with the recently-agreed Common ...
