Search Results for: Middle East
Gold price boosted by hard Brexit fears
January 16th, 2017
Prospect of leaving single market – plus doubts over Donald Trump effect in US – sees traders rush to ‘safe haven’ Gold is being boosted this morning as concerns over a hard Brexit dominate the market commentary. Reports indicate ...
Euro zone corporate lending hits highest rate since 2009
December 29th, 2016
Bank lending to euro zone companies grew at the fastest pace since the end of the global financial crisis last month as the European Central Bank tries to stimulate the economy after years of anaemic growth. The figures suggest ...
Android Pay vs Apple Pay: who’s winning the mobile payment battle?
December 22nd, 2016
Apple and Google have been competing in just about every field of technology for some time now – from maps to music – and mobile payments is no exception. Here we’re going to take a close look at how ...
Bitcoin crushed every other currency in 2016. Here are five reasons why
December 20th, 2016
Bitcoin, that nebulous digital currency that trades in cyberspace and is “mined” by code-cracking computers, emerged as a better bet this year than every major currency, stock index and commodity contract. The electronic coin that trades – and is ...
Why Europe must end in tears
December 11th, 2016
The latest consequence of economic mismanagement in Europe was the failed attempt at constitutional reform in Italy this week. The Italian people have had enough of their government’s economic failure, and is refusing to give it more power. The ...
Lithuania is looking to attract FinTech companies
December 5th, 2016
Of all the cities lining up to poach London’s business post-Brexit, Vilnius might seem the most unlikely. Yet the Lithuanian capital has much to offer financial firms, from liveability and local talent to cutting-edge fintech regulation. Euromoney visits a ...
Saudi Arabia may soon go bankrupt If no changes are made; Saudi experts
November 3rd, 2016
A two-year drop in oil prices has inflicted a dramatic blow to the economy of one of the world’s richest countries. If no changes are made, Saudi Arabia, according to some Saudi experts, will go bankrupt in three to ...
Who Will Exit the EU Next?
October 20th, 2016
The European Union’s future has been up for debate since the Continent’s economic crisis began nearly a decade ago. But questions about the bloc’s path have multiplied in recent years as Greece came close to quitting the eurozone and ...
Italian Corporate Tax Rate To Fall In New Budget
October 18th, 2016
In a press conference on October 15, following approval by the Government of the draft Italian 2017 Budget, Premier Matteo Renzi announced that it contains the promised business tax cuts, and underlined that “tax burdens continue to go down.” ...
How not to manage a currency
October 15th, 2016
Make no mistake, sterling’s collapse is a very serious development, and has serious consequences for sterling interest rates. While it is becoming apparent that interest rates are going to have to rise possibly for all currencies on a one-year ...