Search Results for: MoU
The crisis goes up a gear
June 22nd, 2020
Dollar-denominated financial markets appeared to suffer a dramatic change on or about the 23 March. This article examines the possibility that it marks the beginning of the end for the Fed’s dollar. At this stage of an evolving economic ...
CySEC recalls the partial suspension of the CIF authorisation of two Cyprus Investment Firms
June 18th, 2020
The Cyprus Securities and Exchange Commission (‘CySEC’) has issued today two announcements to inform that decided to recall the partial suspension of the authorisation of two Cyprus Investment Firms (‘CIFs’). In accordance with the announcements: The CYSEC, further to ...
EU: Oil deliveries declined; The countries with the largest quantity decreases
June 18th, 2020
EU Member States have taken restrictive measures to slow down the spread of COVID-19 that have had an impact on the use of fuels for transport, such as limitations in international air traffic and people’s movements. These measures, which ...
Mastercard and Visa lose legal round in Europe over swipe fees
June 18th, 2020
Wednesday, the highest court in the U.K. upheld a 2018 ruling by a lower court, the Court of Appeal, that payments firms Visa and Mastercard had restricted competition for retailers by levying fees on transactions, known as multilateral interchange ...
TikTok faces scrutiny from EU watchdogs over Data practices
June 12th, 2020
TikTok, ByteDance Ltd.’s social media app, is facing broader scrutiny over its privacy policies, following a decision by the European Union’s data protection chiefs to coordinate potential investigations. Wednesday’s announcement by a panel of EU authorities follows the decision ...
Europe: A new corporate tax could raise €10 billion a year
June 12th, 2020
A new corporate tax could raise €10 billion a year to help fund stimulus plans while amounting to less than 0.2% of turnover of large companies that benefit from the European Union’s single market, the bloc’s executive said on ...
MMT —it’s just neo-Keynesian macroeconomics
June 12th, 2020
The doyenne of MMT, Stephanie Kelton, has published a book this week explaining modern monetary theory. This article examines the foundations of MMT which Kelton explained in an earlier video released last year. Introduction Macroeconomics has become so ...
Statistics, lies and the reservoir effect
June 4th, 2020
This article debunks the misconception that GDP represents economic health. It explains how monetary flows have led to markets in financial assets inflating while non-financials in the GDP bucket are in deep distress. And why, at a time of ...
cTrader Desktop 3.8 boasts new drawing features, indicators and further platform customisation tools
June 2nd, 2020
Spotware, the award-winning financial technology provider, has announced the release of cTrader Desktop 3.8 version. This version comprises highly-requested drawing features, such as the ability to lock and hide individual and a series of drawings, as well as the ...
CySEC reached a settlement with a Cyprus Investment Firm for possible violations
June 1st, 2020
The Cyprus Securities and Exchange Commission (CySEC) has announced that has reached a settlement agreement with a Cyprus Investment Firm (CIF) regarding possible violations of the relevant legislation. In accordance with the CySEC’s Board decision dated 09th of March ...