Search Results for: MoU
PayPal: Cyber fraud offences
January 3rd, 2015
A 22-year old man connected with the notorious Lizard Squad group of hackers has been arrested by Thames Valley police on suspicion of a series of PayPal-related fraud offences. The South East Regional Organised Crime Unit says the arrest ...
France Just Quietly Killed Off Its Failed 75% Super-Tax
January 2nd, 2015
The eye-catching and eye-watering 75% payroll tax rate in France was quietly killed off by the government yesterday, after failing to raise significant revenue. The tax was also accused of driving high earners away from France. The tax raised only ...
ECB President Draghi says that the Eurozone Is Facing ‘A Long Period Of Weakness’
January 2nd, 2015
The eurozone faces a growing risk of unstable prices, the head of the European Central Bank said in an interview published Friday, at a time when concerns are mounting the bloc could slip into deflation. “The risk that we ...
New Visa Europe Interchange Programme: Opportunity for Merchants and Acquirers
January 2nd, 2015
Early 2015, Visa Europe will introduce their so-called Cross Border Domestic Interchange Programme (CBDIP). This programme will cap interchange fees for domestic transactions processed by European cross-border acquirers. This seems to be excellent news for merchants as it could ...
Puerto Rico investors sue UBS for $4.5 million
January 2nd, 2015
Claim says UBS mismanaged a trust to keep money invested in closed-end bond funds A lawsuit brought by the purported beneficiaries of a trust is seeking more than $4.5 million as it joins the chorus of claims alleging UBS ...
Latest on Digital Currencies
December 31st, 2014
India’s Central Bank Could One Day Use Digital Currency, Chief Says Reserve Bank of India (RBI) governor Raghuram Rajan spoke out on bitcoin at a televised event organised by the NDTV network late last week. During the discussion, which ...
Fund board severs ties with Thibeault after arrest
December 31st, 2014
Alt fund manager accused of creating fictitious loans no longer has access to the GL Beyond Income Fund The small financial services empire of Daniel Thibeault, a well-known asset manager who was arrested earlier this month on charges of ...
MegaBigPower: 2014 Was a Game Changer for Bitcoin Mining
December 30th, 2014
The bitcoin mining landscape was, perhaps, permanently shaped over the past year, as events both great and small made their marks on the industry. 2014 saw community uprisings against large hashrate contributors, growing amounts of capital flowing into the ...
Top 10 Reasons to Abolish the Corporate Income Tax
December 30th, 2014
America’s corporate income tax rate, at 35%, is the highest in the world. A rising chorus would like to bring it more in line with foreign rates, which average around 23%. I have a better idea—abolish the tax. The ...
Global Oil: Production, Politics, Price and Pain
December 23rd, 2014
The drop of oil prices in the past six months is all over the headlines with all sorts of opinions about how this is good or bad for economies around the world, consumers and corporations. Like everything there are ...
