Search Results for: NFA
Global trade update
January 30th, 2017
The easy pattern of prolonged trade negotiations has been rudely interrupted by President Trump. Europe The easy pattern of prolonged trade negotiations has been rudely interrupted by President Trump. Even before he had become President his anticipated presence in ...
Interactive Brokers Japan fined JPY 20 million
January 26th, 2017
Japan Exchange Regulation (hereinafter “JPX-R”) has inspected Interactive Brokers Securities Japan,Inc. (hereinafter “the Company”) and deemed that there was insufficient trading management to prevent acceptance of orders, etc., which could potentially result in the creation of manipulative quotations. Tokyo ...
China’s economy grows 6.7% in 2016
January 20th, 2017
China’s economy grew by 6.7 per cent in 2016, compared with 6.9 per cent a year earlier, according to official data, marking its slowest growth since 1990. The figure is in line with Beijing’s growth target of between 6.5 ...
Mastercard `Preying on Millions’ Sparked $17 Billion Fee Lawsuit
January 18th, 2017
Consumers seek permission to bring U.K.’s largest class action Mastercard says damages would be impossible to calculate Mastercard Inc. preyed on more than 46 million unknowing consumers by unfairly charging card fees over a 16-year period, lawyers seeking to ...
Donald Trump Is Threatening to Slap a 35% Border Tax On BMWs Built In Mexico
January 16th, 2017
President-elect Donald Trump has warned the United States will impose a border tax of 35% on cars that German carmaker BMW (BMWYY, -0.66%) plans to build at a new plant in Mexico and export to the U.S. market. Trump ...
Eight men earn more than 3.6 billion people: our economics is broken
January 16th, 2017
Today, eight people have the same wealth as the poorest half of the world’s population. Stop and think about this. It is a mind-boggling concept. Last year we said we would have needed a double-decker bus to transport the ...
Fiat Chrysler accused of diesel emissions cheating
January 13th, 2017
EPA Notifies Fiat Chrysler of Clean Air Act Violations FCA allegedly installed and failed to disclose software that increases air pollution from vehicles The U.S. Environmental Protection Agency (EPA) today issued a notice of violation to Fiat Chrysler Automobiles ...
William Hill profits hit by ‘customer friendly’ results
January 9th, 2017
UK bookmaker William Hill has said profits will be at the low end of forecasts following “unfavourable” football and horseracing results. William Hill said it had been hit by “customer friendly” results at the back end of last year, ...
FMQ breaks $15 trillion
January 9th, 2017
Since August 2014, bank reserves at the Fed have fallen by $646.6bn, while the sum of cash, checking accounts and deposits held by the public has risen by $1990bn. The fiat money quantityi has now breached the $15 trillion ...
Fifa calls in lawyers to help resolve staff disputes
January 9th, 2017
Fifa has called in two lawyers to act as mediators in conflicts with staff amid mass changes at world football’s governing body, based in Zurich. A Fifa spokesman said that specialist labour lawyers Nirmala Dias and Andreas Blattmann would ...