Search Results for: OSC
Explaining the credit cycle
July 24th, 2020
This article summarises why the credit cycle leads to alternate booms and slumps. It is only with this in mind that they can be properly understood as current economic conditions evolve. The reader is taken through three monetary ...
Russia plans another move out of Dollar, into Euro, Yuan
November 13th, 2019
Russia is planning to cut the dollar’s share in its $125 billion sovereign-wealth fund, following a major move last year out of U.S. assets by the central bank. “Geopolitical risks are one of the key factors for changing the ...
VAT Gap: EU countries lost €137 billion in VAT revenues in 2017
September 12th, 2019
EU countries lost €137 billion in Value-Added Tax (VAT) revenues in 2017 according to a study released by the European Commission today. The so-called ‘VAT Gap’ – or the overall difference between the expected VAT revenue and the amount ...
Emerging-market stocks rose to a one-month high; South Africa’s rand rose
September 6th, 2019
Emerging-market stocks rose to a one-month high on Thursday after the United States and China agreed to a new round of trade talks. South Africa’s rand rose for a third straight day on optimism about its economic growth. The ...
New EU-wide tax system to offer more tax certainty in double taxation issues
July 4th, 2019
The European Commission has announced that new EU rules come into force as from the 1st of July to ensure quicker and more effective resolution of tax disputes between Member States, making life easier and offering much more tax certainty for ...
As US piles on sanctions, foreign investors pour more money into Russia
February 14th, 2019
Russian companies’ stocks attracted the most foreign investment in 5 years, adding nearly $576 million in January, the Central Bank of Russia reported. Investors also actively poured money into Russian bonds despite US sanctions. The ruble-based Moscow stock exchange ...
Emerging market currencies fell with the dollar climbing to its highest in nearly two weeks
February 7th, 2019
Emerging market currencies fell on Wednesday with the dollar climbing to its highest in nearly two weeks as investors largely ignored U.S. President Donald Trump’s State of the Union address. Stocks were mostly flat. Concern over global growth continued ...
The euro turns 20
December 28th, 2018
The euro turns 20 on Tuesday, marking two tumultuous decades that saw the single currency survive a make-or-break crisis and become a fixture in financial markets and Europeans’ wallets. But it is destined to remain a fragile giant without ...
EU issues Regulations on 2021 VAT rule changes for e-Commerce
December 20th, 2018
The European Commission has published proposed implementing regulations for reforms to VAT rules for e-commerce that will be effective from January 2021. These implementing regulations are intended to ensure the smooth running of the new VAT rules for e-commerce ...
The Netherlands to tighten tax rules for foreign firms
November 28th, 2018
The Netherlands said it will tighten rules on tax breaks for foreign firms after facing criticism from the EU for offering complicated schemes for multinationals. Dutch authorities said they were cracking down on “letter box firms” with a Dutch ...
