Search Results for: Oman
UPDATE: Crude oil prices rise
January 8th, 2020
Oil prices have risen after two bases hosting US troops in Iraq were hit by ballistic missiles. Brent crude was up by 1.4% at $69.21 per barrel in the middle of the Asian trade, easing back from earlier gains. ...
Can you imagine how much the European households spent on transport?
January 8th, 2020
In 2018, households in the European Union (EU) spent 13.2% of their total consumption expenditure on transport. This represents a total expenditure of over €1.1 trillion, equivalent to 7.2% of the EU’s GDP or €2 220 per EU inhabitant. ...
150 years of bank credit expansion is near its end
November 22nd, 2019
The legal formalisation of the creation of bank credit commenced with England’s 1844 Bank Charter Act. It has led to a regular cycle of expansion and collapse of outstanding bank credit. Erroneously attributed to business, the origin of ...
Emerging Markets-Stocks, currencies gain as trade optimism returns
November 15th, 2019
Emerging market stocks rose for the first time in three days on Friday on renewed hopes that the United States and China were close to signing a trade deal to end a prolonged tariff war that has tempered global ...
EU removes Belize from its Tax Haven Blacklist
November 14th, 2019
The European Council agreed to remove Belize from the EU’s list of non-cooperative tax jurisdictions. North Macedonia meets commitments. Belize has passed the necessary reforms to improve its tax regime for international business companies that was due to be ...
Euro area government deficit at 0.5% and EU28 at 0.7% of GDP
October 21st, 2019
In 2018, the government deficit and debt of both the euro area (EA19) and the EU28 decreased in relative terms compared with 2017. In the euro area the government deficit to GDP ratio fell from 0.9% in 2017 to ...
UPDATE: European stocks reversed early losses to trade higher on Monday
September 30th, 2019
European stocks reversed early losses to trade higher on Monday, with market focus attuned to developments in the U.S.-China trade war. The pan-European Stoxx 600 edged up by around 0.4% during mid-afternoon trade, with construction and material stocks gaining ...
How bread and cereals prices vary across the EU
September 19th, 2019
In 2018, the price of bread and cereals across the European Union (EU) was more than three times as high in the most expensive Member State than in the cheapest one. When price levels in countries are compared with ...
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 ...
Beware of unauthorised companies offering investment and financial services
June 19th, 2019
The supervisory authorities of the United Kingdom (Financial Conduct Authority – FCA), Hong Kong (Securities and Futures Commission – SFC), Spain (Comisión Nacional del Mercado de Valores – CNMV), Austria (Financial Market Autority – FMA), Malta (Malta Financial Services ...
