Search Results for: US
Online scammers captured after causing Eur 18 million of damage
August 2nd, 2018
After six years of preparation and coordination, the international Operation Warenagent has seen the arrest of 15 individuals, thought to be members of a network responsible for online fraud causing EUR 18 million worth of damage. The operation was ...
Russia passes tax haven laws to bypass sanctions
August 1st, 2018
International firms can use new laws to establish an offshore domicile and thereby bypass sanctions. The Russian parliament’s upper chamber has approved a package of laws to enable Russia-controlled foreign offshore companies to be re-registered in offshore financial centers ...
Ex-Head of Volkswagen suspected of tax evasion in Germany – Reports
July 31st, 2018
The prosecutors of the German city of Braunschweig are suspecting former head of Volkswagen AG Martin Winterkorn of tax evasion, local media reported on Sunday. The investigation began in 2017 in Munich, when a staff member at Sparda bank ...
Russia’s gold reserves approaching record as Moscow is striving to escape from US dollar hegemony
July 30th, 2018
With 2,000 tons of gold in reserves, Russia’s bullion holdings are approaching the Soviet peak seen in 1941. Moscow is striving for financial independence and escape from US dollar hegemony, analysts told RT. “Some countries in the world want ...
Trade truce boosts the euro and hurts the US dollar
July 27th, 2018
The DXY dollar basket dropped to 94.08, down from a high of 95.65 last week. The dollar is under pressure from a range of negative drivers. Friday’s GDP print could be the blow off top for US growth and ...
Easier to get a loan and demand for loans increased for euro area firms and households
July 26th, 2018
It became easier for euro area firms and households to borrow money in the second quarter of 2018 and demand for loans also increased. The negative impact of non-performing loans (NPLs) on credit conditions is decreasing, as the July ...
Elliott wave Analysis: AUDUSD and S&P500
July 25th, 2018
Aussie can be unfolding a complex correction within wave 4, which looks more and more as a triangle pattern. A triangle pattern is a five-wave, sideways movement which unfolds prior to the final leg within a trend, so once ...
EU wants US tech companies to pay tax
July 24th, 2018
European finance leaders called for progress on global rules to tax the digital economy at a meeting of G20 finance ministers and central bankers in Argentina on Sunday. The final communique reaffirmed a commitment to address the impacts of ...
The license of a Forex trading provider has been suspended by the Cyprus Regulator
July 23rd, 2018
The Cyprus Securities and Exchange Commission (CySEC), the independent supervisory Authority of the investment services market in Cyprus has issued an announcement to inform that the authorisation of the Cyprus Investment Firm IGM FOREX LTD (‘the Company’), number 309/16, is ...
CySEC announced the authorization of a new Cyprus Investment Firm
July 23rd, 2018
The Cyprus Securities and Exchange Commission (CySEC), the financial regulatory authority of Cyprus, has issued today an announcement to inform that a new company has been approved by the Commission as a Cyprus Investment Firm (CIF). According the announcement, the firm ...
