Search Results for: economy
Low tax Zug aims to become Switzerland’s ‘Crypto Valley’
September 8th, 2016
Zug town hall now accepts bitcoin More than a dozen crypto currency firms operating there so far Government looking at changing regulation to attract more firms The small Swiss canton of Zug, famed for the low taxes that have ...
What to Watch at the ECB’s Meeting
September 8th, 2016
As Mario Draghi prepares to face the cameras on Thursday, analysts have rarely been so divided over what to expect from the European Central Bank president. In July, ECB officials signaled that they were ready to unleash fresh stimulus to support the eurozone’s ...
Gold sputters after hitting three-week high
September 7th, 2016
Gold futures were trading little changed Wednesday after logging their highest settlement in nearly three weeks a day earlier as investors pared expectations for how aggressively the Federal Reserve would move to increase interest rates. The interest-rate debate continues ...
ECB might deliver more QE but Fitch’s top economist says ‘don’t bother’
September 7th, 2016
Expectations for further quantitative easing at upcoming European Central Bank and Bank of Japan meetings may be running high, but chances are central bankers will be wasting their time with fresh measures, analysts warned. Brian Coulton, chief economist at ...
Emerging Markets Rally as Fed Bets Pulled; Japanese Stocks Fall
September 7th, 2016
Weak U.S. economic data slashes odds of a September rate hike Japanese shares retreat as yen strengthens; oil near $45 Emerging-market stocks and currencies rallied with European equity index futures after a slew of weak U.S. economic data quelled ...
G20 summit concludes with historic consensus on world growth
September 6th, 2016
The 11th summit of the Group of 20 (G20) major economies concluded in Hangzhou on Monday, reaching extensive consensus on pursuing innovative, invigorated, interconnected and inclusive world economic growth. “Held at a critical time for world economic growth and ...
Innovator Launches New Digital Currency eQuid with a Focus on the Money System Side of the Coin
September 6th, 2016
eQuid will launch on select cryptocurrency exchanges in late fall 2016 after running a crowdfunding campaign to build support. When the currency is active on those exchanges, anyone with an account can purchase eQuid. Garth Wells, the founder of ...
Reserve Bank of Australia decided to leave the cash rate unchanged at 1.50 per cent
September 6th, 2016
At its meeting today, the Board decided to leave the cash rate unchanged at 1.50 per cent. The global economy is continuing to grow, at a lower than average pace. Several advanced economies have recorded improved conditions over the ...
Israel puts FATCA temporary on hold; Other countries may rethink
September 5th, 2016
Israeli High Court’s FATCA Injunction Must Make Other Countries Rethink America’s Imperialistic Law The Israeli High Court’s temporary injunction against the enforcement of America’s highly controversial global tax law “should serve as a wake-up call for other countries to ...
BOJ’s Kuroda Says There Is No Limit to Monetary Easing ahead of Bank’s Comprehensive Review
September 5th, 2016
Bank of Japan (BOJ) Governor Haruhiko Kuroda disagrees that there are “limits” to monetary easing, setting the stage for officials’ comprehensive assessment of the economy later this month. “It is often argued that there is a “limit” to monetary easing, but ...
