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Interview with St. Louis Fed Vice President on Bitcoin

October 9th, 2014 (0)
Dr David Andolfatto, who is Vice President of the St. Louis Federal Reserve, has been one of the most forward-looking people at central banks around the world when it comes to crypto-currencies. Here he speaks with Max Rangeley, Editor ...

Tax debts regulations ( UK pounds)

October 9th, 2014 (0)
Regulations introducing a graduated scale for recovery of tax and tax credit debts through a taxpayer’s PAYE code have been laid before Parliament. The measures, introduced following consultation, will permit more debts to be collected in a “relatively simple, ...

Asian shares soar on wings of dovish Fed message

October 9th, 2014 (0)
Asian shares surged and the dollar skidded on Thursday after minutes of the U.S. Federal Reserve’s latest policy meeting showed concerns about downside risks of a stronger dollar and the global economy. European shares were expected to take their ...

Australia 200 – Enjoys Solid Support at 5200

October 9th, 2014 (0)
Australia 200 for Thursday, October 9, 2014 Since the beginning of September the Australia 200 Index has declined strongly from its multi-year high after running into resistance around 5650 back to enter its previously established trading range between 5400 ...

Pimco Loss Is MetWest Gain as New Gross Fund Slow to Win

October 9th, 2014 (0)
Pimco’s pain isn’t Bill Gross’s gain, at least not yet. The Janus Global Unconstrained Fund, managed by Gross, received $66.4 million in September, according to Morningstar Inc., a fraction of the $23.5 billion that left his former fund at ...

Democracy or Idiocracy?

October 9th, 2014 (0)
In Cyprus, we live in a democracy characterised by government by the people and/or their elected representatives: constitutional guarantees, free and fair elections, a parliament of elected members, separation of legislature and the executive, an independent judiciary, and so ...

SFO in court for Alstom bribery case

October 9th, 2014 (0)
The Serious Fraud Office (SFO) has enlisted Three Raymond Buildings’ Simon Farrell QC and Rachel Scott for its court case against French train giant Alstom, which it accused of paying around $8m (£5m) in bribes to officials over a ...

Sanctions force another company out of Russia’s oil boom

October 9th, 2014 (0)
Western sanctions against Russia have led Royal Dutch Shell to discontinue its work with Gazprom Neft extracting shale oil from a field in Siberia. In announcing Shell’s suspension on its website, Gazprom Neft, part of the Kremlin-run gas monopoly ...

Approval of the modified market rules

October 8th, 2014 (0)
The Financial Services and Markets Authority (FSMA) has announced that the modified market rules of the regulated markets organized by Euronext NV/SA (namely Euronext Brussels and the Euronext Brussels Derivative Instruments Market) were approved  on 22 September 2014 in ...

HSBC boss Alan Thomson quits and bankers mutiny over jail threat

October 8th, 2014 (0)
Top bankers are quitting the industry in protest at new rules which mean senior staff in failed banks could face jail unless they prove themselves innocent, with one HSBC boss leaving and another threatening to go yesterday. Their actions ...
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