Search Results for: tax
Euro Is 0.3% From Two-Year Low Before Greek Ballot; Aussie Gains
December 29th, 2014
The euro traded 0.3 percent from a two-year low as Greece’s prime minister attempts to get his presidential candidate confirmed and avoid an early parliamentary election that risks severing the nation’s international lifeline. Australia’s dollar rose for a fourth ...
Decline and Fall of the Demagogues
December 19th, 2014
This article could have been entitled ‘The Bonfire of the Vanities’ (with apologies to the book’s author Tom Wolfe) as it too is all about ruthless ambition, political sleaze and rampant greed. However, as vanity in others is regarded ...
Statement of the National Bank of Ukraine on the legal status of Bitcoin
December 19th, 2014
Ukraine’s local chapter of the Bitcoin Foundation has spoken out against a recent statement by the central bank concerning the legal status of bitcoin in the country. In a document issued last month, the National Bank of Ukraine (NBU) ...
Yen Weakens Third Day as BOJ Maintains Easing; Aussie, Kiwi Gain
December 19th, 2014
The yen fell for a third day against the dollar as the Bank of Japan maintained unprecedented stimulus that has seen the exchange rate decline for five straight months. Japan’s currency fell at least 0.3 percent versus all 16 ...
Where Are Oil Prices Headed In The Long Run?
December 18th, 2014
Global benchmark crude oil prices have declined sharply this year on slower demand growth and rising supplies. The growth in demand for crude oil has slowed down significantly this year due to moderating economic growth in emerging markets, such ...
UK Government to resume sell-off of its stake in Lloyds Banking Group
December 18th, 2014
The government is to resume the sell-off of its stake in Lloyds Banking Group over the next six months, potentially disposing of a further £3bn worth of shares in the run-up to the general election. Chancellor George Osborne took ...
Who Are the Winners of Russia’s Ruble Meltdown?
December 18th, 2014
The Russian ruble‘s spectacular falls this year have been relentlessly portrayed as bad news. But with the ruble now down some 45 percent against the U.S. dollar since January, are there no winners? Companies that produce in Russia but sell abroad are bound ...
Ultimate owners of companies would have to be listed in central registers in EU countries
December 18th, 2014
The ultimate owners of companies would have to be listed in central registers in EU countries, accessible to people with a “legitimate interest”, such as investigative journalists and other concerned citizens, under a deal struck by Parliament and Council ...
Russian Finance Ministry Starts Selling Foreign Currency in Bid to Strengthen Ruble
December 17th, 2014
The Russian ruble strengthened sharply on Wednesday in volatile trade after the Finance Ministry said it had started selling foreign currency from its leftover stock. The Russian currency has come under heavy selling pressure this week, forcing the Central ...
Chinese Official: Bitcoin Can ‘Co-exist’ with Fiat Currencies
December 16th, 2014
A former vice-governor of China’s central bank, Wu Xiaoling, has said that digital currencies like bitcoin “could co-exist with fiat currencies”. Wu, who is currently a member of National People’s Congress Standing Committee and a vice-chairperson of the Financial ...
