Archives
Where’s the Rule of Law in Global Politics?
April 30th, 2014
The West’s difficulty in dealing with an aggressive Russia demonstrates a broader issue: The world is having a much harder time holding to a common set of rules in the geopolitical realm than in the economic. This raises an ...
USD/JPY unable to breach monthly PP
April 30th, 2014
Pair’s Outlook USD/JPY seems to have once again failed at 102.72/56 (monthly PP and 100-day SMA), thereby calling into question the currency pair’s ability to recover in the long run. Still, being that the key supports remain intact, such ...
EUR/USD plummets from 1.39
April 30th, 2014
Pair’s Outlook As soon as EUR/USD approached 1.39, it was immediately sold off down to the support are around 1.38, which consists of the monthly PP and 55-day SMA. And while this may potentially alleviate the downward pressure due ...
Wall Street’s Top Banks To Keep Lower Profile At Russian Investment Meeting Amid Growing Sanctions
April 30th, 2014
Wall Street’s top firms are walking an increasingly fine line between business as usual and growing political pressure to shun Russia for its annexation of Crimea and meddling in Ukraine, believing that their business ties are more important than ...
UK economy is fast growing
April 30th, 2014
The U.K. now has one of the fastest-growing economies in the developed world. With growth expanding at a 3 percent annual rate as a strong housing market and manufacturing lead the way, the country’s economy is the envy of ...
Russia is preparing its response to additional sanctions by the EU, the U.S. but also Japan
April 29th, 2014
The Japanese government followed the lead of the U.S. and the European Union, or EU, Tuesday by imposing additional sanctions against Russia even as Moscow stated that it has prepared a response to the sanctions and is working on ...
VAT is Set to Change on 1st Jan 2015 – How Will This Affect Your Business?
April 29th, 2014
VAT rules are set to change in 2015, UK businesses and accountants should now begin to prepare says one analyst. What changes will the new rules concerning VAT bring in the new year? It may seem a while away, ...
Restrictive measures directed against certain persons, entities and bodies in view of the situation in Ukraine: CySec
April 29th, 2014
The Cyprus Securities and Exchange Commission (CySec) has issued a circular informing, the Cyprus Investment Firms, the Management Companies and the Administrative Services Companies (‘the Regulated Entities) about the publication in the Official Journal of the European Union of the ...
FCA fines fund manager for investors exposure
April 29th, 2014
The Financial Conduct Authority (FCA), the British regulatory authority, has fined Invesco Asset Management Limited and Invesco Fund Managers Limited (Invesco Perpetual) £18,643,000 for exposing investors to greater levels of risk than they had been led to expect. Between ...
Energy Future Files for Bankruptcy Protection in Delaware
April 29th, 2014
Energy Future Holdings Corp., the Texas power company Henry Kravis and David Bonderman took private in 2007 with Goldman Sachs Group Inc. in the biggest-ever leveraged buyout, filed for bankruptcy after reaching a deal with stakeholders to cut billions ...