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Russia’s gold reserves approaching record as Moscow is striving to escape from US dollar hegemony

30/07/2018(0)
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 ... Read More
crowdfunding

UK Watchdog proposes changes to rules for crowdfunding platforms

30/07/2018(0)
Following a post-implementation review of its crowdfunding rules, the Financial Conduct Authority (FCA) is opening a consultation on new rules for loan-based crowdfunding platforms. The changes the FCA is ... Read More
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Nestlé lost a 16-year legal fight to dominate the chocolate bar market

30/07/2018(0)
KitKat’s makers have suffered a major setback in its 16-year quest to dominate the market for four-fingered chocolate bars. Nestlé applied to trademark the distinctive trapezoid shape of KitKats ... Read More
emerging currencies

Emerging currency traders are being kept on their toes

30/07/2018(0)
  Emerging-market foreign-exchange traders are being kept on their toes even as their counterparts dealing in developed currencies might be struggling to stay awake amid the lull of the ... Read More
gold bars

Valuing Gold In A World Awash With Dollars

27/07/2018(0)
Summary In this article I point to the pressures on the Fed to moderate monetary policy, but that will only affect the timing of the next cyclical credit crisis. ... Read More
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Will be a corporate tax harmonisation among EU member states?

27/07/2018(2)
French Finance Minister Bruno Le Maire said on Thursday he wanted to get other EU countries to sign up to a Franco-German proposal to harmonise corporate tax rules by ... Read More
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Popular Chinese internet forum launching its own crypto token

27/07/2018(0)
In order to regain its steadily declining user base, Tianya Club, one of the oldest social networking platform has resorted to cryptocurrency by launching its own token called Tianyan ... Read More
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Good news for EU companies exporting to Japan; A new Trade Agreement is signed

27/07/2018(0)
The EU and Japan have signed an Economic Partnership Agreement (EPA) that will remove the majority of the EUR1bn (USD1.2bn) of duties paid annually by EU companies exporting to ... Read More
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European Central Bank released monetary policy decision on interest rates

27/07/2018(0)
At its meeting on July 26, 2018, the Governing Council of the European Central Bank decided that the interest rate on the main refinancing operations and the interest rates on ... Read More
U.S. dollar and euro banknotes are seen in this picture illustration

Trade truce boosts the euro and hurts the US dollar

27/07/2018(0)
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 ... Read More
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