Search Results for: United Kingdom
Introducing brokers to pay civil monetary penalty
September 28th, 2020
The Commodity Futures Trading Commission (CFTC) issued orders filing and settling charges against three registered introducing brokers (IB)—EOX Holdings LLC of Houston, Texas; Futures International LLC of Chicago, Illinois; and OTC Europe LLP of London, United Kingdom—for failure to meet minimum ...
Civil enforcement action filing in $4.75 Million Forex Ponzi Scheme
September 23rd, 2020
The Commodity Futures Trading Commission (CFTC) announced the filing of a civil enforcement action in the United States District Court for the Middle District of Florida against 10 defendants in a multi-level $4.75 million off-exchange foreign currency (forex) Ponzi ...
Individuals and companies charged in $165 million global Binary Options fraud scheme
September 4th, 2020
The Commodity Futures Trading Commission (CFTC) announced on 02 September, 2020 the filing of a civil enforcement action in the U.S. District Court for the Western District of Texas charging six individuals and four companies with operating a fraudulent ...
29% of Europeans can’t afford a week’s holiday
July 29th, 2020
In 2019, 29% of residents of EU Member States aged 16 or over were unable to afford paying for an annual one-week holiday away from home. This share has gradually decreased since 2010, when 39% of Europeans could not ...
U.S. opens new investigations into countries planning digital taxes
June 16th, 2020
The United States is stepping up pressure on other countries over negotiations for a digital services tax, opening new probes into nations planning higher duties on tech giants. The U.S. trade representative announced Tuesday it is investigating Austria, Brazil, ...
Coronavirus may drive change in precarious employment
May 12th, 2020
In 2019, 2.3% of employees in the European Union (EU) aged 20-64 had a precarious job, meaning that their work contract did not exceed three months’ duration. The share of precarious employment, as a percentage of total employment, has ...
VAT exemption thresholds in Europe
April 7th, 2020
Countries around the world have been introducing various fiscal measures to counteract the economic distress caused by COVID-19. One measure—among many others—has been to make changes to Value-Added Taxes (VAT), such as delaying payments, speeding up refunds, or reducing ...
False claim: “free stuff” is funded by these high tax rates in “socialist” EU countries
March 16th, 2020
Multiple accounts on Facebook are circulating an image which makes the claim that high tax rates in European countries are behind “free stuff” advocated for by “socialism”. The image gives a breakdown of income, VAT, and gasoline taxes in ...
EU-US trade in goods: €153 billion surplus in 2019
March 11th, 2020
In 2019, the United States was the largest partner for EU exports of goods (18% of total extra-EU exports) and second largest for EU imports of goods (12% of total extra-EU imports), after China (19%). Looking at the period ...
Can you imagine how much the European households spent on transport?
January 8th, 2020
In 2018, households in the European Union (EU) spent 13.2% of their total consumption expenditure on transport. This represents a total expenditure of over €1.1 trillion, equivalent to 7.2% of the EU’s GDP or €2 220 per EU inhabitant. ...
