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Bank of International Settlement: Cryptocurrencies Are Like Tamagotchis

Posted on18 Jun 2018
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Cryptocurrencies Are Like Tamagotchis The Bank of International Settlements published a report yesterday warning that cryptocurrencies can’t be scaled, and so the likelihood of one completely breaking down grows along with the number of people using it.

What really happened with Trump & Trudeau?

Posted on12 Jun 2018
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What really happened with Trump & Trudeau? French President Emmanuel Macron has been the first G7 leader to hit back at Donald Trump, after the US president dramatically withdrew his support for a joint communiqué agreed at the group’s recent summit in Canada and attacked its host.

Merkel Slaps Bankers as Italy Jogs Memory of Finance Crisis

Posted on29 May 2018
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Merkel Slaps Bankers as Italy Jogs Memory of Finance Crisis German Chancellor Angela Merkel criticized bankers who “walked off” with money during the financial crisis and suggested they share the blame for populism that’s roiling politics in countries such as Italy.

Will a capital increase mean a greater global role for the World Bank?

Posted on15 May 2018
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Will a capital increase mean a greater global role for the World Bank? During the International Monetary Fund and World Bank Spring Meetings in April, the joint ministerial-level Development Committee reached an agreement on a proposal for a significant capital increase to be approved by the World ...

U.S. defends tough trade stance at global finance meeting

Posted on01 May 2018
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U.S. defends tough trade stance at global finance meeting WASHINGTON — The United States is resisting pressure to back off President Donald Trump’s tough America First trade policy at a meeting of global finance leaders worried about the threat of a damaging trade war.

The G7 is upset about North Korea laundering money. It only has itself to blame

Posted on24 Apr 2018
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The G7 is upset about North Korea laundering money The West’s most powerful countries are decidedly unhappy with North Korea using the offshore world to avoid sanctions—and they have a terse statement to prove it.

Berlin finance board reduces capital, adds bonding for field

Posted on16 Mar 2018
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Berlin finance board reduces capital, adds bonding for field BERLIN – Several capital item requests for the town and school board were approved by the Board of Finance at a recent budget meeting in the amount of $2.3 million with the addition of $900,000 in bonding to include the replacement of the ...

Tax Impacts: For Better Or Worse?

Posted on14 Mar 2018
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Tax Impacts: For Better Or Worse? “America is open for business,” President Donald Trump proclaimed at Davos earlier this year. Thanks to a massive corporate tax cut and relentless deregulation, the president asserted, “there has never been a better time to hire, to build, to invest and to grow in ...

India bets on new financial centre to challenge Singapore

Posted on06 Mar 2018
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India bets on new financial centre to challenge Singapore On a quiet expanse of scrubland in India’s western state of Gujarat, dotted with a few glass-fronted office towers and others under construction, GIFT City does not look like a buzzing hub of international finance.

A unified regulator for International Financial Services Centres

Posted on20 Feb 2018
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A unified regulator for International Financial Services Centres The Union Finance Minister Arun Jaitley on Thursday announced setting up of a Unified Regulator for International Financial Services Centre (IFSC) in India. The announcement is set to benefit the Country’s first IFSC set up at Gujarat ...

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