December 13, 2012
Energy Plans between Israel and Cyprus Israel and Cyprus to be partners in European Energy Plans: Cypriots are one of the few citizens of the world that are paying the most expensive domestic electricity in the European Union. This is due to the low production of natural gas needed to supply the industries and […]…
December 12, 2012
EURO Is it out of Crisis EURO at One Month High: For the last three years, the Eurozone has been struggling with heavy financial crisis, but the impressive and dramatic movement of the Euro in the market sent whispers that the crisis may soon come to an end. But will it the escalating decline […]…
December 11, 2012
China’s Economy on top soon? Chinas Economic Might To Be Worlds No.1 Soon? : There is no doubt about it, the sleeping giant has awakened, and China is expected to hold the world’s largest economy by the year 2017, but will this be enough for it to grab the title of the United States and […]…
December 10, 2012
Bank of England Canadian Mark Carney to Run Bank of England Mark Carney has been hired to run the Bank of England for five years. This is intriguingly weird for the average person, especially after realizing that Carney is not even a Briton to start with. However, it is interesting to know the reason […]…
December 8, 2012
Loan Agreement for Cyprus Approved by Troika Very Favorable Loan Agreement for Cyprus Economy Approved by Troika Cyprus has declared a need for assistance in order to refinance its banks and pay bills for the last months. This is a fact not hidden by the Cypriot government to the world. It has tried its best […]…
December 7, 2012
FATCA FATCA Who is Affected: The US Government has just enacted the Foreign Account Tax Compliance Act (FATCA), which will be implemented beginning January 1, 2013. This was initiated by the US Department of Justice (DOJ) and the US Internal Revenue Service (IRS) to easily identify US persons that have been utilizing offshore accounts […]…
December 6, 2012
MARINE NEWS MARINE NEWS Singapore LNG Bunkering facilities from 2015: The Maritime and Port Authority of Singapore has just announced to the world that it would be providing liquefied natural gas (LNG) as a form of marine fuel beginning the year 2015. This was the news given by Captain Segar in the latest Singapore […]…
December 5, 2012
Tax Crimes Tax Crimes Classified as Laundering Money in Singapore The Money Authority of Singapore (MAS) has made an extra move that wish to deter individuals from engaging in tax crimes by classifying it as a type of money laundering act. In its proposal, tax crimes are to be considered a criminal offence and […]…
