Israel and Cyprus to be partners in European Energy Plans

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 […]…

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Is it out of Crisis EURO at One Month High

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 […]…

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Chinas Economic Might To Be Worlds No.1 Soon?

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 […]…

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Canadian Mark Carney to Run Bank of England

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 […]…

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Very Favorable Loan Agreement for Cyprus Economy Approved by Troika

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 […]…

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FATCA Who is Affected

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 […]…

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MARINE NEWS Singapore LNG Bunkering facilities from 2015

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 […]…

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Tax Crimes Classified as Laundering Money in 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 […]…

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