Category: Financial News
In Trinidad & Tobago, citizens defend sou-sou savings against pyramid scheme comparisons
With the COVID-19 pandemic has come a worldwide rise in financial fraud. On September 22, the Trinidad and Tobago Police Service (TTPS) arrested nine people and seized at least 21 million Trinidad and […]
Economic boon or diplomatic minefield?
Citizenship-for-purchase programmes, meant to boost ailing tourism economies, are proving to be problematic for some Caribbean countries. The COVID-19 pandemic has dealt the vulnerable, tourism-dependent economies of the Caribbean a heavy blow. […]
Business news / Financial News
Does GDP still stack up?
In a single day in September 2014, the British economy grew by 5%. The reason was not a bullish stock market or a new gas field discovered off the shore of Scotland, but […]
Euro zone economic sentiment hits near 5-year low, but services up
Euro zone economic sentiment plunged in September as trade tensions depressed confidence in industry, official data showed on Friday, although morale improved in services, dispelling concerns of spillover to the bloc’s largest […]
Britain facing most prolonged investment slump in 17 years
As Amazon’s workforce has more than doubled over the past three years, workers at Amazon fulfillment center warehouses in the United States have started organizing and pushing toward fo Brexit uncertainty and a global economic […]
New Guernsey tax legislation: an expert analysis
You may be familiar with Guernsey’s new EU-driven substance regulations. As this is a very important new set of rules, I make no apology for raising the subject again as I strongly believe […]
Financial News / Technologies / Сryptocurrencies
Unlocking the full potential of blockchain
Blockchain is a truly transformative technology with the potential to have a profound impact on how we use the internet and make our online lives safer and simpler. The decentralised nature of […]
Business news / Financial News
The EU’s gateway to the Middle East
Sharjah’s economy has been booming for decades, with a GDP growth rivalling many regional economies. Now, as it continues to diversify its economy, Sharjah is building a growing reputation as a dynamic […]
Financial News / Сryptocurrencies
G20 leaders must embrace cryptocurrency regulation – failure to do so would be negligent
G20 leaders must take decisive steps towards a multilateral cryptocurrency regulatory framework – failure to do so would be negligent. This is the bold message from the CEO of one of the […]
Financial crimes / Financial News
Swedbank suspends Estonian heads in money laundering inquiry
Swedbank has suspended with immediate effect the two most senior executives of its Estonian business, which is being investigated over alleged money laundering. Sweden’s oldest retail bank has already parted ways with […]
UPDATE
What Weibo and Chinese media are saying about TikTok’s pending sale to US companies
Since United States’ President Donald Trump threatened to ban TikTok in the U.S. as long as the social media app remained in the hands of a Chinese company, the app’s parent company ByteDance has […]
UK FinTech Working Together to Combat Financial Crime
Since its launch in 2017, seventeen of the UK’s leading Financial Technology (FinTech) firms have agreed to join the UK FinTech Financial Crime Exchange (FFE). The Exchange, established by FINTRAIL and RUSI enables firms to collaborate […]
Business news / Financial crimes
Danske Bank mired in money laundering scandal
Danske Bank is headquartered in Copenhagen, Denmark. Founded in 1871, it is currently embroiled in the Nordic region’s biggest money laundering scandal. The Bank got distress signals from its branch operations in […]
The elite of the country: Who is behind the creation of closed business clubs in Ukraine?
Personal acquaintances play one of the most critical roles in the business environment. Old and new connections allow an entrepreneur to efficiently maintain his business, enter new markets and develop different sectors. […]
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