Search Results for: tax

Why You Should Consider CFD Trading

While daily trading volumes may have declined slightly since the Great Recession, the evolution of the financial marketplace has ensured that even volatile entities such as the foreign exchange remain surprisingly active. This is largely thanks to trading vehicles such as contracts for difference (CFDs), which enables investors to minimise …

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Doctors walk out of national Obamacare implementation meeting

Obamacare

According to live tweets and images sent from ophthalmologist Dr. Kris Held,  nearly all doctors had walked out in protest and disgust of Obamacare  implementation talks at a prominent national health care meeting. Typically,  The American Society of Cataract and Refractive Surgery Government  Relations session is a well attended, formal …

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Pentagon requests $534 billion for 2016, largest ever war budget

Pentagon budget

The White House will be seeking $534 billion from Congress to run the Pentagon in 2016 – its largest budget ever. However, a source told RT that the budget is actually closer to $1 trillion, and has been for several administrations. The Obama administration declared an end to “mindless austerity” …

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Central banks selling off US debt at record pace

Central Banks selling US debt

In March, central banks from around the world dumped $17 billion in American Treasuries. Since the beginning of the year the sell-off has reached $123 billion, which is the quickest pace since 1978. China sold $7.7 billion in US debt in March, lowering its holding by $26.4 billion since last June. Russia …

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HSBC headquarters raided in Argentina

HSBC

Call it “the Mother of the Vultures.” HSBC, the Crown Jewel of the British monarchy’s Opium Wars, then and now, found its Buenos Aires headquarters and two other offices raided Wednesday by agents of Argentina’s AFIP tax bureau, in search of documents for the tax-evasion and money-laundering case opened against …

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New Zealand considers Cyprus-style banking failure solution

new zealand banks ANZ

New Zealand depositors could face a Cyprus-style tax on their bank accounts, as the government is planning to impose a similar strategy on its banks warns the country’s Green Party. New Zealand is facing a similar bank failure to Cyprus, is likely to adopt open bank resolution (OBR), which will …

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Hungary throws out Monsanto and the IMF

Parliament_Building_Budapest_Hungary

I don’t know about you, but I would label my personal knowledge of Hungary as wanting, if not painfully incomplete. It’s not an easy country to come to grips with, not least of all of course because Hungarian doesn’t look like any western language we know with the possible exception …

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Hillary Clinton may still end up in jail for her many crimes

Hillary Clinton jail crime

Hillary Clinton has repeatedly managed to escape from the arms of the law, but it appears that this time the former Democratic presidential nominee may be brought to justice, according to Wall Street analyst Charles Ortel, and it’s not the Clinton email case or her “pay-to-play” scheme. Hillary Clinton may …

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French bank to pay $8.8 billion for violating US sanctions

BNP Paribas

French banking giant BNP Paribas has agreed to plead guilty to two criminal charges of violating US sanctions, and will pay a record-breaking $8.8 billion settlement. Prosecutors allege BNP conducted “long-term, multi-jurisdictional conspiracy.” A lawyer representing the bank appeared in New York state court on Monday to answer for both charges, reports …

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Detroit is bankrupt

Detroit is bankrupt

The city of Detroit has filed for federal bankruptcy, or Chapter 9 protection, which could mean municipal employees are laid off, assets sold and services like trash collection, which have already been cut to the bone, further scaled back. Detroit has become the largest city in American history to file …

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British protesters condemn BBC’s pro-royals bias

British monarchy

The British anti-Monarchy activists have demonstrated outside the BBC headquarters in Bristol, London, to demand the state-run broadcaster stops promoting monarchy. The protesters condemned the pro-royal atmosphere in the BBC carrying placards that read “You’re not the Palace PR Machine”, “Monarchy: a Monstrous Carbuncle on our Democracy” and “Report, Don’t …

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The Economic and Social Effects of Casinos

Various jurisdictions around the world have been trying to gauge the effects of gambling in society for a very long time. It is quite a challenge to try and gather concrete statistics about the industry particularly when it comes to the social effects. This is because some of the effects …

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Bernie Sanders sells out to Wall Street candidate Hillary Clinton

Bernie Sanders endorses Hillary Clinton

On Tuesday, Senator Bernie Sanders gave up his presidential campaign and endorsed former Secretary of State Hillary Clinton. “She must become our next president,” Sanders declared – a direct contradiction with what he has spent the past six months saying. “There is no doubt in my mind that, as we …

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80 richest people have more wealth than poorest 3.5 billion

Davos Switzerland

Billionaires and politicians gathering in Switzerland this week will come under pressure to tackle rising inequality after a study found that – on current trends – by next year, 1% of the world’s population will own more wealth than the other 99%. Ahead of this week’s annual meeting of the World …

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Countries Around The World Are Trying To Reduce Cryptocurrency Access

Cryptocurrency use is growing tremendously around the world. Although Bitcoin gets most of the press, there are a wide range of virtual currencies that are now being bought and sold on a regular basis. Cryptocurrencies offer their users something that traditional transactions do not: privacy. For example, when a user …

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Brexit-proof your savings with a stocks and shares ISA

ISA Brexit

Whether you are for or against it, Brexit poses uncertainty regarding what the effects will be on the UK economy and the wealth of the individual. Will Theresa May continue with her hard Brexit approach if the conservatives win the general election, or will a surprise result mean we go …

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Refinancing a Car Loan with Bad Credit

While it might seem unlikely, the reality is refinancing a car loan with bad credit is doable. Further, there are some real benefits to be derived from doing so. These include securing a more affordable monthly payment, reducing your interest rate and, in some cases, even getting cash back to …

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The global ‘War on Cash’: a country by country guide

Global war on cash country guide

Hang The Bankers readers will be no stranger to the war on cash. However James Corbett from the Corbett Report has made some excellent videos discussing it, conducted interviews about it, written articles examining it and dissected it on the radio. The war has been waged through mainstream propaganda outlets, TV advertisements and even children’s games. We’ve heard cash is dirtied by drug dealing, tarnished …

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