Politics
Poland intends to withdraw its objection to the directive that the EU wants to use to implement a global minimum corporate tax. This raises hopes for adoption of the measure in all 27 EU member states. Unless other member states raise objections, the move will clear the way for an
Global Company
The company proposes to work out the tax parameters of income under service risk agreements (SRA) These agreements exempt foreign investors from the friendly countries of China, India and the UAE from the risk of secondary sanctions.
Deals
That's the name given to what's happening in the cryptocurrency market today by CNBC's Jim Cramer. In his opinion, this is only the "first day" of the market crash. Ironically, Cramer himself managed to sell off his crypto assets "with virtually
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* According to the agency, the European Union plans to publish updated rules for technology companies regarding disinformation content on their digital platforms on June 16. If companies fail to comply with the new provisions of the EU Code, they could face heavy fines.
Politics
Russian banks are ready to adjust the cost of loans after the reduction of the key rate of the Central Bank of Russia, some market participants even did it in advance, without waiting for the decision of the regulator. As for deposit rates, most of the surveyed banks want to
Politics
A decline in Norwegian gas supplies as a result of major field shutdowns for repairs reduced gas injections into Europe's underground gas storage facilities. During the gas day on June 8, the level of reserves in UGS increased by only 0.26 percentage points, which is the lowest
Politics
This change will increase the upper limit of payments for sick leave, maternity benefits by one and a half times, said Vyacheslav Volodin. A single fund will begin to operate on January 1, 2023. Funds, which will be released after the optimization of costs for the maintenance of the apparatus
Politics
Inflation in rich countries is expected to rise considerably, up to 9%. In the Netherlands, for example, inflation will be 9.2% this year. In the UK, prices are projected to rise by 8.8%, twice the December forecast (4.4%). The rate of economic growth is likely to fall.
Politics
The EU authorities will make a final decision on the use of a single charging port for smartphones, digital cameras, tablets, wireless headphones and other headsets, as well as game consoles and portable speakers. Laptops will not be affected by the decision. The idea of using a single standard for
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Kazakh producers decided to rename the oil to "separate" from Russian Urals. As the reasons, the interlocutors of Reuters named the unwillingness to impose sanctions and the desire to facilitate sales. Since June 2022, the following grade name has been applied - KEBCO - Kazakhstan Export Blend Crude
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* According to the paper's interlocutors, Beijing is in a difficult situation because, on the one hand, it wants to help "its most important strategic partner" and, on the other hand, it fears that in response the U.S. and its allies will impose sanctions.
Politics
I do expect to see some cooling of the economy over time," Brainard of the Fed If inflation does not slow down, another 50 basis point hike may be appropriate. The market's estimate of a 50 basis point rate hike in June and July seems to be