The Cum-Ex scandal is one of the largest tax scandals in modern history. It involved a complex and sophisticated scheme used by banks, brokers, and investors to exploit a loophole in the tax code, enabling them to make billions of dollars in profits by trading dividend rights on stocks. The scandal affected multiple countries, including […]
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The United Kingdom’s economy has recently shown signs of recovery, despite facing challenges such as inflation. According to the latest preliminary PMI survey, the UK’s economic activity has reached its strongest level in a year. Furthermore, the GfK consumer confidence index has risen to its highest level since February of 2022. While these indicators are […]
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Summary The European Parliament has approved two new regulations, the Digital Services Act and the Digital Markets Act, which aim to regulate online platforms and limit the power of dominant digital companies. The Digital Services Act updates the 20-year-old E-Commerce Directive and introduces new rules for online platforms, while the Digital Markets Act introduces a […]
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One of the most common mistakes that investors make is trying to catch a falling knife in the stock market. This term is used to describe a sharp and sudden decline in a stock’s price, and it is often accompanied by panic and uncertainty in the market. Investors who try to catch a falling knife […]
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The Wall Street started the day on a positive note, but concerns over a potential recession resurfaced as weak US retail sales data were released. Additionally, a statement from a Fed member, Harker, made it clear that interest rates would need to be raised further, especially if the banking crisis were to stabilize. Despite strong […]
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Fiscal policy refers to the use of government revenue and expenditure policies to regulate the economy. It is one of the most crucial tools that governments have to influence economic activity and promote growth. In general, fiscal policy is used to achieve three primary objectives: to stabilize the economy, to promote economic growth, and to […]
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China’s economy has been demonstrating strong momentum, despite the challenges posed by the global environment, according to Premier Li Qiang. Speaking at the Boao Forum, a high-profile meeting on China’s southern Hainan island, Li pledged to support businesses as the country emerges from strict COVID-19 controls that have negatively impacted GDP. China’s economic growth has […]
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The European Green Deal is an ambitious plan put forward by the European Union (EU) to tackle climate change, foster sustainable growth, and promote social justice. The Green Deal consists of a comprehensive set of policy measures aimed at achieving three overarching goals: no net emissions of greenhouse gases by 2050, economic growth decoupled from […]
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Ready to learn more about Economy? One thing important to understand is the GDP.But what is the GDP? Great question! Gross Domestic Product (GDP) is a measure of the total economic output of a country. It is often used as an indicator of a country’s economic health and is calculated by adding up the value […]
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Virgin Orbit, the satellite launch company backed by British billionaire Richard Branson, is reportedly on the brink of bankruptcy. The company’s valuation has taken a massive hit, falling from nearly $4 billion in 2021 to less than $100 million today. According to CNBC, the company has struggled to generate enough revenue due to its inability […]
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