Boris Johnson, the current British foreign minister, said that since early 2017, it will start the divorce process by the European Union and then Britain will most likely invoke Article 50. In this way the former mayor of London spoke in New York where United Nations Security Council held meeting on Syria perpetuating stalemate.
He told the BBC: "The government is working towards an Article 50 letter which as you know will be produced, probably, in the early part of next year.
Spain moved virtually to Las Vegas, becoming the reference country in the European gambling. The second quarter 2016 data recorded a real boom. In the period April-June the Spanish played online games € 2.73 billion, representing an increase of 2.6% compared to the first quarter of the year and even an increase of 32.8% over the same reference period of 2015. Net sales amounted to 98.8 million euro, up 56.3% on the period April to June 2015. Active player numbers rose by 31.8 percent.
Reform of the tax system in Italy: Equitalia, the agency that collects taxes, will be abolished by the end of year and will be replaced by Equientrate, in essence nothing will change, or better it will be seemingly a renaming. This will be an internal department of the Agency Revenue that will redeem not only the Agency but also claims of other public administrations.
The President of European Commission, Jean Claude Juncker, sends a strong and clear message to the Italian government: enough with the flexibility required because "in the Stability Pact, which must be an agreement of flexibility, have already introduced several elements of flexibility fighting against who you know "and without which elements"this year Italy could have spent 19 billion less".
he German bunds rallied Thursday after the United States Federal Reserve left interest rates unchanged and downgraded the economic outlook, encouraging investors to seek safe-haven assets.
At its two-day meeting, ended on Wednesday, the U.S. central bank held its target range on short-term rates unchanged at 0.25 percent to 0.50 percent, leaving the door open for a possible rate increase in December.
The ECB ensures, in the monthly bulletin, that "Domestic demand remains supported by the pass-through of the monetary policy measures to the real economy". Although it provides for economic growth for next year, it will take place at a gradual pace. "Moderate global growth continued in the first half of 2016. Looking ahead, global growth is expected to recover gradually. Low interest rates, improving labour markets and growing confidence support the outlook for advanced economies, although the uncertainty generated by the referendum in the United Kingdom on EU membership will weigh on demand in that country.
SBB will cut 1,400 jobs over the next four years: the same federal railways have made the announcement in the morning, motivating the measure with the need to reduce costs and increase competitiveness.
Volkswagen will face claims for 8.2 billion euro over Dieselgate. About 1,400 lawsuits have been lodged at the regional court in Braunschweig near VW’s Wolfsburg headquarters, the court said.
The facts date back to last year, when from United States emerged that the Wolfsburg automaker used a software to make up the data on harmful emissions of its cars. Overall about two billion requests come from institutional investors, while the remaining 6.2 billion come from private investors.
For qualified investors / professional clients only
In order to proceed, you must confirm that you are a qualified investor based in Switzerland
The information contained in this section have been compiled or arrived at based upon information obtained from sources believed to be reliable and in good faith, but is not guaranteed as being accurate, nor is it a complete statement or summary of the securities, markets or developments referred to in the document.
Before investing in a product please read the latest prospectus carefully and thoroughly and note that funds mentioned herein may not be eligible for sale in all jurisdictions or to certain categories of investors The information mentioned herein is not intended to be construed as a solicitation or an offer to buy or sell any securities or related financial instruments. Past performance is not a reliable indicator of future results. The performance shown does not take account of any commissions and costs charged when subscribing to and redeeming units. Commissions and costs have a negative impact on performance. If the currency of a financial product or financial service is different from your reference currency, the return can increase or decrease as a result of currency fluctuations. This information pays no regard to the specific or future investment objectives, financial or tax situation or particular needs of any specific recipient. The details and opinions contained in this document are provided without any guarantee or warranty and are for the recipient's personal use and information purposes only