Friday, September 22, 2017
London Eye - How the OECD sees the UK leaving the EU.
April 27 - the OECD published a report analyzing the economic consequences of the United Kingdom exiting the European Union. According to the OECD Policy Paper, the outcome of the referendum to be held on 23 June "would be a major negative shock to the UK economy, with economic fallout in the rest of the OECD, particularly other European countries."...
Theresa May
The International Monetary Fund’s Global Financial Stability report makes the case of how crucial the European Union is to the Uk's Finance industry. The Global Financial Stability Report (GFSR) is a report by the IMF published twice a year which draws out the financial ramifications of economic issues highlighted in the IMF’s World Economic Outlook (WEO). In page 45 of the...
Novo Banco - Image Credit João Ramos
The Banco de Portugal, the institution regulating the Novo Banco sale, was hoping for higher bids, but only got Apollo to raise their offer. According to Banco de Portugal, out of the three contenders, only the American Apollo company increased the bid for the “Novo Banco” buyout. The two other Chinese competitors, Fosun, and Anbang didn’t raise their bids. Novo...
Invest HK Deputy Head of Fintech, Thorsten Terweiden, at Money Conf in Madrid.
Right at the heart of the Money Conf in Madrid we met with Mr. Thorsten Terweiden, the Deputy Head of Fintech for InvestHK. InvestHK is the Hong Kong Special Administrative Region Government department responsible for foreign direct investment. They have set up a dedicated Fintech team in Hong Kong with correspondents in London (Mr. Thorsten Terweiden) and San Francisco. ...
Euro - Image credits Mick Carvalho
This Friday the Eurogroup agreed to the third Greece rescue package of € 86 billion ($ 95.5 billion). The 3-year bailout first tranche of € 26 billion ($ 28.9) will be used to repay debt and recapitalize the banking system. According to the Greek Finance Minister Euclid Tsakalotosthe, a depositors money bail-in is out of the question. The Eurogroup president,...
David Steinberg interview
David A. Steinberg was the speaker of the "50 first data points" talk at the Lisbon Web Summit. The talk was about how to efficiently manage the vast amount of data available to advertisers with the participation of the speakers: Eric Salama, Jonah Goodhart and Kate Kaye. ...
Brett King Via.news interview
Brett King hosts one of the most popular FinTech Radio Show in the world, "Breaking Banks," and founded the New-York based start-up called "Moven" with its concept of a downloadable bank account. Mr. King considers himself a futurist and was named "King of the Disruptors" by Banking Exchange magazine. Brett has advised the White House, the National Economic Council,...
RSI Office in Paris, france.
After many years of a love/hate relationship, millions of French entrepreneurs are on the verge of witnessing a reformed RSI, the social regime of the self-employed. National widespread debate continues about the impact of the RSI reform on economic growth, or what it will mean for the growing communities of French entrepreneurs escaping the “City of Lights” and moving...
Downtown Lisbon - Rossio
According to Portugal's National Statistics Institute, last year's budget deficit fell to 2.1% of GDP, the lowest value since 1974. The European Commission opened the Excessive Deficit Procedures (EDP) on 7 October 2009 for failing to meet the 3% budget deficit limit under EU rules. After 7 years, 7 months and 15 days, on May 22, 2017, the European Commission...
Exploded Samsung note7.
Samsung has halted all Note7 production after new reports of replacement phones getting overheated and having battery problems. All major carriers in the US are now allowing customers to return their phones. After the Samsung's Note7 problems, the company is now turning into the new galaxy S8 with more cutting edge features. It all started in early September with reports of...
Quadranet INC
Crissic Solutions LLC sale to Quadranet INC is now confirmed. The sale was a surprise to most Crissic customers when they saw the official sale confirmation on a popular Internet forum. Crisic Solutions, LLC is a Springfield company specialized in unmanaged VPS (virtual private servers) services. Its owner, Skylar MacMinn, managed to develop the business and amass a fair number...
Interview with Pedro Oliveira founder of Landing Jobs
Landing.jobs is a tech jobs marketplace with a more human approach to recruitment and aiming to increase efficiency between job openings and talent. Video interview with Pedro Oliveira, Founder of Landing.jobs. We met the founders, Pedro Oliveira and José Paiva,...

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Interview

Europe

Rally for hunger striking editor-in-chief of the Vranjske newspaper.

Hospitalized Serbian Journalists Get Unequal Treatment From Government

Serbian journalist Vukasin Obradovic, owner and editor-in-chief of “Vranjske” weekly started a hunger strike on Monday, after he was forced to shut down his newspaper. “Vranjske” is a prominent weekly in Southern Serbia, famous...
Serbia gay parade, 2017.

Belgrade Pride: Serbia Embraces Change as the Country’s Prime Minister Attends Gay Parade For...

Colors, balloons, and cheerful smiles were spotted a few days ago on the streets of Belgrade, as the 4th Pride Parade took place. Marching under the slogan “We want change", the partakers of the...
Nick and Sally Rowe in an interview for "Cristian Concern".

Parents’ Reaction to Gender Fluid Pupil Causes Controversy

An Isle of Wight couple are taking their son’s school to court over a decision to allow another pupil to attend classes dressed as either a boy or a girl. Nick and Sally Rowe, who...
Theresa May.

Theresa May Faces Further Problems After Juncker’s Speech

The UK Prime Minister, Theresa May, is heading into deep water as she faces making two speeches on Brexit which will require very sensitive handling. Firstly, she will speak to the European Union itself in...
Independence square in Kiev, Ukraine.

The growing IT-Sector in Kyiv, Ukraine

For the last decade, the IT industry in Ukraine reached its heyday. Currently, 100 000 IT specialists are employed in Ukraine, and 13 national IT companies were included in the list of TOP-100 best...
EU and UK flag.

Brexit: An Unbiased Analysis

On the 23rd of June 2016, the British public walked down to their local polling stations and cast their vote in a simple question: “Should the United Kingdom remain a member of the European...

Politics

RSI Office in Paris, france.

President Macron Cuddles the Self-Employed

After many years of a love/hate relationship, millions of French entrepreneurs are on the verge of witnessing a reformed RSI, the social regime of the self-employed. National widespread debate continues about the impact of...
From left to right: Branislav Nedimovic, Ana Brnabic, Igor Mirovic. Photo by:mediaportal.vojvodina.gov.rs.

Is Serbian First Female Premier a Disappointment?

Two months ago, newly elected Serbian President Aleksandar Vucic appointed Ana Brnabic to succeed him as Prime Minister. Many were surprised, and some had great expectations. Serbia got its first female PM in post-communist...
Chavista allegedly by Guarimberos.

Understanding Venezuela Today: From US Best Provider to National Threat

On the 18th of August, United States President, Donald Trump, threatened to impose sanctions against several members of President Nicolás Maduro’s office. In 2016, his predecessor, President Barack Obama, had issued an executive order...
Kenyatta wins Kenyan elections.

Wave of uncertainty as President Kenyatta wins heated Kenyan elections

There has been widespread unrest in some parts of Kenya following the announcement of the presidential election results, by the Independent Electoral and Boundaries Commission (IEBC), which essentially granted Uhuru Kenyatta a second term...
Nawaz Sharif

Prime Minister of Pakistan Ousted From Office Based on Corruption Charges

The 18th Prime Minister of Pakistan, Nawaz Sharif, resigned, following a decision from the supreme court disqualifying him from office. Mr. Sharif was just a few months away from becoming the first prime minister...
McCain Health Care vote

McCain’s Dramatic Vote Kills ‘Repeal and Replace’

The floor of the United States Senate is not known for riveting drama. Typically the outcome is already known before Senators vote for any given bill. Recently, with the exception of rare cases, most...

Business

Independence square in Kiev, Ukraine.

The growing IT-Sector in Kyiv, Ukraine

For the last decade, the IT industry in Ukraine reached its heyday. Currently, 100 000 IT specialists are employed in Ukraine, and 13 national IT companies were included in the list of TOP-100 best...
RSI Office in Paris, france.

President Macron Cuddles the Self-Employed

After many years of a love/hate relationship, millions of French entrepreneurs are on the verge of witnessing a reformed RSI, the social regime of the self-employed. National widespread debate continues about the impact of...
Great Hall of the People. Photo by: Thomas Fanghaenel.

Blockchain Loses a Link: What the Chinese Crackdown Means for Cryptocurrencies and ICOs

For years, China has had a famously tight grasp on the value of its currency. In 1994, the Chinese government pegged the yuan to an $8.28 exchange with the US dollar and have since...
Kenya election riots.

Business Slow After Elections in Kenya

This year's elections have been peaceful, but there are claims and counter claims regarding the results. From the day leading up to elections, companies reduced operations or shut down temporarily to allow staff to go...
Brett King Via.news interview

“Does Banking have a Future?” Brett King, CEO of Moven, explains

Brett King hosts one of the most popular FinTech Radio Show in the world, "Breaking Banks," and founded the New-York based start-up called "Moven" with its concept of a downloadable bank account. Mr. King...
Invest HK Deputy Head of Fintech, Thorsten Terweiden, at Money Conf in Madrid.

“We want companies to grow, expand and be successful in Asia via Hong Kong.”...

Right at the heart of the Money Conf in Madrid we met with Mr. Thorsten Terweiden, the Deputy Head of Fintech for InvestHK. InvestHK is the Hong Kong Special Administrative Region Government department responsible for...