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…
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 allowed this fixed exchange rate to appreciate by 2.1% each year. In doing this, China eliminates a variable when conducting its…
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 to their rural homes to vote. The concerns about safety played a large part in convincing companies to reduce operations….
MADRID (ViaNews) – 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…
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…
Web Summit CEO, Paddy Cosgrave, is bringing MoneyConf to Dublin. According to a company statement, “Brexit is transforming Dublin as a financial centre” so they’re moving the fintech conference, MoneyConf, back to “hometown Dublin.” “Brexit is transforming Dublin as a financial centre. Major banks, credit card companies and fintech startups have all signed leases in…
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 GFSR (Global Financial Stability Report) is a report by the IMF that’s published twice a year and which draws out the financial ramifications of economic issues highlighted in the IMF’s World…
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…
More rigorous legislation was approved in Portugal to regulate short-term rental properties. From July 1, 2017, properties posted on Airbnb, Booking, Homeaway and other platforms will need to be enrolled on the national tourism register. To be allowed to advertise on such platforms, property owners will have to fill in a required field with the…
Isabel Neves is the president of the Lisbon Business Angels Club (LBAC) and one of the investors in Shark Tank Portugal. We met with her for an interview during the third anniversary of the LBAC, in which another round of startup pitches took place. It was a full house event where angel investors and startups…
