Posts Tagged ‘taxes’
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Yen Remains Consolidated; USDJPY Near-Term Outlook

by Christopher Lemieuxon April 22, 2014 4:57 pm GMT
The Bank of Japan (BoJ) still remains hopeful that their extremely lose monetary policy, coupled with the voracious appetite for higher consumer prices, will amount to continued growth. The yen has remained relatively consolidated over the holiday trade, following a very poor trade balance report. The BoJ does not see the need for further asset […]

Abe and Kuroda Talk, Uncertain About More QE

by Christopher Lemieuxon April 15, 2014 4:52 pm GMT
Japanese Prime Minister Shinzo Abe talked with Bank of Japan (BoJ) Governor Haruhiko Kuroda today, but it is uncertain whether or not the BoJ will take further steps to weaken the yen by purchasing additional assets. The two talked about current economic conditions, and it is widely speculated that a more aggressive stance on stimulus […]

The IRS Wants a Bit of the Bitcoin Pie

by Christopher Lemieuxon March 26, 2014 3:58 am GMT
Bitcoin was first gained allure as a crypto-currency that was out of reach of governments and central banks. However, the IS Internal Revenue Service (IRS) wants part of the bitcoin pies after a a near 50-fold appreciation. The US government is looking to treat bitcoin as property for tax purposes while applying rules used for […]

France Is Its Worst Enemy

by Christopher Lemieuxon November 18, 2013 5:17 pm GMT
France was accredited with helping the eurozone out of the longest recession in the union’s history, but it is not peachy inside the second largest European economy. France has been dealt tough second half of the year, and it is likely that these issues will continue to affect the country for the near-term. The unemployment […]