The taxes in Israel – VAT, Corporate and income August
The protests that swept Israel’s streets in the past few weeks all revolve in some way the high prices, the lack of service that the people get from its government and the high burden of taxes that Israel’s citizens have to pay.
European Equities Rally on Naked Short-Ban, Data Disappoints
We've had three developments in Europe overnight. Equities were higher after the imposition of a naked short band on financial firms. Fundamental data from the European continent was week with industrial production sliding sharply in June while F
Binary Options Trading in Turbulent Times (8th Aug)
It seems you cannot read a newspaper or turn on the TV in the morning without reading about or seeing some form of financial crisis hitting somewhere in the world. It appears that nowhere is immune with even the USA having their credit rating low
S&P's U.S. Debt Downgrade: Impact on Treasury Yield
Standard & Poor's lowered it long-term debt rating for the U.S. to AA+, while Moody’s and Fitch maintained their ratings. S&P's has affirmed the U.S. A-1+ short-term rating.
S&P Slaps Uncle Sam With Downgrade
Just when investors thought they could finally breathe a sigh of relief from a hectic week in the markets, S&P decided to rain on their parade. It did what no other credit rating agency has ever done before. It downgraded U.S. debt.
Obama Signs Debt Plan to Avoid Default
President Barack Obama signed a debt- limit compromise that prevents a U.S. default on the day the Treasury had warned the nation’s borrowing authority would expire, ending a months-long debate that reinforced partisan divisions over federal spen
U.S. GDP: Another Thorn in the Greenback's Side
Last Friday, the market was treated disappointing news from the U.S. in the form of the Advanced GDP report. According to the data, the U.S. grew only 1.3% during the second quarter of this year, significantly below the 1.7% increase initially ex
US debt ceiling was raised by $2.1 trillion
Following very long deliberations over the weekend, the two parties (Democrats and Republicans) have eventually managed to reach common ground and raise the US debt ceiling which has reached its cap at $14.3 trillion to $16.4 trillion, an increas
The RBA Interest Rate Decision: Why You Should Care
About 40 hours from now, the Reserve Bank of Australia (RBA) will announce its much-awaited decision on interest rates. Brace yourself folks, as the upcoming release could take the Aussie down in the dumps or soaring across the charts!
The US Debt Ceiling / Crisis Explained
Hope this aids in your understanding of this crucial crisis.
Revisions Mean GDP Not At Pre-Recession Peak
(Dow Jones via eFXnews) Inflation-adjusted GDP had finally recouped the lost ground caused by the recession and financial crisis, the government said earlier this year.But with today's revisions to years worth of economic data, that's no long
All is Well in Middle Earth... Err, New Zealand
The RBNZ may not have delivered a rate hike yesterday, but they did serve up some pretty juicy statements for all to ponder on. Keep yourself in the know by reading this RBNZ rate statement review!


