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Suggested Topics Chancellor George Osborne said an application had been lodged at the European Court of Justice to challenge the decision allowing 11 members of the European Union to press ahead with the plans. The UK has no intention of signing up,
The move, after Moody's downgrade in February, came as Chancellor George Osborne defended the government's austerity plan. Fitch said its downgrade primarily reflected a weaker economic and fiscal outlook. Mr Osborne has said his was the "right plan"
Reuters Apple hopes its iWallet technology will kill off the physical wallet once and for all. We may get a glimpse of the technology whenever Apple decides to release the iPhone 5S this year...Patent and Trademark Office released a new patent
With permission, we're reproducing it here in slightly edited form...I just want your half. -- They Might Be Giants Honest, I'm not going out of my way to make fun of the French. And it should be noted that France is far from alone in its conflicted
We've heard a lot about innovative financing since HIV funding began to flat-line in 2009...A : We began with a levy on plane tickets in 2006 in France and 13 countries...We've also added Chad, and I hope that discussions with Japan are going to
Taxing financial transactions is the latest bad idea to capture politicians' attention in Europe and the United States. Originally proposed as a means of preventing volatility in financial markets, the tax is now popular among politicians in the U.S.
March 10, 2013 Members of Congress are now posting many financial transactions online, as required under a law designed to prevent insider trading by lawmakers and their staffs. Members of Congress are now posting their stock transactions online on a
Cyprus Cyprus' finance minister is ruling out a tax on financial transactions as part of a rescue package for the country, one of the 17 European Union nations that uses the euro. Michalis Sarris said Thursday that cutting spending and raising
Supporters say the tax is a matter of fairness a way to make the financial sector pay its share to offset the bailouts received during the financial crisis and to curb speculation. But it is also emblematic of a broadening debate about how far
Harry Campbell Some say that a financial transaction tax is a cost-free way to kill many a bird with one stone raising revenue, preventing financial crashes and making markets safer. But advocates of this neat idea conveniently ignore the century of