Month: August 2016

  • World Out Of Whack: The Shifting Zeitgeist

    Market dislocations occur when financial markets, operating under stressful conditions, experience large widespread asset mispricing. Welcome to this week’s edition of “World Out Of Whack” where every Wednesday Capitalist Exploits take time out of their day to applaud insanity, laugh, poke fun at and present to you absurdity in global financial markets in all it’s glorious insanity.…

  • World Bank and IMF: Where do they stand on progressive and responsible taxation?

    The IMF and the World Bank are increasingly engaged with the challenge of addressing how tax avoidance and evasion affect developing countries. However, their approach needs to go much further to address the role played by multinational enterprises and tax havens in exacerbating inequality and undermining countries’ domestic revenues. The World Bank and the IMF…

  • World Alternative Currencies Report 2016

    Research and Markets has announced the addition of the “Alternative Currencies: Are Cryptocurrencies Readyfor Prime Time?” report to their offering. “Alternative Currencies: Are Cryptocurrencies Ready for Prime Time?” identifies and discusses several of the central concepts underlying cryptocurrencies and their marketplace potential. Bitcoin, easily the most recognizable of the digital currencies has generated a fair…

  • Sun Life Financial to acquire pension business of FWD Hong Kong

    Will strengthen Sun Life Financials’ position in the Hong Kong pension market TORONTO, Aug. 5, 2016 /PRNewswire/ – Sun Life Financial Inc. (TSX: SLF) (NYSE: SLF) announced today that Sun Life Hong Kong Limited (“Sun Life HK”) will acquire the pension business of FWD Life Insurance Company (Bermuda) Limited (“FWD”), consisting of Mandatory Provident Fund…

  • Little Or No Retirement Savings? Here Are 5 Tips That Can Help

    Most Americans know they need to save more for retirement. But most Americans aren’t doing it. Just how bad off are some of them? A study by the U.S. Government Accountability Office found that about half of households 55 and older had no retirement savings at all. Clearly, many Americans could be headed for retirement…

  • Expats: adventurers or foreign retirees?

    Hemingway, as an expat, implied high adventure in a foreign land The first definition of “expatriate” appeared in a French dictionary in the late 1700s and denotes a person who has been banished from his or her native land. This elucidation came just in time for Napoleon’s exile to the island of Elba in 1814;…

  • Greek Government Reports Nearly EU 1 Billion in Tax Evasion Fines, Asset Seizures

    The Government of Greece has opened hundreds of tax evasion cases against citizens suspected of hiding assets outside of country borders, already assessing some EU 810 million in fines from suspected scofflaws, according to Special Financial Prosecutor Panagiotis Athanasiou. The government, which began examining suspected income tax evaders in early 2015, recently ratcheted up efforts…