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By Marlene Y. Satter, AdvisorOne |
September 24, 2012
Britain’s deputy prime minister called for an increase in taxes on capital gains and on the priciest real estate transactions, saying it was harder for the wealthy to avoid taxes on assets they couldn’t just pick up and move.
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By Marlene Y. Satter, AdvisorOne |
July 9, 2012
Paul Tucker, deputy governor of the Bank of England, was to appear before Parliament to give his version of events described in a memo written by Bob Diamond, former CEO of Barclays.
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By Marlene Y. Satter, AdvisorOne |
June 21, 2012
Despite the formation of a new government in Greece and a rescue for the banking sector in Spain, it looks as if a long, hot summer is in store for the eurozone.
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By Marlene Y. Satter, AdvisorOne |
March 15, 2012
Fitch Ratings has downgraded the outlook for Britain after saying that the nation could lose its AAA rating because of a limited ability to deal with financial shocks.
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By Marlene Y. Satter, AdvisorOne |
September 28, 2011
The European Union proposes that a transaction tax be assessed on financial institutions, the EU announced Wednesday.
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By Marlene Y. Satter, AdvisorOne |
July 25, 2011
Default is in the air. Last week Greek woes threatened to scuttle the euro zone economy; this week, with the U.S. embroiled in a debt-ceiling-vs.-deficit standoff, investors are fleeing other holdings and sinking their funds in safe-haven gold.