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Snap Shot

EU prepares to tax companies like Amazon, Google as per revenue earning not profit

12 - 09 - 2017

EU Finance Minister has stated 'We should no longer accept that these companies do business in Europe while paying minimal amounts of tax to our treasuries,'. For some time, EC is concerned

Snap Shot

Northern Iraq Administration (Iraqi Kurdish Administration) emphasizez its ambitions explicitily

11 - 09 - 2017

Do you waat Kurdish Region and Kurdistani areas outside the administration of the Region to become an Independent State? That would be the question to be voted on 25 September 2017 in Kurdish

Snap Shot

Uzbek Som lost 48% of its value

06 - 09 - 2017

Uzbekistani Som has lost 48% of its value on 04 September. The announcement followed by another announcement that country will not be tied with US Dollar. We believe that country intends to target the

Snap Shot

Resolution of arbitration cases shows Arbil's financial strength

02 - 09 - 2017

Arbil has resoluted longstanding arbitration cases with energy firms to 2,3 billion USD. With this agreement, Erbil agrees to pay 1 billion USD to companies immediately. Where as remaining 1,3 billion

Snap Shot

Turkish - German relations are on tension

02 - 09 - 2017

Including 2 reporters arrested on 31/08/2017 in Antalya airport in relation to July 2016 coup attempt in Turkey, the number of German citizens arrested tolled up to 12 in relation to coup attempt.

Snap Shot

IMF revised up the global growth projections

31 - 08 - 2017

IMF has revised up the global growth for 2017 and 2018 projections. The last published source emhapsizes that growth in European Area, Japan and China will be increasing during 2017 and 2018 which