Time Travel: Chilean Blooper
Living conditions in Latin America are hardly comfortable. The economies of most countries in the region suffer from inflation, which for decades has remained at a high level. But there…

Continue reading →

Counterfeiters prefer larger
The problem of counterfeit money circulating on the territory of Russia, before the Russian law enforcement officers is quite acute. In 2013, the total number of fakes discovered by the…

Continue reading →

Private sector hides money offshore
From 21 to 32 trillion dollars are hiding from taxation in various regions of the world and bank accounts. In total, about 10 million people use offshore accounts to hide…

Continue reading →

can never

Currency forecast: dollar awaits correction

Last week showed that the dollar was growing steadily almost until Friday evening. The Fed unexpectedly optimistic about the prospects for the US economy, and against this background, the euro was somewhat fading, although there were no objective prerequisites for this. It is possible that the dollar will spend the next four trading days in a comfortable correction phase.

Alpari experts noted that on Monday, the US dollar entered the correctional phase after a week-long growth. The response to European macro statistics was weak, although some indicators improved. Business activity decreased in the manufacturing sector of Italy and France, grew in Germany and remained at the level of September in the Eurozone. Continue reading

Ministry of Finance is preparing a new blow to business

The Russian Ministry of Finance proposes to prescribe in the Tax Code the maximum allowable interest rates on corporate loans. Thus, the ministry expects to simplify tax accounting and avoid the situation when companies take such expenses into account when calculating income tax. Amendments may enter into force in 2015.

According to Izvestia, the Ministry of Finance of the Russian Federation is now working on amendments to Art. 269 ​​of the Tax Code, according to which the rules for accounting for expenses on loans will be revised. The Office proposes to prescribe the maximum allowable interest rates on corporate loans, the costs of which can be taken into account when reducing the base for calculating income tax.

The director of the Department of Tax and Customs Tariff Policy of the Ministry of Finance Ilya Trunin explained that these amendments will become a reference point, according to which the rules for accounting for expenses on loans will be revised. Continue reading

Counterfeiters prefer larger

The problem of counterfeit money circulating on the territory of Russia, before the Russian law enforcement officers is quite acute. In 2013, the total number of fakes discovered by the Central Bank of the Russian Federation exceeded 13 thousand units. This figure has decreased compared to the previous year, but the situation is complicated by the increase in the quality of the fakes themselves. Most often last year, five thousandth notes were faked.

According to the Central Bank of Russia, in the fourth quarter of 2013, 13,018 counterfeit five thousandth banknotes and 4454 counterfeit banknotes with a face value of 1,000 rubles were identified. and 1465 fake banknotes with a face value of 500 rubles.

The final indicators say that in 2013, Russian banks identified 71,433 counterfeit banknotes of the Bank of Russia, which is 18.9% less than in 2012 (88,029 banknotes). At the same time, in the fourth quarter of 2013, banks identified 19149 counterfeit banknotes, which is 20.2% less than in the fourth quarter of 2012. Continue reading

Dow Jones. 116 years guarding stock markets
On October 8, 1896, the world first heard the phrase, which today necessarily sounds in thousands of news releases around the world. An index created by renowned journalist Charles Henry…

...

A trifle is an expensive pleasure
The proverb “small spool, yes expensive” is beginning to take on more and more meaning. The production of small money is starting to cost the world so dearly that economically…

...

Is Romney's son betraying his father for an investment?
The son of US presidential candidate Mitt Romney visited Moscow this week, writes The New York Times. One of the candidate’s five sons, Matthew Romney, allegedly was looking for Russian…

...

Gold remains a reliable asset
The market of precious metals after the New Year surprises with its diversity. The search for fallback options for traders and investors leads to a natural increase in gold and…

...