EU and Russia push forward on CBDC plans, amid pushback
By Ellesheva Kissin From GBRR Central banks in Russia and the European Union have both moved forward on their ambitions for digital versions of their currencies, as private sector voices increasingly raise concerns about the potential impact of CBDCs on financial…
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The Editor speaks: Was Cayman punished by the EU or was it our own fault?
Just a few weeks after the UK left the European Union they place us (a British Protectorate) on their list of non-cooperative jurisdictions regarding tax issues. We missed passing a crucial piece of legislation before a key deadline by a…
Climate talks: EPP Group stresses need for EU and global action
Some 200 countries are in Madrid for a major United Nations Conference of the Parties (COP) meeting to discuss how to tackle climate change. At the centre of discussions is the Paris Agreement, which sets out a global framework to…
EU to consider tougher tax haven listing
By Francesco Guarascio BRUSSELS (Reuters) – A group of European Union countries is calling for the bloc to cast a wider net when listing tax havens and to consider imposing stricter sanctions for countries facilitating tax avoidance, according to an…
MEPs debate how the EU should react to illegal drilling activities by Turkey
Turkey has been involved in illegal drilling for oil and gas in Cypriot waters for quite some time despite the EU’s repeated calls for it to stop. European Union Member States have decided to set up a mechanism to impose…
MEPs approve system to reinforce EU’s external borders
False documents and identity fraud are often detected at the external borders of the EU. A sharp increase in the fraudulent use of documents in the Schengen area in recent years has led to a European Commission proposal to reinforce…
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EU hosts Venezuela migrant talks as region struggles to cope
By Lorne Cook from Caribbean Life BRUSSELS (AP) — Hundreds of representatives from governments, international agencies and charity groups gathered in Brussels Monday for a “solidarity conference” to drum up support for millions of Venezuelans who have fled the political…
UK: MPs debate bill paving way for 12 December election
MPs are debating Boris Johnson’s call for a general election on 12 December after Labour threw its weight behind a pre-Christmas poll. Jeremy Corbyn said he had changed his mind on a snap election after the EU gave the UK…
EU should raise pressure on Turkey over Syria offensive
Turkey´s offensive against Kurdish fighters in northern Syria has drawn widespread criticism, after US troops pulled out from the region earlier this month. At the European Parliament, the EPP Group´s Michael Gahler, a member of the Foreign Affairs Committee and…
Brexit: ‘No deal tonight’, UK government source says
From BBC A government source has told the BBC there will be “no deal tonight”, as officials continue to work on the technical details in Brussels. The UK and EU had been hoping to sign off a revised Brexit deal…
