Eunice Montjoy – Page 6

Topman EU Support Fund: International Interest In The Euro Is Growing

4Oct

By Eunice MontjoyNo Comments

Topman EU Support Fund: International Interest In The Euro Is Growing

Topman EU support Fund: International interest in the Euro is Growing. According to Klaus Regling, CEO of the ESM European support fund, international interest in the euro is increasing. Mainly in Asia, the European single currency is increasingly being used by trade strains between China and the United States. Regling stated that after the monthly meeting of the finance ministers of the euro countries (Eurogroup). They addressed the role of the euro in the world economy. "Less than twenty years after the euro was created, it is the second most used currency in the world," declared Eurogroup chairman Mario Centeno. Last month, European Commission President Jean-Claude Juncker debated for strengthening the international role of the euro. "It is ridiculous that European compa...

Premier May Warns Dissidents In Their Party For ‘No Deal Brexit’

17Sep

By Eunice MontjoyNo Comments

International, Local, News

Premier May Warns Dissidents In Their Party For ‘No Deal Brexit’

Premier May warns Dissidents in their Party for 'no deal Brexit'. British Prime Minister Theresa May has warned her fellow party members that the alternative to her Brexit plans is a British exit without appointments. The departure of the United Kingdom (UK) from the EU must take place on 29 March 2019, but there is no exit agreement with the European bloc yet. An influential group of dissidents from the Conservative Party has warned to fight May in the House of Commons while attempting to make agreements with the EU. It is still to know whether the Prime Minister can recruit the 320 votes she needs to get her plans to make it happen. "In that case, the alternative is that there is no appointment," May said in an interview. The group consists of parliamentarians who are in fav...

Argentina Presents A Plan To Eliminate A Budget Deficit

5Sep

By Eunice MontjoyNo Comments

Argentina, News

Argentina Presents A Plan To Eliminate A Budget Deficit

Argentina presents a Plan to Eliminate a budget Deficit. Argentina has given plans to eradicate government budget shortfalls next year completely. With this, the government seeks to resolve the crisis around the Argentine peso. The Argentinian Minister for Economic Affairs, Nicolas Dujovne, proposed to raise the taxes on exports on Monday. In earlier plans, the government would still have a deficit of 1.3 percent of the gross domestic product in 2019. Last week, the peso ended up in a free fall. In one day the currency dropped 15 percent in value. Since the start of this year, the peso has decreased 52 percent against the dollar. We know it's a bad load The Argentine president Mauricio Macri puts on the fines. "We believed with too much optimism that we could resolve the prob...

27Aug

By Eunice MontjoyNo Comments

Business, Germany, News

Tesla Drops On German Stock Exchange

Tesla Drops on German stock exchange after 180 Degrees turn over Stock exchange Exit. Tesla went down considerably on Monday morning at the German trade fair Tradegate. The share stood at around 4 percent value loss around eleven o'clock after the stock exchange of the electric car manufacturer was cancelled this weekend. Topman Elon Musk declared that Tesla will still be listed on the stock exchange. Earlier, he announced via Twitter that he wanted to get his company off the stock for 420 dollars per share. He claimed in that tweet that the financing was already around, on which Tesla shares raised significantly in a short time. Musk came after a dialogue with shareholders about his conclusion to keep Tesla on the stock market. They were gravely concerned about the exit plan...

19Aug

By Eunice MontjoyNo Comments

International, Iran, News

Iran: Enough Resources To Compensate

Iran: Enough resources to Compensate for US economic Sanctions. The Iranian government stated Saturday that it has enough funds to deal with the consequences of the US economic sanctions. The country will compensate any lower income due to the sanctions with extra revenue from the sale of oil and other natural resources. We are in a crucial situation for our economy, but we are not on a dead end. This country has many human and natural resources that we can trust, Iran's Vice President Eshagh Jahangiri mentioned, according to reports. US President Donald Trump broke the nuclear deal earlier this year that was signed with Tehran under his predecessor Obama. Trump wants a better deal with Iran and tries to put the government under stress by instituting sanctions.

10Aug

By Eunice MontjoyNo Comments

Europe, International, News

HEMA Says The Contract With Franchisees

HEMA says the Contract with Franchisees. Retail chain HEMA wants to get rid of the shop owners who are board members of the franchise association Vereniging Vloten, VAB HEMA. The company has declared in a recently sent letter that it will not continue the contracts with these franchises. The franchisees operate 24 stores. HEMA has disagreed with its franchisees for some time, including costs related to online sales. The 96 franchisees, united in the VAB HEMA, hold approximately 40 percent of the HEMA stores in the Netherlands. Last month, the court in Amsterdam still mostly ruled the franchisees in the long-running conflict with the head office about costs for e-commerce. Consultation is only allowed via VAB board The meeting between HEMA and the VAB is at a standstill. HEMA ...

British Minister Sees A Small Chance In Agreement On Conditions Brexit

5Aug

By Eunice MontjoyNo Comments

International, Local, News

British Minister Sees A Small Chance In Agreement On Conditions Brexit

British Minister sees a Small chance in Agreement on Conditions Brexit. The possibility that the Brexit negotiations will result in a deal is less than the likelihood that there will be no agreement about the terms of UK withdrawal from the European Union. That stated the British Minister of International Trade in an interview. "There is a 60 percent probability that no agreement possibly reached," blaming the European Commission for lack of flexibility in the sixteen-month talks. The warnings have recently swelled that a so-called hard Brexit seems inevitable. Prime Minister Theresa May still hopes to reach an agreement before October on trading situations with the EU after the British exit. That would mean that the British and the European Parliament would have the time to d...