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tax news Great Britain finance European Union Europe challenge World Bank United States meeting

Britain launches legal challenge to EU finance tax The British government has launched a legal challenge against plans for a European financial transactions tax to be adopted by 11 EU states.

21 April 2013

G20 pledge 'ambitious' steps to spur growth, jobs The Group of 20 economic powers pledged "ambitious" steps Friday to spur growth and job creation to get the crisis-scarred global economy back on track.

20 April 2013

Weak global economy key worry as IMF, World Bank meet Advanced and developing countries alike voiced worries over fragile global growth, eurozone stagnation and the swamp of excess monetary liquidity as the IMF and World Bank spring meetings kicked off.

19 April 2013

NGO slams IMF's 'double standard' on austerity Jubilee USA Network, a debt-relief organization, on Thursday criticized the International Monetary Fund for using a "double standard" in prescribing austerity measures to troubled economies.

19 April 2013

KazAgroFinance improves leasing of agricultural equipment Kazakhstan's KazAgroFinance has lowered interest rate on agricultural vehicles leasing from 12.8 to 5.8 percent.

18 April 2013

Financial police holds international seminar on countering corruption The international seminar called Experience exchange in development and effective implementation of measures/strategies for prevention of corruption is held in Astana on April 16-18, 2013.

16 April 2013

S. Korea proposes $17.3 bn extra budget for 2013 South Korea proposed Tuesday a 17.3 trillion won ($15.4 billion) supplementary budget to help boost the economy, including further spending on defence at a time of heightened tensions with the North.

16 April 2013

Kazakhstan millionaire Kenes Rakishev among Top 10 world's private investors of 2012 Kazakhstan’s Kenes Rakishev who invested millions of dollars in foreign projects joined the club of the Top-10 private investors of 2012.

16 April 2013

Kazakhstan economy growth to exceed Russia 2.5-fold in 2013 Kazakhstan will achieve the target value of the economy growth set at 6 percent by the end of the year: official.

16 April 2013

TENGRI LIFE

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EU finance ministers tackle tax-fraud European Union finance ministers tackle tax fraud and money-laundering as they wrap up two days of talks on Saturday.

13 April 2013

Kazakhstan’s President prohibits use of the National Oil Fund’s assets to finance banks Second-tier banks have a lot of other opportunities and tools to raise money and other reserves to turn to: Nursultan Nazarbayev.

12 April 2013

Euro ministers in bid to finalise Cyprus bailout Eurozone and EU finance ministers meet in Dublin from Friday to finalise the Cyprus bailout and consider extending debt repayment dates for Portugal and Ireland.

12 April 2013

With back against wall, Portugal pushes on with austerity Despite the risk of aggravating the recession and unemployment, Portugal's government is wagering that following the austerity prescribed by its creditors will help it regain market confidence and avoid a second bailout.

10 April 2013

Austerity putting children at risk: UN The UN warned Wednesday that austerity measures are hitting children hard, as it published a ranking of kids' well-being in rich countries topped by northern European countries and showing Britain climbing out of the bottom tier.

10 April 2013

Kazakhstan invested over $1 billion in Cyprus: Marchenko Kazakhstan invested $1.162 billion into Cyprus as of the end of 2012.

09 April 2013

Jamaica pledged $2 billion for restructuring Three key international lenders announced preliminary approval Monday for nearly $2 billion in loans to support a sweeping restructuring program for impoverished Jamaica.

09 April 2013

Swiss banks eager to root out undeclared funds: experts Amid a massive scandal involving France's former budget minister and an undeclared Swiss bank account, Swiss banks are more eager than ever to kick out tax cheats and clear their names.

09 April 2013

Portugal PM announces severe spending cuts Portuguese Prime Minister Pedro Passos Coelho called for severe cuts in public spending after a court rejected a number of austerity measures.

08 April 2013

Britain brings in ban on 'rip-off' surcharges A ban on "rip-off" surcharges imposed on credit card spending came into force in Britain on Saturday, meaning traders must ensure that the extra fees reflect genuine processing costs.

06 April 2013