Micro News

Micro News

Switzerland's Federal Council has updated and expanded its lists of countries that it will undertake the automatic exchange of information (AEOI) with regarding bank account information. Switzerland has added 19 more jurisdictions with whom it will exchange data with commencing in 2021. The Swiss Federal…


Certain Russian oil refineries have been producing low quality petroleum and attempting to sell it to Western oil companies in the UK and Europe. The problem has come to a head this week as millions of unused and unwanted barrels of contaminated oil are now stuck in the pipeline from Belarus to Germany,…


The chief operating officer of Facebook and founder of Leanin.org, Sheryl Sandberg had a press conference last week in which she discussed global competitiveness and the implication of breaking-up large US technology firms such as Google and Facebook. Ms Sandberg was interviewed on US television network…


According to the Federal Minister of Germany for Finance Mr Olaf Scholz, discussions with several bodies in the OECD and G20 Forum has been successful in agreeing an international minimum corporate tax standard. The matter will be discussed again at this month's meeting of G20 members, and again at the…


Last month, the Turkish President Recep Tayyip Erdoğan made an announcement regarding an arms trade between Turkey and Russia; which will reportedly go ahead in spite of world condemnation. The S-500 Prometey (Russian: C-500 Прометей) defense systems after Ankara's much debated purchase of the S-400…



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