Micro News

Micro News

After holding the third summit with North Korea, South Korean President Moon Jae-in said that North Korean leader Kim Jong-un intends to abandon the missile and nuclear program. It is noted that North Korea intends to focus on economic development if the UN guarantees security. In the case of progress…


The European Union is preparing a strategy for the development of interactions between Europe and Asia, capable of competing with the New Silk Road protecting small states from debts to China that they will be unable to pay. The strategy will be presented to the leaders of the largest states at the summit…


The Inland Revenue Authority of Singapore (IRAS) reported that tax revenue for the city-state increased by 6.8% compared with last year. The IRAS mentioned that the increase in fees was because of economic growth in 2017, which was 3.7%. Due to the growth in the number of real estate transactions, the…


On September 26th 2018, the Minister of Finance of Cyprus, Mr Harris Georgiades and the Deputy Minister of Commerce of China Fu Ziying held a meeting to discuss the development of trade and economic relations between these countries. Georgiades stated that a number of actions were agreed upon including…


The Turkish Ministry of Foreign Affairs reacted strongly against the decision of Cyprus to invite oil companies for the development of a hydrocarbon field on the island’s territory. Turkey stated that the decision of the Greek Cypriot government is further evidence of the inequality of the two sides…


Swiss prosecutors have been banned from attempting to reinstate charges against Mr Rudolf Elmer, the former CEO of Bank Julius Baer's Cayman Islands office. Mr Elmer has been acquitted of leaking client data to the WikiLeaks company after the bank sacked him in 2002, however Zurich Supreme Court claimed…


The Dutch government has released plans to rethink its proposals to cancel the dividend withholding tax in 2020. The announcement comes after Unilever (a UK-Dutch bi-national consumer goods company) reported a shocking announcement that it would not be transferring its head office from the UK to the…


The Spanish Royal Decree-Law 11/2018 has recently come into power in Spain, bringing the arrangements of the Fourth European Union Anti-Money Laundering Directive into effect. Procedures requiring the disclosure of all Beneficial Owners for Spanish private organisations have been in power since Spring…


The Swiss Federal Tax Administration has revealed elements of over two million fiscal records to accomplice countries under global regulations for the automatic exchange of accounting data. It is the first time the nation has ever uncovered financial account data in such amounts, however Switzerland…


Moscow have released an official statement reporting that there are no obstacles for bilateral ties with Cyprus as a result of relations with other countries. In an interview with a Cyprus news agency, Mr Stanislav Osadchiy noted that Moscow considers the issue related to the comments of the ruling leader…



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