Tag: EU

BUSINESS

Luxembourg — One Of The Richest Nations In The World

GDP per capita: $131,781.72GDP: $84.07 billionPopulation: 632,275Avg. life expectancy at birth: 82.4 years Luxembourg is a small country located between Belgium, France, and Germany. Though it has just over 630,000 residents, it is an economic powerhouse. Today, the country ranks amongst the most important financial centers in the world, although till the early 20th century, its economic fate was intrinsically linked to the […]

NEWS

Diplomatic Crisis: Nicolás Maduro Expels European Union Ambassador

On Wednesday, Venezuela expelled the ambassador of the European Union, Isabel Brilhante, who was given 72 hours to leave the country. The decision is viewed as a form of revenge due to the latest sanctions imposed by the international organization to 19 officials of Nicolás Maduro’s regime.  “We have presented Mrs. Isabel Brilhante, who in recent years was the head […]

NEWS

Barbados And Anguilla Make EU’s Blacklist

Barbados and Anguilla were recently added to the European Union’s list of non-cooperative jurisdictions for tax purposes, while the Cayman Islands was removed. The Council of the European Union says the countries were blacklisted after reviews by Global Forum on Transparency and Exchange of Information for Tax Purposes downgraded their ratings. Barbados was rated non-compliant and Anguilla partially compliant. Barbados […]

POLITICS

Turkey vs. Greece: A New Conflict Escalating In Europe

After the failed military coup in 2016, Recep Tayyip Erdogan has emerged as one of the most powerful politicians Turkey has ever seen. Since Erdogan’s re-election as the President, Turkey has sought to exert his power in parts of the Middle East and Europe. He recently converted the Hagia Sophia, built by the Emperor Justinian I in 537, once the […]

POLITICS

Cayman Islands Gets Blacklisted

The Cayman Islands, a British Overseas Territory, has taken flack from Brussels for its failure to crack down on tax abuse. The country has been named among several other countries that is providing foreign tax havens to companies and individuals. Other countries blacklisted by the EU include Oman, Fiji, and Vanuatu. EU Officials have claimed that the Cayman Islands did […]