France and Germany have joined the UK in rejecting the idea of the EU levying taxes directly.

However, officials in Austria and Belgium have taken a positive view of the EU budget commissioner’s idea.

With its own income the EU would be “fairer”, Belgium’s Budget Minister Melchior Wathelet said.

Earlier, France’s Europe Minister Pierre Lellouche called the EU tax idea “perfectly ill-timed”. He said the EU ought to be planning cutbacks now.

The EU Budget Commissioner, Janusz Lewandowski, told the daily Financial Times Deutschland on Monday that he would present some options next month for direct EU taxes.

He said the burden on national budgets could be eased if the European Commission were able to levy direct taxes.

EU taxes on aviation, financial transactions and CO2 emission permits could be considered, he said. continue reading…

The number of people unemployed in the UK fell by 49,000 to 2.46 million in the three months to June, figures show.

The decline in the jobless total was the biggest drop in three years.

The number of people employed increased by 184,000, the largest quarterly rise since 1989, the Office for National Statistics (ONS) said.

The figures also showed that the claimant count, or those out of work and seeking unemployment benefit, fell by 3,800 in July to 1.46 million.

The rise in the number of those employed was largely the result of an increase in the number of part-time workers of 115,000, taking the total to 7.84 million, the highest figure since comparable records began in 1992, the ONS said. continue reading…

Do you know what Internet Marketing is? An average internet user will answer: “Internet Marketing is a set of special techniques to owners of corporate web-resources to promote their site on the Internet and, thus developing a trademark of their company, to get through the use of networking technology more profits.”

We have a quite common interpretation of the term. Moreover, the interpretation is clearly talking about the fact that a man that uses it has no idea what internet marketing really is. It is known by the specialists of SEOP.com.

Marketing and the Internet

Currently, there is a narrow understanding of marketing among the economists. However, in today’s economic environment the task of management is not only in a consumer demand but the balance of needs of all market participants from a position of general, economic and social interests, becomes the main one. continue reading…

The Australian government has reached a deal with mining companies over controversial tax plans.

Former Prime Minister Kevin Rudd had announced plans for a 40% tax on miners’ profits.

But a compromise agreement negotiated by his successor, Julia Gillard, has now reduced the rate to 30% for coal and iron ore miners.

But petroleum and gas operations will still pay a pre-existing 40% tax rate, the government said.

However that will now cover onshore oil and gas projects as well as the offshore operations previously subject to it.

Smaller iron ore and coal companies, with annual profits below A$50m (£28m; $42m), will not be required to pay the new tax.

The plans are still expected to raise billions of dollars for the government, however. continue reading…

Did you ever dream that your wallet is little and comfortable: a wallet that doesn’t need much place and can always have something inside? Such wallet exists. A thin palm-size wallet that keeps either 40 cents or 70 thousand dollars. It is not interesting to muggers, custom officers or a wife. It gives you discounts to phone calls. And it is impossible to drop money from it. This is an electronic wallet – a plastic card.

A Card is Safer than a Wallet
One of the most significant merits of a plastic card comparing with cash is its safety. It is more risky to go shopping with a few thousands dollars in your pocket than to do the same with o credit cards. Such cards have no any value for a thief.
First, no one can get money from it, if they don’t know your PIN code. And second, your balance will be blocked immediately after you call your bank about a card loss. A stranger can never use it as a wallet.

The Card is More Convenient than a Wallet
E-money has great advantages. You can do without great amounts in your wallet and if you haven’t enough money for making payment a card is ready to help you. It is also more comfortable to make large purchases with the help of plastic cards.

German Chancellor Angela Merkel and French President Nicolas Sarkozy have renewed calls for a global bank levy and a financial transaction tax.

The two leaders said they would call for the measures in a joint letter to the president of the G20 ahead of a summit later this month.

G20 finance ministers had distanced themselves from bank taxes at a meeting earlier this month.

A bank tax would protect taxpayers from having to bail-out banks in the future.

Proceeds from the taxes would go into a fund that could be accessed during any future financial crises.

A number of countries have been calling for taxes on banks since governments spent billions of dollars bailing out banks across the world following the financial crisis that began in 2008.

However, so far there has been no agreement. continue reading…

Shares in Europe and Asia fell on Wednesday after a surprise move by Germany to ban some types of short-selling of financial products.

Analysts said Berlin’s move had led to uncertainty and had added to fears for Europe’s banks.

Key share indexes in London, Paris, Frankfurt lost between 1.5% and 1.8%. Japan’s Nikkei 225 closed 0.5% lower.

The euro hit another a four-year low against the dollar. It fell to below $1.215 before recovering to $1.222.

Analysts said comments by German chancellor Angela Merkel that the “current crisis” facing the euro was “the biggest test Europe has faced in decades” were doing nothing to help stop the euro’s falls.

Meanwhile oil fell to $68 a barrel, as concern over tighter financial regulation sparked a move away from riskier assets.

Lucrative

The German financial regulator has banned traders in the country from “naked” short-selling of euro-denominated government bonds and of shares in the country’s 10 most important financial institutions.

Short-sellers usually borrow shares, sell them, then buy them back when the stock falls and return them to the lender, keeping the difference in price. continue reading…

Belgian parliament voted for a ban on women wearing veils in public places. If the upper house approved the bill, Belgium becomes the first country in Europe, have adopted laws against wearing Muslim clothing, a fully veiled woman”s face.

As the channel “EuroNews” , the organization Amnesty International condemned the decision. “This bill is grossly violate the human right to freedom of speech and religious freedom. The decision creates a very dangerous precedent for other European countries”, – said the head of the Brussels branch of David Nichols.

Despite to split the acute political crisis in Belgium, the vote in Parliament was almost unanimous – with only two abstentions. continue reading…

Family Kurmanbek Bakiyev busted Kyrgyzstan at least $ 44 million damage the country, according to the local prosecutor general”s office, was deposited by a corruption schemes, money laundering, illegal privatization of enterprises and the raider captures the approximate ex- President of the country.

writes “The View” , the total number of criminal cases filed against supporters of Bakiev, has already exceeded 20, but at the republic”s authorities do not intend to stop, and threatened prosecution of all who has illegally stored weapons.

In particular, we are talking about the realized environment ex-president of corruption schemes, money laundering, illegal privatization and enterprise raider attacks. continue reading…

airspace of Iceland again closed to flights. Do not operate the principal airports of the country. Concentration in the atmosphere of volcanic ash last night again reached dangerous levels. And, yet, on Monday the weather conditions were normal, and the major terminals functioned normally.

As the “News” , volcano behaves unpredictably, and scientists still do not see signs that the eruption will stop. True, they say, natural disaster at the moment has a local character, and European air transportation is not threatened. The European Commission, meanwhile, continue to count the impact of traffic jams. During the crisis have been lifted more than 100 thousand flights. Financial losses exceeded 2.5 billion euros. continue reading…