Deutsche Bank again in the middle of the US-EU economic skirmishes

The US government is reacting in many ways against the fine in back taxes of €13 billion which the European Commission imposed on Apple. Firstly, Jack Lew, the American Secretary of the Treasury, accused the EU of grabbing tax incomes which belong to the US. On 31st August he said, “What’s not appropriate is for, […]

WEF Davos 2016 LIVE: The health of capitalism won’t be the only worry for those who head for Davos

The great world fair of the super rich business people, bureaucrats, academics, journalists and powerful politicians starts tomorrow at Davos, in a tiny Alpen valley surrounded by snowy mountain tops radiating the winter sun. It’s the traditional Swiss way of doing business, by guaranteeing everybody that everything will evolve as planned and nothing will disturb […]