My Blog

Every sixth shopping in the EU are carried out via the Internet

In the EU, 16% of companies with at least ten employees in 2016 received orders through a website or application, whether individuals, or other companies.

Almost all of these companies sell in their own country, just under half and customers in the EU and just over a quarter and those outside the EU. The share of European companies selling products over the Internet has grown from 12% in 2010 to around 16% in 2014 and since then it has been stable, the European Statistical Office announced.

In Ireland, Sweden and Denmark, a quarter of companies are practicing on the Web, in the Netherlands and Belgium, a fifth in Romania, Bulgaria, Poland, Italy and Latvia.

Almost all companies in the EU trading on the Internet are selling to consumers in their own country and when it comes to cross-border e-sales, there are differences.

Most EU companies that sell via the Internet to customers in other EU countries in 2016 were registered in Cyprus (71%) followed by Austria (69%) and Luxembourg (61%). At least one third or less, in Finland, Romania, Denmark and Sweden.

When it comes to sales outside the EU, only in Cyprus, more than half of companies (62%) are selling via the Internet to non-EU countries, 44% in Malta, and about 40% in Ireland, Portugal, Greece and Austria.

The European Commission is otherwise working on a single digital market where e-commerce between members is going smoothly. This is not the case, and two out of five EU web-based sales companies reported that in 2016 they had difficulties in trading over the Internet, especially due to the cost of delivery and / or language barriers.

Most (59%) of EU companies that receive orders through a website or an application, as they stated, did not have any problems with web sales in other EU member states

webmasterEvery sixth shopping in the EU are carried out via the Internet
read more

Belarus legalized the crypts and exempted all transactions

Belarusian President Alexander Lukashenko signed a liberal law that signals state support to blockchain and crypts.

Under the new law, all transactions and income from crypto currency (including mining) are exempted from paying taxes for the next five years.

Lukashenko thus framed the framework of the so-called “Development of the digital economy” of Belarus. The goal of legislation is to remove bureaucracy that could potentially interfere with the implementation of blochchain, and gives the environment a green light for the exchange of crypts.

In addition, the Belarusian “HTP” – a technological paradise, created by Lukashenko in the style of Silicon Valley, who will have the privilege of attracting funds through the ICO and uses crypts to circulate population transactions.

Lukashenko explained that the main goal is to create the conditions for global IT companies to come to Belarus and open their offices, development centers and create popular digital digital products.

This provision is a legalized crypto currency, public offer of tokens (ICOs) and smart contracts. By this, Belarus legalized transactions in crypto currencies. This could improve the economy of this country as the private sector will attract foreign investors and companies to this former Soviet economy.

webmasterBelarus legalized the crypts and exempted all transactions
read more

Apple per second due to as much as $ 1,444.7

The American giant Apple in one second due to as much as $ 1,444.7 and is located far ahead of all other big companies.

According to the TitleMax report, Alfabet (Gugl) is only 5th with a profit of $ 615.96, while Microsoft in the seventh place earns “only” $ 531.21 per second.

Apple has brought this figure to $ 45.5 billion last year, which is twice as much as another company in this list of JP Morgan Chase, which is $ 782.14 per second, while Volmart, located at the top of Fortune 500 Scores as brand number 1, far behind with a profit of $ 431.43 per second, but still ahead of Intel, which earns $ 326.22 per second.

webmasterApple per second due to as much as $ 1,444.7
read more

Trump and Macron in Brussels: The topic of the discussion Fight Against Terrorism

US President Donald Tramp met today in Brussels with French President Emanuel Macron and said that Macron’s election campaign could be taken as an example.

Tramp said that Macron led an incredible campaign and achieved an incredible victory.

– The world is talking about it – said the president of the United States.

Welcoming Macron at the US Embassy in Brussels, Tramp said that the two had a lot to talk about, including the fight against terrorism and other issues.

Macron said that there is a big agenda before them, which includes, in addition to issues related to the fight against terrorism, and issues related to economy, climate change and energy.

webmasterTrump and Macron in Brussels: The topic of the discussion Fight Against Terrorism
read more

European stock markets grow, Wall street waits for Trump speech

In the afternoon, the London stock index FTSE 100 rose by 0.1 percent to 7.262,40 points, the Frankfurt DAX 30 by 0.1 percent to 11,831.94 points, and Paris KAK 40 by 0.2 percent to 4,854.14 points, the agency Frans pres.

In the US, nearly 15 minutes after the start of trading, the Dau Jones Industrial Average dropped 0.1 percent to 20,826.37 points, expanding the S & P 500 by 0.2 percent to 2,366.31 points, and the Technological Nasdaq by 0.2 percent 5.849,28 points.

Dau Jones and S & P 500 finished trading on a record high on Monday.

On currency exchanges, the euro jumped to $ 1.0603 Tuesday from the previous $ 1.057, the pound fell to $ 1.2438 from $ 1.2440, and the dollar to 112.09 yen from 112.70 yen.

The US president has hinted that he will reveal important news regarding infrastructure policy, which, according to AFP, is fueling hopes of meeting promises from the pre-election campaign.

Traders will also look for details of tax reforms, another Tramp promise, which, as he said earlier this month, would be “phenomenal”.

In Asia, Tokyo’s Nikei index jumped by 0.1 percent, Shanghai by 0.4 percent, and Honoskio dropped by 0.8 percent.

webmasterEuropean stock markets grow, Wall street waits for Trump speech
read more

World stock markets are falling: Only the ruble has strengthened

The value of the Chinese currency has dropped by more than three percent compared to the US dollar as a result of the American election results. For the same reasons, the Mexican pesos fell by about eight percent.

Juan is at $ 101.94 per dollar, while the currency of the southern neighbor of the United States is at its lowest in the past 10 years.

The 13 percent drop pushed the pesos below 20 for one dollar, in panic-selling.

This could force the Mexican authorities to raise interest rates to stabilize the currency in a situation where it is possible for Tramp to meet pre-election promises and really lift the wall to Mexico and disrupt the trade of the two countries.

And in Russia, stocks are rising
Shares on the Moscow Stock Exchange rose to news of the victory of Republican candidate Donald Trump in the US presidential election.

The Russian RTS index, denominated in dollars, jumped 1.2% this morning, while the Micex index, denominated in rubles, strengthened by 1.0%.

Russian Economy Minister Alexei Ulyukayev, however, warned that, in the short term, the exchange rate could fluctuate, but that, in the long run, the ruble will be strengthened, the Russian news agency Interfax reported.

He also said that Russia will do everything in its power to restore trade and economic relations with the United States, Reuters reports, citing Russian media.

webmasterWorld stock markets are falling: Only the ruble has strengthened
read more

Trump called Kim Jong Il a madman with nuclear weapons: China last trump card that can stop him

No comments

US President Donald Tramp, in a phone conversation with his Philippine counterpart Rodrigo Duterte, has called North Korean leader Kim Jong-Una a “nuclear-weapons crazy”.

We must not allow a crazy nuclear weapon to be at liberty. We have enough power, more than he, 20 times more than he – only we do not want to use it, “Tramp said.

In the same conversation, the president of America asked Duterte whether, in his opinion, China has enough control over the North Korean leader.

“Yes, after all, our last trump is China,” Duterte replied.

Tramp then expressed hope that China would solve the problem and warned that “if Beijing does not do so, America will have to.”

Duterte then suggested that Tramp be heard with Chinese leader Si Jinping.

– Get him to count on him. I have good relations with him.

webmasterTrump called Kim Jong Il a madman with nuclear weapons: China last trump card that can stop him
read more

Trump visited the Memorial Center of the victims of the Holocaust: The Unbreakable Spirit of the Jewish People

No comments

US President Donald Tramp said that Yad Vashem, the national monument of Israel’s Holocaust, is a symbol of the “unbreakable spirit” of the Jewish people.

Turning around after a brief ceremony, Tramp said that words could never describe the “fall of” the evil that led to the killing of six million Jews during World War II, AP reports.

Tramp called the Second World War a “darkest hour of history” and said that the only way to prevent the recurrence of agony is not to be silent.

webmasterTrump visited the Memorial Center of the victims of the Holocaust: The Unbreakable Spirit of the Jewish People
read more

Panic on world stock exchanges – a new crash or a transient crisis?

No comments

The world’s stock markets started to panic in a year. The reason, like six months earlier, was a decline in the Chinese stock market, which caused a chain reaction in New York, Berlin, Tokyo. The US and French stock market lost five percent of the value. Wall Street did not record such a fall in the last 119 years – the worst result since 1897.

Economists argue whether it is transient instability or a new wave of the crisis, such as the 2008 one, according to US stockbroker George Soros.

The situation on the stock exchanges is improving, which indicates that the announced crash probably will not happen. But what is the cause of this global instability?

No cooperation
The instability in the world markets indicates that there is no international cooperation and that the G20, an organization designed to find an international response to financial crises and playing the role of an economic regulator, has lost meaning.

The new geopolitical reality requires new institutions, since the forms of global economic management so far proved unsuccessful. China, Russia and other economically important forces determined to break away from American domination have formed BRICS, the Eurasian Union, the Asian Investment Bank, which are changing the world’s economic architecture.

Economic crises are following the world economy from the 1970s to the present, from the 1975 oil crisis, the Asian economic crisis of 1997, the Russian financial crisis in 1998, the collapse of the stock exchanges in 2000, to the latest in 2008.

They are a product of globalization and geopolitical changes that have led to a new relationship of forces in international trade. Oscillations on world stock exchanges are a reflection of the struggle for dominance in the globalized market.

China’s challenge for the United States
China, which has developed into the second world economy, has become a challenge for American domination. Its economy, between market and state control, is part of the world economy, with foreign investors investing in it, among which many come from the West. So when there is a quake on the Chinese market, the whole world is feeling it.

After a decade of economic downturn, thanks to becoming a world-class factory, China is facing a slowdown, a worldwide trend. In order to maintain the competitiveness of the Chinese authorities, they chose the most obvious mechanism – devaluation of the monet, which in August, as well as in early 2016, led to chaos on the world stock exchanges.

The yuan devaluation continued following the International Monetary Fund’s listing of Chinese currency among the international reserve currencies, saying it had met all the criteria to join the US dollar, the euro, the Japanese yen and the British pound.

webmasterPanic on world stock exchanges – a new crash or a transient crisis?
read more