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News and Media Centre
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10 May 2012 -
Rajoy Eyes Taxpayer Funds To Shore Up Ailing Banks
Marking a dramatic about-turn, Spain's Prime Minister Mariano Rajoy has confirmed that he is no longer ruling out the idea of using taxpayers' money to support ailing banks in Spain to avert a crisis and to restore confidence.
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09 May 2012 -
S Korea, China, Agree To Trilateral FTA Talks With Japan
With South Korea and China due to begin their negotiations on a bilateral free trade agreement, a trilateral agreement to include Japan will also be under discussion at a prior meeting of the three countries' trade ministers.
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09 May 2012 -
Offshore Merger And Acquisition Activity Rises
A new report from Appleby shows that transaction values for mergers and acquisitions (M&A) in major offshore financial centers rose by 25% in the first quarter of 2012.
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09 May 2012 -
Gibraltar Promotes E-Gaming Specialism In US
The Gibraltar government has sought to improve relations and expand on business opportunities with United States regulators, operators and businesses, with a delegation led by the Rock's Minister with responsibility for gambling, Gilbert Licudi, to the GiGse Totally Gaming conference in San Francisco.
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09 May 2012 -
India To Defer GAAR Implementation
India's Finance Ministry is to push back the implementation of its controversial general anti-avoidance rule for a year and will amend some of its key provisions.
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09 May 2012 -
Juncker Insists Fiscal Compact Not Up For Renegotiation
Luxembourg's Prime Minister and Eurogroup President Jean-Claude Juncker has firmly ruled out the idea of completely renegotiating the fiscal compact, agreed by twenty-five of the twenty-seven European Union member states back in March, and aimed at strengthening budgetary discipline, following the election of François Hollande as the new French President.
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08 May 2012 -
China Introduces CorporateTax Breaks For IT
To encourage innovation in information technology and industrial technical upgrading, China's State Administration of Taxation has announced preferential corporate income taxes for producers of software and integrated circuits.
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08 May 2012 -
WTO Members Ready To Revisit Doha Agenda
World Trade Organisation member states have informally agreed to return to the negotiating table to progress the Doha Agenda at a pace that recognises the present crisis-time challenges for nations globally.
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08 May 2012 -
WTO Members Ready To Revisit Doha Agenda
World Trade Organisation member states have informally agreed to return to the negotiating table to progress the Doha Agenda at a pace that recognises the present crisis-time challenges for nations globally.
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08 May 2012 -
Indonesia Imposes Export Tax, Restrictions On Mineral Ore Exports
The Indonesian government is to place a tax on the export of certain raw minerals, as well as banning their export by mining companies that have not agreed plans for local processing in the country.