Author Archives: edspoonhands

Spain assures the clients and businessmen who deposited their finances in Catalonia’s banks, their money is safe

The Spanish Minister of Economy has assured the clients of all Catalan banks and businessmen from the region their savings are safe amid the crisis from Catalonia, in which the region is struggling to declare its independence from Spain by the end of this week, reports Reuters. “Catalan banks are Spanish banks and European banks,… Read More »

Russian and Ukrainian moguls “buy” European citizenship from Cyprus

A large group of Russian and Ukrainian billionaires, accused of corruption, are among the hundreds of people who have acquired European passports under a “premium” visa system. According to The Guardian, starting with 2013, the Cypriot government would have earned more than four billion dollars by granting citizenship to foreign moguls, thus giving them the… Read More »

Greece, to escape the financial crisis of 8 years

Greece has made another step further in the process of ending the 2009 financial crisis According to the Financial Times, the European Union has confirmed that Athens is no longer in the “hole” of the euro area. The decision was expected for several months and symbolizes the end of the “excessive deficit procedure” that Brussels… Read More »

The financial disaster triggered by the launch of the new iPhone

  The most recent devices launched by Apple were greeted by users with a dose of skepticism, especially by those investors who invested in the Asian supplying industry, writes Bloomberg. Hon Hai Precision Industry, which assembles iPhone and other Apple products, decreased with 10% on the Taipei stock market since Apple launched its new collection… Read More »