* Sotheby’s to auction Gursky’s “Stock Exchanges” * Sotheby’s London will offer a collection of five iconic depictions of international stock exchanges by Andreas Gursky on June 26. These monumental and dynamic images, with a combined estimate of £2.5-3.4 mln, represent one of the most arresting metaphors for the socioeconomic topography of our age, the
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. By Andrey Dashin It is a common misconception that the key to successful trading is simply a sharp mind and a deep understanding of the industry. Sure enough these qualities are of great significance, but being able to control your feelings when trading is just as fundamental, if not more. The decision making process,
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. By Shavasb Bohdjalian Approved Investment Advisor and CEO of Eurivex Cyprus is facing tough competition from its EU partners in its bid to attract foreign investors with the promise of residency permits for five years for those who purchase property worth at least EUR 300.000 and show proof of at least EUR 30.000 in
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. By Rakis Christoforou BBA, CPA/ABV/CFF, CGMA, ACFE The present economic and financial crisis has created a unique opportunity for the government to proceed with structural changes, including the implementation of the necessary Anticorruption Measures to ensure transparency and good regulation. Suggested Anticorruption Measures 1. Consider the recent suggestions of Transparency International Cyprus for the
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. By Dr. Jim Leontiades Cyprus International Institute of Management After the devastation of WWII, the establishment of the Common Market, later the European Union ushered in an era of hope and unity for Europe. The effort has been a huge success, until recently. The Union became a club which countries were anxious to join.
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. Now that the dust has settled and people have already forgotten the cocky “nothing wrong here” comments in the aftermath of the Moneyval report, perhaps it’s time to sit back and take a good look at how badly we dealt with the whole issue, which, at best can be described as a public relations
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. Marcuard's Market update by GaveKal Research A recent report in the People’s Daily that Beijing city will eliminate all large scale coal boilers within the city center by 2015 is another sign of the shifting winds in global commodity and asset markets. The move is certainly a self-interested one on the part of China’s
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Although the Solvency II regime has yet to be finalised, Moody's Investor Service has outlined its expectation that solvency ratios will ultimately exhibit a more complex volatility under Solvency II than under Solvency I, as both the available capital and the capital requirements of the solvency ratio will change with market conditions. While Moody's acknowledges
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The decline in construction accelerated in March, as the drop in the number of building permits authorised fell by 47% to 428, from 808 in March 2012. The value of these permits declined over the year earlier by 44.4% to EUR 82.4 mln and the total area fell by 41.3% to 87,251 square metres. These
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Retail sales volumes collapsed by a provisional 15% compared with the same month of the previous year in March. Volumes in February fell by a revised 12.1%. Bank were closed for nearly two weeks from March 15 after Eurozone leaders decided to hit all bank deposits, a decision subsequently reversed to hit deposits over EUR
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