All posts by Credence

The Global economic slowdown and ma...


The Chinese economy Slowdown: The Chinese currency has devalued, which has led investors concerned about further devaluing of the currency, despite the People’s Bank of China’s assurance that there is no basis for sustained yuan depreciation. The manufacturing activity in China has also reduced at its fastest rate in more than 6 years. Economic indicators … Continue reading The Global economic slowdown and market volatility

European Commission drops Guernsey ...


After a meeting held in Brussels between the European Union officials, the European Commission issued a blacklist naming 30 non-cooperative jurisdictions. The commission has removed Guernsey from the blacklist and has endorsed Guernsey as a ‘cooperative jurisdiction’. Jonathan Le Tocq, Guernsey’s chief minister welcomed the news and said; “This recognizes not only Guernsey’s adherence to … Continue reading European Commission drops Guernsey from EU tax blacklist

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