Finance & Economics | WPN World People News

The European Parliament’s Brexit Steering Group (BSG) has been briefed on the negotiations that have taken place over the last two weeks with the UK Government. The BSG also took note of the statement of the EU Chief Negotiator at the conclusion of last Friday’s General Affairs Council as well as statements made by members of the UK Government last weekend.

The European Investment Bank (EIB) granted a EUR 50 million loan to a subsidiary of Greenalia S.A. to finance a new biomass-fired power plant being built in the La Coruña municipalities of Curtis and Teixeiro on a 103 000 m² publicly owned site.

The Internal Revenue Service announced its Office of Professional Responsibility (OPR) censured a tax practitioner for violating conflict of interest rules under Circular 230 on Jul 25, 2018.

“The Philippine economy is performing well. Real GDP grew 6.7 percent in 2017 and the team projects that this rate will be sustained in 2018 and 2019, underpinned by strong consumption and investment, including public investment.

On July 9, 2018, the Executive Board of the International Monetary Fund (IMF) concluded the Article IV consultation with Peru.

Peru has been one of the top performers in Latin America since the turn of the century. Robust growth has helped close the income gap with the largest regional economies and reduce poverty significantly, while inflation has remained low.

On July 13, 2018, the Executive Board of the International Monetary Fund (IMF) concluded the Article IV consultation with Grenada.

The Grenadian economy grew by an estimated 4½ percent in 2017, driven by strong activity in construction, tourism, and education sectors. Weather-related weakness in agriculture has, however, been a headwind.

National Taxpayers Union is deeply concerned about the announcement that President Trump plans to use Section 32 of the Agricultural Adjustment Act Amendment of 1935 to bail out agribusinesses hurt by our growing trade disputes.

Tax professionals wishing to attend the IRS Nationwide Tax Forum in Chicago can save $115 by registering by Aug. 7, according to the Internal Revenue Service.

“The Philippine economy is performing well. Real GDP grew 6.7 percent in 2017 and the team projects that this rate will be sustained in 2018 and 2019, underpinned by strong consumption and investment, including public investment.

President Donald Trump hosts European Commission President Jean-Claude Juncker Wednesday after Trump threatened more tariffs on U.S trading partners.