In Germany, scandals tarnish business elite: tax-dodging probe stirs up resentment; the Zumwinkel villa

Article Abstract:

German prosecutors continue their tax-evasion probes of the nation's business elite, with executive Klaus Zumwinkel one of the latest individuals being investigated. The probes have expanded to seven other nations and involve approximately 100 people whose identities have not been revealed.

Legal issues & crime, Germany, Company legal issue, Investigations, Corporations, Tax evasion, Corporate corruption, Zumwinkel, Klaus

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Central Banks Take U.S. cue To Cut Rates Amid Slowdown

Article Abstract:

The U.S. Federal Reserve's decision to cut interest rates is being followed by Central Banks around the world except for the European Central Bank. They agree with the U.S. that the global economy is slowing and inflation cooling down.

European Union, Interest Rates, Inflation (Finance), Observations, Economic indicators, Inflation (Economics)

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Rates May Tarnish IPO Gold Rush

Article Abstract:

IPOs are delaying coming to market and venture capitalists are reevaluating their investments as the Federal Reserve raises interest rates.

Statistical Data Included, Forecasts and trends, Column, Securities, Securities industry, Venture capital

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