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What is the European Union?
The European Union (EU) is a political and economic union of 27 member states located primarily in Europe.EU policies aim to ensure the free movement of people, goods, services, and capital within the internal market.
Due to EU countries having close economic and trade relations, the EU's establishment can effectively prevent wars. The EU has helped foster long periods of economic prosperity, and it's helped keep the region at peace.
In 2012, the EU was awarded the Nobel Peace Prize.
What is Brexit?
Brexit(a portmanteau of "British" and "exit") is the withdrawal of the United Kingdom (UK) from the European Union (EU). Following a UK-wide referendum in June 2016, in which 52% voted in favour of leaving the EU, and 48% voted to remain a member, the UK Government, which was then led by Theresa May, formally notified the EU of the country's intention to withdraw on 29 March 2017, beginning the Brexit process.
Why Britain left the EU?
The appealing part of the EU was that it made it easier for European countries to share in one another's prosperity. But, as with any union, cooperation means weathering downturns together — and that hasn't always been so easy.
For example, the 2008 financial crisis. Many economists agree that the European Central Bank failed to respond effectively, leading to a recession that was much more severe than it needed to be. Unemployment rose, and tax revenue fell. Banks needed bailouts, and debt in a number of EU countries soared.
According to data from the UK Ministry of Finance, the UK paid 18.8 billion pounds to the EU in 2014, equivalent to 361 million pounds a week.
After the financial crisis, worries about immigration, rising right-wing forces, split within the party, etc. Former Conservative Prime Minister Cameron finally promised that if he wins the 2015 election, he will hold a Brexit referendum.
David Cameron to quit after UK votes to leave the EU.
When might Britain actually leave the EU?
UK left the EU on 31 January 2020, but that is not the end of the Brexit story.
That's because the UK is in an 11-month period, known as the transition, that keeps the UK bound to the EU's rules. The transition (sometimes called the implementation period) will end on 31 December 2020.
Top of the to-do list will be a UK-EU free trade deal. This will be essential if the UK wants to be able to continue to trade with the EU with no tariffs, quotas or other barriers after the transition.
Both sides will also need to decide how far the UK is allowed to move away from existing EU regulations.
Aside from trade, many other aspects of the future UK-EU relationship will need to be decided. For example, Law enforcement, data sharing, and security; aviation standards and safety; access to fishing waters; supplies of electricity and gas; licensing and regulation of medicines.
What will happen to the UK after the Brexit?
In terms of economy, the UK, which has withdrawn from the European Union, saves 8 billion pounds (this amount of money is equivalent to 0.5% of the UK's GDP) every year it pays to the EU's finances. After Brexit, immigration policies can also be further tightened to free up more jobs and labor benefits. Finally, Brexit can get rid of the red tape of the EU (about 70% of the laws in the UK are governed by EU laws), for example, no longer implementing the EU's common agricultural policy.
However, after Brexit, tariffs will inevitably increase, and these tariffs will be transferred to commodities. To make better profits, many companies in the UK will rush to run away. For example, Dyson has moved its headquarters from the UK to Singapore. Many established British companies have left the UK because of Brexit. The news that Japanese car company Honda announced that it would close its British plant even shocked Britain.
Besides, the City of London carries 74% of EU foreign exchange transactions, 40% of global Euro transactions, 85% of EU hedge fund assets, and half of EU deposit insurance. After Brexit, London's dominance in the foreign exchange market, including euro transactions, will decline.
The current international order is the best since World War II, but Brexit shows how to make all countries truly unite and help each other, humankind still has a long way to go.
After the Brexit, there will be more influential in the financial market in the future. TOP 1 Markets will keep an eye on it with you.
For more information please download “TOP 1 Markets” at APP store or google play.
Today, Korus and Nafta have been replaced by updated agreements(one not yet ratified) that look much like the originals. South Korea accepted quotas on steel. Mexico and Canada agreed to higher wages, North American content requirements and quotas for autos. Furthermore, the article points out Douglas Irwin, an economist and trade historian at Dartmouth College, calls these results the “status quo with Trumpian tweaks: a little more managed trade sprinkled about for favored industries. It’s not good, but it’s not the destruction of the system.” Mr. Trump’s actions so far affect only 12% of U.S. imports, according to Chad Bown of the Peterson Institute for International Economics. In 1984, 21% of imports were covered by similar restraints, many imposed by Mr. Reagan, such as on cars, steel, motorcycles and clothing. Protectionist instincts go so far in the US, there are strong lobby groups for both protectionist and freetrade in the US.The second reflects a emerging rivalry between the US and China. Undo some of the integration that followed China accession to the WTO. Two questions 1) How far is the US willing to decouple with China 2) Can it persuade allies to join.
The second is going to be difficult because China's economic ties are greater than they were between the Soviets, and China isn't waging an ideological struggle. Trump lacks Reagan commitment to alliance and free trade. The status quo with China is crumbling Dan Sullivan, a Republican senator from Alaska, personifies these broader forces reshaping the U.S. approach to the world. When Mr. Xi visited the U.S. in 2015, Mr. Sullivan urged his colleagues to pay more attention to China’s rise. On the Senate floor, he quoted the political scientist Graham Allison: “War between the U.S. and China is more likely than recognized at the moment.” Last spring, Mr. Sullivan went to China and met officials including Vice President Wang Qishan. They seemed to think tensions with the U.S. will fade after Mr. Trump leaves the scene, Mr. Sullivan recalled. “I just said, ‘You are completely misreading this.’” The mistrust, he told them, is bipartisan, and will outlast Mr. Trump. both Bush II and Obama tried to change dialogue and engagement, but by the end of his term, Obama was questioning the approach. Trump has declared engagement. “We don’t like it when our allies steal our ideas either, but it’s a much less dangerous situation,” said Derek Scissors, a China expert at the American Enterprise Institute whose views align with the administration’s more hawkish officials. “We’re not worried about the war-fighting capability of Japan and Korea because they’re our friends.”The article also points out unlike George Kennan in 1946 who made a case for containing the Soviet Union, the US hasn't explicitly made a case for containing the Soviets, Trump's administration hasn't, because as the the article explains its divided Michael Pillsbury a Hudson Institute scholar close to the Trump team, see 3 scenarios
I guess my prescription, really, is to move back to more of a negotiating kind of a settlement. Return to WTO and what it really was meant to be. Something where you have somebody make a decision but have it not be binding.The US is using financial and legal instruments developed during the Cold War like its extradition treaties (with Canada and Europe), and Section 301. Here is a very good recent article about enforcement commitment that China will make.‘Painful’ enforcement ahead for China if trade war deal is reached with US insisting on unilateral terms
As part of a deal, China is pledging to help level the playing field, including speeding up the timetable for removing foreign-ownership limitations on car ventures and reducing tariffs on imported vehicles to below the current auto tariff of 15%. Beijing would also step up purchases of U.S. goods—a tactic designed to appeal to President Trump, who campaigned on closing the bilateral trade deficit with China. One of the sweeteners would be an $18 billion natural-gas purchase from Cheniere Energy Inc., people familiar with the transaction said.The second part will involve the following.
This question is all the more puzzling because the scope and depth of demands placed on entrants into the formal international trading system have increased substantially since the formal conclusion of the Uruguay Round of trade negotiations in 1994, which expanded the agenda considerably by covering many services, agriculture, intellectual property, and certain aspects of foreign direct investment. Since 1994, the international community has added agreements covering information technology, basic telecommunications services, and financial services. WTO membership now entails liberalization of a much broader range of domestic economic activity, including areas that traditionally have been regarded by most countries as among the most sensitive, than was required of countries entering the WTO’s predecessor organization the GATT.What are the WTO commitments Barshefsky goes on about? When countries join the WTO, particularly those countries that weren't members of GATT and joined after 1997, they have to work toward fulfilling certain commitments. There are 4 key documents when countries make an accession to WTO membership, the working party report, the accession protocol paper, the goods schedule and service schedule.
The terms of China’s protocol of accession to the World Trade Organization reflect the developments just described and more. China’s market access commitments are much more far-reaching than those that governed the accession of countries only a decade ago. And, as a condition for membership, China was required to make protocol commitments that substantially exceed those made by any other member of the World Trade Organization, including those that have joined since 1995. The broader and deeper commitments China has made inevitably will entail substantial short-term economic costs.
According to the survey, 39 percent of the country views China’s growing power as a “critical threat” to Americans. That ranked it only eighth among 12 potential threats listed and placed China well behind the perceived threats from international terrorism (66 percent), North Korea’s nuclear program (59 percent) and Iran’s nuclear program (52 percent). It’s also considerably lower than when the same question was asked during the 1990s, when more than half of those polled listed China as a critical threat. That broadly tracks with a recent poll from the Pew Research Center that found concern about U.S.-China economic issues had decreased since 2012.In looking at how US conducts relations foreign policy with China, we should look at it from the three areas of most concern - economic, national security and ideology. Each sphere has their interest groups, and sometimes groups can occupy two spheres at once. Security experts are concerned with some aspects of China's economic actions like IP theft and industrial policy (China 2025), because they are related to security. In these sphere there are your hawks and dove. And each sphere is dominated by certain interest groups. That is why US policy toward China can often appear contradictory. You have Trump want to reduce the trade deficit, but security experts advocating for restrictions on dual use technology who are buttressed by people who want export restrictions on China, as a way of getting market access.
Trade with China has hurt some American workers. And they have expressed their grievances at the ballot box.What is interesting about Paulson's speech is he spend only one sentence about displaced US workers, and a whole paragraph about US business operating in China. While Kissinger writes books about China, how much does he contribute to both Democrats and the Republicans during the election cycle? China is increasingly makING it more difficult for US companies operating and those exporting products to China.
So while many attribute this shift to the Trump Administration, I do not. What we are now seeing will likely endure for some time within the American policy establishment. China is viewed—by a growing consensus—not just as a strategic challenge to the United States but as a country whose rise has come at America’s expense. In this environment, it would be helpful if the US-China relationship had more advocates. That it does not reflects another failure:
In large part because China has been slow to open its economy since it joined the WTO, the American business community has turned from advocate to skeptic and even opponent of past US policies toward China. American business doesn’t want a tariff war but it does want a more aggressive approach from our government. How can it be that those who know China best, work there, do business there, make money there, and have advocated for productive relations in the past, are among those now arguing for more confrontation? The answer lies in the story of stalled competition policy, and the slow pace of opening, over nearly two decades. This has discouraged and fragmented the American business community. And it has reinforced the negative attitudinal shift among our political and expert classes. In short, even though many American businesses continue to prosper in China, a growing number of firms have given up hope that the playing field will ever be level. Some have accepted the Faustian bargain of maximizing today’s earnings per share while operating under restrictions that jeopardize their future competitiveness. But that doesn’t mean they’re happy about it. Nor does it mean they aren’t acutely aware of the risks — or thinking harder than ever before about how to diversify their risks away from, and beyond, China.
|gifs||For Time Travelers Only - German Fighting Manual from the 1430s||Travelers|
|gaming||What are some good customizable character choices matter single player games for Xbox one?||Xbox|
|explainlikeimfive||ELI5: How could the United States be made to actually pay back our debt?||United|
|nosleep||A new kind of Uber app that I want people to know about - Part 2||Uber|
|videos||This is Why Walmart is Ruining Small Towns in America||Walmart|
|personalfinance||Better savings experience: Discover or Ally?||Discover|
|UpliftingNews||Teen who crashed into BMW finds out why honesty is the best policy||BMW|
|UpliftingNews||Ohio policeman helps girl, 10, with maths homework - BBC News||BBC|
|videos||White Noise Sounds of Frozen Arctic Ocean with Polar Icebreaker Idling - Creating Delta Waves||Delta|
|videos||Joe Rogan Experience #919 - Neil deGrasse Tyson - LIVE||Tyson|
|videos||There's low light photos, then there's better low light photos, then there's awesome low light photos, and THEN there's the Sony α7S II.||Sony|
|mildlyinteresting||These door handles look like Lego lightsabers||Lego|
|dataisbeautiful||Life expectancy to break 90 barrier by 2030 - BBC News||BBC|
|AskReddit||Who here works at Target graveyard shift ? If so how is is ?||Target|
|AskReddit||What is the most underrated city in the United States for a recent college grad, in terms of being not too expensive but has a lot of great opportunities for well paying jobs?||United|
|worldnews||Australia PM takes aim at United Nations for 'one-sided resolutions' to Israeli-Palestinian conflict||United|
|funny||When you misread one little word and think the people at Dove want you to pretend you're Harry Potter...||Dove|
|dataisbeautiful||[The Power of Youtube Marketing||ETRAFFICOC](https://www.reddit.com/dataisbeautiful/comments/5vfwyz/the_power_of_youtube_marketing_etrafficoc/)|
|UpliftingNews||Teen who crashed into BMW finds out why honesty is the best policy||BMW|
|AskReddit||What are your favorite long-form Youtube channels to watch passively?||Youtube|
|pics||Great way to end the day! Orange County, Californ-i-a||Orange|
|AskReddit||If you know with certainty that in ten years Facebook will be passé, what is your best guess as to what happens?|
|explainlikeimfive||ELI5:How does Youtube count the views on a video?||Youtube|
|AskReddit||What would Winston from 1984 think of the ambiguous nature of Hamlet? How would he react at the end of the play?||Winston|
|personalfinance||Leasing a BMW 3 series as a New College Grad||BMW|
|AskReddit||If Reddit users went to war vs Facebook users, who would win?|
|videos||Astrology with Neil deGrasse Tyson & Joe Rogan||Tyson|
|nottheonion||Richmond bar becomes church to avoid ABC ratio law||ABC|
|Documentaries||The Life of Timothy Leary - BBC 2000||BBC|
|explainlikeimfive||ELI5: Why do United States citizens are called Americans while in the rest of America we use a deviation of the country's name?||United|
|news||Sweden probes riot in mainly immigrant Stockholm suburb - BBC News||BBC|
|mildlyinteresting||This McDonald's has a gamecube station!||McDonald's|
|EarthPorn||Found this behind an abandoned Walmart today. 6000x4000||Walmart|
|AskReddit||SeriousPeople from outside the United States, how do you feel about the way your country is portrayed in US films?||United|
|todayilearned||TIL to prove that people can't distinguish Clark Kent from Superman in public, Henry Cavill hung out in Times Square not even wearing glasses. No one recognized him.||Kent|
|funny||Watch these people take acid then attempt to build IKEA furniture||IKEA|
|AskReddit||Moving forward, how can the United States strive toward forming a single, relatively cohesive culture, and stop Balkanising along various politcal, philosophical and socioeconomic lines?||United|
|personalfinance||Started a new contract late last year and get payed through Paypal. Company not sending me 1099 and I was told that Paypal would send me the tax information regarding my income. Didn't reach the transaction minimum for Paypal to send out 1099k.||Paypal|
|explainlikeimfive||ELI5 how the Apple TV remote controls the TVs built-in speakers||Apple|
|Showerthoughts||You aren't being the person who Fred Rogers wanted you to be||Rogers|
|videos||Hilarious video of a man ordering a burnt Subway sandwich.||Subway|
|OldSchoolCool||My mother and Walt Disney July 19, 1955||Walt Disney|
|todayilearned||TIL Mike Tyson began caring for pigeons as a child including throwing his first punch at a bully that killed one of his birds and continued the hobby into his adult life to cope with career failure and the death of his 4 year-old daughter.||Tyson|
|AskReddit||What to do if you fall for the Microsoft Zeus Virus scam?||Microsoft|
|UpliftingNews||Mystery Irish woman gives £50k fiver to charity - BBC News||BBC|
|OldSchoolCool||John Belushi & Chevy Chase 1976||Chase|
|worldnews||Video shows Harrison Ford flying over plane before missed landing||Ford|
|explainlikeimfive||ELI5: In a Parliamentary system, how does this idea of democracy compare and contrast with the framers of the United States Constitutions vision of representative government?||United|
|AskReddit||Why would a thinking person continue to use Facebook in 2017?|
|AskReddit||If you could choose one rock star to become the next president of the United States, who would it be?||United|
|news||Video shows Harrison Ford flying over plane before missed landing||Ford|
|personalfinance||What's the minimum required income and credit score for a Bank of America Better Balance Reward card?||Bank of America|
|pics||Neil deGrasse Tyson in high school wrestling match||Tyson|
|AskReddit||How would the future look now if Microsoft never bought Rare and Nintendo still owned the bulk shares?||Microsoft|
|personalfinance||Debt collectors keep calling about a non existent $600 AT&T debt; I have never used AT&T.||AT&T|
|personalfinance||How much can you make driving for Uber part time?||Uber|
|AskReddit||What kind of responses does the U.S. President receive on Twitter to his highly polarizing online statements?|
|OldSchoolCool||Neil deGrasse Tyson in a high school wrestling match 1976||Tyson|
|Jokes||The Subway I go to uses the metric system.||Subway|
|AskReddit||For those against deportation of illegal aliens in the United States. Why are you againt it?||United|
|AskReddit||Why are you against deportation of illegal aliens in the United States?||United|
|mildlyinteresting||My University's repair company truck has the same color scheme as the adjacent FedEx drop box||FedEx|
|Art||"Key Warden of the eternity Gate" Digital Vector Illustration in Adobe Draw Ipad Pro.||Adobe|
|food||HOMEMADE Orange Chicken with Rice and Broccoli||Orange|
|funny||Apparently McDonald's hides their sauces in the ceiling now.||McDonald's|
|AskReddit||For non-US Redditors, is the United States showing you something that is surprising? Reddit is anti-Trump, obviously. Do you think there are dangers in exposing that our country is so divided?||United|
|worldnews||Ex-Forex Traders in Singapore Get Jail Time for Cheating Banks - Two former currency traders from Deutsche Bank AG and HSBC Holdings Plc were sentenced to jail terms of as long as 15 weeks for cheating the banks by making false trades.||HSBC|
|worldnews||Ex-Forex Traders in Singapore Get Jail Time for Cheating Banks - Two former currency traders from Deutsche Bank AG and HSBC Holdings Plc were sentenced to jail terms of as long as 15 weeks for cheating the banks by making false trades.||Deutsche Bank|
|videos||An Honest KFC ad - 'Strya Cuntz'||KFC|
|funny||When the Facebook comments don't fail you...|
|news||Video of Harrison Ford flying over an airliner emerges video in the article||Ford|
|personalfinance||Best way to pay off two Chase credit cards..||Chase|
|gaming||Bill Gates holding an Xbox controller, a cheeseburger, and a smile.||Xbox|
|todayilearned||TIL Malta was the first to fine €3,000 for each racist Facebook post|
|worldnews||The mystery of the anti-UKIP Twitter machine|
|worldnews||Kim Jong-nam killing: Malaysia seeks North Korea embassy official - BBC News||BBC|
|gifs||Helicopter Falls Rapidly Out of the Sky In Urban Area||Sky|
|AskReddit||What is the best way to spend a £50 Google play voucher?|
|AskReddit||What's the weirdest thing you have found on Google Maps?|
|movies||Awesome Ghost in The Shell poster at the Cinema||Shell|
|philosophy||On the subject of Analytical Philosophy and Continental Philosophy||Continental|
|WritingPrompts||WP Pooping is now a Major League Sport is the United States and you have just begun your journey to win the Championship Pooping Belt||United|
|AskReddit||What are some tips for Sony Vegas editing? Plugins?||Sony|
|movies||Maverick Japanese Director Seijun Suzuki Dies at 93||Suzuki|
|gifs||Footage released by John Wayne Airport in California on Tuesday shows a single-engine plane piloted by Harrison Ford mistakenly flying low over an airliner that was taxiing||Ford|
|news||New TV channel for BBC in Scotland||BBC|
|videos||Bicycle 1 - Ferrari 0||Ferrari|
|videos||High-pitched voice theory - Neanderthal - BBC science||BBC|
|Futurology||The 2018 LC 500 isn't another Toyota dressed for the ball, it's Lexus reborn||Toyota|
|Futurology||The 2018 LC 500 isn't another Toyota dressed for the ball, it's Lexus reborn||Lexus|
|worldnews||UK economy grows faster than thought - BBC News||BBC|
|news||New TV channel for BBC in Scotland -||BBC|
|movies||Review: The Lego Dark Knight Beigns 2017||Lego|
|Music||Green Day - Macy's Day Parade Alternative/Indie||Macy's|
|worldnews||Footage released of Harrison Ford's plane near-miss - BBC News||BBC|
|AskReddit||Facebook users of Reddit, what's the stupidest thing you've ever gotten into a Facebook argument about?|
|videos||Ghost In the Shell 1995 - Chase Scene||Shell|
|videos||Ghost In the Shell 1995 - Chase Scene||Chase|
|worldnews||Man jailed for live-streaming Cardiff court case - BBC News||BBC|
|news||Bull Captured After Leading Police On Chase In Jamaica, Queens Has Died||Chase|
|Jokes||Whenever I see an Xbox 360||Xbox|
|funny||Kublai Khan. If this reaches the front page it will be the top Google search of the top Google search for Kublai Khan.|
|todayilearned||TIL Mike Tyson has coped with negative emotions throughout his life by caring for pigeons. As a child he suffered bullying & depression the first punch he ever threw was at a bully that killed one of his birds & as an adult with his sunk career and death of his 4 year-old daughter.||Tyson|
|funny||Seen at Walmart in OKC........||Walmart|
|Music||Miley Cyrus and Flaming Lips - Lucy In The Sky With Diamonds Psychedelia||Sky|
|AskReddit||People of Walmart that voted for Trump, what do you think of his performance thus far?||Walmart|
|AskReddit||Why are Youtube beauty gurus so much naturally beautiful? Is it a trick or harsh reality?||Youtube|
|EarthPorn||The Barren Spell Continues. Glutton Bridge, England, United Kingdom. By Andrew Mowbray 2048 X 1161.||United|
|pics||Neil deGrasse Tyson at a high school wrestling match||Tyson|
|explainlikeimfive||ELI5: What would the United States look like today if no humans have ever explored the land?||United|
|AskReddit||How often does Google preform a backup on Android?|
|nosleep||It was all because I clicked on a Facebook invitation|
|Jokes||You stole my Microsoft Office and for that you’re going to pay...||Microsoft|
|AskReddit||Breaking News Donald Trump will be the 45th President of the United States. What can we expect from Donald Trump?||United|
|worldnews||Kevin O'Leary: Canada's Donald Trump? - BBC News||BBC|
|movies||Cult Japanese Helmer Seijun Suzuki Dies Tokyo Drifter, Branded to Kill||Suzuki|
|gaming||How cool? Lego Defender Arcade Cabinet.||Lego|
|funny||Only on Facebook 🙄|
|videos||the cast of Sesame Street Google Sesame Street and themselves|
|personalfinance||Incorrect balance in online Chase account..? 30 dollars more than it should be||Chase|
|pics||Has anyone ever noticed that the optical sensor on the old Dell mice is shifted to the LEFT by like, three millimetres? I have. And now I'm angry.||Dell|
|UpliftingNews||Teen in China crashes into BMW and learns why honesty is the best policy||BMW|
|explainlikeimfive||ELI5: Was the United States really protecting Latin America from European colonization with the Monroe Doctrine?||United|
|gadgets||AMD Ryzen pricing: $500 for 8-core 1800X CPU, undercutting Intel by $600||Intel|
|movies||Review: The Lego Dark Knight Begins 2017||Lego|
|worldnews||Sweden’s official Twitter account debunks Donald Trump claims line by line|
|mildlyinteresting||These slices of bread with spreads of varying colors look like a meal from a Michelin star restaurant.||Michelin|
|worldnews||Facebook confusion over fake cancer babies U-turn - BBC News||BBC|
|worldnews||Police appoints first female chief Cressida Dick - BBC News||BBC|
|AskReddit||Microsoft programmers: How does Microsoft spin writing spy software for Windows 10 around the office to make it look like something totally acceptable?||Microsoft|
|explainlikeimfive||ELI5: What causes the Coca-Cola and Liquid Nitrogen bottle rocket to take off "like a rocket"?||Coca-Cola|
|mildlyinteresting||When you Google "vice president of the united states" you still get far more responses for Joe Biden than Mike Pence|
|AskReddit||Reddit, what's your most crazy true Waffle House OR Walmart story?||Walmart|
|WritingPrompts||WP A 2nd American civil war between California and its allies versus the United States.||United|
|worldnews||Green campaigners welcome Coca-Cola U-turn on bottle & can recycling scheme - Environmentalists hail ‘landmark moment’ as world’s biggest soft drinks company agrees to set up pilot scheme in Scotland||Coca-Cola|
|Showerthoughts||Imagine if Facebook and Whatsapp notified you when someone took a screenshot of your conversation.....|
|AskReddit||Serious What is your favorite Twitter account?|
|Showerthoughts||Chuck E. Cheese's are a farm system for kids to become Casino enthusiasts as adults||Casino|
|movies||My partner and I recorded an episode of our podcast reviewing The Lego Batman Movie.||Lego|
|worldnews||Beware! Don't Fall For "Font Wasn't Found" Google Chrome Malware Scam|
|Showerthoughts||With all the tracking Google does, you'd think they'd show me some ads for products I'd actually buy.|
|mildlyinteresting||3 separate photos taken of the finish of my race, stitched together beautifully by Google Photos. The only discernable mistake is the man standing by the water.|
|AskReddit||Serious Drunks of Reddit, what is the perfect Taco Bell order?||Bell|
|photoshopbattles||PsBattle: Bill Gates holding an Xbox controller and cheeseburger||Xbox|
|AskReddit||What are some things that the Liberals and Conservatives in the United States can agree on TODAY?||United|
|sports||[Why it matters that Bills QB Tyrod Taylor reportedly has a clean bill of health||FOX Sports](https://www.reddit.com/sports/comments/5vjiok/why_it_matters_that_bills_qb_tyrod_taylo)|
|funny||How to Pronounce Porsche - Tom School||Porsche|
|videos||Pinocchio's story as told by a Playstation 2 Game...||Playstation|
|todayilearned||TIL in addition to patenting the first practical telephone, Alexander Graham Bell developed a hydrofoil motorboat that broke the world marine speed record.||Bell|
|news||Panda's first flight: FedEx sends Bao Bao to China||FedEx|
|todayilearned||TIL Neil deGrasse Tyson Was an Undefeated Jigh School Wrestling Captain and Wrestled for Harvard||Tyson|
|videos||BEYOND BORDERS - The BMW Motorrad LEGO bike||BMW|
|videos||Every Nike Commercial||Nike|
|AskReddit||People who have lived all over the United States, where are your favorite/least favorite places to live?||United|
|funny||Apparently Victoria's Secret forgot how to photo shop. NSFW||Victoria's Secret|
|movies||in the Lego batman movie they kept calling the Daleks "British robots". did the film makes genuinely not know the daleks aren't technically robots, or is the idea that the kid playing with the lego in the real world doesn't know what they are?||Lego|
|space||Neil DeGrasse Tyson discussing what NASA could be announcing today. Potential atmosphere readings very well explained.||Tyson|
|news||Here's the best argument for Apple buying Netflix||Apple|
|worldnews||Switzerland's ABB hit by $100 million South Korean fraud||ABB|
|worldnews||Switzerland's ABB company hit by $100 million South Korean fraud||ABB|
|nottheonion||McDonald's reengineered the straw and is marketing it like an Apple product.||Apple|
|space||Labour deputy leader 'dabs' during PMQs - BBC News||BBC|
|Showerthoughts||What if Apple had made The Matrix? What would it look like?||Apple|
|funny||This showed up on my Facebook feed|
|todayilearned||TIL Carmel, Indiana has become internationally known for its roundabout network. It now has 100 roundabouts, more than any other city in the United States.||United|
|AskReddit||What is a Youtube channel that you always watch but would never subscribe to?||Youtube|
|AskReddit||Serious Who was actually the worst U.S. president in United States history?||United|
|videos||Neil DeGrasse Tyson tells Joe Rogan that some infinities are bigger than others||Tyson|
|space||Star's seven Earth-sized worlds set record - BBC News||BBC|
|space||Astronomers Discover 7 Earth-Like Planets Orbiting Nearby Star||Discover|
|worldnews||Mexico will not accept new "unilateral" U.S. immigration proposals, and will not hesitate in approaching the United Nations to defend immigrants, the country's Foreign Minister Luis Videgaray said on Wednesday, ahead of a meeting with senior U.S. officials.||United|
|worldnews||Star's seven Earth-sized worlds set record - BBC News||BBC|
|AskReddit||Besides Donald Trump, which meme would you want elected into office as president of the United States?||United|
|AskReddit||In regards to the "Miracle on Ice" anniversary, what are some other amazing underdog stories from other countries victories against the United States?||United|
|gaming||Possibly Sony's best un-official Playstation gaming headphones - The Sony MDR-ZX110NA Overhead Noise Cancelling Headphones.#bargain||Sony|
|gaming||Possibly Sony's best un-official Playstation gaming headphones - The Sony MDR-ZX110NA Overhead Noise Cancelling Headphones.#bargain||Playstation|
|science||Star's seven Earth-sized worlds set record - BBC News||BBC|
|gifs||Harrison Ford landing on a taxiway at SNA||Ford|
|mildlyinteresting||There's a mummified gecko in my tail light. Yes, I have Geico insurance||Geico|
|Music||Frida Amundsen - Nothing Compares 2U Piano Cover After watching the Google Pixel commercial, I had to figure out who this was. Amazing cover.|
|tifu||TIFU by pasting theLegend27 in a Google Doc|
|history||The Untold History of the United States accuracy||United|
|Jokes||Have you noticed that if you Google the phrase, "Lost mediaeval servant boy"...|
|mildlyinteresting||This McDonald's has a hand sanitizer dispenser on the bathroom door handle||McDonald's|
|news||Astronomers Discover 7 Earth-sized Planets Orbiting Nearby Star||Discover|
|photoshopbattles||PsBattle: McDonald's in 1980||McDonald's|
|funny||The all new Suzuki Swfit||Suzuki|
|AskReddit||What are the "hidden gems" of Apple apps?||Apple|
|personalfinance||How to not pay the $95 annual fee on your Chase Sapphire Preferred card year 2+||Chase|
In essence, spread betting is not taxable under UK tax laws, and many UK-based Forex brokers arrange their business around spread betting. This means, profits made by UK traders are essentially tax-free. As a downside, UK traders don’t have the ability to use their trading losses as a basis for tax deductions of other income. Conclusion. Forex traders need to be aware of how tax regulations ... As you’re no doubt aware there are two broad options for being taxed on your forex profits. You could either be a forex trader or a forex investor.For tax purposes the difference is crucial as a forex trader will be subject to income tax, whereas a forex investor will be subject to CGT. This article looks at whether you could be classed as a forex trader if forex profits are your only source ... Compared to the E.U. and the U.S.A., the UK’s tax laws for Forex traders are seen as some of the friendliest in the world. If you bear in mind that about 70% of all retail Forex traders lose money, however, it is easy to understand why HMRC would not want these losses to be offset against income gained from other sources, which explains why they have not moved towards a completely law position. I also have a question about the tax laws in the UK regarding forex. I am a Dutch student resident in the UK. I still hold my Dutch passport, but mostly live in the UK (at least 10 out of 12 months). I will be starting in forex trading somewhere this summer. I was wondering whether or not it is of interest for a student to register as self ... Forex trading tax laws in the UK are in line with rules around other instruments, despite you buying and selling foreign currency. However, if you remain unsure about tax laws surrounding your specific instrument, seek professional tax advice. Tax Tips. Even with all the information at your disposal, day trading and UK tax is still an unsteady tightrope to walk. That’s why you need to act ... The FCA operates an up-to-date register on all authorized UK firms capable of trading forex or providing trading platforms for retail traders to buy and sell forex or contracts for difference (CFDs), binary options and other commodities. The Commodity Futures Trading Commission (CTFC) For the American forex industry, the CTFC independently governs the commodity futures and options markets ... The forex trading tax in the UK is one of the most trader friendly taxation systems. Take into account three aspects: how forex trading activities are treated, the type of instrument traded and how HMRC will record your status. Know your status according to HMRC. How the HMRC treats your trading activity has significant implications for your tax liability. HMRC can classify the traders and ...
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