Spain considers you a tax resident if you spend more than 183 days in the country, regardless of travel restrictions by COVID19.
Spain considers you a tax resident if you spend more than 183 days in the country, regardless of travel restrictions by COVID19 Spain has announced that all individuals who spend more than 183 days in a given fiscal year will be treated as #residents of the...
Place of effective management (POEM) and individuals residence status in COVID19 time
Place of effective management (POEM) and individuals residence status in COVID19 time and many different issues due to this unprecedented situation is raising many tax issues, especially where there are cross-border elements in the equation OECD Secretariat Analysis...
PORTUGAL TAX change for NHR in pension and royalties
PORTUGAL TAX change for NHR in pension and royalties LOOK at TAX with an eye to #stability and #macro data …to get this you must be professionally assisted and advised for every aspect concerning the relocation of a person, a business or an asset. The value is...TAX your WINE BUBBLES in Europe
TAX your WINE BUBBLES in Europe Look at the Eu Commission DB You’ll find the highest excise taxes on sparkling wine in Ireland, at €6.37 (US $7.08) per standard sized wine bottle (750ml or 20oz). The United Kingdom and Finland are next, at €3.11 ($3.46) and €2.98...
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Tassa patrimoniale e Protezione del Patrimonio ci sono diversi livelli di protezione, tutti #compliant #patrimonio fuori dai confini Italia Assets #finanziari NON presso intermediari finanziari residenti in Italia #veicoli legali non trust o fiduciarie fuori Italia #residenza fiscale NON in Italia ALIQUOTA #PROGRESSIVA in una nuova proposta per l'Italia del 2021 Nel dettaglio, la proposta prevede un prelievo dello 0,2% per i…...
www.maltaway.com/tassa-patrimoniale-e-protezione-del-patrimonio/
Tassa patrimoniale e Protezione del Patrimonio
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Tassa patrimoniale e Protezione del Patrimonio ci sono diversi livelli di protezione, tutti #compliant #Patrimonio fuori dai confini Italia Assets #finanziari NON presso intermediari finanziari res..."the rally in bank debt had a great deal to do with ECB action and government actions, adding that November’s vaccine breakthroughs led to an “outperformance of weaker banks
The worse a bank is, the more disproportionately it benefits from this type of macro event”
Are you #antifragile and #crash proof??? To pick up your #assetallocation and the #jurisdiction of choice, #macroeconomy analysis and #stability matter more than just the #tax rate #maltawayYour assets governance www.maltaway.com independent international advisory #investments #governance #wealthprotection #relocation #expat
www.ft.com/content/43de469f-e47f-41d1-abaa-b0eaefbea181
“the median advanced and emerging-market economy could have lost the equivalent of four to five years of per capita real income growth by 2022” OECD
And in the meantime, the WORSTs disproportionately benefit from this type of macro event with a combination of #debt, #leverage and #pandemic
Are you #antifragile and #crash proof??? To pick up your #assetallocation and the #jurisdiction of choice, #macroeconomy analysis and #stability matter more than just the #tax rate #maltawayYour assets governance www.maltaway.com independent international advisory #investments #governance #wealthprotection #relocation #expat
www.ft.com/content/14331c9a-985e-495f-b411-bebe8945f7da
“the median advanced and emerging-market economy could have lost the equivalent of four to five years of per capita real income growth by 2022” OECD
And in the meantime, the WORSTs disproportionately benefit from this type of macro event with a combination of #debt, #leverage and #pandemic
Are you #antifragile and #crash proof??? To pick up your #assetallocation and the #jurisdiction of choice, #macroeconomy analysis and #stability matter more than just the #tax rate #maltawayYour assets governance www.maltaway.com independent international advisory #investments #governance #wealthprotection #relocation #expat
www.ft.com/content/14331c9a-985e-495f-b411-bebe8945f7da
“the median advanced and emerging-market economy could have lost the equivalent of four to five years of per capita real income growth by 2022” OECD
And in the meantime, the WORSTs disproportionately benefit from this type of macro event with a combination of #debt, #leverage and #pandemic
Are you #antifragile and #crash proof??? To pick up your #assetallocation and the #jurisdiction of choice, #macroeconomy analysis and #stability matter more than just the #tax rate #maltawayYour assets governance www.maltaway.com independent international advisory #investments #governance #wealthprotection #relocation #expat
www.ft.com/content/14331c9a-985e-495f-b411-bebe8945f7da
MALTA: NEW CITIZENSHIP PROGRAM by INVESTMENT CITIZENSHIP Citizenship is a link between the person and the State, connected to the exercise of civil rights (e.g. expression of opinions, association, justice), social rights (e.g. health protection, education, employment, pensions) and political rights (e.g. the possibility to apply or elect representatives). Citizenship can be acquired: for IUS SANGUINIS, by birth from a parent in possession of citizenship (as in Malta and Italy)...
www.maltaway.com/malta-new-citizenship-program-by-investment/
MALTA: NEW CITIZENSHIP PROGRAM by INVESTMENT
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MALTA: NEW CITIZENSHIP PROGRAM by INVESTMENT CITIZENSHIP Citizenship is a link between the person and the State, connected to the exercise of civil rights (e.g. expression of opinions, association,...www.maltaway.com/malta-nuovo-programma-cittadinanza-per-investimento/
MALTA : NUOVO PROGRAMMA CITTADINANZA PER INVESTIMENTO
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MALTA : NUOVO PROGRAMMA CITTADINANZA PER INVESTIMENTO CITTADINANZA La cittadinanza è un legame tra la persona e lo Stato, connessa all’esercizio dei diritti civili (es. di espressione delle...MALTA : NUOVO PROGRAMMA CITTADINANZA PER INVESTIMENTO CITTADINANZA La cittadinanza è un legame tra la persona e lo Stato, connessa all’esercizio dei diritti civili (es. di espressione delle opinioni, di associazione, di giustizia), sociali (es. tutela sanitaria, dell’istruzione, del lavoro, pensioni) e politici (es. possibilità di candidarsi o di eleggere rappresentanti). La cittadinanza si può acquisire: per IUS SANGUINIS (diritto di sangue), per nascita da un genitore in possesso della cittadinanza (come in Italia)...
www.maltaway.com/malta-nuovo-programma-cittadinanza-per-investimento/
MALTA : NUOVO PROGRAMMA CITTADINANZA PER INVESTIMENTO
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MALTA : NUOVO PROGRAMMA CITTADINANZA PER INVESTIMENTO CITTADINANZA La cittadinanza è un legame tra la persona e lo Stato, connessa all’esercizio dei diritti civili (es. di espressione delle...#patrimoniale
ci sono diversi livelli di protezione, tutti #compliant
#Patrimonio fuori dai confini Italia
Assets #finanziari NON presso intermediari finanziari residenti in Italia
#veicoli legali non trust o fiduciarie fuori Italia
#residenza fiscale NON in Italia
ALIQUOTA #PROGRESSIVA
Nel dettaglio, la proposta prevede un prelievo dello 0,2% per i #patrimoni compresi tra i 500mila e un milione di euro calcolando, nel conteggio, anche il valore dei beni immobili tolto però il residuo del mutuo e altre passività. L’aliquota passerebbe allo 0,5% per i patrimoni compresi tra un milione e 5 milioni di euro, all’1% per quelli tra 5 milioni e 50 milioni di euro fino ad arrivare al 2% per i patrimoni superiori. Inoltre, è previsto un prelievo straordinario (solo per il 2021) per i patrimoni sopra il miliardo di euro del 3%, che verrebbe utilizzato per la lotta alla pandemia e per aiutare le fasce di popolazione più in difficoltà.
"L’emendamento prevede un’aliquota a scaglioni per patrimoni compresi tra 500mila e 1 milione di euro, 0,5% fino a 5 milioni, 1% fino a 50 milioni e 2% oltre questa soglia"
VIA L’#IMU SULLA SECONDA CASA
Are you #antifragile and #crash proof??? To pick up your #assetallocation and the #jurisdiction of choice, #macroeconomy analysis and #stability matter more than just the #tax rate #maltawayYour assets governance www.maltaway.com independent international advisory #investments #governance #wealthprotection #relocation #expat
Be aware, your inflation basket is quite different
The centralized planners love the currency debasement, not the decentralized economy instead
'Meanwhile the prices of significant regular budget items such as food are increasing by around the ECB target inflation rate of just below 2 per cent. The prices of education, medical services, bicycles and care home services are all also rising on an annual basis.
This year has greatly added to the challenges statistical offices and central banks had before the pandemic as price collection was impaired at some points and consumption patterns have changed.”
“For the ECB if you don’t have wage rises . . . then you don’t have a healthy rate of services inflation and if you don’t have services inflation you don’t have core inflation,”
Are you #antifragile and #crash proof??? To pick up your #assetallocation and the #jurisdiction of choice, #macroeconomy analysis and #stability matter more than just the #tax rate #maltawayYour assets governance www.maltaway.com independent international advisory #investments #governance #wealthprotection #relocation #expat
www.ft.com/content/e8a10dff-ca00-4bd0-8909-a62b51e498af
Be aware, your inflation basket is quite different
The centralized planners love the currency debasement, not the decentralized economy instead
'Meanwhile the prices of significant regular budget items such as food are increasing by around the ECB target inflation rate of just below 2 per cent. The prices of education, medical services, bicycles and care home services are all also rising on an annual basis.
This year has greatly added to the challenges statistical offices and central banks had before the pandemic as price collection was impaired at some points and consumption patterns have changed.”
“For the ECB if you don’t have wage rises . . . then you don’t have a healthy rate of services inflation and if you don’t have services inflation you don’t have core inflation,”
Are you #antifragile and #crash proof??? To pick up your #assetallocation and the #jurisdiction of choice, #macroeconomy analysis and #stability matter more than just the #tax rate #maltawayYour assets governance www.maltaway.com independent international advisory #investments #governance #wealthprotection #relocation #expat
www.ft.com/content/e8a10dff-ca00-4bd0-8909-a62b51e498af
Corporate tax is an area where the single country cannot play the monopolist role as a supplier, as an individual you can do the same for yourself and your assets moving and locating to find the best government suppliers as the business do, because the tax competition amongst the jurisdictions is very healthy for a better world and because the borders are just a limit only in your mind
www.maltaway.com international advisory partners
Average top corporate tax rates continue to fall across the world, and the recent change to the corporate taxes in the United States is a continuation of that trend. Several countries are planning to reduce their corporate tax rates in the coming years.[9] Today, the United States’ statutory corporate tax rate is closer to the middle of the distribution and closer to the worldwide average. Countries considering cutting their corporate tax rates could look to potential benefits of attracting business investment and a more competitive tax environment.
taxfoundation.org/corporate-tax-rates-around-world-2018/
Dopo i Leaders politici, quelli corporate, ora quelli culturali ... Quando la maggioranza di un paese mostra fede in loro, mostra anche l'evidenza che il momento di un reset biologico sia sempre più vicino
Spettacolo, sono le leggi biologiche della natura ... Purtroppo il danno più grave lo riceve chi ascolta
The #ECB does the #design and #Governance and cannot #default.
The local government #debt is in the balance sheet of the local central banks and they can default instead .... The #PIGS became just more piggy because you don't perceive the #risk behind the ECB umbrella
"#Portugal’s economy has been hit hard by the Covid crisis, with Fitch expecting output to shrink by 8.8 per cent in 2020. Along with the extra government borrowing needed to fund the response to the pandemic, that will raise Portuguese public debt to 136 per cent of output by the end of the year, below only #Greece and #Italy in the eurozone, the rating agency said last week as it affirmed Lisbon’s triple-B credit rating.
Even so, investors have been increasingly willing to disregard ballooning debt ratios in the eurozone and beyond, confident that central banks will absorb some — or even all — of the extra supply of debt hitting the market while holding interest rates at all-time lows"
Are you #antifragile and #crash proof??? To pick up your #assetallocation and the #jurisdiction of choice, #macroeconomy analysis and #stability matter more than just the #tax rate #maltawayYour assets governance www.maltaway.com independent international advisory #investments #governance #wealthprotection #relocation #expat
www.ft.com/content/fc7d166f-a951-48e2-a33f-f7b58ab8c6cd
"the country’s onshore bond yields would likely remain attractive for global investors, which expect the Fed to keep #interestrates at record lows at least through to the end of 2021 while #China is able to avoid such intense monetary #stimulus"
Are you #antifragile and #crash proof??? To pick up your #assetallocation and the #jurisdiction of choice, #macroeconomy analysis and #stability matter more than just the #tax rate #maltawayYour assets governance www.maltaway.com independent international advisory #investments #governance #wealthprotection #relocation #expat
www.ft.com/content/b8004571-5250-4d35-8d67-751d105d05d3
LA MARCHETTA CHE TI ASPETTI
Meno alcol si beve (di qualunque tipo) meglio è e i benefici del resveratrolo nel vino rosso sono una delle bufale scientifiche più sbufalate degli ultimi 10 anni. L’alcol etilico è un cancerogeno certo per l’uomo ed il rischio zero si ha solo consumando zero alcol come tutte le più aggiornate linee guida delle varie agenzie preposte potranno confermare. Esistono solo consumi che minimizzano i rischi.
Detto questo io come tanti consumo saltuariamente alcol per gusto o per pura convivialità, non ho intenzione di smettere (ne bevo davvero poco) e non ho motivi per spingervi a farlo se traete piacere da un consumo moderato di alcol.
Quello che invece da fastidio sono i medici e i ricercatori che ancora continuano a raccontarci la storia del consumo moderato di vino rosso che fa bene alla salute (sì perché i super alcolici sono il male ma il vino signora mia è un elisir di lunga vita).
Mettete insieme un’importante fiera del vino, Bruno Vespa (produttore di vino), il prof. Giorgio Calabrese (il cocco di Porta a Porta), il prof. Alberto Zangrillo (che a quanto pare non straparla solo di Covid) e il dott. Vincenzo Montemurro, agitate e lasciate riposare. Ecco che avrete una bella rinfrescata alla solita bufala delle proprietà magiche del vino rosso e dei miracolosi polifenoli di ‘sto c... ehm chiedo scusa mi stavo lasciando andare.
Che un settore faccia propaganda per il prodotto da cui dipende lo trovo legittimo, ma trovo scorretto se non amorale che esponenti del mondo scientifico facciano credere alle persone che bere vino possa contribuire a migliorare la stato di salute, a curare il “fegato grasso“, se non addirittura a prevenire i danni al DNA e la Covid 19 grazie alla coercitina (immagino sia la quercetina perché non ho trovato nessuna sostanza con quel nome).
L’alcol, se si beve, si beve perché piace non perché faccia bene.
Al primo commento l’articolo.
HT Michelangelo Butac Coltelli
Is finance like fashion? Yes since today that stuff is cool ... Tmrw not.
FED is actively destroying USD reserves, money supply matters more than rates, or the latter drives the demand side and the former the supply side ...
www.maltaway.com international advisory partners to govern your investments
"One of the oldest stock market indicators around is the skirt hem. When hemlines go up, so do markets. When hem lines go down, so do markets. It sounds silly. But it, in truth, isn’t really much more random than the more spreadsheet-based indicators that equity analysts pore over"
Fill the energy storage gap
"along with #lithium-ion #batteries, cheaper, longer-duration storage technologies — most of which are not yet cost effective — will be required to fully replace fossil-fuelled power plants and allow for the 100 per cent use of renewable energy. At the moment, #gas-fired power plants bridge the gap from renewables to provide stable supplies of energy for longer than current batteries can.
More than 97 per cent of the world’s energy storage is currently done by using electricity to pump #water up to a high reservoir and then releasing it, which drives a turbine to create even more electricity, so-called “pumped hydro”. The reservoir of water acts as a way of storing energy. But these systems are challenged by geography and could be limited by increasing water scarcity in the future.
In the UK, the majority of large-scale lithium-ion batteries provide energy for 30-90 minutes.
In addition, #hydrogen, which is produced through the electrolysis of water using electricity, could emerge as a competitive solution for storing energy for longer periods of time. Hydrogen can be stored in underground caverns or depleted oil and gasfields."
www.ft.com/content/7c07e492-41eb-4488-bc34-77b9d806ed5c
The #risk hungry #debt's investors enjoy the meal satisfying their appetite
"US companies at the bottom of the ratings scale have also benefited from the post-vaccine euphoria. The yield in a US index of triple-C rated bonds fell 0.72 percentage points on the day Pfizer made its announcement, to 10 per cent, the biggest one-day fall since May, as investors rushed into the debt.
Cruise line operator Carnival, a company whose earnings have been battered by the pandemic, has regularly tapped the bond market this year. This week it returned with its first unsecured deal, a riskier offering as the bonds are not backed by its ships or other #collateral"
Are you #antifragile and #crash proof??? To pick up your #assetallocation and the #jurisdiction of choice, #macroeconomy analysis and #stability matter more than just the #tax rate #maltawayYour assets governance www.maltaway.com independent international advisory #investments #governance #wealthprotection #relocation #expat
www.ft.com/content/d06222e4-126e-4209-b689-4e3ee8dfa885
Italians? No, not just them ...
put your money where your mouth is ... or the other way around ... that place could be the ass of someone else but it is yours instead
Just changing the lights angle
#fractal #economics, a volte la pagliuzza è più rilevante della trave #southworking ma fuori dai confini di un paese fallito. Are you #deficient? I mean, vitaminD deficient ... #southliving #SouthWorking #nocovid #malta #maltaway #WFH #smartworking in hotel HalfBoard starting from Eur500/month Move to the #south for the #SouthWorking where you can ger more #saltwater and #vitamind to protect you better from #COVID19 www.maltaway.com/wfh-southworking-vitamind-in-the-sun-and-great-place-to-relocate-for-your-smartw...
There is no return back to any form of normalcy without dealing with the debt overhang. Higher nominal growth – i.e. higher inflation – or try to get rid of the bad debt by #restructuring and writing it off.
"The total level of global #indebtedness has increased by $15tn this year, leaving it on track to exceed $277tn in 2020, said the IIF, which represents financial institutions. It expects total debt to reach 365 per cent of global gross domestic product by the end of the year, surging from 320 per cent at the end of 2019.
“High debt levels will lead to #zombie #banks and zombie #companies that constrain growth,”
From 2016 to the end of September, global debt rose by $52tn; that compares with an increase of $6tn between 2012 and 2016"
Are you #antifragile and #crash proof??? To pick up your #assetallocation and the #jurisdiction of choice, #macroeconomy analysis and #stability matter more than just the #tax rate #maltawayYour assets governance www.maltaway.com independent international advisory #investments #governance #wealthprotection #relocation #expat
www.ft.com/content/18527e0c-6f02-4c70-93cb-c26c3680c8ad
#Fractal #Economics, a volte la pagliuzza è più rilevante della trave #southworking ma fuori dai confini di un paese fallito. Are you #deficient? I mean, vitaminD deficient ... #southliving #SouthWorking #nocovid #malta #maltaway #WFH #smartworking in hotel HalfBoard starting from Eur500/month Move to the #south for the #SouthWorking where you can ger more #saltwater and #vitamind to protect you better from #COVID19 www.maltaway.com/wfh-southworking-vitamind-in-the-sun-and-great-place-to-relocate-for-your-smartw...
"as a result of today’s fiscal and monetary largesse, as in the aftermath of many wars, there will be a surge in inflation, quite likely more than 5% or even on the order of 10% in 2021”
The big shifts four decades ago were not so much the desire to bring inflation under control, but #globalisation and the entry of China into the world economy. That era, they argue, which was one of low inflation and high, rising #indebtedness, is now ending. Its inverse will soon follow
as the number of #consumers rises relative to that of #producers, inflationary pressure will increase. Moreover, as the labour force shrinks and globalisation weakens, the market power of #labour will re-emerge, exacerbating these inflationary pressures
How would the authorities handle the waves of defaults? How would governments bring their deficits back under control in a world of structurally low growth (partly due to ageing), higher interest rates and pressures to raise spending? If they failed to do so, would the central banks keep printing money or permit national insolvency?
It is quite possible, instead, that, with slow economic growth and continuing declines in the relative price of capital goods, corporate retained #profits will continue to exceed #investment and demand might stay weak and real interest rates low for a long time, reinforced by the huge private-sector #debt overhangs in all these economies"
#maltawayYour assets governance www.maltaway.com independent international advisory #investments #governance #wealthprotection #relocation #expat
www.ft.com/content/dea66630-d054-401a-ad1c-65ebd0d10b38
"as a result of today’s fiscal and monetary largesse, as in the aftermath of many wars, there will be a surge in inflation, quite likely more than 5% or even on the order of 10% in 2021”
The big shifts four decades ago were not so much the desire to bring inflation under control, but #globalisation and the entry of China into the world economy. That era, they argue, which was one of low inflation and high, rising #indebtedness, is now ending. Its inverse will soon follow
as the number of #consumers rises relative to that of #producers, inflationary pressure will increase. Moreover, as the labour force shrinks and globalisation weakens, the market power of #labour will re-emerge, exacerbating these inflationary pressures
How would the authorities handle the waves of defaults? How would governments bring their deficits back under control in a world of structurally low growth (partly due to ageing), higher interest rates and pressures to raise spending? If they failed to do so, would the central banks keep printing money or permit national insolvency?
It is quite possible, instead, that, with slow economic growth and continuing declines in the relative price of capital goods, corporate retained #profits will continue to exceed #investment and demand might stay weak and real interest rates low for a long time, reinforced by the huge private-sector #debt overhangs in all these economies"
#maltawayYour assets governance www.maltaway.com independent international advisory #investments #governance #wealthprotection #relocation #expat
www.ft.com/content/dea66630-d054-401a-ad1c-65ebd0d10b38
#China economic #influence has no western countries #vaccine, #copper or not
"Shanghai is launching a challenge to #London’s dominance in metals trading by issuing a new futures contract for copper that analysts say has the potential to become a global benchmark.
The Shanghai International Energy Exchange (INE) will start trading monthly copper futures denominated in renminbi on Thursday, in contracts based on the metal to be delivered into warehouses in China.
Chinese policymakers are increasingly keen to reduce the negative impact of downturns elsewhere, market participants say. The experience of crude futures has given them “the imperative to list the new copper products”
While China already has a copper futures contract listed on the Shanghai Futures Exchange, foreigners need to set up a local company to use it. The INE’s copper contract will allow foreign entities direct access, and its price will not bake in value added tax, making it similar to international prices
The new launch forms part of a relaxation of the rules governing foreign investments into China’s domestic capital markets. This month China also loosened its qualified foreign institutional investor, or QFII, rules, to ease access to domestic futures, including for commodities"
Are you #antifragile and #crash proof??? To pick up your #assetallocation and the #jurisdiction of choice, #macroeconomy analysis and #stability matter more than just the #tax rate #maltawayYour assets governance www.maltaway.com independent international advisory #investments #governance #wealthprotection #relocation #expat
www.ft.com/content/2e4c4bbe-8a74-48b8-bbf0-7635e1bec855
The #walled gardens
Unfortunately, building up physical and digital #walls, is the scope and dream of so many players globally
"A journalist at China’s state Xinhua news agency reported using three different phones to look at the same hotel room on one booking site and being quoted three different prices.
The level of subsidies offered to shoppers by tech companies, such as online shopping site Pinduoduo, can also vary as they try to win new customers.
The draft rules take aim at such price #discrimination and suggest that #subsidies are illegal if they hinder market #competition"
Are you #antifragile and #crash proof??? To pick up your #assetallocation and the #jurisdiction of choice, #macroeconomy analysis and #stability matter more than just the #tax rate #maltawayYour assets governance www.maltaway.com independent international advisory #investments #governance #wealthprotection #relocation #expat
www.ft.com/content/72317ec5-5a5c-44ab-8b8b-a752f9792168
The stupid dreams of the #politicians and corporate #leaders to #centrally govern the #decentralization and the country's areas leveling up
"Let’s not be Panglossian. Plenty of city dwellers will stay put. Of those who move, it’s likely that more will go to fairly affluent areas within an hour or two of big cities than to former mining towns with poor transport links. Employers might decide that some roles can be done fully remotely, and move them offshore to cheaper countries
clients are seeking new recruits who can be based anywhere, You don’t have to be within a commutable proximity. I feel like that’s a big shift, I feel like this whole #talent, geography, labour-cost #arbitrage is under way.”
and internationally, the #jurisdiction arbitrage for #WfH as well
Move to the #south for the #Southworking where you can ger more #saltwater and #VitaminD to protect you better from #Covid19 www.maltaway.com/wfh-southworking-vitamind-in-the-sun-and-great-place-to-relocate-for-your-smartw...
Revolution of #decentralizing everything underway
"Journeying to work five days a week now seems excessive in an age of video conferencing and cloud data. In future, 85% of employees would prefer to work #remotely at least two to three days a week
This is now a watershed moment in the world of work. The coronavirus shock may have exposed an outmoded white-collar workplace structure, #Work is now being recognised as much more of an #activity, rather than as a #place
A sprawling corporate #hub, envisaged a new, decentralised office #geography where workers gathered together only when they needed to.
clients are seeking new recruits who can be based anywhere, You don’t have to be within a commutable proximity. I feel like that’s a big shift, I feel like this whole #talent, geography, labour-cost #arbitrage is under way.”
and internationally, the #jurisdiction arbitrage for #WfH as well
Move to the #south for the #Southworking where you can ger more #saltwater and #VitaminD to protect you better from #Covid19 www.maltaway.com/wfh-southworking-vitamind-in-the-sun-and-great-place-to-relocate-for-your-smartw...
www.ft.com/content/7f988ad5-5cb8-424f-bce4-ce71ed42f16e
Revolution of #decentralizing everything underway
"Journeying to work five days a week now seems excessive in an age of video conferencing and cloud data. In future, 85% of employees would prefer to work #remotely at least two to three days a week
This is now a watershed moment in the world of work. The coronavirus shock may have exposed an outmoded white-collar workplace structure, #Work is now being recognised as much more of an #activity, rather than as a #place
A sprawling corporate #hub, envisaged a new, decentralised office #geography where workers gathered together only when they needed to.
clients are seeking new recruits who can be based anywhere, You don’t have to be within a commutable proximity. I feel like that’s a big shift, I feel like this whole #talent, geography, labour-cost #arbitrage is under way.”
and internationally, the #jurisdiction arbitrage for #WfH as well
Move to the #south for the #Southworking where you can ger more #saltwater and #VitaminD to protect you better from #Covid19 www.maltaway.com/wfh-southworking-vitamind-in-the-sun-and-great-place-to-relocate-for-your-smartw...
www.ft.com/content/7f988ad5-5cb8-424f-bce4-ce71ed42f16e
#Fractal #Economics, a volte la pagliuzza è più rilevante della trave #southworking ma fuori dai confini di un paese fallito. Are you #deficient? I mean, vitaminD deficient ... #southliving #SouthWorking #nocovid #malta #maltaway #WFH #smartworking in hotel HalfBoard starting from Eur500/month Move to the #south for the #SouthWorking where you can ger more #saltwater and #vitamind to protect you better from #COVID19 www.maltaway.com/wfh-southworking-vitamind-in-the-sun-and-great-place-to-relocate-for-your-smartw...
#Fractal #Economics, a volte la pagliuzza è più rilevante della trave #southworking ma fuori dai confini di un paese fallito. Are you #deficient? I mean, vitaminD deficient ... #southliving #SouthWorking #nocovid #malta #maltaway #WFH #smartworking in hotel HalfBoard starting from Eur500/month Move to the #south for the #SouthWorking where you can ger more #saltwater and #vitamind to protect you better from #COVID19 www.maltaway.com/wfh-southworking-vitamind-in-the-sun-and-great-place-to-relocate-for-your-smartw...
#Fractal #Economics, a volte la pagliuzza è più rilevante della trave #southworking ma fuori dai confini di un paese fallito. Are you #deficient? I mean, vitaminD deficient ... #southliving #SouthWorking #nocovid #malta #maltaway #WFH #smartworking in hotel HalfBoard starting from Eur500/month Move to the #south for the #SouthWorking where you can ger more #saltwater and #vitamind to protect you better from #COVID19 www.maltaway.com/wfh-southworking-vitamind-in-the-sun-and-great-place-to-relocate-for-your-smartw...
#Fractal #Economics, a volte la pagliuzza è più rilevante della trave #southworking ma fuori dai confini di un paese fallito. Are you #deficient? I mean, vitaminD deficient ... #southliving #SouthWorking #nocovid #malta #maltaway #WFH #smartworking in hotel HalfBoard starting from Eur500/month Move to the #south for the #SouthWorking where you can ger more #saltwater and #vitamind to protect you better from #COVID19 www.maltaway.com/wfh-southworking-vitamind-in-the-sun-and-great-place-to-relocate-for-your-smartw...
#Fractal #Economics, a volte la pagliuzza è più rilevante della trave #southworking ma fuori dai confini di un paese fallito. Are you #deficient? I mean, vitaminD deficient ... #southliving #SouthWorking #nocovid #malta #maltaway #WFH #smartworking in hotel HalfBoard starting from Eur500/month Move to the #south for the #SouthWorking where you can ger more #saltwater and #vitamind to protect you better from #COVID19 www.maltaway.com/wfh-southworking-vitamind-in-the-sun-and-great-place-to-relocate-for-your-smartw...
#Fractal #Economics, a volte la pagliuzza è più rilevante della trave #southworking ma fuori dai confini di un paese fallito. Are you #deficient? I mean, vitaminD deficient ... #southliving #SouthWorking #nocovid #malta #maltaway #WFH #smartworking in hotel HalfBoard starting from Eur500/month Move to the #south for the #SouthWorking where you can ger more #saltwater and #vitamind to protect you better from #COVID19 www.maltaway.com/wfh-southworking-vitamind-in-the-sun-and-great-place-to-relocate-for-your-smartw...
"Se Parigi avesse il mare, sarebbe una piccola Bari"
Il 13 febbraio scorso un carico di 4.575 tonnellate di #grano francese arriva via mare dalla Francia al porto di Ortona, in Abruzzo. Sono state vendute da una società francese a #DeCecco, terzo produttore mondiale di #pasta. Quel giorno però, secondo alcuni documenti allegati a una dettagliatissima denuncia raccolta a maggio dal #Nas dei #Carabinieri, l'azienda di Fara San Martino lo registra come "grano pugliese". Secondo una email interna allegata all'esposto, l'ordine di registrare il grano francese come pugliese sarebbe arrivato addirittura dal presidente Filippo Antonio De Cecco, 76 anni, monarca assoluto dell'azienda.
La Procura di Chieti ordina perquisizioni nella sede e acquisisce documenti e posta elettronica.
Tre gli indagati per l'ipotesi di reato di frode in commercio: il presidente, il responsabile degli acquisti e l'ex responsabile del controllo qualità, licenziato a maggio.
La società non commenta ma afferma di avere agito sempre nel rispetto di leggi e norme a tutela dei clienti.
articolo di nicola borzi per #ilfattoquotidiano in edicola oggi
#Skininthegame with the other investors' skin
the asymmetry of Spac mathematics: the risk in Spac falls most heavily on outside shareholders even as the return on investment for sponsors looks very promising indeed.
Excess #liquidity, #Nirp, #Zirp and #CBs promise to keep it longer create the Spac #bubble, a kind of banking #feudalism transferred in the #IPOfeudalism, who comes first gets better
"So far this year, 156 Spacs have raised more than $55bn, and 76 Spacs in the US have announced acquisitions with a combined value of $95.2bn
Public investors ‘in the hole’
Founder shares, given out for a pittance, can create a drag for ordinary investors who typically pay $10 for each of their shares in a Spac. After a deal, the company can even fall in value and sponsors with discounted shares may still come out ahead.
“The public Spac investors start, effectively, 25 per cent in the hole,” referring to the 20 per cent promote and other standard fees.
short-seller Carson Block, who this week revealed he had placed a bet its share price will fall. At the same time, he launched a broadside against the whole Spac phenomenon, which he called “the great 2020 money grab”.
“A business model that incentivises promoters to do something — anything — with other people’s money is bound to lead to significant value destruction on occasion”
Are you #antifragile and #crash proof??? To pick up your #assetallocation and the #jurisdiction of choice, #macroeconomy analysis and #stability matter more than just the #tax rate #maltawayYour assets governance www.maltaway.com independent international advisory #investments #governance #wealthprotection #relocation #expat
www.ft.com/content/9b481c63-f9b4-4226-a639-238f9fae4dfc
#Fractal #Economics, a volte la pagliuzza è più rilevante della trave #southworking ma fuori dai confini di un paese fallito. Are you #deficient? I mean, vitaminD deficient ... #southliving #SouthWorking #nocovid #malta #maltaway #WFH #smartworking in hotel HalfBoard starting from Eur500/month Move to the #south for the #SouthWorking where you can ger more #saltwater and #vitamind to protect you better from #COVID19 www.maltaway.com/wfh-southworking-vitamind-in-the-sun-and-great-place-to-relocate-for-your-smartw...
#Fractal #Economics, a volte la pagliuzza è più rilevante della trave #southworking ma fuori dai confini di un paese fallito. Are you #deficient? I mean, vitaminD deficient ... #southliving #SouthWorking #nocovid #malta #maltaway #WFH #smartworking in hotel HalfBoard starting from Eur500/month Move to the #south for the #SouthWorking where you can ger more #saltwater and #vitamind to protect you better from #COVID19 www.maltaway.com/wfh-southworking-vitamind-in-the-sun-and-great-place-to-relocate-for-your-smartw...
#Fractal #Economics, a volte la pagliuzza è più rilevante della trave #southworking ma fuori dai confini di un paese fallito. Are you #deficient? I mean, vitaminD deficient ... #southliving #SouthWorking #nocovid #malta #maltaway #WFH #smartworking in hotel HalfBoard starting from Eur500/month Move to the #south for the #SouthWorking where you can ger more #saltwater and #vitamind to protect you better from #COVID19 www.maltaway.com/wfh-southworking-vitamind-in-the-sun-and-great-place-to-relocate-for-your-smartw...
First, anyone has different #inflation because of a different #basket he is used to buying and more importantly you have real inflation because of the continuous #debasement of many currencies
Secondly, China, Asia and US are in a very different position than #Europe in full recession mode
Thirdly, the cost of #debt will impact heavily the most indebted and leveraged #corporations, #governments and projects building up a solvency crisis throughout the board and #CBs would likely put their hands on it
“I do think investors need to start thinking about inflation again.
This could make investors more wary about bonds, particularly given how many of them the government must sell to cope with yawning deficits.
investors have become even more addicted to f#reemoney, or, more precisely, real interest rates that were in effect negative.
This has encouraged complacency around long-term risks in bond markets. It has also sparked the creation of some funky financial structures. Special purpose acquisition companies are a case in point: #Spacs have boomed this year"
Are you #antifragile and #crash proof??? To pick up your #assetallocation and the #jurisdiction of choice, #macroeconomy analysis and #stability matter more than just the #tax rate #maltawayYour assets governance www.maltaway.com independent international advisory #investments #governance #wealthprotection #relocation #expat
www.ft.com/content/4104768c-86a8-4116-b1e5-8c78f581d5ea
#ZOMBILANDIA
“it feels sometimes as if this is the magic system, one where losses are supposed to evaporate, something that is not going to happen”
The practice to solve debt problems with more #debt and blurring the use of money to cope with #liquidity troubles where there #solvency troubles
"One in seven Spanish #workers are in businesses at risk of collapse, according to new research by the European Central Bank, excluding those who work for financial companies.
It compares with about 8% of employees in Germany and France and 10% in Italy, also taking into account the use of subsidies to keep people in work, the #ECB found.
Companies at risk of collapse are defined as having negative #workingcapital and high #debt levels."
Are you #antifragile and #crash proof??? To pick up your #assetallocation and the #jurisdiction of choice, #macroeconomy analysis and #stability matter more than just the #tax rate #maltawayYour assets governance www.maltaway.com independent international advisory #investments #governance #wealthprotection #relocation #expat
www.ft.com/content/799e36b8-2b5e-456e-9a1c-4882d0f669ca
3 #Pharma players, German, American, chinese for a RNA #vaccine, volatile minds and good reading from #Nature calm you down
“I want to know the spectrum of disease that the vaccine prevents,” says Paul Offit, a vaccine scientist at the University of Pennsylvania who sits on a US Food and Drug Administration advisory committee that is set to evaluate the vaccine next month. “You’d like to see at least a handful of cases of severe disease in the placebo group,” he adds, because it would suggest that the vaccine has the potential to prevent such cases.
It’s also unclear whether the vaccine can prevent people who show no or only very mild symptoms of COVID-19 from spreading the coronavirus. A transmission-blocking vaccine could accelerate the end of the pandemic. But it will be difficult to determine if the Pfizer vaccine, or others in late-stage trials, can achieve this, says Krammer, because it would involve routinely testing trial participants. “You can't do that with 45,000 people,”
global regulatory pendulum is swinging in the direction of tighter control:
“In Hong Kong the government this week proposed to bring all crypto-assets under the oversight of the securities regulator by using money laundering concerns as the stepping stone. Legislation has been proposed in the EU and the U.S. that drives crypto-assets into existing regulatory silos. These actions indicate the wind has definitely changed direction — [while] strengthened regulatory mandates increases the likelihood of enforcement.”
“Now we are reminded that regulatory action can affect end users and their ability to access their funds. The old adage — ‘not your keys, not your coins’ — remains true.”
Are you #antifragile and #crash proof??? To pick up your #assetallocation and the #jurisdiction of choice, #macroeconomy analysis and #stability matter more than just the #tax rate #maltawayYour assets governance www.maltaway.com independent international advisory #investments #governance #wealthprotection #relocation #expat
FUD or regulatory change? Rumor clouds swirl around crypto exchanges
l.facebook.com
Are a raft of recent FUD events coincidental, or are global authorities targeting unregulated crypto exchanges?#fractal #economics, a volte la pagliuzza è più rilevante della trave Are you #deficient? I mean, vitaminD deficient ... #southliving #SouthWorking #nocovid #malta #maltaway #WFH #smartworking in hotel HalfBoard starting from Eur500/month Move to the #south for the #SouthWorking where you can ger more #saltwater and #vitamind to protect you better from #COVID19 www.maltaway.com/wfh-southworking-vitamind-in-the-sun-and-great-place-to-relocate-for-your-smartw...
#fractal #economics, a volte la pagliuzza è più rilevante della trave Are you #deficient? I mean, vitaminD deficient ... #southliving #SouthWorking #nocovid #malta #maltaway #WFH #smartworking in hotel HalfBoard starting from Eur500/month Move to the #south for the #SouthWorking where you can ger more #saltwater and #vitamind to protect you better from #COVID19 www.maltaway.com/wfh-southworking-vitamind-in-the-sun-and-great-place-to-relocate-for-your-smartw...
“It is clear that the economic recovery is still not happening, wealth is down, and rents are falling in most cities, so your alternative to buying a house is getting cheaper, The fundamentals just do not point to an ongoing housing boom.”
Underpinning the resilience of housing markets are the vast stimulus packages from governments and central banks that have supported struggling companies, allowed many workers to keep earning and — crucially — kept borrowing costs near record lows.
As housing costs keep climbing, the pandemic is prompting some people to abandon expensive city locations in search of more space. In the UK, prices of detached houses rose at double the rate of apartments between March and September
“We noticed the rush in the early days of the lockdown, as 20 per cent of Parisians went to work remotely in the countryside, That begs the question: are we ready to lose 20 per cent of Paris’s population?”
“lack of appetite for lending or tighter credit standards, due to worries about borrowers’ creditworthiness, may challenge the degree to which the monetary easing affects the real economy”
it could trigger a sudden tightening of the ultra-loose mortgage market, dragging down house prices.
“The eurozone is the biggest risk area, it is time to sell out of property”
Are you #antifragile and #crash proof??? To pick up your #assetallocation and the #jurisdiction of choice, #macroeconomy analysis and #stability matter more than just the #tax rate #maltawayYour assets governance www.maltaway.com independent international advisory #investments #governance #wealthprotection #relocation #expat
www.ft.com/content/2606dd0d-d009-4fc6-8801-2a089d76bdc5
#skiing’s waning global appeal
skiing’s #demographic shift
Now with the pandemic, the international market crashed and the local one is stacked to stay in the city like Milan without the possibility to go to their 2bd home in the mountains during the lockdown
"the fading appeal of the sport with younger people means there are not enough young affluent skiers to replace baby boomers retiring after decades on the slopes.
“Global skier numbers have been in decline for years.” Despite bumper snowfalls over the past three years, Alpine visitor numbers for the 2018-19 season stood at 164m, down from 176m in 2008-09.
“Our British clients have stopped travelling to the Alps,”
In Courmayeur, one of Italy’s most popular ski resorts, the number of international visitors between June and July was down by more than two-thirds year-on-year.
“They are looking for a place where they can wander freely and without having to put on a mask, They are not particularly ‘mountain people.”
“The combination of a flight and [onward transport] in the pandemic is complicated.”
Relocate for a #southworking and #SouthLiving experience is much better and safe, economic #crisis, #covid, #pandemic, #Brexit ... Or not
Are you #antifragile and #crash proof??? To pick up your #assetallocation and the #jurisdiction of choice, #macroeconomy analysis and #stability matter more than just the #tax rate #maltawayYour assets governance www.maltaway.com independent international advisory #investments #governance #wealthprotection #relocation #expat
www.ft.com/content/fa66e505-b880-4355-b09c-53cf07d9a13c