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Today In Payments: Apple Parts Maker Foxconn Back To Work In China; Two Chinese Nationals Laundered $100M In Crypto

PYMNTS

In today’s top news, Apple manufacturer and supplier Foxconn has returned to production, the Department of Justice charged two Chinese nationals with laundering over $100 million in cryptocurrency, and TurboTax’s deal to buy Credit Karma has sparked antitrust concerns. Two Chinese Nationals Charged With Laundering $100M In Crypto.

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Guest Post: FInancial Markets and Economic Update by Dorothy Jaworski

Jeff For Banks

This is because the economy has been gaining momentum, however modest, from the tax cuts and deregulation. As well as the economy has been doing from the momentum of tax cuts and reduced regulation, there are always looming issues. We have to live with national interest rates and the Fed and the yield curve affect us all.

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Kenya Economic Update 2015

Bankelele

But the government getting more revenue from income tax, but what is coming from VAT is declining. Also that stocks in Nakumatt aisles are like those in SA, and perhaps Treasury should consider excise tax on unnecessary imports. Government Spending has gone from Kshs 696 billion in 2011/12 to 1.5 trillion in 2015/16.

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Electronic payments ‘add $300bn’ to global economy

NCR

Overall, the report, titled ‘The Impact of Electronic Payments on Economic Growth’ estimated that between 2011 and 2015, increased use of electronic payment methods added $296 billion to gross domestic product (GDP) across the 70 countries studied. A boost to GDP. percent GDP increase), the United Arab Emirates (0.23

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CFPB’s 2020: Drawing A Bead On Abusive Practices — And States’ Activities

PYMNTS

It’s noteworthy that the abusiveness standard stretches across 32 cases from 2011 to the end of last year. In the most recent action, the CFPB said that the new definitions will help to better manage “scarce resources.” Digital Taxes, Abroad. An agreement among OECD countries would spur France to end its national digital tax. “We

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Guest Post: 3rd Quarter Economic Update by Dorothy Jaworski

Jeff For Banks

Rates have fallen to incredible lows; Pimco, a large money manager, has referred to them as “Eisenhower” lows because they were prevalent in the 1950s. The Federal Reserve will keep the short term Fed Funds rate at 0% to 0.25% well into 2011 and likely into 2012. What are the Markets Thinking? Thanks for reading!

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Steal This 5-Step Banking Innovation Playbook from Gentle Monster

South State Correspondent

Gentle Monster Background Founded in 2011 by Kim, Gentle Monster initially struggled to break through against large brands like Luxottica which controls an estimated 30% of the US market, and is behind almost every single designer eyeglass brand you can think of, including Ray-Ban, Oakley, Armani, Ralph Lauren, Chanel, Prada and many more.