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European Justice See No Discrimination In Denying Maternity Supplement To Early Retirement

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European justice does not see discrimination in denying maternity supplement to early retirement. The CJEU does not agree with a Catalan worker who had denounced discrimination based on sex.

The Court of Justice of the European Union (CJEU) has indicated that it does not perceive discrimination on grounds of sex in the case of a Catalan worker who was denied a maternity allowance in her retirement , as it was early.

In its ruling this Wednesday, European justice ruled that the maternity pension supplement for women who retire early of their own free will is not linked to the sex of the affected worker, but to the conditions under which retirement is accessed , so the alleged discriminatory treatment does not occur on grounds of sex.

The 8 keys to the new maternity supplement for pensioners
As justified, unequal treatment can only refer to cases of discrimination between male workers, on the one hand, and female workers, on the other. Therefore, the situation denounced by the worker is outside the scope of the Directive on equal treatment for men and women.

The litigation dates back to December 2017, when the National Institute of Social Security (INSS) in Spain granted an INSS worker in Barcelona an early retirement pension of her own free will . The worker claimed that, according to the General Social Security Law, that pension should include the maternity supplement for being the mother of three children.

In May 2018, the INSS rejected her claim because, according to Spanish law, this supplement does not apply in cases of early retirement at the will of the interested party.

The worker filed a lawsuit against this INSS decision, considering that Spanish legislation gives rise to discrimination against women who, due to having voluntarily retired early, cannot enjoy the aforementioned supplement.

The Barcelona Court hearing the case asked the Court of Justice to interpret the principle of equal treatment recognized in the Directive.

In particular, it asked whether the fact that a regulation establishes a maternity pension supplement in favor of women who have had biological children or adopted children in cases of retirement at the expected age or early retirement for certain reasons can be considered discriminatory. established by law, but not in cases of early retirement at the will of the interested party.

How Bitcoin and Other Cryptocurrencies Began to Influence the Real Economy

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Not a day goes by without news and announcements about virtual currency. The topic of Bitcoin has become a lot of not only geeks but also a wide audience that has discovered options and bets, and online casinos using cryptocurrencies (for example, discover Playamo casino, one of the best of its kind). The change in its course (increased 15 times since the beginning of the year) has become one of the main events of 2021. Be that as it may, if you distance yourself from such glitter, it is very important to consider the true economic consequences of this mesmerizing phenomenon.

Big Data is making itself felt more and more in all societies and industries, making the issue of tracking information increasingly important. In an environment of an incredible abundance of information, how can you achieve reliability and correct data processing? The answer lies in the area of technological innovation, blockchain. Much more than cryptocurrencies, this technology paves the way for historic transformations in many industries. Given its enormous potential, some even compare these changes to those brought about by the formation of the Internet in the 1990s.

Kingdom of Trust

The point is that blockchain is a “kingdom of trust”. It becomes the answer to a fundamental gap on the Internet, where information (images, texts, sounds) is transmitted using data packets, whose value is only related to what they can do, and does not exist by itself. This technology (it allows you to transform many assets into tokens) will lead to big changes in key sectors of the economy: electricity generation, regulation of financial systems, transport… Blockchain can replace documents and intermediaries, thereby ensuring: increased security and acceleration of operations, reduced cost resulting in increased productivity, safety and efficiency, optimization of supply routes and new markets. Whether in terms of development prospects or negative impacts in terms of human resources, the solution is not at all binary. The question is not whether it is worth using blockchain or not, but how to make the right choice. To do this, you must first outline the perimeter. To what extent should it be applied? Who will use it? Fully or partially? And on what terms?

Why Do People Choose Bitcoin for Finance Operations?

There are opportunities to make a difference. The first is for Bitcoin to be accepted by a large number of trading players. Any significant shopping site can start accepting Bitcoin payments in parallel with other payment methods. In the absence of obstacles from the authorities, p2p payments can absorb many currencies, and those who do not accept them will be pushed aside. During each operation, the user will be able to specify in what currency it should be carried out. The recipient can request an immediate and automatic conversion into any other currency of his choice. Unity of accounts will no longer be a competitive condition for choosing between payment systems.

The second possibility concerns the reduction of the transaction confirmation time (almost 10 minutes): it makes it unsuitable for payments in stores, where the average delay does not exceed a few seconds. Blockchain technology is constantly evolving. Gradually, it should stabilize and reduce the time for solving algorithms.

In addition, Bitcoin, by its very nature, has no value. It is simply data that flows between a buyer who uses that currency to purchase a product on their own scale of value, and a seller who has their scale of value. This is the purpose of any currency. Be that as it may, in the absence of a system of regulation and control, it needs some kind of implied value to establish trust, the cornerstone, without which the currency today simply cannot exist.

In Сonclusion

Thus, virtual currencies need to replace trust in the financial system with others that rely on technology without regulation and technical certification. The central figure of such trust will no longer state, but private players in the algorithmic economy. We are witnessing a transition to distributive management, a social revolution.

Be that as it may, to expand capacity, it is necessary to link industry, law, and education. Bitcoin shouldn’t change the world. It will not replace existing currencies, but it can form the basis for the emergence of an updated monetary system, which has never happened before. Blockchain could take over this, pave the way between fantasy and reality.

How To Use CBD Vape Device While Traveling

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These days, CBD oil has become popular for its various therapeutic purposes. These are available as CBD Vape devices, CBD gummies, or even for dog treats. However, many states and countries still have strict laws, and that is what you have to prioritize while taking the CBD Vape oil device while traveling.

CBD or cannabidiol is one of the many chemical compounds from the hemp plant. People have a problem with the other compound THC from marijuana that causes people to ‘feel high’. Hence, Dr. Watson produces CBD Vape without THC. 

Points for Travelers to Note

As per the TSA 3-1-1 rules, you need not declare the vaping device and CBD oil separately. But make sure not to hide the same making the device seem very suspicious. The rules state that you may bring the electronic devices and vaping devices with batteries and the liquid in your carry bags to the cabin. 

Certain states in the USA do not allow you to consume the same. So, make sure you are aware of the same before packing your device is what Dr. Watson would advise. Also, certain countries allow only flying with cannabis products like cannabis flower or CBD in any other form but not in liquid form.

What Makes CBD Oil from Dr. Watson A Big Hit

Dr. Watson has the latest “Big Hit” CBD oil available as the 50% concentration of the finest quality of Broad Spectrum. This means the CBG Vape pen is of the highest grade in the UK and is popular.  

Ph.D. scientist Dr. Richard Watson has been producing only the best quality CBD oil and other products. Their supplements are well below the legal limit of THC. That is to say, the CBD oil has non-psychoactive elements of lesser than 0.2% in 1 mg of the product container. 

More about the Tips for Travelers

The travelers often fear their CBD oil should not catch the attention of the sniffer dogs at the airport. It would be very humiliating butif you just keep it in limited quantities in your carry bags and not in the checked bags, you are safe. As per the TSA, keep the liquids in a transparent bag. The quantity can be a 3.4-ounce bottle, or to say up to a 100ml bottle is permissible. 

Dr. Watson recommends the travelers carry waterproof pouches, dry bags, or even vape cases. It is even more essential when you plan to go on an adventure outdoors or camping. It will also keep the vaping device and CBD oil safe from any moisture. Remember, only a few airports like Washington Dulles airport, Nashville international, Cincinnati International, and McCarran International airport Las Vegas allow vaping. They have smoking areas where you can use the devices. 

More than everything, make sure to buy the CBD vaping device from Dr. Watson’s online store. It is safe to buy from here because it assures excellent certified quality and hence worth every penny you spend. 

Author bio

Sam Edwards is a content writer who lives in Tunbridge Wells. He is working for PlantSumo. When he is not writing, he can be found grabbing a coffee or playing guitar.

Here’s why online betting was also bound to be a hit in the contemporary market

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With the implementation of newer technologies, online betting has not only become easier but also satisfies a range of demands of the customers. Not only that but the engaging themes of the games the range of options and versions available further make it popular in the contemporary market.

The popularity of video games, especially amongst adults is not new. However, what is better if you can gamble through them whenever you want, from any corner of the world? This is what made online casinos popular over the years.

Bet anytime and anywhere

One of the best things about online casino is the fact that users can access them anywhere and at any time. Thus, compared to offline casinos, these have attracted a greater number of customers since there are no specific timings for online betting and you can access them from your mobiles, laptops, or tablets.

Thus, whenever you’re in the mood to play, you have a chance to try your hand at it. What else? You do not have to be physically present all the time but play it on whenever you feel like.

Advantage for people who want to avoid meeting people at casinos

Everyone isn’t comfortable letting people know about their liking for gambling. Hence, online gambling gives those people a perfect chance to gamble without worrying about people finding out about it.

Growth of data protection

With the development of new software and technological tools, online betting systems have become safer than ever. As a result, online betting sites have strict data protection software which take added care towards your data privacy. Thus, you need not worry about your personal data and payment details being leaked and you can easily avoid cyber threats these days.

Engaging game plots

Another reason behind the fierce growth of online gambling is its engaging game plots. Though you can play similar games at offline casinos, technology has not only provided high-definition images in online gambling but has also created an array of gaming themes which either include a war or a forest safari. As a result, adventurous gamers prefer sticking to online casinos to have an experience at par with reality. Ever imagined enjoying a forest safari at a club? As bizarre as that sounds, online gambling has not only ensured that, but also made it popular!

World only moving towards digitization of things

Accessing a distant casino was always a challenge for a lot of gamblers. Especially for those for whom travel charges to those areas would make a significant difference. But the world wants every single thing digitized, if there is a scope for it. While so many virtual counterparts of various activities were already created a long time ago (racing games, sports games, etc.), digital version of online games had to come into the scene.

In conclusion

The popularity and growth of online casinos in the contemporary world is worth mentioning. Owing to the flexibility in these games along with the range of slots and themes of the games provided by online casinos, the number of customers opting for it has increased considerably over the past 5 years. Further, the contribution of technological advancement in both enhancing the experience of the customers as well as protecting their privacy cannot be denied. All in all, online casinos have become a popular mode of entertainment and pastime amongst the adults in most developed countries across the world.

Strategies that can supercharge your business performance in 2021

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It’s of utmost importance to ensure that your company is performing to the best of its ability. It doesn’t matter if your business is a new or established one; you need to consider its success periodically. Regardless of its success, size or reputation, you’re continually looking for new ways to boost its success. 

2020 was a year of resilience for organisations worldwide because the pandemic disrupted most industries. Business managers realised the importance of having solid strategies in place that allow their companies to be agile to abrupt disruptions and adapt to new market needs. 

Seeing the beginning of 2021 sounds appealing because everyone is tired of stress, restrictions, and uncertainty. This year looks more positive because it brims with innovation, opportunity, and a fresh direction. 

If you’re in the process of discovering ways to supercharge your venture’s business performance, this article may be the resource you need because it compiles the trends that can boost your business’ success in 2021.

Use the data your business reveals

At the beginning of the new year, you should 

– Review what happened in 2020

– Collect and review business-related data

– Look deeper and come up with solutions

This is the ideal moment to review your strategies and tactics and identify the ones that worked and the ones that failed. Did the unforeseen pandemic uncover weaknesses and strengths in your business? You can learn a lot from the events of 2020 and align the knowledge with data that can help you develop a future strategy. 

Examining your company’s weaknesses isn’t appealing, but it can help you take a step forward and ease your effort. Are there activities that have interrupted or slowed down the operations and that require change? Are there are strengths you want to celebrate? 

Using the data your business provides can reveal customer behaviours, how well the company is servicing the ideal client and opportunities that can help you retain clients to increase overall profitability. 

Data can give you a view of your customers’ buying cycles and allow you to attract the right leads. 

Use video marketing to humanise the buying journey

Human-centred selling puts your clients first and humanises your business so you can build a meaningful relationship with your audience

Video marketing helps you create a human-centred approach to your sales process because it puts your clients face to face with your business and establish a real connection that encourages conversation and showcases your authenticity. You cannot achieve the same results when you use email marketing or other advertising forms. 

Video marketing also improves sales performance because video content reaches prospects and busy decision-makers more effectively. It takes a couple of minutes to record and send a video to a client, and it has the power to set your brand apart from others in the same market and help you make your voice heard. Videos also remind the public that behind the business is an actual individual and make it more difficult for them to ignore that they’re buying from another human. 

Video marketing helps you stand out from your competition because while they are cold calling and sending messages, you connect with them on a human level and create a meaningful connection. 

Keep the work environment clean and organised

If you’re wondering if there is a correlation between the decreased business performance and a disorganised work environment, you should know the answer is affirmative. When you’re working in a cluttered space that lacks organisation and is filled with distractions, you cannot perform at your best. 

Focus on creating a clean and sustainable workplace in 2021 with the help of technologies like balers for cardboard that allow you to organise the space and run an eco-friendly business. The public prefers organisations that reduce their waste and care about the environment, so integrating technologies that allow you to recycle and reuse can attract new clients and retain existing ones. 

Focus on the customer experience

In the business world, sales are fast-paced, and sometimes your agents have to skip some steps to close deals fast. But when you think about all the times they rush the process and still don’t make a sale, you understand that this strategy can sometimes have a different outcome. 

Instead of moving from a lead to another, take time to focus on each client’s journey because, in 2021, customer experience is everything. The way you make the clients feel correlates to business success because a positive customer experience can help you build loyalty and send a memorable message. 

The best ways to create a positive customer experience are

– Create a human-centred selling strategy that puts your clients’ feelings and issues before your products

– Personalise the buying experience for the target audience

– Use video marketing to share emotion, create a connection, and showcase your brand’s human side. 

– Respond to clients’ questions and concerns with empathy and honesty

Reorganise the workflow to increase productivity

Productivity is essential when you operate in a fast-paced sales sector. A few hours can make the difference between retaining a client and landing a prospect or losing them to a competitor. Sales productivity is crucial to supercharged performance and high income, and there are some ways to reorganise the workflow to obtain it. 

– Use technology. By revamping the operations with the help of technology, you boost your daily productivity and save money

– Develop boundaries. When you teach your team to develop boundaries when they work, you help them stop interruptions and distractions that can disrupt their work. 

– Use time blocking. Train your employees to add individual tasks to set time blocks during office hours to increase productivity. During this period, the only task they should focus their attention on is completing their work. 

Are you ready to improve your business performance?

Above are some sure-fire strategies to supercharge your business performance this year and grow a successful business. Investing in your business is a continuous process, and even if adjustments are sometimes uncomfortable, upgrading the operations can feel rewarding. 

What to look for when investing in family homes, Property for rent in Cheltenham Or Property for sale in Cheltenham post?

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Looking for a property for sale in Cheltenham? Here is what to look for when investing in family homes

If you’re thinking about investing in a family home, it is always better to invest in a single-family home instead of multi-family residential dwellings. Simply put, single-family homes are detached homes that sit on their lands, while multi-family properties are apartments and residential buildings. However, before you start looking for potential homes for you and your family to live in, or for investment purposes, you need to do your due research. One of the most common mistakes that potential buyers and first time investors make is that they do not hire a real estate agent to help them find the right property. So, if you’re looking for a property for sale in Cheltenham, make sure that you get in touch with estate agents in Cheltenham! Here are some of the most important things that you need to look out for when investing in family homes for those of you who are looking to buy a new property.

Shop for the right mortgage

Before you even start looking at properties, you need to get pre-approval for a mortgage. Don’t just settle for a ‘decent’ mortgage rate with your usual lender. Instead, speak to various lenders and banks and find the best possible mortgage! Even if you find a lender who is charging you 1 per cent lesser than other lenders, you can end up saving a lot of money! So, make sure that you look for the right mortgage like you look for the perfect home.

Understand the expenses involved

Buying a property is not a one-time expense. From paying land taxes and property taxes to paying homeowners insurance and monthly mortgages, there are a lot of costs involved in the process of buying a new property. In addition, let’s not forget about variable costs such as the cost of landscaping, the cost of fixing repairs, and the monthly utility bills. So, before you start looking at properties to invest in, you need to understand precisely how much money you can afford to spend on buying this new property. 

Follow the 1 per cent rule

If you are looking to invest in family homes which you can then give out on rent, you need to follow the 1 per cent rule. The 1 per cent rule states that you should be making at least 1 per cent of your total investment cost from the property in one month. So, if you’ve spent £270,000 on buying the property and £30,000 on renovations and repairs, then your total cost of investment is £300,000. So, you should be getting at least £3,000 as your return on investment every month. If you’re looking to invest in property in Cheltenham, even the letting agents in Cheltenham will advise you to follow the 1 per cent rule.

Considering investing in upcoming areas

One of the best ways for investors to make profits is by investing in upcoming and developing areas. Emerging neighbourhoods and developing suburbs are a great place to invest in property because investors can maximise their profits. Also, in the long run, investors will be able to sell their properties for higher profits because of the increasing growth potential in such areas. By investing in upcoming areas, investors will be able to buy bigger and better properties at relatively lower prices which will eventually benefit the long run. These investments will be highly profitable.

Always hire professionals and experts

Are you looking for available properties for sale in developing areas such as Gloucestershire or Cheltenham? In that case, you need to get in touch with estate agents in Gloucestershire! Not sure if the asking price of the property is too high? Hire a property evaluator who can give you a fair idea of the price of the property. Does the property require some plumbing repairs? Hire a professional to start repairing the damages, trying to find potential renters for your property? Ask professional stagers to stage the house and ask a professional photographer to take pictures for the online advertisers. You need to hire experts in order to get the best results!

It’s all about the location

It is always better to invest in an average property in a good location instead of investing in a great property in an intermediate location. For example, you could invest in a gorgeous cottage in the secluded foothills, but not too many people will want to live so far away. On the other hand, a decent three-bedroom home in an upcoming neighbourhood will have many takers! Therefore, you must find the right property in the right location. 

How Procrastination Affects Your Finances Adversely

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Procrastination is the act of delaying your present task for later. We all sometimes procrastinate in our lives. Some of us are habitual dawdlers, while others postpone their tasks occasionally. Regardless of what your working habit is, today, we’re going to give you some valid reasons why you should stop procrastinating if you want to improve your financial conditions. Your financial behaviours and decisions govern your life’s future more than you can even think. If you don’t follow sane financial decisions at present, it can adversely affect your monetary conditions in the long run.

According to a poll done by Legal and General, more than half of the population of UK is affected by procrastination. Although the habit of casually slacking off work may seem harmless to you but it isn’t. In fact, delaying your tasks without any valid reason can be detrimental to your finances. Having said that, let’s take a look at some of the reasons how procrastinating can damage your budget.

Piling of Bills

You can see the negative impact of your procrastination on your finances in your monthly bills. If you are customary of delaying the payment of your bills, you’ll end up paying even more in the form of surcharge, late fee, or fine. Furthermore, if you don’t pay them on time, there’s always the peril of ‘termination of services’.

Delaying Can Make You Lose the Opportunity

Are you waiting for the perfect job that ticks all your boxes? And when you find it, you leave it on tomorrow for applying. Ultimately this will lead you to miss the opportunity in your hand. If you only keep on waiting but don’t act on time, you’ll lose all the lucrative opportunities that are available to you.

Increase in Debt

If you have the disposition of postponing things, then your debt will keep on increasing, and you’ll have to pay more interest. If you pay your credit bills in time, you don’t have to pay extra interest rates. Whereas if you keep on delaying your payments, you won’t even realise, but the interest rate will add to your balance amount, and your debt will increase.

You Won’t Be Able to Save for Future.

The relation between procrastination and retirement savings is of inverse proportion. The more you procrastinate, the less you’ll save for your future. The reason for this is all these other problems that we state here. When you procrastinate your finances, you lose money. And how can you save up for your retirement when you’re losing money in your present?

Slacking Off Repairs Do More Damage

Acting lazy and overlooking potential repairs will do you more harm both financially and physically than you can imagine. For a majority of people, spending time doing repairs doesn’t seem like an ideal way of spending your off day. Even taking your car to the garage seems like a hectic task to some.

However, leaving your cars and house unattended isn’t a smart move because if repairs aren’t done on time, they’ll cause more damage. So, if you want to safeguard your assets, don’t delay the repairs, no matter how cumbersome they might seem. Because small issues, if left unattended, can lead to major repairs that will cost you a huge amount of money.

Conclusion

There are times in our life when we may feel tired, drained, and, lethargic. These are the times when we need a vacation and some time to ourselves. However, if you live a lifestyle of lassitude, it won’t bring you anything good. All it is going to do is damage your life both financially and socially. That’s why we suggest that acting now is better than regretting later!

Personal finances to survive the pandemic

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The pandemic has shown a spotlight on the importance of personal finances like no crisis before.

Even those lucky to have secure, well-paid jobs have found their incomes have been squeezed under government furlough schemes, whilst those in industries like hospitality, tourism and leisure have seen millions of positions simply disappear, in some cases forever.

And, whilst there may be a short-lived post pandemic boom, many are left with the stark choice of either unemployment or the long road of learning new skills.

Now is the time for people to take control of their own finances.

At the margins, this may mean cutting down on discretionary spend. For example, one industry that has boomed during the pandemic has been the online casino business.

Online casinos in Ireland listed here gives details of some of the key operators.

However, as fun as online gambling may be, it can be addictive if taken too far. And, even if it is a habit that can be controlled, people should never spend more than they can afford to lose, especially when their income is being pressurised anyway.

In fact, those finding themselves in a financial predicament need to sit down and budget so that they know what their monthly incomings and outgoings are, splitting the latter between essential items – mortgage/rent, utility bills, food, taxes et -and those of a more discretionary nature, such as travel and entertainment.

To supplement their income, they might use any money they have pot by for emergencies, cash in any investments they might have, take out a loan against any retirement fund they might have, or see if they can release any of the equity held in property they own, by re-mortgaging, for example.

They may also want to see if is possible to borrow any money in the short-term from family and friends.

At the same time, people should not be embarrassed about applying for any unemployment benefit or other relief offered by the government. Many people have been paying taxes and social security for years, so it is not as if they have not contributed to this state aid.

Nor does it stop there: many countries offer grants or assisted learning packages for those looking to acquire new skills or retain. Such help may be available either at the central or local government level, although they are not always well advertised.

If in doubt the best suggestion is to approach the local citizens’ advice bureau for more information.

Another thing that can be done is to approach any creditors directly to explore if there is a way that debts can be rescheduled, repayment terms extended, late fees waived or other alternatives.

Many creditors will be sympathetic given that these are unprecedented times, and be conscious of the need to show some flexibility. They will also be aware that, if they take too stringent a line they risk the possibility of absolute default on any debt owed.

It is Better for them to find a compromise acceptable to both parties than risk a worse outcome.

CJEU Annuls Decision Of Brussels To Claim 250 Million To Amazon

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The Court of Justice of the European Union last year overturned the European Commission decision that required Apple to return 13,000 million euros (plus interest) in unpaid taxes in Ireland.

This Tuesday the competition department headed by Commissioner Margrethe Vestager has once again received a new blow from the EU court of justice that further complicates its battle against the tax engineering of multinationals and tax pacts to minimize the payment of taxes.

According to the CJEU, Brussels has not sufficiently demonstrated the existence of tax advantages in favor of Amazon’s Luxembourg subsidiary and annuls the decision that forced him to return 250 million in Luxembourg.

It was in October 2017, after an investigation, when the European Commission decided that the authorities of the Grand Duchy should recover 250 million that the multinational would have stopped paying thanks to illegal tax cuts . “About three-quarters of Amazon’s profits were not taxed. In other words, Amazon paid four times less taxes than other local companies subject to the same national rules, ”Vestager denounced then.

Jeff Bezos’ multinational did not sit idly by and decided to appeal the decision before the European courts, as well as the Luxembourg Government. The General Court of the EU has agreed with them and has decided to annul that decision, considering that the Directorate-General for Competition of the European Commission “did not demonstrate sufficiently in accordance with the law that there was an undue reduction in the tax burden of a European subsidiary of the Amazon group ”.

According to the judges, the Brussels decision was based on an “erroneous analysis” and none of the findings of the Community Executive show that there were tax advantages.

Consolation with Engie
The court, on the other hand, has agreed with the Commission in its case against the French electricity company Engie. In June 2018, after another detailed investigation, Brussels demanded the return in Luxembourg of 120 million euros on account also of an advantageous tax treatment.

As Vestager denounced then, thanks to two tax agreements ( tax rulings ), two Engie subsidiaries evaded the payment of 99% of the benefits for a decade that were not paid anywhere. “The result is that you have paid an effective corporate rate of 0.3% on certain benefits,” Vestager noted.

The company, as well as the Luxembourg authorities, decided to appeal the decision, although on this occasion the court did agree with the Community Executive by verifying the existence of an advantageous tax treatment. The Government of Luxembourg has positively valued the outcome of the Amazon case while it has announced an in-depth analysis of the Engie ruling and reserves the right to appeal.

The judgments, says the Luxembourg government, “do not in any way question Luxembourg’s commitment to transparency in tax matters and the fight against tax evasion.”

The Best Times to Trade Forex — Traders Union Research Results

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Traders Union’s team of financial experts studied the information available in open sources about which days of the week and times are the best for trading in the Forex market. The experts also conducted research and a survey of successful traders working with brokers through Traders Union. The results of the research refute several well-established false hypotheses and provide more reliable data on what days of the week and times of the day are the best to trade on Forex.

Here  you can find detailed information on the progress and results of the expert’s research entitled The Best Time to Trade Forex.

The purpose and benefits of the Traders Union research

The purpose of the research by Traders Union’s experts was to determine the optimal times for trading in the Forex financial market. The benefit of the research is to provide traders with up-to-date and truthful information on what days of the week and times of the day are the best to make trades on Forex to maximize income with minimal risks.

Main questions considered in the study

The Traders Union experts reviewed and answered the following questions:

  1. What are the best times to trade Forex?
  2. How does the time of the day affect market volatility?
  3. How does the time of day affect the liquidity of major currency pairs?
  4. What days of the week have the highest volatility and liquidity?
  5. What days of the week are optimal for making trades on Forex?

Methodologies and protocols used by TU’s experts 

During the course of the study, the financial analysts and Traders Union experts conducted a global social survey of practicing traders over 18 years old, in which 2,000 people took part: 81% were men and 19% were women.

The survey was conducted through an email questionnaire, which took place in March 2021 and lasted two working days. The respondents were provided with questionnaires in English and German.

Respondents were categorized using the following parameters:

To obtain the most relevant and reliable information, the survey was carried out based on a comprehensive questionnaire among experienced and successful traders. The list of respondents was formed according to the following parameters:

Parameters Details
Trading experience 10+ years 5-10 years3-5 years1-3 years1 year
Average monthly growth of the deposit Up to 15%Up to 10%Up to 5%Up to 3%Up to 1%
Trading strategies Long term,Intraday

Other information studied by the Traders Union experts during the research?

As part of the study, the financial experts at Traders Union additionally studied and analyzed the following statistical data:

  • Schedule of the main trading sessions.
  • Overlapping trading times of the main trading sessions.
  • Market volatility at the intersection of trading sessions.
  • Liquidity of currency pairs on the example of the EUR/USD chart.

Conclusion

The results of a comprehensive expert study by Traders Union refute the anecdotally-based hypothesis existing in open sources that the best days of the week to trade in the Forex market are Thursday and Friday. Based on the studied statistical data and a sociological survey among experienced traders, the most optimal days and times of the day to conduct trading operations on Forex were identified.

On the “Best Time to Trade Forex” page, you can review and download the complete results of the research conducted by the experts at Traders Union.

Join Traders Union. Become a member of the world’s largest community for traders, and get more expert information on the financial markets for free!

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