Get the latest news and follow the coverage of breaking news events, local news, weird news, national and global politics, and more from the world’s top trusted media outlets. Perhaps the greatest irony of FATCA is that it grew out of the 2010 Act that was titled “Hiring Incentives to Restore Employment (HIRE) Act.” But instead of contributing to economic growth, FATCA has just put another regulatory and reporting burden on global financial trade, throwing a roadblock into the free markets that move money to where it gets the best risk-based return.
A stock market, equity market or share market is the aggregation of buyers and sellers (a loose network of economic transactions, not a physical facility or discrete entity) of stocks (also called shares), which represent ownership claims on businesses; these may include securities listed on a public stock exchange, as well as stock that is only traded privately.
The European Union, the world’s largest economy, has taken steps to keep the Energy Internet an open architecture by requiring that conventional power and utility companies unbundle their power generation from their transmission of electricity. By 2013, Google was fielding almost 6 billion searches a day, and enjoyed a market share of 67 percent among search engines in the United States, 93 percent in Germany, 89 percent in the United Kingdom, and 95 percent in France.