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Smart Contracts, An Easy Way o Procure Transactions
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Trust is one of the core values in any business transaction, but not everyone honours their part of the agreement. A smart contract plays the role of automatically honouring business deals via a transparent platform. Buyers and sellers find confidence transacting over a smart contract to avoid any foul play. 


The Role of Technology in Smart Contracts

Blockchain technology has brought about a revolution in how business transactions are being conducted and especially those which traders conduct online without having any physical meeting. There exists a system where delivery of...

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Italy's Economy Recovers Despite Underlying Problems
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With forecasts of 1.5% GDP growth for the year, Italy's economy continues its gradual recovery after many years of struggle. The country saw a loss of around 9% of its GDP between 2008 to 2013 during the financial crisis. However, recent figures show a 0.4% reduction in unemployment as business confidence grows and Italy benefits from the general economic improvement across Europe. Yet for all the positive signs, structural issues still remain in the economy, which along with future political elections could have a negative impact.


Underlying Problems Remain

Italy's economy...

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How Predictive Analytics Disrupts the Status-Quo
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Among the emerging technologies which have gained widespread acceptance, and have the potential to cause significant disruptions, is predictive analytics. Predictive analytics measures and analyses variables, to unearth patterns, and predict the likely behaviour of machinery or people


How Predictive Analytics Works

The emergence of Big Data has fuelled the growth of predictive analytics. A data model for predictive analytics co-opts many variables likely to influence the outcome of an event. Predictive analytics software applies advanced algorithms and statistical...

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EU Blacklist Could Mean Paradise Lost
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The release of more data concerning the tax arrangements of multi-national companies and wealthy individuals has seen the EU endeavour to step up its efforts to reduce tax avoidance. The so-called “Paradise Papers” contain confidential information from the Bermuda law firm Appleby Group Services Ltd, and although they disclose legal tax arrangements, they are increasingly viewed as an unethical way to divert money which could have gone in to public coffers for spending on public services.


A Tax-Haven Blacklist

For the last year, the EU has been discussing a blacklist on...

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ECB Starts Roll-Back its Stimulus Programmes
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The European Central Bank (ECB) has started to reduce its monetary stimulus package, introduced as a means to help affected member-states recover from the sovereign debt crisis that struck them about a decade ago. 


Reduction of Monthly Bond Purchase Programms

As the first step in the roll-back process, ECB has decided to halve its bond-buying programme. From January 2018, the ECB will be buying only €30billion worth of bonds sold by Eurozone countries, on a monthly basis, compared to the present €60billion worth of monthly purchase. The bond-buying programme, launched...

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