As cannabis is legalized in more places, investors are taking note. One Luxembourg-based, Uruguayan-led fund has found an innovative way to bypass banking obstacles and raise capital.
Tag: luxembourg
Tiny Luxembourg is taking a leading role in devising the laws necessary to regulate the business of space exploration.
The tiny European country has improved its position as a post-Brexit business destination by reforming its fiscal rules and digital environment.
Anyone can make and sell a colorful, cube-shaped 3-D brainteaser with six twisting faces covered by nine square stickers — just don’t call it a Rubik’s Cube. The Luxembourg-based European Union Court of Justice weighed in Wednesday on an intellectual property case that has puzzled Europeans for years, with a formal recommendation that “shapes with […]
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Luxembourg, From Tax Shelter to Animal Haven
LUXEMBOURG — This tiny country has long been known for its unsavory status as a tax haven. But now Luxembourg may be on its way to forging a new title: as animal rights capital of the world. A new government bill aims to protect the “security and dignity” of animals, and recognizes that they possess […]
LUXEMBOURG – For Wolfgang Schäuble, the world is sometimes a pretty simple place. Cyprus, for example, just had the wrong business model. Those were the words the German Finance Minister used to explain the problems that that European Union island nation is experiencing now. According to Schäuble, the Mediterranean state counted too much on its […]
THE IRISH TIMES (Ireland), LA STAMPA (Italy), THE NEW YORK TIMES (U.S.A.) Worldcrunch DUBLIN – It’s such a simple system. You buy something and it is sent to you. What you don’t know is that the transaction is done through a company in Luxembourg that pays very little to the Grand Duchy and almost nothing […]
EUROSTAT (Luxembourg) Worldcrunch LUXEMBOURG – Unemployment in the euro zone remains at record high levels, with 18.2 million people out of work in the most recent count released Monday by EU statistics agency Eurostat. Compared with August 2011, unemployment rose by 2.1 million in the euro zone. The number of people out of work remained […]