Holding falling cryptocurrencies nullifies their fiscal value as a shield in Spain

The tax system allows compensation for capital losses to reduce the payment of taxes on savings. The lack of tax culture prevents taking advantage of legal benefits by not closing declining positions. The collapse in the cryptocurrency market does not necessarily imply a pause in obligations to the treasury. While thousands of investors in Spain … Read more

Lufthansa pilots strike for two days, cabin crew will also strike

Pilots at Germany’s major carriers Lufthansa, Lufthansa Cargo and subsidiary Eurowings began a 48-hour strike on Monday morning. The airline is also facing work disruption for cabin crew just after the pilots’ strike ended. Lufthansa is struggling to negotiate terms with both the pilots’ trade union Vereinigung Cockpit and the UFO Cabin Crew union, which … Read more

Electoral earthquake: Hungary vote triggers setback for Putin and Trump

Hungarian voters on Sunday ousted long-serving Prime Minister Viktor Orban after 16 years in power, rejecting the authoritarian policies and global far-right movement that he embodied in favor of a pro-European challenger in a bombshell election result with global repercussions. It was a stunning blow for Orbán — a close ally of both US President … Read more