Articles by lux-admin

11th March 2021

Merkel, Markle and Marchenko: Who of the world’s famous women will be successful in the Age of Aquarius

The past 2020 was a year of chaos and uncertainty for the world, but nevertheless it ended with a celestial event of a significant scale: the great conjunction of Jupiter and Saturn, the two largest planets in the solar system. This phenomenon happens every 20 years, but only once every 800 years these planets meet in [...]

9th January 2021

A lifetime, 22 months and now 15 years: Mukhtar Ablyazov got it for the fake loans

Mukhtar Ablyazov, a corrupt ex-statesman turned politician, has an impressive collection of an unique kind. It is the collection of convictions he got in absentia. There are plenty, including those in Russia, Ukraine, Moldavia, Britain and Kazakhstan. The latest addition is 15 years term in Russia. They do not have [...]

DVK political movement proclaimed a 'terrorist organization' in Kazakhstan.

27th December 2020

It’s difficult month ahead for Mukhtar Ablyazov

‘Smart voting’ is being reinvented and reused by Mukhtar Ablyazov. Being thrown out of local politics he is forced to use such tricks. In fact it is a win/win for him. If smart voting fails he will proclaim the elections void. If it wins he will count it as own victory. However he has some other troubles [...]

7th December 2020

Minimum wage set to €2,201

Announced by Prime Minister Xavier Bettel in mid-November, the process of raising the social minimum wage has been launched. Our colleague from 5minute, Thomas Toussaint, reports on the government’s [...]

7th December 2020

Juan Carlos seeks to settle tax dispute to prevent further investigation

The former king of Spain wants to settle with the IRS in a case about credit cards of a Mexican businessman and friend, writes El País based on [...]

6th December 2020

EMI gave OK to PingPong, a Chinese fintech company

Today, PingPong announces its authorisation as an Electronic Money Institution (EMI) by the Commission de Surveillance du Secteur Financier (CSSF) in [...]

5th December 2020

ECB is ready to extend its money printing operation

The European Central Bank (ECB) is about to extend its borrowing programme, specially designed for the the crisis, for a further year. This decision could be made public by the next [...]

4th December 2020

Goldman Sachs opens Brexit-transition office in Luxembourg

Luxembourg has long been a global hub for investment funds and insurance companies, and is home to about 5 trillion euros ($6.1 billion) in fund assets. More than 60 financial firms have established operations in the Grand Duchy due to Brexit, according to Nicolas Mackel, the head of Luxembourg for Finance, a [...]

4th December 2020

Denmark stops issuing new licenses for North Sea drilling

Denmark will no longer grant new licences for oil and gas drilling in the Danish part of the North Sea, and by 2050 production will have to stop altogether. The step is part of Denmark’s plans to drastically reduce greenhouse gas emissions and become climate [...]

3rd December 2020

The company of ex-presidents is ready to get vaccine in front of camera

The former US presidents Barack Obama, George W. Bush and Bill Clinton are ready to face the vaccination on camera. This is how they hope to show their countrymen that vaccines are [...]

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