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For Aussies: Alternative Australian Share Brokers to Commsec
Some of the Singaporean Banks (UOB, DBS) and stock brokers (DBS Vickers and others) can work if you have a decent sized portfolio and are Thai Tax resident (spending more than 180 days in Thailand, and not a US citizen or resident). Does require you to have a Thai tax TIN. Otherwise, International Brokers and the like are best (but many don't allow trades on the ASX). -
156
US banks refuse Trump's business
True, and not a single pamphlet made by the KKK either. Not one! -
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EU Spanish Shock: Muslim Festivals Banned from Public Places!
Obviously we don't want a situation like in Kuala Lumpur where you can't sleep because of some muezzin calling you without mercy to praise Allah. However, to ban muslims from celebrating in public places seems narrow minded and self-centred. Maybe a happy medium can be found? The Catholics get 3 Kings in January and the Muslims get Christmas in December? -
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Oh My, Andy, is That You Being a Naughty Boy in Thailand?
Koo - Coup. No connection other than a sorry pun. Sorry! -
156
US banks refuse Trump's business
"Bank of America, the second-largest US bank, had restricted lending to companies that make assault-style guns used for non-military purposes, following shootings at a high school in Florida in 2018. Citigroup also announced its own set of restrictions for clients selling guns that year. Bank of America went on to loosen its gun restrictions and made similar changes to its energy-lending policies, including dropping a blanket ban on financing for Arctic drilling. Then in June, Citigroup ended a seven-year policy that placed restrictions on firearms sales by its retail sector clients, citing recent legislative developments and concerns over access to banking services." https://www.businesstimes.com.sg/companies-markets/banking-finance/trump-signs-order-targeting-banks-over-political-discrimination It's true, big banks do discriminate based on their ideology. I have seen Bank of America advertise for "Pride" events and fly the Pride flag at their locations. I have never seen any Christian or anti-abortion material at the Bank of America. -
95
EU EU civil war erupts as Italy's Giorgia Meloni explodes!
I'll admit to personal interest and bias, but I just couldn't - and still can't - see the economic benefit of being outside of the Single Market and Customs Union. In addition, the idea - implied, if not directly stated by many on the 'Vote Leave' side - that a medium-sized country such as the UK could dictate the terms of any agreements with behemoths such as China and the US was, being generous, naive. It's a truism to say that member states of the EU delegate some sovereignty to the EU and that (very) occasionally, countries are forced to enact laws against their wishes. However, such examples are few and far between, not least because the policies and strategies of the EU are agreed in advance by the European Council (the group comprising of the Heads of government of the member states). I'd agree that some of the smaller states might be 'railroaded' into accepting a policy direction that they might disagree with, but that would not apply to the UK as it was one of the three 'big' players. In effect, the UK - along with France and Germany - had the power to veto EU policy at the initiation stage if it wanted to. So while sovereignty was a theoretical issue, I don't think that it was necessarily that much of a practical problem. I think that the likes of Sir Jacob Rees-Mogg promised a bonfire of EU legislation. I'd suggest that there are three possible distinct, though not mutually exclusive, reasons for this not happening. Firstly, the realisation that some - the vast majority perhaps? - inherited EU law is, in fact, useful and should be retained. Secondly, that any 'bad' laws are not easily identifiable (and therefore, not that 'bad' perhaps?) and, thirdly that those in favour of retracting these 'bad' laws have little idea of how to go about this practically without vastly increasing the already large number of civil servants. Is/ Was that ever a practical objective? I don't think that there's much evidence to suggest that the Benelux countries and Italy are afforded higher status and/or privileges compared with other members: France and Germany - as the two biggest powers - certainly have more influence. 2015: I assume that you are referring to Merkel refusing to offer concessions to Cameron? She was probably acting as spokesperson for the other members 2019: I assume that this relates to the Brexit negotiations? Imo the EU held all the cards and it was inevitable that it would dictate the terms of any agreement. The (understandable) attempt by the UK to drive a wedge between the member states e.g. by playing on the threat to Ireland of a possible breakdown in the 'Good Friday' Agreement failed. Poor and weak leadership: Maybe. I'm not a fan of VDL, but I think that Šefčovič is very impressive. Wastefulness: Imo it could be a lot more efficient. Bad policies: Well, if so I think that the member states are to blame. They dictate the direction for EU policy. Fading Economies: Europe is declining as both an economic and political force. I'd suggest that the EU - the sum being greater than the parts - has actually slowed this decline, rather than accelerate it.- 1
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