1-5 of 5 results for subject:"Currency speculation"
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That this House notes that international currency speculation currently stands at about $1.5 trillion a day and that the vast majority of this is unrelated to trade in real goods and services; further notes that such enormous speculative flows substantially undermine the powers of national governments and regional blocs; believes that a small levy on such speculation, known as the Tobin Tax, after the name of the Nobel Laureate who originated the concept, could both help to dampen down the scale and scope of speculation and raise substantial revenues, raising as much as $250 billion each year for good causes such as development and environmental protection; recognises that such a levy would have to be universal or as near to that as possible and contain safeguards to minimise and eliminate tax evasion; notes that the Tobin Tax has the backing of the Canadian Parliament, the Belgian Parliament, the Finnish Government and campaign groups such as War on Want; and urges the Government to discuss the concept with its partners in international organisations such as the World Trade Organisation, the IMF, G8 and the European Union with a view to drawing up an internationally co-ordinated and feasible tax regime for currency speculation.
That this House notes that international currency speculation currently stands at about $1.5 trillion a day and that the vast majority of this is unrelated to trade in real goods and services; further notes that such enormous speculative flows substantially undermine the powers of national governments and regional blocs; believes...
To ask Mr Chancellor of the Exchequer, pursuant to his Answer of 7th December 2000, 359 c2W, to the honourable Member for Rochford and Southend East, on fiscal intervention, what the average price per ounce was of gold at each phase of the gold sell-off; what quantity was sold at...
To ask Mr Chancellor of the Exchequer, pursuant to his Answer of 7th December 2000, 359 c2W, to the honourable Member for Rochford and Southend East, on fiscal intervention, what the average price per ounce was of gold at each phase of the gold sell-off; what quantity was sold at...
To ask Mr Chancellor of the Exchequer, if he will make a statement on his policy towards EU-level investigations into price-fixing in currency transactions within the Euro-zone; and what estimate he has made of the level of mark up which has occurred.
To ask Mr Chancellor of the Exchequer, if he will make a statement on his policy towards EU-level investigations into price-fixing in currency transactions within the Euro-zone; and what estimate he has made of the level of mark up which has occurred.
To ask Mr Chancellor of the Exchequer, What discussions he has had with the World Bank about the introduction of a Tobin Tax on speculative capital movements. (Failed OPQ) - Ref to 2 June 2000, 351 c272-3W.
To ask Mr Chancellor of the Exchequer, What discussions he has had with the World Bank about the introduction of a Tobin Tax on speculative capital movements. (Failed OPQ) - Ref to 2 June 2000, 351 c272-3W.
(Pursuant to reply on 09.11.2000 at 356 c339W) To ask Mr Chancellor of the Exchequer, What was the cost to the UK of the intervention to purchase euros and the additional purchase of euros by his instruction to the Bank of England to sell gold. (Failed OPQ) - Inc figures.
(Pursuant to reply on 09.11.2000 at 356 c339W) To ask Mr Chancellor of the Exchequer, What was the cost to the UK of the intervention to purchase euros and the additional purchase of euros by his instruction to the Bank of England to sell gold. (Failed OPQ) - Inc figures.