Friday, December 13, 2019
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David Vaughan

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I began covering the global markets as a freelance writer in Dubai at the precise moment that half of the Emirate were forced to down tools and get the first plane home. It was, to say the least, an interesting time. I have witnessed the Middle East financially fold and somehow come back from the brink and I’m still here six years later. I look at the Asian, US and European markets too and provide analysis and thought on developments as they happen.

Over 50s Forget To Make The Most Of Their Pensions

Only a third of workers heading for retirement have reviewed their pension planning in the past four years despite a raft of radical new measures announced by the government. Pension changes have come think and...

Fed Puts US Rate Rise On Backburner

Worries about interest rate rises in the United States may have been put on the back burner by the Federal Reserve. Minutes of the latest open market committee meeting cite concerns about the strengthening dollar...

New Research Profiles Private Pension Savers

Nearly half of all workers do not have any private pension savings, according to new data from the Office of National Statistics (ONS). The study looks at 2010-20132 and reveals 45% of men and 49%...

Smart Cities Lure Companies With Slick Services

Smart cities are the population and economic hubs of the future and will vie with each other rather than countries. Around half the world’s 7 billion population already live in cities – and this number...

Financial Problems Force More Pensioners To Go Bust

More pensioners are going bust because of low annuity rates and poor interest on savings. Insolvencies among the over 65s have soared by more than a fifth in the past four years, says accountancy firm...

Is FATCA Really Making Americans Give Up Passports?

It’s time the myth that the controversial US Foreign Account Tax Compliance Act (FATCA) is forcing Americans to renounce their citizenship in droves, was addressed. Campaigners protesting about FATCA claim the new law that requires...

HMRC To Plug Tax Avoidance Scheme Loopholes

HM Revenue & Customs (HMRC) is plugging tax avoidance loopholes to stop the wealthy and celebrities from hiding their cash. Disclosure of Tax Avoidance Schemes (DOTAS) rules were introduced 10 years ago with the aim...

Travel Cover Is No Good For Expats In Emergencies

Expats are unlikely to find travel or holiday insurance cover as a cure for the ills if they have a medical emergency while living overseas, according to industry experts. Travel insurance is aimed to cover...

35,000 Brits In Trouble Helped Out By Consulates

Thousands of British expats and travellers behaving badly or in trouble abroad called on embassies and consulates overseas for help last year. Astonishingly, just 20 countries accounted for nearly three-quarters of all the cases. The Foreign...

New Player Offers Buy To Let Mortgages For Expats

British expats who want to make some money from investing in buy to let from overseas have a new lender in a dwindling market. Few lenders offer borrowing to expats because someone living overseas fails...

Gaza Rocket And Air Strikes Warning For Expats

Expats and travellers in Israel and Gaza have lost the chance for local British embassy staff to give them assisted passage out of the war-torn zone. As Palestinian missile strikes and answered with jet fighter...

Burned Out Bankers Miserable Over Dead End Jobs

Dead end jobs are blocking the career prospects of one in four finance professionals in the Middle East who want to switch jobs as a result, claims a new survey. Thousands of workers are sitting...

Unexpected Cost Of Childbirth For Expat Couples

Pregnancy and childbirth in one of the last things factored into the costs of medical cover by expats – but even a straightforward birth can lead to huge medical bills. For European expats who have...

Mining Profits Buried In A £166 Billion Hole

The global mining industry fell into a £166 billion hole last year as the market values of companies collapsed. Profits were also rocked – falling by nearly three-quarters to £12 billion. The figures were also skewed...

Egypt Terror Alert As Bomb Blast Kill Tourists

British travellers are warned to stay away from the North Sinai in Egypt due to alerts that terrorists are planning more attacks. The Foreign & Commonwealth Office (FCO) urges all British expats, business travellers and...

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