Friday, September 20, 2019
Home News

News

The Money International news section is a one-stop resource for those interested in the latest finance news.

Our core team of experts take you beyond the headlines to study the forces shaping the world’s finances.

The aim is to provide the impartial information you need to make relevant decisions about your future, by providing up to date reporting and analysis focused on fast moving world of finance – where it’s easy to miss breaking developments.

The emphasis is on stripping away the jargon to give you clear, concise, and correct information, as and when it happens.

Read the latest international business, financial and political news that concerns you and your money, wherever you are in the world. Providing breaking stories as they develop, and including comment and analysis from the experts on the Money International news desk.

Plunging oil prices have led Saudi Arabia to start withdrawing billions of pounds from international banks and financial markets to plug a record budget deficit. Saudi Arabia vies with the USA and Russia as the world’s biggest oil producer – each produces around nine to 10 billion barrels of crude...
US interest rates have gone up 0.25% for only the second time since the 2008 financial crisis. The official interest rate hike announced by Federal Reserve chair Janet Yellon doubles the former rate to 0.5%. And she warned three more rises were on the way in 2017. The nation had debated if...
May is traditionally the month for worker demonstrations and travellers and expats have been warned to be on alert for possible outbreaks of trouble in several countries. The Foreign and Commonwealth Office (FCO) publishes a daily updated list of warnings and advice for British citizens abroad. This week, the list includes...
British expats and foreign investors buying property with a company may soon have their identities revealed on a public register. Business minister Margot James wants more transparency to highlight the real owners of homes purchased with a company. She is proposing the world’s first public register listing the beneficial owners of...
President Donald Trump has told the world that the American dream is alive and thriving after his first year in The White House. But any detail was hard to sift from the unsupported claims in his annual State of the Union speech. The best Trump could manage was that the economy...
British Prime Minister Theresa May and EU chief negotiator Jean-Claude Juncker were all smiles over their Brexit dinner, but both refuse to budge as the talks to smooth the UK exit from Europe are locked in stalemate. Despite their hugs and kisses at the start of the meal, the cordial mood...
The latest in a series of increasingly regular and severe tropical storms has ripped through the Pacific leaving a path strewn with damaged buildings and casualties. Cyclone Pam’s 210 mph winds have ripped through flimsy shacks after carving a path of destruction across the islands of Fiji, New Guinea and...
Police in Thailand are cracking down on financial advisers who have steered expats into some dodgy investments. Following complaints from British expats, a number of firms have been raided and several people are under investigation pending trials for allegedly giving bad investment advice. If you are an expat with a valuable...
Buy to let rents are just keeping pace with inflation, according to the latest data. Landlords saw a 2.1% rise in rents for the year to the end of October, while the cost of living was up 2.2%. But the money paid by tenants varied widely across the country. Rents rose the...
The combined wealth of the world’s billionaires dropped by 7% last year - while the number of billionaires also tumbled by 5.4%. This is the only setback for the world’s richest families since the financial crisis a decade ago. Growing market volatility, trade tensions between the US and China and cooling...
Expats working in the USA earn an average 60% more than American workers, according to new research. Around 3 million expats move to the States on working visas each year, says a study by expat vehicle provider International Autosource. Despite earning high wages, sorting out their financial affairs is one of...
The Elvis Presley brand has been purchased by the Authentic Brands Group, the company that handles the image of Marilyn Monroe and Muhammad Ali. Whilst no price has been revealed, Elvis remains one of the world's richest entertainers. The sale gives Authentic Brands management over Elvis Presley Enterprises, which manages aspects...
Film director and foodie Michael Winner really seems one of life’s losers now that that his finances have unravelled after his death. Flamboyant Winner wined and dined at the most exclusive restaurants and spent an annual £90,000 holiday in the Caribbean. To most, he seemed to have all the trappings of...
Two thirds of expat job applications in the Gulf States contain deliberate errors that misrepresent the candidate to a future employer. A culture of telling lies on a CV means many employers do not find out about a candidate’s short comings until a contract has started, which can have financial...
Everyone will be tired of hearing about Brexit by the time Britain decouples from the European Union in March 2019. Brexit polarises opinion but is also the biggest political upheaval for decades that will infiltrate everyone’s life in some way. Leaving the EU has already impacted on law-making in Britain and...