Saturday, December 14, 2019
Home News Page 3

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.

Global demand for gold from investors, consumers and industry stagnated in 2015, according to new research. Demand was virtually unchanged compared to 2014 – at 4,212 tonnes in 2015 compared to 4,226 tonnes the year before. Trade body the World Gold Council commented that the year might have been worse had...
Expats and visitors to Britain who are not entitled to free health care will have to pay upfront for their treatment. New rules aimed at stopping medical tourism will have to show identification proving they can have free care from hospitals, doctors, community health councils and NHS funded charities. If they...
The 1:12 campaign has captured the attention of the Swiss public in addition to Swiss lawmakers. The campaign is one of many aimed at relocating the nation’s wealth, somewhat, evenly amongst the nationals of Switzerland. This campaign in question is hoping to have their referendum approved and changing the pay...
Financial experts are warning voters to be careful which shade of government they wish for in the forthcoming UK general election. Voters are set to go to the polls in May, and each party is arguing how they will deal with the nation’s £1.4 trillion spending deficit – but analysts...
The economies of the Asia Pacific are booming so quickly that within 15 years more than two thirds of the world’s middle class will live in the region, according to new research. In contrast, Europe’s proportion of the global middle class population will drop by 14%. The figures are revealed in...
Contrary to the global view of many countries in Africa having the world’s poorest and least developed economies, wealth experts are expecting the number of multimillionaires on the continent to rocket over the next decade. Looking at the world’s richest people who have £18 million or more in net assets,...
Unless you are an expat checking in to one of the world’s most exclusive five star hotels, the most expensive way to spend a night is as a private hospital inpatient. An aging global population coupled with huge strides forward in drugs and technology mean many of us are living...
Greek Prime Minister Alexis Tsipras has pledged pensions and salaries will be paid despite bank cash machines starting to run out of cash. Displaying a siege mentality, he made a defiant speech to the nation that was aimed more at Eurozone finance ministers and the International Monetary Fund. He wants to...
Rents for luxury homes in the world’s leading cities increased by 4.8% last year, according to a new study from property experts. However, rents are inextricably tied to local employment markets – especially the number of jobs in finance and business. Despite showing a rise, rents increased at a slower rate...
The world’s rich are getting richer – and they are adding more money to their fortunes at a faster rate than ever before. Despite a challenging world economic environment, $20 trillion was added to the global cash pile in the past year. That took total global wealth up more than 8%...
Jamie Dimon – Chairman and Chief Executive of financial services firm JP Morgan – will be paid USD 20 million for his work during 2013, the company has revealed. Over the past year, JP Morgan has been involved with several high profile cases and probes relating to rigging and trading...
Bank of England governor Mark Carney’s grand plans for interest rates are another kick in the teeth for expats. The former governor, Mervyn King, did little to help retired expats on a fixed income by engineering the lowest official interest rate ever – 0.5%. The rate has sat at that level...
Wealthy sailors are gathering for the world’s largest super yacht show in the picturesque millionaire’s playground of Monaco. The showcase for some of the world’s most sumptuous and expensive attracts buyers and manufacturers from all over the world. Organisers promise this year’s show will turn Monaco into the global super yacht...
Housing markets across Europe are growing despite the stagnant economic growth posted by most countries – especially in the Eurozone. The latest official house price figures issued by Eurostat, the statistics arm of the European Commission, show that only three out of 29 countries have housing markets with falling prices. Average...
The feared US Foreign Account Tax Compliance Act (FATCA) is slowly cranking up to full throttle as tax authorities around the world have started swapping financial data. FATCA requires foreign financial institutions must tell the IRS about any accounts or investments controlled by US taxpayers. For US residents, the threshold is...