The list below is a collection of articles that refer to, mention or discuss USA.
A bank asked rich American investors to define want they thought it meant to be wealthy and the answer was not really what was expected. Rather than put a figure on wealthy, the bank customers said the really wealthy are people who can live their lives without any financial restrictions. They explained that this did … Read more
Questions are being asked about the slide of the Indian rupee against the world’s major currencies. Not long ago, the rupee was up around the 80 mark against the US dollar, but months of steady collapse have left the Indian currency hanging loose in the wind. Now, currency experts and analysts see little hope of … Read more
US property investors are turning their backs against buying at home and are increasingly looking for higher returns overseas. One research firm is saying that US investors are particularly interested in investing in shopping malls, offices and apartments – so much so they spent £1.7 billion on overseas real estate in the first quarter of … Read more
A European law compelling banks and financial institutions to reveal the financial details of their customers living in other European countries is a step closer after leaders said they would crackdown on tax dodgers. Using the controversial American Foreign Account Tax Compliance Act (FATCA) as a template, the European Union says they broadly support efforts … Read more
Money markets are reacting to hints from the Fed and Bank of England that record low interest rates may start climbing earlier than expected. Financial data has suggested rates were unlikely to change before the end of 2015, but the central banks may have other plans in mind. The fuse was lit by Ben Bernanke, … Read more
A major data leak revealing the offshore banking details of thousands of tax dodgers from 170 countries to the US, UK and Australia could be handed out to other nations for investigations. Tax administrators from the governments of 45 countries recently met up in Moscow and heard how three tax authorities had been handed the … Read more
Shale oil will boost the world economy by 2035 but the rush for black gold will have winners and losers, says a new report. Accountants PwC have looked into the prospects for shale oil production because of the huge impact the commodity is having on the US economy and found other countries would benefit too. … Read more
A bid to make tax evasion more difficult for rich people and corporations has taken a massive step forward as a slew of countries have signed up to a tax information sharing agreement. Growing numbers of countries are signing up to the OECD’s Multilateral Convention on Mutual Administrative Assistance in Tax Matters with 44 countries … Read more
Lawyers are predicting the end of banking secrecy around the world as increasing numbers of countries bring in legislation to satisfy voters angry at claims of companies and the wealthy dodging billions in tax. The moves are being led by the US with the Foreign Account Tax Compliance Act (FATCA) which forces financial institutions in … Read more
Expats have voted for their favourite destinations in a new global survey – and the US is the firm favourite while China languishes near the bottom. America topped two surveys out in the same week with the first, by pollsters Gallup, asking people around the world where they would love to live if given the … Read more