As many leading offshore savings providers announce the cessation of their account offerings, where can you find the best returns for your offshore wealth and why are fewer accounts being offered anyway? What’s going on offshore?
If you’re thinking about moving abroad within the next six months and you want to buy or start a business abroad, the producers of a brand new TV programme want to hear from you and they want to help you make your dream become a reality
A guide to finding the right country for you to retire to based on your own personal affordability criteria
Counting down from 6 to 10 we review the rest of Mercer’s top 10 list of the best cities in the world to live in for expatriates looking for a good quality of life. We review Dusseldorf, Frankfurt, Munich, Bern and Sydney and look at the pros and cons of life in these cities for expats
We bring you a fresh batch of tried and tested countries that offer the perfect blend of affordable cost of living and high quality of life for anyone looking for a cheap place to retire to abroad
The Mercer quality of living survey has been published and we review the pros and cons of living in their top 10 rated cities in the world – in this article we cover the top 5 of Vienna, Zurich, Geneva, Vancouver and Auckland
Offshore savings account holders may be interested to learn that initial first-quarter growth estimates for the US economy have been revised down.
Figures released by the Commerce Department revealed expansion of three per cent during the first three months of the year, rather than the 3.2 per cent the organization had previously claimed.
Naroff Economics Advisers president Joel Naroff warned the sluggish pace of the recovery is "not going to bring a lot of smiles", adding: "At this pace of economic growth, it will take a long time to bring the unemployment rate down to more reasonable levels."
The number of adults out of work in the US remains high, after increasing to 9.9 per cent in April, with a total of 15.3 million Americans currently jobless.
Earlier this week, research carried out by the National Association for Business Economics predicted economic expansion of 3.2 per cent in 2010 and 2011, revised upwards from an earlier forecast of 3.1 per cent.
Written by Chris Moore
Have you thought about moving abroad to live and work – to advance your career or achieve a better work/life balance? But where are the most job opportunities in your professional sector and where should you be looking to find work overseas?
Savings account holders have learned a new poll has suggested that economic optimism in America has taken a tumble.
Research organization Gallup revealed its economic confidence index fell by five points last week, after improvements in April and the early part of this month, despite Confidence Board figures hinting at a financial upturn.
Gallup suggested American consumers are still anxious about global financial worries and their impact on Wall Street, adding: "All told, current consumer and investor psychology is extremely fragile. Memories of late 2008 and early 2009 are still fresh in consumers’ minds."
The firm warned markets should take care not to base decisions on "out-of-date" economic data and hinted that an imminent consumer optimism survey carried out by Reuters and the University of Michigan may already be inaccurate.
Last week, minutes from a Federal Reserve board meeting held in April were published and hinted that interest rates may be held between zero and 0.25 per cent for some time to come, due to persistent concerns about the worldwide economic recovery.
Written by Chris Moore
International savings account holders have been told American shoppers have gained confidence this month, according to a new survey.
Research carried out by the Conference Board pushed its consumer confidence index up to 63.3 from April’s revised figure of 57.7, driven by growing perceptions of an imminent improvement in US economic conditions.
In a statement, Conference Board director Lynn Franco said: "Consumer confidence posted its third consecutive monthly gain and, although still weak by historical levels, appears to be gaining some traction."
Although the overall index, which also tracks business conditions and the jobs market, has been improving since hitting its all-time low of 25.9 in February, it remains below the reading of 100 that would indicate the American economy is experiencing solid growth.
Earlier this week, the National Association for Business Economics predicted expansion of 3.2 per cent during 2010 and 2011, with consequent falls in both unemployment and inflation.
Written by Charles Mackay