Below is what happened in a week in Expats Finances, as reported on iExpats and from other places across the web.
From iExpats.com:
- FATCA Final Rules Released By IRS
FATCA final rules compelling more than 300,000 foreign financial institutions (FFIs) to reveal details of US taxpayers who hold accounts have been published
- Singapore Is The Best Place In The World For Business
Singapore is the world’s most dynamic economy and one of the best places to do business, according to new research.
- Why Japan Is Yearning For A Weaker Yen
Japan has plunged back in to recession and experts predict the nation’s economic prospects are disappointing for a once great world trade power.
- Russian Leaders Openly Row Over Economy
Disagreements over how to best boost Russia’s failing economy is being played out in public between political heavyweights and the country’s central bank
- Expats Miss Out On British Oil And Gas Job Boom
The world’s booming oil and gas industry has led to steady flow of British workers moving overseas for bigger pay packets – but they could miss out on a jobs bonanza at home.
- Pensioners See Biggest Annuity Rate Drop In 14 Years
The income prospects of retirement savers are not looking good as research reveals annuity payments have slumped in 15 out of the last 18 years.
Financial News From Around The Web
Big U.S. Banks Unprepared for Growing Wave of Cyber Attacks – Motley Fool
Triple dip recession looms as GDP shrinks by 0.3% – ITV News
Bad Apple? The tech giant has become a victim of its own success – The Independent
Exxon reclaims most valuable company tag – The Telegraph
New oil and gas reserves found in Turkey – Trend
Ten things you need to know about FATCA – Financial News
HSBC bank begins ex-pat personal account closures – BBC News
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