Shanghai floats junk bonds to ease credit problems
Beijing has green lighted private companies to issue junk bonds to raise capital in a bid to bolster flagging output. Even though China’s GDP has
Singapore tops the world rich list again
Singapore has more millionaires as a percentage of population than any other country for the second year running. The country has 188,000 millionaire households with
Expats flood to emerging markets to find work
The modern industrial revolution led by emerging economies is drawing workers overseas for jobs and money, according to a new report. Just as workers left
Australia is favourite choice for more than 1m British expats
Australia is the favourite destination for British expats, with a third of the estimated 5 million Brits living overseas opting to move Down Under. Behind
EU inflation down despite higher prices for fuel and housing
Europe Union inflation dropped 0.2% to 2.7% in April, according to the latest figures from Eurostat, the EU’s official statistics agency. Figures for the Eurozone
Bahrain banks hold expats hostage over unpaid debts
Expats in dispute with banks in Bahrain over loan or credit card debts are held hostage with a travel ban that stops them leaving the
Euro voters rebel against austerity regimes
The tide is changing in Europe as voters rebel against tough austerity budgets and look for new leaders to ease their financial woes. In two
Energy and food costs push up OECD inflation
Inflation increased by an average 2.7% across the countries in the Organisation for Economic Co-operation and Development (OECD) in the year to March 2012. The
France changes focus from austerity towards growth
By electing Francois Hollande as their first socialist president in decades, the French people have made a clear decision to put growth strategies over Sarkozy’s
Greece to leave the euro?: thinking the unthinkable
A year or two ago, the official line from policymakers and economists in the EU was that Greece would stay in the Eurozone forever. It
Oil price boost triggers growth for Gulf economies
Gulf economies expect to pile on growth of more than 5% in 2012 while most of the rest of the world languishes in the downturn.
Spain is in a double dip recession
It’s official. Spain is suffering from a double dip recession. The figures for the first quarter of 2012 show that Spain’s economy contracted by 0.3%
IMF pledges more support for the Eurozone
After a round of pledges from some of the countries that back it, the International Monetary Fund has confirmed that it has an extra US$430
Expat IT girls go global with support group
Here come the girls – 10,000 of them who have signed up for a professional ex pat network for women working across the world in
