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Daily Archives: February 3, 2011
Expat Investment News: How to stop currency fluctuations damaging your savings
Dramatic currency fluctuations in the last week should remind expatriate savers they need to take account of currency risk on their savings, writes Charlotte Beugge. Last week, when the bad news about UK gross domestic product was announced, sterling fell … Continue reading
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Tagged currency, exchange rate, expat, expatriate, fluctuations, saver, savings
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Expat Egypt News: One American woman’s diary under curfew
I am under curfew, banished from the streets after 4 pm. There’s still no Internet, which evokes mild withdrawal symptoms. Cellphone service is back after a day, when dusted-off landlines proved their worth. Mona, who lives in the apartment upstairs, … Continue reading
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Tagged American, diary, Egypt, expat, expatriate
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UK Expatriate News: Bank of England chief Mervyn King: standard of living to plunge at fastest rate since 1920s
Households face the most dramatic squeeze in living standards since the 1920s, the Governor of the Bank of England warned, as he reacted to the shock disclosure that the economy was shrinking again. Families will see their disposable income eaten … Continue reading
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Tagged cost of living, inflation, standard of living, UK, wages
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