There are more billionaires looking around anxiously for new places to hide their fortunes as more and more countries make changes to their bank secrecy laws and impose taxes on deposits over certain amounts. Although there are still countries that do offer favorable tax rates on large sums of money they are seen as parasites [...]
Yesterday the spaceship designed by Virgin Galactic that has been designed to carry six passengers went on a test flight which broke the sound barrier. Richard Branson believes that this breakthrough will change the opportunity for space orbital travelling by the end of the year. According to the article on Business Insider there are already [...]
The ability to move funds offshore for various purposes is becoming invalid, with a lot of countries lifting the secrecy laws on financial affairs regardless of whether or not the people involved with the accounts are citizens of the country or not, it is becoming easier for countries to spot the billionaires that have moved [...]
M-Shwari is the new banking application available to people in Kenya, which has grown rapidly in popularity over the last few months. The attractive features of M – Shwari include that there is no need to travel to the bank to submit documentation and then wait for days or weeks to find out whether or [...]
From today there are a group of 5000 Britonians who are going to be living on just £1 per day as they partake in the campaign by the global poverty project. The article I read on BBC gives some delicious recipes for meals which do not cost more than £1 and they are healthy too! [...]
Samsung has broken their recorded profit margins with the first quarter of 2013 thanks to sales of the popular Samsung Galaxy S3. Although the technology giant is going to be rolling out their Galaxy S4 soon globally, they have also had to stop access to their products for customers in Iran due to the sanctions. [...]
There is always a risk that the most popular innovation is going to land up becoming a huge white elephant, and this is what the Apple iTunes store seems to be at this point in time. Younger people are interested in having the latest singles, and although 99c is not a lot of money to [...]
The recent release of the first quarter results has generated confidence in the British economy again. Although there are some people who feel that the growth indicated in the figures is too new to become excited about, the growth could well be the turning point that the British economy has needed. As stated in the [...]
The US economy is often under scrutiny from investors and economy watchers all over the globe, with this there is also a lot of different opinions on what is being done right and wrong. There are also a variety of ‘facts’ some of which are true and others are just myths regarding the US economy. [...]
In this time of global economic crisis it is surprising when you find out that the federal government is wasting almost a million dollars a year on empty bank accounts! A bank account incurs fees whether there is money going into and out of the account on a monthly basis or not, so all the [...]