Australia’s inflation yesterday has shown signs of a continued struggle to drop quick enough, with inflation mainly boosted by higher petrol prices, adding further fuel to the Interest Rate question for The Reserve Bank of Australia. So far, The RBA have left their rates unchanged at 4.1% for the past four months, but prior to the inflation release, markets were pricing in a one-in-three chance that rates would be raised to 4.35% in their next meeting on the 7th November.
The pound edged up against the euro, shaking off data that showed the UK labour market lost more steam in August and business activity deteriorated this month as an economic survey for the euro zone was even worse.
UK expats who have lived abroad for many years often remain UK-domiciled and therefore liable to UK Inheritance Tax (IHT). The rate of this tax might be considered penal.
A recent survey conducted by Portugalist.com among more than 300 prospective expats reveals that Portugal's announcement that it will end its Non-Habitual Residency (NHR) tax regime could have a significant impact on their decision to move to Portugal.
From the Cayman Islands to the United Arab Emirates, various nations are competing to entice international professionals and investors with appealing tax regimes. Portugal and Spain had been two of the most favorite Mediterranean regions for this reason. But now, the landscape is changing.
Throughout this week both GBP and EUR have outperformed the USD, until Thursday afternoon. Strong inflation data was released for the US and the trajectory for a potential further rate hike from the Federal Reserve is back on the table, at least that’s the market census for now.
The petrochemical industry is a vast and dynamic sector that plays a crucial role in the global economy. It encompasses the production of a wide range of chemical products derived from petroleum and natural gas, with applications spanning from plastics and fertilizers to pharmaceuticals and textiles.
Over the past few years, the realm of cryptocurrency has undergone a transformative journey, transcending its origins as a specialized idea to become a ubiquitous global phenomenon.
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