by Jane | Sep 2, 2015 | Offshore News
You’ve probably seen the bad news regarding China’s flagging economy: slowing growth, devaluation of the currency, lackluster consumer demand, and a stock market in freefall despite (or because of?) government efforts to bolster its strength. The recent turmoil in...
by Jane | Aug 23, 2015 | Offshore News
You will hear “despite” intervention by the Chinese government, the stock market continues to fall. The word should be “because.” This isn’t a blanket statement against government monetary policy. There are times when intervention is...
by Jane | Aug 16, 2015 | Offshore News
Around and around we go. More aid. More cuts. More recession. Repeat. The ruling party in Greece and the country’s many creditors are close to a third bailout, which amounts to a temporary fix to an inscrutably long-term problem. Nobody is likely to be happy: not the...
by Jane | Aug 16, 2015 | Offshore News
There is always a lot going on across the global economy. But the last couple of weeks have seen more than usual, and I’d like to take this opportunity to examine recent developments and what they mean for your money. Two stock markets are in turmoil this week. In...
by Jane | Aug 15, 2015 | Offshore News
Ongoing problems in Greece, China in economic turmoil, and now … Puerto Rico? Puerto Rico is uniquely situated as a territory of the United States. In good times, this can work to the island’s advantage, receiving tax breaks and money transfers from the U.S. mainland,...
by Jane | Aug 13, 2015 | Offshore News
Another day, another devaluation of China’s currency. The renminbi fell 1.6% against the dollar on August 12, which followed a nearly 2% fall the previous day. Today, August 13, the renminbi fell another 1.1%, bring the three-day fall to 4.4%. Rather than a...
