Austerity measures are drivi...

November 05, 2011

Although it is becoming increasingly difficult to avoid the taxman with offshore accounts, many Britons are now investing in offshore bonds in order to escape paying new penalizing taxes on pension pl...

Data from services sector pr...

November 04, 2011

In what is just one more market indicator that the economy is falling steadily, there are newfound fears that another recession is imminent. Recent data released by the Markit/CIPS Index shows that th...

Prime minister of Greece win...

November 03, 2011

In what turned out to be a gruelling day for the Greek cabinet, Prime Minister George Papandreou won the support needed for a vote at a later date on the referendum. Greece is unhappy with the terms s...

Greek government on verge of...

November 02, 2011

After nations of the EU met in Brussels and voted n favour of another round of bailout for Greece, the country is on the verge of collapse due to their reluctance to accept the terms of the agreement....