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Finance News Articles
Katrina victims may be targeted again by scammers
As if Hurricane Katrina was not bad enough, the victims of last weeks hurricane have to be on the look out for unscrupulous scammers who are attracted to the billions of dollars of relief that will be poured into New Orleans.
Oil Closing In On the $65 per Barrel Mark
The US closes its embassy and two consulates in Saudi Arabia, one day before Britain and Australia rumours increased terrorist threat in the country.
Worldwide 2005 Cost of Living Survey
Mercer's survey covers 144 cities across six continents and measures the comparative cost of over 200 items in each location, including housing, transport, food, clothing, household goods and entertainment. It is the world's most comprehensive cost of living survey and is used to help multinational companies and governments determine compensation allowances for their expatriate employees.
China has revalued its currency
China has recently revalued its currency which has been fixed at 8.28 yuan to the US dollar for 10 years.
Due to the fact that china’s cheap currency gave it an unfair advantage over Western manufacturers they were continually under scrutiny form the world trade organisation.
