Ever thought about e-commerce or a business where you would like to be paid by credit cards, but been put off by the complications involved? Lots of companies on the web now offer “offshore merchant accounts” but you will find they are limited to e-commerce sites where customers purchase directly online (the Global Nomads site […]
The Egyptian government has requested mobile phone companies to block the access of several hundred thousand customers who did not register their names and addresses when they obtained mobile phone service, according to an article published here. The order was made as a “public security measure” to suppress public frustration amid rising prices and low […]
Like so many things in life, the world of offshore banking is in a constant flux. Hence, you are well advised to keep up with what’s going on - and take care to review news and experts’ opinions that aren’t feeding the mainstream media alone all the time! Here, too, thinking outside the box is […]
A worrying but informative article by Carrick Mollenkamp (Wall Street Journal, April 16th) about how “one of the most important barometers of the world’s financial health could be sending false signals.”
LIBOR, the London Interbank Offered Rate, is becoming unreliable because, so the article speculates, banks are sending in false reports. In other words, banks are […]
What a topsy-turvy world we are living in?!?! The US Dollar is hovering at or slightly below parity to the Swiss franc, gold’s breached the $1,000 per ounce mark, stock markets are crashing, and inflation is accelerating everywhere. Some central banks - the more responsible ones - have increased rates, while Ben Bernanke keeps cutting.
This […]
Greetings to Nomads near and far:
“May you live in exciting times”
As Bear Sterns is being rescued by a bankrupt fed, we’ve decided to take a break from mainstream news and hit the road over the Easter break - nomad style. Your editorial team will be back blogging next week.
Someone pointed out that our list of […]
Many of our readers are making a killing in the gold markets at the moment. We were asked for a list of reputable gold dealers OUTSIDE USA jurisdiction. Well, here it is!
Gold & Silver Investments Ltd.
63 Fitzwilliam Square
Dublin 2, Ireland
…and
Tower 42, Level 7
25 Old Broad St.
London, EC2N 1HN
United Kingdom
Local Call Ireland: 1-850-GOLD-IE
UK phone: +44 (0) […]
Your Globalnomads editorial team have been reading with much interest the scandalous news from the Principality of Liechtenstein.
The German government have admitted paying “up to five million euros” for information stolen in 2002 from LGT Treuhand in Liechtenstein. LGT Treuhand is associated with LGT Bank, the chairman of which is Prince Philipp of Liechtenstein. LGT […]
“High taxes don’t redistribute wealth, they redistribute taxpayers.”
That’s what one of our friends said in reaction to the latest controversy surrounding the British government’s plan to introduce a new tax for resident but non-domiciled foreigners, a.k.a. tax exiles who use the UK as their business base almost tax free. (The UK is a great offshore […]
It can happen to anyone, it can happen to you, and not alone for driving under the influence, either: Your driving license gets revoked and you’re hit with a slew of issues, not the least being the additional costs this invokes - taxi-cab transportation, erratic air flight schedules, long nerve-wracking journeys by bus and train, paying through your nose for a personal chauffeur. But here’s a solution - get yourself a driving license suspension insurance from this Swiss company (est. 1985) to at least mitigate the financial pain.
