It rains in Santiago
THIRTY YEARS before the 9/11 in New York, there was also a 9/11 in Santiago de Chile: “It rains in Santiago” was the password for the military coup of Pinochet.
What goes down must go up – inflation!
THE WORDS “interest rates” and “inflation” are often mentioned in the same breath. Low interest rates can lead to inflation and monetary policy makers often cite inflation as one of
Tax efficient income drawdown
INCOME DRAWDOWN has built a significant share of the market for ‘retirement’ funds. According to Association of British Insurers figures, from a standing start in the mid-1990s, drawdown currently accounts
Donations
TAX CREDITS for charitable gifts for individuals are based on the ‘Estatuto de Mecenato’ (Patronage Statutes), which divides contributions according to the nature of the receiving charity. The amount of
Eight weeks and counting…
Are your tax affairs in order for the July 1 deadline? FOLLOWING a meeting of EU Finance Ministers in Brussels on April 12, the council announced that it was “convinced”
Globally warming to the weaker Dollar
BRITAIN IS in the grip of an election and yet traders in the foreign exchange market are doing the sensible thing and ignoring T Blair and M Howard in favour
Taking the middle road for a financially stable future
WE HAVE recently passed a noteworthy anniversary.Not a happy one, but one which is worth some reflection. On 10 March 2000, following an unprecedented stock market bull-run, the Nasdaq Index
Business briefs
General • The opening of Portugal’s residential electricity market could take eight to 10 months once the ERSE power regulator completes the regulations for the plan. Portugal has liberalised its
New rules to underpin the Euro
THE ONGOING Stability and Growth Pact saga appears to be over…for the time being anyway. Against the odds, EU finance ministers were finally able to reach a deal on reforming
Investment news
Fund managers favour equities A March survey by Merrill Lynch found that global fund managers are more bullish on equities than at any time in the past six years. The