Live in Profit

The Guilty Get Rewarded

2010 looks like it will challenge humankind to the end. Everywhere are reports of hardship, from the humanitarian crises in Pakistan and Haiti, mudslides in China and the global recession have touched everyone – success, good health and progression are rare. Times like these remind us all of the importance of a rainy day fund, whilst governments... Read more of this article

Friday, 12 February 2010

Global The past week has been dominated by Greece’s debt crisis and attempts by the EU to help them out of it. Greece switched its currency, the drachma, to the Euro in 2001 and gained a seat at at the big boys table in the financial markets. Overnight investors saw stability (Euro, Germany, France) where yesterday they saw risk (Greece, drachma).... Read more of this article

Dubai World’s Debt

Dubai World, the holding company in charge of developing Dubai’s premier tourism and housing projects such as The World Islands and The Palm Islands is yet to confirm how it will repay $59 Billion in debt that it owes creditors, $22 Billion of which it has delayed repayments upon and needs to “re-schedule”. In laymans terms, they need more... Read more of this article