People are including pets in their financial plans

Well looked after ONE of Dianne Burns’ most important retirement plans involved a dapple-grey horse named Scout. The former forensic scientist had dreamed of riding once she stopped work. So it was a happy coincidence when she discovered that her financial planner—who advises clients on California’s central coast—loved horses, too. Thanks to precise financial modelling […]

Brazil is shaping up for a unique kind of financial crisis

RUDI DORNBUSCH, a renowned economist who died in 2002, said there were two sorts of currency crisis. The pre-1990s kind is slow. It starts with an overvalued exchange rate, which gives rise to a trade deficit. Foreign-exchange reserves are gradually run down to pay for it. When they are gone, the game is up. The […]

The Treasury Secretary’s hectic schedule after Lehman Brothers’ collapse illustrates the chaos of the financial crisis

Getty Images Saturday marks exactly 10 years since the collapse of Lehman Brothers, the biggest bankruptcy in the history of the United States, and the defining event of the financial crisis. The days after Lehman’s collapse were a frantic scramble to prevent the collapse of the whole financial system. At the heart of that scramble […]

Turkey’s central bank promises ‘all necessary measures’ to save its financial system amid lira collapse

The Central Bank of the Republic of Turkey (TCMB) has outlined a range of measures to bolster liquidity and support the financial system. The lira plunged as much as 10 per cent during the Asian markets trading session after a fall of 25 per cent against the US dollar last week — moves that rattled […]

Financial expert reveals the best way to save as much as possible for your pension

A recent report by insurer Royal London said that homeowners need to save a whopping £260,000 into their pension pot to have a ‘decent’ standard of living in retirement. That might sound a figure way outside of your reach – but don’t panic. The right planning goes a long way. Here are some of the […]

$160 million corruption scandal in Argentina roils its financial markets

Rolando Andrade Stracuzzi/Clarin via AP More than a dozen former Argentine government officials and business executives have been arrested in a large scale corruption scandal. The investigation is throwing Argentina upside down just as it gears up for economic recovery.  Watch the Argentine peso trade in real time here. Just as Argentina looked poised for […]