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Many wealthy people love to keep their money in banks, as they thought it’s more secure and guarantee. In this case, the famous Swiss Bank, UBS have been a favorite bank for the people from all around the world, as the money that being kept inside the Swiss Bank, UBS cannot be investigated by anyone else! This means, it’s highly confidential and voided.

However, there are more than 150 US customers of the Swiss bank UBS are suspect to be involved in the tax avoidance. The suspects are accused of hiding income and assets. The main purpose of this act is to avoid paying US taxes!


Hence, the US government and UBS have agreed to resolve their dispute over tax evasion, by enabling the US government to check the 150 suspected USB’s account holders!

As a country’s resident, it’s our duty to pay the tax. So, don’t think you can run away from the tax, as the government will track you down. Once they found you’re guilty, due to the tax avoidance, then you have to prepare for the punishment!
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In the business world, it’s a crucial factor to build up a great relationship with as many people as possible. You’re doomed to fail, if you trying to self-centered yourself, just like the North Korea did!

No doubt, that China has become one of the important forces in nowadays economy world. Many countries seem the opportunity and trying to engage a long relationship with China!

As the biggest force, the United States of America don’t want to fall behind, as they’ve agreed to shape a good relationship with China for the upcoming years.

Mr. Barrack Obama, the recently President of U.S., have mentioned that the relationship between the U.S. and China is going to shape the 21st century.


The US-China Strategic and Economic Dialogue had carried out, which is mainly focusing on the economic recovery for both of the countries and worldwide!

China Vice Premier, Mr. Wang Qishan described the opening up of China’s economy is a great opportunity for the U.S. to boost up their seriously affected economy back on the right track!

However, this cooperation is more on the economy niche, so don’t expect too much on it, unless U.S. and China has agreed to take the cooperation further in the near future…
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Many of the factories have been seriously affected by the recession, as the factories’ owners decided to freeze the workers’ salaries.

Well, in U.K., many workers work the works, but they’re not getting pay with the monthly salaries, as two-third of employers have been suspended salaries, from April to June!

Based on the EEF’s survey, the economic turmoil is giving a heavy bash on the U.K. manufacturing sector.

Many factories workers have been protesting about the unfair policy from their factory, and some of them even deciding to strike and show off their frustration!

The EEF described that it’s not the end yet, as they expect that average settlement levels in manufacturing will continue to fall until the end of this year!
Hang it there, guys. I’m sure you’ll be able to go through the toughest moment.
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Many shareholders are starting to suffer, when the company they’re invested didn’t gain any profit or having the bankruptcy crisis.

Today’s topic is focusing on the former Northern Rock shareholders, which have lost their appeal in the latest stage of their challenge to the government’s compensation plan!

The shareholders had already appealed their frustration against a High Court in February. The main purpose of the appeal is to refuse a judicial review of the fairness of the government’s scheme. They’re requested for a fair compensation.

For your information, the Northern Rock have nearly bankrupted in 2007, due to the unsubstantial credit crisis. After the unexpected crisis, it has been turned into a nationalize bank in February 2008!



When the bank has been nationalized, the government said that the subsequent valuation for compensation should be totally based on the assumption, which Northern Rock has nothing to do with it!

Because of the above incident, the former Northern Rock shareholders were pissed off and they’d decided to appeal the case to the High Court.

The bad news was the former shareholders had defeated in the appeal. However, the former shareholders said that they won’t give up and will fight for their rights!
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In the last few days, I’ve observed and figured out the main causes of the recession. Today, I would like to sum it up, why some companies/people are seriously hit by economic turmoil, while others seem to be fined or even profit from it!

Did you know that over 80 percent of the companies/people don’t want to face up with any financial issues in the early stage, as they thought it’s only a small matter and won’t cause any further problem. They’re starting to panic and helpless, when the things are getting out of control!

Like the old adage saying, “Never put all your eggs in the same bucket”. Hence, you cannot invest all your money into the business, as you must keep a portion of capital fund besides you, in case, there’s an emergency!

Plus, it’s a wise choice to put some of the money into the bank saving account, as your money is well-protected under the coverage of bank.

By the way, if you’ve any question with your online business, don’t hesitate to ask for help/suggestions from other experts. If you don’t mind, I would be glad to help you off from the misery. So, feel free to drop me an email, if you’re facing any difficulties in your business! I’ll try my best to assist you.
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India, the second most populated countries (Only after China), is currently struggling with the insufficient electricity supplies. If you’ve watched the Slumdog Millionaire, you noticed that up to 90 percent of the people who living in the Mumbai’s slums is terrible and horrific!

Honestly, most of the slums’ residents have no choice, but to choose between using their hard earn money to pay for foods or electricity!

Due to the extreme poverty, the residents would consider to steal power in the slums, since they cannot afford the high electricity bills payment. They knew it’s an illegal act and may cause them in trouble, but they’re taking the risk, as they don’t want their youngsters doing homework in dark!

Therefore, we’re a whole lot luckier than these people. In this case, we should learn to conserve the usage of electricity more efficiently.
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While most of the countries in Asia region facing the bad recession, South Korea’s economy has reported with the fastest economy growth in the past five and a half years!

Based on the gross domestic product report, the statistic has arisen 2.3 percent from the previous three months.

The South Korea’s central bank mentioned that the three factors, which as increased government spending, the aid for car buyers and the record of low interest rates have helped to boost up the economy!



South Korea’s total exports rose 14.7 percent in the second quarter, compared with the first quarter. It’s a really good sign of economy recovery for South Korea.

South Korea’s economy is regarded as the third largest in Asia region and 13th in the worldwide. Hence, it plays an important roles in the contribution, in either Asia or world economy progression!

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South Africa is one of the most rapidly growing countries in Africa’s continent. This country have been managed to achieve over 8 percent of GDP over the last few years.

South Africa’s recent President, Mr. Jacob Zuma is a very powerful and caliber person, which he had brought South Africa into a more stable development level.

By the way, he’d named the former deputy governor, Gill Marcus as the new governor of the country’s central bank. In this case, Marcus will replace Mr. Tito Mboweni in this November. Although Mr. Zuma had discussed with Mr. Mboweni for continuing his position as the country’s central bank chief, but he had refused Mr. Zuma’s request and decided to leave the position!

FROM



TO



For your information, Ms. Marcus served as deputy governor of the South Africa Reserve Bank from 1999 to 2004.

Mr. Zuma thought that Ms. Marcus would be the best candidate, as she’s a person that have a very unique personal views. By the way, Ms. Marcus is also the chairwoman of Banking Group Absa as well.

Mr. Zuma hopes that his decision will bring South Africa’s economy into another higher level.
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How many information do you know about Rolls-Royce? Well, most people know that it’s the famous car manufacturer, but they didn’t know that it’s also the pioneer in aircraft engine manufacturing niche as well!

Based on the current report, Rolls-Royce is planning to invest £300m in four new UK manufacturing sites. Meanwhile, the UK government will contribute £45m to the plans, as it’s to build a brand new casting facility for turbine blades and making components for nuclear power stations.



Beside that, Rolls-Royce said they’ve planned to open a new plant in Singapore in the near future. The new plant provides more than 500 new jobs to the Singaporeans.

According to the latest statistic from Rolls-Royce, the company had already employed 23,000 employees in the United Kingdom. The luckiest thing about it is until now; none of the employees has been fired, due to the bad economy condition!
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Well, guys. Today, I'm going to spread out some love here, by giving out free premium business cards to every Orblers and also my visitors...

Three days ago, Carrie, a friend of mine during high school, sent me an email. She told me that she got a set of 250 premium business cards with no zero, nada, nil charges!



At first, I was quite skeptical. However, I gave it a try and created a set of free sample. Guess what?! It's totally free, as Carrie said so lol

Therefore, I want to share this free stuff with you. Click on here and you're good to grab the free sample. Don't worry, no hidden conditions or string attach!

Go and grab it, while it's on stock, first come first serve...

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