UK Non-Dom Residents Brace for Second Brexit-Style Tax Shock
Recent discussions surrounding tax policy reform in the United Kingdom have prompted significant concern among non-domiciled residents. These individuals, commonly referred to as "non-doms," are increasingly wary that proposed changes to taxation laws could yield a financial blow similar to the economic upheaval experienced during the initial Brexit transition. With the impending adjustments threatening to elevate their tax liabilities substantially, many non-doms are now seeking clarity and potential avenues to safeguard their financial futures.
Continue readingIsrael is Downgraded by Moody’s Again as War Takes Economic Toll
Moody's cut the outlook for Israel's economy for a second time on Tuesday, citing the continuing drag of war on the country's economic wellbeing. The move reflects increasing concerns over how well Israel can manage its national accounts as it fights a conflict that drags on and damps economic activity.
Continue readingIndia Maintains Borrowing as JPMorgan Inclusion Fuels Debt Demand
India is sticking to its borrowing targets, taking advantage of its unusually high demand for debt after the country was included in the influential JPMorgan emerging market bond index. The country's debt is in high demand since it's poised for a windfall from its inclusion into the index, which attracts a broader swathe of global investors.
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