Daily Wealth letter
a daily synopsis of the wealth news that’s most relevant, timely and dependable
Compiled and edited by Ian Brodie of The Wealth Forums (www.thewealthforums.com)
NUMBER 243 THURSDAY, JUNE 30, 2016
Alaska cuts size of oil payout
On Wednesday, Alaska Governor Bill Walker halved the amount of money residents receive from the state’s oil wealth, amid a multi-billion dollar deficit brought on by low oil prices and declining oil production. READ MORE: http://thewealthforums.com/
Half of MEA wealth in cash and deposits
Private wealth in the Middle East and Africa region is set to reach $11.8 trillion by 2020 – and the UAE, Saudi Arabia, and Kuwait’s contribution will account for 22.7% of that total, according to the annual wealth report by the Boston Consulting Group. READ MORE: http://thewealthforums.com/
Singapore lender gives London cold shoulder
Singapore’s third-biggest lender has suspended the issuing of loans for London properties and another has warned customers to be cautious, citing uncertainties caused by Britain’s Brexit referendum. READ MORE: http://thewealthforums.com/
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