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The international differences in ‘de-banking’: How the US, UK, and EU handle risk

The international differences in 'de-banking': How the US, UK, and EU handle risk

Bank Account Closures and Political Ramifications Imagine waking up one day, logging into your bank account, only to find it frozen. Your card doesn’t work, standing orders are halted, and savings become inaccessible. There’s no fraud alert, just a message saying: “Your account has been closed. Please seek alternative arrangements.” This scenario isn’t as far-fetched […]

Court permits Trump to reduce $2 billion in international aid

Court permits Trump to reduce $2 billion in international aid

Appeals Court Allows Trump to Withhold Foreign Aid A federal appeals court ruled on Wednesday that President Trump is permitted to withhold $2 billion in foreign aid, reversing a prior order that had blocked the administration’s intent to cut funding through the U.S. Agency for International Development (USAID). In a decision split 2-1, a judge […]

Orsted’s stock falls 30% as international trade takes center stage

Orsted's stock falls 30% as international trade takes center stage

European stocks are mixed European stocks closed with mixed results, as the regional Stoxx 600 index increased by 0.06%. In London, the FTSE 100 was up nearly 0.4%, while France’s CAC40 decreased by 0.6%. Meanwhile, Germany’s Dax dropped about 0.4%. The world’s largest sovereign wealth fund is cutting investments in Israel Norges Bank Investment Management, […]

Colleges are experiencing financial setbacks due to a decline in international student enrollment.

Colleges are experiencing financial setbacks due to a decline in international student enrollment.

An education consultant has indicated that this upcoming academic year may feel rather ordinary as universities grapple with financial challenges stemming from losses in international student enrollment. The situation is notable as many prestigious institutions have begun offering spots to students who were initially on the waitlist. It’s being reported that, unusually, discussions regarding waitlists […]

My Collection of Cards for Recent International Trips

My Collection of Cards for Recent International Trips

My Card Hidden Places for My Latest International Travel Recently, I flew about 40,000 miles in July for work, which is quite a lot. I’ve got several credit cards in my wallet (you might have seen my July update), and I thought I’d share the ones that have been my go-tos on these travels. As […]

US legislation could eliminate tax benefits for international students on OPT

US legislation could eliminate tax benefits for international students on OPT

Proposed Changes to Immigration Bill Targeting International Students There’s a new immigration bill making waves in the US Congress that could ultimately remove long-standing tax exemptions for international students involved in the Optional Practical Training (OPT) Program. This proposal, part of the broader Dignity Act of 2025, would hold foreign graduates accountable for social security […]

Tax officials explain circumstances for international employees.

Tax officials explain circumstances for international employees.

Tax Guidelines for Hiring Non-Resident Workers in Portugal On July 30, the IRS department provided insights on its website regarding how businesses in Portugal should approach hiring non-resident workers, specifically those classified under the self-employed category. The tax authorities clarified that, according to the IRS code, any income earned by non-resident self-employed workers is considered […]