European Exchange Rates 2012 Update

Interestingly our original 2009 article on whether the Euro was overvalued discussed the chances of a Eurozone meltdown. At that time we were getting less than €1.20 to the pound.  Professor Hans-Werner Sinn, President of the International Institute of Public Finance, was quoted as saying that he felt the Euro was overvalued. Professor Sin was …

Saving Money When Travelling out of the UK

Travelling is often thought to be an expensive luxury. Many people let this thought keep them from getting out there and exploring this big, beautiful world. That is a shame, because there is no need to make travelling such an expensive proposition. There are many simple ways to make it much more affordable. Follow these …

Bali, the Epicenter of Culture and Beauty in Indonesia

Bali is the most popular Indonesian province, as nearly 2.6 million foreigners visited in 2010. There are several reasons to visit this Asian paradise, including its incredible artistic and beautiful natural offerings. BBC Travel agrees, as it has named Bali the No. 2 island destination in the world, trailing only Greece’s island of Santorini. The …

Updated May 2012: Foreign Currency – US Dollar to Weaken

At the end of 2009 we published an article (reprinted below) about how we expected the US Dollar to weaken. Since then a lot has happened globally and the problems within the Eurozone has most recently overshadowed most of the global financial news. So what happened? During 2009 the US Congress approved President Obama Economic …