Personal Finance

With Swedish Passport you can go everywhere in the world

The most beloved passport in the world by rich people is not American. European citizens are the owners of the most valuable passports in the world with the top ten spots all countries in Europe. But the world’s most powerful passport belongs to Sweden. The findings come from offshore consulting firm Nomad Capitalist, who have ranked 199 passports globally.

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Swiss Post to knock on your door for cash money

Swiss Post has announced that, from September, it will introduce cash inpayments at the customer’s home in all communities which have only branches with partners. “This will enable private customers who prefer to make inpayments in cash to do so right on their doorstep,” said Swiss Post.

The company explained it has introduced this service because branches with partners “cannot offer cash payment transactions due to security requirements and the provisions of the Anti-Money Laundering Act”.

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Assisted suicide: from Canada to Switzerland for the Last Day

Canadians choose to travel to Switzerland to end their own lives last year, as Parliament passed a new law permitting doctor-assisted death that was widely criticized as too restrictive.

Dignitas, the Swiss organization that offers suicide assistance to those with chronic, degenerative or terminal illness said 131 Canadians became members in 2016. It says 11 Canadians came to them in 2014, seven in 2015, and with the new law in place, five Canadians still travelled to Switzerland for assisted death feeling that new Canadian law did not leave them options at home.

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Los Angeles: how to spend over $2000 in the world’s worst traffic

If you’re stuck in traffic in Los Angeles, you can at least tell yourself that it’s worse in Thailand, overall. Colombia and Indonesia tied for second-worst traffic, while the U.S. and Russia tied for fourth.

LA has been ranked the world’s most gridlocked city, topping Moscow and New York, but Thailand has been rated the most congested country. The rankings were released Monday by Inrix, a transportation analytics company.

But traffic data firm Inrix reports that it has a fresh way of measuring the worst traffic across the globe and that Los Angeles is not only America’s No. 1 but the world’s as well. Greater L.A.’s rank on the all-new Global Traffic Scorecard is based on the estimated time the average local motorist spent stuck in traffic during peak commuter hours in 2016.

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Teleworking: not only smart, may increase stress

Using smartphones, laptops and other technology to work from home may help you do away with rush hour traffic, but also lead to longer working hours, higher stress and sleeping problems, according to a new UN study in 15 countries.

“This report shows that the use of modern communication technologies facilitates a better overall work-life balance,” said Jon Messenger, co-author of the joint report by the UN International Labour Organisation (ILO) and Eurofund. The study, Working anytime, anywhere: The effects on the world of work is based on interviews with workers and experts in 10 European Union member states, Argentina, Brazil, India, Japan and the United States.

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Major Global banks welcomed SWIFT gpi

Global transaction banks are actively using SWIFT’s new global payments innovation (gpi) service, which opened for live payments in January 2017, says the financial messaging services provider.

ABN AMRO, Bank of China, BBVA, Citi, Danske Bank, DBS Bank, Industrial and Commercial Bank of China, ING Bank, Intesa Sanpaolo, Nordea Bank, Standard Chartered Bank and UniCredit are live with SWIFT gpi, exchanging gpi payments across 60 country corridors. Numerous additional banks will follow in the coming months.

“SWIFT gpi is now live and is already enhancing the cross-border payments experience for corporate treasurers,” says Christian Sarafidis, Chief Marketing Officer at SWIFT.

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