A I R S h a r e

A Workforce Globalization Blog

3 Ways to Assess Changes in Hardship with a Focus on Hong Kong

Sep 10, 2019 @ 08:00 PM / by Rob Zeitz

0 Comments

AIRINC recently adjusted its hardship score for Hong Kong, due to the continuing political volatility and unpredictability surrounding the demonstrations, as well as the heightened tensions resulting from the protests. 

Read More

Hong Kong Protests and the Impact on Expatriates [update]

Aug 19, 2019 @ 12:17 PM / by Morgan Grenier

0 Comments

Since June, Hong Kong has seen unprecedented protests, larger and more frequent than any in the country’s recent history. We have increased the hardship scoring of Hong Kong in response to the rise in political volatility.

Read More

Initial costs of renting in England have decreased

Jul 03, 2019 @ 08:45 AM / by Morgan Grenier

0 Comments

Initial costs of renting in England became cheaper last month as the Tenant Fees Act came into effect. While a ban to tenant fees has been discussed for a few years, the current legislation wasn’t finalized and passed until February. Scotland banned letting fees in 2012, and Wales is expected to pass a similar ban this fall.

Read More

Hong Kong Protests and the Impact on Expatriates

Jun 21, 2019 @ 01:15 PM / by Morgan Grenier

0 Comments

In the last two weeks, Hong Kong has seen some of the largest protests in its history as citizens and residents have taken to the streets to protest a proposed extradition bill. Demonstrations have been centered around Admiralty and the surrounding areas of Central and Wan Chai.

Read More

TRYing to Understand Turkey's Expatriate Lease Laws?

Dec 14, 2018 @ 01:58 PM / by Gerald Abbey

0 Comments

For many years, the expatriate rental market in Turkey has been dominated by leases signed and paid in USD or EUR. In September of this year, President Erdogan issued a decree stating that all leases in foreign currency must be converted to Turkish lira (TRY). This move was made to stem the sharp inflation that battered Turkey’s currency in 2018, resulting in a loss of over half its value at its worst point.

Read More

ALERT: Turkish Lira Crisis

Aug 15, 2018 @ 04:01 PM / by Meleah Paull

0 Comments

The Turkish lira has had a volatile year and an especially tumultuous past week. In July, the Central Bank of Turkey alarmed investors by keeping interest rates steady even as CPI annual inflation rose to double digits.

Read More

The Blockade and Cost-of-Living in Qatar

Oct 31, 2017 @ 03:11 PM / by Morgan Grenier

0 Comments

More than a hundred days have passed since the beginning of the Qatar diplomatic crisis, when fellow Gulf Cooperation Council member states Saudi Arabia, United Arab Emirates, and Bahrain, along with several other countries, cut diplomatic ties with the nation of Qatar.

Read More

Crisis in the Gulf: The blockade against Qatar and the Impact on Expatriates

Jun 13, 2017 @ 10:26 AM / by Morgan Grenier

0 Comments

These actions have the potential to impact expatriates, whether they are living in Qatar, are a Qatari citizen expelled from a blockade country or simply flying into or out of the region.

Read More

Protests, Seizures, and Currency Depreciation: Conditions in Venezuela continue to worsen

Apr 26, 2017 @ 10:04 AM / by Morgan Grenier

0 Comments

While the official exchange rate for Venezuelan Bolivares Fuertes is USD1.00=VEF10.00, the black market rate in Caracas on Friday, April 24th reached 4711.73 bolivars per USD

Read More

Hyperinflation Nation: Venezuela has Recalled its 100-Bolivar Note

Dec 16, 2016 @ 02:32 PM / by Morgan Grenier

0 Comments

At the time of our survey, a kilogram of green apples was priced around 5300 VEF. With 100-bolivar notes, this purchase would require fifty-three bills.

Read More