Daily Wealth Letter from The Wealth Forums 15 June 2016

Markets, Reports — By on June 15, 2016 at 11:46 AM
Ian Brodie

Ian Brodie

DAILY WEALTH LETTER

 a daily synopsis of wealth news that’s most relevant, timely and dependable

Compiled and edited by Ian Brodie of The Wealth Forums (www.thewealthforums.com)

NUMBER 232  WEDNESDAY,  JUNE 15,  2016

Goldman won business with prostitutes – court claim

Goldman Sachs exploited inexperienced staff at Libya’s sovereign wealth fund to clinch “inappropriate” deals which cost the fund $1.2 billion, lawyers at London’s High Court claimed on Monday.  READ MORE:https://thewealthforums.com/2016/06/15/goldman-won-business-with-prostitutes-court-claim/#more-4193

China building ghost cities

The massive building boom in the People’s Republic of China is creating outer signs of affluence, but there isn’t enough demand to put residents in the new homes.  READ MORE: https://thewealthforums.com/2016/06/15/china-buildin-ghost-cities/#more-4198

Europe’s north-south wealth gap widens

Wealth inequality in the eurozone is continuing to widen on the back of rapid rises in house prices in Germany while values in southern European countries lag behind, fresh research reveals.  READ MORE:https://thewealthforums.com/2016/06/15/europes-north-south-wealth-gap-widens/#more-4189

China-HK differences more than cosmetic

No matter where they’re doing business, most major multinational consumer brands have one strategy when it comes to politics: stay far, far away, Jing Daily reports.  READ MORE:https://thewealthforums.com/2016/06/15/china-hk-differences-more-than-cosmetic/#more-4180

The Wealth Letter is published every business day by The Wealth Forums: www.thewealthforums.com

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