The Chancellor’s new tax on buy-to-let is to push British and UK residents, able to afford property abroad to invest oversea.
A recently announced higher rate of Stamp Duty Land Tax on purchases of additional residential properties in UK has caused domestic property speculators to start considering buying lands abroad.
In the UK, since 1st April 2016, “a new 3%  Stamp Duty band surcharge on additional home …

David Cameron warned Africa against an impending Chinese invasion during a recent speech in Nigeria. However, nothing is likely to stop the China Harbour Engineering Company going ahead with the Kribi Deep Seaport project in South Cameroon, as the Cameroonian President has laid the foundation stone to kick-start the project.
 
Speaking in Lagos in early July 2011, the British Prime Minister complained of China neither protecting …