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Five European cities where you can retire on $35,000 a year

Five European cities where you can retire on $35,000 a year

Finance
Living well on less is a constant in retirement planning.If life in the U.S. seems as if it would overstretch your assets, you might want to consider moving abroad. Moving overseas takes planning and research. You'll want to check visa and residency requirements, and health-care access. Remember, you'll still be taxed as a U.S. citizen by Uncle Sam.International Living, which publishes information about life abroad — including firsthand accounts — has a new report on five European cities where retirees can live large on just $ 35,000 a year or even less.Social Security is the major source of income for most older Americans, according to the Social Security Administration, with an average benefit check for retired workers of $ 1,404.If a couple brings in two checks per month, th...
'Urban island' heat tests Phoenix, other large cities

'Urban island' heat tests Phoenix, other large cities

Technology
When temperatures soar as they have this week in downtown Phoenix, homeless people ride the air-conditioned light rail to avoid a heat so brutal it killed 155 people in the city and surrounding areas last year. An occasional siren wails as paramedics rush to help people sick from the heat. Already devilishly hot for being in the Sonoran desert, Arizona's largest city is also an "urban heat island," a phenomenon that pushes up temperatures in areas covered in heat-retaining asphalt and concrete. Phoenix on Wednesday recorded a sweltering 116 degrees (46 Celsius), setting a new high for the date. Phoenix officials say they are tackling urban warming, monitoring downtown temperatures, planting thousands of trees and capturing rainwater to cool off public spaces. Elsewhere, Chicago maintains...
Vladimir Putin renames military units after Ukrainian cities

Vladimir Putin renames military units after Ukrainian cities

World
July 2 (UPI) -- Russian President Vladimir Putin named 11 military units after places in the Ukraine, Belarus, Poland, Germany and Romania. Putin signed a series of decrees published Monday, naming recently created military units after units that operated during World War II. The regiments were named after Ukrainian cities such as Lviv, Zhytomyr and Nizhyn, while some were named after cities in Belarus suchas Vitebsk, Kobrin and Slonim. Other units were renamed after Warsaw, Berlin and Romania's Transylvania region. Russian dictator Josef Stalin named the 93rd Tank Brigade after Zhytomyr in 1944 for its role in World War II, but it was renamed in 1991 following the collapse of the Soviet Union. The decrees stated the names were intended to "preserve glorious military and historic traditi...
Tomorrow's Cities: Can start-ups solve city issues?

Tomorrow's Cities: Can start-ups solve city issues?

Technology
Media playback is unsupported on your device The Waterloo corridor, which runs between the cities of Toronto and Waterloo in Canada, is home to coyotes, deer and, increasingly, tech firms.Google, Research in Motion and thousands of start-ups have offices there as the area positions itself to be the next Silicon Valley.Having an area like this is becoming increasingly important as cities look to tech to help solve problems like congestion and pollution."Tech hubs are an important aspect of any city," said Bob Crow, managing director of the Institute of Quantum Computing, which is based in the corridor."Cities are desperate for cash and many are serving citizens with the same or less money than years ago. There is a built-in need to find ways of...
People living in towns and cities have more debt

People living in towns and cities have more debt

Business
People living in urban areas have bigger debts than those in the countryside, according to a study by the City watchdog. It found unsecured debts in rural areas are generally lower with the average amount owed by a town or city resident over a £1,000 more (£3,600) compared with someone in a rural area (£2,510).It also found those in the countryside are less likely to be overdrawn or unable to clear their credit card balance each month than those in urban areas, who are also more likely to use high-cost loans.However, more than half (51%) of those in rural communities - which the study found tend to be older and are more likely to be retired - rely on their state pension to get by compared with 37% in urban areas.The survey of 13,000 adults by the Financial Co...