Thursday, October 28, 2010
The Not So Great Britain
Firstly, I will state upfront that I am British but am I proud of it? Well many years ago I was proud to be British. Being British meant that you enjoyed a first class education, benefited from a free national health service and had the security of a strong economy. We manufactured goods: automobiles, steel, cars, we had a flourishing ship building industry, coal, latterly a great oil industry, and 101 other things. You were free to do what you wanted – well with limitations – I could join a demonstration, I could be a Tory, a Labourite, a Liberal Democrat, a communist, a fascist – you name it - I could throw eggs at the Prime Minister, I could denigrate religions, I could get drunk if I wanted – in other words, I was free to do my own thing. I had the right to vote in one of the greatest democracies in the world. Great Britain was a country attractive to many potential immigrants. We produced some of the greatest music of the last 150 years, we invented things, the Great British Pound (GBP) was a pillar of global foreign exchange markets, we had some of the finest universities in the world (still do) and yet why are we not “Great” any more?
Well, let’s start with economics. As I write this article we have just had a general election. We now have a hung parliament with no party enjoying an overall majority. This is exactly what the global stock markets and foreign currency exchanges were dreading. The result? Within hours of the election result, pound sterling fell against all major currencies – it took a hammering! The hung parliament added to the world’s stock markets in near collapse although the major cause of that was Greece’s deep financial trouble. What else? The country is drowning in a sea of debt both at Governmental and personal levels. It is predicted that the Bank of England will soon have to raise interest rates. This makes our exports less attractive to overseas markets, it will cause High Street prices to rise, and, in the background lurking in the shadows like the Sword of Damocles, higher unemployment. More people on the dole results in a higher unemployment benefits expenditure which, clearly, the Governement cannot afford. So, how does the Government resolve this problem? It simply borrows more money; it’s an endless cycle and a Gordian Knot wrapped into one.
There is immigration. Put simply, over the last 25 years, Great Britain has opened its doors to all and sundry. To a certain extent this has resulted in ethnic tensions in many of our big cities. It has given rise to the English Defence League, a thugish organisation whose sole raison d’etre is the elimination of Islam in our society. The British National Party is more popular than ever. Inner city violence is on the increase, drug addiction is at an all time high, and prostitution is stronger than ever. The problem is the Government hasn’t the financial resources to bolster our police forces. Law and order is on the verge of breaking down completely. Our military adventures in Iraq and Afghanistan (which we can’t afford) has left millions of Moslems around the world hating us (as they do America). It was conjectured by a leading economist recently that Britain is running out of oil and we are now a major gas importer having recently penned a deal to buy Qatari gas for the next 10 years. And I’ll tell you a fact that brought all this home to me. At the height of Britain’s worst winter in 30 years it was stated by a cabinet minister that the country, if temperatures didn’t rise quickly, had exactly five days gas supplies left. As it happened, temperatures did increase, but goodness only knows what would have happened if they stayed below freezing!
So, if someone asked me the question, am I proud to be British, I would have to answer with a consumate ‘NO’. Britain today is a society bursting at the seams with debt, a failing economy and worrying ethnic tensions, which is why I am not planning returning any time soon.
Wanna Be an Exprat? - Best Opportunities
I decided to write this blog for wannabe exprats - not expats - exprats!! There are 101 reasons why you want to make the major decision to leave your native country and work overseas. But I can tell you there is only one and that is MONEY! As a British exprat, it was the only reason I decided to work abroad and that was in April 1980, when I took up a job with ARAMCO in Saudi Arabia. Back in the early 80s, the Middle East was where one could make big money in a relatively short space of time. Yes, you could go work in S.E. Asia - great, but the money wasn't there. So, this is the Autumn of 2010 and I thought I'd research where are the best locations for the budding exprat, and guess what? Well, read on . . .
The Middle East region was recently named the top financial location for expatriates, according to a survey by the HSBC Bank International. That survey ranked Qatar as the second best place for exprats to earn and save money amid the global economic crisis, followed by Saudi Arabia in third place and the UAE ranked fifth. Only Russia scored higher, with a greater number of exprats saying they saved more, had a higher annual salary and a greater disposable income. However, one has to bear in mind that certain industries pay higher wages and rates than others, and when it comes to the Middle East, we are talking oil and construction. If you think you'll make tons of dosh as a financial advisor in the Middle East, then think again - you won't!
So what are the figures and how much can you realistically save? A Process Engineer in the oil and gas industries will enjoy a monthly salary of about $8000.00. However, this can be doubled for short-term contracts and 'rotation' schedules. Senior oil and gas managers can earn $17,000.00 / month with drilling engineers and reservoir engineers basically naming their price. It is not unusual for a senior reservoir engineer to bank $300,000 / year!!
I hear you say, all fine and dandy, but what are the costs of living? Unless you are on a per diem, you will have to basically pay as you go: accommodation, transport and daily costs. Again, depending on your location, this could mean anything up to 25% of your earnings. So take that into consideration.
For further information, I advise you to visit http://www.expatnetwork.com for further information, one of the best exprat sites on the 'net!
Oman - the Money, the Poverty, the Expats
I worked and lived in Muscat for nearly two years (August 2008 - October 2010). Prior to going to Oman, I worked in Qatar and had something like 13 years experience working in the Middle East. I have worked in most GGC countries and have visted the rest. Before I took the job in Oman, several colleagues who had worked there before were extolling the virtues of the country, the people, the feel-good factor that is Oman. So, I felt very comfortable with the prospect of moving there. What made it more accommodating was that I would be staying with an ex-Kuwait colleague, John, who was kind enough to put me up in his apartment in Muscat for free! And that is one of the main reasons why I went there in the first place because I would be working alongside another ex-QatarGas colleague who alerted me to the fact that accommodation in Muscat city is not cheap - he wasn't kidding! I took a drop in salary because I felt that maybe, just maybe, I might be there for several years. So I arrived in Oman, settled into my job as Technical Writer, and I have to admit I loved the place and, yes, the Omani people were some of the nicest, more friendly people one could meet on a day's march.
So why did I leave? In a word - money! During my time in Oman, I experienced a dramatic increase in prices, everything from meals in restaurants, a kilo of potatoes, milk, bread - you name it - every single commodity seemed to be going up in price. Apartment and villa rentals increased dramatically, even clothes. The only thing that didn't seem to go up in price was petrol but that is one commodity in the Middle East that rarely increases. A pint of beer in the various pubs didn't get any cheaper either. So, all in all, life was just getting more expensive in the Sultanate. And for the first time since having worked in the Middle East, I saw local Arab beggars. They mostly sat outside supermarkets and ATMs, hands outstretched, in destitution. I heard many stories of local Omanis such as, “My son is very sick and needs to be taken to a hospital as soon as possible, but I don’t have a car to go to my town, nor do I have the money to get there. Can you at least give me the taxi charge?” Now this is in a country where Porches and Lamborghinis share the highways and byways with Mercedes and exotic 4x4s.
Ali Al Hadi, a driving instructor, said, “The main reason for begging is the widespread unemployment and the large number of laid-off foreigners in the country.”
According to him, these people work more like a group controlled by certain gangs which send children and adults for begging. Sometimes children are permanently disabled and used for begging purposes. He continued, “The community sometimes accepts some cases of begging, but nowadays the interference of gangs and certain institutions in this business has made it totally unacceptable. In the past, beggars were few and far between and the ‘trade’ was practiced in an entirely different manner.”
Is there a solution? Well, in a word - no! Well, there could be and that is down to the massive Indian expat presence in Oman. When I arrived in Muscat almost two years ago, I just couldn't believe the sheer number of Indians, Pakistanis and Bangladeshis from the sub-Continent. In 2002 this amounted to 80% of the total population of the country. Why are there so many from the sub-Continent? Cheap labour is the answer. And during the time I worked there Oman had a mammoth problem with expats from these nations who were 'unemployed aliens'. In other words, after completing their contracts/jobs, they simply hung around in the country staying with friends and relations. And I know for a fact that this was bitterly resented by the local Omanis. Having said that, in mid-2010, the Ministry of Labour had 'rounded up' 13,000 illegal aliens and had instigated a programme of deportations.
Omanis are very proud people, jovial, friendly, helpful and when you make friends with them, you have friends for life. They'd do anything for you. I left Oman with many happy memories but I also left a country that faces huge employment and ethnic problems in the future. The Omanisation programme I studied was bogged down with too much red tape, a dearth of inward investment and, just over the horizon, a depletion of oil reserves. Oman just does not have the oil and gas reserves to support the economy over the next ten years. Diversification is the answer . . .
Subscribe to:
Posts (Atom)