Tuesday #sgroundup: Singapore named world’s most expensive city: Economist Intelligence Unit

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Singapore named world's most expensive city: Economist Intelligence Unit

Singapore has become the most expensive city in the world, according to a survey by the Economic Intelligence Unit. (Getty Images file photo)
Singapore has become the most expensive city in the world, according to a survey by the Economic Intelligence Unit. (Getty Images file photo)

Move over, London and Oslo -- Singapore is now the most expensive city in the world, according to new research published by the Economist Intelligence Unit (EIU) in its Worldwide Cost of Living survey.

Price rises and a stronger currency mean that Singapore now holds the title, in the EIU's report comparing the cost of living between 131 cities around the world with New York as a base.

Read more details in our story:

http://sg.news.yahoo.com/singapore-named-worlds-most-expensive-city-economist-intelligence-015408023--sector.html

COMMENT: Singapore may be 'most expensive city' -- but it's important we know why

Are things in the now-world's most expensive city to live in Singapore all that bad, asks contributor Benjamin Chiang. (Getty Images)
Are things in the now-world's most expensive city to live in Singapore all that bad, asks contributor Benjamin Chiang. (Getty Images)

Contributor Benjamin Chiang feels that the two BBC articles on Singapore's hidden poor and how poor families survive in Singapore are "opportunistic at best", and took "particular offence" at the EIU survey findings of Singapore being the most expensive city in the world to live in.

He explains why he feels so strongly about this:

http://sg.news.yahoo.com/comment--singapore-may-be--most-expensive-city-----but-it-s-important-we-know-why-062126422.html

16 million N95 masks stockpiled in Singapore: report

N95 masks in Singapore were a precious resource during the height of the haze crisis in June 2013. (Yahoo photo)
N95 masks in Singapore were a precious resource during the height of the haze crisis in June 2013. (Yahoo photo)

The government has 16 million N95 masks in Singapore, available for disbursement in the event of an escalation of the haze situation, a ministry official said in Parliament on Tuesday.

Additionally, local retailers have in their inventories 280,000 masks that are ready and available for purchase, even though the ministry stresses they are "generally not needed for short commutes", for instance, from home to school or work.

http://sg.news.yahoo.com/16-million-n95-masks-stockpiled-in-singapore--report-093848805.html

At the same time, Malaysia has started cloud-seeding for rain in a bid to deal with its own escalating haze. Watch what they're doing in the video below:

http://sg.news.yahoo.com/video/malaysia-starts-cloud-seeding-induce-081508038.html

Kremlin aide warns US of response if sanctions imposed

Sergei Glazyev speaks during the 4th congress of the People's Will political party in Moscow February 10, 2004. REUTERS/Alexander Natruskin/Files
Sergei Glazyev speaks during the 4th congress of the People's Will political party in Moscow February 10, 2004. REUTERS/Alexander Natruskin/Files

If the United States were to impose sanctions on Russia over the escalating Ukraine crisis, Moscow might be forced to drop the dollar as a reserve currency and refuse to pay off any loans to US banks, said a Kremlin aide on Tuesday.

Moscow may recommend that all holders of US treasuries sell them in the event that Washington were to freeze the US accounts of Russian businesses and individuals.

http://sg.news.yahoo.com/kremlin-aide-says-u-may-face-consequences-sanctions-081027180--finance.html

Apple's iPhone becoming more compatible with cars

Carplay is Apple's move to make its apps and devices easier and safer to use for drivers. (Apple photo)
Carplay is Apple's move to make its apps and devices easier and safer to use for drivers. (Apple photo)

Apple has announced new technology to better incorporate smartphone applications into cars, with Ferrari, Mercedes-Benz and Volvo previewing its iPhone technology for cars this week at an auto show in Geneva.

Called CarPlay, it will let drivers use their iPhone 5, 5C or 5S use their phones while driving with minimised distraction, said Apple's vice-president of iPhone and iOS product marketing. It currently requires its latest operating system iOS7.

http://sg.news.yahoo.com/apples-iphone-becoming-more-compatible-185048165.html