Hong Kong Named Most Expensive City for Foreigners
Lesson Brief
Interfax-Ukraine
Hong Kong has been named the most expensive city for foreigners in an annual list from Mercer Human Resource, replacing Luanda, Angola, which had held the top position since 2013. Cities such as Moscow and Oslo which used to be higher on the list fell this year due to low oil prices and the concurrent strengthening of the dollar against many national currencies.
Today's video is a Euronews report from several years ago when Tokyo topped the list as the world's most expensive city.