We are turning BrokeSucks.com from an article-based to news based site. BrokeSucks will be updated daily with business & economic news from the web and blogosphere. It will take a few days for us to become oriented.

Our focus will be global while still covering the daily headlines picked up by CNBC and the other big news sources. This will allow you to read the important stuff without watching TV for 40 minutes or paging through the newspaper. Think of it as the Drudge Report of the economy.

A story on the AP wire reports that Moscow is now the most expensive city in the world to live in. Here is the part that stuck out when I read this article: “What’s so interesting now is that we do see, year to year, more fluctuation in these rankings than we used to,” Powers said. “The investment and flow of capital and businesses into developing countries has made them a bit more expensive.” The article also points out how currency plays a big role; for example, a weaker yen pushed Tokyo down to third.