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After forcing workers back to the office, Goldman Sachs and JPMorgan Chase are now letting their staff work remotely—but only for the World Cup

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Markets tumble worldwide as Fed resets expectations: $400 billion wiped off SpaceX stock
quality of life

Here Are the World’s Best—and Worst—Cities for Liveability

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February 23, 2016, 6:29 AM ET
Volunteers, who have joined the Iraqi Army to fight against predominantly Sunni militants, carry weapons and a portrait of Grand Ayatollah Ali al-Sistani during a parade in Sadr city
Volunteers, who have joined the Iraqi Army to fight against predominantly Sunni militants, carry weapons and a portrait of Grand Ayatollah Ali al-Sistani during a parade in the streets in Baghdad's Sadr city June 14, 2014. An offensive by insurgents that threatens to dismember Iraq seemed to slow on Saturday after days of lightning advances as government forces regained some territory in counter-attacks, easing pressure on the Shi'ite-led government in Baghdad. REUTERS/Wissm al-Okili (IRAQ - Tags: CIVIL UNREST POLITICS MILITARY RELIGION)STRINGER/IRAQ REUTERS
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Vienna, Austria’s grand capital on the Danube river, offers the highest quality of life of all cities in the world, while the Iraqi capital Baghdad, once more took its place at the bottom of a liveability list compiled by consulting firm Mercer.

The survey of 230 cities helps companies and organizations determine compensation and hardship allowances for international staff. It uses dozens of criteria such as political stability, health care, education, crime, recreation and transport.

Global centers London, Paris, Tokyo and New York City did not even make the top 30, lagging behind most big German, Scandinavian and Australian cities.

Vienna’s 1.7 million inhabitants benefit from the city’s cafe culture and museums, theaters and operas. Rents and public transport costs in the city whose architecture is marked by its past as the center of the Habsburg empire are cheap compared with other western capitals.

Switzerland’s Zurich, New Zealand’s Auckland, Germany’s Munich and Canada’s Vancouver followed Vienna – which reached the best position for the seventh time in a row – in the top five of most pleasant cities to live in.

The best African entry on the list was South Africa’s Durban at 85.

Baghdad was again ranked lowest in the world. Waves of sectarian violence have swept through the city since the American-led invasion in 2003.

Damascus, five year’s into Syria’s bloody war, ranked six places above Baghdad, with Bangui in the Central African Republic, war-torn Yemen’s capital Sanaa, Haiti’s Port-au-Prince, Sudan’s Khartoum and Chad’s N’Djamena in between.

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