Home values continue to rise at a historic monthly pace, growing 1.1% from December to January – Zillow economists predict 7 million home sales this year, nearly 25% more than in 2020 – Phoenix is booming, recording the highest annual growth in both home values (17.1%) and typical rent (8.4%) among the nation’s largest metros […]
Elon Musk Tesla has announced in a Securities and Exchange Commission (SEC) Form 10-k filing that the company has purchased $1.5 billion worth of bitcoin. When the news broke, the price of the leading crypto asset jumped well over 15%, touching a new all-time price high at $44,899 per coin. Additionally, Tesla detailed in the […]
What is the next big thing? World food prices rose in January for the eighth consecutive month, led by cereals, vegetable oils and sugar, according to a report by the Food and Agriculture Organization (FAO) of the United Nations. FAO’s Food Price Index, which tracks monthly changes in the international prices of commonly-traded food commodities […]
The grand economic vision of His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, has led to the creation of thriving technology hubs like Dubai Internet City that have transformed the industry in the region and made Dubai a major global innovation and start-up […]
It apparently costs $1,650 a month to rent but doesn’t have a toilet or an oven: TikTok users are going crazy over a video captioned New York’s “worst apartment ever.” @newyorkcityrealtor ##apartmenttherapy ##westvillage ##apartmenthunting ##luxuryapartmentsnyc ##nycapartment ##fyp ♬ original sound – New York City Realtor Its exact address is a mystery, and you won’t find […]
Economic activity in the services sector grew in January for the eighth month in a row, say the nation’s purchasing and supply executives in the latest Services ISM® Report On Business®. The report was issued today by Anthony Nieves, CPSM, C.P.M., A.P.P., CFPM, Chair of the Institute for Supply Management® (ISM®) Services Business Survey Committee: “The […]
The Lucky Club is a Decentralized Finance (DeFi) initiative at the forefront of innovation in Fintech using blockchain and other proprietary protocols to allow people to not only use services like brokerage, banking and investing but to also participate directly in earning money in a way previously only available to Financial Institutions. As we build […]
ATTOM Data Solutions, curator of the nation’s premier property database, today released its Year-End 2020 U.S. Home Sales Report, which shows that home sellers nationwide in 2020 realized a home-price gain of $68,843 on the typical sale, up from $53,700 in 2019 and $48,500 two years ago. Profits rose in more than 90 percent of […]
Record low mortgage rates amid the coronavirus pandemic fueled a US housing boom last year, pushing existing home sales to the highest since 2006, according to a survey released Friday. Existing home sales totaled 5.64 million in 2020, 5.6 percent higher than in 2019, the National Association of Realtors (NAR) said. Even as prices rose […]
The Lucky Club is a Decentralized Finance (DeFi) initiative at the forefront of innovation in Fintech using blockchain and other proprietary protocols to allow people to not only use services like brokerage, banking and investing but to also participate directly in earning money in a way previously only available to Financial Institutions. As we build […]
If there’s one negative aspect to life at record low interest rates, it’s earning almost nothing on the cash you have saved at a bank. Certificates of deposit, or CDs, which require you to lock up savings for a predetermined amount of time offer slightly better interest rates, but not much better than the paltry […]
#tax #Biden #PresidentTrump #markets #Americans $DIA $QQQ $SPY $RUTX $VXX Experts are telling us that Joe Biden’s plan to raise the corporate tax rate will undo most of President Trump’s economy boosting efforts as it will send some American companies offshore, keep others overseas, hobble domestic companies and drive up the unemployment rate, thus damaging […]
Thailand Travel, the Tourism Authority of Thailand (TAT), in collaboration with Thai Airways International (THAI), Thai hotels Association (THA) and Association of Thai Travel Agents (ATTA), is launching an ‘amazing thailand Plus’ offer for foreign visitors wishing to enter Thailand during the COVID-19 pandemic. HEFFX offer a “Thai Gold Pass” service to individuals and corporations […]
Since China made the development of the Yangtze River Economic Belt a national strategy, the country has shown firm determination in enhancing the ecological protection of its “mother river” and facilitating green, sustainable and high-quality development. The sprawling economic belt covers 11 provinces and municipalities from west to east, with Sichuan, Guizhou, Yunnan and Chongqing […]
Redsun Services Upgraded (“Redsun Services” or the “Group”; stock code: 1971), a fast-growing comprehensive community services provider focused on the Yangtze River Delta, has earned CCB International’s optimistic view accolade owing to a recent M&A that will strengthen its Central China and Non-Residential Exposure. The Group has also been given a “Buy” rating by CCB […]
A peer-reviewed updated summary of COVID-19 early-treatment best practices was published Wednesday morning, in Reviews in Cardiovascular Medicine, an interdisciplinary scientific, open access journal. This international collaboration — comprised of physicians, like lead author Peter McCullough, MD, courageously treating patients despite the prevalence of “therapeutic nihilism” among government agencies like the NIH and FDA — outlines […]
S&P Dow Jones Indices today released the latest results for the S&P CoreLogic Case-Shiller Indices, the leading measure of U.S. home prices. Data released today for October 2020 show that home prices continue to increase across the U.S. More than 27 years of history are available for these data series, and can be accessed in […]
What effect has the global COVID-19 had on the brand value of the world’s greatest cities? To discover this, an analytical report of the Global Top 500 Cities was compiled by Global City Lab and released on Dec. 28, 2020 in New York. The report declares New York to be the world’s most valuable city, with […]
Siamese Asset PCL (SET:SA) (SA.BK) is moving ahead to expand investment following its listing on the Stock Exchange of Thailand (SET), in a bid to become a leading integrated real estate developer in Thailand, fulfilling customer demand for residences and for long-term investment, and promoting continuous growth, despite the national economy in a slowdown mode. […]
An innovation center and Beijing Future Design Park were inaugurated on Thursday in Beijing’s Zhangjiawan Design Town, as part of the city’s efforts to create a highland for cultural creativity and design services in its sub center. Now the innovation center is home to 106 companies in the fields of innovative design and urban technology […]
Since the onset of the COVID-19 pandemic, Dubai has responded with swift and effective health measures and economic support initiatives that protected lives and livelihoods. This has enabled the Emirate to contain the spread of the Covid-19 virus and its impact on the economy, and paved the way for a quick recovery. The comprehensive preventive […]
The world’s most competitive industrial parks are also the most inviting and readily predictable for tenants, according to a whitepaper released by Abu Dhabi Ports, a port operator that owns, manages and operates 11 ports and terminals in the UAE and Guinea. The whitepaper titled ‘Key considerations in industrial park selection – bringing predictability to […]
Rising above the majestic Chao Phraya River in the heart of Bangkok’s Creative District is an enclave of tiered buildings, connected at ground level by a series of indoor and outdoor spaces, quiet courtyards and lively restaurants. Art-filled spaces, sophisticated lounges and lush tropical greenery are surrounded by the gentle sounds of water features and […]
In November, Florida’s housing market reported more closed sales, more new pending sales, higher median prices and more new listings compared to a year ago, despite the ongoing pandemic, according to Florida Realtors® latest housing data. Single-family existing home sales rose 22.9% compared to a year ago. “Our homes are more important than ever, becoming the […]
U.S. luxury home sales surged 60.7% year over year during the three months ending Nov. 30, the biggest jump since at least 2013, according to a new report from Redfin (www.redfin.com), the technology-powered real estate brokerage. That nearly quadrupled the growth seen during the three months ending Feb. 29, before the coronavirus was declared a […]
#Crypto #Cryptocurrency #BTC #ETH #BCH #LTC #ADA #XRP #EOS In the past 2-3 sessions, there were mostly range moves in bitcoin price below USD 23,200. BTC remained well bid above the USD 22,500 and USD 22,200 support levels. The price is currently (05:00 UTC) consolidating, but it could start a fresh increase if it clears […]
#Investing #stocks #RealEstate $SPY $SPX The choice between equities (stocks) and Real Estate is a common Question faced by investors seeking to build long-term wealth. The Big Q: Will they be more successful by putting their money in Real Estate or Stocks? The Big A: The assumption that the choice is 1 or the other […]
#home #mortgage #interest #market #MBA Home mortgage applications increased 1.1% from a wk ago, according to data from the Mortgage Bankers Association’s (MBA) Weekly Mortgage Applications Survey. The Market Composite Index, a measure of mortgage loan application volume, increased 1.1% on a seasonally adjusted basis from 1 wk earlier. The Refinance Index increased 1% from the […]
What is DeFi? DeFi stands for Decentralized Finance, Decentralized finance is a form of finance that does not rely on central financial institutions such as brokerages, exchanges, or banks, and instead utilizes revolutionary smart contracts on blockchains, the most common being Ethereum. TheLucky.Club is a DeFi project that has just launched The funds deposited are […]
$600064 #Nanjing #Gaoke #China #RealEstate #HEFFX #FXAffiliate Nanjing GaokeTicker: 600064:SSPrice: CNY10.17Recommendation: Buy Join Knightsbridge Live affiliate program and for every referral, you earn a bonus of up to $20,000 plus free trades. The best way to earn extra income! Business Summary NANJING GAOKE COMPANY LIMITED is a China-based company, principally engaged in real estate and […]
#RealEstate #California #Market #COVID $Z $NFLX $SPX $SPY $QQQ “People have no apprehension about buying into this market” — Paul Ebeling Zillow (NYSE:Z) anticipates Y 2021 will be the best year for home sales since Y 2006. When it comes to LA real estate, “Sunset” sells even 9 months after the virus caused instant recession. […]
#home #prices Prices for US single-family homes increased 12% in Q-3, the biggest annual rise in 7 yrs, according to the National Association of Realtors (NAR). Prices rose from a year earlier in all 181 metro areas measured by the NAR, and 117 regions had double-digit gains, compared with only 15 in Q-2, according to a […]
#vacation #retirement #home #Florida “Here is our Real Estate expert’s guide to the best places to invest in the East Coast’s Sunshine State”— Paul Ebeling You probably know somebody, or know somebody who knows somebody, who has bought a vacation home in Florida, after all, the state boasts 1 of the Top real estate markets in the country. […]
As more Americans hit the road this upcoming holiday season, Miami Beach is ready to welcome visitors, inviting them to experience a vacation – in a paradise getaway – that’s only a drive away, ideal for travelers looking to relax. With beach destinations high on travel lists this year, Miami Beach, a city like no […]
#RealEstate #citizenship #donation #investment #passport #EU There are 10+ countries where you can obtain citizenship simply by buying property. Many of these countries, in addition to offering citizenship by real estate or business investment, have citizenship-by-donation programs too. There are other countries that offer residency following investment, which can later lead to citizenship, these are called […]
#home #sales #existing US existing home sales rose to a more than 14-yr highs in September, boosted by historically low mortgage rates. The National Association of Realtors (NAR) reported Thursday that existing home sales jumped 9.4% to a seasonally adjusted annual rate of 6.54-M units last month, the highest mark since May 2006. Economists polled had forecast sales […]
The US housing market continued its boom in September as existing homes sales grew 9.4 percent from the month before, a survey released Thursday said. The 6.54 million seasonally adjusted annual rate of sales reported by the National Association of Realtors (NAR) was above expectations and 21 percent higher than the same month in 2019, […]
#Home #loans #economic #recovery #Covid19 “Home loans to reach $3.2-T in 2020, Most in 17 yrs“– Paul Ebeling US home mortgage originations are forecast to total $3.18-T this year, the most since Y 2003, as low rates drive a spike in refinancing and purchases, according to the Mortgage Bankers Association (MBA). Housing activity has soared […]
#SanFrancisco #house #buy “A 6-figure income may not be enough to buy a house in San Francisco. California“– Paul Ebeling The most expensive city in the US to buy a house is San Francisco, where homebuyers need a $206,760 income to live comfortably and buy a house. California is the most expensive to own a […]
Despite a light rebalancing of third and fourth quarter estimates, full-year 2020 economic output is still expected to contract 2.6 percent, according to the latest commentary from the Fannie Mae (OTCQB:FNMA) Economic and Strategic Research (ESR) Group. Its estimate of third quarter 2020 real GDP growth was revised upward 1.2 percentage points to 31.6 percent […]
Britain’s pub industry is bearing the brunt of new restrictions introduced to combat rising coronavirus infection rates, sending stock prices tumbling on Friday. Millions of people in London and across Britain will no longer be able to mix with other households from Saturday, although those from the same household will still be able to go […]
#RealEstate #Commercial #Covid19 #BlackSwan #CBRE “People who used to dress up and go to work in offices are now working from home in pajamas, they like it” — Paul Ebeling Commercial real estate owners, brokers and landlords have collectively made many hundreds of billions of dollars a year in recent years as the economy moved […]
#WANY #WaldorfAstoria #NewYorkCity WANY was born out of a family feud between William Waldorf Astor and John Jacob Astor IV, the legendary hotel has been closed since Y 2017 for a Top-to-bottom renovation by its new owners, China’s Dajia Insurance Group, which purchased it for $2-B in Y 2014. The most significant change is the […]
#USD #GOLD It’s pretty simple, Printing more money will simply increase the value of the existing assets, goods and services but it creates nothing. This is inflation, real inflation not the dodgy CPI numbers politicians spit out. Ultimately, it is inescapable doubling the number of dollars doubles prices. If everyone has twice as much money […]
The Fannie Mae (FNMA/OTCQB) Home Purchase Sentiment Index® (HPSI) increased 3.5 points in September to 81.0, rising for the second consecutive month and continuing the rebound from late spring. Three of the six HPSI components increased month over month, with consumers reporting a substantially more optimistic view of home-selling conditions, expected home price growth, and […]
The Pointe, Dubai’s premier lifestyle and dining destination by Nakheel Malls, is gearing up to launch the world’s largest fountain. ‘The Palm Fountain’, Palm Jumeirah’s latest waterfront attraction, will attempt to break a Guinness World Records, GWR, title on Thursday, 22nd October during its inaugural launch event, and the public is invited to witness the […]
#home #sales #economy #recovery #virus US existing home sales rose to their highest mark in nearly 14 yrs in August as the housing market continued to outperform the overall economy. The report from the National Association of Realtors confirmed home sales had recovered after slumping when the economy almost ground to a halt as businesses were shuttered […]
#mortgage #recordlows Mortgage rates in the US dropped to another record low, adding fuel to a housing market that’s been a Key source of strength for the virus chaos economy. The average for a 30-yr, fixed loan was 2.86%, down from 2.93% last week and the lowest in almost 50 yrs of data-keeping by Freddie […]
#home #mortgages #applications #VA #FHA Mortgage applications to purchase a home rose 3% last week from the prior week but surged 40% from a year ago, according to the Mortgage Bankers Association. The Y-Y comparison is usually in single digits. The Market Composite Index, a measure of mortgage loan application volume, increased 2.9% on a […]
#home #shortage #demand In spite of the chaotic economic downturn last Spring, a home buying frenzy boosted home prices by almost 9% and pushed available housing inventory down 30% in August compared to the same time last year, according to Zillow. A foreclosure moratorium on federally-backed mortgages which was designed to keep people in their homes […]
$AMZN $BABA #ALIBABA #AMAZON #ECOMMERCE #RETAIL While large traditional retailers announce big lay-offs because of the pandemic, sometimes shedding thousands of staff, coronavirus lockdowns have in contrast given e-commerce a major boost. Recent data shows a shift to shopping online — according to Kantar consulting group, international e-commerce grew 41 percent in only three months […]
#home #Koh Samui #Thailand We are partial to Koh Samui, but overall the Thai islands in general have a lot of potential and see a lot of interest from North American buyers. Home ownership rates in Thailand are particularly high, in fact, higher than they are in the US and UK and that is a […]
$USD #CORONAVIRUS #COVID19 US consumers continued to spend in July but the gains were much slower than the prior two months amid a surge in coronavirus cases, and confidence remained in a “depressed range,” according to new data released Friday. Separately, Coca-Cola and MGM Resorts became the latest major companies to announce massive layoffs as […]
#democrats #joebiden #economy The US Economy is doomed and will die at the hands of the Democrats. Democrats and their minions BLM and Antifa are already laying waste to several cities in the USA. Their Puppets attack everything in the name of one of many Minorities. Hope the US is gone. Should Trump win in […]
#Airbnb #IPO Home-sharing startup Airbnb said it has confidentially filed with US regulators for an initial public offering. The number of shares and price has yet to be determined, according to the San Francisco-based company. The move comes as the travel industry suffers an economic blow from the coronavirus pandemic amid slowdowns in tourism. Airbnb […]
Robert V Matthews luxury Real Estate guru takes a look at another discount market worth investing in for the future, Tuscany, Italy. Tuscany is a region in central Italy. Its capital, Florence, is home to some of the world’s most recognizable Renaissance art and architecture, including Michelangelo’s “David” statue, Botticelli’s works in the Uffizi Gallery […]
#home #prices #supply #demand The average home price in the US in May rose 4.2% compared to a year ago. The data show that prices for cheaper homes grew faster than the rest of the market, rising 6.7% from a year ago. The coronavirus chaos helped shape the housing market by influencing everything from the direction […]
Real Estate genius and the mind behind some of Palm Beach’s best real estate Robert V Matthews shares some of his inspiration. “it is a buyers market now, if you ever wanted to acquire something special real estate wise the timing has never been better” says Robert V Matthews. Today he takes us for a […]
The Fannie Mae (OTCQB:FNMA) Home Purchase Sentiment Index® (HPSI) decreased 2.3 points in July to 74.2, moderating slightly after two consecutive months of advances. Three of the six HPSI components decreased month over month, with consumers reporting a significantly more pessimistic view of homebuying conditions but a more optimistic view of home selling conditions. Year […]
Seven months after the United States and China signed a preliminary agreement to temper their trade war, Beijing’s purchases of US agricultural goods have yet to reach the deal’s target. As President Donald Trump readies for a tough reelection battle in November, US media reported the two sides are set to meet beginning August 15 […]
Whatever you think you know about markets, the pandemic is not a predictable Global event, it is an uneven and erratic chain of events that have more to do with Governments and fear then reality. Some sectors are doing well, lots of money is being printed and this is a time for extreme caution and […]
The BBVA Research team published its economic analysis of the drop in gross domestic product for second quarter 2020, noting it is the steepest decline in over-the-quarter growth since 1937, in the aftermath of the Great Depression. As noted in the published analysis, the GDP dropped by 32.9 percent on an annualized basis and has […]
Economic activity in the Services sector (formally non-manufacturing sector) grew in July for the second month in a row, say the nation’s purchasing and supply executives in the latest Services ISM® Report On Business®. The report was issued today by Anthony Nieves, CPSM, C.P.M., A.P.P., CFPM, Chair of the Institute for Supply Management® (ISM®) Services Business Survey […]
#housing $DIA $SPY $QQQ $RUTX $ITB $VXX Last month, US new home sales spiked 55%, their biggest gainer since Y 2005. The number of Americans looking to refinance their mortgages spiked 111%. And Quicken Loans (Private), the America’s largest mortgage broker just posted its best Quarter in its 35-yr history. In 1-H of Y 2020, Quicken […]
The median home sale price climbed 11% year over year for the week ending July 26 to a record-high $315,000, according to the latest market report from Redfin (www.redfin.com), the technology-powered real estate brokerage. This was the largest increase in sale prices recorded since early 2014. The strong price growth is a result of strong […]
Personal income decreased $222.8 billion (1.1 percent) in June according to estimates released today by the Bureau of Economic Analysis (tables 3 and 5). Disposable personal income (DPI) decreased $255.3 billion (1.4 percent) and personal consumption expenditures (PCE) increased $737.7 billion (5.6 percent). Real DPI decreased 1.8 percent in June and Real PCE increased 5.2 […]
#C19Cronavirus #nutrition #diet #immune #disease #prevention #morbidity IF YOU WANT MARKETS TO RECOVER READ THIS AND WEAR A MEDICAL MASK Poor metabolic health is linked to underlying conditions including diabetes and cardiovascular disease that create major complications for people fighting coronavirus, confirming the critical link between C-19 and nutrition. Chronic health conditions such as hypertension, […]
#soap #water #CDC #C19cronavirus #washing #hands IF YOU WANT MARKETS TO RECOVER READ THIS AND WEAR A MEDICAL MASK Studies have shown that good hand hygiene can help slow the transmission of C-19 coronavirus. The Centers for Disease Control and Prevention (CDC) says that using soap and water is the best way to kill germs. If […]
Condo sale prices nationwide dropped 1.4% year over year to a median of $252,000 in June, the second consecutive month of drops after nearly two years of rising prices, according to a new report from Redfin (www.redfin.com), the technology-powered real estate brokerage. Prior to the pandemic, price growth for condos had reached a three-year high […]
The -12.1% Q-o-Q growth rate is the worst ever recorded and a pretty difficult one to interpret. It is a shocking drop, but completely understandable as the economy was shut for a considerable period during the quarter. It, therefore, doesn’t tell us all that much about the general state of the economy, which is usually why […]
#home #mortages #rates #economy US average rates on long-term mortgages declined this week, remaining near historic lows as the Key 30-yr loan dipped back below 3%. Mortgage buyer Freddie Mac reported Thursday that the average rate on the 30-yr home loan eased to 2.99% from 3.01% last week. The benchmark rate has not fallen below […]
$USD $GOLD #ECONOMICS #USA #POLITICS #COVID19 Facing the second recession in just over a decade and with Congress locked in debate over a new emergency spending package, the Federal Reserve will seek a way to put some guardrails on the US economy. As we suggested early in the pandemic, the worst may not come till […]
S&P Dow Jones Indices today released the latest results for the S&P CoreLogic Case-Shiller Indices, the leading measure of U.S. home prices. Data released today for May 2020 show that home prices continue to increase at a modest rate across the U.S. More than 27 years of history are available for these data series, and […]
$WH #COVID19 Wyndham Hotels & Resorts (NYSE:WH) today announced results for the three months ended June 30, 2020. Highlights include: Diluted loss per share was $1.86, and adjusted diluted earnings per share was $0.10. Net loss was $174 million for the second quarter and adjusted net income was $9 million. Adjusted EBITDA was $63 million. […]
US consumer confidence deteriorated in July as the coronavirus pandemic intensified, with the short-term outlook for business conditions, earnings and employment all worsening, according to a key survey released Tuesday. The Conference Board research firm said its consumer confidence index fell to 92.6 from 98.3 in June, worse than analysts expected amid a surge in […]
#coronavirus $AAL $DAL $UAL #Airlines #Travel Global air traffic will not return to levels seen before the coronavirus pandemic until at least 2024, the International Air Transport Association said on Tuesday. Uncertainty about the timing of border reopenings is the main factor, IATA’s chief economist Brian Pearce told a news conference. “We now are expecting […]
#USA #ECONOMY The U.S. direct investment abroad position, or cumulative level of investment, increased $158.6 billion to $5.96 trillion at the end of 2019 from $5.80 trillion at the end of 2018, according to statistics released by the Bureau of Economic Analysis (BEA). The increase reflected a $95.7 billion increase in the position in Europe, primarily in […]
From January 2019 to June 2020, international and local investors have filed 116 investment promotion applications for food processing and drinks manufacturing projects in Thailand, representing a total value of 18.8 billion baht (ca. 600 million US dollars), the Thailand Board of Investment (BOI) states. In the first half of this year alone, some 5.84 […]
Wyndham Destinations, Inc. (NYSE:WYND) (the “Company”) announced today that it has launched a private offering (the “Offering”) of $500 million aggregate principal amount of senior secured notes due 2026 (the “Notes”), subject to customary and market conditions. The Company intends to use the net proceeds of this Offering for general corporate purposes, which may include the […]
People fleeing town, widespread joblessness, a rising crime rate: the coronavirus pandemic has plunged New York into crisis, deeply concerning for many, but for others a chance for this famously dynamic city to reinvent itself. “We may be going through one of the most painful and exceptional moments in our history,” Mayor Bill de Blasio […]
Dubai International Financial Centre (DIFC), the leading international financial hub in the Middle East, Africa and South Asia (MEASA) region, continued to drive the future of finance during the first half of 2020. The Centre made progress on its 2024 strategic priorities and achieved a record number of registrations in the first six months of […]
The national median home price rose 2.8% year over year to an all-time high of $311,300 in June, according to a new report from Redfin (www.redfin.com), the technology-powered real estate brokerage. Home prices typically peak in June each year before trending down slightly through January, but given the pent-up demand that remains following the spring […]
After months of working from home, stir-crazy Americans have finally reached the long, hot days of summer only to watch their vacation horizons dim, with travel options shrinking as the country’s coronavirus cases soar. “All I’ve been doing this year is canceling trips,” 61-year-old Keith Gibbons said with a sigh, a new reality that the […]
It’s become a familiar mantra: masks, hand-washing and physical distancing can slow the spread of the coronavirus while work continues on developing the vaccines and treatments needed to rid the world of its threat. But as tens of millions of people return to public transit, their workplaces and schools, are these interventions enough? Researchers are […]
We do not think it is time to buy just yet but we are getting close to that point. Data remains mixed but it is clear the FED will produce the mother of all bailouts if need be in the very near future. The US economy showed signs of life nationwide last month, but has […]
Large US banks have set aside billions of dollars in additional reserves for bad loans, according to earnings reports Tuesday that underscored the weakening economic outlook due to the coronavirus pandemic. Even amid gradual signs of a rebound as businesses reopen, the measures to contain COVID-19 have caused a devastating hit and millions of lost […]
A faster-than-expected pace of recovery in the second quarter contributed to an improvement in expectations for full-year 2020 economic growth, according to the latest commentary from the Fannie Mae (OTCQB: FNMA) Economic and Strategic Research (ESR) Group. Despite the recent resurgence in COVID-19 cases – and the potential for localized measures that may slow otherwise […]
$SFTBY #SOFTBANK #WEWORK Troubled office-sharing start-up WeWork is set to have a positive cash flow by next year, its executive chairman told the Financial Times on Sunday, hailing a turn-around for the high-profile company. “Everybody thought WeWork was mission impossible. [That we had] zero chance. And now, a year from now, you are going to […]
Under the directives of Vice President and Prime Minister of the UAE and Ruler of Dubai His Highness Sheikh Mohammed bin Rashid Al Maktoum, Dubai has launched its third stimulus package to ease the impact of the COVID-19 crisis on businesses. Worth AED1.5 billion, the new package raises the value of business incentives introduced by […]
Gross Domestic Product by Industry, 1st Quarter 2020 Accommodation and food services; finance and insurance; and health care and social assistance industries were the leading contributors to the 5.0 percent (annual rate) decrease in gross domestic product (GDP) in the first quarter of 2020, according to the Bureau of Economic Analysis. All sectors of the […]
The Department of Tourism and Commerce Marketing, Dubai Tourism, hosted a virtual forum for stakeholders and partners to share its industry outlook ahead of the city’s reopening to international tourists on 7th July. The forum provided a first-hand insight into current and post-pandemic strategies that will help accelerate tourism momentum and position Dubai as a […]
The Department of Economic Development, DED, Trader licence launched by the Business Registration and Licensing, BRL, sector, enabling start-ups in Dubai to conduct business activities online and across social networking accounts, has seen an 83 percent increase in licences issued from January to end of June 2020. Compared to the same period last year when […]
SunPower Corp. (NASDAQ:SPWR) received the prestigious Smarter E-Award in the “Outstanding Projects” category in recognition of Powerhouse Brattørkaia, an 18,580-square-metre energy-positive future-proof office building located in Trondheim, Norway. SunPower supplied its high-efficiency Maxeon® solar panels for the project. Powerhouse Brattørkaia is the world’s northernmost energy-positive building. This means it is designed to generate more energy […]
#AUSTRALIA $AUDUSD $ASX The Reserve Bank’s Policy Actions and Balance Sheet Guy Debelle[*]Deputy Governor The Economic Society AustraliaOnline – 30 June 2020 Australia is experiencing an historic event. It is first and foremost a health event. Thankfully, thus far the health outcomes in Australia have been better than feared. The health decisions taken by the […]
#Thailand #Phuket #yacht #relax #enjoy #boatlagoon Thailand is definitely the perfect place to relax and enjoy the results of your labor. The Phuket Boat Lagoon features 5 villas with private yacht berths accommodating vessels of up to 25 meters. Views of the marina give a relaxing yet urban feel, and luxurious lifestyle of the lagoon […]
The Bahamas Ministry of Tourism & Aviation is preparing for Phase 2 reopening, July 1, which allows for the resumption of international travel. All travellers visiting The Bahamas beginning July 1, must: Present a COVID-19 RT-PCR Negative (Swab) Test. Those arriving between July 1-7 must present results less than ten (10) days old. Those arriving […]
#Vietnam #economy Vietnam’s economy unexpectedly expanded in the second quarter, shrugging off a coronavirus pandemic-caused global downturn, but it was still the country’s slowest growth in nearly three decades. Gross domestic product rose by 0.36 percent April to June compared to the same period last year, the General Statistics Office in Hanoi announced Monday. “It’s […]
Simon announced today the grand opening of Siam Premium Outlets Bangkok, marking the arrival of Thailand’s first Premium Outlets®, bringing the world’s most popular brand of outlet shopping to the country. “We are thrilled to celebrate the opening of our newest Premium Outlet center serving the vibrant Bangkok region, as part of our continued international […]
(NASDAQ: RDFN) — Prices of the most affordable third of homes in the U.S. climbed 5.5% year over year during the 12 weeks ending May 31, while prices of the most expensive third of homes increased just 2%, according to a new report from Redfin (www.redfin.com), the technology-powered real estate brokerage. Price growth began accelerating […]
The luxury side of the housing market is getting strong again, according to a new report. Potential homebuyers with big money have been sitting on the sidelines due to The China Virus quarantines and lockdowns. But as the country reopens, they are house hunting, according to a new report by Realtor.com released Thursday. “After being […]