International Property News

02

Anti-capitalist protesters scuffled with police outside the Bank of England today as Gordon Brown received a series of world leaders in Downing Street to prepare for tomorrow's G20 summit.

First up was Barack Obama, making his first trip outside North America since his inauguration, The US President and his wife, Michelle, received a rare round of applause from staff at No 10 as they arrived for a breakfast meeting this morning.
Mr Obama's outsized motorcade was just the first in a series of armoured convoys due to pass through the Downing Street gates. The Prime Minister was also holding talks with President Medvedev of Russia, President Hu of China, the Indian Prime Minister, Manmohan Singh and Taro Aso, Prime Minister of Japan.

But the two leaders who most threaten to upset Mr Brown's plans for the G20 are not due at No 10 until this evening when all the G20 heads of state and government meet for a pre-summit dinner.

Mr Sarkozy and Angela Merkel, the German Chancellor, have already scuppered UK attempts to have the meeting endorse a massive and coordinated fiscal stimulus. They are now pushing for the summit to make clear progress on tighter regulation of financial markets to replace the "light-touch" Anglo-Saxon model blamed for the current crisis.
Hong Kong led a strong region-wide rally across Asia Pacific on Thursday amid growing optimism about the outlook for the US economy following better-than-expected data.

The Hang Seng rallied 7.4 per cent to 14,521.97, its biggest one-day gain since December 8 and at its highest closing level in three months. HSBC led the market higher, with a 15.3 per cent rally.

Actions: E-mail | Permalink |

Post Rating

Property News

Greece's finance minister resigned on Monday due to ill health, throwing the government's drive to soften the terms of an international bailout into confusion less than a week after it took office. With the win of right wing leader of New Democracy Antonis Samaras, it is assured that Greece has made it to the Eurozone.

The recent World Bank report suggests developing nations to get prepared for a tough economic scene which is about to appear in near future. Fearing the financial crisis to spread to bigger regions such as Italy and Spain...

Spain warns euro can be finished in months – without banking and fiscal policies. The EU summit in Brussels should assure markets that euro is to be safe-guarded against all odds. As recent reports suggest, Spain was looking out for an immediate bailout of funds from the euro-zone.

t looks as my wishes came true as in the last minutes Countries agreed a deal today to push for a new climate treaty, salvaging the latest round of United Nations climate talks from the brink of collapse. After more than two weeks of intense talks, some 190 countries agreed to four main elements.

More good news for home owners with Europe as The European Central Bank has cut interest rates back to their historic low of 1%, as expected by markets. UK interest rates have been held at a record low of 0.5% by the Bank of England's Monetary Policy Committee.

Global housing markets under pressure and other than a few pickets of resistance in Uk and other traditionally strong markets, the world's housing markets were on balance weaker during the year ending in the second quarter of 2011

Dubai Property owners are facing legal limbo as developers prematurely withdraw their maintenance services in anticipation of owners taking over the building’s upkeep, a property lawyer said. Property "Owner associations" (OA) waiting for registration have been left unable to pay bills

The Eurozone crisis appears to have pushed more European tenants into the central London rental market since the beginning of the year, with European tenants taking 30.4% of all new lets between January to May 2011 compared to 25% during the same period in 2010. By Knight Frank

Property markets in the UK may be reaching a turning point, according to the latest property analysis snapshot from real estate consultants Colliers International. The phrases ‘risk curves’ and ‘quality secondary’ are increasingly heard in informal conversation suggesting that movement may be imminent, it says.

Western Canada has the reputation of being one of the most beautiful places in the world, and Whistler, where all our holidays depart, has won the reputation as North America’s finest resort (as rated by Snow Country Magazine for the past six years).

Services
blog

Blogs

instagram

Instagram

facebook

Facebook