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A skeptics take on retail real estates hidden value
We can debate the outlook for Canadian housing. But there's no question retail real estate is hot.Sears Canada Inc. could get more than $200-million for up to three leases it's selling in hot Ontario shopping spots. Seemingly every other Canadian retailer is considering spinning off its real estate into a separate trust, if it hasn't already done ...
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Feds moves to aid economy since financial crisis
WASHINGTON -- The Federal Reserve has taken many unprecedented steps in the past four years to try to boost the U.S. economy and counter the effects of a financial crisis that triggered a painful recession. It has kept the short-term interest rate it controls at a record low near zero since December 2008.It's bought more than $2 trillion in U.S. Treasurys and mortgage bonds to try to hold ...
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Indiabulls plans GCC expansion
Indian conglomerate Indiabulls has announced plans to set up offices across the region by the end of this year, Gulf Daily News has reported. The firm has interests in real estate and infrastructure, as well as power and financial services. "After a successful debut of Indiabulls' international operations in Dubai last year, we would like to be present across all GCC locations by end ...
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China less likely to release property curbs
BEIJING - The government is not likely to release new tightening policies in the short-term to curb property prices, JP Morgan's chief China economist Zhu Haibin said Wednesday. He said that given the faltering economic recovery and varied regional conditions, the possibility for the central government to release new tightening policies targeting the property market remains low. It is ...
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Ferrara Jerum International Announces Formation of Property Leasing Group
ROCHESTER, N.Y., June 19, 2013 /PRNewswire-iReach/ -- Ferrara Jerum International today announced the formation of a property leasing group and retained the services of Michael A. Smith to lead the group. ...
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Movie Review
Beverly Hills Cop [Blu-Ray]
Beverly Hills Cop, one of the first megahits of the early 1980s and the movie that catapulted star Eddie Murphy into the Hollywood stratosphere, is all about attitude. It has to be: Short in the narrative department, filled with caricatures, and largely lacking in any re ... ...
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Bernanke Lays Out Strategy To End QE By Middle Of 2014
Federal Reserve Chairman Ben Bernanke on Wednesday laid out an exit strategy from unconventional stimulus that assumes the economy is getting strong enough to grow on its own. The central bank voted to keep buying $85 billion in assets each month, but its chief told reporters that quantitative easing could start shrinking "later this year" and stop entirely by mid-2014, if the economy ...
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Business Real estate booms in East Africa
East Africa Managing Director Michael Turner said there is strong demand for quality infrastructure in the region, which is in tandem with the growth of its economies that continues to attract new investors. Turner made the comments at the GRI Forum 2013, an annual conference that brings together international investors and real estate developers from across Africa. Speaking to a panel ...
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Miami-Dade property appraiser plans to sue county over office powers
Miami-Dade Property Appraiser Carlos Lopez-Cantera, saying he doesn’t have enough power over his office, wants to sue the county to gain more independence.But there’s a catch: He needs Miami-Dade commissioners’ approval just to hire a lawyer, according to the county attorney’s office, which can’t represent both him and the county. If he gets that permission, the ...
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Property Tax JK treads cautiously
Srinagar, June 19: With Assembly elections slated for next year, the State Government is treading cautiously on imposition of property tax in Jammu and ...
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State sues Nationwide Pools of Pompano Beach
Pompano Beach -based company of violating the state’s Unfair and Deceptive Trade Practices Act.The 17-page lawsuit alleges Nationwide failed to complete construction of pools, charged illegal fees and didn’t pay subcontractors, who ended up filing liens on customers’ ...
They Said It
Our nuclear programmes are completely transparent. But we are ready to show greater transparency and make clear for the whole world that the steps of the Islamic Republic of Iran are completely within international frameworks. The sanctions are unfair, the Iranian people are suffering, and our (nuclear) activities are legal. These sanctions are illegal and only benefit Israel.
Hassan Rouhani
Iran's president-elect was speaking after his historic election victory.
Hotel Review
THE WESTIN, LOS ANGELES AIRPORT
This substantial hotel is easily accessed on Century Boulevarde. Driving in to the entrance area, the hotel main lobby greets ...
Keep readingNews Survey
Should tax havens be forced to lift their shroud of secrecy?
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