Montenegro approved the first applications for citizenship by investment
According to the press service of Henley & Partners, the first application was considered only three months. The government of Montenegro approved the applications of three investors for citizenship. The…

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Saint Kitts and Nevis and Dominica to accept online applications for citizenship by investment
The demand for citizenship in Caribbean countries has increased sharply against the background of the pandemic, writes Caribbean 360. Two other Caribbean countries, Saint Kitts and Nevis and Dominica, have…

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The world's financial markets collapsed
On March 12, stock markets experienced a record drop in quotations. The leading American indexes lost 9.5–10 %, European ones fell by 12-17 %, and Russian ones fell by 8.3-11…

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crisis

The fed lowered its interest rate due to risks to the US economy

The regulator took emergency measures in connection with the spread of the coronavirus and the fall of markets. For the first time since the 2008 financial crisis, the rate decision was made at an emergency meeting. Donald trump is in favor of even more base rate cuts.

The us Federal reserve, which serves as the country’s Central Bank, lowered the interest rate by 50 basis points to 1 – 1.25% on March 3 as a measure of economic stimulus. The decision was made after an emergency meeting.

The US economy remains strong, but the spread of the coronavirus poses growing risks to economic activity, the fed said in a statement. Continue reading

Rating Agency S&P predicted a global recession
The world economy this year will be in recession for the first time since 2009, writes S&P Global Ratings. The rating Agency S&P Global Ratings released a report "global recession…

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Rental rates in Athens rose to 30 % over the year and exceeded pre-crisis indicators
In several districts of Athens, rent has risen in price over the past year by 20-30 % and exceeded the figures recorded before the crisis, reports ekathimerini.com. A similar situation…

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International hotel investment forum IHIF in Berlin postponed due to coronavirus
The IHIF forum, which was scheduled to take place next week in the German capital, has been moved to may 2020, according to event organizers. Organizers Of the international hotel…

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Rental rates in Spain have increased by 50 % in five years
In some regions of the country, the growth of rental rates exceeded 60 %. Over the past five years, residential real estate rentals in Spain have risen in price by…

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