France closes schools and universities due to coronavirus
The coronavirus epidemic is just beginning, warns Emmanuel macron. On the evening of Thursday, March 12, French President Emmanuel macron announced in a televised address to the nation that all…

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In new York, large brokerage companies acquire smaller firms
Mergers and acquisitions are the most significant trend in the new York real estate market, writes Forbes. Amid the panic, big players are buying up small companies. In new York,…

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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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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

New rules for foreign account holders
From 2020, it will be easier for Russian residents to receive income from real estate to their foreign accounts. Tranio lawyers explain what this means, how to submit reports to…

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The boom in the real estate market in the Netherlands continues
Supply does not keep up with demand, and prices are rising, according to Global Property Guide. Property prices in the Netherlands continue to rise, supported by record low interest rates,…

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Barack Obama's childhood home is for sale in Hawaii for $ 2 million
A modest mansion in Hawaii, where Barack Obama lived with his mother and grandmother, is for sale for $ 2.2 million, writes Forbes. In the house, which is located on…

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Spain has imposed a 15-day quarantine
The Spanish authorities followed the example of their Italian colleagues and introduced a nationwide quarantine. Spaniards should not leave their homes unless "absolutely necessary," the country's Prime Minister said in…

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