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
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 first Montenegrin passports under the program will be issued to an investor from Egypt and his family.
While the government has approved only a few real estate projects where you can invest participants in the program. It is expected that in the near future such projects will be much more, which will increase the number of applicants for citizenship. Continue reading
How does the EB-5 program work?
A foreign investor can get a residence permit (green card) for an investment of $ 900 thousand in a new commercial project in the United States. Together with the investor, the residence permit will be issued to his family members: spouses and children under the age of 21 who are not married.
The EB-5 program was introduced by Congress in 1990 to stimulate the US economy: attracted investment creates jobs for US citizens. Continue reading
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 %. For the first time in four years, the dollar exchange rate reached 75.5 rubles, and the Euro exchange rate exceeded 84 rubles. Investors are responding to the threat of isolation due to the spread of the coronavirus.
On Thursday, March 12, trading on us exchanges led to a rapid drop in quotations and the renewal of multi-year lows. Continue reading
Knight Frank analysts in the annual report the Wealth Report 2020 calculated in which cities of the world luxury housing is becoming more expensive the fastest.
Consulting company Knight Frank published the Prime International Residential Index, which ranks 100 cities in the world by the growth of prices for luxury real estate. According to the company’s estimates, in 2019, premium housing has risen in price by 2% worldwide. Continue reading