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…

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More than 5,000 foreign investors have been granted Turkish citizenship in two years
The decrease in the minimum investment required to obtain a country's passport has led to a boom in the Turkish real estate market, writes Daily Sabah. According to the Turkish…

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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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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 here and now”. Experts predict that the world economy will be in recession in 2020 due to the coronavirus pandemic. Global GDP growth will be only 1-1. 5%, the Agency predicted.

China’s economy has suffered much more damage than previously thought, despite showing “uncertain” stabilization, s&p said. Continue reading

The US Federal reserve lowered its base rate to almost zero
The us regulator is taking measures to protect the economy from the effects of coronavirus. The us Federal reserve, which serves as the country's Central Bank, cut its benchmark interest…

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Luxembourg became the first country in the world with free public transport
Buses, trams and trains in the country are now free, and you don't need to buy a ticket. Luxembourg became the first country in the world to make public transport…

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Henley & Partners has identified the best residence permit and citizenship by investment programs in 2020
The consulting company Henley & Partners has published annual ratings of programs for obtaining a residence permit and citizenship through investment. Analysts reviewed the programs for obtaining a residence permit…

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The number of countries transmitting information about tax residents to Russia has increased
The organization for economic cooperation and development (OECD) continues to fight tax evasion and illegal profit-withdrawal schemes. One of the methods is the automatic exchange of information about foreign accounts,…

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