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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MIPIM international exhibition in Cannes postponed due to coronavirus
The organizers of the International commercial real estate exhibition decided to postpone the event to June. The international commercial real estate exhibition in Cannes, France, MIPIM has been postponed to…

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Greece has become the world's strongest market for rising house prices
After nine years of falling house prices, the Greek market is growing strongly again thanks to measures to support it and improve economic conditions. The Greek property market was the…

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reason

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

French businesses temporarily exempt from property payments

The French President introduced a delay in utility and rental payments for small businesses. The country’s authorities are trying to support the economy in connection with the spread of the coronavirus.

French President Emmanuel macron, in a televised address to the nation on March 16, spoke about the measures that will be taken to compensate for business losses from the pandemic, Le Parisien reports.

According to the President, small companies “will not pay any taxes or fees.” Water, gas, electricity and rent bills will be frozen for small and medium-sized businesses. Continue reading

Knight Frank named the most prosperous cities in the world
International consulting company Knight Frank has prepared a report City Wellbeing Index 2020. Analysts measured the quality of life in 40 cities around the world. Knight Frank experts have developed…

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Russia has restricted air traffic to all countries of the world
Only regular flights from Moscow to the capitals or major cities of foreign countries are maintained. Here is a full list of current flights. Russia has restricted air traffic to…

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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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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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