Archive: May2016

EU Crisis Averted before Brexit Vote

EU Crisis
31 May 2016
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Eurozone deal to Greece averts EU crisis well ahead of Brexit Vote Under pressure ahead of Britain’s June 23rd referendum vote, policy makers in Brussels emerged from an 11- hour negotiation between the I.M.F. and Eurozone leaders with an agreement that will stave off Greece’s creditors this July. Following the fourth round of rescue loans, […]

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Chinese To Double US Investment in 2016

Chinese Investments Double
31 May 2016
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Chinese, Top Investors in US Property, Set to Double Investment Chinese buyers have spent over $93 billion in purchases of residential property from 2010 until 2015; Chinese buyers, however, only make up 10% of all foreign investment in the US. The injected investments provided much needed demand in many US housing markets where property values […]

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G7 Against Brexit

G7 Against Brexit
31 May 2016
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   G7 Against Brexit Meeting at the summit in Shima, G7 leaders emphasised concerns that a Brexit would have a negative impact on global economies, a statement that may add authoritative weight that will tip the scales further in the direction to stay in the EU. The G7 has also affirmed its commitment to market-based […]

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Compare Money Transfers

Compare Money Transfers
31 May 2016
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More than $583 billion is Transferred in Remittance Annually Workers abroad sending remittance home to developing countries have benefitted from the decision to reduce the cost of transfers that was made by the G8 summit of 2004. Remittance – or money transfers – made by foreign workers back to home countries account for nearly as […]

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