Tag: Economy
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‘Fertile Ground’: Baghdad Sees Timid Revival With Investment Drive
On a summer evening, Iraqis smoke shisha and go bowling at a sprawling riverside complex in Baghdad, one of the many new investments reviving the capital after decades of turmoil. “Iraq is fertile ground for investments,” said Falah Hassan, the executive director of the complex of restaurants and shops built on the grounds of one of ... -
Austin looks to tame its housing affordability crisis with zoning reforms
Sign up for The Brief, The Texas Tribune’s daily newsletter that keeps readers up to speed on the most essential Texas news. As Austin’s sky-high housing costs put increasing pressure on renters and homeownership out of reach for many working Austinites, a yearslong fight over what kind of housing the city should allow could be ... -
Digital nomads can live for free in Sardinia — here’s how to apply
The village of Ollolai, Sardinia. Source: Antonio Meloni Clarese Partis, a 39-year-old software designer from Los Angeles, has always wanted to work from an offbeat spot far from the crowds. So when she was offered such an opportunity, she instantly grabbed it. Last week, Partis landed in the Sardinian village of Ollolai in Italy ... -
Real estate prices surge by 7.7%, KNEWS
By Marinos Kyneyiros* The prices in the Cyprus real estate market have been going up in recent years. This increase is mainly due to higher costs of construction materials and growing demand. As a result, both rent prices and home/apartment sales are on the rise. Lately, it’s become noticeable that many property owners, land developers, ... -
Stock moves, data and earnings
33 Mins Ago UK unemployment rises in line with expectations The U.K. unemployment rate rose 0.5 percentage points to 4.3% in the May to June period, official figures showed Tuesday, in line with expectations. Economic activity rose 0.1 percentage points, to 21.1%, driven by 16-24 year olds. The number of people inactive owing to long-term sickness hit ... -
New figures show first average house price rise since late 2021
New figures show a slight uptick in New Zealand’s average house prices, the first quarter of positive growth since late 2021. The latest QV House Price Index was released this morning, showing the average national house price rising by 0.5% to $893,639. A statement announcing the figures was titled: “Has the real estate recovery begun?” ... -
Azersu signs contract with Israel’s Mekorot for technical consultancy [PHOTOS]
The State Water Resources Agency of Azerbaijan Azersu OJSC and Israel’s National Water Operator Mekorot Water Company signed a contract for technical consultancy within the framework of the seawater desalination project, Azernews reports, citing Azersu OJSC. At the meeting with representatives of Mekorot Water Company, the Agency’s chairman Zaur Mikailov informed the guests about the ... -
Labour, Infrastructure Issues Hold Back Surging Vietnam Investment
Pictures by Nhac Nguyen. Video by Quy Le Bui. President Joe Biden visits Hanoi Sunday to boost economic ties as Washington looks to move away from over-reliance on China, but a lack of highly skilled labour and infrastructure weaknesses mean Vietnam may struggle to replace its neighbour. Vietnam has become an increasingly important destination for ... -
Amazon Global Selling offers consultancy at VIFA ASEAN 2023
Amazon Global Selling kicks off activities at VIFA ASEAN 2023, a destination to explore and experience export models for the furniture and handicraft industry. — Photo Courtesy Amazon Global Selling Vietnam HCM CITY — A series of consultancy presentations from Amazon experts are being offered at the Vietnam – ASEAN International Furniture & Home Accessories ... -
National’s tax plan would see house prices rise
National’s new tax policies to bring back foreign buyers and landlord tax breaks could heat up New Zealand’s housing market, according to experts. The bright line test — which currently sees tax paid if a house is sold within a decade — would also be reduced to two years under National’s plan. Various experts spoken ...