Dubai, Boom and Bust

President Barack Obama, in a June speech to the Muslim world in Cairo, singled out Dubai as a place where economic development worked.

UK Housing Prices Set Five Year Record

UK Home prices set five year record.

First Rise In UK Housing Prices

According to the UK’s Land registry, house prices have risen both in England and Wales for the first time since January 2008

Europe see signs of recovery looks for exist strategy

The European Union, in sharp contrast to the White House, plans to  significantly decrease economic stimulus programs.
The 27  government heads agreed that there are enough signs to signal a looming end to what they call the “worst recession since WWII” and also agreed to implement new banking and financial regulations.
“It is important that consolidation keeps [...]

World’s Best Cities

United Kingdom
London, 28 April 2009

European cities dominate the top of the ranking

Vienna scores highest for overall quality of living, Baghdad the lowest

Singapore ranks top for city infrastructure; London ranks eighth

Vienna has passed Zurich to take the top spot as the world’s city with the best [...]

Canadian real estate rebounds stronger than expected in April

National Post Published: Friday, May 15, 2009
The Canadian Real Estate Association said this week that the rebound in home sales and prices for April was stronger than expected.
Seasonally adjusted national sales climbed 11.2% from March, the largest month-over-month gain in more than five years. The number of homes that changed hands (34,838), was higher [...]

Argentina and Venezuela nationalization plans

Nationalization virus is spreading in South America.
Hugo Chacez wants to nationalize Spain-based Banco Santander and of course the oil industry while Argentine President Cristina Fernandez defended the nationalization of billions of dollars in private pension funds and the country’s top airline. Story