As if the economic fallout from the novel coronavirus pandemic weren’t enough, a series of trade battles have redoubled the United States’ economic woes in recent weeks. Like everywhere else around the globe, the U.S. has seen a severe downturn in nearly every economic sector and soaring rates of unemployment as the country shut down in the face of COVID-19.
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Some public arts funding the city had expected to spend this year will be used instead to help St. Albert handle an approximate $7-million shortfall in its operating budget from the COVID-19 pandemic.
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During the worst of the stock market crash in March, the City of Medicine Hat’s equities investment fund had lost $20 million, but proceeded to gain back about half those losses over the next six weeks, city councillors heard Thursday.
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Day traders have piled into bankrupt and distressed companies in recent weeks, thumbing their noses at experts and proclaiming that “stocks only go up.”
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Cyprus is one of those countries that actively advertises its real estate market and offers additional perks that can come with the purchase – such as residence permit or even a passport.
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Australia’s 2 million landlords will miss out on billions of dollars in rental income over the next two years as tenants struggle to pay.
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Rajiv Ruparelia, Managing Director Crane Management Services that owns several shopping malls and arcades said the government should intervene by urging Uganda Revenue Authority and utility service providers to give landlords a tax holiday to enable them to pass on the benefits to tenants.
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It plans to develop framework to address issues such as rent and help to resolve disputes
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Motorists cruising Black Diamond’s busiest streets have been directing their gaze upwards.
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The value of the property portfolios held by Australia’s real estate trusts are diverging sharply with some proving more resilient to the pandemic’s effects than others.
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