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Mortgage volumes in Europe have collapsed. Buyers can no longer finance themselves with loans at the level of previous years due to significantly higher interest rates.
And yet, the ECB has not yet spoken its last word on tightening monetary policy.
Raising interest rates further will neither stop inflation nor prevent the real estate market’s c
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Read more: Collapse of the mortgage market in Europe
Write comment (97 Comments)In an article published on Thursday 16th, George Soros, mogul and founder of the Open Society, which funds left-wing NGOs worldwide, analyzed the global picture in light of alleged climate change caused by human action and praised President Lula effusively.
In his article “Global Warming, Hot Wars, Closed Societies,” Soros assumes that while “two sy
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Read more: [Brazil] - Soros praises Lula and defends strong worldwide support for the PT party
Write comment (96 Comments)The Peruvian economy registered a growth of 2.68% in 2022, impacted during the last month of the year by social protests and evidencing a slowdown in economic growth compared to previous years and to the performance of other countries in the region in the same period.
According to the National Institute of Statistics and Informatics (INEI), Peru’s e
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Read more: Peru’s economy grew 2.7% in 2022, affected by protests in December
Write comment (90 Comments)After 8 years without being able to push for a new independence referendum and after failing to negotiate with London to pass a gender reassignment bill, Nicola Sturgeon announced her retirement from politics.
The leader of the Scottish National Party (SNP), Nicola Sturgeon, announced Wednesday that she would resign after 8 years as the head of the
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A week before the first anniversary of the invasion launched by Moscow to once again dominate Ukraine as in the times of the USSR, the Russian Foreign Minister proclaimed Wednesday that Russia wants to end what he calls the Western “monopoly” on “global affairs.”
Serguei Lavrov assured that the future must be decided not according to “selfish i
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Read more: [Brazil] - Lavrov announces Russia will reorient diplomacy to end Western monopoly
Write comment (95 Comments)After the good performance of public finances in 2022, Chile would again deepen the deficit as of the 2023 Budget presented by the Socialist Government.
The IMF forecasts an imbalance close to 1.2% of GDP by the end of the year.
Gabriel Boric’s government continues to threaten the fundamental pillars of the growth model that boosted Chile’s economy i
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Read more: The effects of Boric’s dangerous 2023 Budget: IMF warns it will bankrupt the State
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