When Kayed Abu Awwad sold his home in Oak Lawn, Illinois, in June, he never imagined that he and his family would be homeless a few weeks later.
Hotel of Terror owner still negotiating with Springfield on property’s sale
What’s the latest with the Hotel of Terror negotiations? The owner, while hopeful, says he doesn’t fully trust the city.
Giant Chaudhary Group to expand leisure footprint in Sri Lanka
South Asia’s largest hospitality conglomerate the Chaudhary Group yesterday expressed its strong intent in expanding the footprint in Sri Lanka from 14 properties at present including investment in …
China Urges Mortgage Easing to Stabilize Ailing Property Market
China is pushing to scrap rules that disqualify some people who have previously taken out mortgages from benefiting from the lower rates enjoyed by first-time buyers.
China’s property meltdown is gathering pace — and it’s bad news for Australia
China’s economy is in serious trouble. The country’s property sector, once a powerhouse of national economic growth, is in meltdown — and there are predictions of worse to come, writes Ian Verrender.
Cyprus rental costs on the rise across all property types
Cyprus’ rental prices across all property types experienced a rise during the second quarter of the year, according to a report released on Thursday by Ask Wire, a Cypriot tech-informed real estate …
Forcibly displaced Armenians of Nagorno-Karabakh call for UN peacekeepers to ensure return
ARMENPRESS. The forcibly displaced Armenians of Nagorno Karabakh who had to leave their homes as a result of the 2020 war have released a statement in response to the Russian Foreign Minister Sergey …
East Palestine derailment costs take toll on Norfolk Southern’s quarterly earnings
ATLANTA — Norfolk Southern’s second-quarter earnings took a hit from costs related to the East Palestine, Ohio, derailment, which more than doubled to $803 million and consumed 42% of the railroad’s …
Kyrgyzstan: Sensational kidnapping claim turns into same-old corruption story
A former top official in Kyrgyzstan went to the press last week with a sensational story about her son allegedly being kidnapped. Now it is she that is under arrest, on corruption charges …
Will Israel’s Domestic Turmoil Really Trigger an Exodus?
Economic repercussions of the protests against the judicial reform are already being felt. This week, Moody’s Investors Service warned that Israeli government bodies are now “less predictable and more …