looking beyond borders

foreign policy and global economy

Archive for the tag “housing”

Desperate Chinese Middle Class Take Big Risks To Move Money, And Themselves, Overseas

A growing number of Chinese have rushed to obtain long-stay visas or property in friendly foreign countries as an insurance policy against a worsening of domestic conditions. Spurred on by a lack of investment options at home and rattled by the sweeping anti-corruption campaign of President Xi Jinping, those with significant assets are looking for ways to move their money overseas, by legal means or otherwise.

Read Here – South China Morning Post

Inside Pakistan’s Biggest Business Conglomerate: The Pakistani Military

In July 2016, the Pakistani senate was informed that the armed forces run over 50 commercial entities worth over $20 billion. Ranging from petrol pumps to huge industrial plants, banks, bakeries, schools and universities, hosiery factories, milk dairies, stud farms, and cement plants, the military has a finger in each pie and stands today as the biggest conglomerate of all business in Pakistan. However, the jewels in their crown are the eight housing societies in eight major towns where prime lands in well-manicured cantonments and plush civil localities in the possession of these societies are allotted to military personnel at highly subsidised rates.

Read Here – Defense One

The Risks To America’s Booming Economy

The US has experienced a decade of excessively low interest rates, which have caused investors and lenders to seek higher yields by bidding up the prices of all types of assets and making risky loans. The danger is that overpriced assets and high-risk loans could lose value and cause an economic downturn.

Read Here -Project Syndicate

Will Bibi Go?

If Netanyahu is ousted, he’ll likely be remembered as a leader who failed to advance the peace process with the Arabs, failed to derail the Iranian nuclear program—despite inveighing against it for years—and devoted most of his energy to preserving a problematic status quo.

Read Here – Politico

Fading Headwinds

Ben S. Bernanke says the headwinds that have held back the U.S. economy may be abating, leaving the country poised for faster growth as his tenure as Federal Reserve chairman comes to an end.

Read Here – Bloomberg

Post Navigation

%d bloggers like this: