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14.01.26 - 18:36
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How Greenland Became The Most Dangerous Real Estate on Earth (ZeroHedge)
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How Greenland Became The Most Dangerous Real Estate on Earth
By Michael Kern of OilPrice.com
The United States will officially begin negotiations to dismantle the Western world's operating system in just about 30 minutes or so...and oil prices are up just over 1% in anticipation.
The meeting, which will take place at the Eisenhower Executive Office Building, will include Vice President JD Vance, Secretary of State Marco Rubio, and the foreign ministers of Denmark and Greenland.
The official agenda serves up standard diplomatic fare: "Arctic security," "strategic partnership," and "resource development."
But the reality in the room is far more brittle...
President Trump has made his position clear, stating on Air Force One that anything shy of U.S. control of Greenland is "unacceptable."
He has suggested that NATO "should be leading the way for us to get it," framing the acquisition not as a request, but as an obligation of the allianc...
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14.01.26 - 17:54
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Six suspects arrested in £300m fraud probe at UK social housing fund (The Guardian)
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Serious Fraud Office mounts seven raids on sites linked to company that raised £850m to tackle homelessnessThe Serious Fraud Office has arrested six people and raided seven sites in connection with a bribery and fraud investigation into a social housing fund.The agency estimated there had been £300m of “suspected offending” at Home Reit, which was once listed on the London Stock Exchange. Continue reading......
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14.01.26 - 17:12
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Grossman: Mortgage Plan May Backfire (Bloomberg)
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Former Fed adviser Neil Grossman says Washington's latest move to push down mortgage rates may actually backfire, calling the Fannie-Freddie plan “gimmicky." (Source: Bloomberg)...
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14.01.26 - 16:31
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DIGI Mike McKee on home sales (Bloomberg)
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Sales of previously owned homes in the US climbed in December as contract closings rose 5.1% to a 4.35 million annualized pace last month, the highest since February 2023. Michael McKee reports on Bloomberg Television. (Source: Bloomberg)...
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14.01.26 - 15:06
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Why mortgage subsidies could be key to getting China′s consumers spending (SCMP)
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China's property downturn and sluggish consumer spending have become twin anchors weighing down the economy over the past few years. Now, scholars at a top Beijing university are proposing a measure they believe could ease both problems: a mortgage subsidy.
The Tsinghua University economists have called for the introduction of mortgage interest rate subsidies as part of a wider effort to stabilise the property market, arguing that arresting the decline in housing prices will be critical to......
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14.01.26 - 08:18
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Trump′s planned limits on US property investing could spur foray into UK housing market (The Guardian)
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Ban on private equity firms buying single-family homes in US raises concerns instututions could boost deepen housing crisis on BritainLeading US investors and private equity firms could step up their foray into UK new-build housing after Donald Trump's move to ban institutional companies from buying single-family homes in the US, raising concerns that investors could “cut corners and increase rents”.The US president said last week that he would ask Congress to codify the measure as he tries to address concerns that families are struggling to buy or rent a home. The median property sale price was $410,800 (£305,000) last year, according to the US Census Bureau. Continue reading......
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