Real Estate Foreclosure Blog
Against the background of the continued economic crisis the G-8 countries were hesitant in taking jumbo decisions. The leading industrial democracies of the world held a summit in earthquake torn L’Aquila, Italy. They passed on the responsibility of many of the priorities to a bigger group of nations that will deal with talks on trade [...]
It has largely been admitted that the financial crisis was largely brought about because of de-regulation. Now the Obama government is trying to tackle the ailments of the financial system with re-regulation. A new entity will be set up for this purpose but already many have taken up cudgels against it. De-regulation allowed the entering [...]
The global recession has brought home the fact that it is the affluent developed world that has brought about the environmental disaster and thus the development index should rely more on the human factor rather than the money power. While the index emphasizes on health, education and a ‘decent’ standard of living it lapses by [...]
At this critical juncture it would help many Americans to opt for financial dieting as they have become unfit as far as finances are concerned. Consumers are in debt touching record numbers. The savings numbers are the lowest in the last 25 years. In 2004 the number of personal bankruptcy filings broke records. The statistics [...]
India has teamed up with Russia and China in questioning the domination of the American dollar. Suresh Tendulkar Chairperson to the Economic Advisory Council of the Indian Prime Minister Dr. Manmohan Singh has been telling the government to hold fewer dollars in its foreign exchange reserve that calculates to $264.6 billion. He was being interviewed [...]
White House and the Congress have come up with proposals to impose further taxes on the rich – the highest rate since the last 25 years. The latest proposal came from House Ways and Means Committee chairperson Charles Rangel (Democrat) and some others. The plan is to levy surtax of a maximum of 5.4% on [...]
For many months the news about the real estate has been gloomy but recently a streak of light is entering the housing market. As per latest statistics, sale of residential units are picking up. In some pockets the sale price of the houses are also moving up. One such area is the region of the [...]
Mere faith and hope in stimulus plan are not by themselves sufficient to keep the engine of the economy chugging. The actuaries of USA Bureau of Labour Statistics or BLS suddenly find the camera is focused on them. Hitherto their employment figures released in the first week of every month drew scant interest except for [...]
Real Estate Foreclosure Blog