New York Times:
After years of development, the city has come to exemplify a deep, national ambivalence about the building boom’s lasting impact.
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New York Times:
Day in, day out, Norman Radow deals with the unpleasantries of the real estate mess. He works for lenders to revive developments gone awry.
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New York Times:
A swarm of local home buyers jumped into the real estate market last month, taking advantage of low interest rates, depressed prices and a federal tax credit for first-time buyers of homes.
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FT.com - Brussels:
News of the appointments of Herman Van Rompuy and Baroness Ashton drew a polite but muted response in Asia, where the EU is widely regarded as well-meaning but undynamic. (Read More)
Financial Times:
Markets have signalled high hopes in the 'billion-dollar' Dutchman who will lead the British high-street retailer Marks and Spencer. (Read More)
New York Times:
Morgan Stanley is handing over Crescent Real Estate Equities to Barclays Capital, winning forgiveness of a $2 billion loan that financed its acquisition of the real estate business in 2007. (Read More)
New York Times:
Shares rose despite a drop in Asia as investors recouped some of the previous day’s hefty losses ahead of a speech from the European Central Bank president, Jean-Claude Trichet.
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The Real Estate Bloggers:
Buried at the bottom of a New York Times article on the trouble FHA housing loans are in is this tidbit, Congressman Barney Frank of Massachusetts wants to raise the lending limits of an FHA loan $100,000. A few weeks ago, Congress extended the higher lending limits for another year. Representative Barney Frank, the Massach (Read More)
FT.com - World, Asia Pacific:
Billionaires in India and China outperformed their US peers this year, according to the Forbes rich list. Their fortunes rose sharply a year on from the global... (Read More)
FT.com - World, Asia Pacific:
India is rapidly losing one of its clear economic advantages over China, with the number of Chinese able to speak English on a par with its neighbour and rival. A... (Read More)
FT.com - International economy:
Only with proper firewalls between them can banks and capital markets function as two engines of economic growth. If one fails, the other can still carry on, writes Liu Mingkang. (Read More)
Financial Times:
India is rapidly losing one of its clear economic advantages over China, with the number of Chinese able to speak English on par with its neighbour and rival, says a new study published by the British Council. (Read More)