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Vietnam Property - Government Stimulus PackageA $1 billion stimulus package is to be introduced by the Vietnamese government to boost the...
Middle East Property - Abu Dhabi Remains ConfidentWhilst Dubai's property market suffers from its market slowdown, rising job losses and falling...
France Property - Sarkozy Announces Rescue PackageThe French government is preparing a rescue package for France's property industry. President...
Middle East Property - Job losses in DubaiJob losses in Dubai continue as the global credit crisis takes its hold. Developers are recording...
Morocco Property - Investment SlowingMorocco has been a growing market dominated primarily by tourism. But the property market is now...
China Property - Market Recovery Expected?China's property market is expected to recover in the second half of 2009. Analysts claim that the...
UK Property - Rents FallingThe UK residential market is suffering from falling rentals as home owners place their 'failed'...
UK Property - Market OutlookDespite huge interest rate cuts at the end of last week, the UK property market has a poor outlook....
South Africa Property - Large Development To Go AheadDurban in South Africa is to receive the country's first international theme park including villas,...
‹ Go back
Markets in Asia and Europe have fallen over fears that the global economy is headed for recession.
The Dow Jones Index has fallen to its lowest in over 5 years, whilst the London FTSE has fallen by 1.6%. The French and German markets have also dropped considerably.
The Asian markets are also down as Japan's Nikkei index closed down 6.8% and Hong Kong's main index dropped over 4%. With Japanese exports falling, with further drops are to be expected.
Mining shares are some of the hardest hit. But it is believed that steel and other raw materials will also be hit as the economy slows even more. Steel giant Arcelor-Mittal has lost 6%.
Oil prices have also been falling, now approaching around $50 a barrel. The US has now lowered its economic outlook for 2009.
US GDP could be flat or grow slightly by the end of this year, but could possibly shrink over 2009.
Positive economic growth is oly expected to come in 2010, with further interest rate cuts. Fears over an economic slowdown in the US have been worsened by the month on month consumer price falls of 1%.
Asian and European Markets Struck By Recession Fears
Markets in Asia and Europe have fallen over fears that the global economy is headed for recession.
The Dow Jones Index has fallen to its lowest in over 5 years, whilst the London FTSE has fallen by 1.6%. The French and German markets have also dropped considerably.
The Asian markets are also down as Japan's Nikkei index closed down 6.8% and Hong Kong's main index dropped over 4%. With Japanese exports falling, with further drops are to be expected.
Mining shares are some of the hardest hit. But it is believed that steel and other raw materials will also be hit as the economy slows even more. Steel giant Arcelor-Mittal has lost 6%.
Oil prices have also been falling, now approaching around $50 a barrel. The US has now lowered its economic outlook for 2009.
US GDP could be flat or grow slightly by the end of this year, but could possibly shrink over 2009.
Positive economic growth is oly expected to come in 2010, with further interest rate cuts. Fears over an economic slowdown in the US have been worsened by the month on month consumer price falls of 1%.
Nazare, Portugal
• Below market value
• 9% Rental Yields
• Instant equity
• Boutique Town Centre Development
• Strong potential for Capital Appreciation
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