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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,...
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US car makers Ford, GM and Chrysler have requested a $25bn bail-out from Congress. They have warned that without the bail-out all companies risk collapse and a potential widespread effect to the US economy.
The Whitehouse and the Republicans do not want to use the $700 bn bank rescue to help the car firms. GM has warned that it can no longer wait until January for President-elect Barack Obama to aid the industry when he is sworn in. The global financial crisis is said to be the cause of the industry's struggles rather than any failures in management.
It has been warned that millions of jobs are at risk, whilst 4% of US GDP could be lost without any government action. Congressional leaders are working behind the scenes to work out a financial compromise that would provide car makers with financial aid before the end of the year.
Democrats have so far rejected the option favoured by the White House and Republicans, which is to let the industry use a $25bn loan programme designed to help the companies develop more fuel-efficient vehicles.
US Car Firms $25bn Bail-Out
US car makers Ford, GM and Chrysler have requested a $25bn bail-out from Congress. They have warned that without the bail-out all companies risk collapse and a potential widespread effect to the US economy.
The Whitehouse and the Republicans do not want to use the $700 bn bank rescue to help the car firms. GM has warned that it can no longer wait until January for President-elect Barack Obama to aid the industry when he is sworn in. The global financial crisis is said to be the cause of the industry's struggles rather than any failures in management.
It has been warned that millions of jobs are at risk, whilst 4% of US GDP could be lost without any government action. Congressional leaders are working behind the scenes to work out a financial compromise that would provide car makers with financial aid before the end of the year.
Democrats have so far rejected the option favoured by the White House and Republicans, which is to let the industry use a $25bn loan programme designed to help the companies develop more fuel-efficient vehicles.
Nazare, Portugal
• Below market value
• 9% Rental Yields
• Instant equity
• Boutique Town Centre Development
• Strong potential for Capital Appreciation
... View All Our Properties
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