When the small Caribbean island of Grenada severed diplomatic ties with Taiwan in 2005, it received a small present from the Chinese government: a $55 million stadium. It was part of $132 million China gave out to Caribbean countries in aid and soft loans in the years leading up to the 2007 Cricket World Cup. Critics say the investment was a reward to countries that had broken off formal relations with Taipei in favor of Beijing. As if to answer the criticism, China has reinforced the message. Lavishly.
May 30th, 2011 | Posted in Global Finance,Headlines | Read More »
Colombia, Peru and Chile are where multi-billionaire entrepreneur Sam Zell is investing next, he told CNBC recently. Due to a merger, “…the stock exchanges of Colombia, Peru and Chile…will become the second-largest exchange” in Latin America behind Brazil and ahead of Mexico, said the chairman and founder of Equity Group Investments. “That stock exchange event will act like a funnel to these countries.”Zell’s name has been mentioned in connection with a $15 billion plan to build low-income houses in Brazil, a service he performs in Mexico for a princely sum.
May 20th, 2011 | Posted in Global Finance,Headlines,International Real Estate,Real Estate News | Read More »
Cinco de Mayo is observed in locations around the world as a celebration of Mexican heritage and pride. For the most part the celebrations combine food, music and dancing. Cinco de Mayo is perhaps best recognized as a date to celebrate the culture and experiences for people of Mexican ancestry, much as St. Patrick’s Day, Oktoberfest, and the Chinese New Year are used to celebrate those of Irish, German, and Chinese ancestry, respectively. In fact, in the US, Cinco de Mayo is celebrated more than in Mexico itself, with major street parties in San Antonio, Long Beach, New York, San Diego and Miami.
May 4th, 2011 | Posted in Headlines,International Real Estate | Read More »
If you are contemplating finding a residence for sale in Spain as your next home purchase, there are numerous points to consider prior to making your choice. Many reasons exist that one begins to look into the worldwide buyers’ marketplace, but there are also many reasons that might deter one from getting into the international real estate market. When it comes to buying real estate on the Spanish countryside, many of the considerations take on a slightly unique position than when one is thinking of buying a second home in London or in Paris.
May 1st, 2011 | Posted in Headlines,International Real Estate,Real Estate News | Read More »
