Struggling with dollar scarcity, the Central Bank of Argentina (BCRA) announced on June 29 that it has incorporated the renminbi yuan as an accepted currency for deposit-taking in savings banks and checking accounts, enabling financial entities to open bank accounts … Continue reading →
Minimum Energy Efficiency Standards (MEES) are regulations requiring a minimum energy efficiency standard to be met before properties in England and Wales can be leased or sold. The standards are measured by an energy performance certificate (EPC) rating. According to … Continue reading →
In November 2022, Reuters reported that The Trump Organization has partnered with Saudi developer Dar Al Arkan, to license the Trump Brand to a $4 billion project in Oman that includes a golf course, hotel and villas. Named AIDA, the … Continue reading →
South Africa is experiencing a 15-year power crisis that is causing widespread rotational power cuts, known as loadshedding. In 2022, there were 3,773 hours of loadshedding (the most intensive year of loadshedding in South Africa’s history), according to CleanTechnica. The … Continue reading →
According to The Washington Post, Brazil’s gross domestic product (GDP) expanded four percent on an annual basis in the first three months of 2023; the country’s rate of inflation is at 3.9 percent; CPI is seen finishing the year at … Continue reading →
The Canada Mortgage and Housing Corporation reports that as of 2021, the country’s household debt was at 107 percent of its GDP, and its “very high levels of household debt … makes the economy vulnerable to any global economic crisis.” … Continue reading →
In a statement issued on May 4th, the Central Bank of Argentina (BCRA) prohibited payment service providers (PSPs) from carrying out or facilitating operations with cryptocurrency assets. According to the statement, the measure ordered by BCRA “seeks to mitigate the … Continue reading →
A district judge in England has ordered Donelan Trading Ltd. to rebuild an 18th century pub building within 12 months and using the stones from the demolition rubble, according to The Washington Post. A trial last year at Burnley Magistrates’ … Continue reading →
A new study by Watling and Breach finds that Britain’s housing shortage began at the beginning of the post-war period, not at its conclusion. England and Wales saw housebuilding rates drop by a third after the introduction of the Town … Continue reading →
Savills reports that Southeast Asia’s e-commerce sector is projected to develop at a compound annual growth rate (CAGR) of 34 percent to USD $102 billion by 2025, up from USD $5.5 billion in 2015. From 2016 to 2021, the total … Continue reading →