The global fall in house prices was not reflected fully in the growing resort markets of countries with positive population trend. The fact is that real estate markets in Turkey, the Dominican Republic, the resort towns of Mexico and Egypt continue to stay in the green zone. Index of growth of the Turkish real estate exceeded 8% in the first quarter of 2010, which was European record for the market.
Dow Jones Industrial Average is in a difficult situation. Growth of Dow index remains real in the dreams bulls. The overall level of trading on the U.S. stock market is expected to be below yesterday’s level. To calculate the growth of Dow Jones in such circumstances becomes difficult. The level of risk remains high. After several days of growth in the markets there is a small correction.
The threat of a third world war is real. It was said by the well-known in Britain politician Aaron Hughes. According to him, Israel has made more than a rash move that could cost the country too much. “The Arab countries, even those who belonged to the Tel Aviv loyal in a state of near rage, and an apology from the Israeli Ministry of Foreign Affairs was never …” – Said Aaron Hughes.
Ukraine and Russia cease to be the supplier of the workforce in Europe. Migration in the European Union in order to enrich ceases to be so attractive. According to the Office of the European border control Frontex, the past year the number of illegal immigrants seeking to enter the European Union, has declined significantly.
The USA has sent to the Security Council of the UN a project of the resolution on expanding sanctions against Iran. The measures proposed are to destabilize Iranian bank sector and other spheres of economy due to its refusal to stop uranium enrichment. The project is reconciled by the USA, Great Britain, France, Germany, China and Russia after long-lasting negotiations.
Shareholders of the European Bank for Reconstruction and Development (EBRD) decided to increase the bank’s capital by 50% and thus pave the way for increased investment in the Bank over the next 5 years. According to the official documents of the Bank, this decision was made against the most serious a recession in the regional economy since the “fall of communism.” Board of Directors approved an increase in bank capital in the context of full compliance with the EBRD’s strategy for the period 2011-2015.
On the same day when the agency Moody downgraded the sovereign credit rating from A2 to Greece A3, the rating agency Fitch warned that the credit rating of Japan’s growing debt threatens the country. However, strangely enough, the latter may be a source of funds for the first.
The statement of Chinese group of scientists about discovery of Noah’s ark on Ararat Mountain has caused contradictory reactions in Turkey. The local authorities of the province of Agra, where the mountain is situated, just invite visitors to the mountain to see the object which everyone of us owes his life to.
Turkish authorities deny the discovery of Noah’s ark by Chinese scientists on Ararat Mountain. The administration of the province of Agra where the legendary mountain is situated say that the search of Noah’s ark has been lasting for many centuries but still there have been no proofs of its existence.
Chinese scientists say they have found the Noah’s ark on the Ararat Mountain in Turkey. The finding is on 4000 meters high. The hydrocarbonaceous analysis shows the age of the construction is about 4800 years old.
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