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Russia extends cheap mortgages to boost construction

Location:

RUSSIA

The explanation lies in a government scheme offering subsidised mortgages, which drew prospective buyers to move faster than they might otherwise have done. While housing demand…

Rising interest rates cool Canadian housing sector

Location:

CANADA

After more than a decade of largely unchecked growth, a sharp rise in interest rates appears to be cooling the housing market. With the Bank of Canada committed to curbing…

Indonesia tax amnesty could strain Singapore relations

Location:

INDONESIA/SINGAPORE

The tax amnesty could see more than 40 billion dollars in untaxed funds entering Indonesia's economy, the central bank estimates. The measure is the latest in a series of…

Elite churn raises cautious reform hopes in Montenegro

Location:

MONTENEGRO

Its wider importance lies in the potential to stimulate trust in the electoral process, inspiring disillusioned populaces and weak opposition movements. Meanwhile, Serbia’s…

Palestinian refugee violence will be hard to control

Location:

PALESTINIANS

The tensions have been exacerbated by increasing high levels of poverty, triggered by the collapse of the Lebanese economy and a UN funding gap, weak Palestinian leadership, the…

Russian regions are to halve deficits this year

Location:

RUSSIA

Last year, these transfers hit a record level, as Moscow issued extra money to help regions cope with the COVID-19 pandemic, but this was still not enough to cover all their…