
Switzerland’s Top Party Wants Fewer People — Employers Need More
Switzerland’s biggest party has decided that the country only has room for 10 million people — just as businesses struggle to fill vacancies.
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Switzerland’s biggest party has decided that the country only has room for 10 million people — just as businesses struggle to fill vacancies.
China Evergrande Group wiped out international investors, roiled financial markets and left thousands of suppliers in the lurch. Yet it was the developer’s failure to pay households who invested in its wealth management products that may have provided the last straw for Chinese authorities.
Thailand’s capital city will add a third passenger terminal to its biggest airport as the Southeast Asian nation prepares for a surge in tourist arrivals under a visa waiver program for Chinese visitors during the peak holiday season.
PineBridge Investments has turned bullish on China saying the authorities are starting to look more determined to bolster the ailing economy and there are fewer headwinds facing private companies.
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Jan 31, 2023
The Canadian Press
Home sales in Greater Vancouver are predicted to stay in line with last year’s slower pace, while prices inch up slightly.
The forecasts are contained in the Real Estate Board of Greater Vancouver's outlook for 2023 released Tuesday.
Historically, the report says rapidly escalating mortgage rates haven’t had as big a negative affect on prices as they have had on sales in Metro Vancouver.
It predicts 28,500 home sales in 2023, a 2.6 per cent decrease from last year.
While the current downtown has resulted in a price decline of about 10 per cent, the forecast says steady population growth in Metro Vancouver will underpin prices and maintain or even increase values.
It says the average home price this year for apartments, attached and detached homes is expected to climb slightly to $1.2 million, a 1.4 per cent increase.
However, the report says the risks to its predictions are an economic recession and even higher mortgage rates.
“The precise impact of a recession on the Metro Vancouver real estate market is difficult to predict since it largely hinges on the severity of the recession and the Bank of Canada’s policy response,” the report says.