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In an era of historic inflation, one alternative investment has been making its way into portfolios as a diversifier and potential hedge against stubborn price pressures: farmland.
Iraq is pitching a $17 billion network of roads and railways it says will help the region transport energy resources, goods and passengers, government spokesman Basim Al-Awadi told reporters in Baghdad.
Bernard Arnault, the world’s richest man, will scrap a plan to build a luxury hotel in Beverly Hills after residents in the wealthy city appeared to vote against the project.
Pressure is mounting on the landlord at the center of Sweden’s property crisis after the company’s credit rating was downgraded to junk for a second time.
Iceland’s labor market parties must rein in wage growth to help slow interest rate hikes, according to the central banker in charge of western Europe’s most aggressive monetary tightening campaign.
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