Monthly Archives: April 2021
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Trevor Lawrence will receive a signing bonus in Crypto; Mobile wallet use soars
Trevor Lawrence partners with Blockfolio, will have signing bonus placed in cryptocurrency account Trevor Lawrence is going to be paid this week – in crypto. He ... -
Pandemic, Online Shopping May Lower Clothing Prices This Eid
DUBAI: Property prices in Dubai have now been stable for three months at the trot – the first time this has happened in five years, Tellimer ... -
Oil prices slide from six-week high as concerns over India’s demand weigh
DUBAI: Property prices in Dubai have now been stable for three months at the trot – the first time this has happened in five years, Tellimer ... -
Poverty in Myanmar could double after chaos of coup, UN report says
DUBAI: Property prices in Dubai have now been stable for three months at the trot – the first time this has happened in five years, Tellimer ... -
Another ‘non-paper’ shakes Kosovo and Serbian leaders
Another day, another “non-paper†in the Western Balkans. Hardly had the dust settled on a diplomatic dispute between Bosnia and Herzegovina and Slovenia over the content ... -
Turkey Says Thodex Crypto Scam Involves $ 108 Million Wallet
The collapse of one of Turkey’s largest cryptocurrency exchanges affects a portfolio estimated at $ 108 million (890 million Turkish liras), Interior Minister Süleyman Soylu said ... -
Beijing’s pressure on fragile real estate developers becomes real
“Housing is for living, not for speculating,†has been a mantra of the Chinese government for nearly half a decade. This year, it looks like the ... -
NATO military exercises launched in Albania
TIRANA, Albania – NATO has launched joint military exercises in Albania with thousands of military forces from the United States and other countries as part of ... -
Why Home Equity Loans Are Still So Hard To Get
Homeowners looking for a home equity line of credit, which is a revolving line of credit secured by a mortgage, might have a hard time finding ... -
Third consecutive victory produces a test for the Albanian Socialist Party | Voice of America
WASHINGTON – United States and European Union urge Albanian leaders to put aside differences and move forward towards establishing stable democracy after Sunday’s elections which gave ... -
Industry giants come to India’s rescue
BENGALURU: Global and Indian companies are deploying industrial strength to help the world’s second-largest population fight the coronavirus, coming to the rescue of a public health ... -
Serbian President pursues EU membership, better relations with the US and greater role in the Balkans
Serbian President Aleksandar Vucic receives Chinese Sinopharm vaccine against COVID-19 at a health post in Rudna Glava, Serbia on April 6, 2021 via REUTERS / Zorana ... -
Moderate recovery expected in Western Balkans after historic recession
The global auto industry has suffered a tough year in 2020 due to the major shock of Covid-19, but the electric car market has weathered the ... -
Biden’s proposal would solve a long-standing tax loophole
President Biden’s new economic plan would eliminate a tax break for many real estate owners that allowed them to defer payment of capital gains on real ... -
Fidelity Expands Internal Securities Lending Platform to Wider Market
What would you like to know Fidelity Agency Lending is offered to asset managers and other institutions and can help increase income. The securities lending program ... -
Fidelity launches platform for fund managers to profit from short sellers
Fidelity Investments Inc. is developing a business that helps fund managers profit from those who wish to bet against stocks. Fidelity announced this week that it ... -
Credit Suisse, Bank of America and Credit Agricole fined by EU for bond trading cartel
European Union fines Credit Suisse Group AG CS -1.08% , Bank of America Corp. BAC -0.38% and Crédit Agricole SA for illegal collusion on transactions on ... -
Turkey arrests 68 people for cryptocurrency fraud, leader flees to Albania
Turkish authorities have arrested 68 suspected members of a group accused of stealing more than US $ 2 billion from investors via a cryptocurrency trading platform ... -
Mortgage refinancing initiative to help low-income borrowers
WASHINGTON – Federal regulator Fannie Mae and Freddie Mac on Wednesday unveiled a new program to help more households lock in historically low interest rates, targeting ... -
COVID-19: Why a domestic disaster for India could also turn into a global vaccine crisis | World news
Of all the developing countries, India should have been able to summon a defense against the second wave of COVID. Overpopulation, poverty and uneven public health ... -
Turkish banks should avoid Erdogan’s ‘crazy’ channel
RIYADH: Expats living in Saudi Arabia are more interested than ever in obtaining a second passport, according to new data from Dubai-based immigration firm, Citizenship Invest ... -
Albanian socialists win elections and win third consecutive term
TIRANA, Albania (AP) – The Albanian Left Socialist Party won its third consecutive term in a parliamentary election, winning nearly one in two votes and enough ... -
Lakeside Idaho City is hottest US real estate market in new WSJ / Realtor.com index
The picturesque lakeside town of Coeur d’Alene, Idaho, tops the list of the country’s hottest emerging real estate markets, according to a new ranking released Tuesday. ... -
Bank credit growth in Romania accelerates in March
BUCHAREST (Romania), April 27 (SeeNews) – The value of outstanding loans from Romanian banks to the non-governmental sector increased 6.6% year-on-year to 290.6 billion lei ($ ... -
See the full rankings of the Emerging Real Estate Markets Index from WSJ / Realtor.com
Residential real estate is one of the most popular investments in the world. In the United States alone, the total value of owner-occupied real estate is ... -
Edi Rama claims ‘great victory’ in Albanian elections
Edi Rama claimed a “fine” victory in the Albanian parliamentary elections, with preliminary results from Sunday’s poll showing his ruling Socialist Party (PS) was on track ... -
After historic recession, gradual recovery expected in Kosovo and Western Balkans, new World Bank report says
PRISTINA, April 27, 2021 – Growth in Albania, Bosnia and Herzegovina, Kosovo, Montenegro, North Macedonia and Serbia – the six countries of the Western Balkans – ... -
Keller Williams expands in Albania and Mongolia
Keller Williams on Monday announced the opening of franchises in Albania and Mongolia, both of which are part of the brand’s continued global expansion. According to ... -
Man jumps through car window to stop reckless driver
Video of the incident in the Albanian capital Tirana showed a badly damaged car driving through Skanderbeg Square on Sunday as members of the public attempted ... -
bne IntelliNews – Preliminary results show lead for socialists in power in Albania
Preliminary results from the Central Election Commission (CEC) of Albania show a lead for the ruling Socialist Party, although the race between the Socialists and the ... -
Advice targets Credit Suisse investors over Archegos and Greensill failures
Major shareholders say they will vote against re-election of major Credit Suisse Group AG CS 1.98% board members, a setback against the bank’s leadership following a ... -
Keller Williams Worldwide announces its momentum
AUSTIN, Texas – (BUSINESS WIRE) – Keller Williams Worldwide (KWW), the international division of kwx, the holding company of Keller Williams (KW), the world’s largest agent-based ... -
The dire ghost of border changes haunts the Balkans
Changing state borders in the Western Balkans is widely regarded as one of the most dangerous ideas in contemporary European politics. So why has a mysterious ... -
Tight race in the Albanian parliamentary vote
TIRANA, Albania (AP) – An exit poll for Sunday’s Albanian parliamentary elections suggests that the ruling Socialist Party is in a close race with the opposition ... -
bne IntelliNews – Exit poll shows very close race in Albanian general election
An exit poll released shortly after the polls ended in Albania on April 25 indicates an extremely close race between the ruling Socialists and the Alliance ... -
Insurance costs threaten Florida real estate boom
MIAMI – The Florida property insurance market is struggling as rising carrier losses and rising premiums threaten the state’s booming real estate market, insurance officials and ... -
Albanians vote in elections after bitter political struggle European Union Socialist Party Edi Rama Albania Nato
Albanians vote in parliamentary elections on Sunday amid the virus pandemic and bitter rivalry between the two biggest political parties. Some 3.6 million eligible voters, including ... -
Exit polls: close race for Albanian parliamentary vote
Exit polls: close race for Albanian parliamentary vote TIRANA, Albania (AP) – An exit poll for Sunday’s Albanian parliamentary elections suggests the ruling Socialist Party is ... -
Albania goes to the polls after fiery election campaign | Election News
Socialist Prime Minister Edi Rama faces the challenge of a dozen parties united behind the main opposition Democrats. Albanians vote in parliamentary elections on Sunday after ... -
Albanian President slams US ambassador in TV talk show
The Albanian president accused the American ambassador of intervening in the internal affairs of the small European country by supporting his prime minister in an upcoming ... -
Turkey seeks to arrest crypto boss over huge fraud, detains dozens
ISTANBUL: Turkey issued an international arrest warrant on Friday April 23 against the founder of a cryptocurrency exchange who leaked with $ 2 billion in investor ... -
Turkey crypto exchange probe: 62 arrested, CEO on the run | Economic and economic news
Dozens of people were arrested on Friday and Interpol issued a red notice as a Turkish investigation into the Thodex cryptocurrency exchange intensifies. Turkey has detained ... -
Albania is no closer to joining the EU. Its leaders might prefer it this way
It is fair to say that there is little love lost between Albanian Prime Minister Edi Rama and his main opponent in this Sunday’s elections, Lulzim ... -
Credit Suisse appeals to investors for liquidity after increase in Archegos loss
The Swiss banking giant has been rocked by the double crisis of the loss of Archegos and the collapse of another client, Greensill Capital. He said ... -
Proud Turkey-Albania Friendship Hospital opens
ALBANIA Turkey was the emergency departments of the Fior Friendship Hospital Built by Turkey and Albania, the Proud Turkey-Albania Friendship Hospital opened with a ceremony. Health ... -
Albanian President harshly attacks Prime Minister ahead of Sunday polls
The Albanian president immersed himself in the country’s parliamentary election campaign on Wednesday, accusing the left-wing government of leading a “kleptocratic regime†and flouting its response ... -
DeFi lending platform uses blockchain to offer unsecured lines of credit
Decentralized finance, or DeFi as it is more commonly known, has become increasingly important over the past year. DeFi is an ecosystem of financial instruments running ... -
How to fix housing finance
Read: The racist housing policy that made your neighborhood Redlining was almost ubiquitous. The three largest banks serving Hartford, Connecticut, for example, had made more than ... -
Weak lending in Europe hinders recovery of Covid-19
Demand for business loans in the eurozone has plummeted and banks tightened credit standards in the first quarter of this year, a toxic combination that calls ... -
Dealers Sell Cars So Fast They Don’t Need To Borrow
Another way to deal with the global chip shortage is through auto lenders. Supply chain issues that have plagued automakers have also been a used car ... -
Genworth files ‘Red Herring’ for mortgage insurance unit IPO
Mortgage industry managers say the pandemic has hurt their business, disrupting mortgage lending and foreclosure processes, and affecting the ability of some borrowers to make mortgage ... -
Eurozone banks to tighten access to credit in Q2: ECB survey
FRANKFURT, April 20 (Reuters) – Eurozone banks plan to further tighten access to credit in the second quarter, a European Central Bank lending survey showed on ... -
Governor Sejko presents BoA annual report 2020 to Parliamentary Committee on Economy and Finance
Today, April 20, 2021, the Governor of the Bank of Albania, Mr. Gent Sejko, through an online communication, presented the annual report of the Bank of ... -
Brain drain? In Serbia, Montenegro and North Macedonia there are signs of ‘brain gain’
New research suggests that migration patterns in at least some Western Balkan countries are more circular than previously believed. While the Western Balkans as a whole ... -
Balkans rocked as leaked memo explores ethnic redefinition of Bosnia’s borders
An explosive memo calling for redrawing the borders of independent countries formed after the break-up of Yugoslavia and reducing Bosnia and Herzegovina (BiH) to a third ... -
Albanian wounded with knife 5 at Tirana mosque
An Albanian armed with a knife attacked and injured five people on Monday in a mosque in the capital, police said, as investigators tried to determine ... -
China to keep benchmark LPR lending rate unchanged for 12th month
SHANGHAI, April 19 (Reuters) – China’s benchmark rate is expected to remain unchanged for a 12th month at its April fixing on Tuesday, according to a ... -
Comment: Don’t Fall for the Spin – Exit
Following the leak of a Socialist Party database containing the data of more than 910,000 people, the Albanians learned that they had each received a “boss”. ... -
US data indicates “Boom”: base part effect, transient part, real part
The long-awaited economic boom has finally arrived! The New York Fed’s weekly economic index exploded higher in late March and early April (see chart above). Retail ... -
Police: Albanian wounded with knife 5 at Tirana mosque
By LLAZAR SEMINI TIRANA, Albania (AP) – An Albanian armed with a knife attacked five people in a mosque in the capital Tirana on Monday, police ... -
The Port Orange restaurant offers Greek cuisine “ with an Albanian touch ”
PORT ORANGE – Shortly after moving to Port Orange with her family from Ohio six years ago, teenager Erision Tahiraj came up with the idea for ... -
Merger Mania in the mortgage sector: a new residential buys Caliber
WWe have seen a lot of mergers in the mortgage banking industry lately. Western Alliance recently purchased AmeriHome and Galton Funding, while New residential (NYSE: NRZ) ... -
Mytilineos lands deal for Albanian substations
Athens-listed Îœytilineos announced Thursday that its Sustainable Engineering Solutions Business Unit (BU SES) has entered into a contract with Operatori i Sistemit te Transmetimit Sh. A. ... -
EBRD lends € 20 million to UniCredit Leasing Serbia to support SMEs
BELGRADE (Serbia), April 16 (SeeNews) – The European Bank for Reconstruction and Development (EBRD) has announced that it is providing a loan of 20 million euros ... -
Exit explains: more than 910,000 Albanians’ personal data leaked to politicians and the public – Exit
Earlier this week, the media released details of a large database containing the personal information of more than 910,000 voters. It included members of the public, ... -
SoftBank’s infusion to repay Credit Suisse investors went to Greensill Bank
But the money never got to the Swiss bank. Greensill instead placed the money in its own German banking unit, according to a report released Thursday ... -
Americans spend and don’t borrow. It is a problem for the banks.
Bank of America said the first quarter was the highest on record for overall consumer spending. Photo: David Paul Morris / Bloomberg News April 15, 2021 ... -
Bank of America profits double after freeing up bad debt reserves
Bank of America Corp. BAC 1.24% said his profit doubled in the first three months of the year after releasing the money he set aside for ... -
Albania’s real GDP will grow 4.5% in 2021, according to the Vienna Inst. for International Economic Studies – Tirana Times
New forecasts from the Vienna Institute for International Economic Studies for Eastern Europe suggest that Albania’s real GDP growth for 2021 will be 4.5%. This year, ... -
What is the great advantage of Upstart lending?
When you apply for a loan, most lenders will check your credit score and verify your income. But no Upstart Holdings (NASDAQ: UPST). The company uses ... -
Square extends lending arm to Australian small businesses
April 14 (Reuters) – Square Inc SQ.N will begin providing loans to small businesses in Australia, the payments company said on Wednesday, where it will compete ... -
How music found its way through the isolation of Albania
Even the determination of the Albanian regime to isolate itself from the rest of the world could not stop the rumors from the country’s capital. Music ... -
JPMorgan profits hit record after bank releases bad debt reserves
JPMorgan Chase JPM 1.55% & Co. posted an increase of nearly five times its quarterly profit, thanks to booming markets and an economic recovery that freed ... -
Rama alludes to the grand coalition government, Basha refuses – Exit
Albanian Prime Minister Edi Rama hinted that his party was open to a grand coalition with the main opposition party, the Democratic Party (PD), but its ... -
Better.com Receives Funding As Demand For Its Digital Solution Rises
Better.com has raised $ 500 million thanks to SoftBank’s investment. And the explosion in consumer demand for fully digital mortgage application processes should prompt more fintechs ... -
IFALPA calls on Albania to adhere to international regulations and release three air traffic controllers
MONTREAL – (BUSINESS WIRE) – The International Federation of Airline Pilots Associations (IFALPA) is extremely concerned about the latest developments in the situation regarding air traffic ... -
China: New bank loans increase in March, but overall credit growth slows
March new loans 2.73 trln yuan compared to forecast 2.45 trln yuan New loans in first quarter at record high – Reuters calculations March M2 money ... -
Albania flights resume after 2-day airport closure
TIRANA, Albania (AP) – Commercial flights resumed Friday at Tirana International Airport in Albania after being stranded for two days by a strike by air traffic ... -
Wall Street finds a new way to finance unprofitable tech companies
No gains? No problem. Investors are funneling money to unprofitable software companies through a new type of debt deal. Non-bank lenders like Golub Capital, AllianceBernstein Holdings ... -
Avison Young, named best agency at the SEE Real Estate Awards gala
After opening the first office in Romania almost four years ago, Avison Young has grown into one of the leading real estate consulting firms, offering a ... -
‘Essential’ flights resume at Tirana airport after strike
Albanian infrastructure minister said Thursday that “essential†flights had resumed at the country’s only international airport following a strike by air traffic controllers. Belinda Balluku said ... -
Instacart and DoorDash plan to launch their own credit cards
Two of the biggest winners in the pandemic delivery boom are looking to launch their own credit cards. Instacart Inc. grocery delivery service chooses JPMorgan JPM ... -
BlackRock must meet ESG goals or pay more to borrow money
Investment giant BlackRock Inc. BLK 0.78% will need to meet its workforce diversity and other sustainable business goals to reduce corporate borrowing costs. The company has ... -
Credit Suisse wins $ 4.7 billion in Archegos Meltdown
Credit Suisse CS 0.19% Group AG reported a $ 4.7 billion blow from the collapse of Archegos Capital Management, cut its dividend and said its investment ... -
Facebook banned a farm of Albanian trolls supporting exiled Iranian activists
Facebook deleted more than 1,000 fake accounts in March, including a few hundred linked to a troll farm in Albania. The company shared the withdrawals as ... -
SoFi to start offering automatic loan refinancing
TThe online lender SoFi, which goes public through Chamath Palihapitiya’s blank check company Share capital Hedosophia Holdings Corp. V (NYSE: IPOE), will soon allow members to ... -
Albanian economy loses 560 million euros due to pandemic – Tirana Times
The Albanian economy lost 560 million euros due to the pandemic, making the pandemic one of the biggest economic crises to hit the country, while around ... -
Credit Suisse, Johnson & Johnson, Micron Technology: stocks that defined the week
Credit Suisse CS -0.14% AG Group Major U.S. investor incendiary stock sale burned Credit Suisse and Nomura Holdings Inc. Global investment banks said on Monday they ... -
EBRD lends € 9.1 million to Albania KESH for floating photovoltaic power plant project
TIRANA (Albania), April 2 (SeeNews) – The European Bank for Reconstruction and Development (EBRD) has announced that it will grant a 9.1 million euros ($ 10.7 ... -
GameStop has drawn attention to the equity lending market. Here’s what you need to know.
The GameStop GME -6.56% earlier this year, the saga drew attention to the equity lending market, a financial arena relatively few investors are familiar with. But ... -
Need a mortgage? Good luck. Lenders are tightening the standards.
The mortgage market is booming, but getting approved for a home loan has been as difficult as it has been for years. Mortgage credit availability, a ... -
Unused student loans? Here is the smart thing to do
You borrowed more than you need for college. What are you doing? Many borrowers don’t realize they can pay off unused federal credits. Or why they ... -
Why the shares of open loans are increasing today
What happened Loan service company shares Open loan (NASDAQ: LPRO) were up about 10% as of 11:20 a.m. EDT after the company announced the price of ... -
Vacation home buyers have propelled the mortgage market. Now they face a test.
The pandemic has sparked a furious rush to buy vacation homes. From now on, restrictions on the financing of these purchases will test the resilience of ... -
Credit Suisse effort to recover Greensill loans faces roadblock
Credit Suisse Group AGof CS 0.19% Efforts to recoup $ 10 billion invested in loans from Greensill Capital face hurdles due to a complex structure that ...
