U.S. Remains Most Stable Destination For Foreign Investors

first_img Tagged with: AFIRE destination foreign investors Los Angeles New York Property real estate stable Survey U.S. Data Provider Black Knight to Acquire Top of Mind 2 days ago U.S. Remains Most Stable Destination For Foreign Investors Subscribe Demand Propels Home Prices Upward 2 days ago The Best Markets For Residential Property Investors 2 days ago Interest in New York as a real estate investment destination for foreign investors has slipped according to the results of the 26th Annual survey taken among the members of the Association of Foreign Investors in Real Estate (AFIRE), the results of which were released on Monday. London instead has jumped three places from last year to assume the top spot as the hottest property market in the world for real estate foreign investments. Berlin, Los Angeles and Frankfurt were ranked third, fourth and fifth respectively.The report indicated that for the first time Los Angeles has tied with New York as the No. 1 city in the U.S. for foreign investment in real estate. Significantly, San Francisco, which was on the list of top five global cities for investors since 2011, fell to the eleventh place this year, while Washington D.C. fell 10 places to be ranked twenty-fifth this year.Explaining London’s rebound as the hottest city for property investment, Edward M. Casal, AFIRE’s Chairman said, “Foreign investors are less concerned about the ramifications of Brexit. At the same time, the London market has been buoyed by several large sales over the last year. London has a number of attributes as a location for investment,including a stable rule of law, transparency, and use of the English language. In addition, a favorable time zone for international business, deep labor pool, and cultural attributes also helped.”However, U.S retained its top spot as the most stable country for real estate investments followed by Germany and Canada that took the second and third place respectively. The report said that U.S. also continued to lead the world in terms of offering the best opportunity for capital appreciation, followed by Brazil in second place. China and Spain moved up from a tied sixth-place last year, to third and fourth place respectively, while UK fell from its third position last year to fifth place this year in terms of offering the best capital appreciation opportunities.AFIRE members are among the largest international institutional real estate investors in the world and have an estimated $2 trillion or more in real estate assets under management globally. Some of the global challenges they saw were around interest rate risks, high valuations, the impact of emerging technologies on retail and other property sectors, oversupply in some markets and property types, and possible economic and political missteps which could affect real estate by triggering an economic slowdown or disruption in the financial markets.To read the complete report and all the rankings, click here. January 8, 2018 3,066 Views Governmental Measures Target Expanded Access to Affordable Housing 2 days ago in Daily Dose, Featured, Market Studies, News AFIRE destination foreign investors Los Angeles New York Property real estate stable Survey U.S. 2018-01-08 Staff Writer Demand Propels Home Prices Upward 2 days ago Data Provider Black Knight to Acquire Top of Mind 2 days agocenter_img  Print This Post Related Articles Servicers Navigate the Post-Pandemic World 2 days ago Home / Daily Dose / U.S. Remains Most Stable Destination For Foreign Investors Share Save Previous: CFPB’s Laurie Maggiano: Looking Back at an Industry Icon Next: Quicken Loans: Homeowners and Appraisers Sync Up The Best Markets For Residential Property Investors 2 days ago Governmental Measures Target Expanded Access to Affordable Housing 2 days ago Servicers Navigate the Post-Pandemic World 2 days ago Sign up for DS News Daily The Week Ahead: Nearing the Forbearance Exit 2 days agolast_img read more

Tropical Storm Warning for Dominica has been discontinued

first_imgLocalNews Tropical Storm Warning for Dominica has been discontinued by: – September 10, 2011 Share Tweet 14 Views   no discussions At 8am, the tropical storm warning for Dominica has been discontinued as the center of Tropical Storm Maria moves northeast of Dominica over open water. Maria continues to lose organization.At 8 am, the center of Tropical Storm Maria was located near latitude 16.9 north…longitude 61.2 west or about 50 miles north east of Guadeloupe. Maria is moving toward the northwest near 15 mph and this motion is expected to continue today. On the forecast track…the center of Maria and its associated weather is expected to move over the Leeward islands by later today with rainbands southeast of Maria expected to affect the island by later today. Maximum sustained winds have decreased to near 40 mph with higher gusts.Tropical-storm-force winds extend outward up to 175 miles mainly to the northeast of the center. Models are forecasting Maria to remain a Tropical Storm as it moves across the northern section of the island chain. Tropical storm warnings remain in effect for the islands north of Dominica, through to Puerto Rico.Sea swells are a major concern and are expected to peak up to 5.0 metres mainly across the northern and eastern coast of the island. All users of the sea and residents in coastal areas, especially on the northern and eastern coastlines are advised to take all the necessary precautions.We will continue to monitor the progress of this system and keep you updated.Dominica Meteorological Servicecenter_img Sharing is caring! Share Sharelast_img read more

Brandon Monebrake, Nov. 27

first_imgShare Facebook Twitter Google + LinkedIn Pinterest We are completely done. We finished the Friday before Thanksgiving with our crops and we finished up our custom work the day before Thanksgiving. We got done and moved stuff home that Sunday and started with the custom work on Tuesday and everything has dried up since.The last field we were in was wet and we will have to do some tillage where some places are torn up depending on how dry things get. There are people working ground around us right now.We had a little grass in the corn up at New Paris where the water stood and drowned out the corn. That hurt yields some. We had a good bit drowned out with the fields where we did our custom work too.The corn ended up around 190 bushels or 200 and the beans were 64 or 65 bushels overall. We thought corn would be around 165 and the beans would be around 50 and when we got into them we were really surprised. Things ended up really decent.The beans held up well through harvest. We had a big wind that broke the tops out of a lot of the corn right above the ears. It seemed like the harvest was never ending because every time you turned around it was raining.We are going to clean out dryer and work on some end of the year jobs now.last_img read more

Netflix Prize: $1M is a Steal for Predictive Tech

first_img8 Best WordPress Hosting Solutions on the Market After years of struggling to beat Netflix’s Cinematch recommendation algorithm by a baseline of 10%, two groups have emerged. While both teams produced qualifying systems, BellKor’s Pragmatic Chaos submitted their entry 24 minutes earlier than 2nd prize team The Ensemble. Earlier this year ReadWriteWeb covered the Netflix Prize and asked the question, “Will the $1 million dollars be won in 2009?” While the answer is a resounding “yes”, it was not January forerunner BellKor that took the prize, but rather an amalgamation of 4 teams that triumphed. As reported a month ago, a group made up of researchers from AT&T, Yahoo! Research Israel, Commendo Research and Consulting in Austria, and Montreal’s Pragmatic Theory announced having beaten Cinematch by 10%. As per the Netflix Prize rules, other teams were given 30 days to submit their entries before a winner was declared. With only 24 hours before the contest deadline, two teams jockeyed for position on the Netflix Prize leaderboard. BellKor posted both an additional Netflix submission and a blog post documenting those last excitement-filled hours of the competition. Of the thousands of entries, Gavin Potter, a retired management consultant with no formal machine-learning training managed to rise to number 17 on the Netflix Prize Leaderboard. Potter writes, “The competition has trained several hundred, if not more, people how to properly implement machine learning algorithms on a real world, large scale dataset…This is, almost undoubtedly, the world’s largest set of data on repeated decision making and it’s ripe for analysis. The analysis may not win the competition, but it sure should provide some insights into the way that humans make decisions.”The public knowledge acquired from the process of producing these algorithms will not only affect Netflix’s ability to suggest customer desires across its movie titles, but it will also form a baseline for other business systems. In addition to streaming entertainment providers, companies like Amazon and Pandora have worked hard to produce the best possible predictive technologies. If these company can tap into our unique tastes, they can suggest products and services we didn’t even know we wanted. So a 10% improvement on recommendations can equate to a lucrative sales increase. A second shorter term Netflix prize is expected in the near future. According to the New York Times’ Steve Lohr, the Netflix Prize 2 will be concerned with “taste profiles” based on demographic and behavioral data. Top Reasons to Go With Managed WordPress Hosting Why Tech Companies Need Simpler Terms of Servic… dana oshirocenter_img A Web Developer’s New Best Friend is the AI Wai… Related Posts Tags:#crowdsourcing#web last_img read more

St. Elizabeth’s Contribution to Food Chain Highlighted

first_imgStory Highlights “With 29,320 farmers, St. Elizabeth has the largest number of registered farmers in any parish. In 2017, the parish contributed approximately 102,657 tonnes of domestic food crops to the national domestic output. This also saw St. Elizabeth farmers coming away with a huge windfall,” the Minister noted. Minister without Portfolio in the Ministry of Industry, Commerce, Agriculture and Fisheries, Hon. J.C. Hutchinson, says the magnitude of St. Elizabeth’s contribution to the national food chain makes the parish a critical player in Jamaica’s economic development.Speaking at the recent St. Elizabeth Homecoming Agrifest, held at Independence Park, Black River, Mr. Hutchinson said he is also mindful that 2017 was a banner year for agriculture throughout the parish, with farmers earning approximately $10 billion from their produce.“With 29,320 farmers, St. Elizabeth has the largest number of registered farmers in any parish. In 2017, the parish contributed approximately 102,657 tonnes of domestic food crops to the national domestic output. This also saw St. Elizabeth farmers coming away with a huge windfall,” the Minister noted.He said that St. Elizabeth, dubbed the “Breadbasket” parish, continues to be the largest producer of vegetables; condiments; fruits, particularly pineapples; watermelons and cantaloupes.“St. Elizabeth, in addition to having a substantial irish potato production, also accounts for more than 80 per cent of the overall production of peanuts in the country,” the Minister noted.“Livestock production is also a significant contributor to the parish’s economy, with poultry, cattle, pigs, goats, apiculture, sheep and rabbits being reared,” he added.Mr. Hutchinson said that despite the presence of the Beet Armyworm, the parish also continues to be involved in escallion and onion production.“The Ministry’s programmes have assisted in militating against major outbreaks. The threats are ever present and outbreaks are closely monitored by the Rural Agricultural Development Authority (RADA) and other stakeholders,” he added.The Minister pointed out that, so far, more than 350 escallion and onion farmers have been assisted with training, chemicals, fertilizers, mist blower and land preparation.“I want to also congratulate all the farmers throughout the length and breadth of Jamaica for the wonderful job they have been doing,” he said.“It is not the Government alone, but it is the farmers who have been delivering big time. Once agriculture grows, the country will grow. If agriculture fails, the country fails,” the Minister argued.Mr. Hutchinson encouraged farmers to take advantage of the opportunities being offered by their local organisations, noting that agencies like RADA are there to facilitate them. Minister without Portfolio in the Ministry of Industry, Commerce, Agriculture and Fisheries, Hon. J.C. Hutchinson, says the magnitude of St. Elizabeth’s contribution to the national food chain makes the parish a critical player in Jamaica’s economic development. Speaking at the recent St. Elizabeth Homecoming Agrifest, held at Independence Park, Black River, Mr. Hutchinson said he is also mindful that 2017 was a banner year for agriculture throughout the parish, with farmers earning approximately $10 billion from their produce.last_img read more

HSH Nordbank Provides Loan for Scorpio Tankers MRs

first_imgzoom Monaco-based tanker owner Scorpio Tankers has received a commitment from Germany’s HSH Nordbank, one of the world’s biggest providers of shipping finance, for a loan facility to finance its two Medium Range (MR) product tankers.The loan in the amount of up to USD 34 million is expected to be used to refinance the existing indebtedness on the two tankers.Scorpio Tankers said that the availability is expected to be used to finance up to 60% of the fair market value of the vessels.The loan facility is subject to customary conditions precedent and the execution of definitive documentation.It has a final maturity of five years from the first drawdown date and bears interest at LIBOR plus a margin of 2.50% per annum.The remaining terms and conditions, including financial covenants, are similar to those set forth in the company’s 2016 Credit Facility, fully drawn in September 2016, and the aggregate proceeds of USD 288 million were used to refinance the existing indebtedness on sixteen MR product tankers.During the third quarter of 2016, Scorpio Tankers recorded a net loss of USD 27.1 million, compared to a net income of USD 85.3 million in the same period last year.The loss is primarily attributed to low Time Charter Equivalent (TCE) revenue that plunged to USD 114 million from USD 227.2 million on the year-on-year basis.last_img read more

Bank credit clips at 1446 deposits grow in doubledigits

first_imgMumbai: Bank credit grew 14.46 percent to Rs 95.53 lakh crore, while deposits growth touched double- digits at 10.03 percent to Rs 122.26 lakh crore in the fortnight to March 15, show the RBI data. In the year-ago fortnight, advances were at Rs 83.46 lakh crore and deposits at Rs 111.11 lakh crore. In the previous fortnight ending March 1, deposits grew 9.81 percent to Rs 122.30 lakh crore and credit rose 14.55 percent to Rs 95.29 lakh crore. Non-food credit rose 13.1 percent in January 2019 compared to a 9.5 percent growth in the same month last year. Also Read – Thermal coal import may surpass 200 MT this fiscalCredit to agriculture and allied sectors grew 7.6 percent in January as against a growth of 9.4 percent in the year-ago month. Loans to the services sector expanded at a healthy 23.9 percent, much higher than 13.2 percent resitered in January 2018, while personal loans lost the momentum with a 16.9 percent growth in January as against a healthy 20 percent spike in demand in the same month last year. Industrial credit jumped six-fold to 5.2 percent in January from 1.1 percent in the year-ago period. Credit growth to infrastructure, chemicals and chemical products, engineering, food processing and petroleum, coal and nuclear fuels accelerated but, credit to basic metals & metal products, textiles, beverages & tobacco and gems & jewellery contracted, as per the RBI data.last_img read more

Fresh hurdles to Afghan peace

first_imgAfghan peace effort has hit a strange speed breaker over the composition and size of representation, especially the insistence of the Afghan President Ashraf Ghani of a list of 250 participants including around 50 women, according to a senior government official. This is in contrast to the list of 243 people announced by Qatar. All this caused a postponement of the dialogue which was scheduled to begin in the Qatari capital Doha. A disgusted Sultan Barakat, director of Qatar’s Center for Conflict and Humanitarian Studies, tweeted “this is unfortunately necessary to further build consensus as to who should participate in the conference”. The Center has been sponsoring the dialogue that began in the tail end of 2018. Also Read – A special kind of bondThe most pessimistic in the US peace envoy for Afghanistan, Zalmay Khalilzad who in a video message to some Afghan youth in the US embassy to Kabul made no bones of his despair: “No serious steps have been taken over intra-Afghan dialogue as well as there is no development for a prominent ceasefire and end of war.” He also tweeted in a mellowed tone “We’re in touch with all parties and encouraged that everyone remains committed to dialogue. I urge all sides to seize the moment and put things back on track by agreeing to a participant list that speaks for all Afghans.” However, he hastened to add, “Dialogue is and always will be key to a political roadmap and lasting peace. There is no alternative. I urge all sides to seize the moment and put things back on track by agreeing to a participant list that speaks for all Afghans. I stand ready to help if our help is needed.” Also Read – Insider threat managementNonetheless, the setback to the Afghan peace efforts is no surprise in as much as it’s a complicated process for which the US authorities are solely responsible, although the US President Donald Trump cannot be blamed. It is a hangover, imposed by his predecessors. Rather he took up the compulsion of the reality when he decided to initiate the process three days after his decision to withdraw from Syria (20 December 2018) that led to resignation of the US defence secretary James Mattis. Sticking to his stand, Trump told CBS on 23 December, ‘We’ll see what happens with the Taliban. They want peace. They’re tired. Everybody’s tired. I don’t like endless wars. What we’re doing has got to stop at some point.’ In September 2018, Khalilzad was picked up as Special Representative for Afghanistan Reconciliation to refresh the dialogue with the Taliban that began in July last year. A US citizen, he is a Pashtun, belonging to the Noorzai tribe. He headed a department of the US think-tank RAND Corporation in the late 1990s and negotiated security arrangements for the Turkmenistan-Afghanistan-Pakistan-India (TAPI) pipeline project with the Taliban, then in power. His first diplomatic experience was participation as a representative in Afghanistan at the start of the US intervention in 2001. However, the former Afghan President, Hamid Karzai is not pessimistic and feels strongly that the intra-Afghan dialogue on Afghan peace has no spokes ahead. Addressing the delegates at the three-day Eighth Moscow Conference on International Security, he said, “The second intra-Afghan meeting which was already organised, will be likely held in the near future in Qatar. This is a kind of comprehensive format and should be continued. ” But like the Taliban, Karzai calls his successor in Kabul as ‘a US puppet’. The Moscow initiative is to a considerable extent a diplomatic panacea. Karzai who looks forward to a joint initiative by the US, Russia, and China on Afghanistan is to be treated as consequences of the defeat of terrorists in Syria imposing an assessment of threats to return militants to Africa and Asia which was analysed at the Moscow Conference. Actually, a plenary session was devoted to the Middle East topics, the consequences of the defeat of ISIS in Syria as also a political settlement and post-conflict reconstruction therein An important aspect seems to be the assessment of the threat of the return of terrorist terrorists to Africa and Asia, the problems of illegal migration and thus Afghan impasse was discussed. The Chief Executive of Afghanistan Abdullah Abdullah considers the Taliban as ‘the obstacle’ to a solution. The Taliban whose base area is not more than one-third of Afghanistan are still in touch with Al-Qaeda and other terrorists. In a detailed interview, he described Talibans as essentially a ‘terrorist’ outfit and ‘not a political entity’. The Taliban had previously refused to hold direct talks with Ghani’s government. Small wonder, Taiban leaders characterise Abdullah as a ‘comie’. Revolutionary postures notwithstanding, the Talibans are looking up to Washington – a realisation that a fatigue casts shadow over the highly risky guerrilla life. In an eight-minute audiotape, Mullah Abdul Ghani Baradar, who was released from Pakistan jail a few months back has assured Afghans of a peace settlement. “If [Afghans] think of us as brothers, I trust in God that all the problems will be solved,” Baradar said, speaking in Pushto. “I ask all our countrymen to be sure there is no need to worry. Everyone will be treated very well.” But they are to face up to resistance from the steadily growing woman rights groups that stress tradition of modernity and gender equality. Khalida Khorsand a women’s rights activist who was up against religious authorities’ ban on Valentine’s Day in Herat, her hometown and the capital of a large province of the same name in western Afghanistan bordering Iran , expressed concern over the mushrooming Islamic madrasahs that push Afghanistan back toward conservative values in the name of tradition and Islamic teachings. (The views expressed are strictly personal)last_img read more

Triangular contest on cards as Delhi votes

first_imgNEW DELHI: The stage is all set as the National Capital goes to polls on Sunday where the incumbent BJP, Delhi’s ruling AAP and the Congress are locked in a fight on all seven Lok Sabha seats.The Congress is looking to bounce back after ending up at the third spot in the 2014 elections. The lead up to the polls has not been without drama, with allegations and counter-allegations flying, and with all the trappings of a soap opera that could give the daily shows a run for their money. Also Read – Odd-Even: CM seeks transport dept’s views on exemption to women, two wheelers, CNG vehiclesThe high-octane poll campaigning in the national capital ended on Friday but not before it saw a plethora of stars descending here to campaign for their respective parties. If Hema Malini and Sunny Deol provided the Bollywood quotient to the saffron party’s campaign, Raj Babbar and Naghma added the star quotient to the Congress, Prakash Raj, Swara Bhaskar and Gul Panag campaigned for the AAP. From Chief Minister Arvind Kejriwal being slapped to AAP’s East Delhi candidate Atishi breaking down at a Press conference over “derogatory pamphlets” to BJP’s Udit Raj leaving the party and joining the Congress after being denied a ticket from northwest Delhi, the last two months have been quite eventful and have kept everyone on their toes. Also Read – More good air days in Delhi due to Centre’s steps: JavadekarThe seven seats will see 164 candidates battling it out of which 18 are women. Prominent among them are former chief minister Sheila Dikshit from northeast Delhi, BJP’s incumbent MP Meenakshi Lekhi, who is contesting from New Delhi, and Atishi . BJP’s incumbent MP Manoj Tiwari is up against Dikshit for the Northeast Delhi seat and has already said that her entry has made the poll contest “one of the most interesting in the country”. AAP’s Dilip Pandey is also in the fray from the seat. Other prominent candidates in the race include veteran Congress leader Sheila Dikshit, Olympian boxer Vijender Singh, who is making his electoral debut from South Delhi, Union minister Harsh Vardhan from Chandni Chowk, and cricketer-turned-politician Gautam Gambhir . Voting will begin at 7 am on May 12 and it is scheduled to go on till 6 am. The 48 hour-period from 6 pm Friday to 6 pm Sunday, known as the silence period, will also be observed as ‘dry day’. A total of 13,819 polling stations will be set up at 2,700 locations in Delhi, with one model polling station in each of the 70 assembly segments. Seventeen polling stations will be staffed only by women. As many as 523 polling locations have been identified as critical and 60,000 personnel, including those of the Delhi Police, Home Guards and paramilitary, will be on their toes to ensure that there is no untoward incident. The campaign got off to a slow start as alliance talks between the AAP and the Congress lingered on till the last days of nomination, but it gained momentum over the last fortnight with senior leaders drawing huge crowds at mega rallies and road shows in the national capital. The campaign reached a crescendo in its last lap, with Prime Minister Narendra Modi holding a massive rally at the iconic Ramlila Maidan here, Congress president rahul Gandhi addressing two public meetings, and his sister Priyanka gandhi Vadra taking out two roadshows in the city. From trying to strike a personal chord with voters in parks at six am to holding door-to-door campaigns till late night, the candidates literally sweated it out in the oppressive heat as mercury crossed the 40-degree Celsius mark. While the BJP’s campaign revolved around the party’s high-pitched nationalism narrative and the popularity of Modi, the Congress kept him in the cross hairs and sought to hard sell its minimum income guarantee scheme, Nyay.last_img read more

Mens basketball Musa Jallow commits to Ohio State will play in 201718

Ohio State men’s basketball 2017-18 roster receives immediate help in the form of Musa Jallow.The four-star shooting guard committed to coach Chris Holtmann and the Buckeyes Friday night and will reclassify to the 2017 class making him immediately eligible.The prospect was originally a member of the 2018 recruiting class, but Adam Jardy of the Columbus Dispatch tweeted that he had reclassified to the 2017 class just before his announcement. The Bloomington, Indiana, native received offers from Virginia, Vanderbilt and Indiana, as well as an offer from Butler while Holtmann was the coach. The initial offer from Ohio State came in May during former Ohio State coach Thad Matta’s tenure.The 6-foot-5, 200-pound Jallow is the eighth-ranked prospect in the state of Indiana and 120th overall, according to 247Sports composite rankings. The scouting site also pegs the Bloomington North product as the 31st-best shooting guard. Jallow is the second recruit to announce his intention to play for Holtmann at Ohio State, following 2017 forward Kyle Young who flipped from Butler to Ohio State a week after the Holtmann was hired. The Buckeyes had lost all three previous commitments to the 2018 class — each were considered four-star prospects by 247Sports composite rankings. Small forward Darius Bazley decommitted prior to Matta’s exit on April 6, and small forward Justin Ahrens and shooting guard Dane Goodwin both re-opened their recruitments on June 6 and June 21, respectively, after it was announced Matta would be leaving.Bazley verbally committed to Syracuse on Monday while Goodwin gave his word to Notre Dame on Wednesday. read more