Trump Tower to alter Mumbai Luxury Landscape
January 17th, 2011
in News
The Times of India: US billionaire real estate developer Donald Trump is entering the Indian property market with a luxury residential tower in Mumbai, more than two years after announcing plans to expand here.
Far East Stocks more Positive on Tuesday - Europe Still Negative
January 17th, 2011
in Background
Yahoo Finance: Asia/Pacific markets are more positive Tuesday, with 8 up and 3 down. Biggest movers: Taiwan +1% and then Hong Kong and Sydney +0.8% each.
States Face $2.5 Trillion Pension Shortfall
Financial Times: US public pensions face a shortfall of $2,500bn that will force state and local governments to sell assets and make deep cuts to services, according to the former chairman of New Jersey’s pension fund.
China Expands in International Finance
Financial Times: China Development Bank and China Export-Import Bank signed loans of at least $110bn (£70bn) to other developing country governments and companies in 2009 and 2010, according to Financial Times research. The equivalent arms of the World Bank made loan commitments of $100.3bn from mid-2008 to mid-2010, itself a record amount of lending in response to the financial crisis.
Louisiana Paralegal Takes On Foreclosure Fraud
January 17th, 2011
in econ_news
Econintersect: Barbara Ann Jackson founded a 501(c)(3) non-profit organization for community service in New Orleans, Law & Grace, Inc, in 1998. Most recently she and her organization have focused a great deal of effort on fraud that is executed within various foreclosure proceedings. Foreclosure proceedings have increased radically as a result of the bursting housing bubble.
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