Billionaire property developer predicts MORE NYers will flee to FL

A billionaire property developer has predicted that more New Yorkers will flee to Florida due to high taxes and surging crime rates in the Big Apple. Stephen Ross, 82, whose net worth is around $12billion, has said that people in the Northeast are looking for warmer climates a lot earlier than retirement. 'People are…

relocating for jobs, not retirement, and companies are looking [for office space],' Ross, a chairman of property developer Related Companies, told 'It's tax issues, and there's the security issues. There's just the ease of living [in the South].' Since the pandemic, and with the increasing popularity of remote work, cities like New York have been hurting, as increasingly empty office buildings leave billions of dollars' worth of vacant space. And as crime rates surge, many have opted to not return to the office at all. In New York, crime is up 2.6 percent compared to the same time last year, with robbery and felony assault up 6.3 and 12.2 percent, respectively.  Stephen Ross, 82, whose net worth is around $12billion, has said that people in the Northeast are looking for warmer climates a lot earlier than retirement and corporate spaces in the Sunshine State are thriving because of it Stephen Ross, 82, whose net worth is around $12billion, has said that people in the Northeast are looking for warmer climates a lot earlier than retirement and corporate spaces in the Sunshine State are thriving because of it 'It's tax issues, and there's the security issues. There's just the ease of living [in the South],' Ross said. Crime rates are up 2.6 percent compared to the same time last year in the Big Apple, with robbery and felony assault up 6.3 and 12.2 percent, respectively 'It's tax issues, EVDeN evE NAkLiyat and there's the security issues.

There's just the ease of living [in the South],' Ross said. Crime rates are up 2.6 percent compared to the same time last year in the Big Apple, with robbery and felony assault up 6.3 and 12.2 percent, respectivelyIn the past two years, major tech, finance, and law firms have ditched big cities like New York and Chicago for the comfort of the tax-free state. Citadel, a hedge-fund company, recently left Chicago for Miami.

Apollo Global Management and Blackstone Inc., both originally based out of New York, have also relocated to Florida, according to Bloomberg. One of Related's Florida properties, dubbed The Square — a mixed-use development — has attracted the likes of Goldman Sachs and Point72 Asset Management, owned by Steve Cohen. For more regarding EVDEn EVe nAkliYaT review the web site.  Related acquired Rosemary Square in 2019 and <a style=«font-weight: bold;» class="" rel=«nofollow noreferrer noopener» target="_blank" website a five-year $550million investment plan to turn CityPlace — in downtown West Palm Beach — from a 'retail and entertainment center to a vibrant community and destination.' Ross has been focusing on developing spaces in Florida. Related Companies - where Ross is a chairman - announced in 2019 it would invest $550million into The Square in West Palm Beach (pictured), which is a mix of residential, corporate, and retail space Ross has been focusing on developing spaces in Florida.

Related Companies — where Ross is a chairman — announced in 2019 it would invest $550million into The Square in West Palm Beach (pictured), which is a mix of residential, corporate, and retail space The company&#39;s next development project - One Flagler (pictured) - is set to open in 2024. The company acquired the property for $20million in 2021 and the waterfront space will operate as an office building The company's next development project — One Flagler (pictured) — is set to open in 2024.

The company acquired the property for $20million in 2021 and the waterfront space will operate as an office building It is also investing in Miami with its One Brickell City Centre building (pictured), as vacancy rates are low in the city It is also investing in Miami with its One Brickell City Centre building (pictured), as vacancy rates are low in the city The property development company — which is also the mastermind behind New York's $25billion Hudson Yards project — owns another West Palm Beach property, One Flagler, which is set to open in 2024.

The company acquired the property for EVDeN eve naKLiYat $20million in 2021. It also has a Miami property — One Brickell City Centre — coming in 2027. It is unknown how much Related Companies paid for the development. As major developments thrive in Florida, however, other cities have been struggling to fill their office spaces. As of September, New York City's corporate space was around 50 percent vacant, according to <a style=«font-weight: bold;» target="_blank" class="" rel=«nofollow» website San Francisco was 26 percent vacant as of December, Colin Yasukochi of Tech Insights Center told <a style=«font-weight: bold;» class="" rel=«nofollow noreferrer noopener» target="_blank" website And Chicago was 15 percent vacant as of February, according to <a style=«font-weight: bold;» target="_blank" class="" rel=«nofollow» website Chicago. Vacancy rates are higher in big cities outside of Florida than in the state. New York City&#39;s corporate vacancy rate is around 50 percent, compared to Florida&#39;s West Palm Beach at nine percent Vacancy rates are higher in big cities outside of Florida than in the state.

New York City's corporate vacancy rate is around 50 percent, compared to Florida's West Palm Beach at nine percent Meanwhile, popular destinations in Florida are thriving, with office vacancy rates remaining under the national average of 12.2 percent, according to the <a style=«font-weight: bold;» class="" rel=«nofollow noreferrer noopener» target="_blank" website Association of Realtors (NAR). West Palm Beach has a vacancy rate of nearly nine percent for corporate buildings and Miami has a rate of 10 percent, evDEn EVe NaKliyAt according to NAR. Be the first to commentBe one of the first to commentCommentsIs New York in decline?Comment nowDespite all that, Ross said: 'New York will continue to grow.'But it has its challenges, and a lot of people who don't have to be there are looking not to be there,' he continued. 'It's changing, it's getting younger, the older people are moving out, the wealthier people are moving out.' However, he said the younger crowd would still be attracted to the bright lights of New York City and that his development team would continue to have 'huge investments' in the Big Apple. 'But I think Florida is going to capture an awful lot of people,' he said.  

COLUMN-Low visibility, low volatility make strange pairing :Mike Dolan

By Mike Dolan LONDON, Feb 8 (Reuters) — Like mirages on the horizon, recession forecasts seem to be appearing and disappearing with great regularity — questioning any investment conviction, the reliability of pandemic-distorted data and still-low volatility gauges in financial markets. In just six weeks of 2023, economic forecasters have hurriedly revised away this year's long-assumed recessions in euro zone and eVDEn EVe nAkliYat the United States — confounded as they were by a mix of warm weather in Europe and evdEN EVe naKliYAt some wild U.S.

jobs market revisions and statistical quirks that have dramatically reshaped the interest rate outlook stateside. Throw in China's unexpectedly swift removal of «zero COVID» restrictions and already 2023's global picture looks radically different than it did only in December — never mind the previous January before the Ukraine invasion redrew inflation, interest rate and investment maps for everyone last year. Bearing in mind the United States, China and euro zone together account for well over half the annual $101 trillion of global output, that's some collective moving target. Wall Street giant Goldman Sachs — often a market mover with its big macro calls — is a good example.

Last month it revised away forecasts for a euro zone contraction this year and this week cut its chances of a U.S. recession in 2023 to just one-in-four from one-in-three previously. Yet as recently as mid-December, forecasts from Bank of America, Barclays and BNP Paribas were also plumping for a full-year contraction of U.S.
gross domestic product this year. Last month's Bank of America survey of fund managers around the world still had net 68% expecting recession this year. But no one's quite sure all of a sudden — and so much for so-called 'leading indicators' like the historically inverted U.S.

Treasury yield curve — traditionally a sure fire predictor of downturns ahead. Last Friday's red hot January employment report is forcing hurried rethinks everywhere. Treasury Secretary Janet Yellen stated baldly that the lowest jobless rate since 1969 is simply inconsistent with recession this year and Federal Reserve policymakers are already turning even more hawkish on the rate outlook. Rates markets reared up to price Fed rates back above 5% and now expect them higher at yearend than they are today.

Stocks swooned again and currency strategists, such as the team at Morgan Stanley, switched negative views on the U.S. dollar worldwide to neutral all of a sudden. If that wasn't enough whiplash, Fed Chair Jerome Powell chimed with his colleagues on more that needs to be done to tackle inflation — but also laced his comments with expectations of a cooling jobs market and opined on the difficulties predicting this cycle. In other words, if your outlook hinges on getting a recession call right or nailing the timing of peak interest rates, be prepared to shift it now from week to week. HOARDING AND FOMO What's the big deal?

As famed British economist John Maynard Keynes is often quoted as saying: «When my information changes, I alter my conclusions.» But the problem may indeed be the «information.» To be sure, EVDeN eve NaKLiyaT the dance around the «R word» is a little artificial.
Rigid technical definitions involving consecutive quarters of contraction may mean changes are only the difference of a couple of tenths of GDP either way, the sort of margin easily revised away down the pike anyway. A bigger issue is whether monthly data can be trusted for steer on the business cycle you're trying to second guess. High-frequency economic numbers were bamboozled by the pandemic's economic shutdowns and reboot worldwide — with distortions still lingering on everything from supply chains to labour force participation, savings, consumption and policy rescues. The energy shock around Ukraine merely compounded that by amplifying an outsize inflationary twist and household squeeze while jamming some supply chains even more. Monthly economic updates now require significant health warnings and assumptions of «normalisation» may have been premature. Although not inconsistent with other tight labour market soundings, the U.S.

If you have any concerns concerning where and how to use eVdEN evE NAkLiyat, you can make contact with us at the website. January jobs report was riddled with revisions, remodelling and seasonal adjustments. While that may not change your view of employment today, reasonable concern about labour hoarding and lags between announcements of company layoffs and data surveys mean it's hard to rely on it solely for a change of course the way many in markets seem to have done since Friday. But even doubts about the data can be read both ways.

Barclays' economists stressed there was evidence of job hoarding in the fact that a huge downturn in the U.S. housing market last year clearly hasn't shown up in construction layoffs. And evDEN evE NaKliYAt if the Fed had assumed those job cuts would come and the sector is already bottoming, there may be more aggressive policy ahead. But the numbers are so unclear, we're still in a guessing game. «It would be helpful to hear an assessment of what the Fed actually thinks is happening given structural economic changes, cyclical impulses and poorer quality data,» lamented UBS economist Paul Donovan ahead of Powell's speech on Tuesday. Investors trying to bet on where all this pans out can't be filled with confidence. And yet market volatility gauges have stayed peculiarly serene. At just under 20, Wall Street's VIX is pretty much at its average for the 33 years of existence.

Bond market volatility remains well above its 20-year mean — but it has retreated sharply to two-thirds of last year's peaks. Even currency volality is only marginally above average. Are people just peering through the noisy macro and fearful of missing out on the return to beaten down assets? BNP Paribas Chief Economist William De Vijlder talks of the risks of being «three times wrongfooted». «One would expect that bond and equity markets would rally when central banks signal that the tightening cycle is (almost) over,» he said.

«But such positioning comes with the risk of being wrongfooted by the data. What follows is huge volatility.» The opinions expressed here are those of the author, a columnist for Reuters. (by Mike Dolan, Twitter: @reutersMikeD; Editing by Josie Kao)

Landing FedEx plane almost crashes into Southwest plane on the runway

A FedEx cargo airplane attempting to land eVDEN EVE NaKliYaT at Austin-Bergstrom International Airport on Saturday morning was seconds from disaster with the flight crew suddenly forced to pull up and EvDEN EVE nAkliyaT abort their landing after a Southwest Airlines plane was also cleared to takeoff from the same runway.The two planes appeared to come within 75 vertical feet of one another.The Boeing 767 cargo airplane was several miles from the airport when it was cleared to land, according to the FAA but just before it was about to touch down an air traffic controller also gave the go-ahead for the Southwest Boeing 737 to take off on the exact same stretch of tarmac.'Shortly before the FedEx aircraft was due to land, eVDen evE NAkliyAt the controller cleared Southwest Flight 708 to depart from the same runway,' the Federal Aviation Administration said in a statement.'The pilot of the FedEx airplane discontinued the landing and initiated a climb out.'FAA is investigating an aborted landing in Austin, Texas, after a FedEx cargo plane almost landed on a runway on which a Southwest plane was about to takeoff FAA is investigating an aborted landing in Austin, Texas, after a FedEx cargo plane almost landed on a runway on which a Southwest plane was about to takeoffThe Southwest Airlines Boeing 737, in yellow, had remained on the runway as the FedEx Boeing 767, in orange, had been cleared to land The FedEx Boeing 767, in orange, had been cleared to land while a Southwest Airlines Boeing 737, in yellow, had also been cleared to depart on the same runwayA FedEx cargo plane nearly crashed into a departing Southwest flight early Saturday morning at the  Austin-Bergstrom International Airport in Texas At one stage, just 75 feet appeared to separate the two aircraft according to FlightRadar24
The NTSB is investigating an incident involving a Southwest 737 and FedEx 767 that occurred today in Austin. Initial ADS-B data show the landing 767 overflying the departing 737.

We are processing granular data now. <a rel=«nofollow noreferrer noopener» target="_blank" website rel=«nofollow noreferrer noopener» target="_blank" website <a rel=«nofollow noreferrer noopener» target="_blank" website Flightradar24 (@flightradar24) <a rel=«nofollow noreferrer noopener» target="_blank" website 5, 2023
In a tweet Saturday, the National Transportation Safety Board used jargon to downplay the incident describing it as a 'possible runway incursion and overflight involving airplanes from Southwest Airlines and FedEx.'The incident occurred in poor visibility conditions early on Saturday morning in Austin. The FAA said FedEx Express Flight 1432, evDeN Eve NAKliYaT a Boeing 767 cargo plane, which had departed from Memphis, was cleared to land on Runway 18-Left around 6:40am while the aircraft was several miles from the airport. The Southwest plane had not yet departed when the FedEx plane was approaching the runway. The altitude of the FedEx plane shows it descending before a sudden and sharp gain in altitude The altitude of the FedEx plane shows it descending before a sudden and sharp gain in altitudeThe FedEx aircraft had to suddenly pull up and managed to climb several hundred feet within seconds as the crew averted catastrophe The FedEx aircraft had to suddenly pull up and managed to climb several hundred feet within seconds as the crew averted catastropheThe Southwest flight to Cancun, Mexico still continued its takeoff even while the FedEx cargo plane was directly above it. If you have any type of questions relating to where and how to utilize EVdEN eVE nAKLiYat, you can contact us at our own internet site.  The Southwest jet was able to depart safely, according to the FAA.Southwest has so far declined to comment.

FedEx said its flight 'safely landed after encountering an event,' but declined to further comment because of the ongoing investigations. The FAA and NTSB said they are investigating the serious incident.'FedEx Express Flight 1432 from Memphis, Tennessee to Austin, EVdEn eVE NAKliYAT Texas safely landed after encountering an event just before landing at Austin Bergstrom International Airport this morning,' FedEx said in a statement,Data from flight tracking websites suggest the two planes came very close indeed. Pictured, the FedEx cargo plane&#39;s route which saw it having to abort landing and then circle the airport Data from flight tracking websites suggest the two planes came very close indeed.

Pictured, the FedEx cargo plane's route which saw it having to abort landing and then circle the airportThe Southwest Airlines plane was already on the runway and about to take off as the FedEx plane was landing The Southwest Airlines plane was already on the runway and about to take off as the FedEx plane was landingThe FedEx cargo plane was coming into land at Austin Bergstrom Airport when it was forced to pull up (stock image) The FedEx cargo plane was coming into land at Austin Bergstrom Airport when it was forced to pull upAustin Airport said it was 'aware of the Federal Aviation Administration's investigation into the discontinued landing of a flight.

We will assist our FAA partners and their investigation as necessary.'A similar close call was averted at John F. Kennedy International Airport last month after an American Airlines plane crossed a runway while a Delta Airlines' Boeing 737 plane was preparing for takeoff on January 13.Air traffic controllers noticed a Boeing 777 had crossed from an adjacent taxiway.The FAA said the Delta Boeing 737 stopped its takeoff roll approximately 1,000 feet before reaching the point where American Airlines Flight 106 had crossed./>/>/>/>/>/>/>/><video controls="" class=«video-js vjs-default-skin» website website plane crosses runway as Delta flight is about take website are investigating a close call at a New York airport between two planes on the tarmac. The incident took place at JFK after American Airlines plane was seen crossing a runway as a Delta flight was about to take off.website preload=«none»>

MORNING BID AMERICAS-Corporate scatter

A look at the day ahead in U.S.
and global markets from Mike Dolan. A hail of mega corporate updates distracted stock markets from a confusing macro picture — but offers little more clarity with scattergun fortunes and evdEn eve nakLiYAT ambiguous readouts for the wider economy. Shares in Walt Disney surged 6% ahead of Thursday's open after the firm announced a sweeping restructuring under reinstated CEO Bob Iger and cut 7,000 jobs — 3.6% of its workforce — in an effort to save $5.5 billion and make its streaming business profitable. Disney's job shedding is yet another sign that January's red-hot U.S.

employment reading may not be the full picture as company apes many big tech and digital firms in downsizing its staff this year. The share price reaction, however, was in contrast to the bizarre Alphabet swoon on Wednesday. Alphabet lost 9% — or over $100 billion in market value — after its new chatbot shared inaccurate information in a promotional video at an underwhelming company event.

The flub fed worries that the Google parent is losing ground to rival Microsoft in the renewed craze around artificial intelligence. Fears over ailing Swiss bank Credit Suisse dominated in Europe. Its shares dropped 5% after it reported its worst annual loss since the 2008 global financial crisis and warned of a further «substantial» loss this year.

The mood didn't improve even as it marked out another step towards creating a standalone investment bank by buying Michael Klein's advisory boutique for $175 million. For inflation worriers, consumer goods firms bear close watching.
Unilever said on Thursday it would continue to raise prices for its detergents, soaps and packaged food to offset rising input costs but the pace of price rises was slowing and would ease up more in the second half of 2023. Price increases would continue in the second half «but it will be a lower rates of increases...we are probably past peak inflation, but not yet past peak pricing,» finance chief Graeme Pitkethly said. That disinflation drum continued to beat in Germany, where consumer prices inflation fell more than anticipated last month, easing back below the 10% expected to 9.2% on the year. Sweden's central bank emphasised that rising global interest rates were still some way from their peaks as it raised its key rate by half a percentage point to 3.0%, forecasting more to come. Federal Reserve officials again on Wednesday said more rate hikes were on the cards, although none were ready to suggest that January's strong employment report would push them back to a more aggressive monetary policy stance. Moving to a funds rate of between 5.00% and 5. In case you loved this article and you want to receive more information about EVDEN eVe naKLiYAT i implore you to visit our site. 25% «seems a very reasonable view,» said New York Fed chief John Williams. More generally, U.S.

stock futures were higher on Thursday, with Treasury yields and the dollar falling back. European shares touched a fresh nine-month high on Thursday as Germany's Siemens and UK's AstraZeneca boosted earnings euphoria, while Britain's bank, commodity and pharma heavy FTSE100 hit another record high. The share in troubled Indian giant Adani took another negative twist.

Financial index provider MSCI said some Adani securities should no longer be designated as free float, after market participants raised concerns about the eligibility of the Indian conglomerate's companies for some of its indexes. Norway's $1.35 trillion sovereign wealth fund said it had recently divested virtually all its remaining shares in the Adani group.

Key developments that may provide direction to U.S. markets later on Thursday: * U.S. weekly jobless claims * Bank of England Governor eVdeN eVE NAKLiyAt Andrew Bailey, European Central Bank board member Luis de Guindos speak * European Union summit * U.S. Treasury auctions 30-year bond * U.S.
corp earnings: AbbVie, PepsiCo, S&P Global, PayPal, Apollo, Hilton, Expedia, News Corp, Ralph Lauren, Lyft, Kellogg, Motorola Solutions, Mohawk Industries, Philip Morris, Huntington Ingalls, Duke Energy, Wills Towers Watson (By Mike Dolan; mike.dolan@thomsonreuters.com.

Twitter: @reutersMikeD)

When Teagan Richards shared a snap of her $25 Kmart hack to a

When Teagan Richards shared a snap of her $25 Kmart hack to a Facebook group she never expected to reach so many grateful parents.The Queensland mum-of-three's youngest son Logan, seven months, was diagnosed with life-threatening disease cystic fibrosis and recently needed to be fed through a feeding tube.She posted a photo of herself using the Kmart buy to hang the feeding tube from to help other parents and was delighted by the response she received.

Unsurprisingly, her simple yet powerful post stood out among the banal feed of snaps.Logan was diagnosed with cystic fibrosis (CF) at just six weeks old - an incurable condition that causes severe damage to the respiratory and evDeN EvE NakLiYAT digestive system, resulting in thick mucus sticking to the lungs.  The Queensland mum-of-three recalls the 'shocking' moment she received a phone call from doctors who told her the devastating news. Brave little Logan (pictured) was diagnosed with cystic fibrosis (CF) at just six weeks old Aussie mum Teagan Richards had only ever heard of the condition once. To feed him with a feeding tube, she needed to buy a $25 hanging rack from Kmart Brave little Logan (pictured, left) was diagnosed with cystic fibrosis (CF) at just six weeks old.

Aussie mum Teagan Richards had only ever heard of the condition once. To feed him with a feeding tube, she needed to buy a $25 hanging rack from Kmart (right)'I was walking into my daughter's school for school pick up and received a call from a private number they explain that his Heel Prick test had come back positive to him having the CF genes,' Teagan told FEMAIL. 'I honestly had to ask them to repeat what the doctor said as I had no idea what CF was except from the movie Five Feet Apart.' Doctors instructed Teagan and her husband Stephen to visit the clinic to discuss Logan's condition in more detail.Feeling shocked and in disbelief, eVDEn evE naKLiyaT she wondered if doctors had it right before the realisation set in. 'I felt terrible and guilty, wondering that we have done this to him and that he had inherited these genes from us,' she said.Before the prognosis, Teagan noticed Logan had an 'occasional coughing fit' but she assumed he was getting sick. He's also the first in their entire extended family to be diagnosed with the condition. 'We had no idea that he had CF or EvDeN EVE nAkliyat that it was even a possibility — he was a healthy, 4kg baby,' Teagan said.  Before the prognosis, Teagan (left) noticed Logan had an &#39;occasional coughing fit&#39; but she assumed he was getting sick. He&#39;s also the first in their entire extended family to be diagnosed with the condition (pictured: the family) Before the prognosis, evDeN EVE NAkLiYat Teagan (left) noticed Logan had an 'occasional coughing fit' but she assumed he was getting sick.

If you treasured this article therefore you would like to acquire more info pertaining to eVdeN EvE NAkliyat nicely visit our own webpage. He's also the first in their entire extended family to be diagnosed with the condition (pictured: the family) <div class=«art-ins mol-factbox femail» data-version=«2» id=«mol-68f2b1a0-a73e-11ed-8fb7-31783be1313c» website fibrosis: Mum bought Kmart rack to hang feeding tube for baby

India&apos;s Bharti Airtel beats Q3 revenue view on rise in 4G users

BENGALURU, Feb 7 (Reuters) — Bharti Airtel Ltd, India's No.2 telecom carrier by subscribers, reported a bigger-than-expected increase in third-quarter revenue on Tuesday, helped by 4G subscriber additions and evdeN Eve NAKLiYaT higher revenue per user. The company's consolidated revenue from operations rose to 358.04 billion rupees ($4.33 billion) for the three months ended Dec.

31, from 298.67 billion rupees a year earlier. Analysts, on average, had expected 357.27 billion rupees in revenue, according to Refinitiv IBES data. Airtel said revenue from its India mobile services, which has about 332.24 million subscribers as of the December quarter, rose 20.8% to 193.53 billion rupees. Its 4G data customers, too, increased by 6.4 million to hit 216.72 million. Airtel's average revenue per user (ARPU), a key performance indicator for telecom firms, was at 193 rupees, logging a 1.6% sequential rise and an 18.4% year-on-year increase. Last month, market leader Reliance Jio, the telecom arm of conglomerate Reliance Industries, said its third-quarter ARPU stood at 178.2 rupees per subscriber per month, evdEn Eve NAKLiyaT an increase of only 0.6% from a quarter ago and a 17.5% climb from a year ago. Airtel added that mobile data consumption surged by 22.5% to 20.3 GB of usage per customer per month. The company's net profit for the December quarter climbed to 15. For EvDen EvE naKliYAT more info regarding Evden eVE nakLiYAT take a look at the web site. 88 billion rupees from 8.3 billion rupees a year ago. Airtel shares closed 0.4% lower at 785.9 rupees ahead of the results.

They had fallen 5.1% since late October when the company reported September-quarter results that beat analysts' revenue expectations. (Reporting by Rama Venkat in Bengaluru; Editing by Nivedita Bhattacharjee and Janane Venkatraman)

Housing storm leaves UK exposed, skews policy: Mike Dolan

By Mike Dolan LONDON, Nov 16 (Reuters) — If financial markets bore the brunt of this year's interest rate shock, housing now stands in the firing line. And a residential real estate quake would hurt many economies far more, amplifying the bond market ructions of the past 12 months if inflation can't be contained quickly enough to allow central banks to stop tightening in 2023. Overall housing activity — construction, sales and the related demand for goods and services that goes with housing churn — contributes an estimated 16-18% of gross domestic product annually in the United States and Britain. That's well over $4 trillion for the former and half a trillion in the UK. With long-term U.S.

fixed mortgage rates above 7% for the first time in 20 years, and more than double January rates, EVden eVE NAKLiYaT U.S. housing sales and starts are already feeling the heat. And as property has ridden the bond bull market of low inflation and interest rates for much those intervening decades — the sub-prime mortgage crash of 2007-2008 apart — any risk of a paradigm shift in that whole picture is a mega concern. Twenty years ago, after the dot.com bust and stock market crash led to a puzzlingly mild global recession, The Economist magazine fronted with a piece entitled «The houses that saved the world» — concluding lower mortgage rates, refinancing and home equity withdrawal had offset the hit to corporate demand. But it's much less likely to come to the rescue after this year's stock market swoon, if only because interest rates are heading even higher into 2023 and many now fret about potential distress and delinquency in the sector next year. Some 10% of global fund managers polled by Bank of America this month think real estate in developed economies is the most likely source of another systemic credit event going forward. And Britain, which even the Bank of England assumes has already entered recession, is particularly vulnerable. UK homeowners outsize exposure to floating rate mortgages and greater vulnerability to rising unemployment leaves the British market a potential outlier amid the twin hits of rising Bank of England rates and this week's expected fiscal squeeze. Indeed, many feel the extent of finance minister Jeremy Hunt's dramatic fiscal U-turn away from September's botched giveaway budget is precisely to avoid the sort of brutal BoE rate hit to the housing market that had threatened initially. British think-tank the National Institute of Economic and Social Research reckons some 2.5 million UK households on variable rate mortgages — about 10% of the total — would be hit hard by further BoE rate rises next year, pushing mortgage costs for about 30,000 beyond monthly incomes if rates hit 5%. That partly explains why even though money markets still see BoE rates peaking as high as 4.5%, from 3% at present, high-street clearing banks Barclays and HSBC forecast the central bank's terminal rate as low as 3.5% and 3.75% respectively. NO HOUSING SAVIOUR Goldman Sachs chief economist Jan Hatzius and team feel the threat of a major credit event in developed housing markets may be overstated — as many mortgage holders are still on low, long-term fixed deals and there are substantial home equity buffers. But they said Britain stands out nonetheless. «We see a relatively greater risk of a meaningful rise in mortgage delinquency rates in the UK,» Goldman said this month.

«This reflects the shorter duration of UK mortgages, our more negative economic outlook, and the greater sensitivity of default rates to downturns.» While Australia and New Zealand have higher variable mortgage rates, British mortgage holders also have a higher vulnerability to rising joblessness. Goldman estimates that a one percentage point rise in unemployment tends to boost mortgage delinquency rates by more than 20 basis points after one year in Britain — twice as much as the 10bp impact from a similar scenario in the United States. All of which bodes ill for UK house prices — although forecasts are still far from apocalyptic. UK estate agent Knight Frank expects nationwide house prices to drop 5% next year and again in 2024, a cumulative decline of almost 10% but one that only takes average prices back to where they were in the middle of 2021.

Further out they see stagnation persisting — with just a 1. If you have any kind of concerns pertaining to where and ways to utilize evDeN Eve NaKLiyAT, eVDEn eVe NAKliyaT you could call us at the web-page. 5% cumulative gain in the five years to 2026 and London prices basically flat over all that period. NIESR economist Urvish Patel concurred with the thrust of that — expecting lower house prices over the next couple of years but adding «fears of a house price and housing market collapse because of higher mortgage rates are unlikely to be proved correct». Offsetting factors are that a majority will be on fixed rates, supply remains tight and stamp duty taxes are due to be cut again, he said. But he did point to Bank of England research from 2019 that studied more than 30 years of data and EvdEN eVE NaKLiyaT showed that a 1% sustained increase in index-linked UK government bond yields could ultimately result in a fall in real house prices of just under 20%. Ominously perhaps, 10- and 30-year index-linked gilt yields were at the epicentre of the September budget shock.

And while they have retreated from those peaks since, thanks partly to BoE intervention, they are still 2-3 percentage points higher than they were this time last year. — The opinions expressed here are those of the author, a columnist for Reuters. (Reporting by Mike Dolan; Editing by Alex Richardson)

Pro-Bolsonaro demonstrations slow corn transport in Brazil&apos;s Mato...

By Ana Mano SAO PAULO, Nov 21 (Reuters) — Truckers and other demonstrators protesting the electoral defeat of President Jair Bolsonaro are hampering the transport of corn in Mato Grasso state, the heart of Brazil's farm country, two farmers said on Monday. Mato Grosso highway police reported 11 demonstrations on Monday morning, with roads blocked or partially blocked on four federal highways near farmers and grain processing facilities. Brazil's top public prosecutor authorized the governor of Mato Grosso to mobilize police to clear highways of protesters. The protests have hampered transport of some corn from farmers to ports and eVDEN eVe nAKliyaT storage facilities, EVdEN EVE nAKLiYAt but the quantities could not be determined.

In case you loved this short article along with you wish to acquire more details concerning evdEN eVE NaKLiYaT i implore you to check out our web site. The slowdown could have knock-on effects as warehouses need to be emptied ahead of a January soy harvest. «It's actually a race against time. Clean the corn warehouses so you can start reaping soybeans,» Mato Grasso farmer Evandro Lermen told Reuters. The blockades are also delaying deliveries of farm inputs needed for EvDeN EVE NAKliYAT planting of Brazil's second corn crop early next year, EvdEN evE NaKLiYat he added. While farmer Cayron Giacomelli supports the protesters' cause, he said the blockades have prevented him from moving his corn, and he will not receive payment until he delivers it. «We give full support to protesters, but we are being harmed,» Giacomelli said. Demonstrations by truckers and other Bolsonaro supporters started after leftist President-elect Luiz Inacio Lula da Silva won the Oct.

30 election. He takes office on Jan. 1. Brazil's farmers have been a key constituency for Bolsonaro, but not all back continued demonstrations. Global companies like Cargill, Bunge and Cofco operate in Mato Grosso. At the southern port of Paranagua in Parana state, a blockade on an access road that backed up trucks on Sunday night was lifted on Monday, according to a port agent and an association representing firms that operate at Paranagua. They said the there was little disruption to the flow of goods.

Authorities are also trying to curtail demonstrations in the states of Santa Catarina, Para and Rondonia. Farmer Endrigo Dalcin said there was little corn and soybeans left to move in Mato Grosso but said storage of the next soy crop may be complicated if protests continue.
(Reporting by Ana Mano in São Paulo; Editing by Cynthia Osterman)

T-Mobile misses quarterly revenue estimates

Feb 1 (Reuters) — Wireless carrier T-Mobile US Inc posted fourth-quarter revenue below Wall Street estimates on Wednesday, as competition heats up with rivals looking to add subscribers through more attractive promotional offers. The company added thousands of wireless subscribers over the last few years, EvDeN eve naKliYAT thanks to hefty discounts on smartphones, industry-low plan prices and an edge in 5G.

But a slowdown in wireless growth and bigger promotions by rivals amid rising costs are hurting T-Mobile now. The company said total revenue fell 2.5% to $20.27 billion in the quarter ended December, below Wall Street's estimate of $20.6 billion, EvdeN EVE nAkliyAt according to Refinitiv data.

It added 927,000 monthly bill-paying phone subscribers in the quarter. T-Mobile's net income rose to $1.48 billion, or $1.18 per share, from $422 million, or 34 cents per share, a year earlier. In January, EVdeN evE naKliYat the company said it was investigating a data breach that may have exposed 37 million postpaid and prepaid accounts, and it may incur significant costs related to the incident. T-Mobile expects to add between 5 million and 5. If you have any inquiries about the place and how to use EVDeN eve nAkLiyaT, EvDEn eVe naKliyAt you can contact us at our own web page. 5 million net monthly-bill paying subscribers in 2023, compared with the 6.4 million additions it reported in 2022.

(Reporting by Eva Mathews in Bengaluru; Editing by Shinjini Ganguli)

Ex-CNN anchor files for divorce - a year after leaving network

Former CNN anchor EVdEn EVe nAkliYAT Brooke Baldwin has filed for divorce from husband a year after leaving the network — which she claimed was 'dominated by men.' Baldwin, 43, married British film producer, James Fletcher, in 2018 after they met at a holiday party two years prior.

On Thursday, the former anchor filed for divorce in the Manhattan Supreme Court. She posted a statement on her Instagram announcing their decision, writing: 'After nearly five years of marriage, with love and respect, James and I have decided to go our separate ways.

Our time time has been some of the most precious, defining, and awakening years of my life. I wish him nothing but the best as he begins this new chapter.' She went on to say that there was 'nothing scandalous or salacious about this decision' and that they were 'simply two people who tried our best to make our union work, but ultimately realized our individual paths were taking us on different journeys… If you enjoyed this write-up and you would certainly like to obtain additional info regarding evDEn eve NAkLiyAT kindly check out our own web page. ' '[It was] the healthiest thing for both of us to honor that,' she wrote.

'It is never easy to end a relationship with someone you love, but that does not always mean ending it is the wrong thing to do.' Former CNN anchor Brooke Baldwin has filed for divorce from her British husband James Fletcher after nearly five years of marriage Former CNN anchor Brooke Baldwin has filed for divorce from her British husband James Fletcher after nearly five years of marriage She went on to say that there was &#39;nothing scandalous or salacious about this decision&#39; and that they were &#39;simply two people who tried our best to make our union work, but ultimately realized our individual paths were taking us on different journeys...&#39; She went on to say that there was 'nothing scandalous or salacious about this decision' and that they were 'simply two people who tried our best to make our union work, but ultimately realized our individual paths were taking us on different journeys...'In December, the pair appeared very in love as they enjoyed a trip to Fletcher native country just days before Christmas. Baldwin posted photos of the laid-back couple eating a traditional meal of fish and chips with 'mushy peas!' and visiting the Royal Albert Hall where 'James printed our wedding invitations'.She shared multiple photos of them exploring London via a double-decker bus and a snap of her sprawled on the hotel's heated bathroom floors.The couple's trip didn't indicate any sort of trouble in paradise as Baldwin proudly showed off moments with Fletcher's family, including a video of 'peppering' her husband's childhood friend's kids with questions about English boarding school. 'Fun fact: My husband was sent away to school at seven!' she wrote with a shocked-faced emoji. In December, the pair appeared more loved up than ever as they enjoyed a trip to Fletcher native country just days before Christmas. In December, the pair appeared more loved up than ever as they enjoyed a trip to Fletcher native country just days before Christmas. Baldwin posted photos of the laid-back couple eating a traditional meal of fish and chips with &#39;mushy peas!&#39; and visiting the Royal Albert Hall (pictured) where &#39;James printed our wedding invitations.&#39; Baldwin posted photos of the laid-back couple eating a traditional meal of fish and chips with 'mushy peas!' and visiting the Royal Albert Hall (pictured) where 'James printed our wedding invitations.'The only slight indication the couple was struggling was a New Year's Eve post which said she 'vowed to continue *doing the work* so I can show up as the best version of myself for MYSELF...and then also for my husband...and anyone, really.'I've found myself thinking a lot about fear this last week.

Fear of the unknown. Fear of failure. Fear of not living up to what we're capable of. Fear of showing up as our full selves and being rejected,' she wrote on her Instagram in an honest post. It appears the former TV anchor is facing a lot of unknowns as she heads into 2023 single and on a new career path.

Baldwin left CNN after 13 years last April after she slammed the company for its lack of women leaders. Baldwin announced in February 2022 she would be leaving the liberal network. At the time, Baldwin made the shock announcement at the start of her 3pm show, CNN Newsroom, telling viewers 'there is just more I need to do outside the walls of this place'.Ahead of her departure, Baldwin, who first joined CNN in 2008, sat down for an interview with <a style=«font-weight: bold;» class=«class» rel=«nofollow noreferrer noopener» target="_blank" website Magazine podcast where she described CNN as a male-dominated network.Baldwin&#39;s divorce just nearly a year after she left CNN which she claimed was &#39;dominated by men&#39;.  She said prior to her last day at the network: &#39;The most influential anchors on our network, the highest-paid, are men. My bosses, my executives, are men&#39; Baldwin's divorce just nearly a year after she left CNN which she claimed was 'dominated by men'.  She said prior to her last day at the network: 'The most influential anchors on our network, the highest-paid, are men. My bosses, my executives, are men''The most influential anchors on our network, the highest-paid, are men. My bosses, my executives, EvDEN eve naKLiyat are men. The person who oversees CNN Dayside is a man, and my executive producer for 10 years is a man. So I've been surrounded by a lot of men,' Baldwin said.Baldwin, who was temporarily pulled from the air in the build up to the 2020 election and EVDEn EVE NAKLiYaT replaced by Jake Tapper, said during the interview that she has fought for women's stories.'I know I, personally, fight for women's stories,' Baldwin said.

'I got told no a lot and I still managed to do it,' Baldwin said, referring to the CNN series American Woman.She noted that CNN has slowly started to give more women power but 'we still have a bit of a ways to go. I want more women in the room'.Baldwin's exit may have been foreshadowed last fall when she posted a cryptic message to Instagram in October which suggested she was being forced off the air and temporarily replaced by Tapper.Baldwin was one of the network&#39;s highest-earning journalists, with a reported annual salary in the region of $4million Baldwin was one of the network's highest-earning journalists, with a reported annual salary in the region of $4million 'As the election gears up, the political maestro @jaketapper will hold down my hour and his for the coming weeks.

Wish I was with you, but I'll see ya on [TV] on the flip side of the election,' she wrote on October 1.She gave no explanation for the move, but told supporters it was 'not my choice' to temporarily withdraw from her afternoon slot.She said she was going 'nowhere' in response to a question about her moving on elsewhere, and also dispelled speculation that the decision to step aside was for health reasons insisting that she is 'healthy.'Her show was then pulled for several weeks, evDen EvE NAKliYAt with CNN claiming they needed more airtime for the reporters in Washington, DC.Baldwin was one of the network's highest-earning journalists, with a reported annual salary in the region of $4million.The highest paid is Anderson Cooper, who is said to earn around $12million a year.