As we had forecast, the M&A activity which went down when interest rates went high would soon return.
Category: 9 April 2024
TURKEY’S VOTERS REBUKE ERDOGAN’S ECONOMIC POLICIES
On 31 March, the Justice and Development Party (AKP) led by Turkey’s President Recep Erdogan was drubbed in municipal elections, suffering what Bloomberg called “an unprecedented defeat.”
SPOTLIGHT: CHINA’S ECONOMIC STRUGGLE
In March, China’s factory activity grew for the first time in six months, the country’s National Bureau of Statistics (NBS) has estimated.
EUROPE’S HOME PRICES DROP FOR FIRST TIME IN 10 YEARS
Home prices across the 20 Eurozone countries decreased 0.7 percent in last year’s final quarter from the quarter before and 1.1 percent over all of 2023, official figures showed.
TOP TREND 2024: EV GO FU: FORD DELAYS NEW EV MODEL UNTIL 2027
Citing a weak market for electric vehicles (EVs), Ford Motor Co. is delaying the debut of a three-row EV until 2027 and instead is focusing significantly on gas-electric hybrids.
RICH GET RICHER: TOP 10 PERCENT IN EUROPE OWN 67 PERCENT OF WEALTH
Across Europe, 10 percent of people own 67 percent of the continent’s wealth, while the lower 50 percent own just 1.2 percent, according to the Credit Suisse and UBS Global Wealth Report for 2023.
GOING OUT OF BUSINESS TRENDS
In recent times, the economic landscape has presented an array of challenges that have profoundly affected the business community. Some of the most significant challenges include soaring inflation rates, escalating interest rates, looming fears of a recession, and a tangible decrease in revenues for many sectors…
TOP TREND 2023: OFFICE BUILDING BUST
In this year’s first quarter, the nationwide U.S. office vacancy rate averaged a record 19.8 percent, Moody’s reported, up from 19.6 percent the previous quarter.
WHEN THE ECONOMY FALLS JOBS GO WITH IT
It’s global. The numbers are there for all to see. From developed to underdeveloped nations, economies are slowing down and/or contracting.
TOP TREND 2024: BANKS GO BUST
Faced with a looming wave of wobbly commercial real estate (CRE) loans coming due, banks seem to be granting many lenders extensions of their maturity dates to give them more time to either refinance those loans or scrape together more capital to qualify for a new loan.