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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum -- Ignore unavailable to you. Want to Upgrade?


To: Snowshoe who wrote (105720)4/21/2014 4:10:34 AM
From: Haim R. Branisteanu  Respond to of 217577
 
Why people are ignoring the recent finds of NG and crude oil in the region around Crimea and toward Romania, with Romania a NATO member having claims on those deposits which are estimated to be very meaningful and US and EU big oil are already involved over their head in exploration.

Like wake up everybody



To: Snowshoe who wrote (105720)4/21/2014 7:16:44 AM
From: TobagoJack  Respond to of 217577
 
Am guessing that some heretofore hoarded real estate shall soon come onto the market

online.wsj.com

China Gives Timetable for National Property Registry
SHANGHAI—China's land ministry said a nationwide property registry will be operational before 2018, in a move that could help stem corruption and discourage speculative home buying.

"China is developing the foundation of a unified property registration system this year. In 2016, it can establish the property registry and before 2018, the platform for information management will be operational," the Ministry of Land and Resources said in one of its online publications.

While a national registry has been widely anticipated, this is the first timetable the ministry has offered for the system, which would allow the government to keep track of home ownership.

Many local governments in China have restricted purchases of second or third homes, but they have little information on homes purchased in other cities.

Multiple-home purchases by corrupt officials have damaged the reputation of the ruling Communist Party, and a national registry would make this form of corruption less attractive, analysts said.

A lack of transparency in real-estate ownership has allowed corrupt officials and well-to-do businessmen to amass large amounts of property, driving up prices at the expense of low-income earners who are unable to find affordable housing, analysts say.

Analysts have also said the registry will probably precede the expansion of a property tax, now being used on a trial basis in Shanghai and Chongqing. Also, analysts have described Beijing's progress in rolling out this registration system as slow.

The registry is meant "to protect the property rights of individuals, which is the precondition and foundation of a market economy," the ministry said in its statement. It added that more reliable and accurate data from such a registry would also help "improve administrative effectiveness."

Property developers have also complained about incomplete information about land zoning, saying some local authorities have sold massive amounts of land without considering a possible oversupply of housing and commercial development.

China's real-estate market has slowed considerably since the start of the year, with home prices in more cities weakening and housing sales declining 7.7% in the first quarter of 2014 from a year earlier.

Analysts said a tighter mortgage environment, a glut of apartments in smaller cities and slower economic growth are contributing to a sluggish property market.

Write to Esther Fung at esther.fung@wsj.com



To: Snowshoe who wrote (105720)4/21/2014 10:21:11 AM
From: Maurice Winn  Read Replies (2) | Respond to of 217577
 
Quite possibly. <I believe you are underestimating Putin. He will "keep the pot boiling" and try to grab Odessa and the rest of Ukraine's Black Sea coast, from Crimea west to his beachhead in Transnistria.> Wherever Transnistria is, the name seems quite Russian. Seems a reasonable plan. That's not much at all. Hysterics are thinking he's going to be sending a Russian Rommel through Libya and France, Germany, Belgium, Holland en route. They claim, as per Godwin's law, that he's just like Adolf. Which is even more absurd than CO2 hysteria.

It's a bit like the break-up of Yugoslavia into more cohesive units. Tito kept Yugoslavia tranquil but I have never seen such a sullen place as Pristina was in 1974 [I think it was Pristina]. I wondered what the heck that was about. 20 years later, I found out. Scotland and Quebec, East Timor and one place and another opt for independence at times. Ireland went long ago.

Ukraine was already boiling and Victoria Nuland was stoking the heat under the cauldron and manipulating the situation. It's obvious that Putin would oppose the evil witch. Unlike the NSA, his spying got the goods on Nuland. The NSA spooks get the goods on their girlfriends but couldn't figure out whether "Curveball" was giving them a load of rubbish about WMDs, which he was.

There are a few states in the USA which have lots of people thinking of secession. Hawaii should join NZ for example, so I'd have a northern summer hideout without needing a passport.

BTW, passports are an anachronism. There are computers these days so an identity scan at the port is all that's needed, with a link to the person's national data base.

Mqurice