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China’s holiday home sales fall 37.7% y/y

China’s holiday home sales fall 37.7% y/y

4/4 © Reuters. FILE PHOTO: Under-construction apartments are pictured from a building during sunset in the Shekou area of Shenzhen, Guangdong province, China November 7, 2021. REUTERS/David Kirton 2/4 BEIJING (Reuters) – Chinese new home sales by floor area fell 37.7% year-on-year over the week-long National Day holiday starting from Oct. 1, a private survey…

IMF should issue new reserves to help countries tackle overlapping crises

IMF should issue new reserves to help countries tackle overlapping crises

© Reuters. International Monetary Fund (IMF) logo is seen outside the headquarters building in Washington, U.S., as IMF Managing Director Christine Lagarde meets with Argentine Treasury Minister Nicolas Dujovne September 4, 2018. REUTERS/Yuri Gripas By Andrea Shalal WASHINGTON (Reuters) – The International Monetary Fund should issue $650 billion in new emergency reserves to help its…

Investor Druckenmiller sees U.S. falling into recession next year

Investor Druckenmiller sees U.S. falling into recession next year

© Reuters. FILE PHOTO: Stanley Druckenmiller, Chairman and CEO of Duquesne Family Office LLC., speaks at the Sohn Investment Conference in New York City, U.S. May 4, 2016. REUTERS/Brendan McDermid/File Photo (Reuters) -Billionaire investor Stanley Druckenmiller said he believes the Federal Reserve’s monetary policy tightening may push the U.S. into a bigger-than-expected recession next year.…