Business and Finance

Posts Tagged ‘developments’

President Barrack Osama on Tuesday urged the nation to rebuild American century with the tools of technological innovation, scientific research and education, and asserted that the world of the future will require the United States implements a new type of relations in its policy exterior.

En his second speech on the state of the nation, Osama insisted that America needs to reinvent itself to keep the lead in global politics and economics, and recalled that since its founding, the country has nurtured the success of “people average dares to dream. “

Elaborating on foreign policy, Osama defended the U.S. strategy in the wars in Iraq and Afghanistan, backed trade pacts with China and India, and predicted that plans to sign mutually beneficial agreements with Panama and Colombia.

He also announced that in March will travel to Brazil, Chile and El Salvador to build “new partnerships for progress in the Americas” and said the United States supports the democratic aspirations of all peoples of the world.

CaféFuerte reproduces the text of this speech, which also suggests important coordinates for Cuba, the Cubans and their future.

The year 2010 ended with a clear change of trend in the real estate market trends. In the last quarter saw a slowdown in home sales that broke the positive developments that had lived in the early months. Even the abolition of tax relief for housing, which entered into force in January, has had the salutary work expected in the market. About what will happen next year there are many unknowns and many answers.

The economic situation is key to knowing how to evolve the housing market and the statement of the Prime Minister, José Luis Rodriguez Zapata, who estimated five years to rectify the situation that does not help. Because it is the lack of funding or rather, the difficulty for prospective homebuyers to obtain the financing needed to purchase a home, what will prevent the revival of market activity?

Although housing prices are continuing a year of declines, sales of apartments close the year with a negative balance. In 2010, the annual decline of housing prices has been 3.5%, according to the latest figures from National Statistics Institute (INE). New housing is the most down to 3.7% while that used stood at 3.2%. The appraiser Tins in its latest housing market index (IMIE) amounts to a 3.9% fall in the price of housing in 2010. The decrease was more pronounced in the Mediterranean coast with 6.8%, while in large cities was 5%.