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Petrobras first wind power plant comes on line 8 months early

Rio de Janeiro - Long a world leader in alternate energy sources such as ethanol and bio-diesel, Petrobras announced today that its first complete wind farm, a complex of four separate installations in the Northeastern state of Rio Grande do Norte, has now come on line, eight months ahead of schedule.   The state-controlled energy giant, second largest energy company in the world, also second...

Currency Market News — November Exchange Rate Update

Currency news and exchange rate volatility at the moment have been dominated by the Greek debt crisis, which has had knock on effects for many major currencies as well as the Euro. For those of you buying property abroad, who will need to make international payments in different currencies, the prospects for November are even less clear than usual.   For the Euro, we have seen the single currency...

Expensive houses for sale hit peak in Hong Kong

Expensive houses for sale hit peak in Hong Kong in the third quarter of 2011, according to the latest reports. The Residential Index, published by Jones Lang LaSalle, showed that Hong Kong’s average capital value fell by 0.2 per cent. The drop followed an increase of 1.6 per cent in the second quarter of the year and marks the first time that values have fallen since the beginning of...

Homes for sale in Jamaica helped by award-winning tourism

Homes for sale in Jamaica are once again part of an award-winning tourism industry, after the country picked up several accolades at the World Travel Awards this month. The World Travel Awards Caribbean & Americas were dominated by Jamaica last week as the country won multiple prestigious awards. The ceremony, which took place in Montego Bay, crowned Jamaica Caribbean’s Leading...

UK’s most luxury home finally sells for £35 million

An opulent Surrey mansion which has been on the market since 2005 has finally sold for less than half its original asking price.  Updown Court was once expected to fetch £75 million but has now sold after six years on the market for just £35 million. Repossessed property sold to foreign businessman Earlier this year, owner Leslie Allen-Vercoe defaulted on the debt he had taken on to finance...

Ipads, Iphones, & Ipads To Be Built in Brazil

Fortaleza October 27, 2011- It is hardly news that record flows of foreign direct  investment is coming into Brazil from China. The vast majority of it from state-owned companies. The list totals US$ 35.75B in 2010 and more than US$ 50B year to date in 2011, an all-time record. Latest to join the fray, billionaire Eike Batista, Brazil´s wealthiest man is now joining forces with Foxconn,...

Brazilain Unemployment Rates Announced

Brasilia-The Government Bureau of Statistics (IBGE) today released unemployment figures for September showing a rate of 6% in the 6 statistical áreas covered: Recife, Salvador, Belo Horizonte, Rio de Janeiro, São Paulo e Porto Alegre. While slightly less than 6.2% recorded in August it is dead flat against 6% in September 2010. The number of persons unemployed, estimated at 1.5 Million is...

Spanish resorts boast cheap property abroad

<p class="MsoNormal">Spanish resorts continue to be one of the best locations to look for <a href="https://www.homesgofast.com/property_abroad.php">cheap property abroad</a>, the latest figures reveal.</p> <p class="MsoNormal">Statistics from the Spanish government, revealed last week, show that the average price of Spanish property has fallen to 1,700 Euros per square metre....

Alvaro Siza house designs earn honorary degree for architect

After all the award-winning Alvaro Siza house designs produced over the past five decades, the architect has received an honorary degree this week. The Doctorate, which was handed out at the University of Seville, is the latest in a long line of accolades for Silva, whose real estate designs have garnered much acclaim over the years. Silva began producing works in 1954 and continues to do so. His most...