Articles by: Svilen Petrovmm

Turkish office space deals in local currency are increasing

August 15, 2018 7:31 pmComments Off on Turkish office space deals in local currency are increasing
Turkish office space deals in local currency are increasing

Turkey has 411 operating shopping centers, while malls under construction are 43. The free office space are decreasing and rental contracts are made in Turkish liras. At the same time, the number of foreign visitors to Turkey has grown in the first five months of 2018. This shows a report on the Turkish real estate market published by JLL. The data show that there are 118 shopping centers in Istanbul […]

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The UK unemployment has reached its lowest level in 43 years

August 14, 2018 11:59 amComments Off on The UK unemployment has reached its lowest level in 43 years
The UK unemployment has reached its lowest level in 43 years

The UK unemployment has reached its lowest level in Q2 2018 in last 43 years, but the rate of increase in wages shows signs of weakening. The UK unemployment rate is 4%, which is the smallest percentage since February 1975, according to the National Statistics Office. The expectations of the economists were the rate to stay at 4.2%. The fall may also be included in the list of reasons of […]

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German economy accelerated more than expected in Q2 2018

11:48 amComments Off on German economy accelerated more than expected in Q2 2018
German economy accelerated more than expected in Q2 2018

The German economy accelerated more than expected in the second quarter of the year, boosted by higher household and government spending. The data also show that the largest European economy continues to move upward despite commercial uncertainty. The gross domestic product rose by 0.5% on a quarterly basis, which is above the forecast of 0.4%. The figures also show an upward revision of the results for the first three months […]

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Business activity in China expands at a slower pace in July

11:25 amComments Off on Business activity in China expands at a slower pace in July
Business activity in China expands at a slower pace in July

The business activity in China expands at a slower pace in July 2018. Some investments have fallen to levels that have not been observed for nearly two decades, while the country faces a counter-wind from the trade war with the United States. The National Bureau of Statistics of China reported that urban investment increased by 5.5% in the first seven months of the year. This is the slowest growth since […]

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Russian ruble reached its lowest level against the US dollar in more than two years

10:58 amComments Off on Russian ruble reached its lowest level against the US dollar in more than two years
Russian ruble reached its lowest level against the US dollar in more than two years

The Russian ruble reached its lowest level against the US dollar in more than two years, affected by the continuing pressure on emerging markets because of the economic situation in Turkey. The Russian Central Bank could not helped despite that stopped the purchase of foreign money for its reserves. On Monday morning, the ruble fell to 68.66 rubles per dollar, which is unprecedented level since April 2016. Later, it managed […]

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