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UK Property Sales Rise in April

Sales of property in the UK rose in April and some are predicting that prices could stabilize later in 2009. The latest monthly report from the Royal Institute of Chartered Surveyors (RICS) indicates that house prices fell by the slowest pace in 15 months during April.   The homebuilding industry is starting to look at […]

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Sibenik, Croatia to Get New Marina and Yacht Club

Island Global Yachting and Nautical Center Prgin (NCP) have finalized a joint-venture agreement for a new and expanded marina in Sibenik, Croatia. The existing marina will be expanded from 350 slips to include 65 megayacht berths. The new and existing facilities will comprise the new Mandalina Marina and Yacht Club. The facility will be managed

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Pound Down on UK Inflation Report

The Pound has today given up its recent gains following the Bank of England’s quarterly inflation report and accompanying speech by Mervyn King.   The Bank’s downbeat picture of the economic outlook has sent shockwaves through markets, after a few days of positive data had given the Pound a welcome boost and prompted speculation about

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Angola Going All Out for 2010

The southern African nation of Angola plays hosts to the 2010 African Nations Cup football championship. The competition, which is called CAN2010 in Africa, will be the first major sporting event to be hosted by Angola and is spurring millions of dollars in construction and investment in the country.   The tournament will take place

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