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Several iconic projects that were meant to transform the skyline of Russia’s major cities have been forced to be put on hold due to the current economic climate. The Russia Tower in Moscow, designed by Sir Norman Foster and supposed to be the tallest building in Europe, has been put on hold. Other projects on […]

The Czech Republic’s economic growth slowed to 4.2 percent in the third quarter of 2008, which is down from the previous estimate of 4.7 percent. It, like many economies across Europe, is slumping. Slowing demand for Czech products as well as a strong currency helped to slow growth in the economy, according to the Czech

The Village Coconut Island in Thailand won two awards at the recent Homes Overseas Awards, which were presented in London at the end of November. Coconut Island is just 650 meters off the east coast of Phuket, which is Thailand’s vacation destination. This new development has won a number of awards in its short existence

Natal Brazil, which translates as Christmas, takes this holiday very seriously. Residents go to extra lengths to make sure that ‘Natal no Natal’ (‘Christmas in Natal’ in Portuguese) is a special celebration. While there are some similarities to the holiday in the UK, the biggest difference is the weather. There’s no chance of snow on Christmas

The UK pound fell to a new low against the euro in recent trading, ending up at one point at €1.1391. The fall was pushed by a selloff the currency as fears of a long recession drove traders and speculators. The pound has sunk nearly 20% against the euro in the past year as UK

It seems that the global crisis has made the Euro more attractive to the Polish government with the Poland’s Prime Minister Donald Tusk confirming his position that the country will be ready to integrate the euro into the country in 2012. The polish zloty has dropped 23 percent against the euro from a record high

The lure of a lush green golf course in sunny climate can help attract overseas property buyers and no doubt adds to value of any new property development. These marketing techniques can be seen from new Mexican property developments in the Yucatan Peninsula.   Those who are looking to the Yucatan Peninsula of Mexico as

Dec 08 Homesgofast London Forbes’ annual top ten most expensive properties list shows that the credit crunch has even crept into streets paved with gold, as the homes are cheaper than last year and the wealthy are withdrawing properties from the market, unable to reach the price they want. Still, a property must be worth

Scandinavian countries are consistently hailed as having the best quality of life in Europe, an accolade which has turned their property markets into hotspots. One of these countries is Denmark, and it has much to offer the prospective buyer. A recent Knight Frank report described property in the Scandinavian countries as on the rise, explaining,

Two new high speed ferries have just arrived and will dramatically improve service on the Red Sea between Egypt and Saudi Arabia. The two Austral built 88 meter catamarans can carry both passengers and vehicles and will run between Dibba in Saudi Arabia and Safaga in Egypt. King Abdullah bin Abdulaziz Al Saud and the