Word: demands
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...Outside the financial sector," Reuters quotes the draft, "the European Council underlines its determination to take the necessary steps to react to the slowdown in demand and the contraction in investment and in particular to support European industry." There's every indication that that help will be sorely needed...
...world presage a price correction in paradise? Surely, as hedge-fund managers find themselves without fat end-of-year bonuses because of the recent market madness, they'll shy away from acquiring luxury second homes. Gallmann of Exotiq Real Estate acknowledges that the financial crisis will dent demand, particularly in Bali where the real estate volume is higher than in Phuket. But he isn't too worried. "Look, I've been involved with Bali for 20 years and through that time we've gone through more than you can imagine, from the Asian financial crisis and a political revolution...
...least 2,300 high-end residential units were launched in Phuket, and roughly 970 more came up for sale in the first half of this year, according to Colliers International. Prices have skyrocketed, with new buyers from India, South Korea and even Central Asia driving up demand. At the Trisara residential complex, for instance, a sea-view, fully furnished two-bedroom villa managed by the boutique hotel of the same name goes for upward of $4 million for a 120-year lease. A first phase of 18 villas perched over a secluded bay has already sold out, with one three...
...Eisenach, Germany Great historic forces once spread from Eisenach, where Martin Luther translated the New Testament into German to drive the Reformation. Today, this town of 40,000 is notable for the more prosaic fact that it's at the receiving end of a chilling secular influence: slowing demand for automobiles. Opel, a European subsidiary of the beleaguered American giant General Motors, is the town's biggest employer - and when Opel's in trouble, so is Eisenach...
Using Google as an example of how successful and in-demand free knowledge truly is, Thomas accuses Harvard of being “caught up in old conceptions of property and economics as selling products. Once we realize that…development of ideas is helped and not hurt with open information…the better off we will...