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The fair is back to full strength even as the city struggles with economic and political challenges. Plus: major Chinese-art collector Uli Sigg; a hot new gallery quarter; and much more
...Government bankruptcies are fascinating because they are a heady mix of finance, economics, politics, geopolitics and the law....
...Harris has vowed to introduce a “fair and firm” immigration system....
...“I wouldn’t say it’s halfway house, I’d say it’s a journey,” he said, adding, “you could not find a better encapsulation of rentier economics” than the investment managers and pension funds who own freeholds...
...Most works at the fair were priced below these levels, reflecting India’s still emergent clientele for art....
...The economic historian Professor Kevin O’Rourke, re-examining Ireland’s record as an independent state, said “a plausible candidate” for its economic underperformance between 1954 and 1973, when both it...
...In the IMF’s latest World Economic Outlook, the Fund follows the ECB last year in taking a big sweeping look at the role housing plays in the transmission of monetary policy across the globe....
...And future interest rate cuts by the Bank of England would probably result in further mortgage rate falls, spurring the housing market further....
...Compounding issues is the wider economic and sociopolitical environment, in which galleries around the world are struggling to thrive....
...We urgently need serious conversations and new policy about what homes are for, and how they can support not only the basics of having a roof over one’s head, but also support both local economic activity...
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...Other experts, such as Barnes at UCL, believe the problem comes down to fundamental economic conditions....
...Prices are down but deposits are up,” said Paul Cheshire, professor emeritus of economic geography at the London School of Economics....
..., not the lifetime economics....
...When the Frieze art fair lands at Santa Monica airport in Los Angeles for its fifth edition next week, it will find itself in an art market tossed by economic and political uncertainty — from heavily debated...
...Rachel Reeves, shadow chancellor, last week promised to tear up a planning system she described as “the single greatest obstacle to our economic success” and reintroduce mandatory local housing targets....
...“Every penny stripped from the justice sector increases costs elsewhere, through court delays and impacts on other services such as housing, benefits and schools,” he added....
...Hong Kong announced measures to boost the territory’s economy and weak property market amid higher interest rates and an economic slowdown in China....
...At the margins, investment in housing can be an important input to economic growth (all the more so because the assets involved tend to be leveraged, as anyone who was around 15 years ago will remember)....
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...The Strategic Organizing Center, a coalition of labour groups that had nominated three people for Starbucks’ board, on Tuesday said the company and the Workers United union had agreed to work together to...
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