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...his real estate empire....
...The order from the appeals court provided a significant reprieve for Trump, who had been rushing to secure the cash for a bond after several insurance companies refused to accept his real estate holdings...
...These would include reducing the stock of unfinished housing left over from its real estate crisis and “giving more space for market based corrections in the property sector”....
...To protect themselves, insurers often demand collateral totalling 100 per cent of the judgment, or more, in cash or highly liquid securities — not real estate....
...Not to mention, he’s lagging far behind US President Joe Biden in raising campaign cash....
...Trump is the presumptive Republican party nominee to face President Joe Biden....
...Those properties the family still control are suffering the same plagues of rising interest rates and remote working that are afflicting the rest of the commercial real estate industry....
...“The combination of weakening growth, slumping confidence, entrenched deflation, a real estate meltdown and swooning financial markets ought to be a clarion call for policymakers to act decisively and soon...
...Ray, who once oversaw the restructuring of Enron, rubbished that claim, and said that what had been recovered had only occurred because his “very large team” had spent “over a year stewarding the estate...
...Joe Lewis, the British billionaire whose family owns Tottenham Hotspur football club, has pleaded guilty to three criminal counts in an insider trading case, tarnishing the reputation of the wealthy investor...
...“Our initial expectations were that exports might moderate this year if the real estate market stabilised,” he said....
...A New York judge has ordered Donald Trump, two of his sons and some of his business associates to pay a total of $364mn in penalties for persistent fraud committed by his real estate empire, and banned the...
...In remarks delivered outside of his Mar-a-Lago estate in Florida, Trump denounced the decision....
...him off the ballot in November, and a special counsel issued a politically damaging report about the mental acuity of his 81-year-old opponent Joe Biden....
...Joe Biden will try to stamp out doubts about his re-election prospects in his State of the Union speech on Thursday, while laying out the choice facing American voters in this year’s presidential race....
...TMTG’s public listing is expected to provide a multibillion-dollar windfall for Trump, who faces nearly a half-billion dollars in penalties after a civil fraud trial involving his real estate empire....
...“Of all the developers, I have to say he was one of the more aggressive ones,” says Desmond Shum, author of Red Roulette, a book about elite Chinese business and politics, who knew Hui in his heyday....
...China’s economy is still bearing the impact of a real estate sector crisis that began after authorities sought to rein in developers’ vast borrowing....
...Department of Justice special counsel Jack Smith alleged Trump tried to keep the material from authorities, including storing boxes in a shower on his Mar-a-Lago estate....
...Joe Biden and Xi Jinping are holding a high-profile summit in San Francisco on Wednesday in a renewed attempt to stabilise US-China relations after several years of rising tensions and mounting concern about...
...Xi is expected to be more restrained on tensions with the US this year, after he met President Joe Biden in November in San Francisco....
...The New York attorney-general has urged a judge to force Donald Trump and his businesses to pay $370mn for vastly inflating the value of his real estate empire in order to secure favourable loans, an increase...
...The New York attorney-general has urged a judge to force Donald Trump and his businesses to pay $370mn for inflating the value of his real estate empire by billions of dollars over the course of a decade...
...“The Chinese government is looking for new sources of growth outside of real estate and related sectors,” said Sean Stein, chair of AmCham China....
...But there’s signs within the Chinese economy of deflationary pressure. We’re getting that coming in from falling house prices, low investment in real estate....
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