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...Mainly sold to refineries in China, ESPO has consistently traded well above the $60-a-barrel price cap imposed by the G7 in December 2022....
...The recent surge in mortgage rates has “spooked” buyers and forced sellers to compromise on price, said Zoopla’s research director Richard Donnell....
...As John Kerry prepares to hand over his responsibilities to incoming US climate envoy John Podesta he spoke to the Financial Times about his achievements since his appointment in 2021 and the challenges...
...Brexit and mortgage regulatory changes also played a role, according to Richard Donnell, executive director at property consultancy Houseful....
...It is now producing more oil than any country in history even as Opec+ countries curb supply in a bid to bolster prices....
...“If a consumer is paying a low price for a gold ring, and there’s no traceability, it’s likely someone is paying the human price,” says Rojas....
...“We’re coming off a very hot pandemic period where people were getting 100 per cent of asking price — which is not normal,” said Richard Donnell, research director at Zoopla....
...Nationwide’s house price index for February recorded its first annual rise in house prices since January 2023, with prices up 1.2 per cent over the year....
...Kerry: Well, every aspect of finance is urgent....
...Only a rapid and sustained expansion in rented housing will start to improve affordability for UK renters,” said Richard Donnell, executive director at Zoopla....
...“Sellers need to remain realistic if they are to take advantage of improving market conditions to secure a sale and move home in 2024,” says Richard Donnell, Zoopla’s executive director of research....
...order for the renewable infrastructure sector to grow, it will need to raise equity over time, and it’s almost impossible to see that happening while we continue to see a discount to NAV,” added Paul O’Donnell...
...“The incentive is, if you’re serious about moving you’ve got to put your house on the market at the right price,” said Zoopla’s head of research Richard Donnell....
...Donnell said prices had held up better than some predicted in part because of tougher regulation around mortgages and more forbearance from lenders than during the 2008 housing downturn, which meant fewer...
...The extent of “abated” usage in the coming decades is a giant question hanging over COP28, not to mention the share prices of global oil companies....
...“A lot depends on what happens in the labour market and the true trajectory of mortgage rates,” said Richard Donnell, executive director at Zoopla....
...A third of homes that sold had their prices cut, of which one in 10 dropped by more than 10 per cent before finding a buyer, Donnell said....
...Power Points The heartland oil refiner fuelling Carl Icahn’s empire John Kerry blasts US asset managers for “turning away from science” and scaling back on climate action Exxon and Chevron must decide...
...“Lettings is a complex and involved process,” Donnell added....
...“We haven’t had the price fall we need to make housing more affordable and encourage more [house sales],” said Donnell. “We are stuck and the prices are not falling as much.”...
...Richard Donnell, research director at property website Zoopla, said: “The numbers don’t really add up unless you live in a big house....
...But, since 2022, higher interest rates, more reluctant lenders, and falling property prices have all eaten into returns....
...First of all, it’s hard to dispute that Carlyle has done well, selling Jagex for a roughly 80 per cent markup on its purchase price....
...“We want to raise funds on the carbon market,” he said, but “the price given for Africa is very low”. With help from the World Bank and other players, carbon prices in Africa could be valued higher....
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