US News: real estate in China is likely to plumb the economy of the planet, the Fed pulls the alarm

China: Evergrande, ultra-indebted promoter, claims to have given their keys to 57,000 owners

 China: Evergrande, ultra-indebted promoter, claims to have given their keys to 57,000 owners The Chinese real estate giant is still at the edge of bankruptcy, like other companies in the area © Ng Han Guan / AP / SIPA Evergrande drags an estimated debt to 260 billion euros. Real Estate - The Chinese Immobilier Giant is still at the edge of the bankruptcy, like other companies in the sector the pressure is gently loosen around Evergrande. In September, the giant real estate was at the brink of bankruptcy after two interest payments on dollar obligations not honored.

L'immobilier en Chine risque de plomber l’économie de la planète, la Fed tire la sonnette d’alarme © Pixabay real estate in China risks folding the economy of the planet, the Fed draws the bell Alarm The difficulties of the Evergrande giant could result in a chain reaction and eventually affect the United States.

Global growth affected by the difficulties of the real estate sector in China? This is what the Fed fears, while the setbacks of the Evergrande giant, could eventually turn against the United States, according to its stability report. "Tensions in the Chinese real estate sector could test the Chinese financial system" and in fine "pose risks for global economic growth and affecting the United States," says the US Central Bank (Fed) in this SEMI report -annual.

Real Estate Credit: Can a bank refuse to lend for the purchase of energivorous accommodation?

 Real Estate Credit: Can a bank refuse to lend for the purchase of energivorous accommodation? © Pixabay Real Estate Credit: Can a bank refuse to lend for the purchase of energivorous accommodation? In the "Great Real Estate Appointment" (Capital / Radio Immo), Michael Benchabat, founder of bestbiens.com advises an auditor who finds himself stuck because the bank does not want to lend to finance the purchase of a Housing whose energy label is classified E. each month, the "Great Real Estate Appointment" (Capital / Radio Immo) answers your questions through its sequence "It concerns you".

The Evergrande giant is strangled by an abyssal debt of 260 billion euros, which inflects the entire real estate sector in China, because, facing the risk of bankruptcy of several promoters, buyers are suspicious and the prices of new housing. by declining. Another Chinese real estate developer, Kaisa, whose financial position worries the markets, has suspended its quotation on Friday on the Hong Kong Stock Exchange.

>> To read also - the Chinese government wants the Evergrande boss to pay from his pocket part of the debt

the president of the optimistic Fed in September

the tensions could "spread to the Chinese financial system through Response to financial companies, a sudden correction of real estate prices or a reduction in investor risk ", still highlights the Fed. The risk is then that it spreads to the whole of the global economy, "taking into account the size of the economy and the Chinese financial system as well as its extended commercial ties with the rest of the world", is it specified in this report.

global warming: the UN pulls the

 global warming: the UN pulls the alarm © Pixabay global warming: the UN draws the alarm the all new climate commitments of the states would always lead to a warming of 2.7 ° C, At best 2.1 ° C taking into account the promises of carbon neutrality, according to the last estimate of the UN published Tuesday, November 9 during COP26. The annual reference report of the United Nations Environment Program published just before the Glasgow Climate Conference warned against a "catastrophic" warming of + 2.7 ° C, or + 2.2 ° C by adding

The conclusions of this report contrast with the comments of the President of the Fed, Jerome Powell, who felt on September 22 that the United States was "not really directly exposed" to the difficulties of Evergrande. "The Evergrande's situation seems very special to China, which has a very high debt for an emerging market economy," he said at a press conference. However, it had worried "that it could affect the financial conditions in the world through the channels of trust".

>> To read also - China: Ultra-indebted, Evergrand Evits in extremis a payment fault

Experts: Abolish tax benefits for real estate owners .
Three renowned scientists demand the abolition of the tax privileges for real estate ownership. © Robert Günther / DPA-TMN Three renowned scientists are looking to abolish tax privileges for real estate owners. Investments in real estate would be massively favored in Germany for decades, criticize Ifo-President Clemens Fuest, the boss of the University of Cologne, Johanna Hey, and the Mannheim Economist Christoph Spengel.

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