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English Market News

The website of the international rating agency Moody's recently posted a message about the downgrade of the UK's sovereign credit rating from the highest level of AAA to AA1.

The agency called the reason for this decline a decrease in the prospects for economic growth. It was also noted that in the medium term there will be a decline in GDP growth in the UK, with the clarification that this situation will continue "in the second half of this decade."

As observers note, this step has sensitively hit the reputation of the UK government and, specifically, George Osborne, who holds the post of finance Minister. This statement about the downgrade was announced in advance, just a month before the budget address of the head of the Ministry of Finance in Parliament, scheduled for March 21.

The sharp cuts in budget expenditures carried out by the British government were carried out under the slogan of maintaining the highest credit rating, however, the agency's decision nullified these attempts, meaning that the goal of the policy was not crowned with success.

The criticism of spending cuts is extremely radical, expressed by the Labour opposition, and it is directed, in particular, towards Prime Minister David Cameron. The oppositionists predicted that a sharp reduction in budget expenditures could lead to a slowdown in economic growth, which would lead to the senselessness of these savings.

 

Over the past few years, there has been a rapid increase in real estate prices in the Israeli real estate market, which is why the markets began to gradually fade - the number of sales decreased every month.

Israel as an excellent real estate market for foreigners has been open for more than six years. Due to the rise in real estate prices in 2020, many, especially Russians - due to the abolition of the visa regime, are eager to invest in Israel's growing housing.

The Real Estate Valuation Department of the Israeli Ministry of Justice provided the public with such information. In major cities: Jerusalem, Tel Aviv and others, the cost of housing continues to rise.

Good news for those who intend to buy an apartment in Jerusalem or find a good ground for investment! The Jerusalem Mayor's Office has approved the construction of more than five hundred new properties in the city.

The incessant rise in housing prices in Israel in large cities leads to the fact that fewer and fewer people have the opportunity to purchase it. Therefore, the popularity of the real estate market of large Israeli cities is gradually falling. Especially after the coronavirus. People have no money left at all. 

Alupka is a small, but very attractive seaside town for foreign tourists. Being very close to other resort centers - Yalta, Simeiz, this city has found something to stand out, and therefore there are always many people who want to buy a house in Alupka.

How to buy a house in Yalta.  Real estate prices in Crimea remain stable, and the purchasing power of citizens is falling - in light of this, it is a sin not to take advantage of the opportunity and not buy a house in Yalta - one of the most popular Crimean resort cities.

It would seem a stupid question - what can you have fun in such a popular, fashionable and developed resort as Alanya? But many tourists who come here do not know half of the entire entertainment potential of the city, so it is worth briefly describing it.

Surely everyone who has only recently been able to buy a house in Mahmutlar, there was a need to purchase a large number of things. The residents of the town have a great opportunity to help each other, sell unnecessary things and buy necessary things from neighbors! Booking a table for sales cost only 5 lire.

Turkish Alanya can rightfully claim to be the "sunniest" resort: the number of sunny days here is rarely less than three hundred. The climate in Alanya is warm, there is no sea hardness, cold winds.

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