The city of Wellington, New Zealand at night. Westend61 | fake pictures The New Zealand government unveiled plans for a program that aims to address greenhouse gas emissions in the construction and construction sector, and potentially protect the built environment against the impacts of climate change. Initially, the Building for …
Read More »Why India cannot withdraw from China, despite geopolitical tensions
A person holds a sign calling for a boycott of Chinese mobile apps during a protest on June 30, 2020 in New Delhi, India. Vipin Kumar | Hindustan Times | fake pictures A border clash with China in the Himalayas left 20 Indian soldiers dead and soured public sentiment, and …
Read More »Restaurant chains that received millions in PPP loans during the coronavirus crisis
A statue of a horse stands at the entrance to a PF Chang restaurant in Schaumburg, Illinois. Scott Olson | fake pictures Large restaurant chains received millions in loans from the Paycheck Protection Program, according to data released Monday by the Small Business Administration and the Treasury Department. Companies in …
Read More »Delinquencies on commercial mortgages increased at a record monthly rate in June
Pedestrians go through commercial real estate in Manhattan. Michael Nagle | Bloomberg | fake pictures Delinquencies in commercial mortgage-backed securities last month had their biggest one-month increase since Fitch Ratings began tracking the metric nearly 16 years ago. The delinquency rate reached 3.59% in June, an increase of 1.46% in …
Read More »Opening and closing can be the death sentence for restaurants
Junior’s Cheesecake owner Alan Rosen told CNBC on Monday that restaurants would be in serious financial trouble if they had to reopen and then close again due to the coronavirus pandemic. “This opening and closing could be the death sentence for restaurants in this country,” Rosen said in “Power Lunch.” …
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