The Latest MTLH e-magazine: 31 Oct 08

The week ahead will be momentous for numerous reasons: The US Presidential Election will reach it’s crescendo, the Melbourne Cup will be run and the Reserve Bank will have, we suspect, reduced Australian interest rates further.
As I sit in the London sun – I kid you not – it’s worth remembering that no race is [...]

Luxury In London: Shop Like It’s Going Out Of Fashion

For those who have spare cash to burn we have found the perfect place for you – the $A4 billion Westfield Mall in West London that was opened today by new London Mayor Boris Johnson. This is anything but your average shopping arcade: not only is it the largest in London but it has managed [...]

Place Your Bets: The Interesting Interest Rate Debate

Tuesday 4 November 2008 is shaping up to be a historical day:  

The US Presidential Election will either see the first African-American President (Obama) or the first female Vice-President (Palin) together with the eldest first-term President (McCain).
The Reserve Bank of Australia will meet and, all things being equal, will almost certainly cut interest rates.

It’s Melbourne Cup [...]

British Home Repossessions Massively Increase

Figures released from the UK show repossessions of British homes jumped by a staggering 71% in the second quarter of 2008. The Financial Services Authority states that the number of homes repossessed was up to 11,054, an increase from 6,476 a year earlier as the increase in borrowing costs put greater pressure on borrowers’ ability [...]

US Housing Market Update

Here’s some quick statistics on the current state of the US housing market:

Foreclosure-related sales now account for up to 40% of all sales of existing US homes
The median sale price for a new home has fallen from $US220,400 to $US218,400
Home sales are down 33.1% in the past year

                 Simon Turner
FYI: Use the currency conversion facility

China compared to the United States – Just How Big Is It?

China has just cut interest rates by 27 basis points as they react to the global slowdown. Consumers worldwide are keeping purses in their handbags and with China’s two largest trading partners, Japan and the United States in economic decline, China is indeed feeling the effect.
There has been a lot of talk about China’s meteoric [...]

How to Survive the Sale Process – What you must know!

Times are difficult – sale volumes are down and the process of selling your home is taking longer than it has for years. Today we have heard that Australia may be heading toward a recession – the first in 18 years! The US Federal Reserve has cut official interest rates by 0.5%, the Japanese Government [...]

California To Decide Whether Freedom Is For Everyone

The Screen Actors Guild in Los Angeles has officially announced its opposition to the California ballot initiative that would ban same-sex marriage. This is an enormous step forward in what seems to be a very close call.

After weeks of being criticized for not contributing enough to defeat Proposition 8 (the proposal to outlaw Gay marriage), [...]

Where The Hot People Go To Be Cool: The Caribbean

Even in difficult global economic times, property in the Caribbean is unsurprising still sought after: the sun, the sand, and the opportunity are the pick of the Northern Hemisphere any time of year.
The change, however, are the buyer’s of Caribbean property: this time last year it was the British baby-boomers who were flocking to [...]

All Bar None: The Most Futuristic Bar So Far

This futuristic bar, designed by architect Zaha Hadid, is not just any piece of furniture and definitely goes where no bar has gone before. Finished with a metallic surface, it’s sweeping lines certainly wouldn’t look out of place on the Starship Enterprise. Or, if that’s not such a possibility right now, you could [...]