January 27, 2014

No Free Parking in Latvia

L. Todd Wood, Moscow Times

The Associated Press

With Russian capital now flowing into the country, there is a very real risk of a new real estate bubble forming. Investors are incentivized to place capital in the country in the form of cash deposits or real estate. Housing prices in the Baltic republic have already started to rebound after the economic crisis, which also saw the real estate market shrink considerably.

Read Full Article ››

TAGGED: Europe, Russia, Latvia

RECOMMENDED ARTICLES

January 16, 2014
Elections Don't Matter, Institutions Do
Robert Kaplan, Stratfor
Institutions, or the lack of them, explain much that has happened in the world in recent decades. Following the collapse of the Berlin Wall, Central Europe went on to build functioning democracies and economies. With all of their... more ››
January 27, 2014
Kiev's Deadly Russian Bear Hug
The Australian
With his back to the wall, the Ukraine President is now seeking to coax leaders of the uprising to join his government. But the public remains outraged over the decision to junk the crucial EU deal, as well as the imposition of a... more ››
January 26, 2014
The Color Revolutions Are Dead
Anne Applebaum, Washington Post
it’s time to abandon the myth of the “color revolutions”: the belief that peaceful demonstrators, aided by a bit of Western media training, will eventually rise up and nonviolently overthrow the corrupt oligarchies that... more ››
January 14, 2014
Human Rights Buried Under $51 Billion Games
Mark Cunningham, GMF
In less than 30 days, the world will turn its attention to the 22nd Winter Olympic Games in the Russian city of Sochi, which is already touted as being the most expensive in Olympic history. Although the preeminent international... more ››
January 27, 2014
Putin's Olympic Shame
Michael Weiss, The Daily Beast
In a blockbuster report released today, Russian opposition leader Alexei Navalny details the waste, fraud, and mismanagement behind the most expensive Olympics ever. more ››