At time of writing the United States owed $19.3 trillion in public debt. It owed another $5.9 trillion in debt held by its own agencies. Together, these figures come to a national debt of $25.2 trillion. With substantially more coronavirus spending almost certainly still to come, 2020 will be one of the most expensiv [...]
Tenants of commercial premises have until the 23rd of May 2020 to request a moratorium on rent for businesses. This was approved by Royal Decree-Law 15/2020 to support the economy and employment of Spain during the State of Alarm. This Royal Decree-Law 15/2020 was quite a complicated one cov "> [...]Fuente: ebanker // 10 Enero 2020
How Is the US Going to Pay for All This Stimulus Spending?
At time of writing the United States owed $19.3 trillion in public debt. It owed another $5.9 trillion in debt held by its own agencies. Together, these figures come to a national debt of $25.2 trillion. With substantially more coronavirus spending almost certainly still to come, 2020 will be one of the most expensive years in U.S. history. As a percentage of gross domestic product (GDP), the coronavirus response has already pushed government spending to its highest levels since World War II ( [...]Fuente: Eric Reed // 21st May 2020
Moratorium on Rent for Businesses
Tenants of commercial premises have until the 23rd of May 2020 to request a moratorium on rent for businesses. This was approved by Royal Decree-Law 15/2020 to support the economy and employment of Spain during the State of Alarm. This Royal Decree-Law 15/2020 was quite a complicated one covering measures of all kinds. Including a moratorium of rent for businesses. A moratorium being a temporary postponement. This depends on the type of owner of the pr [...]Fuente: Spanish Solutions // 7th May 2020
Guide to Investing During the Coronavirus Crisis
It’s hard to recall a time when market volatility has been as intense as it has been during the coronavirus pandemic. Between March 1 and March 31, 2020, federal, state and local governments imposed shutdown orders aimed at halting the spread of the virus, in the process shutting down nearly a third of the U.S. economy. That shutdown battered the stock market: In late February the Dow Jones Industrial Average was soaring above 29,000, but by late March it was struggling to stay above 18,000. T [...]Fuente: Eric Reed // 24th April 2020
Reasons For Looking to a new Will
There are many reasons for looking at a Will, whether to write a new one, or to review one. Not only in these very difficult times with covid-19 in mind but generally. Family Reasons Some family reasons for writing a Will could be the birth of a child or of grandchildren or nephews and nieces. Alternatively an adoption in the family. Or on the contrary, sadly a death in a family. Or illness or fear of illness. Not only of yourself, but a beneficiary, executor [...]Fuente: Spanish Solutions // 21st April 2020
Gifting a Property in Spain to Children. Is it a Good Idea?
Gifting a property in Spain to Children is a very good idea in the Valencia region right now. In the past two years we have been very busy with donations in this region. Gifting a Property – Tax Free Allowances Each child (children of the property owners but adults) gets a 100,000€ tax free allowance at the present time in the Valencia region. This generally means that a property can be passed onto the next generation with little or usually no inheritance tax. It is [...]Fuente: Spanish Solutions // 9th April 2020
Companies Helping Coronavirus-Impacted People
IN Response to the coronavirus, companies across the country are pursuing coronavirus relief efforts to help people and businesses most impacted by pandemic. Tech companies are donating millions to help small businesses, healthcare workers and COVID-19 patients. Meanwhile, companies outside the healthcare sector are producing hand sanitizer, masks and other products to curb the spread of the virus. Many are also establishing programs to help those who can’t come to work. In addition to benefitti [...]Fuente: Javier Simon, CEPF® // 4th April 2020
Update on Spanish Mortgages & COVID-19
My perspective on Spanish mortgages and Covid-19- Author : Simon Staples from Mortgage Direct - There is no doubt that these times are very worrying for millions of people around the world, but as I write this update today it is really uplifting to know having spoken to numerous potential buyers over the past 2 weeks that the spare downtime that some have available is being used positively and constructively with regards to re-evaluating (and re-enforcing) their plans, lifestyles [...]Fuente: Simon Staples Mortgage Direct // 2nd April 2020
How to Navigate the Recession – 2020 Edition
Navigating a recession requires an intelligent, fleet-footed strategy to safeguard your money and protect your financial future amid the downturn and uncertainty. Truth be told, no one, including the experts, knows how the economic slowdown amid the coronavirus pandemic is going to play out. That’s largely because we’ve never before had a global pandemic wreak havoc quite like this: conventions, vacations, sports seasons cancelled; restaurants, bars, major retailers closed; certain cities, cou [...]Fuente: Caroline Hwang, CEP // 31st March 2020
Which insurance policies cover coronavirus?
A ‘pandemic clause’ could see people excluded from cover coronavirus ? As covid-19 spreads rapidly across the globe and every country takes measures to contain it, what help can consumers expect from their insurers? Travel policies, for instance, have very specific wording for pandemics – which means that once a virus or illness is deemed a ‘pandemic’ by the World Health Organisation (WHO), people will not be covered in case of infection while travelling. While most insurers have w [...]Fuente: Crstian Angeloni // 3oth March 2020