All articles for the topic: property tax

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China's economic growth slows to 6.9%

China's economy grew 6.9% in the third quarter, the weakest rate since the global financial crisis.
The year-on-year growth rate is also below the government's 7% target.
Though slightly above expectations, the data is expected to raise pressure on policymakers to step up monetary policy to stem the slowdown.
China's economy has been hit by extreme stock market volatility over the summer and weak economic data, causing concern on markets around the world.
Most analysts were expecting growth figures of 6.8% for the July to September period.

E.C.B. Stimulus Calls for 60 Billion Euros in Monthly Bond-Buying

FRANKFURT — The European Central Bank said on Thursday that it would begin buying hundreds of billions of euros worth of government bonds in an aggressive — though some say belated — attempt to prevent the eurozone from becoming trapped in long-term economic stagnation.

China Is at a Critical Tipping Point

Asia Pacific
Nouriel Roubini: China Is at a Critical Tipping Point
China's growth model is not sustainable but many of the
necessary reforms are on hold. "President Xi first wants to
consolidate his power, before tackling them," says economist
Nouriel Roubini. Watch our exclusive video interview to find out
more.
China's growth has been slowing down. Why do you think this slowdown will continue?
Nouriel Roubini: Even the Chinese authorities realize that their growth model, which contains

EU must focus on getting better results from its spending

In its annual report on the EU budget published today, the European Court of Auditors (ECA) warns that the budget system is too focused on just getting funds spent and needs to place more emphasis on achieving results. As independent auditor, the ECA signed off the 2013 accounts of the European Union, but stresses that the management of EU spending is not yet good enough overall - either at EU level or in the Member States.

 

UN scheme to boost Syrian children’s education given $316m donation

More than $316m (£193m) was pledged on Wednesday to support Syrian children affected by the conflict as part of a UN-led initiative to alleviate the impact of the crisis on young people.

The EU pledged $145m, the US $90m and the UK $81.6m to the No Lost Generation initiative, which was launched last year by a consortium of UN agencies, NGOs and international donors.

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