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Home sales drop 21.7% in May
... 13% in the more expensive markets of Ontario and British Columbia. Canada has been identified as one of the more vulnerable housing markets in the world. Capital Economics believes that prices in Canada, New Zealand, Australia, Sweden, the U.K. and Norway will fall between 5% and 20%. It sees the U.S. prices just flatlining, for comparison. The effects of falling home prices may not be felt until next year, but economic growth will be affected by falling home prices. Capital expects to see a drop ...
Updated: 06/19/2022
Hybrid Air Vehicles receives first commercial order
... is a good news for everyone. Tom Grundy , chief executive officer of Hybrid Air Vehicles , said: Our partnership with Air Nostrum Group , the launch airline for Airlander 10 , leads the way towards that future. As countries like France, Denmark, Norway, Spain and the UK start to put in place ambitious mandates for the decarbonisation of domestic and short haul flight, Hybrid Air Vehicles and Air Nostrum Group are showing how we can get there and get there soon.
Updated: 06/18/2022
Russian gas flows to Europe via Nord Stream 1 pipeline
... and accounts for around 40% of Russian pipeline flows to the European Union . Since June 15, France hasn't received Russian gas from Germany. Germany's power industry association, BDEW, said lower volumes could be replaced by other sources, such as Norway and the Netherlands. The EU 's reliance on Russian gas and the possibility that Moscow could cut it off in retaliation to economic sanctions imposed after its invasion of Ukraine has been a major headache for the bloc, prompting it to increase ...
Updated: 06/17/2022
Norway tops list of countries with EV readiness
Norway has emerged as the leader in the adoption of electric vehicle EVs in the world, according to the Global Electric Mobility Mobility Readiness Index GEMRIX 2022. Norway has emerged as the leader in the adoption of electric vehicle EVs in the world,...
Updated: 06/17/2022
UN to vote on keeping Syria’s last aid route open
... Thirty-two NGO leaders have called for the UN to keep the crossing for another 12 months, but the chances of success are slim. The UN resolution and Russian commitment do not require a veto to block the measure. Foreign ministers from Ireland and Norway have visited the crossing in a sign of the importance of the issue, as has the US ambassador to the UN , Linda Thomas-Greenfield . The Bab al-Hawa route allowed humanitarian aid to reach more than 2.4 million people a month in the north-west ...
Updated: 06/17/2022
Canada’s housing market is underway, but what the rapid correction is here
... to 13% in the more expensive markets of Ontario and British Columbia. Canada is one of the more vulnerable housing markets in the world. Capital Economics sees prices falling between 5% and 20% in Canada, New Zealand, Australia, Sweden, the U.K. and Norway, but there is a risk of steeper drops. It thinks the U.S. prices are just flatlining. The effects of falling home prices may not be felt until the next year, though economic growth will be hampered by falling home prices. Capital expects to lose ...
Updated: 06/16/2022
Audi files lawsuit against Chinese EV maker Nio
... comment. Nio , a premium brand that has so far made most of its sales in China, has entered the Norwegian market in May last year and plans to launch in Germany, the Netherlands, Sweden and Denmark by the end of the year. The company started selling in Norway with the ES 8 model but plans to launch with the ET 7 electric sedan in Germany.
Updated: 06/16/2022
Hybrid Air Vehicles launch in UK
... of commercial aviation. As the launch Airline for Airlander 10 , our partnership with Air Nostrum Group leads the way to that future, according to Tom Grundy , chief executive officer of Hybrid Air Vehicles . As countries like France, Denmark, Norway, Spain and the UK start to put in place ambitious mandates for the decarbonisation of domestic and short haul flights, Hybrid Air Vehicles and Air Nostrum Group are showing how we can get there and get there soon.
Updated: 06/15/2022
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