Keywords: Crisis
Spain amended its housing law two years ago to curb soaring property prices and rents. The reform aimed to regulate rent prices through a rent control index, increase taxes on landlords with vacant properties, and incentivize below-market rental rates. Since then, rental prices have risen by 24 percent......
The 1956 Suez Crisis stands as a historic example of how great powers can miscalculate and damage their global standing. Britain’s failed invasion of Egypt, carried out with France and Israel, was made worse by the mistaken belief that the United States would offer support. Instead, the U.S. used......
The death of a 10-year-old rape victim in Bihar has ignited a wave of outrage across India, highlighting the persistent issues within the nation’s healthcare system and the social injustices faced by marginalized communities. The girl tragically succumbed to her injuries at Patna Medical College......
Since The Local Spain reported the Spanish government’s intention to impose a 100 percent tax on property purchases by non-EU non-residents, questions have arisen regarding the specifics of this tax. This draft bill, introduced by the Socialist government of Pedro Sánchez, aims to address......
Israel has firmly rejected a request from foreign ministers of five Arab nations to visit Palestinian President Mahmoud Abbas in Ramallah, located in the occupied West Bank. This denial reflects Israel's ongoing control over all access to the territory, including its borders and airspace. An Israeli......
Morocco’s university system is in crisis. As the number of graduates rises each year, so does the number of unemployed among them. The paradox is hard to miss: the more degrees our universities award, the more disconnected they seem from the country’s real needs. Should we really be surprised,......
Rental contracts signed in Spain during 2020 are set for renewal this year, raising concerns over substantial price hikes for hundreds of thousands of tenants. The phenomenon, dubbed the ‘great rent hike’ by the Spanish press, reflects the tumultuous shifts in the rental market over recent......
The Bank of Spain recently issued a cautionary note, indicating that signs of a property bubble may be emerging in the country. As house prices soar to historic levels, the question arises: is Spain witnessing a real estate bubble, and if so, could it burst within the next year? A property bubble is......
Following Spain's announcement of a proposed 100 percent tax on property purchases by non-EU non-residents, legal and real estate experts are raising significant concerns regarding its viability and legality. The initiative, spearheaded by the Socialist-led government, aims to curb foreign speculation......
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