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Chawla`s the next CEC
The way things are going, Navin B Chawla is likely to be the countrys next Chief Election Commissioner (CEC), when N Gopalaswami retires on April 20. The BJP had filed a petition in the Supreme Court against Chawlas appointment as an Election Commissioner, but the apex court referred this to Gopalaswami. Should the CEC recommend Chawlas removal, this will create an embarrassing situation for President Pratibha Patil who will not act on the matter without the advice of the government.
Business Standard

Negative Seasonal Pattern Stocks on Sunday the 18th of January 2009
Seasonal Patterns found for the following stocks:ProShares UltraShort Real Estate ETF (SRS) over the next 9 trading days. Look at the seasonal patterns for ProShares UltraShort Real Estate ETF in context.ProShares UltraShort Basic Materials ETF (SMN) over the next 9 trading days. Look at the seasonal patterns for ProShares UltraShort Basic Materials ETF [...]
Deep Market

Indonesian Developers Call for Easing Ownership Rules
The Indonesian Real Estate Developers Association (REI) has called for foreign property ownership rules to be relaxed. Some members are asking for a change to the rules so that foreigners can buy leasehold titles on apartments and houses for a minimum of 75 years. Others are requesting foreigners be allowed to own and purchase property in the country outright.
homesgofast.com

DIB, RERA host escrow forum
Dubai Islamic Bank in partnership with Real Estate Regulatory Agency hosted over 50 real estate developers at a recent escrow forum. The forum provided a platform for DIB's escrow account customers to communicate with RERA. As one of the largest escrow players in the market, DIB has been actively involved with consulting RERA on general issues related to the escrow regulations.
ameinfo.com

What do builder warranties cover?
For homebuyers, there's much to be wary of these days in the world of new-home warranties, says the Real Estate Adviser.
Bank Rate

What`s in Store for 2009? Gold, Metals and Other Markets
John C. Lee submits:In 2008 we saw some of the most dramatic financial events in a century: Trillions of dollars of subprime mortgage implosion, which bankrupted the entire U.S. banking system . Lehman's fallout with entangling positions in equities, futures, real estate, and derivatives in the hundreds of billions. The magnitude dwarfed LTCM. Biggest squeeze on the dollar. Despite worsening fundamentals, dollar rallied 20% in the second half of 2008 as banks refused to loan and assets are sold to pay dollar debts. Largest deleveraging process. Margin calls caused severe corrections (-50% or more) in broad equities and commodities. Unprecedented intervention with multi-trillion dollar financial bailouts and record - low interest rates of near 0% . What's in Store for 2009? We will make our calls with the aid of following charts (click to enlarge images).Complete Story »
Seeking Alpha

Loans threaten Minnesota community banks
Commercial real estate loans are going bad at increasing rates in Minnesota. Some say bank failures are possible.
Startribune.com

Real estate: Should responsibility have role in housing help?
Here's something of a hypothetical to ponder:
Arizona Daily Star

Economic View: How About a Stimulus for Financial Advice?
The government should start a major program to subsidize personal financial advice for everyone.
The New York Times

Real estate: Should responsiplity have role in housing help?
Here's something of a hypothetical to ponder:
Arizona Daily Star

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