All by Michael Smith

House building slows in Australia

The construction of new houses in Australia is beginning to slowdown, as more focus is being applied to the construction of high-rise development.  There does continue to be good interest from overseas investors as prices continue to grow in the countries major cities....

Volvo first to break cover

In a surprise move, Volvo has announced all new models will utilise an electric motor from 2019.  This would be the first traditional major manufacturer to announce the switch, with Tesla standing as the only other manufacturer outlining sustainable electric cars for the mass market....

Qatar has just 48 hours

It seemed all but over for Qatar, as a deadline created to force through 13 demands issued by neighbouring Arab states ended on Sunday.  Saudi Arabia, Egypt, the United Arab Emirates and Bahrain have imposed crippling sanctions on Qatar following accusations of funding terrorism and creating instability in the region.  There seems to....

The city running out of water

Las Vegas, America’s city of sin is a popular tourist destination, but its long-term future could be in real doubt.  Over the last decade, its population has grown by 400,000 to four million residents, pilling pressure on local infrastructure.

Mayor of London overrules local councils

With demand for property in the capital becoming increasingly competitive, the need for new housing is at an all-time high.  Despite this demand, local authorities have had to restrict some developments, as residents continue voice concerns over any new project to cross the planning departments desk.

Brazil’s unshakeable recession sets new record

Having hosted one of the worlds most coveted events, there had been hopes Brazil would finally begin to see some return on the $4.6 billion investment.  The state had argued the Olympics could stand as a catalyst for economic development, that it could attracted the kind of financial influence that the country needed to progress, that it would give the Brazilian people the facilities and infrastructure many will utilise for generations to come.

Chile battles severe forest fire

Chile has been battling some of the most intense forest fires seen in a decade.  The area and terrain the fire has engulfed has proven difficult to control, with special firefighting equipment and aircraft drafted in to slow the speed of the blaze.

Apple see growth in last quarter of 2016

Having experienced a decline in some of its product lines, Apple seem to have turned a corner with net sales of $78.4bn for the last three months of 2016.  The result indicates a 3% increase on last year’s figures, and represents their strongest ever quarter.

Gold prices continue to climb

Many analysts expected the pound to dip in value, as Britain continued to struggle with an outline plan for Brexit.  Surprisingly, it seems the pound has taken another jump with UK prime minister Theresa May finally outlining some detail for Britons future.