UK landlords rent homes to ‘white tenants with British-sounding names’
James Brokenshire, Immigration Minister (1 Dec) - Landlords who let out a second home are likely only to rent to “white tenants with British-sounding names” to avoid immigration red tape, campaigners have warned. Almost two million buy-to-let property owners will be responsible for checking the immigration status of potential...
Falling oil prices could lead to massive junk bond defaults
Minneapolis Star Tribune/Zuma Press Junk bonds have financed the U.S. shale boom, and now the sharp drop in oil prices could lead to a massive wave of defaults on that high-yield debt. Should oil prices fall below $65 per barrel and stay there for the next three years, Tarek Hamid, a high-yield energy analyst at J.P. Morgan...
Taiwan: Ma to quit as KMT chief after election rout
Ma Ying-jeou (3 Dec) - Taiwan President Ma Ying-jeou will resign today as head of the ruling Kuomintang to take responsibility for the party’s historic defeat in local elections. “The Kuomintang hasn’t kept up with the people’s expectations,” Ma told a group of senior party members yesterday, according to a KMT statement....
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