A I R S h a r e

A Workforce Globalization Blog

Housing Markets on the Rise in Berlin, Busan, and Madrid

Feb 24, 2020 @ 07:45 AM / by Patrick Benedetti

0 Comments

Berlin rents increased over the past year. Demand is growing from new start-up companies and larger international companies establishing headquarters in Berlin. Construction of new rental units is underway but expected to take a few more years before appearing on the market.

Read More

Venezuela’s Hyperinflation & Dollarization

Feb 17, 2020 @ 01:53 AM / by Alex Davis

0 Comments

For years, Venezuela’s currency (currently the VES, was VEF) was the only currency legal to use within the country. However, with hyperinflation and a rapidly depreciating currency, using the VES was often difficult. Although not technically legal, transactions would often still occur using U.S. dollars, as it is a stable currency.

Read More

Santa Cruz, Bolivia: An expanding city with contracting prices

Dec 10, 2019 @ 11:22 AM / by Andrew Morollo

0 Comments

Santa Cruz is considered one of the world’s fastest growing cities due to the ongoing migration of Bolivians from the rural regions to the country’s economic powerhouse. During my recent survey, I learned much about this developing city.

Read More

Housing Markets on the Rise in Argentina, Canada, and Guyana

Nov 13, 2019 @ 03:00 AM / by Patrick Benedetti

0 Comments

Rents increased in Neuquen due to higher demand and low vacancy rates. Real estate agents have clients on waiting lists for apartments, and rentals are not listed for long before being rented. Construction projects are underway for new apartment buildings, which should help increase the number of 2-3-bedroom apartments. However, with growing expatriate demand, rents may increase over the next 6-12 months.

Read More

Have these housing markets hit bottom?

Oct 30, 2019 @ 07:00 AM / by Andrew Morollo

0 Comments

Construction of new apartments and houses over the last four years has created a large rental supply in Santa Cruz. Lower demand for these rentals has resulted in dropping rents. Vacancy rates are high at all but the most popular apartment buildings. Construction continues, with more 2-3-bedroom apartments planned to enter the rental market in the next 6-18 months. However, sources believe rents have likely reached their lowest point.

Read More

How is political change impacting Argentina's economy?

Oct 24, 2019 @ 06:22 AM / by Alex Davis

0 Comments

On August 11th, Argentina held primary elections ahead of the general election scheduled for October 27th. Center-left candidate Alberto Fernandez and running mate former President Cristina Fernandez de Kirchner defeated center-right President Mauricio Macri. This result created uncertainty about the future of Argentina’s economic policy. Many investors pulled their money out of Argentina, and ratings agencies such as Fitch and Standard & Poor’s downgraded their credit rating. The peso experienced rapid and significant devaluation against the dollar, losing roughly 20% of its value in a matter of days. In an effort to stabilize the peso, Macri re-instituted currency controls that had been eliminated in 2015.

Read More

Currency and Payment in Zimbabwe

Oct 10, 2019 @ 02:00 AM / by Meleah Paull

0 Comments

During the August survey of Harare, our visit found the Zimbabwean economy in a state of transition. This June, after a decade of using a mix of approaches but primarily relying on the U.S. dollar for transactions, the Reserve Bank of Zimbabwe announced that a new Zimbabwean dollar (ZWL), also known as the Zimdollar, was the only acceptable form of payment.

Read More

Economic liberalization in Myanmar: Impact on Goods and Services

Aug 04, 2019 @ 07:15 PM / by Meleah Paull

0 Comments

Economic liberalization in Myanmar over the past decade has brought significant change to the availability of goods and services in Yangon. While expatriates once shopped on home leave or R&R trips, now Mango or Nike are available at the nearest mall.

Read More

Part 5 of 5: Economic Volatility: Best Practices for Managing Your Mobility Program Over Time

Aug 01, 2019 @ 12:01 AM / by Gerald Abbey

0 Comments

Control program costs while meeting assignee needs via well-designed policies that address economic changes over time. Access the recording to learn how to:

Read More

The Economic Impact of Swine Fever in Vietnam and China

Jul 26, 2019 @ 03:42 PM / by Alex Davis

0 Comments

There has been a widespread outbreak of African Swine Fever (ASF) in Asia. ASF is a virus that causes hemorrhagic fever in pigs, with a mortality rate approaching 100%. The disease kills pigs rapidly, typically in two to ten days, but is harmless to humans.

Read More