Tag Archives: refuse

Chinese Homebuyers Across 22 Cities Refuse to Pay Mortgages

Chinese Homebuyers Across 22 Cities Refuse to Pay Mortgages

(Bloomberg) — Across China, homebuyers are refusing to pay mortgages as property developers drag on construction projects, escalating the country’s real estate crisis and risks of bad debt for banks. Most Read from Bloomberg Buyers of 35 projects across 22 cities have decided to stop paying mortgages as of July 12 due to project delays and a drop in real estate prices, Citigroup Inc. analysts led by Griffin Chan wrote in a research report distributed on Wednesday. The payment refusals… Source link

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Finnish energy companies refuse to supply ‘Russia’s Google’ – EURACTIV.com

Finnish energy companies refuse to supply ‘Russia’s Google’ – EURACTIV.com

Finnish electricity companies are refusing to sign electricity contracts with Russian search engine Yandex, which has a data centre near Helsinki, due to suspicions it may be distributing war propaganda. The data centre, which has been operational since 2015, is located in the town of Mäntsälä, some 50 kilometres north of Helsinki. It is the only one located in the west, as the others are situated in Russia.  Since 2015, its waste heat contributed to around 75% of the… Source link

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