Grim outlook for British economy in 1984
The National Institute of Economic and Social Research forecasts higher inflation, rising unemployment, and only 1 percent growth with weak domestic demand in Britain. A separate government report shows a 525 million dollar trade deficit in July after a 243 million surplus in June, with exports remaining the main growth driver as imports rise slowly.
MENTIONED IN THIS ARTICLE
Great Britain
Britain
Institute
Independent Organization
Economic Review
United Kingdom
North Sea
Ford leads European auto market as US firms surge ahead
Ford Motor Co tops half-year sales in Europe with 726000 vehicles, edging Renault for first place and expanding to 12.6 percent market share amid 11 percent growth. GM European operations rise 24 percent to 9.9 percent share. Opel and Ford Werke report strong profits and forecast higher earnings. Analysts cite stronger products, marketing, and cost cuts as drivers.
MENTIONED IN THIS ARTICLE
Europe
Ford Motor Co
General Motors
Ford of
Regie Nationale Des Usines
Renault
Ford
General Motors Corp
Ferdinand Beichler
Opel
Ford Werke
John Lawson
Economic Models
London
Real estate partnerships attract savers with $2,000 to invest
Investment firms push real estate limited partnerships drawing in savers with as little as $2000 to invest and up to $5,000. Public deals topped $2 billion in the first half of the year, with Merrill Lynch Hubbard Inc. raising $250 million. Private deals exceed these figures but remain unregistered with the SEC and aimed at the well to do.
MENTIONED IN THIS ARTICLE
Merrill Lynch
Hubbard Inc
Securities and Exchange Commission
Understanding a Real Estate Limited Partnership
Real estate limited partnerships offer tax advantages for real estate pros in high brackets. Net worth levels and income type affect benefits. depreciation can offset rental income. Risks include illiquidity, substantial GP fees, profit sharing, and potential tax recapture. Audits on tax returns are more common for these programs.
MENTIONED IN THIS ARTICLE
IAS
Dollar value surges ahead amid firmer U.S. rates
The dollar strengthens on hints of higher U.S. rates, with Eurodollar and Tokyo gains lifting the currency while gold holds near Friday levels. Holiday closures in Hong Kong and London mute activity as markets digest U.S. money supply data and Fed signals.
MENTIONED IN THIS ARTICLE
U.S
Hong Kong
London
U.S. Federal Reserve
Fed
Judge allows Forbes to list Kenneth W. Davis among 400 wealthiest
U S District Judge David O Belew Jr in Fort Worth Texas denied an injunction that would bar Forbes magazine from naming millionaire Kenneth W Davis on its second annual list of the 400 wealthiest individuals. Davis declined to comment on the ruling.
MENTIONED IN THIS ARTICLE
Forbes Magazine
Kenneth W. Davis
America
U.S
David O. Belew Jr
Fort Worth
Texas
Davis
Also Mentioned on This Page
Gazel
Amat
California
Hollywood
Consumer Price Index
Beleiy
Boeing Company
Federal Express
UPI Telephoto
Hancock International
Syracuse
Boeing
United Business Service
SEC
William Brennan
Kenneth
Mason
State Tower
Eldorado
Cadillac
Twilight Sentinel
Cohn
Genesee Ara
Understanding A Real Estate Limited Partnership
Vale
Zurich
Magazine
Associated Brass
Alex S. Joseph Alsoc, Inc
Presidential Life Insurance Company
Nyack
N.Y
New York State
Best’s
Alex S. Joseph Associates, Inc
South
Salina Street
New York
Sales
Auburn
Shearson American Express Financial
Shearsan
Shearson
American Express
American Express Inc
Genesee Building
Genesee Street
Qna Pie
Richard Paulino
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