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22:31 22-03-2018
Jewish Museum holds design competition for a monument to death camps’ heroes
21:29 22-03-2018
Offices is historic Danilovskaya Manufactory in Moscow are put up for sale
20:47 22-03-2018
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20:02 22-03-2018
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19:35 22-03-2018
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18:51 22-03-2018
Russians increasingly invest in resort real estate
18:07 22-03-2018
Cheese factory operating on French-Italian technologies to open near Moscow
17:44 22-03-2018
A full-cycle BMW plant to be built in Russian city of Kaliningrad
18:09 21-03-2018
Gazprom built more than half of offshore part of Turkish Stream pipeline
17:47 21-03-2018
Honka to build a cottage village near Istra Reservoir in Russia
17:06 21-03-2018
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16:35 21-03-2018
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15:57 21-03-2018
Unique E-sports Arena to open in center of Moscow
20:32 20-03-2018
Russian Becar Group to build $30m commercial apartment complex in Dubai
19:38 20-03-2018
Gazprom and Italians talk about southern gas route
18:54 20-03-2018
Chinese may be expelled from Lipetsk SEZ in Russia
18:22 20-03-2018
Japanese Okura comes up with a concept for Hyatt hotel in Russia
17:52 20-03-2018
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23:27 19-03-2018
American Panda Express sets up a new fast food chain in Russia
22:34 19-03-2018
NATO is moving to a new “cutting-edge” building
21:15 19-03-2018
Russian entrepreneur opens Uzbek restaurant in London
20:37 19-03-2018
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20:18 19-03-2018
200 social facilities worth $956m to be built in Russian Far East
19:50 19-03-2018
Russian government approves soft loans for purchase of wooden houses
19:35 19-03-2018
Chinese investment in foreign real estate reached its high in 2017
19:13 19-03-2018
French Engie revealed its spendings on Nord Stream 2
18:54 19-03-2018
Saudi company and RDIF buy into a tram project in St. Petersburg
18:01 19-03-2018
British developer Hammerson refuses to deal with its French competitor
23:52 16-03-2018
Siemens supplies turbines to Gazprom for building TPS in Chechnya
23:09 16-03-2018
Why almost 100 Winn-Dixie stores are to be closed in USA
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«    March 2018    »

Household welfare in USA hit record high of $93 trillion

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Household welfare in USA hit record high of $93 trillion

In the fourth quarter of 2016, net assets value of households and nonprofit organizations in the United States increased to a record $92 trillion 805,4 billion due to a rise in price of real estate and an increase in the stock price.

The index increased by 2.3%, or by $2,04 trillion, compared with the previous three months, according to data from the Federal Reserve System (FRS).

Welfare growth in the last quarter was driven by the rising value of shares – by $728 billion. In the period between October and December, the U.S. stock market has gained about 8%, since the victory of Donald Trump in the presidential election allowed the companies to count on the tax cuts and new investments in infrastructure.

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