REUTERS/Henning Gloystein New Zealand has banned foreigners from buying property, a response to skyrocketing house prices across the nation. The housing crisis has been pinned in part on wealthy overseas investors looking for a place to escape a doomsday scenario. US celebrities, including former TV host Matt Lauer and Paypal co-founder Peter Thiel have already snapped up […]
Tag: Foreigners
Why the World Cup Is a Rare Chance for Stay-at-Home Russians to Meet Foreigners
The scenes from nearly a dozen Russian cities have been inspiring: International soccer fans of all stripes have descended in merriment and good cheer on a country once all but closed to foreigners. After the 2014 Winter Olympics in Sochi, this year’s World Cup is only the second event of such global magnitude to take […]
Why foreigners are keen buyers of Chinese government bonds
IN MAY 1945 John Maynard Keynes wrote a memo on the post-war economy. In it he argued that Britain should seek to be in the mainstream of global commerce. It would suit finance as well as industry to have the whole world as a playground, he wrote. “We built up the pre-war sterling area because […]
China will lift part of its ‘Great Firewall’ to give foreigners access to Facebook, YouTube, and Twitter on a tropical island dubbed ‘Hawaii of the East’
Facebook China’s Hainan island has released plans to give tourists access to Facebook, YouTube, and Twitter in parts of two cities. A partial lifting of the county’s “Great Firewall” is part of an attempt to make the southern island a free trade zone and tourist hub. It’s unclear whether locals would be able to access […]
China’s security crackdown hit a university district where restaurants were ordered to only serve 10 foreigners at a time
Kevin Frayer/Getty Images Cafes and bars in Beijing’s university district have reportedly been ordered to cater to no more than 10 foreigners at a time. Staff members say the orders were given last week, shortly after China’s annual legislative meeting began in Beijing. It’s unknown what prompted the orders, but the rise of anti-Xi Jinping […]
Foreigners suspected of aiding terrorists set to be barred from entering Russia
Any foreigner suspected of aiding terrorist or extremist groups will be banned from entering Russia, according to a new bill prepared by lawmakers representing parliamentary majority party United Russia. Read more The draft amends the existing Russian law on entering and exiting the country that lists five reasons that could lead to an entry ban […]
China is offering long-term visas to select foreigners to boost its economy
Kevin Frayer/Getty Images China has rolled out two new long-term visa schemes to encourage foreigners to live in the country in a bid to strengthen its economic development. The country has typically been strict about its immigration policies, but sees new opportunity through visa programs as a top-down way to make China more attractive to […]
Arkansas' Manufacturing Revival Fueled by Foreigners
The signs are all faded, the parking lot empty in the middle of a Monday, except for the weeds that seem to have their own permanent parking space. The old Sanyo TV factory that closed a decade ago is the most obvious manifestation of manufacturing’s decline here in Forrest City, where unemployment and poverty far […]
Libyan Comic Con raided by armed militants for ‘attack on Islam and fascination with foreigners’
Published time: 5 Nov, 2017 01:10 A comic convention was deemed blasphemous in the Libyan capital, Tripoli, where an Islamist paramilitary group shut down a gathering of superhero fans for “inciting violence,” detaining and reportedly beating some 20 participants. The second Libyan Comic Con opened in Tripoli on Thursday, bringing together local comic book lovers […]
Foreigners in Russian military approved for counterterrorism ops abroad
Published time: 9 Oct, 2017 10:41 President Vladimir Putin has signed a decree allowing foreign citizens in the Russian armed forces to be sent on counterterrorism and peacekeeping operations abroad. Read more According to the decree published on the Russian government’s website on Monday, “the servicemen who hold citizenship of foreign states can perform their […]