A short or long period of time destruction caused in a particular area is termed as a disaster. However, it is pretty much clear that 2020 was a year full of tragedies and every month of this year contributed to one or more disasters. Let us go through some of the disasters with there respective months:-

  • January and the Devasting floods in Indonesia

On January 1, 2020, the Indonesian capital Jakarta and some neighboring areas of the capital were hit by a devasting flood that forced over 4 lakh people to flee from their home. The floods were also accompanied by heavy rains, which made the river overflow and the roads of the city submerged the people into 5 feet down in the water. People were victims of drowning, electric shocks, and landslides.

  • February and the earthquakes

On February 13, 2020, NDRRMC and the philippine institute of volcanology reported more than 2484 volcano-tectonic earthquakes in the volcano areas. And a total of 176 earthquakes can be felt. Australia was also hit by heavy rainfall that created an almost flood-like situation in some parts of the country, causing approximately 100000 people homeless.

  • March and CORONA VIRUS

It was the month of March where the students were preparing for their exams, and the world was preparing their budget reports. On March 11, 2020, World Health Organisation declared Corona Virus as a global Penademic, which created many tensions over the countries and a wave of scare run across the people of different countries. Coronavirus has created many people jobless; many of the people have lost their lives and loved ones.

  • April and coronavirus spread

On April 2, coronavirus cases surface the number of one million infected people in the world. As a result, several countries went under lockdown, and people were getting much tenser. The poor people were largely affected as the lockdown created no job for them, and it was getting impossible for them to earn their bread.

  • May and the dam collapsed.

A dam was collapsed due to excessive rains in eastern Uzbekistan, which affected almost 70000 people, the water took away hundreds of houses with its flow. Heavy rains not only affected Uzbekistan but also made the people of different countries cry. 57000 people in Kenya were displaced; thousands of people got affected in Baghlan.

  • June and the cyclone

Cyclone Nisarga injured 16 people in Mumbai and also killed six people in the state. Around 13000 hectares of the field is damaged in the Northern parts of the region. Floods in central china also left about 200000 residents displaced, and approximately 12 people died.

  • July and the floods

Full power floods affected 1.4 million people in the northeastern parts of India in the state of Assam. Around 2300 homes were damaged and destroyed by flash floods in several parts of Mongolia.

  • August and the California fire

In California, Apple fire spread over 20000 acres in countries riverside and San Bernardino; the steep and rugged terrain made it difficult for firefighters to fight the fire. Monsoon rains triggered landslides in Kerala’s Indian state, which took away the lives of around 43 people, and rescuers fear that still some of the people are buried.

 Many more disasters were the part of this list, including plane crash, forest fires at different places, and terror attacks. Who knows what is coming around in the upcoming months. May God bless everyone.

If you’re in a real estate transaction and you need some legal advice or want to file a lawsuit, it’s probably a good idea to consult with a real estate pro attorney. An advocate is someone who is trained and experienced in all facets of real estate law, and knows all of the nitty gritty of real estate transactions and negotiations. An advocate can help you with any aspect of your real-estate transaction.

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A real estate attorney who works for a contractor usually has pre-existing relationships with said contractor and they will focus on using their existing relationship with that contractor to fight for your cause. They want you have a great experience and will try to make it easier for you to help you achieve your goals. But even honest contractors can be intimidated when they are surrounded by strong-willed, determined lawyers who know everything about the real estate market. Before you hire any real estate attorney, make sure to get a written agreement detailing your goals. It is a good idea, in addition to finding out the attorney’s fees for their services, to ask about any additional charges. Before signing anything, make sure you are familiar with the fees.

A real estate attorney serves three main functions. The first is to be an attorney general. In this role the attorney general represents each state involved in the transaction. When the client engages the services of an attorney general, they are putting their legal rights and interests in the hands of a lawyer who is more likely to protect them.

The role of a real-estate broker is the second. Brokers are considered to be partners in the transaction even though they do not manage the property. They act as a broker on behalf of the seller and hire and supervise the general contractor. The sale is closed. The attorney acts as an intermediary in the transaction. If things go bad, brokers can be held responsible as an agent of the seller and the general contractor.

The final position is that of a real-estate advocate. This role involves representing clients to various sides. The advocate can still play a key role in the transaction. If a seller has applied to mortgage assistance but has not received final approval from the bank, the attorney general can argue their client’s case in front of the bank. They may win the case if they have strong evidence.

While it may seem like a thankless job, the position of real estate attorney is an honorable one. The attorney is required to demonstrate a high level of integrity, skill and knowledge of real estate laws. The attorney’s role is to provide sound legal advice for clients and to negotiate the best possible deal. In other hand, advocates like youraustralianproperty.com.au/vendor-advocacy-melbourne/ ensure that the client receives the best closing price. In many cases, he or she can prevent property foreclosure by working with reluctant lenders and banks. To learn more about the exciting field of real estate, contact a local attorney today.

US economy is going through the worse condition of the decade. The budget deficit climbed to 2.80 trillion in the last six months. This is the lowest foreign reserve in the history of the country. Treasury Department has predicted the deficit to be continued till September. The budget deficit is almost double as compared to last year’s trends. The economic department has reported the 65 billion deficits in July. However, the Trump administration is somehow managing all problems and predicting the bounce-back of the economy. 

The main reason behind the economic deficit is the effect of coronavirus pandemic on the various economic forums. In July, the deficit is lower as compared to June as the government has collected the maximum amount of tax to generate good revenue in the economy. According to some reports, the government has collected USD 565 billion in the last month. The Americans are trying their best to overcome from economic recession. 

Due to the pandemic, the US government has approved the various rescue packages worth approximately USD 3 trillion. But then also the opposition is demanding more relief packages. However, if you are still in need of a private money lender visit: https://newfundingresources.com/top-hard-money-lender-in-maryland. Last month President Trump passed the relief packages for unemployed people worth USD 400 billion. Due to the vast expenditure on relief packages, the economy is now suffering from an economic recession. The value of Dollars in the international market is going down day by day. 

Comment of President Trump on the US economy 

Last Saturday, during the press conference, the president addressed that the US’s economy is “amazingly” well and setting records in generating new jobs. He also adds that the unemployment rate is at the lowest as compared to the previous government. However, the economy experts are making a joke of the statement and addressing the president as dumb and foolish. 

The senior economic advisor of president Trump Kevin Hassett has stated in an interview that the country’s economy is coming back way faster than it is expected. He also addresses that the economy would be hit back if the second wave of the pandemic has arrived in the country. 

Position of Dollar in the international market 

On Thursday, the dollar was in defensive mode against most of the currencies. The Chinese currency yuan jumps high against the dollar. Several experts have predicted that in the coming years yuan may overtake the dollar in the international market and establish itself as the central foreign currency exchange. If anything, diamond’s value appreciates over time. Hence why they are very good investments. Like this 3.5 carat princess cut diamond ring for example.

To tackle the problem, the government has approved the excessive flow of dollars in the international market to balance demand and supply. On the other side, the euro is also getting high growth as compared to USD. This is a real matter of concern. 

However, several economic experts have predicted that the US’s economy is evergreen and will contain its value back in the international market. To revive the economy, it is necessary to discover the vaccine of coronavirus in the upcoming months.