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ROGOFF: Well, presidents never like it when the Federal Reserve raises interest rates. They like things interest rates to stay low on the idea that people will borrow more, people will consume more, buy more houses. And it also drives up stock prices, which might lead people to spend more.

Angkor Wat is located in northwestern Cambodia and dedicated to the Hindu god Vishnu, one of the supreme gods of Hinduism. The temple complex displays the art and architecture of the fabulous Khmer Empire, which ruled much of Southeast Asia from the ninth through the thirteenth century. In the late thirteenth century, the use of the temple complex changed from Hinduism to Theravada Buddhism, a dedication that continues to the present day.

While no Australian companies were using the factories located in Rana Plaza, they are increasingly using Bangladesh to source their cheap fashion. Companies like Kmart, Cotton On, Target and Rivers. An Oxfam Australia survey released today found that Australians would be prepared to pay more for their clothes, if they knew overseas workers were paid a decent wage, and garment factories had safe working conditions.

Federal, provincial and municipal leaders met to discuss Toronto housing situation on Tuesday, but concrete measures to cool the booming market will likely have to wait until the Ontario budget is delivered later this month.Federal Finance Minister Bill Morneau, his provincial counterpart Charles Sousa and Toronto Mayor John Tory said they will work on sharing more data and to ensure compliance with existing tax rules as part of their effort to dampen the Greater Toronto Area market, which saw March home prices jump 33 per cent from a year ago.The trio also agreed to make it easier for new affordable housing projects to be streamlined through the planning process and said they would begin meeting quarterly to discuss the overheated market.Home prices in ‘drum tight’ Toronto surge by most on record amid rising bubble fearsFive reasons Canadians should not fear a housing market correction and might even cheer itBut any firm action will likely have to wait until the next provincial budget from Sousa on April, 27.know one of our most critical responsibilities is to ensure a healthy, competitive and stable housing market, said Morneau.spoke today about the importance for all of us at all levels of government to collaborate to ensure we consider the issue of housing and we consider how we can work together to create and ensure affordable housing but also to protect the investment of Torotonians and people in Ontario. The short term, the trio agreed the last thing the region needs is anything to fuel demand in the marketplace.Although minor, Ontario did make it easier for first time buyers to purchase a home by doubling the maximum land transfer tax refund to $4,000 in January.we have agreed to refrain from introducing new measures for buyers which would impact housing price in the GTA by boosting demand, said Morneau. Know that having a meeting and displaying our collective goals of ensuring that the market stays stable is going to have an impact on speculative behaviour.

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