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US farmland prices fall $10 an acre in first drop since 2009

  Bloomberg US farmland values in 2016 dropped for just the second time in almost three decades after grain and soybean prices extended a slump, eroding grower profit and capping a decade-long boom when land costs jumped 65%. Farmland values in the lower 48 states, including land used for crops and for livestock, declined $10 to $3,010 an acre, the ...

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UK house prices slide by most in five months

  Bloomberg U.K. house-prices fell by the most in five months after Britain’s decision to quit the European Union, although it’s still too early to tell how much Brexit has damped the market, Halifax said. Prices dropped 1 percent in July, the biggest slide since February, reversing a 1.2 percent gain in June, the mortgage lender said in a statement ...

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Moscow’s $2 billion makeover leaves some residents cold

  Bloomberg An ambitious project to make central Moscow more pedestrian friendly has drawn mixed reactions from the city’s residents: some love the upgrade, others worry the soul is being ripped out of historic neighbourhoods. Bulldozers and drills are humming away around the centre as more than 50 roads are being torn up, a quarter of the total number chosen ...

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