Foreign Property News | Posted by Shwe Zin Win
A lottery winner from Kentucky who was arrested days after winning a $167 million Powerball jackpot is requesting to serve out his sentence. Last month, James Farthing entered a not guilty plea to charges of battery against a law enforcement officer. Court documents say he also requested a jury trial and waived his presence at any pretrial conferences or status hearings. However, this week, the Kentucky Parole Board says Farthing waived his right to a probable cause hearing and the final revocation hearing. He has requested to serve out his sentence, although it’s unclear what that sentence is. According to police, Farthing was arrested in Florida on April 30 after being accused...
Foreign Property News | Posted by Hnin Ei Khin
Robin Hood is a compelling English legend. We love a man of principle, hiding out and harassing an unscrupulous enemy, a self-sacrificing hero, standing up for what’s right. Major Hugh Seagrim was just such a figure in World War II, except that his battleground was not Sherwood Forest, but the tropical jungles of Burma. (Major Hugh Seagrim (aged 27 at a wedding before the war) headed a private army of local hill people in Burma that for two years resisted the ruthless Japanese occupiers of their country) There, this outstanding soldier and exceptional human being — whose little-known story has surfaced in a new book, Lost Warriors. The local Karen tribes he...
Foreign Property News | Posted by Zarni Kyaw
A mysterious American tech billionaire may have purchased one of the United Kingdom’s most expensive homes for almost half its original $314 million asking price, according to the Times of London. The still-stratospheric sum: $172.83 million. The seller is the family of a Saudi prince, former defense minister Khalid bin Sultan al-Saud, who bought the property for around $42 million in the late 1980s before losing it to creditors. This transaction, despite the deep discount, marks the second-most expensive residential deal ever recorded in UK history, according to the Times. Also known as London’s “White House,” the 40-bedroom palace inside Regent’s Park sits...
Foreign Property News | Posted by Si Thu Aung
We all know that British people love a tipple more than most, but now, we’ve proof that the pub is influencing our decision to buy a new home. Londoners are particularly enthralled by the quality of boozers available, as a new study has found that 41% of those living in the Big Smoke reported that the local pub impacted their decision to buy their current home. It’s not just the capital either, as Northern Ireland came in at 34%, while the North West was 29%, the West Midlands 25%, and the North East 25%. Ever been to view a flat and deliberated about making an offer with your prospective flatmates at the pub afterwards? (A pint outside a pub is a crucial part of London in...
Foreign Property News | Posted by Aye Myat Thu
Peloton was one of the hottest commodities on the market during the pandemic. But as the dangers of COVID-19 subsided, so too did the stock of the fitness equipment company, and its former billionaire CEO John Foley says his wealth got wiped out in the process. “You know, at one point I had a lot of money on paper,” Foley, who cofounded Peloton in 2012 and was at its helm for a decade, told the New York Post. “Not actually [in the bank], unfortunately. I’ve lost all my money. I’ve had to sell almost everything in my life.” When demand for at-home workouts surged during the early days of COVID-19, Peloton sales soared by 250%, stock rose by more than...
Foreign Property News | Posted by Zarni Kyaw
A Los Angeles home that was reduced to rubble in the January Palisades fire has become one of the hottest properties on the market, drawing more than 60 offers and entering escrow for well over $1 million — despite being listed for just $999,000. The once four-bedroom wood-and-stucco house in Pacific Palisades was worth an estimated $2.7 million before flames tore through the area. Now, it’s little more than a scorched lot with two standing chimneys. But that didn’t stop a flood of investors eager to cash in on a rebuild. (Once valued at $2.7 million, it is now in escrow for over $1 million, highlighting the demand for fire-ravaged properties despite ongoing...
Foreign Property News | Posted by Si Thu Aung
Police said Wednesday that they had arrested a man who reportedly admitted to breaking into more than 1,000 homes in an unconventional way of relieving stress. Police took the 37-year-old into custody on Monday on suspicion of trespassing on a property in Dazaifu, Fukuoka Prefecture, a police spokesman said. Yuta Sugawara has a bizarre hobby of trespassing on other people’s properties in the city of Daizafu. However, when he finally got caught trespassing on a couple’s property two weeks ago, police were shocked. After questioning the man, he revealed that he had, in fact, trespassed on strangers’ properties over 1,000 times for personal enjoyment!He said that "the...
Foreign Property News | Posted by Aye Myat Thu
The Ghana Drunkards Association has issued a three-week ultimatum to the government, demanding a reduction in the prices of alcoholic beverages following the recent appreciation of the cedi. In a viral video posted on X (Formerly Twitter) on Sunday, the association’s president, Moses Drybones, decried the continued rise in alcohol prices despite the cedi gaining strength against major foreign currencies. “To date, the prices of alcoholic drinks keep going up. If you purchase alcohol, there is an increment of about 15%, and this affects vendors,” he said. The group expressed frustration that, although the cedi had strengthened and prices of some goods had dropped,...
Foreign Property News | Posted by Zarni Kyaw
A young German citizen has told how his life has been destroyed after a London criminal used his ID to rack up a string of convictions that now appear on the German database against his name. The phantom record has left the 24-year-old in despair, effectively blacklisted and unable to get a job for the past four years in his native Bonn, stymying a budding career and the start of his adult life. Rami Battikh has written to the Metropolitan police in London begging them to treat the matter with urgency telling them he feels trapped and powerless after years of futile effort to get the the record deleted. (Rami Battikh told his potential employers he had proof he was in...
Foreign Property News | Posted by Si Thu Aung
Chinese youth have increasingly turned to purchasing annual memberships at Disneyland as a unique way to engage in their studies while embracing the concept of “doing the most painful thing at the happiest place in the world.” This trend emerged last March, sparked by several young individuals who shared their experiences of studying at the Shanghai and Hong Kong Disneyland parks. A university student from Hong Kong expressed to Haibao News that she chose the theme park as her study location because the uplifting music resonating throughout the park offered her solace amid the pressures of her academic workload. She invested in the premier Platinum annual pass, priced at...