China Property Recovery Is Short-Lived as Industry Contracts
China’s property industry contracted again in the second quarter after a short-lived expansion in the previous three months,
2023-07-18 12:15
African Central Banks to Keep Interest Rates Tighter for Longer
African central banks due to decide on interest rates in the next three weeks are set to keep
2023-07-18 11:59
Europe heatwave – live: Holidaymakers evacuated in Greece wildfires as extreme heat set to last until August
Holidaymakers have been evacuated from at least six seaside communities in Greece as their homes are threatened by wildfires amid the extreme heat hitting Europe that will likely last until August. Gusts of wind up to 45 mph are pushing flames through hillside scrub and pine forests parched by extreme heat near Athens, leading authorities to issue the evacuation orders on Monday. Meanwhile, the World Meteorological Organization warned that the heatwave affecting the Mediterranean is forecast to intensify by mid-week, including in Greece, and is likely to continue into August in some places. New records have already been set for specific weather stations in parts of the northern hemisphere and new national records may also be set, the UN agency's website said. Another anticyclone dubbed “Charon”, who in Greek mythology was the ferryman of the dead, advanced into the region from north Africa on Sunday and could lift temperatures well above 45C in parts of Italy, Spain and Greece. The hottest temperature recorded in Europe was 48.8C in Sicily, in August 2021. It comes as extreme temperatures are breaking records worldwide as both the US and China saw the mercury crossing 50C on Sunday. Read More ‘It’s terrifying’: Spain braces for worst of heatwave Mapped: Temperatures set to soar in Italy, Spain and Greece due to Charon heatwave Which holiday destinations will be hottest this week and how can you stay safe as temperatures soar? Why is there no UK heatwave as Europe swelters during Charon?
2023-07-18 11:52
China Developer Bonds on Cusp of Distress After Wanda Surprise
A gauge of Chinese high-yield dollar debt fell to the cusp of distress after one of the most
2023-07-18 11:17
Australia’s Victoria State Cancels Hosting of 2026 Commonwealth Games
The Australian state of Victoria has pulled out of hosting the 2026 Commonwealth Games after cost estimates blew
2023-07-18 09:47
Portland murders - live: Person of interest identified in ‘serial killings’ of four women
A string of murders in the Portland, Oregon metro area that police previously said were unrelated have now been linked as authorities identified a person of interest. Deputies in nine different police departments released a joint statement on Monday saying the deaths of four women who were found either near or on the sides of roads between February and May are somehow connected. The women have been identified as Kristin Smith, 22, Charity Lynn Perry, 24, Bridget Leann (Ramsay) Webster, 31, and Ashely Real, 22. Police haven’t identified the person of interest linking the deaths yet or filed any charges. Local media sites have identified the alleged person at the center of the investigation, but this information is unconfirmed. Read More Deaths of four women in Portland linked to person of interest, authorities say
2023-07-18 09:20
Trump news live: Trump loses bid to drop Georgia case, as ex-intel officials say his re-election would hurt US
Donald Trump has lost a bid to have the Georgia election interference case thrown out after the state’s supreme court ruled against him. The ex-president is accused of trying to bully state officials to change the results in the wake of his 2020 defeat, telling them to “find” him enough votes to win the state. A decision on charges is expected next month. A former Trump White House official has written a new book which quotes a senior former intelligence official warning that a second Trump term poses such a danger that it could mean the country barely exists in its current form by the time of America’s tricentennial in 2076. Meanwhile, the ex-president is considering his Republican 2024 rivals as potential running mates should he win the GOP nomination. The former president told Fox News on Sunday that his running mate could “possibly” be among those in the 2024 field. He said Vivek Ramaswamy had “done a very good job” and Senator Tim Scott is a “very good guy” but stopped short of saying who he might pick. Read More Donald Trump brands US a ‘third-world hellhole’ run by ‘perverts’ and ‘thugs’ Ron DeSantis campaign fires staff as Florida governor trails Trump in the polls Fundraising takeaways: Trump and DeSantis in their own tier as Pence and other Republicans struggle RFK Jr revives antisemitic conspiracy theory that Covid-19 was ‘ethnically targeted’ to spare Jewish people
2023-07-18 09:16
Georgia Supreme Court tosses Trump attempt to challenge 2020 election investigation over vote call
Georgia’s Supreme Court on Monday dismissed an attempt from Donald Trump to shut down key parts of a probe from state officials investigating him for potential interference in the 2020 election. The high court found in a unanimous ruling that the former president hadn’t shown the kind of “extraordinary circumstances” that would require the Georgia Supreme Court to intervene in the case and toss out key portions of evidence. “(Trump) has not shown that this case presents one of those extremely rare circumstances in which this Court’s original jurisdiction should be invoked, and therefore, the petition is dismissed,” the ruling states. The judges also were not persuaded by Mr Trump’s arguments that Fulton County District Attorney Fani Willis should be removed from the case. On 11 July, a new set of grand jurors were sworn in for the long-running investigation who could potentially be the ones to approve an indictment against the former president. Since February 2021, officials in Fulton County have been investigating the conduct of Mr Trump and his allies in the state during the hotly contested 2020 election, where Joe Biden narrowly carried the state. The investigation has focused on an infamous 2 January, 2021, call Mr Trump placed to Georgia Secretary of State Brad Raffensperger, urging the top official to “find” enough votes for him to overturn his defeat in the state, but has expanded to cover a wide-ranging influence campaign Mr Trump and his allies exerted in Georgia. Another key area of focus is a December 2020 plot, allegedly directed by Trump campaign officials and potentially the former president himself, to organize a slate of unauthorised Republican electors to cast the state’s Electoral College votes, rather than the Democratic slate Georgia voters had selected. The group of false electors included the chair of the Georgia GOP and Republican members of the state legislature. They’ve defended their efforts as a back-up in case the original election results were tossed out in court. Mr Trump has denied wrongdoing. Ms Willis has suggested a decision on charges against Mr Trump could come as soon as August. Charges in Georgia would join the other unprecedented sanctions against the former president, including felony charges in New York for a hush money scheme involving a porn star and federal charges against Mr Trump for his alleged mishandling of classified documents. Read More Trump news – live: Manchin run could help Trump as ex-president eyes two of his GOP 2024 rivals for VP Citing Trump case, Pentagon leak suspect Teixeira urges judge to release him while he awaits trial Senior ex-intelligence official warns second Trump term could fatally destabilise US, new book says Georgia's top court rejects Trump attempt to thwart prosecutor in 2020 election investigation 9th Circuit denies bid by environmentalists and tribes to block Nevada lithium mine Trump praises judge overseeing classified documents case: ‘She loves our country’
2023-07-18 08:57
DeSantis Group Attacks Trump Directly for the First Time in Iowa Ad
A super PAC supporting Florida Governor Ron DeSantis is going on the offensive against Donald Trump, launching a
2023-07-18 08:19
Microsoft-Activision Deal Poised to Close Later Than Planned
Microsoft Corp. and Activision Blizzard Inc. are nearing the finish line on their $69 billion deal, but aren’t
2023-07-18 07:25
An $880 Billion Fund Is Shorting Japan’s Key Bonds In BOJ Bet
Brendan Murphy is shorting 10-year Japanese government bond futures on a wager that it’s only a matter of
2023-07-18 07:24
France, Brazil and Colombia Seek to Break Venezuela Deadlock
The presidents of France, Colombia, Brazil and Argentina met with Venezuelan government and opposition negotiators on Monday, in
2023-07-18 07:20