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  • US Housing Affordability Crisis,War Bells in West Africa and Trump Demands 2026 Trial

US Housing Affordability Crisis,War Bells in West Africa and Trump Demands 2026 Trial

Anna's Daybreak News

Happy Friday news lovers! Navigate the vast landscape of news with us as we steer through the latest headlines, trends, and captivating stories that will keep you informed.🗞️🌄

Affordability Crisis: US Housing Unaffordable in Nearly Four Decades
  • Recent surge in US mortgage rates has pushed affordability to its lowest point in nearly four decades.

  • Home values have recovered the nearly $3 trillion they’d lost during pandemic.

  • Waiting for relief to come is a risky gamble for house hunters.

  • Get ready to take a step back in time, as it looks like we're headed to a housing market reminiscent of the '80s!
  • Source: Read More
Trumpet the Alarm: China's Real Estate Giant Evergrande Group Files for Bankruptcy!
China's own real estate giant, Evergrande Group, has taken a significant hit following the pandemic, and they have recently filed for Chapter 15 bankruptcy protection in New York.
  • Evergrande has issued a multi-billion dollar restructuring plan and hopes to protect their assets with this filing.

  • After fellow Chinese real estate behemoth, Country Garden, experienced a stock plummet, the sector is now in crisis.

  • The bankruptcy filing may not be able to stop the estimated $81 billion of net losses incurred by Evergrande in 2021 and 2022.

  • China’s wealthiest real estate developer, Hui Ka Yan, may have to downsize his $2.8 billion net worth.

  • Is this just the beginning of the fall of the Chinese house of cards?
  • Source: Read More
War Bells in West Africa: ECOWAS Is Ready to Go Into Niger if All Else Fails
  • Heads of state have ordered a standby force to be assembled in response to the July 26 coup.

  • ECOWAS Commissioner Abdel-Fatau Musah assured the attendees that "the valiant forces of West Africa are ready to answer to the call of duty."

  • Niger residents have rejected the notion of an ECOWAS intervention, alleging that the bloc is being "manipulated by foreign powers."

  • Nineteen defense chiefs from member countries of ECOWAS met on Thursday to discuss the details of a standby force and potential intervention.

  • Residents in Niamey, the capital of Niger, back coup leaders and criticise ECOWAS for potentials plans of intervention.

  • Heads of state are poised to act if diplomacy fails, ensuring that "by all means available, constitutional order will be restored in the country."
  • Source: Read More
Let the Wait Begin: Trump's Lawyers Demand Trial Date Post-2024 Election
  • Lawyers for Donald Trump have requested an April 2026 trial date for the former president, on charges related to his efforts to overturn the 2020 election loss.

  • The requested date would place the trial after the November 2024 U.S. election, in which Trump is a leading candidate for the Republican nomination.

  • The U.S. Special Counsel’s office, which is prosecuting the case against Trump, had previously asked for a January 2024 trial date.

  • Trump seems to be betting on getting elected again and going to court with full presidential immunity. Shall this gamble pay off?
  • Source : Read More

Baked with love,

Anna Eisenberg ❤️

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