Private equity funds poured billions of dollars into the housing market since the COVID era began, buying up tens of thousands of single-family homes in a trend we documented in articles such as “Rents Soar as Investors Buy Properties and Raise Rates” (14 Sep 2021) and “Homes Sales Up as Money Gang Gobbles Up Houses” (23 Nov 2021).
The number of new U.S. homes sold in October was 7.5 percent greater than in September, the U.S. commerce department reported, reversing an 11-percent slide the month before.
European and U.S. stock markets have bounced back from their late September lows, with the Standard & Poor’s 500 index reclaiming about 13 percent.
Angela Merkel, the former German chancellor, said in an extensive interview that the Russian invasion of Ukraine did not surprise her because the Minsk agreements had been “eroded.”
Ukrainians have celebrated the recent retreat of Russian forces from Kherson. And last week we noted that Ukraine President Volodymyr Zelensky declared that the victory marked the “beginning of the end of the war” with Russia.
Despite “Ukraine’s energy system on the verge of collapse” as noted by The Washington Post, and with nearly 20 percent of the nation’s people fleeing the nation and with Russia controlling some 20 percent of Ukraine territory since they invaded on 24 February, German Chancellor Olaf Scholz declared last week that President Vladimir Putin can “no longer win on the battlefield, that much seems clear."
As winter sets in and with energy prices soaring, Europe is claiming that the U.S. is benefiting economically from the Ukraine War. And as America’s profits increase, so too are the strains between Washington and Brussels.
Just call him ‘Teflon’ Zelensky.
A sitcom clown who played the role as president of Ukraine and played the piano with his penis who was elected president in what the European Union classifies as the most corrupt country in Europe—Zelensky is championed by Washington and the mainstream media as a hero.
A city in West-Central Ukraine decided to change the name of a street from Leo Tolstoy, the great Russian author, to Stepan Bandera, the Ukrainian nationalist leader with links to the Nazis during WWII.
Northvolt, Europe’s premier maker of batteries for electric vehicles (EVs), is looking to expand its presence in the U.S., lured by at least $369 million in financial incentives offered through the Inflation Reduction Act (IRA) to build a factory here, compared to Germany’s offer of about €155 million, the Financial Times reported.