The site of a real estate building under construction in Huai ‘an city, Jiangsu province, China, December 26, 2023. CFOTO | Future Publishing | Getty Images China is facing the prospect of a long-drawn correction in its property sector, with the overhang in the housing inventory likely to take more than 10 years to clear,…
Shipping giant Maersk on Wednesday notched a second consecutive session of strong gains as investors assessed a ratings upgrade and its decision to prolong a halt on Red Sea travel due to safety concerns. The Danish firm topped Europe’s Stoxx 600 gainers, with its Copenhagen-listed shares provisionally closing up 5.1% following Tuesday’s 6.4% rise. Shares…
CNN — Although Nigeria has vast energy reserves, more than 92 million people in the country live without access to electricity, according to the International Energy Agency. Those who are connected to the electricity grid have to contend with frequent power cuts, which cost the country $28 billion a year – almost 2% of its…
Editor’s Note: Monthly Ticket is a CNN Travel series that spotlights some of the most fascinating topics in the travel world. In September, we’re celebrating superlatives as we look at some of the world’s biggest, tallest and most expensive attractions and destinations. CNN — Having lived in Beijing for almost 12 years, I’ve had plenty…
CNN — The battle to decide who will run crisis-wracked Argentina is heading to a run off vote next month between left wing candidate Sergio Massa and far right libertarian Javier Milei, according to data released by Argentina’s National Electoral Chamber after the first round of voting on Sunday. After polls closed Massa received the…
CNN — Carried by a wave of shouting supporters and wielding a chainsaw at the open sky, the man of the hour approached center stage. He looked around and angrily screamed “Chainsaw! Chainsaw!” – a war cry quickly picked up by his supporters calling for carnage. All around him, shouts, chants, and traffic horns blasting…
CNN — Here’s a look at the life of the former King of Spain. Birth date: January 5, 1938 Birth place: Rome, Italy Birth name: Juan Carlos Alfonso Victor Maria de Borbon y Borbon Father: Don Juan de Borbon y Battenburg, Count of Barcelona, third son of King Alfonso XIII of Spain Mother: Dona Maria…
Reuters — Rivers in the heart of the Amazon rainforest in Brazil fell to their lowest levels in over a century on Monday as a record drought upends the lives of hundreds of thousands of people and damages the jungle ecosystem. The port of Manaus, the region’s most populous city, at the meeting of the…
United Nations CNN — Asked last week if she will run to become the United Nations’ next Secretary General, Prime Minister Mia Mottley of Barbados gave a thumbs up, smiled, and walked away. Unofficially, however, UN insiders say she’s a likely front-runner. The 2026 selection process is still far off, but talk of who is…
CNN — Center-right candidate Daniel Noboa, the 35-year-old son of a banana tycoon, will become Ecuador’s next president, following an election driven by concerns over rising violence and a worsening security situation in the Latin American nation. More than 10 million people have voted in the presidential election, and data from the National Electoral Council…
