China is facing a challenging economic situation that is deeply impacting business and consumer sentiment. The question of whether home prices will continue to drop or start to rise is a key factor influencing economic activity in the country. Analysts like Richard Koo are warning that China may be heading towards a “balance sheet recession,”
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In a recent development, a Tennessee judge has ruled in favor of Ja Morant, stating that he acted in self-defense during an altercation that took place at his home. The incident occurred in July 2022 and involved Morant punching a teenager, Joshua Holloway. The ruling was made after a civil immunity hearing in December 2023,
Secretary Lloyd Austin recently stated that the U.S. has not found any evidence of genocide being committed by Israel during its military operations against Hamas in Gaza. This assertion was made during a Senate Armed Services Committee hearing, where questions were raised regarding the ongoing conflict in the region. Despite the high number of casualties
General Motors’ Cruise self-driving vehicle unit has announced its plans to redeploy cars on U.S. roadways, marking a significant milestone in the company’s journey towards redemption. This relaunch comes after a period of hiatus following a tragic accident in which a pedestrian was injured. The objective of the new fleet will be to create maps
Senator Bob Menendez recently raised concerns about the exploitation of the litigation finance industry by foreign actors during a Senate Banking Committee hearing. He specifically pointed to a Bloomberg Law report that highlighted Russian billionaires with ties to President Vladimir Putin funding bankruptcy lawsuits in New York despite being sanctioned after the invasion of Ukraine.
William Wragg, the once esteemed MP for Hazel Grove, Greater Manchester, has found himself at the center of a scandal that has rocked the political landscape. His involvement in a honeytrap sexting scam, where he shared personal numbers of his colleagues, has led to his decision to give up the Conservative whip and sit as
George Lucas, the renowned filmmaker behind iconic movies such as Star Wars and Indiana Jones, is set to receive the Honorary Palme d’Or at the 77th Cannes Film Festival on May 25. This prestigious award is a testament to his extraordinary contributions to contemporary cinema and his innovative approach to storytelling that has captured the
Google has been making advancements with its Android operating system, with the introduction of a new feature called Private Space for Android 15. This feature was initially spotted in December 2023, where it was believed to be a tool to hide apps and files securely. However, recent reports have shed more light on the functionalities
Researchers in Belgium have conducted a clinical trial that suggests a potential new treatment for Parkinson’s disease: fecal microbiota transplants (FMTs) from healthy donors. The study found that participants who received the transplant showed a significant improvement in motoric symptoms after one year. This development is promising for the future treatment of Parkinson’s and could
Analysts are optimistic about the future of India’s market capitalization, with some predicting that it could reach $40 trillion in the next 20 years. Sujan Hajra, chief economist at Anand Rathi Share and Stock Brokers, attributes this potential growth to India’s strong economic growth and stable currency. On the other hand, Manish Chokhani, director of