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☆ A 26-year-old developer whose firm owns 40 acres of land in Richmond explains why he's betting on the capital of Virginia — and why he would personally invest in real estate there
▼ + stars: | 2023-05-19 | by ( Kathleen Elkins | ) www.businessinsider.com time to read: +6 min

Meanwhile, "the DC market was considerably faster-moving, especially the condominium market." So I developed single-family homes on those myself and it turned out pretty successful." Thakker bought land in Richmond in 2020 and developed three, single-family homes, including the one pictured, on the lot. Across their three major projects in Richmond, Dorado has acquired 40 acres of land, which is equivalent to over 40 football fields. The interior of one of the single-family homes Thakker built and sold in Richmond.

☆ Myanmar junta says 145 died in cyclone, NGOs fear higher toll
▼ + stars: | 2023-05-19 | by ( ) www.reuters.com time to read: +2 min

[1/3] A view of the damage caused by Cyclone Mocha in Sittwe, Myanmar in this handout image released May 17, 2023. Partners Relief and Development/Handout via REUTERSMay 19 (Reuters) - Myanmar's military-controlled media said on Friday 145 people were killed when Cyclone Mocha hit the country this week, in stark contrast to reports from rights groups and residents who fear hundreds may have died. The junta said in a statement that as of May 18 a total of 145 people had been found dead, including 91 in camps for internally displaced people. Rakhine has a large population of Rohingya Muslims - around 600,000, a persecuted minority that successive governments in predominantly Buddhist Myanmar have refused to recognise. Reporting by Reuters Staff; writing by Kanupriya Kapoor; editing by Mark HeinrichOur Standards: The Thomson Reuters Trust Principles.

☆ Mexican volcano near capital spews more ash, forcing school closures
▼ + stars: | 2023-05-18 | by ( ) www.reuters.com time to read: +2 min

A series of relatively small but powerful eruptions from the snowcapped Popocatepetl volcano prompted Puebla state officials to suspend both public and private school classes at all levels across 22 towns due to falling ash, according to officials. Images shared on social media in the picturesque colonial-era main plaza of the Puebla state capital showed many people wearing masks to protect themselves from ash in the air. Even though schools in the state capital remained open, officials recommended that locals avoid outdoor activities. Mexico's disaster prevention center Cenapred maintained its alert level for the volcano at yellow on Thursday, which indicates moderate risk. Popocatepetl is Mexico's second tallest volcano at 5,550 meters (18,209 ft) above sea level, and on clear days is a fixture of the Mexican capital's distant southern skyline.

☆ Aid groups seek green light from Myanmar junta to access cyclone-hit state
▼ + stars: | 2023-05-17 | by ( ) www.reuters.com time to read: +3 min

[1/2] A view of the damage caused by Cyclone Mocha in Sittwe, Myanmar in this handout image released May 17, 2023. The U.N. Development Programme, the U.N. Children's Fund (UNICEF) and U.N. refugee agency UNHCR also said their requests were pending approval. "It is important for humanitarian actors to ascertain damage, needs and provide immediate lifesaving assistance, not least as the monsoon season nears," UNHCR spokesperson Reuben Lim Wende said. State media on Wednesday said junta leader Min Aung Hlaing had visited affected areas in Bagan, another region, and separately met with a UNHCR representative to discuss relief efforts. About 5.4 million people were expected to have been in the storm's path, the majority of whom were considered vulnerable.

☆ Cyclone Mocha tears into Myanmar
▼ + stars: | 2023-05-16 | by ( ) www.reuters.com time to read: +3 min

Cyclone Mocha barrels into Myanmar The powerful storm unleashes its fury, disrupting communications in the regionAround midday on Sunday, Cyclone Mocha pummelled western Myanmar and southern Bangladesh. Map shows the path of Cyclone Mocha. It originated in the Bay of Bengal three days before it hit the coast of Myanmar on May 14. Satellite images show Sittwe before and after landfall of Cyclone Mocha, in Myanmar. Myanmar’s coast bore the brunt of the storm surge from Mocha, according to data from the EU’s Joint Research Centre.

☆ North Carolina lawmakers to vote on overriding veto of 12-week abortion ban
▼ + stars: | 2023-05-16 | by ( Julia Harte | ) www.reuters.com time to read: +2 min

The legislature in early May passed the measure, which would cut the window for most abortions in the state back from 20 weeks. "If just one Republican keeps that promise made to the people, then we can stop this ban," Cooper said. The bill whizzed through the legislature with a party-line vote in fewer than 48 hours, passing the Senate 29-20 and the House 71-46. That would make it more difficult for women from out-of-state to obtain an abortion in North Carolina. Near-total abortion bans have taken effect in 14 states since the U.S. Supreme Court revoked federal abortion rights in June 2022, according to the Guttmacher Institute, an abortion rights advocacy research group.

☆ Tractor trailer crash in Mexico kills 13
▼ + stars: | 2023-05-14 | by ( ) www.reuters.com time to read: 1 min

[1/2] Members of the State Guard gather at the site of a crash, in the Victoria-Zaragoza highway, Tamaulipas, Mexico, May 14, 2023 in this still image from video obtained from social media. Entorno... Read moreMEXICO CITY, May 14 (Reuters) - A tractor trailer and a van crashed on a highway in the northern Mexican state of Tamaulipas on Sunday morning, killing 13 people, local authorities said. The two vehicles crashed about half an hour outside of the state capital Ciudad Victoria and then caught on fire, the Tamaulipas' public security ministry said. Once authorities arrived at the site of the crash, they found the truck carrying the trailer was no longer at the scene. Reporting by Kylie Madry Editing by Chris ReeseOur Standards: The Thomson Reuters Trust Principles.

☆ Tractor trailer crash in Mexico kills 26
▼ + stars: | 2023-05-14 | by ( ) www.reuters.com time to read: +1 min

[1/2] Members of the State Guard gather at the site of a crash, in the Victoria-Zaragoza highway, Tamaulipas, Mexico, May 14, 2023 in this still image from video obtained from social media. Entorno... Read moreMEXICO CITY, May 14 (Reuters) - A tractor trailer and a van crashed on a highway in the northern Mexican state of Tamaulipas on Sunday morning, killing 26 people, local authorities said. Once authorities arrived at the site of the crash, they found the truck carrying the trailer was no longer at the scene. A source at the Tamaulipas prosecutors' office said investigators were unsure whether the driver of the truck had fled or if he was also killed in the crash. The victims are all thought to be Mexicans as national IDs have been recovered from the scene, the source said.

☆ North Carolina governor vetoes 12-week abortion ban, override likely
▼ + stars: | 2023-05-13 | by ( Julia Harte | ) www.reuters.com time to read: +3 min

At a rally in Raleigh, the state capital, Cooper signed paperwork to veto the bill as a crowd chanted "veto." "This bill has nothing to do with making women safer and everything to do with banning abortion," Cooper said, calling on Republicans to reconsider their stance. Tami Fitzgerald, executive director of the anti-abortion group North Carolina Values Coalition, criticized Cooper for vetoing the bill and for holding his rally the day before Mother's Day. That would make it more difficult for out-of-state abortion seekers to obtain the service in North Carolina. Near-total abortion bans have taken effect in 14 states since the U.S. Supreme Court revoked federal abortion rights in June 2022, according to the Guttmacher Institute, an abortion rights advocacy research group.

☆ Why has India's Manipur state exploded in ethnic violence?
▼ + stars: | 2023-05-08 | by ( Rhea Mogul | ) edition.cnn.com time to read: +9 min

People are evacuated by the Indian army to a temporary shelter as they flee ethnic violence that has hit the northeastern Indian state of Manipur, near Imphal on May 7, 2023. Manipur, a lush, hilly state which borders Myanmar, has long history of civil conflict since modern India’s creation. The divide between the Meiteis and the other ethnic groups is cut sharply across political and geographic lines. People wait at a temporary shelter in a military camp, after being evacuated by the Indian army, as they flee ethnic violence that has hit the northeastern Indian state of Manipur on May 7, 2023. Modi, who is in the southern Indian state of Karnataka to campaign for state elections, is yet to speak publicly about the unrest, sparking widespread anger among Manipur’s residents.

☆ Australian Rules-Tasmania savours victory in 'hard fight' to secure AFL team
▼ + stars: | 2023-05-03 | by ( Ian Ransom | ) www.reuters.com time to read: +4 min

The state government signed off on commitments to secure the AFL's 19th team license and has targeted the 2028 season to launch in the Australian Rules top flight. "This has been a hard fight ... by many, many Tasmanians over a number of generations," state Premier Jeremy Rockliff said in the state capital Hobart. The AFL targeted richer eastern states and continues to spend a fortune propping up expansion teams in territory long owned by rugby league. AFL clubs relying on league distributions balked at the prospect of another drain on the league's coffers. ($1 = 1.5006 Australian dollars)Reporting by Ian Ransom in Melbourne; Editing by Peter RutherfordOur Standards: The Thomson Reuters Trust Principles.

☆ Mexico bus plunges off cliff, at least 18 die
▼ + stars: | 2023-05-01 | by ( ) www.reuters.com time to read: +1 min

[1/4] Emergency personnel work on the site where a bus carrying tourists traveling to Guayabitos overturned, in Compostela, Nayarit state, Mexico in this handout image obtained from social media April 30, 2023. Secretaria de Seguridad y Proteccion Ciudadana de Nayarit/Handout via REUTERSMEXICO CITY, April 30 (Reuters) - At least 18 people were killed and 33 injured when a bus fell off a cliff in western Mexico, local authorities said Sunday. "From the first moment, we have worked in a coordinated manner with the various federal and state authorities to provide immediate attention to victims," the prosecutor's office said in a statement shared on Twitter. Authorities reported that 11 women and seven men were killed. Writing by Anna-Catherine Brigida; Reporting by Raul Cortes; Editing by Richard ChangOur Standards: The Thomson Reuters Trust Principles.

☆ Illinois dust storm causes car crashes, at least 6 fatalities along I-55 in Montgomery, Sangamon counties
▼ + stars: | 2023-05-01 | by ( Joe Sutton | ) edition.cnn.com time to read: +3 min

CNN —At least six people were killed after a dust storm caused dozens of vehicles to crash along a major highway in Central Illinois on Monday, officials said. The crashes along I-55 led to the interstate closing in Sangamon and Montgomery counties after police say dust from newly plowed fields took over the highway. Illinois State Police Maj. Ryan Starrick said there were at least six dead and more than 30 people were hospitalized with injuries ranging from minor to life-threatening. He said the interstate in southern Sangamon and northern Montgomery counties would remain closed as officials investigate and clear vehicles. The National Weather Service in Lincoln, Illinois, issued a “blowing dust warning” at 1:25 p.m. CT.“Severely limited visibilities are expected.

April 27 (Reuters) - As wildfire season approaches, U.S. officials along the West Coast are working hard to mitigate risks with prescribed burns, while a widespread educational campaign is underway to create buffers around fire-prone homes. In Washington state, Department of Natural Resources Commissioner Hillary Franz is working on reversing negative perceptions surrounding prescribed fires. The test fires were lit ahead of a full prescribed burn. "It's a frustrating emotional roller coaster," said Stenbeck, standing on top of Bogg's Pit, the DNR-owned land that has been the focus of a prescribed burn since late last year. "It's important that people make sure there is space between their vegetated fuel and their homes ... once we have a wildfire, embers move quickly.

☆ Airbnb has descended on America's small cities. Now locals must decide how to contain it.
▼ + stars: | 2023-04-24 | by ( Dan Latu | ) www.businessinsider.com time to read: +11 min

In cities both small and large, some locals are calling out short-term rentals for making housing more expensive. The same question is perplexing local governments and fueling impassioned locals to weigh in: What should we do about Airbnb-style, short-term rentals? Jacob Boomsma/Getty ImagesFor Bozeman Tenants United, it's simple math: Bozeman homes should be occupied by Bozeman residents first, before out-of-towners. Formed in 2020, Bozeman Tenants United surveyed Bozeman residents on the most pressing issues in local housing and landed on short-term rentals. Fire Thunder said the increase of short-term rentals and vacation-owned properties is just one harbinger of a concerning trend.

☆ Hybrid solar eclipse draws thousands to remote Australian town
▼ + stars: | 2023-04-20 | by ( ) www.reuters.com time to read: +1 min

SYDNEY, April 20 (Reuters) - A rare hybrid solar eclipse over a remote town on Australia's west coast drew thousands on Thursday to witness the event. Astronomy fans and enthusiasts from around the world travelled to Exmouth, a tiny beachside town roughly 1,200 kilometers from state capital Perth, to witness the total solar eclipse. Thursday's eclipse was a rare "hybrid" type, not seen worldwide since 2013. In a hybrid eclipse, depending on where viewers stand, the moon either blots out the sun, a total eclipse, or obscures the center while leaving a ring of light visible, an annular eclipse. While the total eclipse was only visible from a few parts of Australia, Indonesia and Timor Leste, a partial eclipse was visible across all three countries and parts of southeast Asia.

☆ These are the 10 fastest-growing millionaire hotspots worldwide — and three are in the U.S.
▼ + stars: | 2023-04-19 | by ( Sophie Kiderlin | In | ) www.cnbc.com time to read: +2 min

Hangzhou in China is one of the cities where wealth has grown the fastest in the past decade, a new report says. Hangzhou in China comes out on top of the list assessing the fastest-growing millionaire hotspots. Two further Chinese cities, Shenzhen and Guangzhou are also in the top 10, coming in third and seventh place respectively. Andrew Amoils, head of research at wealth intelligence firm New World Wealth, which worked on the report with Henley & Partners, links the jumps to various factors. "The US's dominance over the global tech sector has probably played a role in European cities struggling.

SYDNEY, April 16 (Reuters) - Fifty climate change activists were charged with unlawful protest near Australia's biggest coal export port on Sunday after protesters climbed on a coal train. Climate activist group Rising Tide, which claimed responsibility for the protest, said arrests were made when people were "occupying the train". "Twenty of the group scaled the train and used shovels to unload coal from the laden wagons," it said in a statement. Climate change is a divisive issue in Australia, the world's top exporter of coal. The protest group posted an image on Twitter showing protesters in front and on top of a coal train.

☆ The Middle East is the 'nexus' of energy and real estate capital markets, says venture capital firm
▼ + stars: | 2023-04-14 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailThe Middle East is the 'nexus' of energy and real estate capital markets, says venture capital firmBrendan Wallace, co-founder and managing director at Fifth Wall, says the Middle East is the "natural place" to think about when it comes to the "imperative" to decarbonize the real estate industry.

☆ Japan proposes industrial hub in Bangladesh with supply chains to India
▼ + stars: | 2023-04-11 | by ( Manoj Kumar | ) www.reuters.com time to read: +2 min

NEW DELHI, April 11 Reuters) - Japan has proposed developing an industrial hub in Bangladesh with supply chains to the landlocked northeastern states of India, and to Nepal and Bhutan beyond by developing a port and transport in the region, officials said on Tuesday. It comes after Japanese Prime Minister Fumio Kishida's visit to India last month in which he touted the idea of a new industrial hub for the Bay of Bengal and northeast India that could bolster development in the impoverished region of 300 million people. "It can be a win-win plan for India and Bangladesh," Hiroshi Suzuki, Japan's ambassador to India, said on Tuesday, citing the industrial hub proposal at a meeting of Indian, Bangladeshi and Japanese officials in Agartala, the Tripura state capital. He said the deep seaport was likely to become operational by 2027 and would be a key to building an industrial hub connecting the Bangladeshui capital Dhaka to landlocked areas of India. Prime Minister Sheikh Hasina will visit Japan from April 25-28 at Kishida's invitation, a government statement said.

☆ Texas governor seeks pardon of man convicted of murder in Black Lives Matter shooting
▼ + stars: | 2023-04-09 | by ( Rich Mckay | ) www.reuters.com time to read: +2 min

April 8 (Reuters) - Texas Governor Greg Abbott said on Saturday he is seeking the pardon of an Uber driver convicted of murder just a day earlier in the July 2020 shooting death of a man at a Black Lives Matter protest in downtown Austin, the state capital. Perry was driving in the city the night of the shooting and turned his Uber vehicle onto a street where a Black Lives Matter crowd was marching, according to media. Protesters told police that they feared they were being assaulted with the vehicle, according to media accounts. Perry was convicted of murder after the jury deliberated for 17 hours in the eight-day trial, according to media accounts. Perry faces life in prison and is due to be sentenced by State District Court Judge Clifford Brown on Tuesday, according to online court records for the 147th District Court in Travis County, Texas.

☆ TikTok’s Next Big Ban Showdown Is in Montana
▼ + stars: | 2023-04-06 | by ( Stu Woo | Georgia Wells | ) www.wsj.com time to read: 1 min

TikTok’s campaign for survival in the U.S. runs through Montana. After state lawmakers last month advanced a bill to ban the popular video app for Montanans, TikTok quickly responded. Its chief operating officer called it a violation of Montanans’ free-speech rights. It hired lobbyists in Helena, the state capital. And it recruited local TikTok creators to star in newspaper and radio ads.

☆ Apple is finally opening its first retail store in India
▼ + stars: | 2023-04-06 | by ( Michelle Toh | ) edition.cnn.com time to read: +4 min

Hong Kong CNN —Apple is finally getting ready to open its first physical store in the country as it bets on India as a market and manufacturing base. Its previous plan to open a store in the country in 2021 was derailed by the coronavirus pandemic. Apple is preparing to open its first physical store in India, in the commercial and financial hub of Mumbai. The launch would come more than 20 years since the California-based giant first entered the Indian market through third-party resellers. In 2020, the company launched an online store in India, allowing customers to buy its products and also, for the first time, customize certain devices.

☆ Saudi money is flowing to US media and entertainment, from Live Nation to LIV Golf, 5 years after Jamal Khashoggi's murder: 'The ice has thawed'
▼ + stars: | 2023-04-03 | by ( Claire Atkinson | Lucia Moses | ) www.businessinsider.com time to read: +20 min

Sovereign funds and other entities in Saudi Arabia, Qatar, and the UAE are pouring millions into US media and entertainment. Insider identified some key people connecting Middle East investors with American companies. Saudi Arabia is trying to pitch itself to the world as a cultural and economic reformer and spur tourism. Vince McMahon's WWE has a long-term partnership with the Kingdom of Saudi Arabia, with a major live WWE event there slated for May. Vince McMahon's WWE was one of the first US companies to create unique events in Saudi Arabia.

☆ See How Your Region Stacks Up Against the Best Labor Markets in the U.S.
▼ + stars: | 2023-04-01 | by ( Eric Morath | Tom Corrigan | ) www.wsj.com time to read: 1 min

Nashville, Tenn., was the best labor market last year among regions with at least a million people. Music City, U.S.A., and America’s recreational-vehicle capital are the country’s hottest job markets, according to The Wall Street Journal’s annual rankings of nearly 400 metro areas. The Nashville, Tenn., metro area—an entertainment hub and state capital that is home to Vanderbilt University—ranked as the best labor market in 2022, among regions with at least one million people. Nashville has benefited from Americans’ desire to move to cities in the South and the resurgence in tourism in recent years.

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