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☆ The real-estate market is in for sharp correction with losses that could take a decade to recover from, strategist says
▼ + stars: | 2024-07-04 | by ( Jennifer Sor | ) www.businessinsider.com time to read: +5 min

Give it another two or three years — that's when the real-estate market gets hit the most." The fallout in the commercial real-estate sector could meanwhile be more severe. But banks, bearing huge losses in their mortgage and commercial real-estate portfolios, will be more hesitant to lend, weighing on demand and causing real-estate prices to plunge. Advertisement"It's possible we'll see a 50% [correction] in some spots, but I would say somewhere around a 30% correction in real estate," Vermeulen said of real-estate investments. Those losses could take seven to 10 years to recover from, he said, because of the long nature of real-estate cycles.

Persons: —, Chris Vermeulen, who's, Vermeulen, — that's Organizations: Service, Traders, Business, Census, Challenger, Bloomberg, Fed, National Association of Realtors

☆ The real estate market is in for sharp correction with losses that could take a decade to recover from, strategist says
▼ + stars: | 2024-07-04 | by ( Jennifer Sor | ) www.businessinsider.com time to read: +5 min

Give it another two or three years — that's when the real estate market gets hit the most." Meanwhile, the fallout in the commercial real estate sector could be more severes. However, banks, bearing huge losses in their mortgage and commercial real estate portfolios, will be more hesitant to lend, weighing on demand and causing real estate prices to plunge. Advertisement"It's possible we'll see a 50% [correction] in some spots, but I would say somewhere around a 30% correction in real estate," Vermeulen said of real estate investments. Those losses could take seven to 10 years to recover from, he said, due to the long nature of real estate cycles.

Persons: —, Chris Vermeulen, Vermeulen, — that's, Vermueule Organizations: Service, Traders, Business, Census, Challenger, Bloomberg, National Association of Realtors

☆ The US real estate market is headed for a correction, strategist says
▼ + stars: | 2024-06-25 | by ( Jennifer Sor | ) www.businessinsider.com time to read: +1 min

The real estate market could soon see a major "leg down," according to strategist Chris Vermeulen. "People don't realize real estate is primed and ready for another major leg down," he said. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementAmerica's real estate market could be in for a big correction, according to veteran strategist Chris Vermeulen. The chief market strategist of The Technical Traders pointed to worrying signals flashing in the real estate sector as borrowing costs look poised to stay higher for longer.

Persons: Chris Vermeulen, — Organizations: Service, Business

☆ The US real-estate market is headed for a correction, strategist says
▼ + stars: | 2024-06-25 | by ( Jennifer Sor | ) www.businessinsider.com time to read: +1 min

The real-estate market could soon see a major "leg down," the strategist Chris Vermeulen said. "People don't realize real estate is primed and ready for another major leg down," he said. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementAmerica's real-estate market could be in for a big correction, the veteran strategist Chris Vermeulen said. The chief market strategist of The Technical Traders pointed to worrying signals flashing in the real-estate sector, as borrowing costs look poised to stay higher for longer.

Persons: Chris Vermeulen, — Organizations: Service, Business

☆ Uncertainty now for Springboks as winning era ends
▼ + stars: | 2023-10-29 | by ( Mark Gleeson | ) www.reuters.com time to read: +2 min

First to be settled is what happens with Director of Rugby Rassie Erasmus, who is seen as the maverick genius behind the country's successive World Cup triumphs. He was coach in 2019 when they won in Japan but tweaked his role thereafter, relinquished the coaching post to his long-time lieutenant Jacques Nienaber. Both have been lauded for the analytical work and attention to detail and are likely to be sorely missed. None of the winning squad have spoken of quitting, either the game overall or their international careers, but the intensity of the World Cup campaign takes a toll as the 31-year-old centre Damian de Allende explained when asked whether he would continue with the Boks. "I would love to say yes but at the moment I have to take it year by year,” he said after Saturday’s victory.

Persons: Denis, Webb Ellis, Stephanie Lecocq, Rugby Rassie Erasmus, Jacques Nienaber, Felix Jones, Steve Borthwick, Duane Vermeulen, Damian de Allende, ”, “ I’m Organizations: Rugby Union, Rugby, Stade de France, Saint, Rights, Irish, Leinster, South, England, Ireland, Twickenham, Thomson Locations: Zealand, South Africa, France, Japan, Africa, Australia, Argentina, New Zealand, Europe

☆ Springboks start with Pollard, go 7-1 on the bench
▼ + stars: | 2023-10-26 | by ( Mark Gleeson | ) www.reuters.com time to read: +2 min

In the end, Pollard proved the match winner again as he kicked over a 48 metre penalty to hand South Africa a place in the final. South Africa coach Jacques Nienaber surprised with his choice of replacements, going with seven forwards and a single back for the third time in the last two months. It means South Africa are gambling on fresh forward power winning them the game but risking having no cover should there be any injury among the backs. New Zealand, who like South Africa have won three previous World Cups, will name their team later on Thursday. South Africa: 15-Damian Willemse, 14-Kurt-Lee Arendse, 13-Jesse Kriel, 12-Damian de Allende, 11-Cheslin Kolbe, 10-Handre Pollard, 9-Faf de Klerk, 8-Duane Vermeulen, 7-Pieter-Steph du Toit, 6-Siya Kolisi (capt.

Persons: Handre Pollard, Pollard, Faf, Klerk, Jacques Nienaber, Cheslin Kolbe, Kurt, Lee Arendse, Damian Willemse, Jesse Kriel, Damian de Allende, Faf de Klerk, Duane Vermeulen, Pieter, Steph du Toit, Kolisi, Franco Mostert, Eben Etzebeth, Frans Malherbe, Steven Kitshoff, Deon Fourie, Trevor Nyakane, Jean Kleyn, Kwagga Smith, Jasper Wiese, Willie Le Roux, Mark Gleeson, Deborah Kyvrikosaios Organizations: Rugby, Springbok, New Zealand, South, England, Libbok, Blacks, Twickenham, Ireland, Leinster, Thomson Locations: COURCELLES, France, South Africa, Japan, flyhalf, scrumhalf, Africa, South Africa’s, Zealand

☆ World Cup braced for second superpower showdown
▼ + stars: | 2023-10-26 | by ( Mitch Phillips | ) www.reuters.com time to read: +5 min

That means that should they triumph on Saturday they will have an incredible 50% success rate - four finals from eight tournaments. New Zealand won the inaugural event in 1987 then became the first to win back-to-back titles in 2011 and 2015 - an achievement defending champions South Africa are also desperate to emulate. Their previous final meeting was in 1995, the first World Cup South Africa were allowed into. At the other end of the experience spectrum is winger Will Jordan, whose eight tries in France equal the tournament best. Referee: Wayne Barnes (England)Reporting by Mitch Phillips; editing by Ken FerrisOur Standards: The Thomson Reuters Trust Principles.

Persons: Nelson Mandela, Francois Pienaar, Chester Williams, Siya Kolisi, Richie McCaw, Handre Pollard, Ian Foster, Sam Whitelock, Will Jordan, Jordie Barrett, flyhalf Richie Mo'unga, Ardie, Beauden Barrett, Rieko Ioane, Mark Telea, Richie Mo’unga, Aaron Smith, Sam Cane, Shannon Frizell, Scott Barrett, Brodie Retallick, Tyrel Lomax, Codie Taylor, Ethan de Groot, Samisoni Taukei’aho, Tamaiti Williams, Nepo Laulala, Dalton Papalii, Finlay Christie, Damian McKenzie, Anton Lienert, Damian Willemse, Kurt, Lee Arendse, Jesse Kriel, Damian de Allende, Cheslin Kolbe, Faf de Klerk, Duane Vermeulen, Pieter, Steph du Toit, Kolisi, Franco Mostert, Eben Etzebeth, Frans Malherbe, Steven Kitshoff, Deon Fourie, Trevor Nyakane, Jean Kleyn, Kwagga Smith, Jasper Wiese, Willie Le Roux, Wayne Barnes, Mitch Phillips, Ken Ferris Organizations: Springboks, New Zealand, South, France, England, Twickenham, Zealand, Blacks, Ireland, Webb, Thomson Locations: New Zealand, South Africa, Africa, England, flyhalf, Argentina, Ireland, France, Zealand, Brown

☆ Captain Kolisi backs flyhalf Libbok to lead Springbok attack
▼ + stars: | 2023-09-11 | by ( Nick Said | ) www.reuters.com time to read: +2 min

But Kolisi said his side have no concerns around Libbok in potentially tight knockout contests and there were others who could take over kicking duties if required. "We play as a team and sometimes you are not good at one thing on the day," Kolisi told reporters. "But the way he attacked and the way he takes control of the team, people forget that and remember only the other stuff. "Faf (de Klerk) can kick, Cheslin (Kolbe) can kick, there are a lot of guys we can call upon. South Africa led 6-3 at halftime but Kolisi was not happy with the intensity they showed.

Persons: Siya Kolisi, Libbok, Kolisi, de Klerk, Cheslin, Kolbe, Duane, Vermeulen, Eben, Etzebeth, Libbok’s, Lee Arendse, Nick Said, Pritha Sarkar Organizations: Rugby, Scotland, Springboks, Kurt, Thomson Locations: MARSEILLE, France, South Africa, Marseille, Africa

☆ Springboks include injured skipper Kolisi in World Cup squad
▼ + stars: | 2023-08-08 | by ( Mark Gleeson | ) www.reuters.com time to read: +3 min

JOHANNESBURG, Aug 8 (Reuters) - South Africa captain Siya Kolisi was included in the squad for next month’s Rugby World Cup but other key players left out because of injury, including influential flyhalf Handre Pollard and World Cup-winning centre Lukhanyo Am. There are 12 World Cup debutants but the Boks kept the bulk of the side that won the tournament in Japan four years ago. Also out is Lood de Jager, the giant lock who was also part of team four years ago. He heads a list of players who compete at a third World Cup tournament. South Africa play in Pool B at the World Cup where they also meet Romania, Ireland and Tonga.

Persons: Siya Kolisi, flyhalf Handre Pollard, Kolisi, Pollard, de Jager, Jacques Nienaber, De Jager, Nienaber, Frans Malherbe, Trevor Nyakane, Eben Etzebeth, Steph du Toit, Duane Vermeulen, Damian de Allende, Jesse Kriel, Kurt, Lee Arendse, Faf de Klerk, Andre Esterhuizen, Jaden Hendrikse, Cheslin Kolbe, Willie le Roux, Manie, Makazole Mapimpi, Canan Moodie, Cobus Reinach, Damian Willemse, Grant Williams, Pieter, Deon Fourie, Steven Kitshoff, Jean Kleyn, Vincent Koch, Malcolm Marx, Kubota Spears, Bongi Mbonambi, Franco Mostert, Nche, Marvin Orie, Kwagga Smith, Marco van Staden, Jasper Wiese, Christian Radnedge Organizations: Rugby, Lukhanyo, Scotland, Argentina, SA Rugby, Wales, New Zealand, Twickenham, Romania, Tonga, Squad, Panasonic, Knights, Canon Eagles, Harlequins, Suntory, Eagles, Toyota, Honda, Snyman, Leicester Tigers, Thomson Locations: JOHANNESBURG, South Africa, Marseille, Japan, Cardiff, New, Ireland, Montpellier, Ulster, Munster, Stormers

☆ Coca-Cola Trials Turning Hard-to-Recycle Plastic Into Bottles
▼ + stars: | 2023-05-11 | by ( Dieter Holger | ) www.wsj.com time to read: +4 min

Coca-Cola is trialing technology in Europe that turns hard-to-recycle plastic into new bottles, as part of its effort to meet its sustainability goals. “We simply do not have the necessary levels [of recycled plastic],” said Joe Franses, vice president of sustainability at Coca-Cola Europacific Partners. Packaging represents around 40% of Coca-Cola Europacific Partners’ carbon footprint, largely because of its use of oil-based virgin plastic. It aims to stop using oil to produce plastic bottles by 2030. He hopes recycled plastic supplied by CuRe’s method to be on par or not significantly more expensive than current recycled plastic, which can be 50% more costly than plastic made from oil.

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