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Mortgage rates were forecast to go down in 2025. Expectations of higher inflation and more government debt under Trump have helped mortgage rates rise in recent weeks. Why mortgage rates rose ahead of the election — and are still high nowMortgage rates went down a lot in September, with 30-year rates dropping near 6%, according to Freddie Mac. How Trump's policies could lead to higher mortgage ratesZhao says that right now it's "nearly impossible" to predict where mortgage rates will go in 2025. More supply would help moderate home price growth, improving affordability even if mortgage rates remain high.

Persons: Donald Trump's, Trump's, —, Freddie Mac, they're, Chen Zhao, Melissa Cohn, Trump, Zhao, Kamala Harris, Cohn Organizations: Trump, Service, Bond, William, Mortgage, Analytics

☆ Patzcuaro: A lake in Mexico’s ‘magical town’ is disappearing. Authorities blame drought, and theft
▼ + stars: | 2024-04-17 | by ( Abel Alvarado | ) edition.cnn.com time to read: +2 min

Lake Patzcuaro in the western state of Michoacán has lost more than half its volume since authorities started tracking its falling water levels, according to a new report from CNN affiliate Televisa. Lake Patzcuaro, as seen in a video from the government of Patzcuaro. Both the town of Patzcuaro and its lake are major tourist destinations, especially during its November Day of the Dead festivities. In a 25-minute video that has gone viral on social media, YouTuber El Perepeche walks over cracked soil where once there was water. Lake Patzcuaro as seen in a video by the YouTuber El Purepeche.

Persons: Lake, YouTuber El, Patzcuaro, El Organizations: CNN, Televisa, ” Authorities, Purepeche Locations: Mexico, Michoacán, ”, Patzcuaro, Janitzio

☆ Top development banks, funds set up 'debt-for-nature' task force
▼ + stars: | 2023-12-04 | by ( Marc Jones | ) www.reuters.com time to read: +2 min

[1/2] Fishermen go out to sea after Ecuador's goverment expanded the protected marine area around the Galapagos Islands, Ecuador January 24, 2022. REUTERS/Santiago Arcos Acquire Licensing RightsLONDON, Dec 4 (Reuters) - A consortium of top multilateral development banks (MDB) and climate funds launched a global "task force" on Monday to scale up the number and size of 'debt-for-nature' swaps that countries can do. It will initially be led by the Inter-American Development Bank (IDB) and the U.S. International Development Finance Corporation (DFC), lenders which between them have been involved in all the recent swaps, also including Barbados and Gabon. The Asian Development Bank, the African Development Bank, France's Agence Française de Développement, and the European Investment Bank will also be part of the task force, as well as the Green Climate Fund and the Global Environment Facility. Development banks play a particularly important role in debt-for-nature swaps because they provide the credit guarantees and/or political risk insurance that make them viable.

Persons: goverment, Santiago Arcos, Ilan Goldfajn, Scott Nathan, Marc Jones, Kirsten Donovan Organizations: REUTERS, Santiago, Reuters, Inter, American Development Bank, U.S . International Development Finance Corporation, Asian Development Bank, African Development Bank, France's Agence Française, European Investment Bank, Climate Fund, Global, Thomson Locations: Ecuador, Belize, Barbados, Gabon

☆ US charges ex-ambassador with spying for Cuba over decades
▼ + stars: | 2023-12-04 | by ( ) www.reuters.com time to read: +2 min

Rocha, 73, was arrested and is expected to appear before a federal judge in Miami on Monday. Bolivian President Hugo Banzer shakes hands with Victor Manuel Rocha, the then U.S. Ambassador to Bolivia, during a ceremony in the Goverment Palace in La Paz, August 3, 2000. File photo DM/JP/HB Acquire Licensing RightsRocha worked for the State Department from 1981 to 2002, the Justice Department said. State Department spokesperson Matthew Miller told reporters he was unable to provide details on an ongoing law enforcement matter.

Persons: Victor Manuel Rocha, Merrick Garland, Rocha, Hugo Banzer, Matthew Miller, Miller, Andrew Goudsward, Katharine Jackson, Ismail Shakil, Simon Lewis, Rami Ayyub, Bill Berkrot Organizations: Justice, Justice Department, Cuban, United, Bolivian, HB, State Department, White, National Security Council, . military's Southern Command, Washington, Directorate of Intelligence, Thomson Locations: United States, Bolivia, Cuba, Miami, Goverment, La Paz, Florida, U.S

SANTIAGO, Chile (AP) — Television crews at the Pan American Games had equipment stolen this week from the compound of Estadio Nacional, the site of Friday's opening ceremony, heightening concerns about crime at the tournament hosting over 6,800 athletes. A contractor, and not local police, was in charge of security at the Estadio Nacional compound when the incident took place. The Pan American Games, the largest multisport event in the Americas, are held one year before the Olympics. Police presence at Estadio Nacional was greater Thursday than at the beginning of the week. Organizers of the Pan American Games had previously told The Associated Press they had increased their attention in check points at the gates of every sporting venue.

Persons: Harold Mayne, Nicholls, “, ” Mayne, Gabriel Boric, Chile's goverment, Eva Vergara, ___ Organizations: — Television, Pan American Games, Estadio Nacional, Police, Associated Press Locations: SANTIAGO, Chile, Americas

☆ Fact Check-SKYCovion vaccine is not sprayed from aircraft
▼ + stars: | 2023-06-01 | by ( Reuters Fact Check | ) www.reuters.com time to read: +2 min

A South Korean COVID-19 vaccine recently authorised in Britain is administered by injection, not sprayed into the sky from aircraft, as social media posts falsely claim. Some social media users have since been saying that SKYCovion will be sprayed on people from aircraft in a possible misinterpretation of the vaccine’s name (here). However, the vaccine is not based on mRNA and is administered through intramuscular injection, according to the MHRA and SK bioscience. SKYCovion is not an mRNA vaccine but has a traditional protein-antigen design. The SKYCovion vaccine authorised in Britain is injected intramuscularly, not sprayed from the sky.

Persons: chemtrails, Read Organizations: South, SK bioscience, GlaxoSmithKline, GSK, SK Chemicals, Britain’s Medicines, Healthcare, Agency, Twitter, ” SK bioscience, Reuters Locations: Britain, South Korean

☆ The Tesla factory where a worker was crushed to death had safety weaknesses, report says
▼ + stars: | 2023-04-19 | by ( Britney Nguyen | ) www.businessinsider.com time to read: +2 min

Chinese inspectors want to punish Tesla after the death of a Shanghai factory worker, Caixin Global reported. A Chinese goverment investigation into the death of a Tesla employee in Shanghai concluded the electric carmaker has safety weaknesses, Chinese news site Caixin Global reported Wednesday. Meanwhile, people claiming to work at the Tesla Shanghai factory have complained on social media, and have appealed to Tesla CEO Elon Musk, saying their performance bonuses were cut after the employee's death. "Please pay attention to the performance of frontline workers at Tesla's Shanghai factory being arbitrarily deducted," one account tweeted. Two employees at Tesla's Shanghai factory told Reuters that supervisors pointed to a "safety incident" when they inquired about bonus cuts.

☆ Israel's 'Handmaids' become a defining image of the mass protests against Netanyahu's judicial reforms
▼ + stars: | 2023-03-19 | by ( Bethany Dawson | ) www.businessinsider.com time to read: +5 min

Women dressed as "Handmaids" are at the forefront of mass protests against the Netanyahu government. Netanyahu's plans to lessen the power of the Israeli supreme court. The protests in Tel Aviv and other Israeli cities oppose Prime Minister Netanyahu's plans to lessen the power of the Israeli Supreme Court in favor of elected officials. Israeli protesters wearing costumes from ''The Handmaid's Tale'' particiapte in a rally against Israeli Goverment's judicial overhaul bills at Haogen Junctions on March 16, 2023. Gili Yaari/NurPhoto via Getty ImagesPeople around the world are also voicing concerns about Netanyahu's plans.

☆ 'Huge uncertainty' for investors and economy as Israel's government pushes for controversial reforms
▼ + stars: | 2023-03-01 | by ( Natasha Turak | ) www.cnbc.com time to read: +6 min

Thousands of Israeli protesters rally against Israeli Goverment's judicial overhaul bills in the coastal city of Tel Aviv on February 25, 2023. Gili Yaari | Nurphoto | Nurphoto | Getty ImagesPrime Minister Netanyahu has labeled the protests — which are now approaching their third month — an attempt "to create anarchy" and trigger another election. In short, the proposed judiciary overhaul will severely limit the Israeli Supreme Court's ability to review and strike down laws that it deems unconstitutional. The Knesset — Israel's parliament — voted last week to advance a major part of the reforms. The prime minister himself is currently under investigation on numerous counts of corruption and other charges, meaning he would likely benefit from a weaker judiciary.

☆ The Proud Boys jury hasn't even been seated yet, and the defense already says it's biased
▼ + stars: | 2023-01-08 | by ( Laura Italiano | ) www.businessinsider.com time to read: +6 min

The Proud Boys sedition-trial jury will be picked Monday, out of a pre-vetted pool of DC residents. The defense teams plan to make one last-ditch venue-change motion immediately after the jurors are seated, according to a person familiar with their strategy. "It's not surprising that these potential jurors knew something about the Proud Boys and January 6th, particularly since they live in DC," Suter told Insider. Those views included "preconceived beliefs that the Proud Boys are a 'dangerous armed group,' a 'hate filled group,' 'racists,' and other clearly biased views followed by assertions that they nonetheless can be fair." Defense lawyers are very likely spending the weekend pouring over any public records on the 45 or so prospects in the pool, Suter said.

☆ A town in Italy is going to pay people $31,000 to move there, but there's a catch. You must buy and fix up old abandoned homes to get the cash.
▼ + stars: | 2022-11-29 | by ( Jordan Pandy | ) www.businessinsider.com time to read: +4 min

Presicce, Italy is providing roughly $30,000 to people who move to the historic town. It's just the latest small Italian village to try to lure newcomers by dangling major incentives. Other Italian towns experiencing population declines and struggling with derelict properties have instituted similar programs. According to Italian listing site Immobiliare, homes in the Presicce-Acquarica comune normally sell for 669 euros, or about $690, per square meter. A typical home of 46 square meters, or about 500 square feet, would normally cost just over $31,000.

☆ A 26-year-old entrepreneur built a multi-million dollar business doing government contract work out of his parents' basement. Now, he and his fiancée are completing a new 250-home development in the s
▼ + stars: | 2022-09-18 | by ( Kathleen Elkins | ) www.businessinsider.com time to read: +14 min

The couple now work together full-time on the company Uboh started back in 2015, JUBOH Companies, from his parents' basement. One of the first companies Uboh started was an an ecommerce drop shipping company. "I started early. Courtesy of JUBOH CompaniesUboh and Carter, who started working with his team full-time in 2020, are now finishing a 250-home development called Somerset Hills in Fairburn, Georgia. He started early and he started small: with a candy business in grade school and, later, with a lawnmower that cost a couple hundred bucks.

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