High costs and rising rates make homeownership a challenge for young Americans

Young Americans are finding it increasingly tough to buy their own homes due to soaring costs and surging mortgage rates.  For many, the dream of homeownership is slipping further away, and this trend is concerning not only for families but also for President Joe Biden’s re-election campaign. Millennials, who were the most active homebuyers from 2014 to 2022, have lost their top spot to baby boomers, who can afford to buy homes outright. The housing market is facing a severe shortage, especially for affordable options, and the higher interest rates…

A dive into Elon Musk’s demons-driven, Mars-obsessed life

The much-awaited biography of US tech billionaire and CEO of SpaceX Elon Musk painted the picture of the mogul as a person who is highly obsessed with the idea of human life on planet Mars and an individual who has a “demon mode”, making him highly productive. “Elon Musk” is written by renowned biographer Walter Isaacson, a former editor-in-chief of Time magazine. He is best known for books about Apple founder Steve Jobs as well as his looks into the lives of Albert Einstein and Leonardo da Vinci. The book is set…

Casualties go up to 15 as deadly flooding swept villages in central Greece

Rescue officials continue to search for the bodies as another deceased person was found at sea in the Pelion region, taking the overall death toll due to devastating flooding to 15 in central Greece Sunday.  Authorities found three bodies earlier in the day near the town of Karditsa, where rescue operations are continuing unabated. Saturday’s toll listed 11 fatalities from the devastating floods, according to AFP. The Greek fire service said in a statement: “A total of 4,250 people were rescued and brought to safety on Saturday and into Sunday morning.”…

Train hits seven people in Spain killing 4, injuring 3

Emergency services in Spanish Catalonia wrote on X — formerly known as Twitter — that at least people have lost their lives and another three were injured after a group of seven people were hit by a train while crossing the railway line.  The incident took place in Montmelo about 20 kilometres (12 miles) north of Barcelona. Spanish media said a music festival was held nearby on Sunday night, the eve of a holiday in Catalonia. The regional firefighting force wrote on X: “We searched for other possible victims near the…

Morocco marks first of three-day national mourning as death toll rises

Morocco, on Sunday, marked the first day of the three-day national mourning period following a terrible earthquake that left more than 2000 dead as many injured. According to the official MAP news agency, the royal palace released a statement on Saturday announcing: “Three days of national mourning have been decided, with flags to fly at half-mast on all public buildings.” The announcement came after Morocco’s King Mohammed VI presided over a meeting to discuss the disaster which has been dubbed, “Hell on Earth,” by media outlets across the world. The…

Nearly 300 die, over 150 injured as 6.8 earthquake devastates Morocco

As many as 296 people have lost their lives as a powerful 6.8 magnitude earthquake struck southwest of Marrakesh, Morocco Friday, triggering chaos as multiple videos surfacing on social media showed collapsing buildings and debris. The earthquake hit 44 miles (71 kilometers) southwest of Marrakesh at a depth of 18.5 kilometers at 11:11pm local time (2211 GMT).  “According to a provisional report, the earthquake killed 296 people in the provinces and municipalities of al-Haouz, Marrakesh, Ouarzazate, Azilal, Chichaoua and Taroudant,” the ministry said in a statement, adding that 153 people were…

Donald Trump’s former advisor Peter Navarro found guilty of contempt of Congress

Former US President Donald Trump’s erstwhile advisor on trade Peter Navarro was found guilty by a federal grand jury Thursday of contempt of Congress as he did not testify before the House of Representatives committee probing into the January 6 riots, but he said to appeal the verdict. The 72-year-old was found guilty on two counts in Washington after a two-day trial. Navarro had refused to appear for a deposition before the committee and also declined to supply documents to the panel. Peter Navarro, who is an economist, is the second…

North Korea showcases new ‘tactical nuclear submarine’ as tensions mount

North Korean media reported Friday that the country has built a “tactical nuclear attack submarine” as part of its effort to strengthen its naval force. North Korean leader Kim Jong Un presided over the unveiling ceremony Wednesday, saying the new sub was part of a “push forward with the nuclear weaponisation of the Navy in the future”, KCNA reported. The launching of the submarine, named the Hero Kim Kun Ok, “heralded the beginning of a new chapter for bolstering up the naval force of the DPRK”, according to the report from KCNA. During…

17 killed in Russian attack on east Ukraine market

A Russian strike killed at least 17 people at a market in east Ukraine on Wednesday, President Volodymyr Zelensky said, in an attack he described as deliberate and “heinous”. The attack came hours after US Secretary of State Antony Blinken made an unexpected trip to Kyiv, where he vowed Washington would stand “side by side” with Ukraine as it pressed ahead with its counteroffensive against Russia. Projectiles tore through the centre of Kostiantynivka, a town of nearly 70,000 people in the Donetsk region, in one of the deadliest strikes in…

21 dead as powerful cyclone ransacks villages town in southern Brazil

At least 21 people were reported to have died in Rio Grande do Sul, Brazil after a cyclone brought torrential rains and powerful winds, according to the officials, who issued further warnings about floods.  Governor Eduardo Leite told a news conference that it was the deadliest ever in the history of the state, in a string of weather disasters to hit the country. He said: “We were deeply saddened to get the news that as the water recedes… 15 more bodies were found in the town of Mucum, bringing the…