Gaza: Civil defence agency says at least 50 killed in Israeli strikes
Israel's strikes also wounded some 200 people,The agency said 22 children were among those killed, as well as women and elderly,
Israel began carrying out air strikes on Tuesday after accusing Hamas of attacking Israeli troops in Gaza and violating the truce. While Israel did not say where its troops were attacked, Hamas has said its fighter had "no connection to the shooting incident in Rafah" and reaffirmed its commitment to the US-brokered ceasefire.
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Progressive Jewish Group Hits Back After Trump Calls Jews Voting for Mamdani ‘Stupid’
Trump called Zohran Mamdani's many Jewish supporters "stupid," adding to his history of insulting and demonizing Jews who oppose him. "Trump and his allies claim to defend Jews, yet ignore antisemitism in their own ranks," said Jamie Beran of Bend the Arc.
Progressive Jewish Group Hits Back After Trump Calls Jews Voting for Mamdani ‘Stupid’
"Trump and his allies claim to defend Jews, yet ignore antisemitism in their own ranks," Jamie Beran of Bend the Arc told Common Dreams.stephen-prager (Common Dreams)
Slovenia plans to attract Chinese investment with ‘panda bonds’
cross-posted from: lemmy.zip/post/51969965
archive.is/U4QI8
Slovenia plans to issue up to Rmb5bn ($700mn) of “panda bonds” next year“We want to expand the investor base,” Slovenian finance minister Klemen Boštjančič told the Financial Times during a recent visit to Beijing where he laid out plans to issue renminbi-denominated sovereign debt sold in China.
Foreign companies have increasingly turned to panda bonds, attracted by lower interest rates and a desire to diversify their currency issuance and investor base. Some sovereign borrowers including Portugal, Hungary and Egypt have also issued panda bonds in recent years
Portugal and Egypt are interesting.
Hungary is a client state of Russia who is a client state of China. That's just vertical integration.
Google’s new hurricane model was breathtakingly good this season
Meanwhile, the US Global Forecasting System continues to get worse.
Italy | A Journalist Asked Why Israel Isn’t Paying to Rebuild Gaza. It Cost Him His Job.
Italy’s Nova news agency confirmed it let reporter Gabriele Nunziati go for asking a European official about Israel at a press conference.
Archived version: archive.is/20251104233830/thei…
Disclaimer: The article linked is from a single source with a single perspective. Make sure to cross-check information against multiple sources to get a comprehensive view on the situation.
The US resumes nuclear tests and justifies it with lies
As a justification for his order to resume US nuclear tests, Donald Trump had claimed on Sunday that China, Russia, and Pakistan, among others, have been conducting secret nuclear tests.
Archived version: archive.is/newest/peoplesdispa…
Disclaimer: The article linked is from a single source with a single perspective. Make sure to cross-check information against multiple sources to get a comprehensive view on the situation.
Apache OpenOffice disputes data breach claims by ransomware gang
The Apache Software Foundation disputes claims that its OpenOffice project suffered an Akira ransomware attack, after the threat actors claimed to have stolen 23 GB of corporate documents.
Data breach at major Swedish software supplier impacts 1.5 million
The Swedish Authority for Privacy Protection (IMY) is investigating a cyberattack on IT systems supplier Miljödata that exposed data belonging to 1.5 million people.
Media giant Nikkei reports data breach impacting 17,000 people
Japanese publishing giant Nikkei announced earlier today that its Slack messaging platform had been compromised, exposing the personal information of over 17,000 employees and business partners.
Because it sums up her personality...
"If you wouldn't take my help when you didn't need it, why should I help you now that you do?"
[Announcement] Path of Exile 2 Fan Art Competition Winners
Early Access Announcements - Path of Exile 2 Fan Art Competition Winners - Forum - Path of Exile
Path of Exile is a free online-only action RPG under development by Grinding Gear Games in New Zealand.Path of Exile
[Patch Notes] 3.27.0 Hotfix 9
3.27.0 Hotfix 9
- Fixed a bug where Delirium encounters could have a large delay before finishing and giving rewards.
Patch Notes - 3.27.0 Hotfix 9 - Forum - Path of Exile
Path of Exile is a free online-only action RPG under development by Grinding Gear Games in New Zealand.Path of Exile
Outline of potential deal to end government shutdown emerges as senators continue talks
The contours of a potential deal to reopen the government began to emerge on Tuesday as the shutdown was poised to become the longest in history, with senators discussing an agreement that would fund the government alongside long-term appropriations bills in exchange for a vote on extending health insurance tax credits that Democrats have demanded.
A bipartisan group of senators has been engaged in conversations in recent days as lawmakers search for an off-ramp in the shutdown fight. Senate Majority Leader John Thune told reporters Tuesday morning that he's hopeful the bipartisan group is close to a solution, while acknowledging the "cross-pressures that everybody's feeling" are "great."
https://www.cbsnews.com/news/government-shutdown-potential-deal-senate-talks/
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Lakshmi Mittal’s energy venture bought Russian oil transported on blacklisted ships
::: spoiler Tap for article
Lakshmi Mittal’s energy venture bought Russian oil transported on blacklisted ships
Indian refinery received at least four crude shipments this year worth almost $280mn on sanctions-listed vessels
The Samadha engaged in ship-to-ship transfers with four US-sanctioned vessels © Planet Labs, European Space Agency
Steel tycoon Lakshmi Mittal’s energy joint venture in India has bought Russian oil transported on sanctions-listed vessels, according to an analysis of satellite imagery, shipping data and customs records by the Financial Times.
The Guru Gobind Singh Refinery in Punjab, a major oil refinery co-owned by the long-term UK resident’s Mittal Energy, received at least four crude shipments worth almost $280mn this year which had been transported most of the way from Russia on sanctions-listed ships.
The oil was transported on the US-blacklisted vessels between July and September from the Arctic port of Murmansk to as far as the Gulf of Oman. The final leg of the journey into India was undertaken on the Samadha, a tanker that is not on US sanctions lists, though it was blacklisted by the EU.
All of the ships involved in the process sought to conceal their behaviour with a combination of deceptive practices, either shutting off their transponders or using them to broadcast false positions.
It is not known who arranged for the oil to be transported on the sanctioned tankers, nor if HPCL-Mittal Energy Limited (HMEL) — the entity that owns the refinery — was aware of the use of the vessels.
Emily Kilcrease, a director at the Centre for a New American Security and a former US trade and security official, said: “If I were advising the buyer, I would want to make sure that you had enough visibility in the full transport chain to make sure that you’re not one hop or two hops from a sanctioned activity.”
Best known as the executive chair of ArcelorMittal, the world’s largest integrated steel and mining group, Mittal has built a globe-spanning business empire. The billionaire, who has sat on the board of Goldman Sachs since 2008, told associates earlier this year that he intends to leave the UK over changes to its taxation rules.
The revelations about the shipments come as the US is seeking to raise the pressure on Indian companies not to buy Russian oil. Washington last week imposed sanctions on Rosneft and Lukoil, Moscow’s two leading oil producers, in an effort to force Russian President Vladimir Putin to engage in negotiations with Ukraine.
HMEL is a joint venture between part of the Mittal group and Hindustan Petroleum Corporation Limited, an Indian state company, with each holding a 49 per cent stake. The remaining 2 per cent is in the hands of financial institutions, according to the company.
HMEL and Mittal did not respond to requests for comment.
The Guru Gobind Singh Refinery owned by Hindustan Petroleum Corporation Limited-Mittal Energy Limited (HMEL) © HMEL
Before last week’s US sanctions, western allies of Ukraine had already imposed a price cap aimed at limiting the profits Russia was able to reap from the trade. Oil tankers that did not comply or used various deceptive shipping practices have also been sanctioned by the EU, UK and US.
India has become one of the biggest importers of Russian crude after Putin launched the full-scale invasion of Ukraine in February 2022, profiting from discounted prices as western buyers turned away.
Russia has exported an average of 5mn barrels a day of seaborne crude this year, with 1.7mn b/d of the total being purchased by India, according to data analytics group Kpler. The next largest share headed to China.
Kilcrease said: “The major consumers of this oil really want [it]. They’ve been willing to take a certain amount of risk of coming into the US Treasury’s sights.”
The four deliveries identified by the FT all followed a similar pattern, with the Samadha repeatedly heading in and out of the port of Mundra in Gujarat, western India, to pick up the oil brought to the area on the sanctioned ships.
According to its transponder signals, the Samadha was simply travelling back and forth from Oman, where it would moor and load. After a pause, it would then broadcast that it was sailing back to India.
The vessel, however, was often not where it claimed to be. Satellite images analysed by the FT throughout this period and compared with transponder data show that, once the Samadha left port, it often sent a falsified position that disguised its true location.
While it claimed to be on these shuttle runs to Oman, the Samadha was actually meeting the other ships further offshore. Each of the four journeys included a meeting with another ship caught on satellite images. \
\
Each image shows a large, grey vessel, consistent with the Samadha, at anchor in the Gulf of Oman, lined up side-by-side with another tanker. This position suggests a ship-to-ship transfer of goods.
The vessels appear to be the Belgorod, Danshui, Dignity and Primorye — all of which had been added earlier to sanctions lists by the US. The images of the vessels match other images of these ships obtained by the FT.
TankerTrackers, a maritime intelligence company, confirmed the identity of the ships during their monitoring of the Gulf of Oman — an area that they usually surveil for ship-to-ship transfers involving Iranian oil.
In each case, the sanctions-listed ships sailing from Murmansk went “dark” as they approached the Gulf of Oman, switching off their transponders for between three and six days, the exact window during which each photographed transfer took place. They turned them back on again shortly after.
The dates of the Samadha’s journeys also match customs records filings, seen by the FT, made by refinery owner HMEL to Indian authorities for purchases from Varda LLC, a St Petersburg oil supplier. Three of the forms explicitly name the Samadha as the carrier.
The filings also report that the four shipments had a total value of $277mn.
The records also indicate that all of the shipments were for two grades of Arctic oil — Novy Port and Arco. In January, the US targeted Russia’s Arctic oil business with sanctions, announcing curbs on tankers and other infrastructure affecting Arco and other grades.
Guru Gobind Singh refinery, located in the Bathinda area of Punjab, is the 10th largest in India, able to process 11.3mn tonnes a year. At Mundra, the crude shipments were deposited into a 1,000km-long pipeline to the inland refinery.
The FT was unable to contact the Samadha’s registered owner and manager, Erika Freight Limited, a company about which almost nothing is known beyond its relationship with the vessel.
The Samadha has since been placed under sanctions by the UK. Its owner shares a registered address in the Seychelles with 13 other so-called shadow fleet vessels — ships against whom it is difficult to enforce sanctions because their ownership is opaque.
The FT was not able to reach Varda LLC in St Petersburg, which does not have any online presence and does not list any contact details in Russian corporate records.
Cartography by Aditi Bhandari
:::
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China overtakes the US as Germany’s largest trading partner
China overtakes the US as Germany’s largest trading partner
Economists credit US President Donald Trump’s tariff campaign with reducing trade between Germany and the US.Al Jazeera
Should've developed EVs 10 years ago imo
FBI fires, unfires, then refires agents linked to Jack Smith probe
At least two FBI agents involved in past investigations into Donald Trump were told Monday that they had been fired, only to learn later in the day that those terminations had been reversed or put on hold, according to six people familiar with the decisions.
Then on Tuesday morning, the two agents learned they had indeed been fired, along with two other employees, according to three of the people familiar with the decisions.
The chaotic process highlights the turmoil and uncertainty across federal law enforcement amid overhauls at the Justice Department and FBI that have targeted those who helped secure indictments against Trump or are viewed by the president as aligned with his political enemies.
James Comey wants case dropped, Trump's prosecutor disqualified
Former FBI Director James Comey on Monday filed motions seeking the dismissal of criminal charges against him, arguing Lindsey Halligan wasn't properly appointed and that the case was politically motivated.Ryan J. Reilly (NBC News)
Visible from space, bloodied sands expose massacre of thousands after besieged city falls
Visible from space, bloodied sands expose massacre of thousands after besieged city falls
Satellite images taken of El Fasher after the Sudanese city fell at the weekend show clusters of objects “consistent with the size of human bodies”.Ben Farmer and Lilia Sebouai (The Sydney Morning Herald)
Help with home server plan
Hi 😀
I'm planning on setting up my home server, and I'm feeling a bit lost.
I currently have a Jellyfin, SSH and Backrest server running on my PC, but want to get some dedicated hardware for it, and increase the services hosted to VPN, Immich, maybe Nextcloud, etc.
The problem is that I have no idea for what kind of hardware to aim for. I don't know whether I should aim for Rasperri, or MiniPC, or a dedicated rag, or any other thing. My country doesn't have a big second-hand market for server stuff, but I that's also a possibility.
Some context on my needs:
- I run 1440p videos on Jellifyn, so my guess is I need H.265 support. Other than that, I think any CPU will do, and don't need a very fast one. Same goes for RAM, maybe 8 GB is enough
- I feel like I do need at least 2 hard drives (1 for my files, another for backups)
- The ability of upgrade with better hardware would be appreciated, maybe another hard drive or some extra ram.
- Preferably, a rather low-energy consumption drive. Maybe 10 W idle? No idea on this front neither.
- Budget is around $200 USD, excluding hard drives. I can pay extra for drives, or get them later on as I start playing around and scale up.
- What Linux distro should I use? For security, I want to run everything with Dockers, so I guess it doesn't matter? I'm mildly fluent in Linux, experience with Arch and Debian based.
Thanks in advance 😀
Debian for sure. It's the Toyota 4Runner of the operating system world:
- Older but proven tech that just chugs right along.
- Not a ton of features out of the box, but supported by basically everything aftermarket.
- Major updates, while slow but regular, bring a lot of improvements - most of which are under the hood.
Well, it means that profits earned by the Trump supporting business, will support Trump's agenda, which includes annexing / doing harm to Canada. As it's a US corp, it also likely means many of the high paying corporate backend jobs go south, removing high income earners from the tax pool. It's amazing to me that the gov is whining at Canadians about productivity, and grandstanding with 'elbows up' rhetoric, but they greenlight sending jobs to the states.
And if it's taking a more active role in supporting Trump, given that its such a large market slice, they could manipulate prices to gouge Canadians / do harm to Canada in a more direct fashion.
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The current liberal government is far more conservative leaning than the previous one. They're pushing very authoritarian bills, and effectively going along with much of the US's 'stuff', while attempting to spin a pro-Canada message for public support -- like the gov and our media lauding the push to diversify our energy supply by building small nuclear reactors... but glossing over that they require US-provided fuel to run (so we're literally increasing reliance on US stuff, while the US is busy using that dependence to attack us economically). On the authoritarian bills, there's stuff like making it so that law enforcement doesn't need a warrant to get customer information from private companies, and making display of certain symbols/flags a crime. The folks I know who follow this stuff, basically agree that it's all a bit tepid at the moment, but that it's still better than it would've been under our 'official' conservative party, as those guys wanted to straight up do a DOGE-north (and likely still do).
I'd frame it as Canada is still moving along with the Tech-bro agenda from the US at present, though we're less in to the Christian Nationalist / overtly racist stuff. For example, the coming budget is expected to have items related to OpenBanking/Digital Currencies, which are ideas primarily pushed by tech kleptocrats (there're obvious reasons they fumble to name specific, quantifiable benefits of those systems for consumers -- and it's because the benefit is pretty much all for big tech).
The party that had a more progressive slant last time around, the NDP, got trounced -- deservedly, as they hadn't really put out anything to persuade voters, and essentially told people to vote liberal if it meant defeating the cons. Our green party, who were even more progressive in policies (and often had big, interesting policy ideas), committed suicide years ago due to their adherence to their party-negative approach to DEI -- they literally elected a black lesbian jewish pro-palestinian lawyer lady as their leader, and she destroyed what little support the party had. Eg. she spent all the campaign finances trying to win a liberal-stronghold riding for herself in Toronto; she demanded full control of all social media accounts for the party, which she was given, but then she proceeded to go to news agencies and comment about how the party wasn't publicly supporting her on social media... the media she controlled... because the party was racist. That sort of thing.
So, as to what they're thinking, I don't think they view the US as a potential threat to the same extent as the public. And I don't think they're progressive in the old sense of the world, but they're still progressive relative to our southern neighbours. But I mean, that's a really low bar at the moment.
Any idea what the government is thinking? I thought it was progressive...
This should be the world anthem for the 21st century
Tempus v4.0.7 android subsonic client release
Hi All,
my fork of Tempo has had a rebrand, which was a requirement to get back into the app stores as the original Tempo still exists in F-Droid/IzzyOnDroid
Tempus v4.0.7
Attention
This release will not update previous installs as it is considered a new app, no longer Tempo, new icon, new app id, and new app name. Hoping it will not be a huge inconvenience but was necessary in order to publish to app stores izzyDroid
Android Auto
Support should be the same as before, however, I was not able to test any of the icons/visuals, so please let me know if there are any remnants of the tempo logo/icon as I believe I removed them all and replaced them successfully.
What's Changed
fix: Crash on share no expiration date or field returned from api
fix: Check also underlying transport
feat: Unhide genre from album details view
fix: persist album sorting on resume
chore: Tempus rebrand
chore: Update Polish translation Now available via the IzzyOnDroid Repository ->
apt.izzysoft.de/fdroid/index/a…
note:
app-tempo* <- The github release with all the android auto/chromecast features
app-degoogled* <- The izzyOnDroid release that goes without any of the google stuff.
As usual, any dev contributions appreciated as I am not actually a java/mobile dev, so my progress is significantly slower than those who do this on the daily.
In particular, any android dev is familiar android auto to help me set up a dev environment
Release v4.0.7 · eddyizm/tempus
What's Changed chore: updated tempo references to tempus including github check by @eddyizm in #197 fix: Crash on share no expiration date or field returned from api by @eddyizm in #199 Full Chan...GitHub
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i hope you are able to fix some of the issues, inherited from tempo, that keep me on symphonium
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Rising heat kills one person a minute worldwide, major report reveals
Biggest analysis of its kind finds millions are dying each year because of failure to tackle climate crisis
Rising global heat is now killing one person a minute around the world, a major report on the health impact of the climate crisis has revealed.
It says the world’s addiction to fossil fuels also causes toxic air pollution, wildfires and the spread of diseases such as dengue fever, and millions each year are dying owing to the failure to tackle global heating.
The report, the most comprehensive to date, says the damage to health will get worse with leaders such as Donald Trump ripping up climate policies and oil companies continuing to exploit new reserves.
Governments gave out $2.5bn a day in direct subsidies to fossil fuels companies in 2023, the researchers found, while people lost about the same amount because of high temperatures preventing them from working on farms and building sites.
Rising heat kills one person a minute worldwide, major report reveals
Biggest analysis of its kind finds millions are dying each year from combined effects of failure to tackle climate crisisDamian Carrington (The Guardian)
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It isn't?
The deaths of all humanity are just 1.8 per second.
Brazil: at least 64 reported killed in Rio’s worst day of violence amid police favela raids
Brazil: at least 64 reported killed in Rio’s worst day of violence amid police favela raids
Governor says city ‘at war’ after gunfights between troops and Red Command drug traffickers who reportedly used weaponised dronesTom Phillips (The Guardian)
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South Korea trade deal appears elusive as Trump seeks $350B investment
Top officials in Washington and and Seoul say the sticking point for an agreement continues to be the logistics behind Trump’s demand that South Korea invest $350 billion in the United States.
Korean officials say a direct cash injection could destabilize their economy, and they’d rather do loans and loan guarantees instead. The country would also need a swap line to manage the flow of its currency into the U.S.
The disparity between what Trump is asking for and what South Korea can deliver threatens to overshadow the meeting between Trump and South Korean President Lee Jae Myung in Gyeongju, a historical city playing host to the annual Asia-Pacific Economic Cooperation summit.
South Korea trade deal appears elusive as Trump seeks $350B investment
After a charm offensive in Japan that culminated in $490 billion in investment commitments, President Donald Trump is set to meet with South Korea’s leader on Wednesday as a trade deal with that country appears more elusiveCHRIS MEGERIAN Associated Press (ABC News)
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Japan Patent Office Rejects Key Patent Application In Nintendo’s ‘Palworld’ Lawsuit
Japan Patent Office Rejects Key Patent Application In Nintendo’s ‘Palworld’ Lawsuit
Nintendo and the Pokémon Company’s lawsuit in Japan against PocketPair, makers of the hit game Palworld, is still ongoing. As we’ve reported previously, this isn’t the copyright o…Techdirt
OpenAI Establishes For-Profit Company In Restructuring Change Involving Microsoft
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Why Americans trying to hide as Canadians overseas doesn’t work
Americans are ‘flag jacking’ to pretend they’re Canadian overseas - here’s why it doesn’t work
Claims of “flag jacking” go back to at least the Vietnam WarGraig Graziosi (The Independent)
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Venezuela claims it foiled Trump plot to stage 'false flag' attack on US warship
Venezuela claims to have captured ‘CIA backed cell plotting false flag attack’ as tensions with US grow
Venezuela believes Trump is trying to put pressure on President Maduro in order to displace him from powerJames C. Reynolds (The Independent)
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Operation Northwoods.
Americans would have died if it was greenlit as the goal was to go to war with cuba
Interesting thing about false flag attacks is that many of them are not real false flag attacks but are attacks that have been carefully chosen to be allowed by ignoring the intel regarding them.
Israel for example had been notified by many countries of an incoming attack by Hamas with an extremely accurate description of what would happen, but decided to ignore it and not even strengthen their border defenses. It was in Israels best interest as it would give them an easy reason that would make their people allow them to ramp up the genocide.
Yeah I honestly found the timing of that suspicious given Bibi's trials coming up and plummeting popularity at the time.
I could see the same with 9/11. Various people didn't need to actually be involved with terrorism so much as "let it happen" and plan on how to profit from the response
Valid.
Before 9/11, the Bush administration had several clear warnings that something serious was in the works, and they totally ignored it. It was even put into his daily briefing that Al Qaeda was planning an attack that involved flying planes into buildings, but it was later speculated that bush probably never even saw it, since he often skipped reading his morning briefings.
If they had stopped to consider it, they would have realized that they had been receiving reports from flight schools of Arab students wanting to learn to steer planes in flight, but not take off or land, and one guy already in custody. Just a little bit of investigation would have exposed the whole thing.
But they wanted a Middle Eastern conflict, so all of it was ignored, with easily predictable results.
A False Flag event? Not by precise definition, but essentially the same thing.
La Notte nel Cuore, anticipazioni puntata del 9 novembre 2025: Melek sconvolta dall’arrivo del padre Halil
Le anticipazioni della trentaduesima puntata La Notte nel Cuore accendono il prime time di domenica 9 novembre 2025 su Canale 5. In Cappadocia torna Halil, il padre naturale dei gemelli Nuh e Melek: un arrivo che riapre ferite antiche proprio mentre si tenta di sancire la pace tra famiglie. Ecco cosa vedremo negli episodi 1×81 (2ª parte), 1×82 e 1×83.
LEGGI LE ANTICIPAZIONI: La Notte nel Cuore, anticipazioni puntata del 9 novembre 2025: Melek sconvolta dall’arrivo del padre Halil
Anticipazioni La Notte nel Cuore: domenica 9 novembre 2025: arriva Halil e cambia tutto
Anticipazioni La Notte nel Cuore trentaduesima puntata del 9 novembre 2025: Halil torna in Cappadocia, Cihan scarcerato, cena di armistizio e nuove tensioni.Redazione (Atom Heart Magazine)
Environmental treaties are paralysed — here’s how we can do better
On 15 August in Geneva, Switzerland, a fifth round of negotiations towards a multilateral treaty on reducing plastic pollution collapsed. The chair announced that the committee had concluded its work — without producing a draft treaty. Governments had failed to agree on the proposed articles of the convention; no further negotiations were being suggested.This failure reveals a weakness in all environmental treaty negotiations, whether new or existing ones: a consensus-driven process waters down action to the lowest common denominator. Only symptoms get addressed, not causes.
Environmental treaties are paralysed — here’s how we can do better
The collapse of talks about a UN plastics treaty is the wake-up call we didn’t need. It’s time to study what is going wrong and why.Bridgewater, Peter
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This article is more relevant in the context of the latest declarations of Antonio Guterrez:
theguardian.com/environment/20…
Se the dabate here:
slrpnk.net/post/29426682
‘Change course now’: humanity has missed 1.5C climate target, says UN head
‘Change course now’: humanity has missed 1.5C climate target, says UN head
Exclusive: ‘Devastating consequences’ now inevitable but emissions cuts still vital, says António Guterres in sole interview before Cop30Wajã Xipai (The Guardian)
Global Funds Exit China Real Estate Amid Steep Losses and Distressed Sales As Oversupply Expected to Take Years to Be Absorbed
cross-posted from: lemmy.sdf.org/post/44824942
ArchivedForeign investors who once saw China’s booming property market as a sure bet are now facing some of their biggest losses in decades. What was once a $140 billion push into Chinese real estate has turned into a wave of distressed sales and write-downs, with global players scrambling to offload assets at steep discounts.
[...]
Their retreat is adding fresh pressure to China’s already struggling property market, a sector that plays a huge role in the country’s economy.
[...]
Distressed sales — where owners sell under pressure from debt or defaults — hit 114 billion yuan (S$20.78billion) across 2023 and 2024, a record 22% of all transactions, Bloomberg Intelligence data shows.
[...]
All Sectors, One Struggle
The downturn is hitting nearly every corner of the commercial property market.
In logistics, once considered a bright spot thanks to the e-commerce boom, supply has outpaced demand. Even giants like Blackstone have started to sell. Earlier this year, it sold three logistics parks in southern China to a local insurance company for about 2.7 billion yuan.
[...]
Even distressed-debt specialists like Oaktree Capital have had difficulty turning a profit.
In 2021, Oaktree seized control of Evergrande Venice on the Sea, a sprawling resort development in Jiangsu province, after the troubled developer defaulted on a $400 million loan. The project — envisioned as a Chinese version of Venice — included canals, a grand hotel, and a conference center modeled after the U.S. Capitol.
Oaktree has since restarted construction and handed over some homes to buyers, but sales remain sluggish. Apartments that once fetched up to 10,000 yuan per square meter in 2019 are now advertised at less than half that price.
The pain may not be over. Analysts warn that it could take years for the oversupply of commercial buildings to be absorbed. Rents in China’s office market fell nearly 7% in 2024 — the sharpest drop on record — and CBRE expects no meaningful recovery in new supply until at least 2028.
[...]
“Global institutions are increasingly taking the view that this market won’t recover soon,” said Wilson. He expects office rents to keep falling through next year, and predicts that the nominal value of buildings in 2030 will still be below 2020 levels.
[...]
Israeli PM Benjamin Netanyahu orders immediate 'powerful' strikes on Gaza
Israeli PM Benjamin Netanyahu orders immediate 'powerful' strikes on Gaza
Israeli Prime Minister Benjamin Netanyahu ordered the country's military to launch "powerful" airstrikes on Gaza on Tuesday, imperiling the fragile U.S.-brokered ceasefire.Omer Bekin (NBC News)
Good thing those jeenius Americans didn't vote the alternative candidate who was SO much worse at controlling Israel, huh?
/s for those assholes with voter's remorse still looking to justify their choice with another strawman
Let’s use a school bully allegory to see how bad it is.
Big Bully has been stealing lunches and sitting on Little Billy since Big Bully moved into town. Little Billy kicks his shin and steals a nickel and hides it. Big Bully retaliates by pulling off Little Billy’s fingernail and promises to stop if he gets his nickel back. Little Billy complies; Big Bully continues pulling the next fingernail.
All of the teachers are watching horrified, but the superintended is Big Bully’s parent.
Live Updates: Hurricane Melissa, With Catastrophic Winds, Makes Landfall in Jamaica
October 28, 2025
[Shareable NYT NewYorkTimes article]
The Category 5 storm’s slow pace could have devastating effects. Jamaican officials said many residents had refused to evacuate, and one minister warned, “This is not the time to be brave.”
[Guide / Blog Post] Automatic backup with borg and borgmatic
I was quite busy the past couple of days, but I finally managed to finish my mail-server migration.
And since I decided to also upgrade my old backup solution from the ancient times, I also wrote a guide for my new borgmatic based solution, which I now want to share with you guys.
I hope it helps some of you with your server backups.
Let The Borgs Do It
Automatic, Deduplicated, Compressed Backup with Borg and BorgmaticGibdos (Gibdos Talks FOSS)
Oil and gas trumps climate action in brutal Canadian federal budget
Mrkawfee
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in reply to comeonitsnotlike • • •I think this is gonna fail spectacularly if that's what they hope to achieve.
The rest of the world exists and is against it. The EU, Russia, China, the rest of the Muslim world, i.e. all of the counties around Gaza and elsewhere are all against it.
There's no way for them to succeed without destabilising the middle east further and going into bigger wars with the Muslim countries and face all kinds of sanctions from the rest of the world.
mrdown
in reply to falseWhite • • •falseWhite
in reply to mrdown • • •Do you really think Russia and China and all the Muslim countries would be okay with this land grab by the USA in the middle east?
Russia and China were even bigger trading partners with the USA. But that didn't stop Russia invading Ukraine. Or USA and China starting a trade war.
"China rejects Trump's plan to ‘take over’ Gaza, displace millions of Palestinians"
aa.com.tr/en/americas/china-re…
"Trump's Gaza plan sparks global outrage, with Hamas, PLO, Russia, and world leaders condemning it."
tribune.com.pk/story/2526669/g…
"The European Union said on Wednesday that it acknowledged US President Donald Trump's comments on wanting to "take over" of Gaza but insisted its commitment to a two-state solution."
dw.com/en/middle-east-trumps-g…
Middle East: Trump's Gaza takeover remarks met with backlash
Deutsche Wellemrdown
in reply to falseWhite • • •You still believe empty condemnations? Not a single country said what happen if Israel ignore those condemnation
Unfortunatly they don't care. Gaza is not Iran who control the straight of hurmuz which would hurt China and Russia a lot if it fsll under the usa and Israel
Israel already stated multiple time the intention of full extermination of gaza so where is the Russian and China economical sanctions on Israel. Why the arab keep having secret relation with the terrorist state of Israel?
The EU is also bullshitting where are the sanctions on the state of Israel? Why germany, french , the UK still sell weapons to Israel?
Here the latest betrayal of an arsb country
thecradle.co/articles/israeli-…
Israeli weapons firm opens first UAE branch
thecradle.comrdown
in reply to solo • • •