In order for economic activity to rebound in China, Richard Koo, chief economist at Nomura Research Institute, emphasized the need for a convincing narrative that home prices are on the rise. This sentiment is crucial for boosting business and consumer confidence, particularly in terms of new loan applications. The current trend of declining home prices,
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In a recent ruling by a Tennessee judge, it was determined that Memphis Grizzlies star Ja Morant acted in self-defense when he punched a teenager at his home in July 2022. The incident occurred during a pickup basketball game, where the teenager, Joshua Holloway, threw a pass at Morant’s face, leading to the altercation. Morant
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Senator Bob Menendez raised concerns about illegal finance practices and the exploitation of the U.S. litigation finance industry by foreign actors during a Senate Banking Committee hearing. He highlighted the issue of Russian billionaires with ties to President Vladimir Putin funding bankruptcy lawsuits in New York, despite being sanctioned after the invasion of Ukraine. Additionally,
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George Lucas is set to receive the Honorary Palme d’Or at the closing ceremony of the 77th Cannes Film Festival on May 25. The prestigious festival expressed its delight in honoring one of the greatest figures in contemporary cinema, highlighting Lucas’s extraordinary career that blends entertainment with innovation, mythology with modernity, and cinephilia with technology.
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