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What are the main trends in the US and UK housing markets right now?
The US housing market is experiencing a slowdown, with home prices declining in major cities due to rising inventory and economic uncertainty. Conversely, the UK market saw a slight rebound in July, supported by increased mortgage lending and better affordability. These contrasting trends are influenced by regional policies, economic conditions, and regional disparities, making the housing landscape quite different across the Atlantic.
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How are autonomous vehicle companies expanding in Europe?
Lyft and Baidu are planning to deploy autonomous robotaxis in Germany and the UK starting in 2026, pending regulatory approval. This move marks a significant step for Chinese companies entering the European market, competing with US firms like Waymo. The expansion reflects a global race to dominate autonomous mobility, with plans to scale fleets to thousands across Europe.
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What’s happening with education and talent in Hong Kong and the US?
Hong Kong continues to focus on high exam scores, especially in medicine, while students are increasingly choosing majors with better job prospects like AI and engineering. Meanwhile, US universities are tightening policies on international students, especially Chinese nationals, due to geopolitical tensions and security concerns. These shifts are reshaping global education flows and talent pipelines.
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What’s the latest on Trump’s Scottish golf resorts?
Donald Trump is working to restore Turnberry as a major golf venue amid political and infrastructural challenges. His family is also expanding their Scottish resorts, with discussions about hosting The Open and strengthening trade ties with the UK. These efforts highlight ongoing tensions and opportunities in Trump’s Scottish investments, amid broader political debates.
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How is China addressing its declining birthrate?
China has introduced a nationwide child subsidy of 3,600 yuan annually for children under three, aiming to boost fertility rates. This is the first universal cash handout by the government, part of a broader effort to counter demographic decline after years of population decrease. Experts believe subsidies alone may not reverse the trend, but they signal a shift in policy focus.
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Are there any major international policy shifts happening today?
Yes, recent headlines highlight significant policy changes, including China's new child subsidy, US and UK housing market adjustments, and international expansion plans by autonomous vehicle companies. These shifts reflect broader economic, social, and geopolitical trends shaping the global landscape today.