WASHINGTON (AP) — Back-to-back world leader summits in Europe this weekend will focus on uniting Western nations behind Ukraine in its fight against Russia's invasion and overcoming Turkey's opposition to NATO membership for Finland and Sweden. The Group of Seven leading economic powers — the United States, Britain, Canada, France, Germany, Italy and Japan — are set to hold their annual gathering Sunday through Tuesday in the Bavarian Alps in Germany, which holds the G-7's rotating presidency this year. After the G-7 concludes, leaders of the 30 countries in the NATO alliance will then gather for their annual summit, which is being held Wednesday through Thursday in Madrid. A look at some of the key issues and themes on the table as President Joe Biden prepares to join both summits: UKRAINE UNITY Russia’s war in Ukraine will loom large over both summits as leaders seek to project a united front against Kremlin aggression that has devastated Ukraine and plunged Europe and … [Read more...] about Solidarity behind Ukraine’s Russia fight atop summit agendas
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Older Americans ‘Age In Place,’ Millennials Struggle To Find Homes
0 This post is sponsored and contributed by Personal Finance With more seniors than ever aging in place and choosing not to sell the family home, there is a critical shortage in available properties. Newrez , Brand Partner Posted | Updated Reply (Originally published by Newrez.) With more seniors than ever aging in place and choosing not to sell the family home, an estimated 1.6 million fewer properties are now available in a market already experiencing a critical shortage, according to Freddie Mac. That stay-put trend is crashing into the rising demand for housing from the huge millennial generation: fewer homes for sale will continue to put upward pressure on already overheated home prices. While some homeowners are choosing to age in place, others simply can't afford the high costs of moving. Today's housing market is incredibly pricey, and some can't afford to move into another home, even a smaller … [Read more...] about Older Americans ‘Age In Place,’ Millennials Struggle To Find Homes
Another recession warning: Falling copper prices
A version of this story first appeared in CNN Business' Before the Bell newsletter. Not a subscriber? You can sign up right here . You can listen to an audio version of the newsletter by clicking the same link. New York (CNN Business) Some investors look to copper prices as a bellwether for the global economy. If you're one of them, you have good reason to be worried. What's happening: Copper prices hit 16-month lows on Thursday as traders dumped the metal. They've dropped more than 11% in two weeks. "Copper prices are just starting to account for the fact that global growth is slowing," Daniel Ghali, director of commodity strategy at TD Securities, told me. The metal is used in many construction materials, including electrical wires and water pipes. That means it's often viewed as a proxy for economic activity, since demand tends to heat up when the economy is expanding and cool when it's contracting. It's affectionately referred to as "Dr. … [Read more...] about Another recession warning: Falling copper prices