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Sales of new US homes rebound on tight housing supply
Sales of new US homes rebound on tight housing supply
by  AFP

New home sales in the United States bounced upward in July, as a lack of existing real estate pushes buyers into the market for new builds, government data showed Wednesday. On Tuesday, a separate report showed that sales of existing homes in the United States continued slowing in July as interest rates climb and current home owners find themselves reluctant to put their properties on the market.

Norway opens world's biggest floating wind park
Norway opens world's biggest floating wind park
by  AFP

Norway inaugurated the world's biggest floating wind park in the North Sea on Wednesday, an emerging technology considered promising for the transition from fossil fuels to green energy. Unlike offshore wind turbines that are fixed to the seabed, floating turbines are, as their name suggests, mounted on a floating structure anchored to the seabed.

BRICS leaders to debate expanding membership at summit
BRICS leaders to debate expanding membership at summit
by  AFP

BRICS leaders on Wednesday will debate admitting new members to their five-nation bloc as it pursues a bigger role in shaping world affairs it sees as dominated by western powers. "The world is changing," said South African President Cyril Ramaphosa at the opening of the plenary session of the BRICS on Wednesday.

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