Politics: The Guardian Weekly – May 10, 2024

The Guardian Weekly (May 8, 2024) – The new issue features ‘Nowhere to call home’ – Inside Europe’s housing crisis…

Elections for the European parliament are less than a month away and far-right parties are predicted to make significant gains in many of the bloc’s 27 member states. The dire shortage of housing, leading to rising rents and property prices, is becoming a unifying focus for voters’ discontent with their current political leaders.

The issue has sparked protests from Amsterdam to Prague and Milan, as the Guardian’s Europe correspondent, Jon Henley, reports. The data is undeniably worrying as young Europeans spend up to 10 times an average salary on rent and mortgage payments, and big cities from the Baltic states to the Iberian peninsula have registered average property price rises of close to 50%. As a result more EU residents live with their parents for longer and put off life-decisions later into adulthood.

While housing does not fall within MEPs’ remit, it is a visible locus for the sense of social unease that has beset the whole bloc and has become a pivot for the far right to turn on racialised minorities. But as European community affairs correspondent Ashifa Kassam discovers, it is those communities that are doubly penalised through discrimination from landlords who, research has shown, turn away potential renters with “foreign” surnames. The political and social ramifications of the housing crisis in Europe is mirrored elsewhere across the globe and is a subject we will return to in the Guardian Weekly in this year of elections.

Report: “Deglobalization Of Finance” – May 11, 2024

Special reports: Worlds apart

The Economist SPECIAL REPORTS (May 8, 2024): The ‘Deglobalization of Finance’ issue features

Worlds apart

The American-led financial order is giving way to a more divided one

Ten years ago your correspondent was fidgeting nervously in a meeting room at vtb Capital, the investment-banking arm of Russia’s second-biggest bank, just across the road from the Bank of England. During the recruitment process for a graduate job, things had taken a worrying turn. A Russian missile had shot down mh17, a passenger flight from Amsterdam to Kuala Lumpur, while it was passing over Ukraine. Plenty of Russian firms were already under Western sanctions owing to the annexation of Crimea earlier that year. Now sanctions were being ramped up, and vtb Capital’s parent bank was a prime target. Hence the fidgeting: how to ask the slightly alarming man across the table whether there would even be a vtb in a few months’ time?

The global financial system is in danger of fragmenting

How crises reshaped the world financial system

The movement of capital globally is in decline

National payment systems are proliferating

The fight to dethrone the dollar

How the financial system would respond to a superpower war

Sources and acknowledgments

Research Preview: Nature Magazine – May 9, 2024

Volume 629 Issue 8011

Nature Magazine – May 8, 2024: The latest issue cover features ‘ Oil Change’ – Plotting a course towards fossil-free refineries…

What China’s mission to collect rocks from the Moon’s far side could reveal

The Chang’e-6 mission aims to land in the Moon’s oldest and largest crater, where it will collect rocks to bring back to Earth.

First fetus-to-fetus transplant demonstrated in rats

The tissue developed into functioning kidneys and produced urine

Superconductivity hunt gets boost from China’s $220 million physics ‘playground’

From extreme cold to strong magnets and high pressures, the Synergetic Extreme Condition User Facility (SECUF) provides conditions for researching potential wonder materials

Arts/Books: Times Literary Supplement – May 10, 2024

Times Literary Supplement (May 8 2024): The latest issue features ‘Reverie and revolution’ – Ian Penman on Surrealism; Crime fiction gets political; Scorsese’s English masters, women pianists and more….

News: Israel Seizes Rafah In Gaza, Russia Nuclear Drills, Xi Jinping In Serbia

The Globalist (May 8, 2024): We get the latest on the Rafah crossing as Israel and Hamas continue negotiations.

Then: Russia is ready to hold nuclear weapons drills, China’s Xi Jinping touches down in Belgrade and we speak with Neil J Young about his new book ‘Coming Out Republican’. Plus: fashion news and the economics behind doner kebabs in Germany.

The New York Times — Wednesday, May 8, 2024

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Stormy Daniels, Who Told of Sex With Trump, Returns to Stand on Thursday

The porn star at the center of the ex-president’s criminal trial testified about their encounter at a golf tournament in 2006, a meeting that could shape American history.

Israeli Tanks Enter Rafah as Cease-Fire Talks Resume in Cairo

An Israeli incursion into the southern Gaza city did not appear to be the long-anticipated, full-scale invasion of the city, home to about a million displaced Palestinians.

Biden Condemns a ‘Ferocious Surge’ of Antisemitism in the United States

President Biden’s speech at a Holocaust remembrance ceremony came during weeks of protests on U.S. college campuses against Israel’s war in Gaza.

The New Players in Brazilian Politics? Elon Musk and Republicans.

The billionaire businessman and House Republicans have given new life to former President Jair Bolsonaro by attacking Brazil’s Supreme Court.