The firm’s nontraded real estate income trust, BREIT, was a big success until the turmoil of 2022. When redemption requests mounted, the firm limited them, raising a raft of issues, from fears of outflows to regulatory scrutiny.
PBS NewsHour – New York Times columnist David Brooks and Washington Post associate editor Jonathan Capehart join Judy Woodruff to discuss the week in politics, including how a win in Georgia expands Democrats’ majority in the Senate despite the loss of a party member in Arizona and the release of wrongly detained basketball superstar Brittney Griner.
U.S. officials say Moscow had been pushing for the release of a Russian assassin being held in Germany before finally agreeing to release Ms. Griner for Viktor Bout, a Russian arms dealer.
Senator Kyrsten Sinema’s announcement that she would become an independent left Democrats in her state, many of whom have long wanted to defeat her in a primary, facing a new political calculus.
Papua New Guinea, in the southwestern Pacific, encompasses the eastern half of New Guinea and its offshore islands. A country of immense cultural and biological diversity, it’s known for its beaches and coral reefs. Inland are active volcanoes, granite Mt. Wilhelm, dense rainforest and hiking routes like the Kokoda Trail. There are also traditional tribal villages, many with their own languages.
World Economic Forum (December 9, 2022) – This week’s top stories of the week include:
0:15The world’s most expensive cities – This list of the most expensive cities is based Worldwide Cost of Living 2022 report that compares 200 products and services in more than 170 cities. Prices in big cities have risen by an average of 8.1% in the past year. Their fastest rise for 20 years. Driven by the knock-on effects of the pandemic and Russia’s invasion of Ukraine, some of these most expensive cities have high wages and taxes, while another has an average rent of about 92% of the median worker’s pre-tax salary. Watch to know which cities are the most expensive to live in.
1:36The era of the megalopolis has begun – Today 60% of people live in urban areas, and by 2100 it’s forecast to be 85%. We are entering the era of the megalopolis. Cities around the world are merging as they grow and spread, forming supercities connected by urban sprawl. The largest megalopolis is in China – it’s known as the Greater Bay Area. But what are megapolis?
2:53Scientists develop a universal flu vaccine – Scientists have developed a universal flu vaccine. It’s effective against all 20 known strains of flu and could help us fight off dangerous new strains before they develop into a pandemic. The new vaccine could be in use within 2 years.
3:53This device will heat our homes sustainably – Heat pumps run on electricity rather than fossil fuels and are 3 times more efficient than gas boilers. They capture thermal energy from the air outside and use that energy to warm your home.
Wall Street Journal – China’s first homegrown narrow-body jet is looking to compete with Western giants like Boeing. WSJ unpacks the design and technology of Comac’s C919 and the 737 MAX 8 to see how China’s deep reliance on foreign parts could stymie Beijing’s ambition to succeed.
The Local Project – The Cutting by Small and Ample is a DIY pre-fab tiny home that encompasses sustainable living. Designed to shatter the idea that small homes cannot be generous, Aaron Shields, Director at Ample, and aspiring architect Nick Lane collaborate on The Cutting, a DIY pre-fab tiny home.
Video timeline: 00:00 – Introduction to the DIY Tiny Home 00:36 – The Brief – Small but Generous 00:54 – Situated on a Patch of Farmland with Views of The Cutting 01:11 – A Tour of the Tiny Home 02:30 – The Challenges in Designing a Small and Transportable Home 03:14 – A Reclaimed and Recycled Material Palette 03:35 – Textural Materiality 03:52 – The Aussie Shed
Promoting a better future with the idea that less is more, the designers have provoked others to think outside the box when crafting residential projects. Looking over The Cutting, an area where the sea cuts into the sand dunes, the home provides plentiful living within its 30 square meters. The house tour of the small home begins at arrival, with basalt pavers that lead up towards the DIY pre-fab tiny home. A set of steps – made from cow trough supports, reclaimed hardwood and perforated mesh salvaged from an old farm shed on the property – brings the occupants to the front door that pivots into the passive house.
Once inside, the kitchen, dining and living spaces are infused with warm timbers and bamstone cobbles, which together pare back the interior and tie the cabin into the surrounding landscape. At the south-western end of the DIY pre-fab tiny home, a double-glazed and steel window section with operable awnings allows for cross flow ventilation throughout the small home. Up on the mezzanine level, a study nook has been inserted into the floor and blurs the connection between upstairs and downstairs.
To cooperate with Victorian road rules, Aaron and Nick needed to design to specific dimensions in order to make the DIY pre-fab tiny home transportable. After collapsing the roof by 1500 millimetres, the small home can then be moved to its new location and settled on the land. With a hope to change the perception surrounding how homes can contribute to sustainability agendas, the designers use reclaimed materials. By doing so, every piece of furniture within the DIY pre-fab tiny home is built from reclaimed wood.
The floor is recycled iron bark, while many of the other timber elements have been sourced from other structures. Futhermore, the designers have championed the idea of the Australian shed with the use of timber and metal on the exterior, reflecting the history of the landscape. Overall, Aaron and Nick have created a modest home with an unexpected perceived spatial generosity that celebrates the value of materials.
December 8, 2022: The Parthenon Marbles; it has emerged that George Osborne, the former UK chancellor and now chair of the trustees of the British Museum, has been holding talks with the Greek government about the ancient sculptures.
So might this lead to a breakthrough in the long-running dispute over their ownership? Ben Luke speaks to Yannis Andritsopoulos, the reporter for the Greek newspaper Ta Nea who broke the story. In Afghanistan, it is more than a year since the Taliban reclaimed power—so what has become of the heritage projects and art community in the country, which is consumed by a devastating humanitarian crisis?
We hear from Sarvy Geranpayeh, who has regularly reported from Afghanistan for The Art Newspaper, about art and archeology under the Taliban. And this episode’s Work of the Week is a group of five murals by the German-born US artist Kiki Smith. The works are about to be unveiled at Grand Central Madison, the new Long Island Rail Road terminal below Grand Central on Madison Avenue, Manhattan. Smith tells us about the origin and development of her series of vast mosaics.
London Review of Books (LRB) – December 9, 2022: Among the Ancients, with Emily Wilson and Thomas Jones, which we’ll be re-running from January next year. With a new episode each month, Among the Ancients will consider some of the greatest works of Ancient Greek and Roman literature, from Homer to Horace. In this sample Emily and Tom discuss the Iliad.
A sample from the first episode of the Close Readings series from Emily Wilson and Thomas Jones.
Dating to the ninth century B.C., Homer’s timeless poem still vividly conveys the horror and heroism of men and gods wrestling with towering emotions and battling amidst devastation and destruction, as it moves inexorably to the wrenching, tragic conclusion of the Trojan War. Renowned classicist Bernard Knox observes in his superb introduction that although the violence of the Iliad is grim and relentless, it coexists with both images of civilized life and a poignant yearning for peace.
News, Views and Reviews For The Intellectually Curious
Boomers Daily 