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Gregoryrouth

12 Jan 2025 - 11:38 pm

An executive order designed to speed up the rebuilding of lost homes in LA has been put in place by California Governor Gavin Newsom.
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The order suspends Ceqa review and the California Coastal Act, which work to minimise the environmental impact of proposed building projects, as well as suspending some permits in order to make rebuilding quicker and more affordable.

There are also protections against price gouging on services related to the fires such as building materials and storage services.

He says "one thing I won't give in to is delay. Delay is denial for people."
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"The executive order I signed today will help cut permitting delays, an important first step in allowing our communities to recover faster and stronger."

Samuelbeado

12 Jan 2025 - 11:26 pm

Price gouging laws are being ignored by landlords, says estate agent
published at 14:39
14:39
New
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Jason Oppenheim shot from shoulders up, smiling and looking to right
Image source,Getty Images
Let's bring you a bit more about reports of price gouging by landlords in Los Angeles, which we reported on earlier.

Speaking a little earlier on BBC's Sunday with Laura Kuenssberg programme, Jason Oppenheim, a real estate agent in Los Angeles, says some landlords are breaking the law by raising rents more than 10% high than pre-disaster prices.

"We're having landlords taking advantage of the situation," says Oppenheim, who stars in the reality show Selling Sunset about LA's luxury real estate market.

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"There are thousands of people who are displaced...the hotels are overwhelmed," he says.

Oppenheim says he sent a client to a rental property which was listed for $13,000 (?11,000) a month. "(My client) offered $20,000 (?16,400) a month and he offered to pay six months upfront and the landlord said 'no, I want $23,000 (?19,000) a month'," he says.

"There are price gouging laws in California, they are just being ignored right now...it's illegal to take advantage of a natural disaster."


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Jamesimirl

12 Jan 2025 - 11:10 pm

WASHINGTON, Jan 10 (Reuters) - The International Monetary Fund will forecast steady global growth and continuing disinflation when it releases an updated World Economic Outlook on Jan. 17, IMF Managing Director Kristalina Georgieva told reporters on Friday.
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Georgieva said the U.S. economy was doing "quite a bit better" than expected, although there was high uncertainty around the trade policies of the administration of President-elect Donald Trump that was adding to headwinds facing the global economy and driving long-term interest rates higher.
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Michaelspord

12 Jan 2025 - 11:01 pm

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Charlesnople

12 Jan 2025 - 07:23 pm

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12 Jan 2025 - 06:52 pm

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12 Jan 2025 - 04:56 pm

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12 Jan 2025 - 04:56 pm

How Nigeria’s biggest city became the world’s hottest winter party destination
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Detty December is a magical time between December and early January when diaspora communities and tourists flock to Ghana, Nigeria and South Africa for an unforgettable experience filled with flavourful food, soulful African music and sunshine.

Beach parties, festivals and top-tier performances fuel the energy, while fashion takes center stage, with everyone dressing to impress.

Nearly two-thirds of Nigeria’s population is under 25, according to the United Nations Population Fund, making this one of the world’s youngest countries.

Internationally renowned Afrobeats performers and foreign artists make surprise appearances. DJs take to the streets, blasting powerful beats from consoles mounted atop bright yellow minibuses.

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12 Jan 2025 - 10:49 am

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