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Lifestyle

Australian House Prices Fall for Seventh Straight Month in Fastest Decline in 40 Years: November 1, 2026

Australian home values fell for a seventh consecutive month in October, with the pace of decline the fastest in at least 40 years, according to property research firm Cotality.

Cotality’s national Home Value Index fell 1.2 percent in October and is now 6.7 percent below its March peak, a drop of about A$63,400 for the median dwelling, which now stands at A$884,855. Capital city values are down 8.1 percent in seven months, close to the record 8.2 percent fall of 2017 to 2019, ABC News reported.

“This is really a demand-led downturn,” said Cotality head of research Gerard Burg, pointing to higher interest rates that have cut borrowing capacity and raised mortgage repayments, as well as weaker investor demand after federal budget changes to property tax breaks.

Sales over the past three months were 23 percent lower than a year earlier. Auction clearance rates in the combined capitals are running below 50 percent, the median time on market of 39 days is the longest since August 2020, and vendor discounting of 4.7 percent is the largest since May 2019.

Burg said buyers were likely to hold back until the Reserve Bank of Australia signals a change in direction on rates, which he does not expect until the latter half of 2027.

Sources: ABC News (Australia)

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Congo Ebola Death Toll Passes 5,000 as Africa CDC Warns ‘No One Is Safe’: October 31, 2026

KINSHASA — The death toll in the Democratic Republic of Congo’s Ebola outbreak has passed 5,000, according to the latest report from the country’s public health institute, as confirmed cases topped 10,000 this week.

“No one is safe today,” Dr Jean Kaseya, director-general of the Africa Centres for Disease Control and Prevention, said in an interview, warning of “massive” spread into more countries and even other continents without more international support, CBC News reported.

The outbreak, caused by the Bundibugyo strain, for which there is no approved treatment or vaccine, is Congo’s largest ever and the second-largest Ebola outbreak on record, behind only the 2014–2016 West Africa epidemic, which infected more than 28,000 people.

Cases have also appeared in Uganda, Kenya and Nigeria. Kaseya said that if the outbreak continues at its current pace, “in one year we’ll have more than what West Africa had in two years and a half.”

Sources: CBC News, Africa CDC

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Sydney Airport Delays After Air Traffic Controller Shortage: September 11, 2026

A shortage of air traffic controllers caused cancellations and major delays at Sydney Airport on Friday morning, Airservices Australia said, the latest disruption at the country’s busiest hub amid probes into recent near-misses.

About 14 inbound flights were cancelled and delays exceeded one hour after unplanned absenteeism left the tower short-staffed, Deputy Chief Executive Peter Curran told a Senate committee. Flow-management measures were lifted at 8:15 a.m. local time; minor delays lingered into the morning before schedules recovered in the afternoon.

Of 49 controllers employed in Sydney, 41 are needed for full operations. Eight have been on long-term absence, Curran said, leaving little buffer. The agency said it is recruiting and making it easier to call in extra staff.

Last week Reuters reported that controllers on duty during a July near-collision involving two Qantas aircraft had been flagged for high fatigue risk. That incident was the first of six near-misses at Sydney in about a month; the Australian Transport Safety Bureau is investigating.

Sources: Reuters

UK Airports Near Normal After NATS Outage Cancels 2,000 Flights: September 10, 2026

LONDON — Operations at Heathrow, Gatwick, Stansted and Manchester were largely back to normal on Thursday after a National Air Traffic Services systems failure cancelled about 2,000 UK flights and left hundreds of thousands of passengers stranded earlier in the week, Reuters and British outlets reported.

The hours-long Tuesday outage hit NATS’ flight-processing system — the second major failure in three years. Cirium counted roughly 2,000 affected arrivals and departures across Tuesday and Wednesday. British Airways cancelled hundreds of flights; Ryanair estimated early losses around £3 million after cancelling 260 flights.

Transport minister Heidi Alexander summoned NATS CEO Martin Rolfe, told Parliament she did not believe the disruption was unavoidable, and said she did not think it was a cyberattack. The government gave NATS a week to report back and ordered a separate Civil Aviation Authority review due in six months.

Ryanair CEO Michael O’Leary called the episode “an absolute rerun” of 2023 and again urged Rolfe to resign. NATS said the root cause differed from the 2023 rogue flight-plan failure and pledged a full investigation.

The CAA said passengers are unlikely to receive EU261-style cash compensation because the outage likely qualifies as “extraordinary circumstances,” though airlines must still rebook or refund and provide care. Airlines UK warned the episode again left carriers absorbing costs for failures outside their control.

For travelers, the practical update is simpler: check with airlines before heading to the airport, but the immediate wave of cancellations has eased as aircraft and crews are repositioned.

Sources: Reuters; The Independent; BBC

New York Fashion Week Opens Under CFDA’s First Full Fur Ban: September 10, 2026

NEW YORK — New York Fashion Week’s official Spring/Summer 2027 schedule opened Thursday under the Council of Fashion Designers of America’s first full ban on animal fur at official events, after prelude shows from Ralph Lauren and Coach on Wednesday, AFP reported via agency wires and the CFDA schedule.

Henry Zankov presents his first collection as artistic director at Diane von Furstenberg to open the official week, which runs through September 15 and closes with Thom Browne. Roughly 70 runway shows and presentations are listed, with returns including Tommy Hilfiger and Monse.

Ralph Lauren’s Wednesday presentation drew a front row that included Viola Davis, Ariana DeBose and Cynthia Erivo, agency coverage said, underscoring the house’s continuing pull as preppy Americana cycles back through European runways. Coach staged the other major eve-of-week show.

The fur ban, announced by the CFDA in December for this season, arrives as fashion faces sharper scrutiny over materials, waste and climate impact. Brands on the official calendar must comply; the policy does not by itself rewrite off-calendar presentations across the city.

Other Thursday names include Proenza Schouler, Christian Siriano, Tory Burch and Tommy Hilfiger. Michael Kors and Calvin Klein follow Friday, with the Friday start delayed out of respect for the September 11 anniversary.

For editors and buyers, the week’s test is whether New York can set a clear commercial story — debuts, returns and a materials rule — before the calendar moves on to London, Milan and Paris.

Sources: CFDA; AFP/The Star

US Existing Home Sales Fall to 14-Month Low as Mortgages Climb: September 10, 2026

WASHINGTON — U.S. existing home sales fell to a 14-month low in August as rising mortgage rates continued to suppress demand, the National Association of Realtors said Thursday, Reuters reported.

Resales declined 2.0 percent to a seasonally adjusted annual rate of 3.98 million units, matching economists’ forecasts and marking the weakest pace since June 2025. Sales were down 1.2 percent from a year earlier. Closings typically reflect contracts signed in prior months, when the 30-year fixed rate was already climbing.

Freddie Mac data showed the popular 30-year rate averaging about 6.71 percent last week, the highest in more than a year. MBA figures put the rate at 6.85 percent for the week ended September 4. Mortgage costs have risen more than 70 basis points since the U.S. and Israel struck Iran in late February, as oil-driven inflation fears and heavy government borrowing lifted Treasury yields.

“It’s not surprising to see a mild dip in home buying activity due to high mortgage rates,” NAR chief economist Lawrence Yun said. Inventory nonetheless rose 3.2 percent to 1.62 million units — the highest since November 2019 — equating to a 4.9-month supply. The median existing-home price increased 1.6 percent year over year to $429,100.

First-time buyers made up 30 percent of sales, still short of the roughly 40 percent share associated with a robust market. Distressed sales remained low at 2 percent. Regional sales fell in the Northeast, Midwest and South and held steady in the West.

For households, the message is familiar: more listings help shoppers on paper, but monthly payments remain the bottleneck while Middle East risk keeps long-term rates sticky.

Sources: Reuters; NAR; Reuters

Bangladesh Faces World’s Worst Measles Outbreak Near 1,000 Deaths: September 9, 2026

DHAKA — Bangladesh is fighting the world’s largest measles outbreak, with 999 suspected and confirmed measles-related deaths reported since March and more than 166,000 suspected cases, Reuters reported, citing Health Ministry figures and a U.S. CDC outbreak list.

Hospitals are overcrowded as measles coincides with a heavy dengue season. More than 146,000 suspected measles patients have been hospitalised; under-fives accounted for about 80 percent of early cases. Al Jazeera later reported deaths surpassing 1,000 as officials said an emergency drive still missed millions of children.

The crisis follows immunisation disruptions in 2024 and 2025 during political turmoil after the ouster of then-Prime Minister Sheikh Hasina. Health Minister Sardar Md. Sakhawat Husain told parliament procurement changes triggered vaccine shortages, while postponed campaigns left coverage gaps. WHO and UNICEF have highlighted broken routine schedules.

Bangladesh once maintained measles vaccination rates at or above the 95 percent herd-immunity threshold recommended by WHO for much of the past decade. Second-dose coverage fell to about 86 percent last year from 93 percent in 2024, according to WHO/UNICEF estimates cited in wire coverage.

An emergency measles-rubella campaign launched in April targeted roughly 18 million young children; officials say more than 19.7 million have since been vaccinated, yet epidemiologists warn catch-up work remains unfinished. “Bangladesh missed its measles elimination target because of vaccination gaps in 2024 and 2025,” said Professor Mahmudur Rahman, a former disease-control director.

Measles is highly contagious but preventable with two vaccine doses. The outbreak is a reminder that political disruption and supply failures can erase years of public-health gains within a single season.

Sources: Reuters; AP; Al Jazeera

Volkswagen Sets Aside €16 Billion for Job Cuts and Plant Overhaul: September 10, 2026

BERLIN — Volkswagen has set aside roughly €16 billion ($18.6 billion) to fund job cuts and potential plant closures under a landmark restructuring pact approved last week, a person familiar with the matter told Reuters on Thursday.

The figure covers Europe’s biggest carmaker’s costliest overhaul in decades as it confronts Chinese competition, tariffs and surplus factory capacity. German magazine Der Spiegel first reported the earmark; a Volkswagen spokesperson declined to comment on the cost total.

According to the reporting, up to about €10 billion would cover measures such as severance and early-retirement schemes tied to eliminating roughly 60,000 positions over time, while about €6 billion would be reserved for the possible end of vehicle production at four German plants — Emden, Zwickau, Hanover and Neckarsulm — that lack defined model plans for the 2030s. No final closure decisions have been made.

The supervisory board unanimously backed “Future Plan 2030” on September 3, adding tens of thousands of planned reductions on top of cuts already under way since late 2024. Works-council representatives have stressed that compulsory layoffs remain ruled out through 2030 under existing agreements and have framed headcount targets as planning assumptions linked to margin goals.

CEO Oliver Blume has argued the company must slim its lineup, raise efficiency and protect investment capacity even as capital spending plans are tightened. For drivers and dealers, the industrial story is the product pipeline: fewer models, a sharper EV transition and uncertainty for communities built around German assembly plants.

The cost disclosure lands as European auto makers reassess where they can still make money building cars. Volkswagen’s bet is that paying for a smaller footprint now is cheaper than defending overcapacity through the end of the decade.

Sources: Reuters; Financial Post

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