Article
China Extends Mortgages To 40 Years, But Homebuyers Remain Reluctant To Borrow
China Extends Mortgages To 40 Years, But Homebuyers Remain Reluctant To Borrow
Authored by Michael Zhuang via The Epoch Times,
China's decision to extend the maximum term for individual home mortgages from 30 years to 40 years has received a lukewarm response from homebuyers.
Residential buildings under construction by Chinese real estate developer Vanke in Hangzhou, in eastern China's Zhejiang province on May 9, 2024. STR/AFP via Getty ImagesSeveral major Chinese banks moved quickly to offer 40-year mortgages after the policy took effect, with some advertising approval times as short as 15...
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Oct 12, 2026 / Tyler Durden
AI Strikes Again - Getty Images Heads For Chapter 11 Bankruptcy
AI Strikes Again - Getty Images Heads For Chapter 11 Bankruptcy
Getty Images' photo, video, and illustration licensing business to news outlets, advertisers, and businesses faces a quick death from AI.
Chatbots let users create visual content at a fraction of the cost of licensing, and Getty shares have collapsed since ChatGPT's launch in late 2022, coinciding with a surge in AI news coverage and the growing adoption of chatbots for professional and personal use.
And now, Bloomberg reports that Getty plans to file for a prepackaged Chapter 11 restructuring in the coming...
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Jul 29, 2026 / Tyler Durden
Why, Oh Why Do They Do This?
Why, Oh Why Do They Do This?
Authored by Steve Watson via Modernity News,
Viral footage circulating online shows a British man methodically working his way along the streets of his own city with a wheeled bin and litter picker, clearing the rubbish left by others. He is not being paid and not making a political point. He is simply trying to prevent the area from descending into a tip.
Remarkably, as he works, foreign shopkeepers and residents repeatedly emerge from their premises to instruct him to clear the mess outside...
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May 10, 2026 / Tyler Durden
Iran Responds To US Peace Proposal, While Threatening 'Decisive' Strike On UK, French Warships If They Approach Strait
Iran Responds To US Peace Proposal, While Threatening 'Decisive' Strike On UK, French Warships If They Approach Strait
Summary
Iran warns of 'decisive, immediate' response to British or French warships approaching Hormuz Strait.
Iran responds Sunday to US peace proposal, finally submitting something official to Pakistan. Details not initially disclosed. Trump TS: Iran "playing games with the United States."
IRGC new warning: will unleash "heavy attack" on US bases in region if more Hormuz aggression persists.
The still not publicly seen Supreme Leader has met with a top Iranian military commander to talk 'readiness' against...
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