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The Intelligence from The Economist

Pier pressure: a visit to Gaza’s aid platform

Jun 26, 2024
28:11
Snipd AI
Exploring the challenges of aid distribution in Gaza through a newly built pier, rising house prices after years of decline, and the quirky Savannah Bananas baseball team with lessons for major leagues.
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Podcast summary created with Snipd AI

Quick takeaways

  • Global house prices are unexpectedly resilient with a 3% average rise, driven by factors like fixed-rate mortgages.
  • The Savannah Bananas baseball team merges acrobatics, comedy, and theater with baseball, attracting a younger audience and showcasing lessons for Major League Baseball.

Deep dives

Resilience of Global House Prices

House prices have shown unexpected resilience globally, with an average rise of 3%. Despite initial fears of a decline, factors like fixed-rate mortgages have cushioned the impact of rising interest rates. Countries like the US, Australia, and Portugal have seen notable price growth, challenging prior assumptions.

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