Israel Approves First New Settler Homes Since Suspending Annexation | World News

JERUSALEM (Reuters) – Israel approved more than 1,300 new settler homes in the occupied West Bank on Wednesday in the first such go-ahead since it suspended annexation plans in the territory.

The decision drew an angry response from Palestinians, who seek to establish a state in the West Bank, Gaza and East Jerusalem.

“We urge the international community to intervene immediately to stop this settlement madness, which destroys any chance for a genuine peace process,” said Nabil Abu Rudeineh, a spokesman for Palestinian President Mahmoud Abbas.

The construction could help mute criticism of Prime Minister Benjamin Netanyahu from settler leaders, who are traditional allies.

They had bristled at the annexation suspension that helped pave the way for last month’s deals to forge diplomatic ties between Israel and the United Arab Emirates and Bahrain.

Israel’s West Bank Civil Administration planning committee gave final approval for building 1,313 housing units in several

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It’s the Best, and Worst, of Times for Business in Florida, Survey Finds | Investing News

Reuters

FILE PHOTO: An empty street is seen in Little Havana, Miami, after local authorities restricted the activities of restaurants, bars, gyms, movie theaters and other similar businesses for precaution due to coronavirus disease (COVID-19) spread, in Miami, Florida U.S., March 23, 2020. REUTERS/Carlos Barria/File PhotoReuters

(Reuters) – Florida is one of the five best states in the nation in which to do business, according to a new survey. It’s also one of the five worst, according to the same survey, thanks to COVID-19.

Every three years, Development Counsellors International, an economic development marketing firm, surveys executives to rank business climates in the various U.S. states. For the first time since they began doing the survey in 1996, a single state landed in the top five in both categories: Florida. The DCI report was released on Tuesday.

“The rationale for Florida being on both the best and worst lists was

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Used Vehicles Lift U.S. Consumer Prices, but Inflation Slowing | Investing News

WASHINGTON (Reuters) – U.S. consumer prices increased for a fourth straight month in September, with the cost of cars and trucks rising by the most since 1969, though inflation is slowing amid labor market slack as the economy gradually recovers from the COVID-19 recession.

While the benign report from the Labor Department on Tuesday will have no direct impact on monetary policy, it should allow the Federal Reserve to keep interest rates near zero for a while and continue with massive cash infusions as it nurses the economy back to health.

The U.S. central bank is now more concerned about the labor market and has embraced flexible average inflation targeting, which in theory could see policymakers tolerate price increases above its 2% target for a period of perhaps several years to offset years in which inflation was lodged below its goal.

At least 25.5 million people are on unemployment benefits.

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Oil Prices Steady Amid Return of Supply, While COVID-19 Lockdowns Tighten | Investing News

MELBOURNE (Reuters) – Oil prices were steady in early trade on Tuesday, sitting on losses of nearly 3% from the previous session after supplies began to resume in Norway and the U.S. Gulf of Mexico and Libya resumed production at its largest oilfield.

The return of supply comes as resurgent COVID-19 infections in the U.S. Midwest and Europe raise worries about fuel demand growth, posing a challenge for the Organization of Petroleum Exporting Countries and its allies, together called OPEC+.

OPEC+ has curbed supply to help shore up oil prices amid coronavirus pandemic, with cuts of 7.7 million barrels per day due to hold through December. The producers’ market monitoring panel is due to meet next Monday.

“It won’t be a huge surprise if finally the alliance decides to address the worsening situation and amend its action,” Rystad Energy’s head of oil markets, Bjornar Tonhaugen, said in a note.

U.S.

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Fall Parade of Homes highlights broad range of locations, styles and price points | Business News

Built on a 1.5-acre lot with panoramic views of rural Dane County, the $1.04 million home has five bedrooms, 4.5 baths and 5,200-square-feet of living space. The outside entryway is framed with 12 inch by 12 inch beams of Douglas fir, a bar in the basement is accented with two-inch-thick shelves made from cherry while beams on the living room ceiling are stained to match those on the entryway. The home offers up an elegant but clean and functional design from Bouril Design Studio, an architectural firm in Madison.



Fall Parade of Homes

Offices are popular among those considering a new home. Jason Kratochwill, founder of Jason Thomas Homes, has two offices in his home, which is part of the Madison Area Builders Association’s Fall Parade of Homes.




“What we’re seeing trend-wise in the market is a lot of modern takes on traditional styles,” Kratochwill said. “So, in this case,

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Worcester Living: With flourishing Broken Creek Vineyard & Winery up for sale, Shrewsbury couple ready for their next adventure – News – telegram.com

For area wine lovers, Broken Creek Vineyard & Winery in Shrewsbury is a hidden gem — the perfect destination for visitors to experience something unique.

Eric and Peggy Preusse bought the property in 2010 and established the 40-acre vineyard and boutique winery in 2015, adding an addition and expanding the winery in 2017.

Luckily for wine drinkers, this small winery has continued in business in a world turned upside down by the COVID-19 virus. News that the couple put the business up for sale is a mix of sadness and joy. The property (saltbox house and winery) listed at $3.35 million in May.

The couple originally bought the property with the idea of having a small winery and selling wine locally. “We never expected it would be so successful,” said Preusse.

The decision to sell the property was a tough one, he said, but the couple had promised each other

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Japan September Wholesale Prices Slump, Heightening Deflation Risk | Investing News

TOKYO (Reuters) – Japanese wholesale prices fell 0.8% in September from the same month a year earlier, data showed on Monday, marking the seventh straight month of year-on-year declines and heightening the risk the country will slide back into deflation.

Squeezed mostly by soft global demand for commodities and Japanese machinery goods, the weakness in wholesale prices highlights the challenge Tokyo faces in cushioning the impact of the coronavirus pandemic on the world’s third-largest economy.

The 0.8% fall in the corporate goods price index (CGPI), which measures the price companies charge each other for their goods and services, was bigger than a median market forecast for a 0.5% drop. It followed August’s 0.6% year-on-year decrease.

Wholesale prices also slid 0.1% in September from August, marking the first on-month drop in four months, the data released by the Bank of Japan (BOJ) showed.

“With the global economy still reeling from the

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Oil Prices Extend Losses as U.S. Producers Restore Output Post-Hurricane | Investing News

SINGAPORE (Reuters) – Oil prices dropped for a second straight session on Monday as U.S. producers began restoring output after Hurricane Delta weakened, while a strike that had affected production in Norway came to an end.

Brent crude

for December fell 55 cents, or 1.3%, to $42.30 a barrel by 0023 GMT and U.S. West Texas Intermediate

for November was at $40.08 a barrel, down 52 cents, or 1.3%.

Front-month prices for both contracts gained more than 9% last week, the biggest weekly rise for Brent since June, but fell on Friday after Norwegian oil firms struck a wage bargain with labour union officials, resolving a strike that threatened to cut the country’s oil and gas output by close to 25%.

“We had good support for both Brent and West Texas on the back of some supply concerns,” said Michael McCarthy, chief market strategist at CMC Markets in Sydney.

“Given

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‘Johnny A’ stepping down: Serenity Homes celebrates 25 years | Local News

Being a part of Serenity Homes has meant “my life,” said the young man. “Johnny has helped me get back on my feet. He gave me a job (and) self-confidence.”

Today, “I’m feeling excellent,” said Anthony. “I take it day by day and go by faith, not by fear.”

Looking at what Apodaca has built over the past 25 years is inspirational, said Anthony. “I know that if he can do it, I can do it,” he said.

Butch T., another Serenity Homes resident, said that from living in the Napa community his whole life, he knew of Apodaca and the program. So when Butch admitted his own drinking had become a problem, Johnny “graciously provided a safe place for me to be.”

He’s been at Serenity Homes since May 14, said Butch. “Life has definitely taken a turn for the better,” he said. He’s employed and is also now

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Dover Doins: Small cottage homes could help fill a big need – News – fosters.com

There are many discussions about these two words: perception and reality. They came to my mind while reading some reactions shared on social media, particularly about the proposal for 44 single-family “cottages” to be built in Dover. They are described as a cluster of “single family detached cottages” 384 square feet each, with kitchen/living room, bedroom and bath.

The developers are proposing these as addressing need for affordable housing locally.

Let’s talk about living in this modest space and the reaction by many members of the social media. Some yeah, some nay, and of course, as is the nature of the beast, many suggesting changes.

The first qualification popping up is of course, money. Here’s where our first thoughts of perception and reality come in. It is suggested that these homes will be rentals as opposed to purchased units.

The developers suggest $800 to $1,000 per month rent as something

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