Young people return to their parents’ homes in the US due to COVID-19


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This article was translated from our Spanish edition using AI technologies. Errors may exist due to this process.


This story originally appeared on Alto Nivel

By Antonio Sandoval

For the first time in nine decades , young adults have returned to parental homes at a rate not seen since the Great Depression era of the 1930s , according to an analysis by the Pew Research Center with data from the United States Census Bureau.

The obvious cause was the loss of job or decrease in income that the pandemic brought with it. According to the source, at the end of July the total number of young adults who lived with one of their parents or with both grew to 26.6 million , which meant an increase of 2.6 million compared to February , just before the devastating impact of the pandemic in the world’s

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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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Waiting For The Return Of Foreign Real Estate Buyers

The coronavirus pandemic has dramatically affected the Cypriot real estate market. The sector has traditionally been highly dependent on foreign buyers, especially in recent years due to the impact of the ‘golden passports’ investment program.

As shown in the semi-annual report of Pandora Investments Public, sales during the pandemic amounted to approximately $41 million, compared to $62.4 million in 2019. Pandora is a part of Leptos Group, one of the largest land developers in Cyprus.

Similarly, the gross sales of Aristo Developers Ltd, declined by 69% between January-June 2020, compared to the same period in 2019. The decline was “primarily due to the worldwide travel restrictions imposed following the COVID-19 pandemic which made it impossible

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Red Flag Fire Warning Conditions Return; 293 Homes, 272 Commercial Buildings Destroyed; Chance Of Rain Next Weekend

ST. HELENA (CBS SF) — An intense air war was waged on the north edge of the Glass Fire burn zone Saturday, allowing weary firefighters to extend containment of the massive blaze burning in Sonoma and Napa counties to 15 percent before red flag fire conditions settled in for the night.

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Cal Fire Operations Chief Mark Bruton said during his Saturday night briefing that air support was playing a key role on the northern edge of the blaze burning in steep terrain toward Lake County.

“It’s really steep, heavy terrain, we have some control lines in there but we have a bit of a lack of resources to really work in that kind of terrain,” he said. “We used aircraft to really pound it today. We dropped a lot of retardant to help slow the advance of the fire.”

Meanwhile, weather forecasters were keeping on an eye on

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Children whose homes burned down in wildfires struggle to return to online schooling

The Pearl Hill fires burned down several homes in Bridgeport, seen Sept. 10. (Amanda Snyder / The Seattle Times)
The Pearl Hill fires burned down several homes in Bridgeport, seen Sept. 10. (Amanda Snyder / The Seattle Times)

Monserrat Gildo and her 11-year-old sister Citally were already grappling with a rocky start to the school year: Bridgeport, like most other districts in Washington, began the school year online.

Then came the Pearl Hill wildfire.

Police slipped warning letters under doors and told people to leave. On Labor Day, 15-year-old Monserrat and her family evacuated as fire tore through the Douglas County town, turning homes, barns and cars to ash. But for a few items, “everything my parents worked for was lost,” said Monserrat, who goes by Monse. “Everything just got burned down.”

Suddenly children here are reeling from two crises: a world upended by a global pandemic and housing insecurity in the wake of environmental disaster. After the fire cleared, most Bridgeport residents were without water, electricity or internet

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