⅔: Ireland is suffering from a serious housing crisis. Rents are so high that some two-thirds of Irish young adults live with their parents, which is nearly 20 points higher than the EU average. Experts blame a failure to invest in social housing and an overreliance on market solutions, which created incentives for developers to build luxury or short-term rental properties rather than lower or middle-income housing.
8: Russia’s commercial airline industry is hitting some serious turbulence. In the first eight days of December, according to a new report, Russian civilian airliners suffered at least eight separate serious mechanical failures. The rash of incidents is part of a wider problem: Western sanctions preventing the delivery of parts and service to Western-made aircraft in Russia are causing Russia’s commercial fleets to fall apart,
65: Houthi airstrikes on commercial ships navigating the Red Sea have caused cargo volumes through that waterway to fall 65% from normal levels. On Tuesday, even after two rounds of US-led airstrikes on Houthi targets, a Houthi missile struck a Greek-owned ship off the Yemeni coast. The Houthis say they’ll stop when there’s a cease-fire in Gaza, a call echoed by Qatar’s prime minister on Tuesday at Davos. (See our explainer on why Qatar is a small country with big influence these days.)The Regime's viral banger "Special Military Operation" is NOW STREAMING on most platforms, including those TWO BIG ONES. #PUPPETREGIME
What is President Trump trying to achieve in Iran, and how does his strategy compare to past US interventions in the Middle East?
The US has paused Russian oil sanctions in a bid to stabilize energy markets rocked by the war with Iran. Administration officials stress that it’s a “tailored” measure, applying only to oil already loaded onto tankers, but it’s still a gift to Russia, which has already been clocking an extra $150 million daily in oil revenues since the war began.
4: The number of crew members aboard a US refuelling plane – out of six total – who died after the aircraft crashed in neighboring Iraq on Thursday, US Central Command said this morning.