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House price growth ‘turns negative for first time since 2012’

House price growth ‘turns negative for first time since 2012’

Business
The annual rate of house price growth has turned negative for the first time since 2012, according to a closely-watched measure.The Nationwide Building Society's monthly index covering June showed average values falling by 0.1% year on year following a 1.4% decline on the previous month. That followed a 1.7% fall during May - the largest monthly drop in 11 years as the country remained in hibernation during the second full month of the coronavirus crisis lockdown. Image: Delays in the construction of new homes are likely to help prop up prices in the months ahead The government eased restrictions on the housing market in England in mid-May but data published by the Bank of England earlier this week showed the lowest number of mortgage...
Economy endures ‘largest quarterly fall since 1979’

Economy endures ‘largest quarterly fall since 1979’

Business
The UK economy contracted at a sharper rate than initially thought in the first quarter of the year as the coronavirus crisis gathered speed, according to official figures.An update from the Office for National Statistics (ONS) covering the first three months of 2020 showed gross domestic product (GDP) fell by 2.2% compared with the previous quarter. It had previously given an initial reading of 2%. ...
Colorado traffic deaths up 75 per year since pot legalization, study says

Colorado traffic deaths up 75 per year since pot legalization, study says

Health
June 22 (UPI) -- Traffic fatalities have increased in Colorado since the state legalized the use of recreational marijuana, an analysis published Monday by JAMA Internal Medicine has found. Since the state opted to legalize recreational use of the drug in 2014, there have been an additional 75 deaths resulting from traffic accidents, on average, annually, the researchers estimated. Advertisement Conversely, Washington State, which lifted prohibitions on marijuana the same year, has seen traffic-related deaths remain relatively stable, they said. "Colorado and Washington State recreational cannabis laws differ in many ways, including purchasing limits, sales taxes, ability to grow cannabis at home and density of retail stores," researchers wrote in the study. "These factors may have contr...
EU diplomat: U.S. claim to role in Iran nuke deal invalid since it left

EU diplomat: U.S. claim to role in Iran nuke deal invalid since it left

World
June 9 (UPI) -- The European Union's top diplomat Josep Borrell said Tuesday that the United States claim to a role in the nuclear arms deal is no longer a valid negotiating chip since it left the deal. The EU foreign policy chief told reporters Tuesday after talks with Chinese Foreign Minister Wang Yi, that the United States cannot use its former membership in the 2015 nuclear agreement, also known as Joint Comprehensive Plan of Action, to extend an arms embargo on Iran. The U.N. embargo expires in October. Advertisement "The United States has withdrawn from the JCPOA, and now they cannot claim that they are still part of the JCPOA in order to deal with this issue from the JCPOA agreement," Borrell said. Borrell also said Tuesday that the European Union does not seek confrontation with C...
Primary care doctor visits down 60% since start of COVID-19 pandemic, analysis finds

Primary care doctor visits down 60% since start of COVID-19 pandemic, analysis finds

Health
May 20 (UPI) -- Visits to primary care doctors declined by as much as 60 percent as the COVID-19 outbreak took hold in the United States in early April, an analysis released Wednesday has found. The impact on health, even as practices begin to reopen for non-coronavirus patients, has been significant, experts say. In research conducted by The Commonwealth Fund, a non-profit focused on healthcare access and affordability, researchers found that although patients starting to see primary care doctors again in late April, overall visits are down by roughly one-third from normal levels since the start of the year. A separate analysis published this week by the New England Journal of Medicine found the number of people hospitalized after having a heart attack in northern California dropped by ...