Janet Yellen arrives in Beijing on a mission to find common ground for the US and China

US Treasury Secretary Janet Yellen landed in Beijing July 7 on a four-day trip aimed at finding common ground for a mutually beneficial economic relationship between the world’s two largest economies.

Kevin Dietsch | Getty Images News | Getty Images

Treasury Secretary Janet Yellen landed in Beijing Thursday on a four-day trip aimed at finding common ground as rivalry between the US and China becomes increasingly adversarial.

Yellen’s trip marks a deepening thaw in ties between the US and China and comes weeks after Secretary of State Antony Blinken’s visit to Beijing in last month, which was the first high-level meeting between the two countries after months of tensions.

“The two sides are basically talking, trying to find the strategic space for both sides to operate, and this will be very good for the rest of the world,” Andrew Sheng, a distinguished fellow at the University of Hong Kong’s Asia Global Institute, told CNBC Thursday.

China and the US are finding 'strategic space' to operate despite being rivals: CBRC chief advisor

Yellen’s trip comes just days after China abruptly imposed export curbs on chipmaking metals and its compounds, escalating Beijing’s technological war with the US and Europe.

Before leaving for China, Yellen had a “frank and productive discussion” with Xie Feng, the Chinese US ambassador, according

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Transition to EVs shakes up the familiar Jaguar, Land Rover luxury brands

Say goodbye to the Land Rover brand, and get ready for a smaller, much more expensive model line from Jaguar.

Jaguar will introduce an electric GT priced above $125,000, while the Land Rover name will retreat in favor of three new brands.

Those are the top-line takeaways from Jaguar Land Rover’s new strategy, as first reported by Automotive News.

The storied Land Rover brand name will reportedly be relegated to a “trust mark” badge on tailgates — perhaps elsewhere; the announcement is short on details. The Jaguar brand — so esteemed that Ford paid $2.5 billion for it in 1989 — will finally abandon efforts to become a full-line luxury brand, shifting upmarket to build fewer — one hopes more profitable — vehicles that compete with the top of Mercedes’ and BMW’s lines. Prices will start north of $125,000 and likely elevate into Rolls-Royce/Bentley territory.

Land Rover, on the other hand, will grow into three separate brands: Range Rover, Discovery and Defender.

My first thoughts? It’s fair to view highly publicized “rebranding” campaigns skeptically.

A billion here, a billion there

Ford paid $2.75 billion for Land Rover in 2000, for those of you scoring at home. Neither Jaguar nor Land Rover acquisitions paid off. Ford sold Jaguar and Land Rover to current owner Tata Motors of India for $2.23 billion in 2008.

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Ukraine arrests two land plots in Lviv Oblast belonging to Medvedchuk wife Oksana Marchenko

Oksana Marchenko

Oksana Marchenko

A court seized land plots with real estate that Marchenko owned illegally and obtained through a fraud, the SBU said. The property is worth up to UAH 17.5 million ($476,000), the security service’s message reads.

Read also: Court sizes hidden assets of Oksana Marchenko worth over UAH 442 million

“The (land plots) are located in one of the best tourist spots in Lviv Oblast,” the SBU said.

“Medvedchuk’s wife started to illegally build a hotel complex there.”

The former head of the district land department was also convicted of criminal activity. He reported false information during 2004-2010 in order to issue state acts of land ownership in favor of Marchenko, the SBU said.

Read also: Medvedchuk’s daughter attends elite university in Moscow – Meduza

The official was served a notice of suspicion under two articles of the Criminal Code of Ukraine: Part 2 of Article 364 (abuse of power or position) and Part 2 of Article 366 (forgery). The case has been sent to court.

The SBU initiated the seizure of three land plots in Lviv Oblast illegally owned by Marchenko in August 2022. The investigation has been ongoing since then.

It was reported on Feb. 7 that

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Residential lot to be created on Lakeshore Drive in Osoyoos

Madeline Baker, Times Chronicle Staff

Owners of a property on Lakeshore Drive in Osoyoos are hoping to have their 0.2 hectare property released from land reserves held by the Agricultural Land Commission (ALC) to allow for subdivision and further development at the site.

The 0.2 hectare property at 3621 Lakeshore Drive is zoned as low-medium residential in the town’s Official Community Plan, has never been used for agricultural purposes, is bordered by single-family homes and one empty lot, and is serviced by the Town’s water and sewer systems, but still falls under the ALC’s reserve land.

According to the Town of Osoyoos’ growth management approach, which works in concert with the ALC to protect 288 hectares of mostly active agricultural land base, properties that have access to the town’s servicing infrastructure, like this one, are well suited to development rather than protection.

The property owner, who currently has their home on the property, plans to subdivide it into two smaller residential lots. This would, according to the Town of Osoyoos’ report to council, “open up potential for infill residential development within an already serviced area,” an important consideration given the housing shortage that plagues the town.

Normally it would be

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The company sees room for hotels on vacant land near Routes 41, 42 in Deptford

DEPTFORD — The thriving hospitality business here may add more hotels off Route 41 near Deptford Center Road, a traffic-heavy strip that already hosts four relatively new hotels.

A Wilmington firm, SSN Hotels LLC, wants to build two hotels on land at the rear of Harmony Lane, according to information before the township’s planning board.

The location is off Route 41, or Hurffville Road, a street that currently holds four hotels.

The last official use of the partially wooded property was a storage lot for trash containers and construction vehicles and equipment, according to reports.

The hotels’ site plan was set for a planning board review on March 8, potentially with a vote on final approval. That meeting was canceled with no new date set for a hearing, according to the township.

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The proposal calls for:

  • A Townplace Suites hotel of 18,390 square feet, with 112 guest rooms

  • A Home 2 Suites of 17,280 square feet, with 106 guest rooms

Both four-story hotels would have indoor pools and fitness rooms, as well as bar areas and

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China isn’t leader in land ownership in South Dakota, the USDA says

SIOUX FALLS, SD (KELO) — Gov. Kristi Noem is concerned, and at least several lawmakers are concerned, about foreign ownership of agricultural land.

The state already has a law that restricts foreign ownership of agricultural land by a person or government to 160 acres. But the proposal in 2023 appears to be more restrictive than state law 43-2A-2 passed in 1979.

The Senate Agriculture and Natural Resources Committee voted 7-0 on Feb. 14 to send SB-185 forward to the full Senate. The bill calls for creating a board to review purchases or leases of agricultural land by foreign persons or entities, with the governor deciding whether to allow a transaction to proceed.

Noem is focused on Chinese-ownership of agricultural land.

“We also have a duty to protect South Dakota land from national security threats. Possibly the greatest external threat facing our nation today is the Chinese Communist Party. Unfortunately, foreign countries now hold approximately 40 million acres of ag land in the United States – and that number will only increase as evil governments like China step up their game,” Noem wrote in an opinion piece published on Feb. 2 on news.sd.gov.

Multiple media have reported about the Chinese Community

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Real Estate DeFi DPA Token (DPAT) Opens African Land and Property Markets to Retail Capital

Besides being a reliable store of value and easy-to-use cross-border money transfer instrument, cryptocurrencies have established themselves as new-gen investing instruments. They allow retail users with no previous experience to get exposure to attractive investing vehicles that had only been available to high-profile VCs and reputable angel investors.

Also, cryptocurrencies allow early-stage products to raise funds in a seamless, decentralized and inclusive manner. As such, DPA Token (DPAT), a project designed to allow retail investors to support real estate ventures in Africa, unlocks unmatched opportunities for both developers and crypto holders.

Bringing Web3 investments to real estate in Africa: What is DPA Token (DPAT)?

Launched in 2022 by a heavy-hitting team of blockchain enthusiasts, the Direct Property Africa (DPA) project addresses investing in upcoming real estate projects on the African continent. Its core native cryptocurrency, DPA Token (DPAT), underpins its tokenomic design and serves as an investment opportunity for supporters.

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Image by DPA

The project promotes itself as a pioneering Web3-native real estate investment and trading platform. Direct Property Africa (DPA) has a number of killing features in terms of transparency and inclusivity: each investment object will be mirrored by a fractionalized non-fungible token (NFT) on the Ethereum (ETH) blockchain.

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West Kootenay landowner seeks fair land-use compensation from power companies

A West Kootenay property owner is seeking fair compensation for landowners across the province.

Pend d’Oreille resident Jim Urquhart is putting out the call to BC landowners who have electrical transmission line right-of-ways on their private property, to come together and discuss what the government and civil society have determined constitutes fair, owed land-use compensation.

“It is time that utilities in BC paid the same land-use compensation that other energy producers in BC and Alberta that place above ground structures on private property consider fair,” said Urquhart. “If landowners in BC are ever to get fair, owed land-use compensation they will have to come together.”

Urquhart says that landowners are excluded from government funded advocacy offices available to other landowners in BC and Alberta facing similar circumstances.

“The problem is the framework that the BC utilities use to decide their compensation payment is based on a land value and there is no correlation between a land value and the total impact value for which landowners are owed.”

BC Hydro spokesperson, Mary-Ann Coules, confirmed that the majority of Statutory Right-of-Way (ROW) agreements are granted in perpetuity and are registered with the BC Land Title and Survey Authority.

Jim Urquhart has been looking for answers, sending letters and making inquiries to the BC government and power companies for more than 10 years.  Photo: Jim Bailey

Jim Urquhart has been

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