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Massive demonstration for the 130,000 individuals who are missing

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Will GrantMexico Correspondent and

Chris GrahamBBC News

Reuters A woman holds a sign reading "President, what does a country that sows bodies harvest?" during a protest marking the International Day of the Victims of Enforced Disappearances, in Mexico CityReuters

A woman holds a sign reading “President, what does a country that sows bodies harvest?” during a protest in Mexico City

Thousands of people have held protests across Mexico to highlight the country’s many enforced disappearances and demand more action by officials to tackle them.

Relatives and friends of missing people, as well as human rights activists, marched through the streets of Mexico City, Guadalajara, Córdoba and other cities calling for justice and urged the government of President Claudia Sheinbaum to help find their missing loved ones.

More than 130,000 people have been reported as missing in Mexico. Almost all the disappearances have occurred since 2007, when then-President Felipe Calderón launched his “war on drugs”.

In many cases, those disappeared have been forcibly recruited into the drug cartels – or murdered for resisting.

While drug cartels and organised crime groups are the main perpetrators, security forces are also blamed for deaths and disappearances.

The wide spread of cities, states and municipalities where demonstrations were held illustrated the extent to which the problem of forced disappearances affects communities and families across Mexico.

From one end of the country to the other – from southern states like Oaxaca to northern ones like Sonora and Durango – activists and family members of disappeared people turned out in their thousands carrying placards with their relatives’ faces on them, to demand the authorities do more to address the issue.

Reuters Demonstrators and relatives of missing persons hold a protest to mark the International Day of the Victims of Enforced Disappearances, in Mexico CityReuters

Protesters marked the International Day of the Victims of Enforced Disappearances

In Mexico City, the march brought traffic in the capital to a standstill, as the protest moved down the main thoroughfare.

Many affected families have formed search teams, known as “buscadores”, who scour the countryside and the deserts of northern Mexico, following tip-offs, often from the cartels themselves, as to the whereabouts of mass graves.

The buscadores carry out the searches and their activism at great personal risk. Following the recent discovery in Jalisco state of an apparent narco-ranch by a search group, several of the buscadores involved were disappeared.

The State Attorney General’s office later concluded that there was no evidence of a crematorium at the site.

The United Nations has called it “a human tragedy of enormous proportions”.

Mexico is experiencing a level of disappearances that surpasses some of Latin America’s worst tolls.

Around 40,000 disappeared in Guatemala’s 36-year civil war, which ended in 1996. An estimated 30,000 disappeared in Argentina under its military rule between 1976 and 1983.

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Madison Kryger, a bronze medalist at the World Juniors, commits to Tennessee for the 2026-27 season.

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By Anne Lepesant on SwimSwam

Fitter and Faster Swim Camps is the proud sponsor of SwimSwam’s College Recruiting Channel and all commitment news. For many, swimming in college is a lifelong dream that is pursued with dedication and determination. Fitter and Faster is proud to honor these athletes and those who supported them on their journey.

Canadian Madison Kryger, from Niagara Falls, Ontario, has verbally committed to the University of Tennessee for 2026-27 and beyond.

“I am beyond excited to announce my verbal commitment to continue my athletic and academic career at the University of Tennessee! First, I want to thank God for guiding me through this entire process.
I’m incredibly grateful to my family, coaches, and teammates for their support in helping me reach this point. A special thanks to Coach Matt and the amazing coaching staff at Tennessee for this incredible opportunity. I can’t wait to be a Lady Vol!🧡🩵

Kryger trains year-round with the club team Brock Niagara Aquatics. At the 2025 Canadian Swimming Trials in Victoria last June, she won the Open 200 back (2:09.88) and qualified for the World Aquatics Championships in Singapore. In the 13-18 age division, she won the 13-18 50 back (28.28) and 100 back (1:00.63), was runner-up in the 100 free (55.52) and 400 free (4:15.91), and placed 3rd in the 200 free (2:02.14).

At Worlds, she placed 19th in prelims of the 200 back (2:11.40). She then represented Team Canada at the World Aquatics Junior Championships in Otopeni, where she won an individual bronze medal in the 100 back (with a PB of 1:00.27) and finished just off the podium in the 200 back (4th with 2:10.08), the girls’ 400 medley relay (4th, she led off with 1:00.85 backstroke leg), and the girls’ 400 free relay (5th, she led off with 55.90). She also competed in the 400 free (19th in prelims with 4:22.10) and 50 back (14th in semi-finals with 28.73).

Last summer, Kryger won a bronze medal in the 100 back and came in 4th in the 200 back at 2024 Junior Pan Pacific Championships in Australia.

In March, Kryger competed at the PSS Westmont, where she placed 14th in the 100 free (56.40, a PB at the time), 9th in the 50 back (28.95), 8th in the 100 back (1:01.35), 3rd in the 200 back (2:11.44, a PB at the time), and 25th in prelims of the 100 fly (1:03.46). She also swam at PSS Fort Lauderdale and notched PBs in the 400 free (4:14.99) and 50 back (28.67).

Kryger will suit up for the Lady Vols in what is shaping up to be an absolute banger of a class. So far, her teammates will include #1 Charlotte Crush, #4 Molly Sweeney, #16 Eliza Wallace, and “Best of the Rest” backstroker Mia Buff.

Best times (converted):

  • 50 back – 28.28 (24.93)
  • 100 back – 1:00.27 (53.21)
  • 200 back – 2:09.88 (1:54.84)
  • 50 free – 26.57 (23.21)
  • 100 free – 55.52 (48.57)
  • 200 free – 1:59.70 (1:44.95)
  • 400 free – 4:14.99 (4:45.70)

If you have a commitment to report, please send an email with a photo (landscape, or horizontal, looks best) and a quote to Recruits@swimswam.com.

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Read the full story on SwimSwam: World Juniors Bronze Medalist Madison Kryger Verbals to Tennessee for 2026-27

Waves Are Being Created by 3D Printing with Sound Sound-Based 3D Printing is Causing a Stir The Impact of 3D Printing Using Sound is Significant

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In 1883, the violent eruption of the Krakatoa volcano in Indonesia generated the most deafening sound ever recorded: it reached 310 dB, and an explosion equivalent to that of a cannon shot was heard three thousand miles away. The sonic wave was so powerful that it even affected the waves in England. Today numerous technological and scientific breakthroughs harness the potential of sound more benignly, with applications in medicine, cleaning, or underwater echolocation. To these, we can now add 3D printing with sonic waves.

DSP: 3D printing technology with sound waves    

As pointed out by the developers of the new 3D printing technique, whose results have been published in the journal Nature, ultrasound had so far been used in destructive applications such as the removal of tumor tissue. Could it be possible to use it for creative purposes? The short answer is yes, as seen in the samples in the adjacent image. As always, the devil is in the details.

There have been two main 3D printing techniques: the first and most common is by melting polymers or other materials with heat. The other, and less common, is utilizing light radiation, which solidifies liquid resins through laser beams. The third option is 3D printing with waves or direct sound (DSP). Moreover, with unprecedented precision, allowing the creation of highly complex structures.

The approach used by researchers at Concordia University in Canada involves using ultrasound at a specific wavelength to generate chemically reactive zones in a liquid polymer solution. The sonic waves produce extreme pressure changes in microscopic air bubbles whose temperature rises to about fifteen thousand degrees kelvin for a few picoseconds.

The raw material used is a PDMS polymer commonly used in additive printing. However, thanks to the ultrasonic field, which can be modulated depending on the liquid’s viscosity and the wavelength type, the 3D printing process can be carried out point by point, as if they were pixels in an image.

The technology, with applications in the aeronautics industry, in the manufacture of sensors or even in the printing of implants inside the human body, has already been tested with polymers and ceramic materials. The next step will be to work with polymer-metal composites to achieve 3D printing with waves in metals ultimately.

A generational leap in 3D printing with light and nanomaterials

As already mentioned, 3D printing with light and resins is a somewhat less common technique than thermal additive printing. However, substantial progress is also being made in this field. Researchers at Stanford University have resorted to a blue laser beam that solidifies a gel-like resin.

However, that is not all. Under normal conditions, the resin solidifies along the entire laser beam. An additional strategy is needed to enable selective solidification (or curing, as it is technically known). Scientists have achieved this by means of nanomaterials spread across the resin and a red laser beam.

These nanomaterials are droplets of tiny size – one-thousandth of a human hair – and a protective silica coating. According to the scientists, achieving this coating to keep the liquid inside from leaking was one of the great challenges of the project.  

When the red laser beam encounters these nanomaterials, the low-energy red photons are converted into high-energy blue photons. And it is at that moment that the resin solidifies, thus achieving the so-called volumetric printing.

This technique is currently relatively slow, but its developers hope to be able to print multiple dots simultaneously to speed up the process and improve the print resolution.      

The nanocapsules developed in this project could also be used in solar panels to convert low-intensity light energy into usable wavelengths for photovoltaic cells.

If you want to learn more about the applications of 3D printing, check out this article on its use in biomedicine or its growing popularity in the construction sector with new biomaterials.

Whether through wave 3D printing or by resorting to new metal alloys such as the one mentioned in this article, it is possible that 3D printing will finally reach large-scale industrial applications soon.

Source:

The Russia-Ukraine Conflict: Summary of Major Events on Day 1,284 | Latest News on the Russia-Ukraine War

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Here are the key events on day 1,284 of Russia’s war on Ukraine.

Here is how things stand on Sunday, August 31:

Fighting

  • Russia launched “massive” strikes against Ukraine overnight on Saturday, with a total of 14 regions hit, according to Ukrainian officials.
  • At least one person was killed and 30 others wounded in Ukraine’s Zaporizhia region, while residential buildings were hit and scores of homes left without gas or electricity. The cities of Dnipro and Pavlohrad in the central region of Dnipropetrovsk also came under attack early on Saturday, causing fires.
  • Ukraine’s Air Force said it had downed 510 of 537 drones and 38 of 45 missiles launched by Russia in the overnight attack.
  • In Ukraine’s Kherson, a 74-year-old man was also killed when Russian forces shelled the city, according to officials.
  • The chief of Russia’s general staff, Valery Gerasimov, said that Russian forces are waging a nonstop offensive along almost the entire front line in Ukraine and have the “strategic initiative”.
  • In a speech to his deputies, Gerasimov also said that Russian forces now control 99.7 percent of Ukraine’s Luhansk region, 79 percent of the Donetsk region, 74 percent of the Zaporizhia region and 76 percent of the Kherson region. He went on to claim that Russian troops have almost completely blockaded the city of Kupiansk, in the Kharkiv region, and control about half of its area.
  • But Ukrainian military spokesperson Viktor Trehubov said that Kyiv’s forces had scored front-line successes, keeping Russian troops from seizing targets in the Donetsk region and halting further advances into the Dnipropetrovsk region. In one area, he said, Kyiv’s troops had surrounded Russian units.
  • Ukraine’s military also claimed attacks in Russia, saying it had struck the Krasnodar and Syzran oil refineries overnight on Saturday, setting off fires at both facilities.
  • Russia’s TASS state news agency also said that Ukrainian shelling left more than 17,000 people without power in the border town of Rylsk in Russia’s Kursk region.
  • Kursk’s Acting Governor Alexander Khinshtein said that 201 bodies have been found in the Russian region since January 1, following Ukraine’s invasion of the Russian region, and that 590 people are still missing.
  • Russia’s Ministry of Defence said that its forces shot down 233 Ukrainian drones, one guided bomb and four missiles in a 24-hour period, according to TASS.

Politics and Diplomacy

  • Ukrainian President Volodymyr Zelenskyy, who has been pushing for a summit with Russian President Vladimir Putin, accused the Kremlin of using “the time meant for preparing a leaders’-level [peace] meeting to organise new massive attacks”, and called for more international sanctions on Moscow and its backers.
  • Indian Prime Minister Narendra Modi spoke with Zelenskyy over the phone and reaffirmed his support for a peaceful settlement in Ukraine, saying that “India extends full support to all efforts” to restore peace and stability, according to a statement from New Delhi.
  • The European Union’s top diplomat, Kaja Kallas, said the bloc will examine how to use frozen Russian assets to fund Ukraine’s defence and reconstruction after the war. But confiscating the assets – which are worth 210 billion euros ($245.85bn) – now is not politically realistic, she said.
  • Kallas’s comments come after some EU countries, including Estonia, Lithuania and Poland, called for the assets to be seized now and be used to support Kyiv. But EU heavyweights France and Germany – along with Belgium, which holds most of the assets – have rebuffed the idea.
  • German Chancellor Friedrich Merz condemned Russia’s continuing attacks on Ukraine, saying that diplomatic efforts in recent weeks had been “answered with an even more aggressive approach by this regime in Moscow against the population in Ukraine”.
  • “This will also not stop until we ensure together that Russia, at least for economic reasons, and perhaps also for military reasons … can no longer continue this war,” Merz added in comments at an event in the German state of North Rhine-Westphalia.
  • United States President Donald Trump outlined how his policy on Ukraine fits with his America First agenda, saying, “We’re not spending any money in the war”, describing this as a “big difference” in comparison with the “hundreds of billions of dollars” the US was previously spending.
  • He also told The Daily Caller that the US will not send ground troops to Ukraine and that the US now sells equipment to NATO. “We don’t sell it to Ukraine. We sell it to NATO. They pay for the equipment,” Trump said.

Weapons

  • Ukraine’s Defence Minister Denys Shmyhal announced that the US State Department had approved the sale of Patriot air defence systems for Ukraine for an estimated cost of $179.1m and satellite communications services worth $150m.

China’s manufacturing activity decreases for the fifth consecutive month in August

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China manufacturing activity shrinks for fifth straight month in August

The Final Days of Life Inside the Infamous ‘Alligator Alcatraz’

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Josephine Casserly and Ellie HouseBBC News in Florida

BBC An older woman in a red Nike soccer jersey and white Adidas track pants sits on a beige, worn sofa in an apartment holding her cell phoneBBC

Yaneisy Fernandez’s son was taken to Alligator Alcatraz, an immigration detention centre in Florida

When her son was taken into immigration custody, Yaneisy Fernandez feared the worst. Then she got a call from him inside “Alligator Alcatraz”.

“We had no idea where he was until he called us,” Yaneisy told the BBC. “He said, ‘mom, they took me to the facility of the crocodiles.’ That’s how he put it.”

The temporary immigration detention centre built in Florida’s Everglades has quickly become a polarising symbol of President Donald Trump’s immigration policy.

Now, just two months after it opened, the Department of Homeland Security (DHS) has said it will be shutting it down, in compliance with a judge’s orders. The process is already under way – border tsar Tom Homan told the BBC during a press conference that only about 50% of the detainees remain.

The BBC spoke to the families of two inmates who were moved in the past month, who say that their loved ones disappeared into the system when they were at their most vulnerable.

That includes Yaneisy’s son Michael Borrego Fernandez, who says he was left bleeding while in serious pain after a medical incident, before being moved to another facility. He is part of an ongoing lawsuit alleging inmates were denied in-person access to their lawyers.

‘The facility of the crocodiles’

Built over eight days at the end of June in the Everglades, a protected wetlands famous for its alligators, the South Florida Detention Facility quickly became one of the most notorious immigration detention centres in the US.

Dubbed “Alligator Alcatraz”, the facility was built to house about 3,000 people but was never at capacity, even as the number of individuals being held in immigration detention across the US reached a record-high of 59,000 as of mid-August.

While it was open, it was a lightning rod for America’s debate over Trump’s crackdown on illegal immigration. Some came to visit the centre to protest, while others stopped by to take proud selfies with the “Alligator Alcatraz” sign outside.

SOPA Images/LightRocket via Getty Images A blue sign saying 'Alligator Alcatraz' at a road entrance followed by a long road, lined by metal security fencing. SOPA Images/LightRocket via Getty Images

A large Alligator Alcatraz sign was put up outside the camp

When the facility first opened, the Florida Republican Party commissioned Alligator Alcatraz merchandise: t-shirts, caps and beer coolers.

“People are fired up about the idea that we are finally closing the border and sending people who are here illegally who are committing crimes out of the country,” said Florida GOP chair, Evan Power.

“We have laws that you have to follow,” Jack Lombardi, a Republican voter in Florida, told the BBC. “And you’re a guest in our country. […] The facts are you came to this country illegally. You came in here unwanted.”

There have been conflicting reports about conditions inside. After a visit by lawmakers in July, Republicans said it was a well-run, safe and clean facility. Democrats, however, described the conditions as vile, crowded and unsanitary.

Now, a judge has ordered a preliminary injunction to shut it down within 60 days, while they hear a case claiming the government did not follow protocol when it built the facility. Although the government is appealing against that decision, the DHS said it will obey the judge’s order.

“I disagree with the judge that made that decision,” Homan told media on Thursday. “I went down there. I walked into detention areas. I saw a clean, well-maintained facility.”

‘They left him there like a dog’

Michael Fernandez moved to the US from Cuba in 2019, and was granted temporary political asylum, his mother said.

After he got caught up in a hot-tub construction scheme in 2021, a judge ordered his removal. In June, he pleaded guilty to grand theft to avoid jail time, although he says he had no idea the company he worked for was scamming customers. His lawyer also says that Michael was not aware of the removal order against him.

In January, he got pulled over by police while driving his niece to school. By June, he was in the custody of US Customs and Immigration Enforcement (ICE) officers, and moved to the Florida detention centre.

Michael had been in “Alligator Alcatraz” less than a week when Yaneisy received a call from some of the men detained alongside him.

“They told me that Michael woke up covered in blood,” she said. Michael had developed stage 4 haemorrhoids – the most severe type – she said. He was transferred to hospital and underwent colon surgery.

Back at the facility, Michael spoke to his mother in short, monitored phone calls. “He couldn’t even stay on the phone for more than a few seconds because he was in such severe pain,” she said. He told her that he had an infection. “He felt he was going to have a heart attack,” said Yaneisy. “And they took him back to hospital.”

Michael told her he was not being given pain medication and one night was handcuffed through the night in a way that he couldn’t sleep facedown as required after his surgery.

Yaneisy says Michael told her that they didn’t let him shower or give him a change of underwear when his briefs were covered in his blood and stool.

“This is not hygienic. They left him there like a dog, like someone who’s been thrown away,” she added.

Miami Herald/Tribune News Service via Getty Images Men in military uniforms stand in between bright orange traffic cones and large signs saying 'STOP' with tents, vehicles and an airfield in the background - the view of Alligator Alcatraz from the outside. Miami Herald/Tribune News Service via Getty Images

Alligator Alcatraz is being shut down, in compliance with a judge’s orders

Michael’s case is now part of a lawsuit against the Trump administration, which claims that detainees don’t have proper access to legal counsel through confidential in-person meetings with their lawyers. The DHS told the BBC that there is a physical space for lawyers to meet with their clients.

The lawsuit is ongoing. He was moved to a different facility on 1 August.

The DHS told the BBC in a statement: “These claims about Michael Borrego Fernandez are FALSE.” They said that ICE provided him “with proper medical care and medications”.

The Florida Division of Emergency Management said that detainees have access to “24/7 medical care that includes a pharmacy, as well as clean, working facilities for hygiene and can schedule both in-person and virtual appointments with attorneys”.

Mich Gonzalez, Michael’s lawyer, says that while immigration detention centers are supposed to be non-punitive – a place to supervise immigrants who are facing deportation – the conditions inside these facilities are “degrading and deadly”.

“And the Everglades internment camp even more so,” he said.

A week without news

Yaneisy is not the only one who has had a loved one get seriously sick while inside “Alligator Alcatraz”.

When Gladys’s husband Marco Alvarez Bravo, 38, was arrested and taken to the detention facility, it was her worst nightmare.

Then he disappeared for over a week.

AFP via Getty Images An aerial view of a migrant detention center, dubbed "Alligator Alcatraz," showing large areas of green and swamps with patches of tarmac and concrete airfield in the middle with buildings and vehicles seen on it.AFP via Getty Images

The camp was built on a disused airfield deep in the Florida Everglades and is surrounded by swamps containing alligators and poisonous snakes

It all began over a month ago when Marco left his home in Tallahassee, Florida, to visit a client to give an estimate for a construction job. Just outside their apartment, ICE agents pulled him over.

“I ask the officers, why are you taking him?” Gladys recalled. “He has a legal pending status. […] He’s not a criminal.”

Marco arrived in the US from Chile seven years ago. He entered the country on a tourist visa, which he overstayed, and then applied for political asylum. Gladys, a US citizen who met him through friends around the same time, said this claim is ongoing and he was allowed to stay in the country while waiting for a decision. They got married 11 days before the arrest.

In a response to the BBC, the DHS alleged Marco was “a known member of a South American Theft Group”. Gladys said that her husband has no criminal record.

As soon as he was taken away, Gladys was worried for her husband’s safety.

Marco has a genetic heart condition called Wolff-Parkinson-White syndrome, Gladys said, which causes the heart to beat abnormally fast. He had undergone a medical procedure to treat his illness in April this year, and was taking daily heart medication. Gladys told the BBC that following the procedure he also contracted pneumonia, which he was still suffering from when he was arrested.

Initially, Gladys had no idea where he was taken because he didn’t show up on the ICE locator database, an official online database that shows where people are being held.

Gunther Sanabria, an immigration lawyer who has represented clients inside “Alligator Alcatraz”, said it has become commonplace for people detained by ICE not to show up in the official locator system.

“We get people here crying every week,” he said, “because they don’t know where their family members are, and they went to work that morning and they were taken away.”

But Marco’s calls from inside the Florida detention centre reassured Gladys.

Watch: ‘I have grave concerns’ – Advocate weighs environmental impact of “Alligator Alcatraz”

On 14 August, he called to tell her that he had a rupture in his kidney which had affected his spine.

The next day, another man who was being held alongside Marco called her to say that her husband was in a wheelchair and had been taken to Florida Kendall hospital.

That was the last she heard for over a week. She checked daily on the ICE locator, but could not find his name.

It took eight days before she knew what had happened.

“I cannot believe that this is actually happening,” she said. “Where’s my husband?”

The DHS told the BBC that Marco was receiving medical care, but did not respond to a specific question about where he was currently being held. In a statement to the BBC they said: “He is alert and can at any time call his family.”

Finally, she received a call from Marco on 22 August. He was back in “Alligator Alcatraz”. But within days they were preparing to move him again. Neither Marco nor Gladys knew where to.

“I’m very nervous, very confused about everything that’s going on and my nerves are a total wreck,” she said.

As of this week, Marco appears to have been moved to the Krome detention facility 35 miles way.

While the judge’s decision to shut down the facility marked a blow to the Trump administration, other temporary facilities are being built in several Republican-led states, including a second facility in Florida dubbed “Deportation Depot” and another in Indiana that homeland security officials have named the “Speedway Slammer”.

Looking to the future, Homan said that while “Alligator Alcatraz” was a “great transitional facility”, he did not see it as a long-term solution.

“I do think ICE needs more brick-and-mortar [facilities],” he told reporters. “We’ve got the money now to build infrastructure… permanent facilities.”

With additional reporting by Bernd Debusmann Jr

The housing market no longer drives wealth as home prices decline

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High home prices and mortgage rates have created unaffordable conditions for many Americans, but the housing market’s ability to create more wealth has sputtered.

That’s because even as home prices continue to hover around record levels, they are also edging lower and lagging behind the rate of inflation, which has heated up amid President Donald Trump’s tariffs.

“For the first time in years, home prices are failing to keep pace with broader inflation,” said Nicholas
Godec, head of Fixed Income Tradables & Commodities at S&P Dow Jones Indices, in a statement on Tuesday. The last time that happened was mid-2023.

The latest S&P Cotality Case-Shiller home price data showed that the 20-city index fell 0.3% in June from the prior month, marking the fourth consecutive monthly decline.

On an annual basis, the 20-city composite was up 2.1%, down from a 2.8% increase in the previous month, and the national index saw a 1.9% yearly gain, down from 2.3%. Meanwhile, the consumer price index rose 2.7% in June from a year ago.

“This reversal is historically significant: During the pandemic surge, home values were climbing at double-digit annual rates that far exceeded inflation, building substantial real wealth for homeowners,” Godec added. “Now, American housing wealth has actually declined in inflation-adjusted terms over the past year—a notable erosion that reflects the market’s new equilibrium.”

Weak prices suggest underlying housing demand remains muted, he said, despite the spring and summer historically being the peak period for homebuying.

In fact, this year’s selling season has been a bust. While sales of existing homes have ticked up recently, they are still subdued and prices are flat. In addition, sales of new homes are slumping with prices down.

Conditions have been so dire that Moody’s Analytics chief economist Mark Zandi sounded the alarm on the housing market even louder last month.

In Godec’s view, the recent shift in the housing market could represent a new normal—but one that also has a positive angle.

“Looking ahead, this housing cycle’s maturation appears to be settling around inflation-parity growth
rather than the wealth-building engine of recent years,” he said.

That’s as pandemic-era hot spots in the Sun Belt have cooled off with demand increasingly tilting toward established industrial centers that enjoy sustainable fundamentals like employment growth, greater affordability, and favorable demographics.

“While this represents a loss of the extraordinary gains homeowners enjoyed from 2020-2022, it may signal a healthier long-term trajectory where housing appreciation aligns more closely with broader economic fundamentals rather than speculative excess,” Godec added.

Meanwhile, analysts at EY-Parthenon sounded gloomier about the housing market in a report that also came out on Tuesday, predicting that home prices will turn negative on an annual basis by year-end due to low demand and rising inventories.

Home listings are up 25% from a year ago, and inventories have risen for 21 consecutive months. Homebuilders are also cautious given that demand is under pressure and construction costs are still elevated.

“Looking forward, the housing market is expected to stay stagnant, as slowing income growth and persistently high borrowing costs continue to limit demand,” the EY report said. “While proposed changes to the regulatory environment can help improve builder sentiment, elevated construction costs due to higher tariffs along with ample inventories will continue to constrain construction activity.”

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Real Madrid defeats Mallorca in La Liga, scoring two goals in just two minutes | Soccer Update

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Real Madrid score twice in two minutes against Mallorca as they come from behind to maintain winning La Liga start.

Real Madrid claimed a third straight La Liga victory, with a 2-1 triumph over Real Mallorca, to continue their perfect start to the campaign.

Arda Guler and Vinicius Junior scored in quick succession for Los Blancos on Saturday, after Mallorca’s Vedat Muriqi opened the scoring at the Santiago Bernabeu stadium.

Xabi Alonso’s Madrid also had three more goals ruled out as they continued to improve following the coach’s arrival at the start of the summer.

After competing in the Club World Cup this summer and not having much of a preseason, winning all their games before the first international break is an impressive feat for Alonso.

The former Bayer Leverkusen coach brought Vinicius Junior and Trent Alexander-Arnold back into the starting lineup, after both began last weekend’s win at Real Oviedo on the bench.

Kylian Mbappe, who has started the season in fine form with three league goals, thought he had broken the deadlock early on after a fine pass from Trent Alexander-Arnold, but was judged to be offside.

Arda Guler of Real Madrid scores his team’s first goal [Denis Doyle/Getty Images]

Mallorca took a surprise lead after 18 minutes, when Vedat Muriqi used his shoulder to divert a corner past Thibaut Courtois.

It was the first goal Madrid had conceded in La Liga this season after two clean sheets in their opening victories.

Alonso’s side responded with two goals in under two minutes.

Dean Huijsen headed Alvaro Carreras’s cross into the 6-yard box for Arda Guler to nod home in the 37th minute.

With Mallorca rocking, Vinicius surged into space before breaking into the box and scuffing a finish into the bottom corner.

Mbappe could have extended Madrid’s lead before the break, but nudged wide from close range after Guler’s drive was deflected into his path.

The Frenchman struck moments later, but was again offside, and the goal was ruled out.

Real Madrid's Vinicius Junior scores their second goal against Mallorca
Real Madrid’s Vinicius Junior scores their second goal [Isabel Infantes/Reuters]

Bright summer signing Franco Mastantuono fired narrowly over, early in the second half, on the 18-year-old’s first Santiago Bernabeu start, during which he showed few nerves.

The Argentinian attacker was involved in Madrid’s third disallowed goal of the night, after some superb footwork in the box, before he forced Roman into a save, and Guler eventually turned home.

However, the Turkish playmaker was judged to have handled the ball before striking, and the goal was ruled out, upsetting Madrid fans.

Carreras produced a spectacular goal-line clearance to keep out Samu Costa’s thumped effort to safety, as Mallorca sniffed for an equaliser.

Under Alonso’s predecessor, Carlo Ancelotti, Madrid were not always able to close games out, but after that scare, they showed a good level of control in the final stages to keep Mallorca at arm’s length.

On Sunday, champions Barcelona visit Rayo Vallecano, looking to match Madrid on three wins from three. Villarreal and Athletic Bilbao could also do the same should they beat Celta Vigo and Real Betis, respectively.

Organic Revenue Declines by 4.4% YoY in H1 2025 for BMG, EBITDA Margin Increases; Streaming Revenue Rises in High Single Digits

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BMG saw its revenue decline by 7.8% YoY to EUR €424 million (USD $507m) in the first half of 2025, down from €459 million in H1 2024.

That’s according to new interim figures from BMG and its parent Bertelsmann, published today (August 28).

However, the music firm says its “underlying music streaming revenue demonstrated high single-digit growth“.

In its mid-year report, Bertelsmann attributed BMG’s revenue fall to “declining revenues in the publishing and label business and portfolio changes resulting from the sale of [BMG’s] live business”.

In its own press release, BMG added: “The [revenue] decline primarily reflects the disposal of non-core businesses, including the divestment of live.”

On an organic basis – excluding the impact of acquisitions, disposals and currency effects – BMG’s revenue fell by 4.4% YoY in H1 2025.

Bertelsmann commented that this dip in organic revenues “partly reflects BMG’s strategic scaling back of lower-margin activities to focus more on digital revenue sources and long-term profitability“.

Despite the revenue decline, BMG’s operating EBITDA adjusted remained stable at €122 million ($146m), matching the €122 million recorded in H1 2024.

Significantly, that meant BMG recorded a strong EBITDA margin of 28.7% in the first half of 2025, up from 26.5% in H1 2024.

BMG CEO Thomas Coesfeld said: “Our results for the first half of 2025 demonstrate the effectiveness and strength of our BMG Next business model: disciplined, digital-first, and built for long-term value for all stakeholders.

“Our strategy is rooted in what we do best – music publishing and recorded music – while continuously building new capabilities to enhance our service.

“Our results for the first half of 2025 demonstrate the effectiveness and strength of our BMG Next business model: disciplined, digital-first, and built for long-term value for all stakeholders.”

Thomas Coesfeld, BMG

“Innovation and technology are the engines driving how we work and how we support our artists and songwriters. We’re building a future-forward music company, uniquely positioned at the intersection of creativity and technology.”

In the full year of 2024, BMG generated EUR €963 million (USD $1.04bn) in annual revenues, up 6.4% YoY or up 8.1% YoY on an organic basis.



Just over 51% of BMG’s €424 million revenues in the H1 2025 period were generated in the United States, with an additional 10.9% in the United Kingdom.

Revenues from Germany contributed 8.0% of the firm’s global total.

BMG generated EUR €31 million in nations outside of Europe/UK and the United States (including LATAM, MENA, and APAC), representing 7.3% of its worldwide turnover in the period.


Source: Bertelsmann interim 2025 report

Catalog acquisitions and artist signings

BMG completed 17 catalog acquisitions during the first six months of 2025, which it said were carried out in line with Bertelsmann’s “Bertelsmann Boost” strategy.

Bertlesmann said those 17 deals brought BMG’s total investment in music rights catalogs since 2021 to around EUR €1.2 billion.

Judging by figures released by the German company earlier this year, this implies that BMG spent around €100 million on catalog buys in H1 2025.



The company also made significant new signings and contract extensions in the first half of the year.

In recorded music, these included OneRepublic, Olly Murs, Evanescence, (G)i-dle, Joyce Wrice, Fredrik, and Jessi.

In BMG’s music publishing business, new signings and extensions included Gareth, James Arthur, Tom Walker, Steven Wilson, Juicy Bae, Sabotage, Robert Harvey, Alok, and Michael Schulte.


Label and publishing standouts

In its label business, BMG enjoyed success in H1 2025 with new releases from Blake Shelton, Jelly Roll, Jason Aldean, Wiz Khalifa, Billy Idol and Fantasy.

BMG artist Lainey Wilson won four Country Music Awards and secured the title of “Entertainer of the Year” for the second year in a row.

Three BMG catalog tracks achieved significant streaming milestones during the period. Haddaway’s “What Is Love,” LP’s “Lost on You” and Rick Astley’s “Never Gonna Give You Up” were each streamed over a billion times on Spotify, earning them induction into the Billions Club.

In the publishing business, successful releases included music by Ghost, Pashanim, CMAT, Lewis Capaldi, FKA twigs, and Pulp.

BMG songwriters also contributed significantly to major global hit singles. The company’s writers co-wrote “Die With A Smile” (co-written by Bruno Mars and D’Mile), “APT.” (co-written by Bruno Mars) and “luther” (co-written by roselilah and Kamasi Washington).

At the Grammy Awards, BMG songwriter The-Dream won a Grammy for “Album of the Year” for his co-production of Beyoncé’s global chart-topping album Cowboy Carter, while BMG songwriter Bruno Mars won the award for “Best Pop Duo/Group Performance” alongside Lady Gaga for “Die With a Smile.”


 structural changes and brand refresh

During the first half of the year, BMG combined its sync and production music teams into a unified “Sync+” structure that provides what Bertelsmann calls “a comprehensive solution for repertoire licensing”.

This move was made in line with the firm’s BMG Next strategy.

BMG also expanded its direct licensing agreements with DSPs in H1. The firm says it additionally “advanced [our] direct-to-digital efforts to deliver measurable benefits such as improved access to listening data and audience insights, and enhanced on-platform marketing capabilities”.

Also under the BMG Next banner, the firm says it’s now leaning on GenAI to support marketing content creation, streamline workflows, and enable “more consistent” marketing across its catalog.

BMG has struck strategic partnerships with Google Cloud and OpenAI, among others, to enhance its internal tech stack.

Also in H1, BMG unveiled what it described as “a comprehensive brand refresh, marking a significant milestone in its evolution as a modern music company”.


EUR to USD conversions in this report have been made at the average rate for the period according to the European Central Bank

Music Business Worldwide