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Pacific region
Trends
- 1Hurricanes bring heavy surf to Southern California and Southwest rain●Hurricanes bring heavy surf to Southern California, rain to parts of the Southwest
Hurricanes off the Pacific coast are sending heavy surf to Southern California beaches and bringing rain to parts of the Southwest, according to the Los Angeles Times. Coastal communities are watching for dangerous rip currents and high waves, while inland areas of the Southwest could see much-needed rainfall from the tropical moisture. Residents are being urged to use caution near the water as conditions develop.
- 2Investors keep buying Asia-Pacific property despite higher borrowing costs●What’s luring investors to Asia-Pacific property despite higher borrowing costs?
Investors across the Asia-Pacific region continue to put money into real estate even as interest rates push up borrowing costs. Analysts point to resilient regional demand, attractive valuations after price corrections, and long-term growth prospects in key markets as reasons capital keeps flowing in. The trend has drawn attention among global property investors weighing where to deploy funds amid tighter monetary conditions.
- 3
New research points to the Earth's crust actively stretching and tearing beneath the Pacific Northwest, the region sitting atop the Cascadia subduction zone. The finding has drawn attention from science readers concerned about earthquake risk in Oregon, Washington and British Columbia, and what deep tectonic activity could mean for future seismic hazards.