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Bloomberg
Financial

Morocco Blames Misinformation for Ceuta Migrant Chaos

Morocco's government said factors such as misinformation and human trafficking lured tens of thousands of migrants into illegally crossing into the Spanish-governed northern African enclave of Ceuta last week. Meanwhile, Spain's foreign minister said nearly everyone who illegally crossed into Ceuta has left as it tries to assure its European Union neighbors that it is swiftly returning the roughly 50,000 undocumented migrants. Bloomberg's Jennifer Zabasajja reports.

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Bloomberg
Financial

Australia's Housing Market Worsens

Australia's housing downturn is accelerating, with higher interest rates and weaker investor demand driving the biggest home price declines since late 2022. REA Group Senior Economist Anne Flaherty says further falls are likely through year-end, especially in higher-priced suburbs. She discussed the outlook for Australia's housing market on "Bloomberg: The Asia Trade".

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