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• Moonstruck origin
• Watery desert
• Easy going
Blue origin’s new mission to the moon
To the Moon: National Aeronautics and Space Administration (NASA) announced on May 19, 2023 that it had chosen Blue Origin, Jeff Bezos’ company, to build a second moon landing system (intended to bring astronauts to the surface of the Moon).
Expectation: The lander has been selected for the Artemis V mission, which is due to take place in 2029. It will first have to demonstrate its safety by landing on the Moon without a crew.
Going the distance: The amount of the contract, which is known as the Sustaining Lunar Development (SLD) is $3.4 billion. However, John Couluris (vice president of lunar transport at Blue Origin) said at a press conference that the company would itself contribute “well north” of the contract’s value as well.
Saudi Arabia’s real estate sector
The past: The Arab kingdom was rocked by the 2009 financial crisis that forced Abu Dhabi, the capital of the United Arab Emirates, to provide Dubai with a $20 billion bailout.
Records show: Rents on average across Dubai are up 26.9% year-on-year (even with anti-price-gouging protections). Dubai saw 86,849 residential sales in 2022, beating a previous record of 80,831 from 2009.
Take a tour: Dubai had a total of 14.36 million international visitors in 2022, up 97% from the previous year, according to the department of economy and tourism.
Adidas emptying Yeezy inventory
Book value: As of May 2023, existing Yeezy products still held by Adidas are reportedly worth $1.3 billion.
The disconnect: The products have not been available on a retail basis since Adidas cut ties with Kanye West in October 2022. Although, resellers have continued to sell Yeezy shoes on reseller marketplace(s).
The pledge: According to Adidas a “significant amount” of proceeds will be donated to organizations like the Anti-Defamation League and the Philonise & Keeta Floyd Institute for Social Change.
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