Spain’s housing crisis is a warning for all of Europe – rights mean nothing if they’re not enforced

• Spanish lawmakers rejected two key government housing measures intended to address public anger over housing affordability. • The bills failed to pass after last-minute talks, leaving Prime Minister Pedro Sánchez without his proposed legislative tools.

• The Spanish parliament rejected emergency housing affordability measures proposed by the government. • The defeat was driven by a lack of support from small parties, including the separatist group Junts led by Carles Puigdemont.

• The German Chancellor’s office stopped a proposed sugar tax following a disagreement within the governing coalition on Friday, October 2nd. • Comparison website Verivox warned that electricity and gas prices for German households could rise by as much as 20 percent this winter.

• The US Supreme Court will hear a case regarding Apple's attempt to avoid being held in contempt of court in its antitrust battle with Epic Games. • The legal challenge follows a judicial order that required Apple to make sweeping changes to the rules governing its App Store.

• The California elections committee voted to kill a bill proposed by Republican politician DeMaio after a brief debate. • Democrats currently hold the governor's office, legislative supermajorities, and control of the state's largest cities.

• Rolls-Royce announced a £300 million investment in its UK manufacturing facilities. • The company's stock rose 1.41% to trade at GBX1,492 following the news.

• Justin Sun announced that TRON is targeting specific milestones at Nasdaq and Cboe on July 24, 2025, and September 29, 2026. • Sun reported that the TRON network has surpassed $30 trillion in total transfer volume.

• Khosla Ventures is facing public criticism for investing in two competing AI coding startups, Factory AI and Cognition. • Cognition reached a $48 billion valuation after raising over $2 billion in September, while Factory AI hit a $5 billion valuation last month.

• U.S. factory construction declined to its lowest level since 2022, according to reporting by Joseph Politano. • Construction spending dropped 33% from 2024 highs and fell 20% over the past year.

• Canada is sending Mona Fortier to an Organization of American States (OAS) meeting of foreign ministers in Washington to address Nicaragua's rising authoritarianism. • The discussions focus on recent constitutional reforms that Canada claims shut out political opposition and weaken democratic institutions.

• Unilever shares fell 2.53% to GBX4,487 today amid selling pressure and a new update regarding share capital transparency. • The company released updated information on voting rights and regulatory free-float, which refers to the portion of shares available for public trading, to comply with UK Financial Conduct Authority rules.