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Investors Say They’ll Stick With Gold as Fed Cycle Nears End
Investors Say They’ll Stick With Gold as Fed Cycle Nears End
Gold isn’t losing its allure, according to a dozen money managers who all told Bloomberg News they expect
2023-08-23 14:13
Trapped by Sudan fighting, dozens of infants, toddlers and children died in Khartoum orphanage
Trapped by Sudan fighting, dozens of infants, toddlers and children died in Khartoum orphanage
At least 60 infants, toddlers and older children perished over the past six weeks while trapped in horrific conditions in an orphanage in Sudan’s capital as fighting raged outside
2023-06-01 00:13
Expectations will be high at Marseille with a new coach and a strong squad
Expectations will be high at Marseille with a new coach and a strong squad
It’s been painful for Marseille fans to watch bitter rival Paris Saint-Germain collect league titles over the last decade to become the most successful club in domestic French soccer
2023-08-10 22:03
Tens of thousands at Burning Man told to conserve water and food after heavy rains leave attendees unable to leave Nevada desert
Tens of thousands at Burning Man told to conserve water and food after heavy rains leave attendees unable to leave Nevada desert
Tens of thousands of people attending the Burning Man festival in the Nevada desert are being told to conserve food, water and fuel as they shelter in place in the Black Rock Desert after a heavy rainstorm pummeled the area, festival organizers said.
2023-09-03 03:38
Minnows Heidenheim claim first Bundesliga win against Bremen
Minnows Heidenheim claim first Bundesliga win against Bremen
Heidenheim midfielder Eren Dinkci scored twice in a 4-2 win against his parent club Werder Bremen on Sunday to give the promoted side their...
2023-09-17 23:37
Japan yields hit 9-year high, yen swings as BOJ shift roils market
Japan yields hit 9-year high, yen swings as BOJ shift roils market
By Kevin Buckland TOKYO Japan's benchmark bond yield soared to a nine-year high and the yen gained even
2023-07-28 12:46
Twelve more vessels to enter Black Sea corridor towards Ukrainian ports - navy
Twelve more vessels to enter Black Sea corridor towards Ukrainian ports - navy
KYIV Ukraine's navy said on Wednesday that 12 more vessels were ready to enter a Black Sea shipping
2023-10-04 16:21
MLB Rumors: Cardinals last laugh on Flaherty, Chris Sale return, Bautista a Blue Jays icon
MLB Rumors: Cardinals last laugh on Flaherty, Chris Sale return, Bautista a Blue Jays icon
MLB Rumors: Red Sox get Chris Sale back?Red Sox fans have long awaited the return of Chris Sale, who seems to spend more time on the injured list these days than in a Boston uniform. Christopher Smith of MassLive was just one of several Boston reporters who relayed the information from Sox manager...
2023-08-11 22:14
Subway was struggling. Here's what it had to change to fight back
Subway was struggling. Here's what it had to change to fight back
Adding freshly sliced meat isn't the only major change Subway has made in the past several years.
2023-07-08 17:11
High-speed rail was touted as a game-changer in Britain. Costs are making the government think twice
High-speed rail was touted as a game-changer in Britain. Costs are making the government think twice
The British government confirmed Sunday it may scrap a big chunk of an overdue and over-budget high-speed rail line once touted as a way to attract jobs and investment to northern England. British media reported that an announcement is expected this week that the line will end in Birmingham – 100 miles (160 kilometers) from London -- rather than further north in Manchester. The Conservative government insists no final decision has been made about the embattled High Speed 2 project. But Cabinet minister Grant Shapps said it was “proper and responsible” to reconsider a project whose costs have ballooned because of high inflation driven by the COVID-19 pandemic and the war in Ukraine. “We’ve seen very, very high global inflation in a way that no government could have predicted,” said Shapps, a former transportation secretary who now serves as the U.K.'s defense minister. “It would be irresponsible to simply spend money, carry on as if nothing had changed,” he told the BBC. The projected cost of the line, once billed as Europe’s largest infrastructure project, was estimated at 33 billion pounds in 2011 and has soared to more than 100 billion pounds ($122 billion) by some estimates. HS2 is the U.K.’s second high-speed rail line, after the HS1 route that links London and the Channel Tunnel connecting England to France. With trains traveling at a top speed of around 250 m.p.h. (400 kph), the new railway was intended to slash journey times and increase capacity between London, the central England city of Birmingham and the northern cities of Manchester and Leeds. Though it drew opposition from environmentalists and lawmakers representing districts along the route, the project was touted as a way to strengthen the north’s creaky, overcrowded and unreliable train network. The government hailed it as a key plank in its plan to “level up” prosperity across the country. The north of England, which used to be Britain’s economic engine, saw industries such as coal, cotton and shipbuilding disappear in the last decades of the 20th century, as London and the south grew richer in an economy dominated by finance and services. The government canceled the Birmingham-to-Leeds leg of HS2 in 2021 but kept the plan to lay tracks on the 160 miles (260 km) between London and Manchester. Former Conservative Prime Minister Boris Johnson, a longtime champion of the project, said cutting it back even further “makes no sense at all.” “It is no wonder that Chinese universities teach the constant cancellation of U..K infrastructure as an example of what is wrong with democracy,” Johnson said. Manchester Mayor Andy Burnham said people in northern England were “always treated as second-class citizens when it comes to transport.” “If they leave a situation where the southern half of the country is connected by modern high-speed lines, and the north of England is left with Victorian infrastructure, that is a recipe for the north-south divide to become a north-south chasm over the rest of this century,” Burnham, a member of the opposition Labour Party, told British TV channel Sky News. The government has also delayed work on bringing the line all the way to Euston station in central London. When it opens, some time between 2029 and 2033, trains will start and finish at Old Oak Common station in the city’s western suburbs. London Mayor Sadiq Khan said that would create “a ridiculous situation where a ‘high speed’ journey between Birmingham and central London could take as long as the existing route, if not longer.” “The government’s approach to HS2 risks squandering the huge economic opportunity that it presents and turning it instead into a colossal waste of public money,” Khan said in a letter to Prime Minister Rishi Sunak. Read More Ukraine war’s heaviest fight rages in east - follow live Charity boss speaks out over ‘traumatic’ encounter with royal aide Shapps says HS2 cannot have ‘open-ended cheque’ as Sunak set to wield axe It would be ‘irresponsible’ to keep spending money on HS2, cabinet minister says How the timeline for banning petrol and diesel cars has shifted over the years
2023-09-24 18:43
Carol Vorderman quits BBC role so she can keep slamming the Tories
Carol Vorderman quits BBC role so she can keep slamming the Tories
Carol Vorderman has quit her BBC radio show after five years so that she can carry on criticising the Tories. The presenter was on the air with her own radio show on BBC Radio Wales every Saturday morning but a new BBC social media policy otherwise known as the "Lineker clause," where employees at the national broadcaster are limited on what they can post online. Taking to Twitter, Vorderman announced the news where she thanked listeners "who answered the funny questions I asked every week about old memories and daft stories" and teased that she's moving "onwards to the next very interesting chapter." In a longer statement, she said she will "continue to criticise the current UK government for what it has done to the country which I love." Vorderman has often been outspoken against the Tories, for example she called them "morally corrupt” over Partygate, she compared former Prime Minister Boris Johnson to "a dose of diarrhoea," and got into an online spat with Tory MP Lee Anderson. (To name but a few instances). “After five years, I’m leaving my Saturday morning show on BBC Radio Wales," Vorderman began. “The BBC recently introduced new social media guidelines which I respect. However, despite my show being lighthearted with no political content, it was explained to me that as it is a weekly show in my name, the new guidelines would apply to all and any content that I post all year round. “Since those non-negotiable changes to my radio contract were made, I’ve ultimately found that I’m not prepared to lose my voice on social media, change who I am, or lose the ability to express the strong beliefs I hold about the political turmoil this country finds itself in.” “My decision has been to continue to criticise the current UK government for what it has done to the country which I love – and I’m not prepared to stop. I was brought up to fight for what I believe in, and I will carry on. “Consequently I have now breached the new guidelines and BBC Wales management have decided I must leave. We each must make our decisions. “I’m sad to have to leave the wonderful friends I’ve made at Radio Wales. I wish them, and all of our listeners, all the love in the world. We laughed a lot and we will miss each other dearly. But for now, another interesting chapter begins.” The reason why the new BBC social media guidelines are referred to as the "Lineker clause," after Match of the Day presenter Gary Lineker found himself in an impartiality row with the broadcaster over his tweets where he compared UK’s asylum policy to 1930s Germany. Lineker was suspended which sparked a huge act of solidarity amongst BBC Sport staff which saw all sports coverage for that weekend cancelled. The ex-England player was later reinstated after him and the BBC "navigated a way for him [Lineker] to return." How to join the indy100's free WhatsApp channel Sign up to our free Indy100 weekly newsletter Have your say in our news democracy. Click the upvote icon at the top of the page to help raise this article through the indy100 rankings.
2023-11-09 19:49
Music Review: Kim Petras makes flirty Eurodance-pop in major-label debut
Music Review: Kim Petras makes flirty Eurodance-pop in major-label debut
Better late than never, and surely worth the wait: Popstar Kim Petras' oft-delayed, full-length major label debut album, “Feed the Beast,” is brimming with Eurodance, '90s house, and trance-informed sex-positive pop music
2023-06-28 00:58