US banks' residential mortgages face mandates exceeding global standards - Bloomberg News
(Reuters) -U.S. bank regulators are set to release their plans next week for a sweeping overhaul of capital rules, with
2023-07-19 23:42
Ivory Coast media guide
An overview of the media in Ivory Coast, including links to broadcasters and newspapers.
2023-07-24 18:57
How tall is Channing Tatum? Exploring height of Hollywood Mogul who transitioned from model to A-list actor
Channing Tatum who is 3 inches taller than Brad Pitt was starstruck by his ‘Lost City’ co-star while getting into look of his character in the film
2023-09-18 16:12
Scientists release findings from major study into internet and mental health – with surprising conclusion
There is no clear link between mobile phones and the internet and a negative impact on mental wellbeing, the authors of a major new study have found. Researchers took data on two million people aged between 15 and 89, from 168 countries. While they found that negative and positive experiences had both increased, they found little evidence that was the result of the prevalence of the internet. The results from the major study, led by the Oxford Internet Institute, contradict widespread speculation that the internet – and especially its widespread availability through mobile devices – has damaged mental wellbeing. The researchers said that if the link between internet use and poor health were as universal and robust as many think, they would have found it. However, the study did not look at social media use, and although the data included some young people, the researchers did not analyse how long people spent online. Professor Andrew Przybylski, of the Oxford Internet Institute and Assistant Professor Matti Vuorre, Tilburg University and Research Associate, Oxford Internet Institute, carried out the research into home and mobile broadband use. Prof Przybylski, said: “We looked very hard for a ‘smoking gun’ linking technology and wellbeing and we didn’t find it.” He added: “The popular idea that the internet and mobile phones have a blanket negative effect on wellbeing and mental health is not likely to be accurate. “It is indeed possible that there are smaller and more important things going on, but any sweeping claims about the negative impact of the internet globally should be treated with a very high level of scepticism.” Looking at the results by age group and gender did not reveal any specific patterns among internet users, including women and young girls. Instead, the study, which looked at data for the past two decades, found that for the average country, life satisfaction increased more for females over the period. Data from the United Kingdom was included in the study, but the researchers say there was nothing distinctive about the UK compared with other countries. Although the study included a lot of information, the researchers say technology companies need to provide more data, if there is to be conclusive evidence of the impacts of internetuse. They explain: “Research on the effects of internet technologies is stalled because the data most urgently needed are collected and held behind closed doors by technology companies and online platforms. “It is crucial to study, in more detail and with more transparency from all stakeholders, data on individual adoption of and engagement with internet-based technologies. “These data exist and are continuously analysed by global technology firms for marketing and product improvement but unfortunately are not accessible for independent research.” For the study, published in the Clinical Psychological Science journal, the researchers looked at data on wellbeing and mental health against a country’s internet users and mobile broadband subscriptions and use, to see if internet adoption predicted psychological wellbeing. In the second study they used data on rates of anxiety, depression and self-harm from 2000-2019 in some 200 countries. Wellbeing was assessed using data from face-to-face and phone surveys by local interviewers, and mental health was assessed using statistical estimates of depressive disorders, anxiety disorders and self-harm in some 200 countries from 2000 to 2019. Read More Software firm Cloudsmith announces £8.8m investment No ‘smoking gun’ linking mental health harm and the internet – study Young people the biggest users of generative AI, Ofcom study shows Software firm Cloudsmith announces £8.8m investment No ‘smoking gun’ linking mental health harm and the internet – study Young people the biggest users of generative AI, Ofcom study shows
2023-11-28 08:01
Teachers kick off strike in Portland, Oregon, over class sizes, pay and resources
Teachers in Portland, Oregon, went on strike Wednesday, shuttering school for some 45,000 students in Oregon's biggest city
2023-11-02 08:06
Murder trial in killing of rising pro cyclist Anna 'Mo' Wilson nears end. What has happened so far?
The murder trial of a Texas woman charged in the May 2022 shooting death of rising professional cyclist Anna “Mo” Wilson is nearing an end after almost two weeks of testimony
2023-11-16 00:03
Save big on these gaming monitors from ViewSonic, Razer, and HP
Gaming is all about details and making quick decisions. Just a nanosecond can make a
2023-06-09 00:27
Biden and McCarthy set for Oval Office showdown as US edges closer to defaulting on debt
With the US government just weeks away from being legally unable to pay its bills for the first time, President Joe Biden and House Speaker Kevin McCarthy will meet at the White House on Tuesday. The meeting is an attempt to break what has become an economy-threatening logjam over Republican demands for Mr Biden to endorse rolling back large swaths of his legislative record. The Oval Office confab will be the first face-to-face sit-down between the two men since 1 February, when Mr Biden and the House Speaker met for what the White House described as a “frank and straightforward dialogue”. This time, the president and speaker will be joined by House Minority Leader Hakeem Jeffries, Senate Majority Leader Chuck Schumer and Senate Minority Leader Mitch McConnell. After their last meeting, Mr McCarthy told reporters outside the West Wing that the meeting with Mr Biden that the meeting left him hopeful that he and the president could “find common ground”. It was the first meeting the California Republican had with the president since he won the speaker’s gavel after a week-long marathon of 15 separate ballots. Mr McCarthy also said he’d told Mr Biden that he wanted to hammer out an agreement that would see the GOP-controlled House vote to raise the US statutory debt limit “long before” the June deadline laid out by Treasury Secretary Janet Yellen. Ms Yellen notably warned in January that the Treasury had begun taking “extraordinary measures” to avoid defaulting on the nation’s sovereign debt. Since that February meeting, the White House and the House of Representatives have remained far apart on what is needed before legislation allowing the US to resume issuing new debt instruments can reach Mr Biden’s desk for his signature. For his part, the president’s view has remained consistent since the beginning of the year. Mr Biden has repeatedly said that Congress should pass a “clean” debt ceiling increase and negotiate on spending cuts desired for next fiscal year when Congress begins work on a budget. Mr McCarty, who only gained the Speaker’s gavel after promising far-right members of the House Republican Conference that he’d weaponise the debt limit to extract massive cuts to programs favoured by Democrats, is insisting that he and House Republicans have provided a solution to the problem with what the House calls the “Limit, Save and Grow Act”. That legislation, which passed the House with a bare majority of GOP votes last month, would provide just a year’s worth of relief coupled with spending provisions that slash non-defence spending by as much as 20 per cent. Among the programmes on the chopping block: President Joe Biden’s student debt relief initiative, as well as funding for new IRS personnel. The plan would also add new work requirements for adults on Medicaid, cap the growth of the federal government, and impose 2022 limits on discretionary spending. The White House said in response to the bill’s passage that Republicans were attempting to “strip away health care services for veterans, cut access to Meals on Wheels, eliminate health care coverage for millions of Americans and ship manufacturing jobs overseas”. While the House-passed bill is unlikely to go anywhere in the Democratic-controlled Senate, thus far Mr McConnell and Senate Republicans have backed up Mr McCarthy’s demand for Mr Biden to sign off on GOP-endorsed austerity measures in exchange for Republican votes to allow the US to continue paying its’ debts. Prominent GOP figures frequently claim that raising the statutory debt limit to enable the US to continue meeting financial obligations — a practice that was once routine under presidents of both parties and met no objections when it was done under Mr Biden’s predecessor — is akin to authorising new spending. That claim, however, is not how the debt limit works. Raising the debt limit does not increase or decrease the amount of money that is spent on programmes that have already been authorised by Congress and have had funds allocated to them in appropriations legislation. Experts say a failure to raise the debt limit would force the government to default on its debt and precipitate a worldwide financial crisis. The last time the US flirted with that disastrous outcome was 2011, when Republicans controlled the House and Democrats controlled the Senate and the White House. Mr Biden, then the vice president under Barack Obama, led the negotiations with congressional leaders that headed off a default, but not before the US had its credit rating decreased for the first time in history. That 2011 dispute ended with Republicans suffering a drop in their approval ratings and facing accusations of endangering the US economy for political reasons. It also came along with an unprecedented downgrade in America’s credit rating. Those same charges are being raised again now by the White House and the president’s allies in Congress, who are holding firm on Mr Biden’s call for a clean debt limit boost. With both sides as far apart as they were three months ago, it’s unclear whether the White House expects Tuesday’s congressional confab to end with any positive progress on ending the impasse and preventing a default. One clue as to what Mr Biden’s advisers may be thinking can be found in the president’s travel schedule. The White House has said Mr Biden will travel to New York on Wednesday for what it describes as remarks on “why Congress must avoid default immediately and without conditions, and how the House Republican Default on America Act will cut veterans’ health care visits, teachers and school support staffs, and Meals on Wheels for seniors”. White House aides have also refused to describe the Tuesday meeting as a negotiating session. At Monday’s daily press briefing, White House Press Secretary reiterated the president’s position opposing any negotiations and demanding a clean debt ceiling increase. “There shouldn't be negotiations on the debt on the debt limit. This is something that they should get to regular order and get to work on. We should not have our House Republicans manufacturing a crisis on something that has been done 78 times since 1960. This is their constitutional duty, Congress must act. That's what the President is going to make very clear with with the leaders tomorrow,” she said.
1970-01-01 08:00
21 best documentaries streaming now on Prime Video for when you need a good dose of reality
Most documentaries have lessons to impart and important things to say, but some of the
2023-09-06 17:00
England's Lauren James apologizes for red card after stepping on Nigeria's Michelle Alozie
England's star player Lauren James has apologized for stepping on an opponent during the team's Round of 16 game against Nigeria, a move that earned her a red card and elimination from at least one World Cup match.
2023-08-09 12:46
'Stoked' Ricciardo replaces de Vries at AlphaTauri
Daniel Ricciardo is back on the Formula One grid, the Australian replacing rookie Nyck de Vries at AlphaTauri, the...
2023-07-11 23:14
Football transfer rumours: Man Utd to battle Real Madrid for Gnabry; Arsenal hold Watkins talks
Wednesday's roundup of transfer rumours includes news on Man Utd rivalling Real Madrid for Serge Gnabry, Arsenal meeting with the agent of Ollie Watkins, Liverpool want Federico Chiesa as a Mohamed Salah replacement and more.
2023-09-27 16:15
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