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US to grow at double the rate of G7 peers this year, says IMF: Fund also upgrades inflation forecasts as strong demand and tight labour market delay possible Fed ...
ft.com/content/3b819571-662d-4185-9ca5-c7e682b55700
Quick Glance: IMF upgrades global growth forecast despite risks
- The International Monetary Fund slightly raised its global growth forecast on Tuesday, noting that the economy had proven 'surprisingly resilient' despite inflationary pressures and monetary policy shifts.
- IMF's chief economist, Pierre-Olivier Gourinchas, indicated that the global economy is heading for a 'soft landing,' with risks to the outlook now broadly balanced.
- While advanced economies are expected to lead the growth, dim prospects in China and other major emerging markets could impact global trade partners, according to the report.
- Despite Tuesday's brighter outlook, global growth remains low compared to historical standards, partly due to weak productivity growth and increasing geopolitical fragmentation.
UK basketball recruit Travis Perry is sticking with the Wildcats and new coach Mark Pope
kentucky.com/sports/college/kentucky-sports/uk-recruiting/article287776805.html
Quick Glance: Travis Perry Commits to Kentucky Wildcats Under Coach Mark Pope
- Travis Perry confirms his decision to play at Kentucky Wildcats despite coaching changes.
- Perry, a 6-foot-2 in-state guard, is likely to be the only member of the 2024 recruiting class to stay.
- Perry, a four-star recruit, is expected to thrive in Pope's five-out offense.
- Perry becomes the third confirmed player in Pope's first roster for the 2024-2025 season.
Two horses seen galloping on the loose through central London: ITV News crews filmed two horses - who appeared to be on the loose - on Wednesday.
itv.com/news/london/2024-04-24/two-horses-seen-galloping-on-the-loose-through-central-london
Quick Glance: London Chaos: Military Horses Run Wild
- Five military horses bolted during an exercise near Buckingham Palace, causing chaos in central London streets.
- The horses were spooked by noise from a construction site, threw off their riders, and collided with vehicles.
- Three injured soldiers were hospitalized, but none of the injuries were life-threatening.
- The horses were captured shortly after and taken back to the barracks for medical tests.
Kensington Palace releases photo to celebrate Prince Louis' sixth birthday: The photo was taken by his mother, Kate, in the days running up to the prince's ...
itv.com/news/2024-04-22/prince-louis-celebrates-sixth-birthday
Quick Glance: Celebration of Prince Louis' Sixth Birthday by Kensington Palace
- A recent photo of Prince Louis, captured by The Princess of Wales in Windsor, has been posted on Kensington Palace's social media to commemorate his sixth birthday.
- In honor of his sixth birthday, events are being organized for William and Kate's youngest child to partake in.
- The released photo marks the first image of the children since the contentious Mother's Day picture altered by Kate.
- Following the Easter break, Prince Louis resumes classes at Lambrook School in Berkshire alongside his siblings.
NBA G League Ignite coach is Mark Pope’s second addition to his first UK basketball staff
kentucky.com/sports/college/kentucky-sports/uk-basketball-men/article287902020.html
Brazil seeks to weaken fiscal targets it set only a year ago: Leftist administration of Luiz Inácio Lula da Silva wants greater flexibility on budget surplus ...
ft.com/content/14e6a4d4-8be7-46cf-bb51-8445b0e85dc1
Quick Glance: Brazil Moves to Relax Fiscal Targets Set a Year Ago
- The leftist administration of Luiz Inácio Lula da Silva wants more flexibility on budget surplus goals
- Brazilian President Luiz Inácio Lula da Silva’s government is seeking to loosen its own budget targets as investor concerns rise about the risk of fiscal slippage in Latin America’s largest economy
- Ministers intend to balance the budget next year, replacing the previous goal for income to exceed outgoings by 0.5 per cent of gross domestic product
- Analysts warn that the current deficit targets are unrealistic and likely to be tweaked, prompting investors to express concerns about Brazil’s economic approach under Lula
UK businesses to suffer if TikTok banned in the US: UK businesses using TikTok say they could see a significant drop in sales if the app is banned in the US.
bbc.com/news/articles/c3gl5qly48qo
Quick Glance: Measures Against TikTok: Biden Sets Deadline for Sale
- President Biden has signed legislation requiring ByteDance to fully divest from TikTok within a year or potentially face a nationwide ban.
- This action poses a significant challenge to the future of the video-streaming app in the U.S. and escalates the technological conflict between America and China.
- TikTok plans to take legal action against the Biden administration, citing concerns that the law could impede the free speech of millions of Americans.
- This requirement was incorporated into a bill providing foreign aid for Israel, Ukraine, and Taiwan, mandating ByteDance to sell its stake in TikTok within 12 months under the threat of closure.
UK basketball transfer Amari Williams ‘a man among boys on the court,’ Mark Pope says
kentucky.com/sports/college/kentucky-sports/uk-recruiting/article287890340.html
Quick Glance: NFL Coach Compares Caleb Williams to Russell Wilson for Lack of Self-Awareness
- An anonymous offensive assistant coach described Williams as giving off a 'Russell Wilson vibe with this lack of self-awareness.'
- Williams' father, Carl, has had discussions with agents to potentially get his son an ownership stake from the team that drafts him.
- There was speculation that Williams did not want to play for the Chicago Bears, who hold the first pick.
- Williams will have a team to manage and promote his brand, as is the case with any star player or high-level prospect.
Mark Pope’s debut was something else. ‘It felt like the best days of Kentucky basketball.’
kentucky.com/sports/college/kentucky-sports/uk-basketball-men/article287672295.html
Quick Glance: Enthusiastic Kentucky Fans Welcome Mark Pope as New Wildcats Coach at Rupp Arena
- Mark Pope's debut game as Kentucky's coach is still over six months away. However, the manner in which fans packed Rupp Arena for his unveiling as UK's new men's basketball coach would surprise those unfamiliar with the sport's calendar, considering the 2024-25 season doesn't commence until November.
- Rupp Arena accommodates 20,500 spectators. The lower section of the venue features 10,000 theater-style seats, all of which were occupied. The upper section, with an additional 10,500 seats, took longer to fill, but by the time Pope was formally introduced at 4:54 p.m. on Sunday, not a single seat was vacant.
- All of this to greet back a beloved figure.
- "We witness these introductory press conferences frequently," Pope remarked. "No individual worldwide has ever witnessed a spectacle like this."
Prince Harry confirms he is now a US resident: Prince Harry, the son of King Charles III and fifth in line to the British throne, has formally confirmed he is ...
apnews.com/article/prince-harry-us-resident-meghan-5bad226e20fede037b5ce836cb1e6a60
Quick Glance: Prince Harry Officially Residing in U.S.
- Prince Harry and his wife Meghan have considered California home, and now his official residency in the U.S. has been documented in a corporate filing.
- The document was filed at Britain’s corporate registrar, Companies House, to update the official residency of the British royal for business records of Travalyst Limited.
- There had been little official confirmation of Harry’s residency status until this week, with an entry indicating a change of residency to June 29, 2023, the day the couple left Frogmore Cottage, their British home.
- It is unclear what type of U.S. visa or residency permit Harry holds, despite efforts by conservative activists in the U.S. to ascertain them, including an ongoing lawsuit.
US deficit poses ‘significant risks’ to global economy, warns IMF: Fund also cites concerns over fiscal ‘imbalances’ in UK, China and Italy
ft.com/content/0d098011-0ff5-4125-8cbb-5a5b281c9bd0
Quick Glance: IMF Warns of Fiscal Deficits in US and China
- The IMF has warned the US that its massive fiscal deficits have stoked inflation and pose “significant risks” for the global economy.
- Concerns were also raised about Chinese government debt, with the country projected to have a deficit of 7.6 per cent in 2025, more than double the average for other emerging markets.
- In addition to the US and China, the fund named two more countries that “critically need to take policy action to address fundamental imbalances between spending and revenues”.
- The IMF noted that “large and sudden increases” in US borrowing costs typically lead to surges in government bond yields globally and exchange rate turbulence in emerging markets and developing economies.
US passes Ukraine and Israel aid package after months of infighting: President Biden will sign into law a package of military aid worth $95 billion for America’s ...
thetimes.co.uk/article/senate-passes-95-billion-military-aid-package-after-months-of-infighting-5j9zvn770
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Quick Glance: Biden signs Comprehensive Military Aid Package for Ukraine, Israel, and Taiwan
- President Biden announces the signing of a substantial $95 billion military assistance package for Ukraine, Israel, and Taiwan, with a significant portion of the funds directed towards Ukraine.
- Despite initial resistance from Republicans in Congress, Biden has signed the aid package, highlighting the reinforcement of allies and ensuring prompt deliveries to Ukraine.
- The assistance for Ukraine includes weapons and military equipment valued at around $1 billion, encompassing artillery shells and air defense missiles.
- Military analysts do not foresee significant changes on the frontlines in eastern Ukraine, while the US support aims to aid Ukraine in operations in southern Ukraine, particularly focusing on Crimea and the Black Sea.
Michael O’Leary says he’d ‘happily’ offer UK deportation flights to Rwanda: The Ryanair boss said he would ‘quote for the business’ from the UK government if it ...
businesspost.ie/article/michael-oleary-says-hed-happily-offer-uk-deportation-flights-to-rwanda/
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Who was St George? The irony behind England's patron saint: Today (23 April) marks St George’s Day – a day to celebrate the Christian martyr who became the ...
indy100.com/news/who-was-st-george
UK Boosts Borrowing to Cover Deficit, Curbing Tax Cut Hopes: The UK boosted its borrowing plans after the government’s budget shortfall overshot forecasts ...
bloomberg.com/news/articles/2024-04-23/uk-budget-deficit-overshoots-in-setback-for-hunt-s-tax-cut-plans
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Mark Pope to meet with former Kentucky recruit Jayden Quaintance. Could he stick with UK?
kentucky.com/sports/college/kentucky-sports/uk-recruiting/article287933005.html
Post-Brexit Food Checks Will Be ‘Light-Touch,’ UK Minister Says: The UK will enforce “light-touch” post-Brexit checks on food and plant products beginning later ...
bloomberg.com/news/articles/2024-04-23/post-brexit-food-checks-will-be-light-touch-uk-minister-says
Captain Tom Moore’s daughter puts his home up for sale for £2.25m: The listing comes less than three months after the demolition of an unauthorised spa pool ...
inews.co.uk/news/captain-tom-moore-family-home-sale-millions-3023742
Lexington public high school makes US News & World Report’s 10 best in Kentucky: Lafayette High School is among the top public high schools in Kentucky in US ...
kentucky.com/news/local/education/article287935250.html
Jeff Sheppard ‘pumped up’ for the Mark Pope era to begin. ‘This is going to be awesome.’
kentucky.com/sports/college/kentucky-sports/uk-basketball-men/article287624765.html
Britain to raise defence spending to 2.5% of GDP by 2030: Rishi Sunak is expected to say he will increase the UK military budget every year ...
thetimes.co.uk/article/rishi-sunak-defence-spending-uk-2030-xxgfwtvf7
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Quick Glance: Increase in UK defence spending by 2030
- Prime Minister Rishi Sunak commits to raising spending to 2.5% of GDP, putting the defence industry on a 'war footing'.
- Sunak emphasized the need for deeper stockpiles of munitions and quicker replenishment due to the events in the Ukraine conflict.
- The planned increase in defence spending would require significant financial reshuffling, partly through announced measures to reduce the size of the civil service.
- Shortly after announcing the pledge to send weapons worth 500 million pounds to Ukraine, this commitment followed.
UK basketball recruit Travis Perry is sticking with the Wildcats and new coach Mark Pope
kentucky.com/sports/college/kentucky-sports/uk-recruiting/article287776805.html
In 2024-25, Kentucky basketball fans will see things they haven’t witnessed before
kentucky.com/sports/spt-columns-blogs/mark-story/article287835720.html
Micron secures $13bn in US support to expand chipmaking capacity: Idaho-based memory chipmaker is latest beneficiary of funding from 2022 Chips Act
ft.com/content/084c5cce-3734-4c28-8cab-ee1ecaa7e402
Britain unveils its next-gen main battle tank: Rheinmetall BAE Systems Land (RBSL) has rolled out Europe’s most advanced tank, the latest Challenger 3 prototype ...
defence-blog.com/britain-unveils-its-next-gen-main-battle-tank/
Three arrested over Channel migrant deaths: The men were arrested on suspicion of facilitating illegal immigration and of entering the UK illegally, police said.
bbc.com/news/uk-68890850
Rebel Wilson book published in the UK with Sacha Baron Cohen text redacted: Some sections of the UK edition of the book, released on Thursday, have been redacted ...
bbc.com/news/articles/cgrwn4gg7xgo
Quick Glance: Rebel Wilson's Memoir Published in UK with Redacted Passages
- The UK edition of Australian actor Rebel Wilson's memoir will be published with redacted passages concerning her experience on set with Sacha Baron Cohen.
- HarperCollins mentioned that they have blacked out part of a page in the UK edition along with other small sections for legal reasons.
- Rebel Wilson's memoir, Rebel Rising, is set to be released in the UK this week following its earlier release in the US.
- Baron Cohen's representatives rejected the allegations of bad behavior on set and applauded the removal of Wilson's defamatory claims from the UK edition of the book.
High-scoring college forward will visit Kentucky basketball and Mark Pope next week
kentucky.com/sports/college/kentucky-sports/uk-recruiting/article287935020.html
BYU’s best basketball recruit in nearly a decade now Mark Pope’s 1st commitment at Kentucky
kentucky.com/sports/college/kentucky-sports/uk-recruiting/article287657255.html
How Wind Power Is Taking Over the UK Power Grid: The UK’s power grid is off to its greenest start ever this year.
bloomberg.com/news/articles/2024-04-25/how-wind-power-is-taking-over-the-uk-power-grid
Mark Pope’s Kentucky basketball roster rebuild will require plenty of portal patience
kentucky.com/sports/spt-columns-blogs/john-clay/article287931520.html
Violence breaks out at St George's Day event in central London: The Metropolitan Police released footage showing a group of men - some draped in St George's ...
news.sky.com/story/violence-breaks-out-at-st-georges-day-event-in-central-london-13121301
UK Regulator Plans to Broaden Scope of ESG Investing Regulations: The UK’s Financial Conduct Authority is planning to expand the scope of its ESG investment ...
bloomberg.com/news/articles/2024-04-23/uk-regulator-plans-to-broaden-scope-of-esg-investing-regulations
Almost Half of UK Tax Collectors Miss Target to Work in Office: Almost half of Britain’s tax collectors are failing to meet the government department’s ...
bloomberg.com/news/articles/2024-04-24/almost-half-of-uk-tax-collectors-miss-target-to-work-in-office
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Reed Sheppard will enter the NBA draft. His Kentucky career is over.: Kentucky basketball star Reed Sheppard will enter the 2024 NBA draft and does not plan to ...
kentucky.com/sports/college/kentucky-sports/uk-basketball-men/article287302460.html
StanChart Tells Clients Craving Oil, Copper to Beware Inflation: Some Standard Chartered Plc clients are increasingly favoring tangible assets like copper and ...
bloomberg.com/news/articles/2024-04-24/stanchart-tells-clients-craving-oil-copper-to-beware-inflation
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Two horses which bolted through central London in a 'serious condition'
news.sky.com/story/two-horses-which-bolted-through-central-london-in-a-serious-condition-13122508
Ellen Calipari posts goodbye video, supportive of Kentucky departure: Ellen Calipari said she’s supportive of John Calipari as new coach of Arkansas and thanked ...
kentucky.com/sports/college/kentucky-sports/uk-basketball-men/article287545535.html
Quick Glance: Arkansas Saves Kentucky and John Calipari
- John Calipari and Kentucky were on the brink of giving it one more shot. Arkansas saved them from themselves - and that's good for everyone.
- The relationship between the 65-year-old Hall of Fame coach and the elite program was not just dull but also burdensome. When athletic director Mitch Barnhart and Calipari sat for a local television interview last month to assure fans that they were on the same page and committed to getting the Wildcats back on top, it seemed more like a hostage video.
- Arkansas and its billionaire supporters unexpectedly intervened to recruit the coach nobody else pursued and offer him a compensation beyond what others could provide. Everyone benefits. Perhaps not the Razorbacks - time will tell - but certainly Calipari and Kentucky. He was in desperate need of a fresh start, as were the Wildcats. After failing to reach the second weekend of the NCAA Tournament for the fourth consecutive year, the individual who led Kentucky to seven Elite Eights, four Final Fours, and a national title in his initial decade came to a realization.
- This is not intended to diminish Calipari's past achievements at Kentucky. He revitalized the Cats, contributed to their national title, and kept UK in contention for a championship nearly every year during his remarkable first ten years. He served as a positive influence in the state, demonstrating his philanthropy in times of crisis. This is about recognizing that since 2020, Calipari was tarnishing this legacy. It's about acknowledging that both sides knew the journey had come to an end and it was time to step away. Just when it seemed that Calipari and Kentucky were considering another attempt, Arkansas intervened and rescued them from themselves.
UK grocery inflation falls to 30-month low: Grocery price growth eases to 3.2% in four weeks to mid-April as retailers focus on special offers
ft.com/content/da639524-3d28-42de-b494-57be5af69628
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Rishi Sunak Enters Rwanda Migration Plan Endgame With UK Tories Fearing Failure: As Rishi Sunak’s flagship migration policy enters its endgame next week ...
bloomberg.com/news/articles/2024-04-20/rishi-sunak-enters-rwanda-migration-plan-endgame-with-uk-tories-fearing-failure
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Spotify hits record quarterly profit as it enters ‘new phase’: Pioneer of music streaming kicks off more mature era for its business after years of freer ...
ft.com/content/b6353fb2-a149-46ae-bb12-901e65d2c445
Boris Johnson breached rules by not disclosing links with hedge fund: Whitehall watchdog accuses former UK prime minister of being ‘evasive’ around tie to Merlyn ...
ft.com/content/ece2996d-10dd-44c0-a62f-94f774f10977
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UK police charge two men with spying for China
reut.rs/4aHN4XD
Quick Glance: Charges Filed Against UK Ex-Parliamentary Researcher for 'China Espionage'
- London's Metropolitan Police has accused two men, researcher Christopher Cash and Christopher Berry, of violating the Official Secrets Act.
- The charges coincided with the announcement of the arrest of three German nationals suspected of spying for China and accessing secret maritime technology by German investigators.
- The British duo is alleged to have transmitted 'articles, notes, documents or information' to a foreign state between 2021 and the previous year.
- In September, the Met Police disclosed the arrest of a man in his twenties on espionage suspicions. The Sunday Times revealed his parliamentary researcher identity.
Nestlé hit by slowing frozen pizza sales in North America: US consumers’ changing habits in response to high prices takes toll on demand
ft.com/content/410bc0da-f2b0-4836-b114-e59921f8b41d
Mark Pope is building his staff at Kentucky. And the Cats got some good financial fortune.
kentucky.com/sports/college/kentucky-sports/uk-basketball-men/article287721390.html
Commodity prices could keep inflation high, warns World Bank: Sharp falls in commodities are unlikely to continue, says lender, making it harder for central ...
ft.com/content/769c8c79-312a-49d9-9451-a91e1b4a6faf
MEPs call to seize Russia’s hundreds of billions in frozen assets: Lawmakers want to see more support for Ukraine as US and UK counterparts advance.
euronews.com/my-europe/2024/04/23/meps-call-to-seize-russias-hundreds-of-billions-in-frozen-assets
Quick Glance: State Customs Service: Polish Protesters Cease Border Blockade
- The blockade by Polish protesters at the Yahodyn-Dorohusk border crossing on the Polish-Ukrainian border was lifted by Ukraine's State Customs Service on April 22.
- Traffic flow in both directions was restored as of 1:40 p.m.
- As per Valentyna Chernysh, a representative of the customs office in Volyn Oblast, there were 400 trucks queued on the Polish side of the border, with an additional 140 in a digital queue.
- Despite a reduction in border blockades, the State Customs Service indicated on April 17 that Polish protesters intended to block the Korczowa-Krakovets border crossing for a two-day period.
‘Saddened’ by art course cut, Lexington restaurant offers students free food, display space
kentucky.com/news/local/education/article287981845.html
Frank Field, Labour MP and peer, dies aged 81: Former minister revealed last year that prostate cancer had spread to his jaw
thetimes.co.uk/article/frank-field-dies-dead-labour-mp-3q5dsl0nt
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Quick Glance: Farewell to Frank Field: A Life Dedicated to Social Justice
- The former Labour minister and advocate for poverty alleviation, Frank Field, has passed away at the age of 81.
- Throughout his career in Westminster, Lord Field championed social causes such as child poverty and modern slavery for over four decades.
- Field succumbed to a long battle with cancer in a care home in London. He advocated for a 2021 bill on assisted dying in England and Wales.
- His family emphasized that Field will be mourned by admirers in the political realm, but most of all missed by those fortunate enough to have experienced his laughter and friendship.
Lawsuit accuses Grindr of illegally sharing users' HIV status: LGBTQ+ dating app's maker previously denied selling sensitive user data
theregister.com/2024/04/22/class_action_suit_data_protection_uk_grindr/
Quick Glance: Lawsuit Alleges Grindr's Unauthorized HIV Status Disclosure
- A group of 670 individuals have joined a class action lawsuit against LGBTQ+ dating app Grindr in the UK seeking damages for the alleged unauthorized disclosure of HIV status and other sensitive data to third parties.
- The lawsuit claims that Grindr violated UK data protection laws by sharing user data without consent, particularly data disclosed before April 3, 2018, and between May 25, 2018, and April 7, 2020.
- Researchers from SINTEF in 2018 published information indicating that Grindr was sharing user data, including HIV status, with analytics companies, sparking intense criticism and prompting changes to the company's privacy policy.
- Grindr was fined 65 million Norwegian kroner for violating GDPR consent rules, leading to further legal issues in the US.
US, UK, Japan Propose Additional World Bank Funds to Boost Lending: Eleven rich countries including Japan, the UK and US proposed providing the World Bank with ...
bloomberg.com/news/articles/2024-04-19/rich-nations-propose-11-billion-for-world-bank-to-boost-lending
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Kentucky men's, Tennessee women's basketball coaching challenges - ESPN: These are supposed to be dream jobs for many college basketball coaches. And yet ...
espn.com/mens-college-basketball/story/_/id/40010040/challenges-coaching-kentucky-mens-tennessee-womens-college-basketball-programs
UK insurers told to keep motor charges 'reasonable' after backlash: The Association of British Insurers (ABI) told its members on Thursday to keep monthly ...
reuters.com/world/uk/uk-insurers-told-keep-motor-charges-reasonable-after-backlash-2024-04-24/
Man and woman charged over £1000 dine and dash theft: Ann McDonagh, 39, and Bernard McDonagh, from Port Talbot in Wales, have been charged with five counts of ...
metro.co.uk/2024/04/24/two-people-charged-dine-dash-spree-wales-20709589/
Freezing nights to come before Arctic air moves away from UK over weekend: The Met Office said temperatures in parts of northern England and Scotland could ...
itv.com/news/2024-04-24/freezing-nights-to-come-before-arctic-air-moves-away-from-uk-over-weekend
Freezing nights forecast for parts of UK, with snow possible in some areas: Temperatures could hit -3C in northern England and Scotland, but Met Office says ...
theguardian.com/uk-news/2024/apr/24/freezing-nights-forecast-for-parts-of-uk-with-snow-possible-in-some-areas
AFC Joins $20 Billion Morocco-to-UK Subsea Power Export Project: Africa Finance Corp. will join a group of companies developing a project to produce solar and ...
bloomberg.com/news/articles/2024-04-22/afc-joins-20-billion-morocco-to-uk-subsea-power-export-project
Prince Harry 'furious and in tears' over Frogmore Cottage eviction: King Charles requested that he give up the keys to the cottage on Windsor Great Park ...
metro.co.uk/2024/04/21/prince-harry-furious-tears-frogmore-cottage-eviction-20687185/
What are the new post-Brexit border controls starting on April 30?: On April 30, the second phase of Britain's new post-Brexit border controls for food imports ...
reuters.com/world/europe/what-are-new-post-brexit-border-controls-starting-april-30-2024-04-22/
UK car output falls in March as EV-transition gears up, says industry body: Britain's car production fell 27.1% year-on-year in March as manufacturers wound down ...
reuters.com/business/autos-transportation/uk-car-output-falls-march-ev-transition-gears-up-says-industry-body-2024-04-24/
Kate Garraway goes 'missing' from Good Morning Britain as she's replaced: Good Morning Britain viewers were left puzzled today as Kate Garraway failed to appear ...
mirror.co.uk/tv/tv-news/kate-garraway-goes-missing-itv-32666715
Fintech firm Revolut plans to hire 1,500 staff by end of year: British fintech company Revolut has added nearly 2,000 employees since the start of 2024 and plans ...
reuters.com/business/finance/fintech-firm-revolut-plans-hire-1500-staff-by-end-year-2024-04-24/
LIVE: Britain's Rishi Sunak visits military base in Poland: Reuters Live on X (Twitter)
twitter.com/i/broadcasts/1MYxNoqYLebKw
UK inflation falls less than expected to 3.2% in March: Rate continues to drop but economists had forecast a decline to 3.1%
ft.com/content/f70f52d1-87ac-42f9-a0c3-be3e5e88d711
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Quick Glance: Powell Warns of Lack of Progress on Inflation
- Federal Reserve Chair Jerome Powell emphasized that the U.S. economy, while otherwise strong, has not seen a return of inflation to the central bank's target.
- Powell mentioned that the current policy should remain in place as inflation has not declined quickly enough and there has been no further progress towards the 2% goal.
- Since July 2023, the Fed has maintained its benchmark interest rate in a target range between 5.25% and 5.5%, the result of 11 consecutive rate hikes.
- Financial markets have had to adjust their expectations for rate cuts this year as inflation has been higher than expected, and the Fed's policy continues to be dependent on data.
Handbags and China demand boost sales at Hermès : Maker of Birkin bags beats expectations with strong demand for leather goods and jewellery as it defies luxury ...
ft.com/content/75033288-8e69-42e1-b4cf-5457a9c129a9
China’s ageing tech workers hit by ‘curse of 35’: Discrimination against older employees particularly apparent in sector where executives openly state preference ...
ft.com/content/5cf306ad-3a39-4357-b7b3-1d2644bb13a7
The UK Stock Market is Shrinking. Here's How to Save It.: Endless outflows need to be stopped — Charles Hall of broker Peel Hunt explains how and why.
bloomberg.com/news/newsletters/2024-04-19/the-uk-stock-market-is-shrinking-here-s-how-to-save-it
Europe's bank earnings to offer interest rate reality check: Investors should get a clearer picture this week of whether higher interest rates are still boosting ...
reuters.com/business/finance/europes-bank-earnings-offer-interest-rate-reality-check-2024-04-22/
Quick Glance: Overview: Tesla Stocks Plummet, Europe Business Surpasses Expectations
- World markets have brightened slightly this week, but Tesla is facing a critical earnings test, while Europe's business pulse has surprisingly been lively this month.
- Following the worst week on Wall Street since 2022, relief from easing Middle East tensions helped stabilize the situation on Monday. The chip giant Nvidia made a modest recovery from losses as Big Tech megacaps gear up for quarterly earnings releases.
- As the first of the 'Magnificent 7' Vanguard stocks, electric vehicle giant Tesla will report on Tuesday, having plummeted by a substantial 43% year-to-date and nearly 60% over the past two years amidst fierce price competition, declining EV demand, and governance/product concerns.
- While Big Tech jitters define this month's market fluctuations, investors will closely watch the upcoming results for a clearer perspective.
Girl, 9, ‘kidnapped’ outside Harrods in London as man arrested: A man has been arrested on suspicion of kidnapping after a girl, nine, was 'snatched' ...
metro.co.uk/2024/04/23/girl-9-kidnapped-outside-harrods-london-man-arrested-20703791/
Rishi Sunak Goes to Warsaw: The Readout With Aibhe Rea: Hi there, I’m Ailbhe Rea, a Bloomberg UK Associate Editor based in Westminster. Hope you enjoy today’s ...
bloomberg.com/news/newsletters/2024-04-23/rishi-sunak-goes-to-warsaw-the-readout-with-aibhe-rea
Kentucky basketball's Jordan Burks reportedly plans to transfer: Kentucky basketball freshman Jordan Burks reportedly has entered the transfer portal after one ...
courier-journal.com/story/sports/college/kentucky/2024/04/19/kentucky-basketball-jordan-burks-mark-pope-john-calipari-transfer-portal-recruiting/73014458007/
Investors price in growing chance of another Federal Reserve interest rate rise: While base case remains reduction in borrowing costs, options market shows a 20% ...
ft.com/content/8c5da64b-766e-4993-86f5-aac95342432a
Employee non-compete agreements barred by US regulator: Federal Trade Commission head says move will help raise wages but business lobby vows to sue
ft.com/content/0abc66f2-8372-4552-b1a0-df004fd85de7
Wet wipes with plastic will face ban by summer: Retailers will have 18 months to totally phase out plastic containing wipes in a bid to reduce pollution and ...
thetimes.co.uk/article/wet-wipes-with-plastic-will-face-ban-by-summer-jd89xvm09
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Over a million Neighbourhood Watch members exposed through web app bug: Unverified users could scoop up data on high-value individuals without any form of ...
theregister.com/2024/04/23/neighbourhood_watch_privacy_bug/
Does Mark Pope still have time to build a contender for next season? ‘He’s turning heads.’
kentucky.com/sports/college/kentucky-sports/uk-basketball-men/article287788840.html
Deportation to Rwanda or Albania? Rome and London discuss migration: The British Home Secretary meets his Italian counterpart on the island of Lampedusa ...
de.euronews.com/2024/04/24/abschieben-nach-ruanda-oder-albanien-rom-und-london-besprechen-migrationspolitik
Quick Glance: Deportation to Albania? Rome and London Discuss Migration
- The British Home Secretary meets his Italian counterpart in Lampedusa, showing unity on migration issues.
- Britain is taking measures to prevent dangerous Channel crossings.
- The controversial Rwanda law for deporting asylum seekers faces international criticism.
- Some in Rwanda are skeptical about hosting refugees from the UK.
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