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Boy, 8, with backpack goes missing from primary school as urgent search launched: Eight-year-old Aidan went missing from Sandy Lane Primary School, in Bracknell ...
mirror.co.uk/news/uk-news/breaking-boy-backpack-8-goes-28659505
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Boy, 8, with backpack goes missing from primary school as urgent search launched: Eight-year-old Aidan went missing from Sandy Lane Primary School, in Bracknell ...
mirror.co.uk/news/uk-news/breaking-boy-backpack-8-goes-28659505
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.
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
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.
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 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.
Britain’s Retail Sales Disappoint in Sign of Lackluster Recovery: UK retail sales stalled unexpectedly in March after shoppers scaled back spending on food and ...
bloomberg.com/news/articles/2024-04-19/britain-s-retail-sales-disappoint-in-sign-of-lackluster-recovery
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Warwick Davis' wife Samantha dies aged 53: Samantha Davis, who co-founded the charity Little People UK, has died
liverpoolecho.co.uk/news/showbiz-news/warwick-davis-wife-samantha-dies-29015948
Quick Glance: Warwick Davis Mourns Wife Samantha Davis After Her Passing at 53
- Actress Samantha Davis, the wife of Star Wars and Harry Potter actor Warwick Davis, has passed away at the age of 53.
- Her husband Warwick confirmed Samantha's passing in a statement, revealing that she departed on March 24.
- In a statement, Warwick described the impact of Samantha's passing on his and his family's lives.
- Warwick also praised Samantha as his 'most trusted confidant and an ardent supporter of everything I did in my career.'
Rishi Sunak launches crackdown on Britain’s ‘sick note’ culture: Mental and behavioural disorders were most common cause given by doctors for ordering workers to ...
ft.com/content/c2ce5fc7-81d7-4f07-b339-c868bcd6df26
Joe Biden’s approval rating on the economy is rising among US voters: FT-Michigan Ross poll finds president’s gains could be derailed by persistent fears over ...
ft.com/content/bdd37729-8225-4f52-ae88-a7edeb329bb5
Cocoa hits record high as global shortage worsens in first quarter: London futures prices near £10,000 a tonne as poor west African harvests hit supplies
ft.com/content/0709ee7e-a6df-43b3-81c3-afaa219df06d
Boy, five, killed when motorbike crashed into car was 'kindest soul': Teddy Hickman, five, died after a motorbike crashed into the car he was in on the B4011 in ...
metro.co.uk/2024/04/19/boy-five-killed-motorbike-crashed-car-kindest-soul-20678039/
BlackRock assets under management hit record $10.5tn: Net income rises 36% in first quarter
ft.com/content/52da6184-fab7-4ff4-b9d2-33e30db6ac4e
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Quick Glance: Record Asset Milestone: BlackRock Reaches $10.5 Trillion
- Top asset manager reports strong first-quarter results, despite underwhelming inflows.
- BlackRock achieved a record asset milestone of $10.5 trillion and a net income increase of over one-third.
- Despite disappointing inflows, the company exceeded analyst expectations in net income and revenue.
- CEO Larry Fink emphasized growth potential and the success of a Bitcoin Exchange Traded Fund impacting ETF flows.
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Quick Glance: Russia Strikes Chernihiv: 18 Dead, Ukraine Appeals for Air Defense
- At least 18 people were killed and over 60 wounded in Chernihiv due to Russian missile strikes. Ukrainian officials emphasized that the attack could have been prevented with adequate air defense systems.
- Russia launched three Iskander cruise missiles at the city, located near the Russian border and previously encircled by Russian troops.
- Ukraine currently has three Patriot air defense systems but requires 26 for full coverage. Following appeals for more systems, Germany pledged to send an additional one.
- A $60 billion aid package for Ukraine is stalled in the US Congress, allowing Russia to exploit ammunition and air defense shortages and gain ground in the east.
Amazon could soon be forced to recognise UK's GMB trade union: U.S. technology and retail giant Amazon AMZN.O could soon be required to formally recognise the ...
reuters.com/world/uk/amazon-could-soon-be-forced-recognise-uks-gmb-union-2024-04-19/
Bishop stabbed in Sydney church says he forgives attacker: Mar Mari Emmanuel shares message from hospital bed after being attacked while giving a sermon that was ...
thetimes.co.uk/article/sydney-church-stabbing-bishop-mar-mari-emmanuel-qcgtq0hj6
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Animal cruelty in Britain: rabbits, snakes and birds killed - two boys convicted: They broke into an environmental school and killed more than 20 animals: two ...
spiegel.de/panorama/justiz/london-kaninchen-schlangen-und-voegel-getoetet-zwei-jungen-verurteilt-a-85d383bc-9f7d-4401-8184-f8882a933d1a
Quick Glance: Twelve Jurors Seated in Trump's Hush Money Trial
- A jury of 12 individuals was empaneled on Thursday in the landmark hush money trial of former President Donald Trump, bringing the proceedings closer to opening arguments and the commencement of weeks filled with compelling testimonies.
- The upcoming trial is anticipated to present unfavorable testimonies regarding Trump's personal life pre-presidency, including accusations of manipulating business records to suppress narratives in the final days of the 2016 election surrounding his intimate relationships.
- Central to the trial is a payment of $130,000 made by Cohen just before the 2016 election to adult film actress Stormy Daniels, aimed at preventing her allegations of a sexual encounter with Trump from being publicized in the campaign's final stretch.
- The selection of the jury holds paramount significance in any criminal proceeding, particularly so when the accused is a former president and the presumed Republican candidate. Potential jurors have undergone extensive scrutiny concerning their online presence, personal backgrounds, and political stances as legal representatives and the judge meticulously scrutinize for partialities that could compromise their impartiality.
If UK can’t land its top coaching candidates, is it time to bring Rick Pitino back?
kentucky.com/sports/spt-columns-blogs/mark-story/article287592545.html
Quick Glance: Tiger Woods Sets Record
- At this year's Masters in Augusta, Georgia, attention was on whether Tiger Woods would make the cut.
- Woods finished his opening rounds with a 1-over-par and an even-par, securing him comfortably above the cut line.
- His score was well above the projected cut, marking his 24th consecutive cut, a tournament record.
- As one of 27 players still on the course, Woods had a grueling day, mentioning fatigue after playing 23 holes.
UK Inflation Stronger Than Expected on Higher Fuel Prices: UK inflation slowed less than expected last month as fuel prices crept higher, underscoring the ...
bloomberg.com/news/articles/2024-04-17/uk-inflation-stronger-than-expected-on-higher-fuel-prices
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Tesla to cut 10% of global workforce: About 14,000 jobs set to go as brutal price war and EV slowdown hit US automaker
ft.com/content/76985413-9fcd-4ce3-aaa0-b785539c116d
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Netflix profits surge after password-sharing crackdown : Streaming pioneer says it will stop disclosing subscriber numbers and shift focus to engagement
ft.com/content/3c71289c-74af-4c9e-8327-d92b1f723dd3
Quick Glance: Netflix to Cease Reporting Subscriber Numbers from 2025
- Netflix will no longer report subscriber numbers starting from the first quarter of 2025. The announcement came with the first quarter 2024 results where Netflix exceeded expectations.
- Despite the success in the first quarter, Netflix shares dropped over 4.5% after-hours upon revealing the decision to stop reporting quarterly subscriber totals.
- The choice to discontinue reporting quarterly membership numbers or average revenue per member is based on Netflix's belief that engagement time is the best indicator of customer satisfaction.
- Netflix plans to announce major subscriber milestones but will halt reporting quarterly subscriber numbers and shift investor focus towards time-spent-viewing metrics.
A not so fond farewell: the Americanisation of Prince Harry is almost complete : The Sussexes have dropped their biggest hint yet that they may finally swap ...
independent.co.uk/voices/us-harry-megan-duke-sussex-royals-b2530851.html
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Prince Harry says travel industry must do more for local communities: Britain's Prince Harry said it was crucial the travel industry did better by the local ...
reut.rs/3xCNkZB
Sydney church stabbing: bishop injured in second knife attack: Bishop Mar Mari Emmanuel was injured while delivering a sermon that was being streamed online ...
thetimes.co.uk/article/sydney-stabbing-church-priest-bishop-ngc5cjffr
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Quick Glance: Bishop's Premonition and Stabbing Incident
- A well-known Sydney bishop, stabbed during a sermon, had been warned of a potential attack on his life in recent weeks.
- The attack on Bishop Mar Mari Emmanuel, allegedly by a 15-year-old, occurred at the Christ the Good Shepherd Church in Wakeley on Monday night following a sermon where the bishop mentioned that his death was imminent.
- The bishop clarified that his potential passing would not be an attempt to escape or avoid life, but rather a conscious desire to be with God.
- A 15-year-old boy was arrested after the attack on the bishop and three other men during a service at an Assyrian Orthodox church in Sydney's southwest. The bishop was taken to the hospital with multiple stab wounds and is currently in stable condition.
"Exaggerated": France's assessment of the Iranian attack on Israel: France and Britain agree that the Iranian attack on Israel was "excessive".
de.euronews.com/my-europe/2024/04/15/ubertrieben-irans-angriff-auf-israel-kommt-im-westen-naturgemass-nicht-gut-an
Quick Glance: New Measures Against Iran and Escalation in West Bank
- The United States intends to take further actions against Iran in the coming days to address the attacks on Israel over the weekend, as announced by US officials on Tuesday.
- To combat the escalation in the Israeli-occupied West Bank, Israeli and Palestinian officials reported the deaths of two Palestinians shot by Israeli settlers on Monday.
RAF shot down 'a number of drones' in Iran's attack on Israel: Rishi Sunak has confirmed that the RAF shot done Iran attack drones headed towards ...
news.sky.com/story/raf-shot-down-a-number-of-drones-in-irans-attack-on-israel-pm-confirms-13115066
Quick Glance: The Night Iran's Missile Show Rattled Israel
- In Tehran, 'Operation True Promise' launched an unprecedented aerial assault on Israel.
- The direct clash between powerful militaries showcased Israel's defense and Iran's display of power.
- Despite minor damages and injuries, the question remains whether this attack signifies further escalation or the start of a war.
- The missile and drone strikes resulted in minimal damage, with Israel and allies successfully intercepting most projectiles.
Man who set fire to UK mosque worshippers indefinitely detained: A man who set fire to two men as they left mosques in Britain last year was sentenced to ...
reuters.com/world/uk/man-who-set-fire-uk-mosque-worshippers-indefinitely-detained-2024-04-17/
Rishi Sunak faces cabinet revolt over leaving ECHR: Chancellor, home secretary and justice secretary are among a dozen ministers against leaving the European ...
thetimes.co.uk/article/rishi-sunak-faces-cabinet-revolt-over-leaving-echr-k8tfndfxq
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Quick Glance: Cabinet Revolt Looms Over Rishi Sunak's ECHR Exit
- According to reports by The Times, Rishi Sunak would face opposition from at least 12 cabinet ministers if he decides to leave the European Convention on Human Rights.
- It is understood that Jeremy Hunt, the chancellor, James Cleverly, the home secretary, Alex Chalk, the justice secretary, and Chris Heaton-Harris, the Northern Ireland secretary, are among those against leaving the convention.
- Following a significant ruling by the European Court of Human Rights in Strasbourg on Tuesday that governments have a duty to protect people from climate change, there is a growing sentiment among Conservative MPs to withdraw from the ECHR.
- Last week, Sunak issued a threat to exit the ECHR if flights to Rwanda are not resumed.
Salman Rushdie: Unleashed Donald Trump will drive me back to Britain: In his memoir, Knife: Meditations After an Attempted Murder, the author recalls the attack ...
thetimes.co.uk/article/salman-rushdie-book-memoir-donald-trump-w5wx3x576
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Forget boomers vs millennials, the next conflict is millennials vs each other: Growing wealth inequality between thirtysomethings could soon displace tensions ...
ft.com/content/46d8bd13-1be1-4c59-8be7-d30f9d756d92
JK Rowling: I won’t forgive Harry Potter stars over pro-trans views: The author criticised celebrities who supported the transitioning of children ...
thetimes.co.uk/article/jk-rowling-i-wont-forgive-harry-potter-stars-over-pro-trans-views-fp79wpbvn
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Quick Glance: JK Rowling's Dramatic Fall and Tragedy with Emma Watson and Daniel Radcliffe
- The relationship between JK Rowling and the actors of the Harry Potter franchise has significantly worsened.
- Rowling's comments on trans rights have led to a serious conflict.
- The discussion surrounding trans rights and Rowling's stance has far-reaching implications for the public.
- There is a need to engage in respectful and informative debate and find solutions that are fair to all parties involved.
Vietnamese property tycoon sentenced to death over $12bn fraud: State media says Truong My Lan’s crimes eroded public trust in ruling Communist party
ft.com/content/fcca4a8f-2de2-479f-b242-786f1bd2d512
Quick Glance: Death Sentence for Real Estate Tycoon in Vietnam's Largest Fraud Case
- Truong My Lan, a prominent businesswoman and real estate tycoon, was sentenced to death in Vietnam's largest financial fraud case, marking a shocking development in the country's escalating anti-corruption campaign.
- Born in 1956, Lan founded the Van Thinh Phat company with her family in 1992, which grew to become one of Vietnam's richest real estate firms linked to some of Ho Chi Minh's most valuable properties.
- She was accused of using the bank as her cash cow, illegally controlling it between 2012 and 2022, and using thousands of 'ghost companies' in Vietnam and abroad to give loans to herself and her allies.
- Her arrest in October 2022 falls within a period of increased anti-corruption efforts in Vietnam ramping up since 2022, impacting the country's economic outlook and unsettling foreign investors.
Smoking ban vote result: victory for Rishi Sunak as Badenoch leads Tory revolt: The business secretary joins dozens of Conservative MPs opposed to proposals to ...
thetimes.co.uk/article/smoking-ban-uk-rishi-sunak-tory-vote-hdp7xfjms
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Quick Glance: UK Lawmakers Support Groundbreaking 'Smoke-Free Generation' Bill
- The British government's plan for a landmark smoking ban to prevent young people from ever smoking passed its first hurdle in Parliament despite opposition from within Prime Minister Rishi Sunak's Conservative Party.
- The bill, announced by Sunak, would make it illegal to sell tobacco products to anyone born after January 1, 2009, creating one of the toughest anti-smoking measures in the world to establish the 'first smoke-free generation' in modern Britain.
- The bill also includes measures to crack down on youth vaping, such as banning the sale of cheap disposable vapes and restricting their flavors to prevent children from becoming addicted to nicotine.
- The number of people who smoke in the U.K. has declined by two-thirds since the 1970s, but approximately 6.4 million people in the country still smoke, accounting for about 13% of the population. Smoking remains the number one preventable cause of death, disability, and poor health.
On the day UK introduced Mark Pope, it was Kentucky fans who made a statement
kentucky.com/sports/spt-columns-blogs/mark-story/article287673890.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."
European stocks suffer worst day in nine months : Strength of US economy prompts investors to scale back expectations for rate cuts
ft.com/content/c6b6b4f7-fb87-40b4-a062-00eef8a8e6fa
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Taxi driver won lottery six weeks ago – but hasn't seen a penny due to new rule: Ray Laird from Bootle, Merseyside, has been playing the National Lottery for 30 ...
mirror.co.uk/news/uk-news/i-won-national-lottery-six-32571231
Video shows 100mph drunk-driver Miley Connors who had child in car: A police officer said it was "one of the worst pieces of driving I have ever seen".
bbc.com/news/av/uk-england-oxfordshire-68835711
Quick Glance: Child Endangered: Driver Speeds at 100mph on Hard Shoulder
- A reckless driver accelerated to over 100mph on the hard shoulder, causing an accident and then exiting the vehicle to urinate as his child fled the car.
- Miley Connors, 37, drove down the M40 in December 2021 in a silver Mercedes-Benz SUV, a pursuit described by the police as the worst they had ever seen.
- Numerous calls were made to emergency services after other terrified drivers witnessed Connors driving on the motorway in Warwickshire.
- He then moved into Oxfordshire and Buckinghamshire, maneuvering in and out of traffic at high speed.
Brussels proposes return to pre-Brexit mobility for UK and EU young people: European Commission to seek approval from leaders to start talks with UK on visa-free ...
theguardian.com/politics/2024/apr/18/brussels-proposes-return-to-pre-brexit-free-movement-for-uk-and-eu-young-people
The storm is gathering, and Europe is still dithering on defending itself: We are a few geo-political inches from a Third World War. When will we take the ...
thetimes.co.uk/article/europe-defending-itself-war-china-west-rqt9pzn3l
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Liz Truss thinks the ‘deep state’ is out to get Donald Trump: Ex-UK prime minister has a warning for the man hoping return to the White House.
politico.eu/article/liz-truss-deep-state-get-donald-trump/
Quick Glance: Liz Truss: From Premiership to Resignation in 49 Days
- Liz Truss became Prime Minister and resigned after just 49 days, despite her husband's prediction that 'it would all end in tears'.
- Truss assumed office on September 6, 2022, succeeding Boris Johnson, but faced early challenges and personal struggles.
- Despite implementing economic measures and facing political turbulence, Truss resigned after a mini-budget led to a pensions crisis.
- She reflects on her failed tenure, attributing blame to structural issues and drawing parallels to the controversial football manager Brian Clough.
Ex-champion boxer dies just before comeback fight after seizure while driving: Scottish boxer Willie Limond suffered a suspected seizure last week and was in ...
mirror.co.uk/sport/boxing/breaking-boxer-willie-limond-dies-32588641
UK's easyJet sees strong summer momentum, lifting shares: British airline easyJet said it was confident travel demand would remain strong this summer ...
reuters.com/business/aerospace-defense/uk-airline-easyjet-cuts-winter-losses-says-demand-builds-summer-2024-04-18/
Rubber duck bobs all the way to Scotland after epic 18-year journey: It was helpfully marked with information about where it set off from in 2006.
metro.co.uk/2024/04/17/rubber-duck-bobs-way-scotland-epic-18-year-journey-20664451/
ITV winner 'devastated' after disabled dog banned from trip: Saturday Night Takeaway winner Tammie Fox has blasted TUI for barring her paralysed dog from a ...
metro.co.uk/2024/04/17/itv-winner-devastated-disabled-dog-banned-prize-holiday-20662382/
‘Blame her’: Meghan’s big Archie, Lili fear: Meghan Markle is reportedly worried about the long-term impacts of her childrens’ separation from their father’s ...
news.com.au/entertainment/celebrity-life/royals/meghan-markles-big-fear-over-archie-and-lilibet-blame-her/news-story/bfb91be0832475886d418aff25d501ff
Baby died at nursery after being 'left strapped face-down to bean bag': Kate Roughley, 37, denies the manslaughter of nine-month-old Genevieve Meehan.
metro.co.uk/2024/04/16/baby-died-nursery-left-strapped-face-down-bean-bag-20659091/
EasyJet targets another bumper summer of record profits : Low-cost airline confident about delivering strong performance as Middle East conflict fails to dent ...
ft.com/content/42894f44-0e2f-4415-98b5-ce00570a67d1
UK tells Hong Kong citizens in Britain: 'You are safe here': Britain on Monday sought to reassure its community of Hong Kong citizens that they were safe from ...
reuters.com/world/uk/uk-seeks-reassure-hong-kong-citizens-britain-you-are-safe-here-2024-04-15/
Prince Harry lost his first attempt to appeal against the dismissal of his legal challenge over the UK government's decision to take away his police protection ...
reut.rs/3VXBBPa
LIVE: Britain's Tobacco and Vapes Bill second reading in UK parliament: Reuters Live on X (Twitter)
twitter.com/i/broadcasts/1nAKEaRnrdRKL
The US and Europe need a strategy for the geopolitical contest over AI: Rising middle powers will play a key role in the struggle for global technological ...
ft.com/content/95a4bd15-ed9b-4f06-a6be-a64ad0541c18
Ben Bernanke says BoE must revamp main economic model: Nobel laureate cites ‘significant shortcomings’ and calls for end of fan charts
ft.com/content/4433c035-fa80-49ad-a3dd-a3af2c509e0c
Quick Glance: Improve: Bernanke Critiques Bank of England's Handling of Inflation Crisis
- The Bank of England has deteriorated in economic forecasting, with faulty models and outdated systems. Communication with the public needs enhancement.
- Ben Bernanke's report includes 12 detailed recommendations, which Andrew Bailey, the Bank's governor, intends to act upon. Bernanke emphasizes the Bank's potential for significant improvement.
- Bernanke criticizes the Bank's use of fan charts, suggesting they lack useful information and should be replaced with more transparent communication methods. He highlights the need for clearer decision-making reasoning.
- Despite recommendations, Bernanke avoided speculating on past actions, indicating room for substantial improvement within the Bank's processes. The report conveys a clear message: the Bank could have performed much better.
Two horses die at Grand National as animal charities call for end to racing: Horses Giovinco and Pikar both died on the second day of racing.
itv.com/news/granada/2024-04-12/horse-dies-at-grand-national-as-campaigners-call-for-tougher-safety-measures
Quick Glance: Why I Won't Be Watching the Grand National This Year
- I used to find the arguments of Grand National opponents outdated.
- Last year's event was chaotic and marked by accidents.
- There were many fatalities and criticisms leading to changes for the 2024 race.
- Despite the planned alterations, the author has lost interest in the race.
Akshata Murty in line for multimillion-pound Infosys payout: The prime minister’s wife is to pocket £10.5 million in dividends from Infosys ...
thetimes.co.uk/article/akshata-murty-in-line-for-multimillion-pound-infosys-payout-59508rhrv
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The once bustling market now struggling due to soaring costs, ULEZ and theft: Romford Market was once a bustling hub of activity, with stalls lining the entire ...
essexlive.news/news/essex-news/market-stalls-once-lined-street-9224468
Hunt says Thames Water must ‘sort out’ its own issues : Chancellor says UK government will never insure investors against poor decisions
ft.com/content/cfbfb778-205b-41b2-a836-6537f03cc30a
'Real problem' as Harry prepares for UK trip: Prince Harry is set to return to the UK in a few weeks for the first time in over a year ...
walesonline.co.uk/news/uk-news/real-problem-harry-prepares-uk-29003209
Taylor Swift fans lose at least $1 million to Eras Tour scams in the UK: Thousands of Taylor Swift’s UK fans have been duped into buying fake tickets for her ...
cnn.com/2024/04/18/business/eras-tour-scams-taylor-swift/
Iran sanctions: US and UK extend measures against Tehran: Measures against Tehran's drone programme are issued jointly in response to Saturday's attack on Israel ...
bbc.com/news/world-middle-east-68848438
Girl, 2, drowned in farm pond 'after being left unsupervised for 30 minutes': Two-year-old Masie Elizabeth Lomax-Newton tragically died after falling into a pond ...
mirror.co.uk/news/uk-news/girl-2-drowned-farm-pond-32614351
Next BoE deputy governor sees rate cuts coming into view, but can't say when
reuters.com/world/uk/next-boe-deputy-governor-sees-two-sided-risks-policy-outlook-2024-04-16/
U.S. vetoes proposal to give Palestinians full UN membership, 12 of 15 member countries vote in favor
haaretz.com/middle-east-news/palestinians/2024-04-19/ty-article/u-s-vetoes-un-resolution-to-recognize-palestinian-state-as-full-member/0000018e-f31e-dea6-ab9e-f39f36f70000
Cheers to Posh at 50: Victoria Beckham is the ultimate grafter: She’s been plugging away since Wannabe was a hit when she was 18 and enters her sixth decade as a ...
thetimes.co.uk/article/cheers-to-posh-at-50-victoria-beckham-is-the-ultimate-grafter-5p0vzct3c
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First heatwave of 2024 to hit in days with 'three weeks of sunshine' possible: The UK is set to see the first heatwave of 2024 in the coming days ...
mirror.co.uk/news/uk-news/uk-weather-first-heatwave-2024-32542260
Quick Glance: First Heatwave Expected in the Coming Days
- A heatwave is set to hit the UK soon, with temperatures above normal.
- British residents can expect three weeks of hot, dry sunshine, especially in the south and east.
- The Met Office forecasts normal temperatures with varied weather patterns.
- The BBC Weather predicts decreasing forecast confidence and uncertain weather patterns.
UK wage growth slows slightly as Bank of England mulls rate cuts: British core wage growth slowed again, posting its weakest rise since the three months to ...
reuters.com/world/uk/uk-regular-wages-grow-60-3-months-february-2024-04-16/
Quick Glance: Rising Real Earnings Growth Raises Concerns at Bank of England
- An unexpectedly weaker decline in the pace of wage increases has led to real earnings growth reaching its highest level in nearly two and a half years when considering inflation, according to the latest official data.
- Recent official figures indicate that average regular pay without bonuses was at 6% in the three months to February compared to the previous year.
- The broader ONS statistics revealed an increase in the UK's unemployment rate from 3.9% to 4.2%, with caution due to ongoing efforts to enhance the reliability of employment data.
- The forthcoming inflation data expected on Wednesday is likely to demonstrate further progress towards the Bank's objectives and the potential for a decrease from the current 5.25% interest rate.
Publicly, businesses have praised Narendra Modi's policies, including slashing the corporate tax rate from 30% to 22% and overseeing one of the world’s fastest ...
on.ft.com/49Cp333
Yayoi Kusama beats David Hockney to become top-selling contemporary artist: Japan’s princess of polka dots, known for her psychedelic art installations ...
thetimes.co.uk/article/yayoi-kusama-beats-david-hockney-contemporary-art-japan-q9jhf2x0m
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Blackstone warns that private equity cannot return capital ‘overnight’: Industry sitting on record amounts of unsold assets that will take time to sell even as ...
ft.com/content/79b9dd79-809f-4d10-964b-3e4421dd8c9d
Police incident outside Reading Borough Council office: Four police officers have been spotted at the Reading Borough Council building where a supposed arrest ...
readingchronicle.co.uk/news/24258046.police-incident-outside-reading-borough-council-office/
Train passenger erupts at 'entitled' mum who pinches seat for her child: A woman was branded 'entitled' after expecting fellow passengers to move out ...
mirror.co.uk/travel/news/train-passenger-erupts-entitled-mum-32618923
KPMG fined $25mn over exam cheating scandal at firm’s Dutch arm: Penalty is largest in US accounting regulator’s history
ft.com/content/afb9ac8c-5d7b-44bb-9058-8fe3e37042bf
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Quick Glance: Significant Fine Issued to KPMG for Exam Fraud in Dutch Branch
- Record penalty by US accounting oversight
- KPMG's Dutch branch fined for exam cheating
- Internal exam cheating a recurring issue among Big Four
- PCAOB initiates "culture review" of auditors
'Bollard Man' who saved kids during Sydney stabbing offered Australian citizenship
metro.co.uk/2024/04/16/bollard-man-saved-kids-sydney-stabbing-offered-australian-citizenship-20655798/
Quick Glance: French 'Bollard Man' Granted Permanent Residency After Heroic Act
- The French man known as 'bollard man' for bravely confronting Joel Cauchi during a stabbing attack in Bondi Junction will be granted permanent residency by the federal government, as confirmed by his lawyer.
- A widely circulated video on social media captured Damien Guerot holding a shopping center bollard to stop the knife-wielding Cauchi, leading to the decision to grant him permanent residency.
- His lawyer, Belinda Robinson, mentioned that the official documentation for his permanent residency was expected to arrive soon, following an online petition to recognize his heroic actions.
- Prime Minister Anthony Albanese and Opposition Leader Peter Dutton commended Mr. Guerot for his extraordinary bravery and willingness to protect others in danger, highlighting his character as an example of the values they cherish.
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