Author: Press Room

Source: YouTube

The announcement of former UK prime minister Liz Truss’s “mini” Budget after almost three weeks in office marked the end of her political honeymoon.The collapse of Truss’s economic project, dubbed “Trussonomics”, would seal her fate and deal a lasting blow to the Conservative party’s reputation for fiscal responsibility. Her ideological “mini” Budget contained £45bn of unfunded tax cuts — the biggest tax cuts for 50 years.The response from the markets was swift. The value of sterling plunged while government borrowing costs spiked, which threatened the solvency of parts of the pension industry. The Bank of England launched an emergency government…

René Benko was talking to investors in Saudi Arabia when he found out the headquarters of his sprawling property empire, deep in the Alps, had been raided by a squad of Austrian police.Benko, 45, may not be a global household name, but many of his buildings are.The property conglomerate he controls is the co-owner of London’s upmarket department store Selfridges. It owns half of New York’s Chrysler Building. In Germany, it has the department store KaDeWe, as well as the Galeria Karstadt Kaufhof chain, the country’s largest, which employs more than 24,000 people.Add to this dozens of other buildings —…

“In the last general election, we lost 24 federal seats we previously held, just like that. And many of these seats were in the rural Malay heartland,” said Mr Isham, who was recently inducted into the party supreme council. “We were punished in 2018 and we have learned our lesson,” added the former BN Selangor information chief.  PH HAS AN ADVANTAGE AMONG URBAN MALAY VOTERS Meanwhile, Malay voters in urban seats will also be decisive in determining the outcome. These constituencies are mainly concentrated within the Klang Valley and major cities on the west coast of Peninsular Malaysia.  BowerGroupAsia’s Mr…

New guidelines by the Centers for Disease Control and Prevention (CDC) urging children to be vaccinated against the coronavirus to attend school have sparked a polarized response from the nation’s governors. GOP chief executives have largely denounced the voluntary guidelines, pledging to block school districts from adopting a coronavirus vaccination as a prerequisite for attendance. “Under my watch, there will be no COVID vaccine mandates for kids — period,” said Gov. Kim Reynolds, R-Iowa. “In fact, we signed a law that prevents it. It’s the parent’s decision, not the government’s.” Other Republican governors were similarly quick to denounce the idea. Florida Gov. Ron…

A blanket of rain has drenched large parts of Queensland including the far northern parts of the Sunshine Coast which were inundated with more than 250 millimetres in a day. Emergency warnings have been issued for life-threatening flash flooding in the Gympie, Fraser Coast and Noosa regional councils. Source: Sky News

Dozens of federal officials made lucrative stock and mutual fund trades in early 2020 as the government was preparing for the onslaught of Covid-19, according to a Wall Street Journal investigation. In January of that year, while the public was broadly unaware of the scale and severity of the threat posed by the virus, US government agencies were mobilizing for a public health nightmare. Many of the officials behind those efforts also made well-timed trades in industries that stood to gain or lose mightily from the pandemic, according to the report. “Nearly 400 officials across 50 agencies reported owning stocks…

Source: YouTube

The desperate pleas appeared online shortly after the four friends disappeared last week — a man asking if anyone had seen his cousins. A wife looking for her husband. A mother searching for the father of their four children.Days later, their families got the devastating news. The dismembered remains of their loved ones had been found in a shallow section of a river at the edge of Okmulgee, Oklahoma, population roughly 11,300. Now, the victims’ families and their community are struggling with a grim mystery: What happened in the hours before Alex Stevens, Mike Sparks and brothers Billy and Mark Chastain…

Source: YouTube