Author: Press Room

US stocks were on course for their longest streak of quarterly losses since the 2008 financial crisis, as central banks’ determination to tame inflation through tighter monetary policy weighed on share prices. Equities advanced in European morning dealings on Friday, consolidating after a tumultuous week in which the Bank of England intervened to calm turbulence in the UK government debt market.London’s FTSE 100 gained 0.7 per cent, while the regional Stoxx Europe 600 rose 1.1 per cent. Futures tipped Wall Street’s broad S&P 500 to gain 0.9 per cent. But that bounce failed to reverse a grim period for stock…

Inflation in the eurozone reached double-digits and yet another new record high in September, according to preliminary data, as the negative consequences of Russia’s war in Ukraine continue to inflict a heavy toll on European economies.Eurostat, the European Union’s statistics agency, estimates that inflation in the 19-country euro area reached 10.0% in September, up from 9.1% in August. The latest climb in prices was fuelled by energy — the cost of which is now 40.8% higher than during the same month last year — while prices for food, alcohol and tobacco are believed to have soared by 11.8% year-on-year.Baltic countries remain the…

After years of pandemic restrictions, people are keen to make up for lost time and reschedule trips they had to cancel. The number of people looking for ‘cheap holidays’ online has soared, according to Google search data, especially for those planning a break in 2023.New research from World Travel Market (WTM) shows that 64 per cent of people have already booked or planned a holiday for next year.Just 16 per cent of people surveyed are scrapping their plans abroad completely.How are our holidays changing in the face of rising costs?Though people are still choosing to go on holiday, the kind…

Newcastle United have completed a deal to sign Central Coast Mariners forward Garang Kuol, who will join the Premier League side in January 2023. The 18-year-old is a highly-rated prospect in Australian football and Newcastle said he “attracted interest from a number of high-profile clubs” before penning a deal at St. James’ Park. “It’s unreal. As a young boy in Australia, the Premier League is the main thing that everyone watches but nobody actually thinks they’ll reach those heights,” Kuol said. Premier LeagueIsak penalty earns Newcastle draw at home to Bournemouth17/09/2022 AT 16:27“To be one of those people, to be…

Born from distorted interpretations of culture as well as from hatred and ignorance, violence by armed groups threatens the very foundations of our societies, tearing us apart and weakening collaboration between communities. Worryingly, the Global Peace Index 2022 reported a 17 percent increase in such attacks in 2021. The Sahel region has been particularly affected. Fragile governance and instability, only furthered by recent coups in the region, have left spaces for armed groups and non-state actors to thrive. A complex network of such outfits operates in the Sahel – groups with official links to al-Qaeda or the ISIL (ISIS) armed…

Trucks loaded with aluminum and medications have crossed a bridge linking Colombia and Venezuela for the first time in seven years, as the neighbouring countries continue to mend relations after years of political conflict. The border reopening – which will see goods like coal, toilet paper and fruit moved through crossings between the Colombian city of Cucuta and the Venezuelan state of Tachira – was a key campaign promise of Colombia’s new left-wing President Gustavo Petro. Petro arrived at Simon Bolivar International Bridge, one of the main crossings that connects the two countries, for a ceremony on Monday morning, Al…

Warning: This story deals with disturbing subject matter that may upset and trigger some readers. Discretion is advised. The family of an autistic man in the Lower Mainland has filed a lawsuit alleging he was subjected to a “harmful and injurious living environment” while in residential care as a minor.The plaintiffs, who have asked not to be named for their son’s protection, claim that multiple parties — including the B.C. government — failed to seek or act upon medical recommendations for the boy, who was in a “position of extreme vulnerability” and lived with “complex disabilities.”“They promised to help but…

An investigation is underway after “a large number of bones, including a skull” were found near a beach in Australia’s Top End. A bushwalker discovered the skeletal remains near Lee Point Beach about lunchtime on Wednesday, Northern Territory Detective Acting Superintendent Karl Day said. Police were called to the scene – about 18km north of Darwin’s city centre – shortly after, and established a crime scene with the help of forensic specialists.”From Wednesday through until Friday lunchtime the scene has been painstakingly processed with the use of medical experts, including a forensic pathologist,” a police statement said.Stream more national news live &…

A movie with meaning. In September 2000, Remember the Titans debuted in theaters and soon became a favorite. Not only was it led by an all-star cast, the story line was a powerful one. The flick is based on a true story, following African American football coach Herman Boone (Denzel Washington) as he attempts to integrate a high school in Alexandria, Virginia, in 1971. Bill Yoast (Will Patton) is moved to assistant coach, as star players Gerry Bertier (Ryan Hurst) and Julius Campbell (Wood Harris) are put in place to run the team. In addition to being a great sports…

EU energy ministers approved on Friday a first package of emergency measures in an effort to curb soaring electricity bills and coordinate member states’ responses to the energy crisis.The package, negotiated in less than a month, includes mandatory power savings, a cap on excess market revenues and a levy to capture surplus corporate profits.An EU-wide price cap on gas imports remains, for the time being, under study.”Today the EU managed to deliver,” said Jozef Síkela, the Czech Republic’s minister for industry and trade. The country holds the EU Council’s rotating presidency and is tasked with moderating internal talks.”We completed another part of the…