Author: Press Room

The prospect of imminent global recession cast a long shadow over Davos on Monday as participants gathering for the opening of the World Economic Forum’s annual meeting counted the likely cost for their economies and businesses.Two-thirds of private and public sector chief economists surveyed by the WEF expect a global recession this year, with some 18% considering it “extremely likely” — more than twice as many as in the previous survey conducted in September 2022.”The current high inflation, low growth, high debt and high fragmentation environment reduces incentives for the investments needed to get back to growth and raise living…

NeNe Leakes arrives at the BET Awards Richard Shotwell/Invision/AP/Shutterstock Making big changes! NeNe Leakes‘ son Brentt Leakes is prioritizing his health after suffering a stroke and heart attack at age 23. “Focus on you until The focus is you. #100poundsdown,” Brentt captioned an Instagram slideshow on Monday, January 16, putting his slim figure on display. In the carousel of pics, the Atlanta resident posed in a red tracksuit and white T-shirt. He wore a white sweatband and accessorized with a black crossbody bag. Brentt Leakes Courtesy of Brentt Leakes/Instagram “Auntie nephew looking ????,” Real Housewives of Atlanta‘s Marlo Hampton wrote…

A teenager brutally beat an 80-year-old man on the subway — spraying him with an unknown substance, putting him in a chokehold and punching him in the chest before running off with his wallet, police said Tuesday. The teen robber approached the octogenarian while he was entering the A/C subway line at Pitkin Avenue and Euclid Avenue in East New York at around 7:30 p.m. on Jan. 15, cops said. “The 80-year-old male victim was at the turnstile to enter the A/C line when an unknown individual approached him, flashed a light into his eyes and then sprayed him in…

Scott Boras is still baffled by the Mets over the Carlos Correa fiasco. Correa finally signed with the Twins last week on a six-year deal, $200 million deal after having contracts fall through with the Giants and Mets over ankle injury fears. The Mets deal would’ve been worth north of $300 million, but for more years. Boras, the MLB super-agent, spoke to USA Today’s Bob Nightengale about his frustrations with Steve Cohen’s team. “I don’t understand the Mets,’’ Boras said. “I gave them all of the information. We had them talk to four doctors. They knew the issue the Giants…

West Yorkshire Police found the 33-year-old in critical condition after attackers broke into the dad-of-three’s home in Huddersfield and threated his family on Saturday nightA father-of-three was stabbed to death as he tried to protect his wife and children after attackers stormed into his home and threatened his family. Khalfan, known as Bafan, 33, was found in critical condition after police were called on Saturday night on Springdale Avenue, Thornton Lodge, Huddersfield. He was rushed to hospital and eyewitnesses reported he was praying and saying “Allahu Akbar” – meaning God is Great – as he was taken into an ambulance.…

CNN  —  Democrat Josh Shapiro was sworn in on Tuesday as the 48th governor of Pennsylvania at a festive inaugural ceremony in Harrisburg and called his election victory a rejection of “extremism” while declaring his place in history as the “the next link in the chain of progress.” Surrounded by family, state government leaders, members of Congress and former governors, Shapiro put his hand on three Hebrew Bibles as he took office. One of the holy books came from the Tree of Life Synagogue in Pittsburgh, where in 2018 a gunman killed 11 people, including a number of Holocaust survivors,…

The electric vehicle (EV) industry is experiencing a rapid growth and with it comes the need for a more efficient and convenient way to charge these vehicles. Enter C+Charge, a blockchain-based platform that aims to make EV charging more accessible and convenient for EV owners. The platform connects EV owners with charging networks and allows for easy payment transactions, all while helping EV drivers earn carbon credits and sustainable cryptocurrency rewards.C+Charge is also addressing the current issues faced by EV owners such as limited access to carbon credits, no incentives for EV drivers, the absence of a unified payment solution,…

Nurses in England will stage fresh walkouts on Wednesday marking an escalation of industrial action across the economy that has already caused more disruption than at any point in the past 30 years.About 467,000 working days were lost to labour disputes in November last year alone — the most in any single month since the public sector pensions strikes of 2011, according to official figures released on Tuesday. Over the six months from June to November 2022, more than 1.6mn days were lost to labour disputes, the most in any one year since 1990.Unions are now set to ramp up…

Even as Venezuela’s inflation reached an estimated 305 percent last year, gov’t did not adjust employee salaries.Teachers, retirees and workers’ unions have marched in at least six Venezuelan cities to demand better salaries as the government of President Nicolas Maduro faces renewed challenges in its attempt to fight inflation. Venezuela’s inflation is estimated to have reached 305 percent last year, according to a nongovernmental group of economists who calculate indicators in the absence of official data. The government has not adjusted the salaries of public-sector employees since March last year, part of efforts to reduce spending and increase taxes which…

Clifford Chance’s highest-paid partner took home £4.9mn in its most recent financial year as strong performance and cost management pushed earnings to a record high.The pay of the top earner jumped by more than 50 per cent in the 12 months to the end of April 2022 while the firm’s profit before tax rose by £120mn to £812mn, according to its most recent audited accounts. Clifford Chance’s 14-strong leadership team were paid £34mn in total, up from £28mn the previous year. The update comes after the law firm announced in July that it had broken through the £2mn barrier for…