4 Sep

German debt is in demand

first_imgWednesday 18 August 2010 7:47 pm KCS-content whatsapp German debt is in demand More From Our Partners Florida woman allegedly crashes children’s birthday party, rapes teennypost.comPolice Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.orgI blew off Adam Sandler 22 years ago — and it’s my biggest regretnypost.comBrave 7-Year-old Boy Swims an Hour to Rescue His Dad and Little Sistergoodnewsnetwork.orgKiller drone ‘hunted down a human target’ without being told tonypost.comRussell Wilson, AOC among many voicing support for Naomi Osakacbsnews.comA ProPublica investigation has caused outrage in the U.S. this weekvaluewalk.comNative American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.orgAstounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.orgMark Eaton, former NBA All-Star, dead at 64nypost.comInside Ashton Kutcher and Mila Kunis’ not-so-average farmhouse estatenypost.comSidney Crosby, Alex Ovechkin are graying and frayingnypost.comBill Gates reportedly hoped Jeffrey Epstein would help him win a Nobelnypost.com980-foot skyscraper sways in China, prompting panic and evacuationsnypost.comSupermodel Anne Vyalitsyna claims income drop, pushes for child supportnypost.comBiden received funds from top Russia lobbyist before Nord Stream 2 giveawaynypost.comFeds seized 18 devices from Rudy Giuliani and his employees in April raidnypost.comUK teen died on school trip after teachers allegedly refused her pleasnypost.com GERMANY’S cost of borrowing sank to a record low at a sale of €5bn (£4.1bn) in 10-year bonds yesterday, while Portugal eased concerns over its finances by selling more short-term debt than previously planned.Mirroring results of Irish and Spanish sales on Tuesday, the auctions showed there is solid demand for Eurozone bonds as the global economic outlook deteriorates, with investors willing to buy debt of riskier issuers at much lower prices than earlier this year.The yield on three-month Portuguese bills almost halved from the previous auction in June, when fringe Eurozone borrowers were still recovering from a sell-off sparked by worries they and others could follow Greece into crisis.“There still seems to be decent and sufficient demand out there from investors who are willing to buy at these prices and overall the funding capabilities of the peripheral seems to be well intact,” said Michael Leister, strategist at WestLB in Dusseldorf.The new 10-year German bond showed a record low average yield of 2.37 per cent compared with 2.56 per cent for the previous benchmark in a tender in July.Portugal sold €175m more than planned of its 3-month Treasury bills, at average yields of 0.994 per cent, down from 1.861 in June. The 12-month yield inched up to 2.727 per cent compared to another tender two weeks previously.“It’s really amazing that the yield on the three-month paper almost halved, it definitely outweighs the negative side with the 12-month rate rising, which is not something to worry about,” said David Schnautz, bond strategist at Commerzbank. Sharecenter_img by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeMoneyPailShe Was A Star, Now She Works In ScottsdaleMoneyPailNoteabley25 Funny Notes Written By StrangersNoteableyZen HeraldThe Truth About Why ’40s Actor John Wayne Didn’t Serve In WWII Has Come To LightZen HeraldCrowdy FanShe Didn’t Know Why Everyone Was Staring At Her Hilarious T-ShirtCrowdy FanBetterBe20 Stunning Female AthletesBetterBeautooverload.comDeclassified Vietnam War Photos The Public Wasn’t Meant To Seeautooverload.comAtlantic MirrorA Kilimanjaro Discovery Has Proved This About The BibleAtlantic MirrorTotal PastThe Ingenious Reason There Are No Mosquitoes At Disney WorldTotal PastElite HeraldKate Middleton Dropped An Unexpected Baby BombshellElite Herald Show Comments ▼ whatsapp Tags: NULLlast_img read more

4 Sep

GREEN: PUBLIC SECTOR IS WASTING MILLIONS

first_img whatsapp Monday 11 October 2010 12:06 am GREEN: PUBLIC SECTOR IS WASTING MILLIONS DAVID Cameron will this morning vow to overhaul decades of wasteful public spending following a damning review by retail tycoon Sir Philip Green.Green, who was given access to departments’ accounts, will accuse the public sector of lacking a coherent spending plan. He will call for a shake-up of the government’s property leasing strategy and for Whitehall to take advantage of its scale by adopting a more centralised spending approach. Green said: “There is no reason why Government should not be as efficient as any good business.”The proposals are also thought to include cutting back on BlackBerrys given to civil servants.The decision to hire Green to examine cost cutting measures caused a rift in the coalition owing to his family’s tax situation. He is believed to have saved around £300m in 2005 on a £1.2bn dividend because retailer Arcadia is registered as owned by his wife, a resident of Monaco. More From Our Partners Russell Wilson, AOC among many voicing support for Naomi Osakacbsnews.comPolice Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.orgKiller drone ‘hunted down a human target’ without being told tonypost.comA ProPublica investigation has caused outrage in the U.S. this weekvaluewalk.comNative American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.orgFlorida woman allegedly crashes children’s birthday party, rapes teennypost.comAstounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.orgInside Ashton Kutcher and Mila Kunis’ not-so-average farmhouse estatenypost.comBrave 7-Year-old Boy Swims an Hour to Rescue His Dad and Little Sistergoodnewsnetwork.org980-foot skyscraper sways in China, prompting panic and evacuationsnypost.comSupermodel Anne Vyalitsyna claims income drop, pushes for child supportnypost.comI blew off Adam Sandler 22 years ago — and it’s my biggest regretnypost.comConnecticut man dies after crashing Harley into live bearnypost.comMark Eaton, former NBA All-Star, dead at 64nypost.com‘The Love Boat’ captain Gavin MacLeod dies at 90nypost.comUK teen died on school trip after teachers allegedly refused her pleasnypost.comWhy people are finding dryer sheets in their mailboxesnypost.comBiden received funds from top Russia lobbyist before Nord Stream 2 giveawaynypost.com KCS-content Tags: NULLcenter_img by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeMisterStoryWoman Files For Divorce After Seeing This Photo – Can You See Why?MisterStoryTotal PastThe Ingenious Reason There Are No Mosquitoes At Disney WorldTotal PastSerendipity TimesInside Coco Chanel’s Eerily Abandoned Mansion Frozen In TimeSerendipity TimesBrake For ItThe Most Worthless Cars Ever MadeBrake For ItBetterBe20 Stunning Female AthletesBetterBemoneycougar.comThis Proves The Osmonds Weren’t So Innocentmoneycougar.comPeople TodayNewborn’s Strange Behavior Troubles Mom, 40 Years Later She Finds The Reason Behind ItPeople TodayTaonga: The Island FarmThe Most Relaxing Farm Game of 2021. No InstallTaonga: The Island Farmthedelite.comNetflix Cancellations And Renewals: The Full List For 2021thedelite.com Show Comments ▼ whatsapp Sharelast_img read more

4 Sep

King hints at possibility of further QE

first_img Show Comments ▼ KCS-content whatsapp King hints at possibility of further QE BANK OF ENGLAND governor Mervyn King yesterday signalled that he was open to a second round of quantitative easing to support growth and keep inflation close to target, but a leading economic think-tank will warn today that monetary policy could become too loose in response to overly-tight fiscal policy.In a speech in the West Midlands, King said the risk that inflation will undershoot the two per cent target is at least as large as the dangers of overshooting. “A range of other indicators – growth in broad money, pay, and the pressure of demand on supply, that together are likely to be a more reliable guide to inflationary pressure looking ahead – all remain extremely subdued,” he explained.Howard Archer at IHS Global Insight said the speech indicated that the Bank is prepared to take further stimulative action to support activity if the economy falters further.”King’s words came as CBI data showed factory orders dropped more than expected to -28 this month from -17 in September, raising concerns over the health of UK manufacturing.King also called on policymakers to thrash out a “grand bargain” to rebalance the global economy and avoid a 1930s-style disastrous collapse in activity. He warned it may be only a matter of time before one or more countries resort to trade protectionism.Meanwhile, the National Institute for Economic and Social Research (Niesr) said in its UK forecast, which predicts sluggish growth of 1.6 per cent this year and next, that fiscal policy could become too tight and in response monetary policy could become too loose, possibly causing risks to price stability. The think-tank added: “We suspect that spending cuts will be delayed and their scale reduced compared to the budget plans.” Raising taxes to fill the gap would boost growth in 2011 and 2012 and the same budget target would be reached in 2015 Share Tuesday 19 October 2010 8:01 pm whatsapp Tags: NULL More From Our Partners Brave 7-Year-old Boy Swims an Hour to Rescue His Dad and Little Sistergoodnewsnetwork.orgRussell Wilson, AOC among many voicing support for Naomi Osakacbsnews.comNative American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.orgA ProPublica investigation has caused outrage in the U.S. this weekvaluewalk.comBill Gates reportedly hoped Jeffrey Epstein would help him win a Nobelnypost.comPolice Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.orgInside Ashton Kutcher and Mila Kunis’ not-so-average farmhouse estatenypost.comAstounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.orgFlorida woman allegedly crashes children’s birthday party, rapes teennypost.comlast_img read more

4 Sep

Alex fails to scrub up as apprentices get soapy

first_img whatsapp KCS-content More From Our Partners Astounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.orgColin Kaepernick to publish book on abolishing the policethegrio.comPolice Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.orgPorsha Williams engaged to ex-husband of ‘RHOA’ co-star Falynn Guobadiathegrio.comRussell Wilson, AOC among many voicing support for Naomi Osakacbsnews.comFans call out hypocrisy as Tebow returns to NFL while Kaepernick is still outthegrio.comNative American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.orgKansas coach fired for using N-word toward Black playerthegrio.comBrave 7-Year-old Boy Swims an Hour to Rescue His Dad and Little Sistergoodnewsnetwork.orgMark Eaton, former NBA All-Star, dead at 64nypost.comFort Bragg soldier accused of killing another servicewoman over exthegrio.comUK teen died on school trip after teachers allegedly refused her pleasnypost.comLA news reporter doesn’t seem to recognize actor Mark Currythegrio.comFlorida woman allegedly crashes children’s birthday party, rapes teennypost.comMan on bail for murder arrested after pet tiger escapes Houston homethegrio.comInside Ashton Kutcher and Mila Kunis’ not-so-average farmhouse estatenypost.comA ProPublica investigation has caused outrage in the U.S. this weekvaluewalk.comKiller drone ‘hunted down a human target’ without being told tonypost.com by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeTotal PastThe Ingenious Reason There Are No Mosquitoes At Disney WorldTotal PastMoneyPailShe Was Famous, Now She Works In {State}MoneyPailSerendipity TimesInside Coco Chanel’s Eerily Abandoned Mansion Frozen In TimeSerendipity TimesMagellan TimesThis Is Why The Roy Rogers Museum Has Been Closed For GoodMagellan TimesElite HeraldExperts Discover Girl Born From Two Different SpeciesElite HeraldHealthyGem”My 600-lb Life” Star Dropped 420 Pounds, See Her NowHealthyGemZen HeraldThe Truth About Why ’40s Actor John Wayne Didn’t Serve In WWII Has Come To LightZen Heraldmoneycougar.comThis Proves The Osmonds Weren’t So Innocentmoneycougar.comTaonga: The Island FarmThe Most Relaxing Farm Game of 2021. No InstallTaonga: The Island Farm THIS week Christopher finally burst into life. Who? Well, it’s hard to say. You might have spotted him in the background but so far his input has been negligible. Last night was his moment to shine. So what was it that coaxed him into action? Was he biding his time all the while, observing and strategising? No, he was waiting for the pretty girls.This was the TV advert challenge and the teams had to promote a new cleaning product. As team leader Christopher quickly cast himself in the ad and started casting for a wife. “It’s really important for me and the actress to have chemistry”, he purred. Such artistic integrity! The ad was a sort of “Carry On Scrubbing”, combining regressive attitudes about gender roles with a bit of innuendo (and a woman dressed as an octopus). Nick despaired (acting as part Germaine Greer, part Media Studies teacher) while the advertising executives sat agog.Ordinarily this sort of behaviour would have been enough to get the team hauled back into the boardroom but they were in luck – the other team was led by Alex.Alex describes himself as a “brand storyteller” and had a little tale to tell about himself: “If I was in an apple pie, I’d be an orange”. Sadly, when it came to the cleaning product he seemed to be suffering from writer’s block. With no other options, they went for The Germinator, a piece of punning that investment banker Chris was inordinately proud of.While they avoided calls from Schwarzenegger’s lawyers, it was time to design the product; rather than the summer breezes usually evoked by cleaning products they emulated the aesthetic charms of a bottle of Swarfega.The TV advert starred a child actor with a wavering American accent playing the Germinator. But even superheroes should read the label: not to be handled by children.Back in the boardroom, there was nothing left to do but sit back and wait for Alex to talk himself out of a job as he ranted and blamed all around him. A victim of Lord Sugar (and the Germinator) Alex insisted, “I’m going to be successful. I’m going to found my own business, I don’t need him.”In other words: “I’ll be back”. Show Comments ▼center_img whatsapp Wednesday 10 November 2010 7:43 pm Alex fails to scrub up as apprentices get soapy Share Tags: NULLlast_img read more

4 Sep

Brewer Fuller warns over tough trading

first_img Share Brewer Fuller warns over tough trading Friday 19 November 2010 3:40 am John Dunne whatsapp by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeMisterStoryWoman Files For Divorce After Seeing This Photo – Can You See Why?MisterStoryTotal PastThe Ingenious Reason There Are No Mosquitoes At Disney WorldTotal PastMoneyPailShe Was The Dream Girl In The 90s, This Is Her NowMoneyPailSerendipity TimesInside Coco Chanel’s Eerily Abandoned Mansion Frozen In TimeSerendipity TimesZen HeraldNASA’s Voyager 2 Has Entered Deep Space – And It Brought Scientists To Their KneesZen Heraldmoneycougar.comThis Proves The Osmonds Weren’t So Innocentmoneycougar.comAlphaCute30 Rules That All “Hells Angels” Have To FollowAlphaCuteTaonga: The Island FarmThe Most Relaxing Farm Game of 2021. No InstallTaonga: The Island Farmthedelite.comNetflix Cancellations And Renewals: The Full List For 2021thedelite.com whatsappcenter_img Read This NextRicky Schroder Calls Foo Fighters’ Dave Grohl ‘Ignorant Punk’ forThe WrapCNN’s Brian Stelter Draws Criticism for Asking Jen Psaki: ‘What Does theThe WrapDid Donald Trump Wear His Pants Backwards? Kriss Kross Memes Have AlreadyThe WrapHarvey Weinstein to Be Extradited to California to Face Sexual AssaultThe WrapPink Floyd’s Roger Waters Denies Zuckerberg’s Request to Use Song in Ad:The Wrap’The View’: Meghan McCain Calls VP Kamala Harris a ‘Moron’ for BorderThe Wrap’Sex and the City’ Sequel Series at HBO Max Adds 4 More ReturningThe WrapNewsmax Rejected Matt Gaetz When Congressman ‘Reached Out’ for a JobThe Wrap2 HFPA Members Resign Citing a Culture of ‘Corruption and Verbal Abuse’The Wrap Show Comments ▼ Brewer and pub operator Fuller, Smith & Turner has warned that the difficult economic climate could hit trading for a “considerable” time – but still reported a profit rise.Fuller’s half-year profit rose 11 per cent to £15.7m. But the planned VAT rise and government spending cuts continued to overshadow the market, the company said.Total beer sales rose one per cent, with Fuller’s premium brand, London Pride, increasing its market share.Revenues for the half-year rose four per cent to £121.5m. Tags: NULLlast_img read more

4 Sep

MPC’S SENTANCE CALLS FOR RATE RISE

first_img MPC’S SENTANCE CALLS FOR RATE RISE Wednesday 24 November 2010 8:39 pm Show Comments ▼ Share whatsapp Ad Unmute by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeMisterStoryWoman Files For Divorce After Seeing This Photo – Can You See Why?MisterStoryUndoTotal PastThe Ingenious Reason There Are No Mosquitoes At Disney WorldTotal PastUndoMoneyPailShe Was Famous, Now She Works In {State}MoneyPailUndoSerendipity TimesInside Coco Chanel’s Eerily Abandoned Mansion Frozen In TimeSerendipity TimesUndoZen HeraldNASA’s Voyager 2 Has Entered Deep Space – And It Brought Scientists To Their KneesZen HeraldUndoMagellan TimesThis Is Why The Roy Rogers Museum Has Been Closed For GoodMagellan TimesUndoElite HeraldExperts Discover Girl Born From Two Different SpeciesElite HeraldUndoHealthyGem”My 600-lb Life” Star Dropped 420 Pounds, See Her NowHealthyGemUndoWanderoamIdentical Twins Marry Identical Twins – But Then The Doctor Says, “STOP”WanderoamUndo Andrew Sentance, who sits on the Monetary Policy Committee (MPC), has insisted that the UK can cope with a modest rise in interest rates. Speaking in Belfast yesterday he argued that deficit reductions will help a private sector-driven recovery. Earlier this month he again voted for a 0.25 per cent rise in rates. center_img whatsapp Read This Next’A Quiet Place Part II’ Sets Pandemic Record in Debut WeekendFamily ProofHiking Gadgets: Amazon Deals Perfect For Your Next AdventureFamily ProofYoga for Beginners: 3 Different Types of Yoga You Should TryFamily ProofBack on the Rails for Summer New York to New Orleans, Savannah and MiamiFamily ProofAmazon roars for MGM’s lion, paying $8.45 billion for studio behind JamesFamily ProofIndian Spiced Vegetable Nuggets: Recipes Worth CookingFamily ProofNew England Patriots’ Cam Newton says no extra motivation from Mac Jones’SportsnautTortilla Mango Cups: Recipes Worth CookingFamily ProofWhat to Know About ‘Loki’ Ahead of Disney+ Premier on June 9Family Proof KCS-content Tags: NULLlast_img read more

4 Sep

ANTONIO HORTA-OSORIO: MY WIFE MADE ME TAKE UP LLOYDS BANNER

first_img ANTONIO HORTA-OSORIO: MY WIFE MADE ME TAKE UP LLOYDS BANNER KCS-content Tags: NULL Show Comments ▼ Sunday 12 December 2010 10:10 pm by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeMisterStoryWoman Files For Divorce After Seeing This Photo – Can You See Why?MisterStoryTotal PastThe Ingenious Reason There Are No Mosquitoes At Disney WorldTotal PastMoneyPailShe Was The Dream Girl In The 90s, This Is Her NowMoneyPailSerendipity TimesInside Coco Chanel’s Eerily Abandoned Mansion Frozen In TimeSerendipity TimesBetterBe20 Stunning Female AthletesBetterBePeople TodayNewborn’s Strange Behavior Troubles Mom, 40 Years Later She Finds The Reason Behind ItPeople Todaymoneycougar.comThis Proves The Osmonds Weren’t So Innocentmoneycougar.comAlphaCute30 Rules That All “Hells Angels” Have To FollowAlphaCuteDefinitionDesi Arnaz Kept This Hidden Throughout The Filming of ‘I Love Lucy’Definitioncenter_img More From Our Partners Native American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.orgKiller drone ‘hunted down a human target’ without being told tonypost.comAstounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.orgA ProPublica investigation has caused outrage in the U.S. this weekvaluewalk.comBrave 7-Year-old Boy Swims an Hour to Rescue His Dad and Little Sistergoodnewsnetwork.orgSidney Crosby, Alex Ovechkin are graying and frayingnypost.comPolice Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.org‘Neighbor from hell’ faces new charges after scaring off home buyersnypost.comRussell Wilson, AOC among many voicing support for Naomi Osakacbsnews.com CITY bankers were shocked last month when Santander UK boss Antonio Horta-Osorio jumped ship to be parachuted into the throne of Lloyds, replacing outgoing chief executive Eric Daniels. “How could he do it?” the City wanted to know. “What possessed him?” What, indeed? The high-flying Portuguese charmer had to throw in 17 years’ worth of accrued pension benefits, a wealth of goodwill and, most observers assumed, the likely inheritance of the global Santander chief exec crown. And all for the throne of a semi-nationalised, British high-street bank.Media and analysts started poring over his past for similar signs of aberrant behaviour. But the best clue they could come up with was in Horta-Osorio’s leisure past-times: the guy likes scuba-diving with sharks, for God’s sake. Surely it was the menacing glare of his latest encounter with Jaws that turned him loopy?Actually, no. Mingling at a Royal College of Music charity event the incoming Lloyds chief finally let The Capitalist in on the secret ingredient of his move to Lloyds and it wasn’t marine life. It was Ana. Not Ana Patricia Botin, his hard-nosed successor at Santander UK, but Ana Horta-Osorio, Antonio’s wife. Ana Horta-Osorio knows a little about business challenges: she runs her own spa in Lisbon from London, making the flight to check up on it every fortnight. It is, in Antonio’s spousal view “the best spa in the world”.And when the opportunity to take over Lloyds came a’knocking, it was Ana who urged Antonio to take up the challenge. It seems the bank’s shareholders – not least HRM government – have a lot to thank her for.UNDER THE TRACKSWe might still have to wait at least eight years for Crossrail, but commuters into Moorgate station have something to be thankful for – if you noticed it this morning. Capacity on First Capital Connect trains has now been increased by 3,800 seats, with three trains doubled in length and seven new services added. In honour of the station’s pivotal position, one of the new trains has been named “City of London”.And to celebrate this modicum of good news for London’s harried travellers, Lord Mayor Michael Bear has had an unusual piece of street art commissioned (see picture above right). Don’t look down, Bear. PULLING MY LEGSometimes it feels like it’s worth it to say anything to avoid a six-hour plane trip in cattle class. Thanks to a new Virgin Atlantic survey of 3,000 staff, we now know what kind of tricks passengers have tried to play to avoid folding themselves into an economy seat.Requests for upgrades have come coupled with an unusual array of excuses, from “I’m Richard Branson’s dentist” to “my newborn baby has claustrophobia” and, at the check-in desk in Tokyo: “I am a very tall Englishman”. Share whatsapp whatsapplast_img read more

4 Sep

Turner to banks: expect a regulatory onslaught

first_img by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeTotal PastThe Ingenious Reason There Are No Mosquitoes At Disney WorldTotal PastSerendipity TimesInside Coco Chanel’s Eerily Abandoned Mansion Frozen In TimeSerendipity TimesBrake For ItThe Most Worthless Cars Ever MadeBrake For ItBetterBe20 Stunning Female AthletesBetterBeLuxury SUVs | Search AdsThese Cars Are So Loaded It’s Hard to Believe They’re So CheapLuxury SUVs | Search AdsMisterStoryWoman Files For Divorce After Seeing This Photo – Can You See Why?MisterStoryAlphaCute30 Rules That All “Hells Angels” Have To FollowAlphaCuteDefinitionDesi Arnaz Kept This Hidden Throughout The Filming of ‘I Love Lucy’DefinitionTaonga: The Island FarmThe Most Relaxing Farm Game of 2021. No InstallTaonga: The Island Farm Turner to banks: expect a regulatory onslaught Show Comments ▼ whatsapp More From Our Partners Killer drone ‘hunted down a human target’ without being told tonypost.comNative American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.orgSupermodel Anne Vyalitsyna claims income drop, pushes for child supportnypost.comPolice Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.orgA ProPublica investigation has caused outrage in the U.S. this weekvaluewalk.comBrave 7-Year-old Boy Swims an Hour to Rescue His Dad and Little Sistergoodnewsnetwork.orgRussell Wilson, AOC among many voicing support for Naomi Osakacbsnews.comInside Ashton Kutcher and Mila Kunis’ not-so-average farmhouse estatenypost.comAstounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.org Sunday 30 January 2011 10:27 pm Financial Services Authority chairman Adair Turner has warned banks that a slew of regulation is on the way to reassure the public that the financial crisis will not happen again.Speaking at Davos, Lord Turner said that banks aiming to escape further regulation by moving abroad believed “a complete fantasy” and pledged to crack down on unregulated areas of finance.“There are still important elements of the prudential regime to put in place, such as shadow banking: we have to do more work and the industry has got to accept that,” Lord Turner told the Telegraph in an interview.Turner was responding to speakers from the banking world who had told the World Economic Forum that additional regulation could stifle global growth.Lord Turner told journalists that the variety of debates at Davos this year was a sign of success:  “[W]hen the world gets gripped by one big theme it usually either means there’s a big disaster or else people are getting in the grip of some new irrational exuberance.” center_img whatsapp Tags: NULL Share KCS-content last_img read more

4 Sep

Gleeful and rabid, Balls was unable to contain his mania

first_img THIS was it. The day Ed Balls had been waiting for, his first one-to-one against Osborne, and you could see it in his flushed cheeks, his tightly clasped hands, the spark of joy in his piggy eyes. A shame then, to fluff the first joke by stumbling on the words: “Good thing I didn’t have one this morning,” he said of his breakfast meetings, “or I would have missed this morning’s hurried budget!” Not a bad line, but delivered a little too eagerly, with a bit too much mania, like a rabid dog in denial of the impending sedative.On the government benches MPs popped up like whack-a-moles to remind the House of what “that man” did then or what “the member over there” thought in that year. “This is a man with a past!” Osborne whined, standing stiff, as if in mid-strut, at the despatch box. Balls sat almost trembling, cheeks taut over a grin, moving between incredulous leer, a chin-thrusting pout and a surprisingly constant stream of low-level heckling. “Dear oh dear!”, one of his favourite retorts, could be heard punctuating questions and answers. “Blimey, George!” for variety. “Talk about regulation,” he said darkly at one point.As the questions went on, he began ominously folding a piece of paper, ironing it flat between finger and thumb as if crushing insects and consigning it to a brown envelope, which he massaged closed, gazing at enemy lines, perhaps imagining George’s head in his possession. “There’s new management in charge at the Treasury!” said George, winning an instant response as Balls restarted heckling. The chancellor otherwise sat quietly. Perhaps he was beginning to sense that, for one nimble enough to avoid its bite, a rabid animal is more dangerous to its own pack. whatsapp Gleeful and rabid, Balls was unable to contain his mania whatsapp KCS-content Tags: NULLcenter_img Show Comments ▼ Read This Next’A Quiet Place Part II’ Sets Pandemic Record in Debut WeekendFamily ProofHiking Gadgets: Amazon Deals Perfect For Your Next AdventureFamily ProofAmazon roars for MGM’s lion, paying $8.45 billion for studio behind JamesFamily ProofYoga for Beginners: 3 Different Types of Yoga You Should TryFamily ProofIndian Spiced Vegetable Nuggets: Recipes Worth CookingFamily ProofBack on the Rails for Summer New York to New Orleans, Savannah and MiamiFamily ProofChicken Bao: Delicious Recipes Worth CookingFamily ProofCheese Crostini: Delicious Recipes Worth CookingFamily ProofNew England Patriots’ Cam Newton says no extra motivation from Mac Jones’Sportsnaut Share Ad Unmute by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeMisterStoryWoman Files For Divorce After Seeing This Photo – Can You See Why?MisterStoryUndoPeople TodayNewborn’s Strange Behavior Troubles Mom, 40 Years Later She Finds The Reason Behind ItPeople TodayUndoMoneyPailShe Was A Star, Now She Works In ScottsdaleMoneyPailUndoTotal PastThe Ingenious Reason There Are No Mosquitoes At Disney WorldTotal PastUndoWanderoamIdentical Twins Marry Identical Twins – But Then The Doctor Says, “STOP”WanderoamUndoSerendipity TimesInside Coco Chanel’s Eerily Abandoned Mansion Frozen In TimeSerendipity TimesUndoZen HeraldNASA’s Voyager 2 Has Entered Deep Space – And It Brought Scientists To Their KneesZen HeraldUndoBrake For ItThe Most Worthless Cars Ever MadeBrake For ItUndoBetterBe20 Stunning Female AthletesBetterBeUndo Tuesday 8 February 2011 9:18 pmlast_img read more

4 Sep

What the other papers say this morning

first_img Show Comments ▼ whatsapp FINANCIAL TIMESTOP 10 HEDGE FUNDS MAKE $28BNThe top 10 hedge funds made $28bn for clients in the second half of last year, $2bn more than the net profits of Goldman Sachs, JPMorgan, Citigroup, Morgan Stanley, Barclays and HSBC combined, according to new data. Even the biggest of the hedge funds have only a few hundred employees, while the six banks employ 1m between them. SAUDI STOCKS HIT BY FEARS OF UNRESTSaudi Arabia’s stock market, the largest and most liquid in the Arab world, suffered its worst decline since November 2008, amid concerns that unrest in the Middle East could spread to the world’s largest oil exporter. The Saudi Tadawul All-Share Index slid 6.8 per cent yesterday. The index has now declined for 12 consecutive trading sessions – its longest losing streak since 1998. SCANDAL LEADS DIOR TO FIRE GALLIANO Christian Dior moved to protect its reputation by firing John Galliano, its star designer, for professional misconduct over the scandal surrounding allegedly anti-Semitic comments. The fashion house said its decision was prompted by the release of “particularly odious” comments in a video of Mr Galliano on Monday.HSBC SUSPENDS US HOME SEIZURES HSBC has temporarily suspended US foreclosures after regulators found “deficiencies” in its procedures. The bank could face monetary fines as a result. The disclosure, contained in the annual report, is the first time HSBC has publicly admitted to problems with its foreclosure processes. Last autumn, the largest mortgage servicers temporarily suspended home seizuresTHE TIMESUNILEVER LANDS DISCOUNT BLOW IN CLEANING BATTLEIndia’s biggest shopkeepers have stopped ordering Dettol and Harpic after a bitter dispute over Reckitt Benckiser’s prices — and Unilever has swooped to capitalise on the boycott by offering discounts on its rival cleaning products. The two British-listed groups are fighting to control a booming consumer goods market.EIRCOM SEEKS EXTRA CASH TO KEEP BANKS AT BAYEircom will hold crucial talks with its lenders next month after admitting that it was in serious danger of breaching its banking covenants within three months. Eircom, majority-owned by a unit of the Singapore sovereign wealth fund Temasek, carries €3.75bn (£3.2bn) of debt on its books and will seek an injection of new funds from shareholders.The Daily TelegraphBRITISH TROOPS ON FRONT LINE IN AFGHANISTAN TOLD THEY FACE THE SACKAlmost the entire contingent of Britain’s 10,000 troops in Afghanistan have been told they could be sacked within months after ministers disclosed plans to get rid of one in 10 members of the Armed Forces. The Ministry of Defence has announced the full scale of redundancies that will take place in the Army, RAF and Royal Navy.SUPERMARKETS ARE RAISING PRICES FASTER THAN INFLATION, SAYS UBSSupermarkets are ripping off British shoppers by raising food prices faster than inflation, risking another competition inquiry, the investment bank UBS has warned. According to the bank’s analysis, commodity price inflation in the past few months would justify a 3-3.5 per cent increase.THE WALL STREET JOURNALMARKETS REACT TEPIDLY TO HUNGARY DEBT PLAN Hungary’s government, under pressure from capital markets and European Union budget monitors, pledged to sharply shrink its deficit and slash public debt over the next three years, but investors reacted coolly, with many saying the plans were too short on specifics. The overall size of spending reductions laid out Tuesday appeared larger than many had expected.TWITTER BIG ON SMALLER ADVERTISERS Twitter is a hot property among investors, who are pumping up the company’s valuation. But whether the start-up can live up to its multibillion-dollar appraisal depends on the likes of David Szetela, who holds the purse strings of numerous small and medium-sized advertisers. 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