+123 456 7890 1600 Amphitheatre Parkway Mountain View, CA 94043

Xi Jinping and Donald Trump have fired the opening salvoes of the coming trade war

Louisa Bojesen Monday 23 January 2017 4:30 pm Nevertheless, Trump’s populism and his belief that the EU is a vehicle for Germany already has an appeal across the pond. Emboldened by his victory, Europe’s far-right parties met over the weekend in Germany. France’s Marine Le Pen hoped more nations would follow Britain’s example in leaving the EU. “2016 was the year the Anglo-Saxon world woke up. I am certain 2017 will be the year when the people of continental Europe wake up,” Le Pen said.Read more: It’s time to face facts: Pandora’s Box is open and Europe is finishedAnti-establishment parties could test the euro, but the biggest threat could be to Central European currencies. “I don’t understand why people aren’t trading the Central and Eastern European currencies lower. They are our pesos”, Valentin Marinov of Credit Agricole told me.He argues that the Dutch, German, and French elections could weigh on the Central European currencies, for the same protectionist reasons that the Mexican peso sold off in the wake of the Trump victory. Marinov points out that, even if the anti-EU parties don’t directly win elections, they most likely will expand their presence in parliament. This could fan fears about growing protectionism in Europe.Despite an inward-looking America, Chinese President Xi Jinping and Prime Minister Theresa May went to Davos with an altogether different message. Both were calling on business leaders to understand that globalisation has not been inclusive and that some people have been left behind. Xi Jinping and Donald Trump have fired the opening salvoes of the coming trade war whatsapp Read more: Xi Jinping in Davos: “No one will emerge as a winner in a trade war.”“Many people feel bewildered and wonder: what has gone wrong with the world?” Xi said. “As a line in an old Chinese poem goes, ‘Honey melons hang on bitter vines; sweet dates grow on thistles and thorns’.” Suggesting that nothing is ever perfect, he added that “many of the problems troubling the world are not caused by economic globalisation”.“Whether you like it or not, the global economy is the big ocean that you cannot escape from. Any attempt to cut off the flow of capital, technologies, products, industries and people between economies, and channel the waters in the ocean back into isolated lakes and creeks, is simply not possible. Indeed, it runs counter to the historical trend.”These are interesting thoughts from Xi, for the Middle Kingdom is one of the most protectionist countries in the world.Read more: Forget Russia: Trump’s China trade war risks breaking Asia’s fragile peace whatsapp by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeMisterStoryWoman Files For Divorce After Seeing This Photo – Can You See Why?MisterStoryMoneyPailShe Was A Star, Now She Works In ScottsdaleMoneyPailOne-N-Done | 7-Minute Workout7 Minutes a Day To a Flat Stomach By Using This 1 Easy ExerciseOne-N-Done | 7-Minute WorkoutAtlantic MirrorA Kilimanjaro Discovery Has Proved This About The BibleAtlantic MirrorUnify Health LabsRandy Jackson: This 3 Minute Routine Transformed My HealthUnify Health LabsWarped SpeedCan You Name More State Capitals Than A 5th Grader? Find Out Now!Warped Speedinvesting.comThe Military Spent $1 Billion On this New Vehicle, And Here’s The First Lookinvesting.comFinanceChatterViewers Had To Look Away When This Happened On Live TVFinanceChatterPost FunCops Called To Investigate Smell From Abandoned House Didn’t Expect To Find ThisPost Fun May, while echoing Xi on the benefits of global trade, and reiterating that Britain will still be part of Europe post-Brexit, also spoke of how the UK should be focusing on “developing a new Modern Industrial Strategy”. The Prime Minister said this new Industrial Strategy was about “creating the conditions where winners can emerge and grow. It is about backing those winners all the way to encourage them to invest in the long-term future of Britain.” A more interventionist Britain does not sound too dissimilar to Trump’s America.It’s possible both Xi and Trump have fired the first salvoes in a trade war. We stand to learn a great deal when May heads to Washington this week. She needs a strong bargaining chip for negotiations with the EU to show that there is a world beyond the Single Market. But what kind of deal can a post-Brexit Britain expect, if all the UK has to offer the President is a stay at Buckingham Palace and if Trump insists on putting America First? Share It’s only the first week of Donald Trump’s presidency, but the contrast between Trump’s “America First” protectionist rhetoric and other world leaders’ hopes of globalisation working for the many could not be starker.The Trump rally had already stalled before the 45th President began his inauguration speech, as investors sought more detail on his plans. Despite Trump’s tax cuts and infrastructure spending pledges, the Federal Reserve may have to scale back its growth and inflation expectations for next year. Not just that, but it may have to think about cutting rates, instead of hiking twice like the vast majority of analysts expect. It seems the consensus is to wait and see. More From Our Partners Russell Wilson, AOC among many voicing support for Naomi Osakacbsnews.comWhy people are finding dryer sheets in their mailboxesnypost.comBrave 7-Year-old Boy Swims an Hour to Rescue His Dad and Little Sistergoodnewsnetwork.orgA 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.comPolice Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.org980-foot skyscraper sways in China, prompting panic and evacuationsnypost.comAstounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.org read more

Read More »

Fraud squad lawyer tells court two ex-Barclays traders accused of Libor rigging treated honesty as if it were expendable

Tuesday 28 February 2017 2:11 pm Fraud squad lawyer tells court two ex-Barclays traders accused of Libor rigging treated honesty as if it were expendable “Essentially, it’s cheating,” she said of the bankers’ alleged actions to nudge the rates in their favour.She added that, had those on the other side of Barclays’ trading activities known what was going on, “they would, you might think, have hardly traded with Barclays on that basis”.The court was told two former Libor submitters for the bank, Peter Johnson and Jonathan Mathew, have already been convicted for Libor manipulation.However, Deacon noted it was not the fraud squad’s argument that Libor rigging was the only way in which the pair standing trial made profits, “or that they weren’t otherwise perfectly good at their jobs”.The case, which is expected to run for around six weeks and is being heard in Southwark Crown Court, is ongoing. More From Our Partners ‘The Love Boat’ captain Gavin MacLeod dies at 90nypost.comRussell Wilson, AOC among many voicing support for Naomi Osakacbsnews.comFlorida woman allegedly crashes children’s birthday party, rapes teennypost.comBrave 7-Year-old Boy Swims an Hour to Rescue His Dad and Little Sistergoodnewsnetwork.orgInside Ashton Kutcher and Mila Kunis’ not-so-average farmhouse estatenypost.comAstounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.orgA ProPublica investigation has caused outrage in the U.S. this weekvaluewalk.comNative American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.orgPolice Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.org Both men have pleaded not guilty to one charge each of conspiracy to defraud.Emma Deacon, lawyer for the SFO, told the court the two men were, in their actions, “driven by money”.”Their singular goal was to make more profit on their trading; and, as you will see, insofar as they stood in the way, honesty and integrity were matters which were entirely expendable,” she added.Libor, described as Deacon as being “at the heart of this fraud”, is a benchmark rate and, the lawyer added, “represents the interest rate at which major banks could money from each other”.During the time period the case is concerned with, US Dollar Libor was set using a trimmed average of submissions from 16 panel banks, with Deacon remarking there was “considerable kudos attached” to being one of these banks. Ad Unmute by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikePopular Science10 extraordinary volcanic eruptions that changed the worldPopular ScienceUndoQuizotoTake the Friends Quiz! Let’s See How Much You Really Know About Friends!QuizotoUndoHealth.recetasgetHeart Attack Early Warning Signs and SymptomsHealth.recetasgetUndoWeniixTop 5 Best Affordable Sports Cars 2021 – WENIIXWeniixUndoThe Extraordinary ChrisGet your HoroscopeThe Extraordinary ChrisUndoAll Day Home Warning! 10 Subtle Signs of Kidney Diseases that Should Never Be IgnoredAll Day Home UndoAnyMuscle9 early warning signs and symptoms of diabetesAnyMuscleUndoAuto carLook: Top 5 best pick-up trucks 2021 | AutocarAuto carUndoRV Insurance | Search AdsSearch Latest Recreational Vehicle Insurance Prices TodayRV Insurance | Search AdsUndo Hayley Kirton Share A lawyer acting for the fraud squad told a court today that two ex-Barclays traders accused of Libor rigging treated honesty as if it were expendable.The Serious Fraud Office (SFO), which is prosecuting the case, has claimed Stylianos Contogoulas, 45, and Ryan Reich, 35, played roles in a conspiracy to fix the benchmark rate between 1 June 2005 and 1 September 2007. whatsapp whatsapp read more

Read More »

Where’s Boris? Foreign secretary slammed over Heathrow no show

Monday 25 June 2018 4:47 pm Where’s Boris? Foreign secretary slammed over Heathrow no show Share whatsapp FCO officials have blamed “security reasons” for the radio silence, but no one appears to know with both transport secretary Chris Grayling and backbencher Jacob Rees-Mogg admitting on radio appearances this morning that they didn’t know.And it has prompted criticism from some within his own party.Read more: MPs gear up for key vote on Heathrow expansionSarah Wollaston, the Tory chair of the Commons health committee, told BBC’s Westminster Hour last night: “I think this would be an opportunity for a colleague like Boris Johnson to actually put his money where his mouth is.“Just being conveniently out of the country I’m afraid won’t wash.” Read more: SNP could refuse to back Heathrow expansion plans and sway Commons vote Great to arrive back in the UK at Luton Airport in time for the match today and to vote against #Heathrow expansion tomorrow. I wouldn’t want to be abroad for either of those. #commitments.— Greg Hands (@GregHands) June 24, 2018 Meanwhile, transport secretary Chris Grayling told the BBC: “What he decided to do on the vote is very much a matter for Boris himself.”The vote is expected to be tight, with a number of other Tories including Justine Greening and Zac Goldsmith likely to rebel. Labour MPs have a free vote, with some like shadow chancellor John McDonnell strongly against the plans.City A.M. reported last week that the 35 SNP MPs – who had previously given Grayling their backing on proposals – are likely to vote against the government today.Privately, sources have indicated they are confident of getting the bill through, although admitted it will be closer-run than they would have liked. whatsapp Catherine Neilan She said voters “might expect him to use this as an opportunity and to resign on a point of principle in order to fulfil that election promise”.Wollaston added: “We’ve seen a series of gaffes from Boris Johnson. I think many of us are wondering why in fact he has been allowed to stay so long.”And in a sideswipe against his fellow Conservative, former trade minister Greg Hands tweeted how pleased he was to be returning to the UK for today’s vote, adding: “I wouldn’t want to be abroad”. More From Our Partners A ProPublica investigation has caused outrage in the U.S. this weekvaluewalk.comRussell Wilson, AOC among many voicing support for Naomi Osakacbsnews.comNative American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.orgBiden received funds from top Russia lobbyist before Nord Stream 2 giveawaynypost.comBrave 7-Year-old Boy Swims an Hour to Rescue His Dad and Little Sistergoodnewsnetwork.orgFlorida woman allegedly crashes children’s birthday party, rapes teennypost.comPolice Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.orgUK teen died on school trip after teachers allegedly refused her pleasnypost.comAstounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.org Boris Johnson should resign over his long-held objections to Heathrow expansion, one of his colleagues has said, while otgers admit they’ve no idea where he’s hiding.The foreign secretary is today expected to be out of the country, avoiding this afternoon’s vote on the matter. However it is not clear where, with rumours putting him variously in Luxembourg or somewhere on the continent of Africa. read more

Read More »

Tory MPs ramp up opposition against Theresa May’s Chequers proposals

Sunday 2 September 2018 8:50 pm Davis told the BBC the Chequers plan was “almost worse than being in the EU” and that a free trade deal with the bloc was still possible. Davis and fellow Brexiter Boris Johnson resigned from the government in July in opposition to May’s preferred Brexit policy.Davis is now one a number of MPs actively plotting to kill off the Chequers proposal before the Tory party conference at the end this month.The European Research Group (ERG), a pro-Brexit group of Tory MPs, will meet tomorrow to discuss a plan for promoting their alternative Brexit blueprint. City A.M. understands that Davis and Johnson are currently working with think-tanks and policy advisors in Westminster and will jointly present a new Brexit strategy just before the Tory party conference.Tory MP Bernard Jenkin, chair of the ERG steering committee, said Chequers was “pretty friendless” and that it was difficult to see how it would pass through parliament.He said opposition to the proposal was “not about [the party’s] leadership” but was about whether the UK was approaching the negotiations in the right way. “If the EU accepts Chequers it’s because we have conceded too much,” he said. “Chequers leaves us barred in to all the legislation and regulation that we want to be free of.”Remainers have also opposed May’s Brexit strategy. Former minister Nick Boles declared yesterday that he had once backed Chequers but could no longer support the “humiliation of a deal dictated by Brussels; and the chaos of crashing out of the EU next March with no deal”. He is calling for a transition period during which the UK would be a member of the European Economic Area, similar to Norway.Faced with growing criticism from both wings of her party, May yesterday vowed to stick to her guns over Brexit – and her controversial Chequers strategy. Writing in the Sunday Telegraph she said she would “not be pushed into making compromises that were not in the national interest”.May said she would not “give in” to demands for a second referendum or so-called people’s vote on Brexit, saying it would be a “gross betrayal of democracy….and trust”.”In the summer of 2016, millions came out to have their say. In many cases for the first time in decades, they trusted that their vote would count; that after years of feeling ignored by politics, their voices would be heard. Alexandra Rogers Share Ad Unmute by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeFlight 1040 Aircraft Paint Jobs That Took Us By SurpriseFlight 10UndoPeople TodayWoman Wears Her Mothers Old Ring For 25 Year – She Screams When The Jeweler Tells Her ThisPeople TodayUndoType 2 Diabetes | Search AdsType 2 Diabetes Symptoms Might Surprise YouType 2 Diabetes | Search AdsUndoAll Things Auto | Search AdsNew Acura’s Finally On SaleAll Things Auto | Search AdsUndoInteresticleMan Finds Wierd Cave In Scottsdale, Enters And Drops To His KneesInteresticleUndoBras & Panties | Search AdsBrilliant Bras (look) Bras & Panties | Search AdsUndobonvoyaged.comTotal Jerks: These Stars Are Horrible People.bonvoyaged.comUndoPersonal Loans | Search AdsAmericans May Get Loans Approved Regardless of Credit: Take A LookPersonal Loans | Search AdsUndoFactablePut Baking Soda Around The Base Of A Tomato Plant, Here’s WhyFactableUndo whatsapp Prime Minister Theresa May is facing mounting opposition from her own MPs as Tory backbenchers ramp up their campaign against her Chequers proposal.Yesterday former Brexit secretary David Davis confirmed he would join rebels and vote against any deal based on May’s Chequers plan, under which the the UK would remain closely aligned with the EU on goods and regulation. whatsapp Tory MPs ramp up opposition against Theresa May’s Chequers proposals “To ask the question all over again would be a gross betrayal of our democracy – and a betrayal of that trust.”We want to leave with a good deal and we are confident we can reach one,” she said. 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.comWhy people are finding dryer sheets in their mailboxesnypost.comNative American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.orgMatt Gaetz swindled by ‘malicious actors’ in $155K boat sale boondogglenypost.comAstounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.org980-foot skyscraper sways in China, prompting panic and evacuationsnypost.comA ProPublica investigation has caused outrage in the U.S. this weekvaluewalk.comPolice Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.org read more

Read More »

Noel Edmonds brands Archbishop of Canterbury a “reincarnation of evil” over Lloyds investment

first_imgBankers at the HBOS branch in Reading were jailed last year for a £245m scam, which destroyed a number of businesses as the proceeds were spent on holidays, luxury goods and prostitutes. Lloyds Banking Group is one of the Church Commissioners 20 most valuable share holdings, according to last year’s annual report. City AM has approached Lambeth Palace for comment. Read more: Lloyds Bank private equity arm invests £25m in energy price comparison firm Share Tuesday 18 September 2018 5:58 pm Tags: Company HBOS Lloyds Banking Group The Deal or No Deal star, who is seeking £64m in damages from Lloyds, said Justin Welby was a hypocrite after the church leader last week mounted an attack on zero hours contracts and companies such as Amazon, despite revelations that the Church itself uses the same type of contracts. Read more: Lloyds Banking Group closes another 15 branches“Does he have a divine right to be an arsehole?” Edmonds said during a panel at the SME Alliance meeting, ITV news reported. “And I reckon that I’m justified in calling him that and much worse because he won’t meet me or any Lloyds victims and the church is one of the biggest investors in Lloyds Banking Group.”“Justin Welby, [you] used the expression but I think you are the reincarnation of an ancient evil,” he said. Noel Edmonds brands Archbishop of Canterbury a “reincarnation of evil” over Lloyds investment center_img TV presenter Noel Edmonds branded the Archbishop of Canterbury a “reincarnation of evil” for investing in Lloyds Bank and failing to meet with HBOS fraud victims.  whatsapp Jessica Clark 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.orgColin Kaepernick to publish book on abolishing the policethegrio.comNative American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.orgMan on bail for murder arrested after pet tiger escapes Houston homethegrio.comBrave 7-Year-old Boy Swims an Hour to Rescue His Dad and Little Sistergoodnewsnetwork.orgPorsha Williams engaged to ex-husband of ‘RHOA’ co-star Falynn Guobadiathegrio.comAstounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.orgFans call out hypocrisy as Tebow returns to NFL while Kaepernick is still outthegrio.com whatsapplast_img read more

Read More »

DEBATE: With some institutions at risk of bankruptcy, does the UK have too many universities?

first_img But undergraduate applications dropped two per cent last year, student debt is rising, and whispers of refunds are starting to emerge. There are now so many graduates that degrees are devalued; jobs that never required them now do. If students are pursuing employment rather than a passion, education becomes secondary to passing exams.This reduces standards – unchallenged students regurgitate what staff want to hear, undermining notions of independent thought. If this continues, students will look elsewhere. Why accrue debt for something that is neither enlightening nor able to open doors? The reputation of UK universities will deteriorate, and the best applicants – and academics – will dry up.Universities used to be for expanding knowledge. The bloating of the sector has stifled learning, incurred unnecessary debt, and waylaid prospects. Competitive universities drive society forward. It’s time to defenestrate those that don’t.Alan Lockey, head of research at Demos, says NO.Make no mistake, our university system is a mess. Its financing model is unstable, academics are striking over pensions, and there is a crisis in student mental health.Much work then for Baroness Wolf, who is currently leading a government review. Previously, Wolf has spoken warmly about “Fachhochschulen” – Germany’s technical universities that churn out many of the country’s brilliant engineers. We desperately need similar institutions here. Our embarrassingly snobbish attitude towards technical training is the original sin of Britain’s education system, and a driver of so much social division to boot. Benedict SpenceBenedict Spence is a freelance writer. He is on Twitter @BenedictSpence and Alan Lockey But this should not mean fewer universities. With automation set to transform the labour market, we need more training, not less. And graduates can still expect to earn around £100,000 more than non-graduates throughout their lives, while universities contribute over £20bn to Britain’s economy in addition to their incalculable cultural influence. So yes, more diverse universities. But certainly not fewer. Share Opinion DEBATE: With some institutions at risk of bankruptcy, does the UK have too many universities? Tuesday 6 November 2018 10:26 am City A.M.’s opinion pages are a place for thought-provoking views and debate. These views are not necessarily shared by City A.M. With some institutions at risk of bankruptcy, does the UK have too many universities?Benedict Spence, a freelance writer, says YES.Britain prides itself on its universities for their heritage, academic progress, and economic importance. whatsapp whatsapp Tags: Trading Archivelast_img read more

Read More »

UK growth ‘guaranteed’ to fall in no-deal Brexit, Mark Carney warns MPs

first_imgTuesday 26 February 2019 3:09 pm Callum Keown whatsapp Monetary Policy Committee member Jan Vlieghe hit back at suggestions a no-deal Brexit would at least provide clarity and a chance for UK businesses to press ahead with plans.“That’s completely wrong – the reason businesses are holding back is they are very worried about the risk of a no-deal, no transition Brexit.Read more: Brexit uncertainty costs UK £800m a week“Our view for a long time has been that if you are going to make changes, tell people what they are going to be and then give them several years [before implementing them].”Vlieghe added changes should not be made “overnight.” He said the Bank would most likely provide support to the economy in a no-deal Brexit but admitted its options were limited.The Bank’s forecast predicted that at this late stage of the Brexit negotiations, uncertainty was likely to continue beyond 29 March and to the end of the year.Deputy governor Sir Dave Ramsden blamed Brexit uncertainty for a sharp deterioration in business investment over the past year and expected it to continue.He said: “That’s incredibly unusual at a time when the economy is growing – it’s out line with what has happened historically and out of line with our main economic partners.“As the uncertainty starts to subside, as the fog starts to clear and the world economy stabilises, we see growth picking up,” he added. UK growth ‘guaranteed’ to fall in no-deal Brexit, Mark Carney warns MPs center_img whatsapp Share UK growth is “guaranteed” to fall in the event of a no-deal Brexit, the Bank of England’s governor Mark Carney has told MPs.The Bank slashed its UK growth forecast for 2019 to 1.2 per cent earlier this month – down from the 1.7 per cent forecast in November – even on the assumption of a Brexit deal and smooth transition. Read more: Bank of England slashes UK growth forecastBut Carney told the Treasury Select Committee today its forecasts would be further cut if Britain left the EU without a deal in place.He said: “If I come back [to the committee] in May and there’s no deal and no transition, I guarantee that the path of GDP in our forecast will be materially lower than our February forecast.“And that is absolutely the view of businesses up and down the country.”Carney also warned there was not enough warehouse space in the country to deal with the stockpiling necessary to manage a no-deal, no transition scenario. Tags: Bank of England Brexit Mark Carney Peoplelast_img read more

Read More »

Small businesses to be given artificial intelligence boost

first_img “London is a leading hub for innovation in artificial intelligence and some of the advances being made right here in the capital are revolutionising how business is done,” Khan said.“Small businesses are the lifeblood of our economy, and I firmly believe these innovations should be available to companies of all sizes, not just the ones with the deepest pockets.”A study by AI platform Cognition X last year found London is home to more than 750 companies working in AI – more than twice as many as Paris and Berlin, its nearest competitors, combined.AI is defined as a computer system that can perform tasks which normally require human intelligence, like visual perception, speech recognition, decision making and translation between languages.Under Khan’s Technology for Business scheme, the first round of successful companies will connect with a dedicated case worker and trained to use enhanced web tools. Retailers will get 24/7 support for customers, while hotels will get tailored recommendations for guests. Small businesses to be given artificial intelligence boost London may be the artificial intelligence (AI) capital of Europe, but City Hall believes the benefits of AI are failing to trickle down to small businesses.The mayor Sadiq Khan will give 200 small businesses in London a share of £200,000 to enhance their use of AI. Ad Unmute by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeFilm OracleThey Drained Niagara Falls – Their Gruesome Find Will Keep You Up All NightFilm OracleUndoBleacherBreaker4 Sisters Take The Same Picture For 40 Years. Don’t Cry When You See The Last One!BleacherBreakerUndobonvoyaged.comThese Celebs Are Complete Jerks In Real Life.bonvoyaged.comUndoDefinitionMost Embarrassing Mistakes Ever Made In HistoryDefinitionUndoZen HeraldEllen Got A Little Too Personal With Blake Shelton, So He Said ThisZen HeraldUndoPost FunA Coast Guard Spotted Movement On A Remote Island, Then Looked CloserPost FunUndoDaily Funny40 Brilliant Life Hacks Nobody Told You AboutDaily FunnyUndoHealthyGem20 Hair Shapes That Make A Man Over 60 Look 40HealthyGemUndoMisterStoryWoman files for divorce after seeing this photoMisterStoryUndo More From Our Partners Russell 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.comKansas coach fired for using N-word toward Black playerthegrio.comAstounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.orgMan on bail for murder arrested after pet tiger escapes Houston homethegrio.comPolice Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.orgFans call out hypocrisy as Tebow returns to NFL while Kaepernick is still outthegrio.comBrave 7-Year-old Boy Swims an Hour to Rescue His Dad and Little Sistergoodnewsnetwork.org Tuesday 7 May 2019 12:05 am Sharecenter_img whatsapp Source: Matt Alexander, PA Wire whatsapp Sam Buckingham-Jones Tags: Artificial intelligence (AI) and robots People Sadiq Khan Startups The scheme is funded by the Department for Business, Energy and Industrial Strategy, and the London School of Economics, Capital Enterprise and Cognition X have joined as partners.“London is one of the best places in the world for innovation,” Tabitha Goldstaub, co-founder of Cognition X, said. “We have a unique opportunity to catalyse adoption of artificial intelligence with the businesses that will benefit the most.”Dr Anna Valero, innovation fellow at the London School of Economics, said the results of the funding would inform local and national governments to improve access to technology.last_img read more

Read More »

If you’re panicking about a spike in oil prices, look to history for a silver lining

first_imgWednesday 19 June 2019 4:02 am A big hike in the oil price today would cause problems. But at least the script is familiar, and it would accelerate carbon reduction. This is the decade in which Jeremy Corbyn’s ideas were formed. He bathes in its rosy glow with fond nostalgia. Looking back, there was a silver lining. It is not a coincidence that this was the decade in which future Nobel Laureate Bill Nordhaus began his lifelong mission to integrate energy and climate into economic models. TOPSHOT – A picture obtained by AFP from Iranian news agency Tasnim on June 13, 2019 reportedly shows an Iranian navy boat trying to control fire from Norwegian owned Front Altair tanker said to have been attacked in the waters of the Gulf of Oman. – Suspected attacks left two tankers in flames in the waters of the Gulf of Oman today, sending world oil prices soaring as Iran helped rescue stricken crew members. The mystery incident, the second involving shipping in the strategic sea lane in only a few weeks, came amid spiralling tensions between Tehran and Washington, which has pointed the finger at Iran over earlier tanker attacks in May.Subject : IRAN OIL TANKER 5 (Photo by – / TASNIM NEWS / AFP) (Photo credit should read -/AFP/Getty Images) whatsapp If you’re panicking about a spike in oil prices, look to history for a silver lining City A.M.’s opinion pages are a place for thought-provoking views and debate. These views are not necessarily shared by City A.M. But what if the conflict escalated and oil prices really did go through the roof?   The experience of the UK certainly merited that description. Inflation soared to more than 20 per cent. Unemployment trebled, to the then incredible level of over a million. Strikes plagued the economy. The nationalised industries were worse than useless. It could easily take six months for the state-controlled telephone company to install a landline. We’ve actually been here before, in 1973/74. Then, Opec flexed its muscles and the oil price rose four-fold. Today, that would mean the price rising to well over $200 a barrel. Opinion One of the characters in the popular American comic strip Doonesbury once described the 1970s as a “kidney stone of a decade”. Share There is little chance of inflation surging in a similar way today. The massive increase in the oil price induced firms to start to move away from reliance on oil. It gave market incentives to invent, fund, and develop new low-carbon products and processes. Paul OrmerodPaul Ormerod is an economist at Volterra Partners LLP, a Visiting Professor in the Department of Computer Science at UCL, and author of Against the Grain: Insights of an Economic Contrarian, published by the IEA in conjunction with City A.M. The oil shock in the 1970s came at a time when the institutional structures created by America in the aftermath of the Second World War were already crumbling.   This effectively ended in 1971, when President Richard Nixon terminated the convertibility of the US dollar to gold at a fixed price of $35 an ounce. whatsapp The tanker attacks in the Gulf of Oman have raised fears of a sharp increase in the price of oil. In the early 1970s, the inflationary pressure already existed. The inflation rate in 1973, prior to the oil price increase, was eight per cent in the UK and seven per cent even in Germany. Ted Heath had approved a scheme – which seemed lunatic even at the time – that wages would rise, not every year, but every month in line with prices. Rapidly rising inflation was built into the system. The Bretton Woods agreement of 1944 imposed fixed exchange rates on the western world.  Devaluations were few and far between, and countries were expected to focus their monetary policies on stabilising the exchange rate. These are currently being offset by worries about a slowdown in the world economy and a drop in the demand for oil. There are parallels in the world of today. The long-standing trend towards freer trade, for example, has been brought into question. The oil price rise transferred, in the short term, income from the west to the oil producers.  So a shallow recession would be more or less guaranteed. However, the oil producers eventually have to spend their increased income, and opportunities are created.last_img read more

Read More »

English pupils improve at maths in latest Pisa tests

first_img English pupils improve at maths in latest Pisa tests Pupils in England have shown a considerable improvement in mathematics, according to the latest Pisa test data released today. “Corbyn’s Labour will inflict the chaos of two referendums distracting them from focusing on improving our education system. A Conservative majority government will get Brexit done and invest £14 billion in our schools over the next three years, so that every child is given the best start in life.” Read more: Who will save our education system? Leave it to the entrepreneurs On average, pupils in England were found to be “less satisfied with their lives than pupils across the OECD countries.” A new report from the Programme for International Student Assessment (Pisa) shows that 15-year-old pupils in England performed significantly better in maths in 2018 than in 2015. By contrast, mean scores in Scotland, Wales, and Northern Ireland were much closer to the OECD average for the two subjects. Pisa tests are set by the Organisation for Economic Cooperation and Development (OECD) as a way to compare teenagers’ basic skills across the world. Education secretary Gavin Williamson said “more rigorous” primary school assessments meant more pupils were studying core academic subjects at GCSE. A higher proportion of students performed at the highest Pisa proficiency levels for maths, whilst a lower proportion worked at the lowest levels. “The PISA results are encouraging – particularly in maths – and provide yet more proof that the Conservative’s education reforms are working,” he said. Share But they have made no improvement in those two subjects for the last 13 years, according to the influential international study. In addition, the research shows that the proportion of pupils who succeed academically despite their socioeconomic background – those deemed “academically resilient”, was larger in England than OECD countries on average. The report also singles out the decline in Scotland’s maths and science performance for particular attention, saying its scores have declined “significantly” since 2006. The analysis found that headteachers in Scotland reported more problems with pupil truancy and teacher absenteeism than those in the rest of the UK, which may have contributed to the fall in standards. National Foundation for Educational Research chief executive Carole Willis said: “Pupils in England have continued to perform well in reading and science and have made significant improvement in maths. What requires further analysis and consideration is pupils’ perception of their wellbeing. “While most pupils were happy, pupils in England were more likely to have negative feelings than pupils across the OECD countries, which raises questions which need further investigation.” whatsapp Ad Unmute by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeDaily FunnyFemale Athlete Fails You Can’t Look Away FromDaily FunnyUndoFinanceChatterViewers Had To Look Away When This Happened On Live TVFinanceChatterUndoNoteableyJulia Robert’s Daughter Turns 16 And Looks Just Like Her MomNoteableyUndozenherald.comDolly Finally Took Off Her Wig, Fans Gaspedzenherald.comUndoMisterStoryWoman files for divorce after seeing this photoMisterStoryUndoPast Factory4 Sisters Take The Same Picture For 40 Years. Don’t Cry When You See The Last One!Past FactoryUndoNinjaJournalistMichael Jordan’s Divorce Settlement Has Finally Been Revealed.NinjaJournalistUndobonvoyaged.comThese Celebs Are Complete Jerks In Real Life.bonvoyaged.comUndoJournalistateTeacher Wears Dress Everyday, Mom Sets Up CamJournalistateUndo However, it also found that 66 per cent of pupils described themselves as “sometimes or always feeling worried.” Tuesday 3 December 2019 12:30 pm “The choice at this election is clear. The last time Labour were in Government the UK fell down the PISA rankings.  Edward Thicknesse In science and reading, pupils in England performed well above the OECD average, and were outperformed by only 10 and nine countries in the respective categories. Scores in England were also significantly higher than in the rest of the UK in science and maths, with scores of 507 and 504 considerably above the OECD average of 489. “Whoever forms the next Government, they must focus on getting employers even more engaged in education and help underperforming areas level up across the country.” “UK firms rightly want a world-class education system focusing on young people’s academic ability, as well as developing their character and emotional intelligence. Companies will therefore be concerned that the UK is below average on student’s life satisfaction scores. John Cope, head of education and skills policy at the CBI, said: “This year’s results confirm the UK is outperforming the PISA average, but there are some clear areas where improvement must happen.  Young people’s ability and potential is evenly spread across the country, yet opportunity for them to succeed is not. Read more: Furthed education £1bn worse off than in 2010 despite higher spending whatsapplast_img read more

Read More »