The government finds its hands somewhat tied at present on measures it can take to boost economic growth. The parlous state of public finances – the government borrowed £25bn alone in April – means that neither meaningful tax cuts nor increases in public spending that lift productivity are feasible just now. So it is no
At least two people have been killed after a Russian missile strike hit a health clinic and a veterinary building in eastern Ukraine, officials have said. Video footage showed a severely damaged site with smoke pouring out of it, following the attack in the city of Dnipro on Friday. Most of the upper floor of
“Iron Woman” is the name given to Mutlu Kaya by her almost two million TikTok followers, due to the bullet in her brain. She is a social media star, a heroic figure to her followers. But this isn’t how she wanted to find fame. In May 2015, aged 20, Mutlu was a finalist on the
Military analyst and former fast jet pilot Sean Bell has said the US and its allies sending F-16 fighter jets to Ukraine will be of “major concern” for Vladimir Putin. “But, even if Ukraine was to be gifted a squadron of F-16s, that would not provide credible or capable combat air capability,” he said. Mr
Former Trump White House Attorney Ty Cobb says that he believes former President Donald Trump will go to jail over the classified documents case that special prosecutor Jack Smith is investigating. Trump so far has not been charged and has repeatedly denied wrongdoing.
Britain’s largest building society has made some mortgages more expensive as the Bank of England’s interest rate is now expected to rise higher than previously thought. Nationwide has said interest rates on new fixed-rate mortgages will rise 0.45 percentage points. It follows moves by lenders such as Halifax, Santander and Atom Bank who also upped
South Korea’s Hyundai Motor Group and LG Energy Solution (LGES) just announced that they will build a $4.3 billion EV battery plant in the state of Georgia. The two companies signed a memorandum of understanding in a signing ceremony today at LGES’s headquarters in Seoul. The two companies will 50/50 jointly open their new EV
Flames from a flaring pit near a well in the Bakken Oil Field. The primary component of natural gas is methane, which is odorless when it comes directly out of the gas well. In addition to methane, natural gas typically contains other hydrocarbons such as ethane, propane, butane, and pentanes. Orjan F. Ellingvag | Corbis
A merchant sells crystal ornaments via a live TikTok broadcast. CFOTO | Future Publishing | Getty Images TikTok Shop is a rising threat to major e-commerce players such as Shopee and Lazada in Southeast Asia. It comes as its parent ByteDance pushes the short video app in markets outside the U.S. and India to create
Elon Musk’s brain-implant company Neuralink on Thursday said the US Food and Drug Administration (FDA) had given the green light to its first-in-human clinical trial, a critical milestone after earlier struggles to gain approval. The FDA nod “represents an important first step that will one day allow our technology to help many people,” Neuralink said
An 11-year-old boy who was shot by a police officer has returned home from hospital after almost a week of treatment. Aderrien Murry spent five days in hospital with a collapsed lung, lacerated liver, and fractured ribs after the officer shot him in the chest early on Saturday, lawyer Carlos Moore said. Aderrien was well
Brian Laundrie’s mother offered him “a shovel and garbage bags” if he needed to dispose of a body, according to a “burn after reading” letter, court documents show. The parents of Laundrie’s fiancee Gabby Petito have been given the letter after a Florida judge denied a request from his parents to withhold it. The Petitos
Associated Press May 25, 2023, 06:18 PM ET LOUISVILLE, Ky. — A federal judge has granted Churchill Downs’ motion for summary judgment that dismisses Bob Baffert’s claim the track breached due process by suspending the Hall of Fame trainer for two years. Churchill Downs Inc. suspended Baffert in June 2021 after his now-deceased colt, Medina
Jeremy Hunt has told Sky News he is comfortable with Britain being plunged into recession if that’s what it takes to bring down inflation. The chancellor said that he would fully support the Bank of England raising interest rates higher, potentially towards 5.5%, as it battled higher-than-expected prices. Asked by Sky News whether he was
Britain is determined to compete in the global race for green investment, the chancellor has told Sky News, days before the expected announcement that Jaguar Land Rover owner Tata will build a major new battery factory in the country. Jeremy Hunt said that he was prepared to deploy subsidy money from the government’s £1bn war
Russia and Ukraine have given conflicting accounts of the situation in Bakhmut, with Kyiv claiming its forces still controlled part of the besieged eastern city. Meanwhile, Vladimir Putin has congratulated the Wagner mercenary force and Russian troops for “liberating” the city. So what is happening on the ground? Former British Intelligence Officer Philip Ingram has
New CNN reporting shows that while President Biden’s administration criticized airlines for flight delays and cancellations last summer, an understaffed FAA facility was also a large contributing factor. CNN’s Pete Muntean reports. #CNN #News
The world’s largest wind turbine manufacturer, Vestas Wind Systems, announced it would integrate over 300 Ford F-150 Lightning electric trucks into its US fleet to power up the wind energy industry. Ford F-150 Lightning EV trucks to take on US wind energy With over 15,000 wind turbines deployed across the US and Canada, Vestas is
China has so far not acted in an aggressive manner toward shipping in the South China Sea, but the very potential of action creates a clear threat to the economies of Japan and South Korea. Kazuhiro Nogi | AFP | Getty Images The following commentary is from Kevin Klowden, chief global strategist of Milken Institute.
Reed Kuhn Close Reed Kuhn Special to ESPN.com Reed Kuhn is a Silicon Valley entrepreneur, and strategy and analytics consultant. He is the author of “Fightnomics: The Hidden Numbers and Science in Mixed Martial Arts,” the first book to quantify drivers and performance metrics in combat sports. Ian Parker May 25, 2023, 09:26 AM ET