Forex rigging scandal: FCA lauds US and EU assistance on FX probe

Forex rigging scandal: FCA lauds US and EU assistance on FX probe

first_imgWednesday 12 November 2014 9:48 pm Share Tags: FCA Forex rate-rigging scandal Show Comments ▼ The Financial Conduct Authority (FCA) yesterday hailed the “unprecedented co-operation” between international regulators in helping to clinch its £1.1bn settlement yesterday, as the chancellor sought to capitalise on the bank settlements. The FCA, which dubbed its probe Operation Dovercourt, unveiled the outcome of its probe alongside its US peer, the Commodity Futures Trading Commission, and Swiss regulator Finma yesterday. The fines, the largest ever handed down by the FCA, mark an important milestone in the history of the fledgling regulator, formed almost two years ago. Chancellor George Osborne was quick to capitalise on the outcome of the probe yesterday, saying the fines reflected well on the government’s decision to overhaul UK financial regulation. “The action we’ve taken to create this powerful new City regulator… has been justified by these events and it shows we can now have confidence in the integrity of Britain’s financial markets,” he saidThe probe, which included 70 staff at the FCA working on the case, took just 13 months to wrap up – shorter than the probe into Libor fixing and despite warnings by executives the investigation would last longer.FCA boss Martin Wheatley said in February he would be “surprised” if the investigation finished this year, while FCA enforcement boss Tracey McDermott said the probe was at a “relatively early stage” as late as April earlier this year. Ad Unmute by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeMisterStoryWoman Files For Divorce After Seeing This Photo – Can You See Why?MisterStoryUndoTele Health DaveRemember Pierce Brosnan’s Wife? Take A Deep Breath Before You See What She Looks Like NowTele Health DaveUndoNational Penny For Seniors7 Discounts Seniors Only Get If They AskNational Penny For SeniorsUndoThe No Cost Solar ProgramGet Paid To Install Solar + Tesla Battery For No Cost At Install and Save Thousands.The No Cost Solar ProgramUndoMaternity WeekA Letter From The Devil Written By A Possessed Nun In 1676 Has Been TranslatedMaternity WeekUndoEquity MirrorThey Drained Niagara Falls — They Weren’t Prepared For This Sickening DiscoveryEquity MirrorUndoLoan Insurance WealthDolly Parton, 74, Takes off Makeup, Leaves Us With No WordsLoan Insurance WealthUndoPast Factory4 Sisters Take The Same Picture For 40 Years. Don’t Cry When You See The Last One!Past FactoryUndoPost FunKate & Meghan Are Very Different Mothers, These Photos Prove ItPost FunUndo Read This NextRicky Schroder Calls Foo Fighters’ Dave Grohl ‘Ignorant Punk’ forThe Wrap’Small Axe’: Behind the Music Everyone Grooved On in Steve McQueen’sThe 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 WrapPink Floyd’s Roger Waters Denies Zuckerberg’s Request to Use Song in Ad:The Wrap2 HFPA Members Resign Citing a Culture of ‘Corruption and Verbal Abuse’The WrapHarvey Weinstein to Be Extradited to California to Face Sexual AssaultThe Wrap’Crazy Rich Asians’ Director Wishes He Made South Asian Roles ‘More Human’The Wrap’Black Widow’ First Reactions: ‘This Is Like the MCU’s Bond Movie’The Wrapcenter_img whatsapp Michael Bow Bow whatsapp Forex rigging scandal: FCA lauds US and EU assistance on FX probe last_img read more

How to get the cheapest possible Uber fare and avoid surge pricing on New Year’s Eve, by Travis Kalanick

How to get the cheapest possible Uber fare and avoid surge pricing on New Year’s Eve, by Travis Kalanick

first_img Tags: Uber More From Our Partners Police Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.orgA ProPublica investigation has caused outrage in the U.S. this weekvaluewalk.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.orgFlorida woman allegedly crashes children’s birthday party, rapes teennypost.comNative American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.orgKiller drone ‘hunted down a human target’ without being told tonypost.comRussell Wilson, AOC among many voicing support for Naomi Osakacbsnews.comSupermodel Anne Vyalitsyna claims income drop, pushes for child supportnypost.comI blew off Adam Sandler 22 years ago — and it’s my biggest regretnypost.com‘Neighbor from hell’ faces new charges after scaring off home buyersnypost.comWhy people are finding dryer sheets in their mailboxesnypost.comKamala Harris keeps list of reporters who don’t ‘understand’ her: reportnypost.comBill Gates reportedly hoped Jeffrey Epstein would help him win a Nobelnypost.com980-foot skyscraper sways in China, prompting panic and evacuationsnypost.comUK teen died on school trip after teachers allegedly refused her pleasnypost.comBiden received funds from top Russia lobbyist before Nord Stream 2 giveawaynypost.com Emma Haslett How to get the cheapest possible Uber fare and avoid surge pricing on New Year’s Eve, by Travis Kalanick whatsapp New Year’s Eve means only one thing: it’s going to be impossible to get a taxi.Never fear, though: 2014 was the year Uber went from small fry to mainstream, meaning London’s streets will have more cabs than ever, all eager to whisk you to your next party. The only problem is, because Uber operates “surge” pricing at peak times, transport is going to come at a cost. But there are ways to avoid it. Ever-concerned about his customers’ wellbeing (or the wellbeing of their wallets, anyway), this time last year Uber chief executive Travis Kalanick released a video advising people how to get around surge pricing. Here it is:Bear in mind that this was released last year, so the figures are wrong (it’s now in more than 100 cities) – but nevertheless, Kalanick’s recommendations include:Get to where you’re going before 8pmBetween 8pm and 10pm, “it’s hot” – like a typical Friday or Saturday night.Between 10.30pm and midnight, “it’s like crickets out there – nobody’s requesting, there’s a ton of cars out there”. “Most likely you’ll get normal pricing, no surge at all”.At 12.15am, the demand “just way outstrips anything supply can bring to the table”. “We’re telling drivers the best time to be on the system is between 12am and 3am”.If you’re at a party at 1am “and you’d like to get home economically… wait til 3am”(Source: Uber)Advice for LondonersThis morning Uber sent out an email to Londoners adding to Kalanick’s advice. Here’s a map of road closures, so you can work out where’s easiest to find a cab:(Source: Uber) Sharecenter_img Wednesday 31 December 2014 7:52 am Ad Unmute by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeHero WarsAdvertisement This game will keep you up all night!Hero WarsUndoMaternity WeekA Letter From The Devil Written By A Possessed Nun In 1676 Has Been TranslatedMaternity WeekUndoMoneyPailShe Was A Star, Now She Works In ScottsdaleMoneyPailUndoBeverly Hills MDPlastic Surgeon Explains: “Doing This Every Morning Can Snap Back Sagging Skin” (No Creams Needed)Beverly Hills MDUndoElite HeraldExperts Discover Girl Born From Two Different SpeciesElite HeraldUndoUltimate Pet Nutrition Nutra Thrive SupplementIf Your Dog Eats Grass (Do This Every Day)Ultimate Pet Nutrition Nutra Thrive SupplementUndoNational Penny For Seniors7 Discounts Seniors Only Get If They AskNational Penny For SeniorsUndoThe No Cost Solar ProgramGet Paid To Install Solar + Tesla Battery For No Cost At Install and Save Thousands.The No Cost Solar ProgramUndoEquity MirrorThey Drained Niagara Falls — They Weren’t Prepared For This Sickening DiscoveryEquity MirrorUndo Show Comments ▼ whatsapp last_img read more

Prosecco on tap? How terribly gauche (and illegal), the Italians say

Prosecco on tap? How terribly gauche (and illegal), the Italians say

first_img Share Catherine Neilan Prosecco on tap? How terribly gauche (and illegal), the Italians say More From Our Partners Killer drone ‘hunted down a human target’ without being told tonypost.comAstounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.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.comFlorida woman allegedly crashes children’s birthday party, rapes teennypost.comNative American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.orgBiden received funds from top Russia lobbyist before Nord Stream 2 giveawaynypost.comKamala Harris keeps list of reporters who don’t ‘understand’ her: reportnypost.comUK teen died on school trip after teachers allegedly refused her pleasnypost.com‘Neighbor from hell’ faces new charges after scaring off home buyersnypost.comMatt Gaetz swindled by ‘malicious actors’ in $155K boat sale boondogglenypost.comMark Eaton, former NBA All-Star, dead at 64nypost.comInside Ashton Kutcher and Mila Kunis’ not-so-average farmhouse estatenypost.comI blew off Adam Sandler 22 years ago — and it’s my biggest regretnypost.com980-foot skyscraper sways in China, prompting panic and evacuationsnypost.com by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeMisterStoryWoman Files For Divorce After Seeing This Photo – Can You See Why?MisterStoryHero WarsThis game will keep you up all night!Hero WarsMedical MattersThis Picture Shows Who Prince Harry’s Father Really IsMedical MattersThe No Cost Solar ProgramGet Paid To Install Solar + Tesla Battery For No Cost At Install and Save Thousands.The No Cost Solar ProgramMaternity WeekA Letter From The Devil Written By A Possessed Nun In 1676 Has Been TranslatedMaternity WeekFungus EliminatorIf You Have Toenail Fungus Try This TonightFungus EliminatorMoneyPailShe Was A Star, Now She Works In ScottsdaleMoneyPailElvenarIf You Like to Play, this Fantasy Game is a Must-Have. No Install.ElvenarBeverly Hills MDPlastic Surgeon Explains: “Doing This Every Morning Can Snap Back Sagging Skin” (No Creams Needed)Beverly Hills MD Tags: NULLcenter_img Prosecco on tap. Sounds great to us, but according to the producers of Italy’s answer to Champagne it’s not only gauche, it’s also illegal.   The Prosecco DOC Consortium doesn’t pop its cork for every drinking establishment it sees – British pubs specifically, where the drink is available on tap.  The situation has got so bad even Italian politicians are getting involved. Michaele Anzaldi, an MP from the country’s Democratic Party, is leading the battle cry to have the drink put back in the bottle.  “The government will act immediately, in conjunction with the EU, against the United Kingdom and the incorrect serving of Prosecco in British pubs,” he said. “We will find out if sanctions have already have been applied and if not how best we can discourage further violations that are damaging a valuable sector of our economy.” “It’s one thing to drink Prosecco, a protected brand, but quite another to drink pseudo-wine pumped with carbon dioxide, as seems to be served in some British pubs.” Since 2009 Prosecco has been afforded the same rights as Champagne, meaning that the name can only be used to describe wine produced in the Conegliano-Valdobbiadene region it is produced, rather than the grape it comes from.  “And this means it can only be sold in the bottle,” Luca Giavi, the director of the Prosecco DOC Consortium, told The Telegraph. “We’re not moaning or trying to criticise anyone. It’s all about helping the customer.”  There is even the suggestion that those who don’t comply with the rules be fined. Consortium president Stefano Zanettin has reportedly told La Repubblica: “The fines range from €2,000 (£1,500) to €20,000 and are a valid instrument to dissuade this activity,” although he said “educating customers” would be preferable.  Britain is currently the biggest importer of Prosecco, after a 40 per cent increase last year.  Thursday 8 January 2015 4:30 am Show Comments ▼ whatsapp whatsapplast_img read more

MPs to vote on plain packaging before election

MPs to vote on plain packaging before election

first_img MPs to vote on plain packaging before election by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeMaternity WeekA Letter From The Devil Written By A Possessed Nun In 1676 Has Been TranslatedMaternity WeekMoneyPailShe Was A Star, Now She Works In ScottsdaleMoneyPailzenherald.comMeghan Markle Changed This Major Detail On Archies Birth Certificatezenherald.comEquity MirrorThey Drained Niagara Falls — They Weren’t Prepared For This Sickening DiscoveryEquity MirrorNoteableyKirstie Alley Is So Skinny Now And Looks Like A BarbieNoteableyBeverly Hills MDPlastic Surgeon Explains: “Doing This Every Morning Can Snap Back Sagging Skin” (No Creams Needed)Beverly Hills MDVikings: Free Online GameIf you’re over 50 – this game is a must!Vikings: Free Online GameUltimate Pet Nutrition Nutra Thrive SupplementIf Your Dog Eats Grass (Do This Every Day)Ultimate Pet Nutrition Nutra Thrive SupplementBeach RaiderMom Belly Keeps Growing, Doctor Sees Scan And Calls CopsBeach Raider Express KCS Wednesday 21 January 2015 8:43 pm Read This NextRicky Schroder Calls Foo Fighters’ Dave Grohl ‘Ignorant Punk’ forThe Wrap’Drake & Josh’ Star Drake Bell Arrested in Ohio on Attempted ChildThe 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 WrapKatt Williams Explains Why He Believes There ‘Is No Cancel Culture’ inThe WrapPink Floyd’s Roger Waters Denies Zuckerberg’s Request to Use Song in Ad:The Wrap’Black Widow’ First Reactions: ‘This Is Like the MCU’s Bond Movie’The Wrap’The View’: Meghan McCain Calls VP Kamala Harris a ‘Moron’ for BorderThe Wrap whatsappcenter_img whatsapp Tags: General Election 2015 Share Show Comments ▼ Rules on enforcing plain packaging for cigarettes, similar to Australia’s move to ban advertising on the packaging of cigarettes in 2012, could be introduced in the UK by May.Health minister Jane Ellison made the surprise announcement last night that the government would propose a bill before the next general election for MPs to vote on.“Having considered all the evidence, the secretary of state and I believe that the policy is a proportionate and justified response to the considerable public health harm from smoking tobacco,” said Ellison. “In doing so we would be bringing the prospect of our first smoke-free generation one step closer.”An Imperial Tobacco spokesperson said the company is “very surprised and disappointed. More than two years into the failed plain packaging experiment in Australia there’s no meaningful evidence to show it’s had any impact on smoking rates, but illicit trade has gone up.”While research in July last year showed daily smoking rates in Australia fell 15 per cent between 2010 and 1 December 2013, tobacco firms dispute the findings.Former Deutsche Bank head of consumer research, where he covered tobacco, Jon Fell said he didn’t expect any share price reaction this morning following the government’s reaction.“The overall impact on the tobacco is likely to be extremely small if not entirely negligible,” Fell told City A.M.MPs are expected to be given a free vote on the issue before Parliament is dissolved ahead of the election, and the vote would likely pass as Labour has already pledged to introduce plain packaging if they come to power.“I have reviewed the evidence, and agree that standardised packaging would be a positive move for public health, particularly the role it could play in helping to prevent the uptake of smoking by children,” said chief medical officer for England Professor Sally Davies. last_img read more

British firms’ optimism lifted by falling costs

British firms’ optimism lifted by falling costs

first_img whatsapp More From Our Partners Police Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.org‘Neighbor from hell’ faces new charges after scaring off home buyersnypost.comAstounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.orgMark Eaton, former NBA All-Star, dead at 64nypost.comBrave 7-Year-old Boy Swims an Hour to Rescue His Dad and Little Sistergoodnewsnetwork.orgKamala Harris keeps list of reporters who don’t ‘understand’ her: reportnypost.comA ProPublica investigation has caused outrage in the U.S. this weekvaluewalk.comNative American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.orgRussell Wilson, AOC among many voicing support for Naomi Osakacbsnews.com Monday 9 March 2015 12:19 am British firms’ optimism lifted by falling costs Share whatsapp FALLING costs and increasing revenues are making UK firms more optimistic about their future prospects, according to a study out today from professional services group BDO.Its optimism index edged up from 104.4 in January to 104.9 in February, which compares with 103.3 a year earlier.And BDO’s output index increased from 102.9 to 103.1 on the month.Part of the reason for the improvement is the fall in the inflation index from 95.1 to 94.7 – below the 95-level which indicates prices holding flat. And these combined factors have pushed up the employment index sharply, from 111.6 in January to 113.1 in February.The steady optimism score indicates “that uncertainty around the General Election has not swayed confidence in continued growth over the next six months,” said the report.And the combination means workers can expect a pay rise.“These expectations are reflected more broadly in the falling UK unemployment rate and shrinking pool of unemployed workers, meaning that workers will start to benefit from real wage growth this year,” BDO said. Tags: NULL Show Comments ▼ Express KCS last_img read more

Gfinity losses widen on event investment

Gfinity losses widen on event investment

first_img Tags: NULL Tuesday 17 March 2015 9:48 pm whatsapp Esport business firm Gfinity yesterday reported a wider loss for the first half of its financial year as revenue grew strongly but was more than offset by higher costs.However, the company said the investments it was making to build its brand were paying off as it added about 20,000 new registered users a month.Gfinity, which listed on Aim in December, reported a pre-tax loss of £1.4m for the six months to end-December, compared with a loss of £583,991 a year earlier, even though revenue grew to £145,401 from £16,303. The cost of making those sales doubled to £791,003, and adminis­trative expenses more than tripled to £746,897.“Since the Aim flotation, there has been increasing interest from prominent advertisers and sponsors in accessing Gfinity’s audience, which due to its profile, is difficult to reach through traditional forms of media,” the company said. “Gfinity’s primary focus for 2015 is to continue to maximise growth of its user base and consolidate its reputation for delivering the highest quality eSports events and expand­ing the size of the online community.” whatsapp Express KCS center_img by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeMaternity WeekA Letter From The Devil Written By A Possessed Nun In 1676 Has Been TranslatedMaternity WeekMoneyPailShe Was A Star, Now She Works In ScottsdaleMoneyPailzenherald.com20 Rules Genghis Khan’s Army Had To Live Byzenherald.comNoteableyKirstie Alley Is So Skinny Now And Looks Like A BarbieNoteableyDiscovery29+ Fascinating U.S. Navy WarshipsDiscoveryMagellan TimesThis Is Why The Roy Rogers Museum Has Been Closed For GoodMagellan TimesHistory 10[Gallery] The 25 Worst Casting Choices of All-TimeHistory 10ComedyAbandoned Submarines Floating Around the WorldComedyMoneyWise.com15 States Where Americans Don’t Want To Live AnymoreMoneyWise.com Gfinity losses widen on event investment 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 ProofIndian Spiced Vegetable Nuggets: Recipes Worth CookingFamily ProofCheese Crostini: Delicious Recipes Worth CookingFamily ProofTop 10 Fried Chicken Spots in the U.S.GayotAmazon roars for MGM’s lion, paying $8.45 billion for studio behind JamesFamily ProofYoga for Beginners: 3 Different Types of Yoga You Should TryFamily ProofChicken Bao: Delicious Recipes Worth CookingFamily ProofHomemade Tomato Soup: Delicious Recipes Worth CookingFamily Proof Sharelast_img read more

From the solar eclipse and the Budget to the FTSE 100 hitting 7,000: Here’s what got us talking this week

From the solar eclipse and the Budget to the FTSE 100 hitting 7,000: Here’s what got us talking this week

first_img Show Comments ▼ From the solar eclipse and the Budget to the FTSE 100 hitting 7,000: Here’s what got us talking this week Catherine Neilan whatsapp Share whatsappcenter_img Friday 20 March 2015 12:25 pm There was a solar eclipse and toxic smog. There was a red box. And there was a lesser-spotted yellow box. Here’s what got us talking this week.  1. The FTSE 100 hit 7,000 for the first time After what felt like weeks of playing hard to get, the FTSE 100 finally gave it up and broke the psychological 7,000 barrier. And oh, how we celebrated. We made this infographic charting the highs and lows of Britain’s blue chip index, we drilled down into who runs our biggest businesses and we asked if you have a name for greatness. Unless it’s Dave, the answer is “probably not”. 2. Europe got very excited about staring at a grey sky. The toxic smog may have spoiled the view of the solar eclipse from London, but much of the rest of Europe had a great time. There were some amazing images from around the world and the expressions on the faces of various children is in many ways better than the natural phenomenon itself. 3. George Osborne gave us something to talk about, and so did Danny Alexander (though maybe not what he was hoping) For once, the chancellor left a few surprises for Budget day, and top of the list was the Help to Buy Isa. While it might be good news for first time buyers, not everyone was convinced it was a great idea.  There was plenty of other detail, however. This is how the Budget affects you and here is an at-a-glance digest that cuts through the Budget white noise. Danny Alexander tried to get in on the action with his alternative Budget, presented from a yellow box, but it went down like a lead balloon. The Budget was also a bad day for bookies, who had to pay out big after Osborne’s two kitchen joke.  4. A tank drove through central London – on behalf of Jeremy Clarkson Guido Fawkes has been backing Jeremy Clarkson since his suspension over the “fracas” with a producer. This week, the blogger and someone dressed as The Stig drove a tank through central London to BBC HQ to present a petition calling for the Top Gear’s reinstatement. We’re not sure why but it was certainly a good publicity stunt.   5. We’ve been drinking tea wrong all this time Science has spoken, and it has told us that we have got it wrong when it comes to making the perfect cup of tea. We should be stewing it for longer, ideally in a pot, and we might want to reconsider our approach to milk too. The nation of tea-drinkers has been told.  Leisurely readsAfter such a busy week, we’d really like to get away somewhere relaxing. This article offers top tips on finding your secluded paradise in the Sun. Here is how to hire a private island so it doesn’t break the bank.  If you’re staying put, the next few months have several treats in store for you on the cultural front. Read our guide for London’s artist offerings for this spring and summer here.   Google’s HR boss Lazslo Bock offers his top tips for winning at job interviews. And he really knows what he’s talking about, having once received seven job offers from five companies at the same time. His advice feels more Wall Street than Mountain View. From elsewhereBloomberg has a great piece about the insane valuations of startups where billions of dollars has become par for the course. It might not surprise you to know that the numbers are basically made up.  After a week of growing tensions between Germany and Greece – not helped by a faked video of Yanis Varoufakis giving the finger – this article by the Economist is well worth a read.  And lastly, with the spectre of the Scottish referendum still looming large, this piece by Times writer Hugo Rifkind for The Spectator considers where the real threat to the union is coming from – and claims it’s not the SNP. The Last Word Source Getty/City A.M.  Tags: Company FTSE 100 UK weatherlast_img read more

Global growth picks up but could be hindered by lack of investment

Global growth picks up but could be hindered by lack of investment

first_imgWednesday 3 June 2015 8:31 pm whatsapp Show Comments ▼ More From Our Partners Institutional Investors Turn To Options to Bet Against AMCvaluewalk.comInside 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.orgFlorida woman allegedly crashes children’s birthday party, rapes teennypost.comPolice Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.orgRussell Wilson, AOC among many voicing support for Naomi Osakacbsnews.comAstounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.orgWhite House Again Downplays Fourth Possible Coronvirus Checkvaluewalk.comNative American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.org Global growth picks up but could be hindered by lack of investment whatsapp GLOBAL growth is expected to move closed towards its pre-crisis trend rate by the end of next year, but increased capital spending is needed to push economies forward.According to the latest outlook from the Organisation of Economic Co-operation and Development (OECD), activity is becoming more evenly shared across major economies and overall external imbalances are less marked than in the run-up to 2007.The group sees global growth at 3.1 per cent in 2015, rising to 3.8 per cent in 2016. The upturn in global growth is expected thanks to low oil prices, widespread monetary easing and a reduction in the drag from fiscal consolidation in the major economies.However, the OECD warned that the global economy “can be characterised as only achieving a muddling-through “B-minus ” grade”, with growth in the first quarter of this year being weaker than in any quarter since the crisis. It added that weak investment in many economies is hindering an increase in consumption, job creation and wage rises, while also eroding the prospects for long-term sustainable growth.“The global economy is projected to strengthen, but the pace of recovery remains weak and investment has yet to take off,” OECD secretary-general Angel Gurria said. center_img by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeMaternity WeekA Letter From The Devil Written By A Possessed Nun In 1676 Has Been TranslatedMaternity WeekPost FunKate & Meghan Are Very Different Mothers, These Photos Prove ItPost FunInvestment GuruRemember Cote De Pablo? Take A Deep Breath Before You See Her NowInvestment GuruEquity MirrorThey Drained Niagara Falls — They Weren’t Prepared For This Sickening DiscoveryEquity MirrorTele Health DaveRemember Pierce Brosnan’s Wife? Take A Deep Breath Before You See What She Looks Like NowTele Health DaveTaonga: The Island FarmThe Most Relaxing Farm Game of 2021. No InstallTaonga: The Island FarmLivestlyThe Best Redhead Actresses, RankedLivestlyTotal PastThis Was Found Hiding In An Oil Painting – Take A Closer LookTotal PastAtlantic MirrorA Kilimanjaro Discovery Has Proved This About The BibleAtlantic Mirror Share Express KCS Tags: NULLlast_img read more

IMF slashes US growth forecast

IMF slashes US growth forecast

first_img Share The International Monetary Fund (IMF) has slashed its forecast for US growth in 2015 to 2.5 per cent, from its previous estimate of 3.1 per cent. Its forecast for growth in 2016 was cut to three per cent, from 3.1 per cent. The news comes after the US delivered its worst quarter in a year, with economic growth of just 0.2 per cent in the first three months of 2015.  To boost growth, the IMF urged the US Federal Reserve, which is widely expected to hike rates over the next few months, to keep its interest rate low at least until the first half of 2016.”The US economy’s momentum in the first quarter was derailed by unfavourable weather, a sharp contraction in oil sector investment, the West Coast port strike, and the effects of the stronger dollar,” it said.”These developments represent a temporary drag but not a long-lasting brake on growth. A solid labour market, accommodative financial conditions and cheaper oil should support a more dynamic path for the remainder of the year.” whatsapp Emma Haslett Tags: IMF whatsapp Thursday 4 June 2015 9:42 amcenter_img More From Our Partners Brave 7-Year-old Boy Swims an Hour to Rescue His Dad and Little Sistergoodnewsnetwork.orgInstitutional Investors Turn To Options to Bet Against AMCvaluewalk.comRussell Wilson, AOC among many voicing support for Naomi Osakacbsnews.comKiller drone ‘hunted down a human target’ without being told tonypost.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.orgWhite House Again Downplays Fourth Possible Coronvirus Checkvaluewalk.comPolice Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.orgInside Ashton Kutcher and Mila Kunis’ not-so-average farmhouse estatenypost.comMark Eaton, former NBA All-Star, dead at 64nypost.com‘Neighbor from hell’ faces new charges after scaring off home buyersnypost.comMatt Gaetz swindled by ‘malicious actors’ in $155K boat sale boondogglenypost.comWhy people are finding dryer sheets in their mailboxesnypost.comSupermodel Anne Vyalitsyna claims income drop, pushes for child supportnypost.comUK teen died on school trip after teachers allegedly refused her pleasnypost.comKamala Harris keeps list of reporters who don’t ‘understand’ her: reportnypost.com980-foot skyscraper sways in China, prompting panic and evacuationsnypost.com IMF slashes US growth forecast Show Comments ▼ Ad Unmute by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeMaternity WeekA Letter From The Devil Written By A Possessed Nun In 1676 Has Been TranslatedMaternity WeekUndoPost FunKate & Meghan Are Very Different Mothers, These Photos Prove ItPost FunUndoInvestment GuruRemember Cote De Pablo? Take A Deep Breath Before You See Her NowInvestment GuruUndoEquity MirrorThey Drained Niagara Falls — They Weren’t Prepared For This Sickening DiscoveryEquity MirrorUndoTele Health DaveRemember Pierce Brosnan’s Wife? Take A Deep Breath Before You See What She Looks Like NowTele Health DaveUndoTaonga: The Island FarmThe Most Relaxing Farm Game of 2021. No InstallTaonga: The Island FarmUndoLivestlyThe Best Redhead Actresses, RankedLivestlyUndoTotal PastThis Was Found Hiding In An Oil Painting – Take A Closer LookTotal PastUndoNovelodgePierce Brosnan’s Wife Lost 120 Pounds – This Is Her NowNovelodgeUndo last_img read more

Former City of London planning officer Peter Rees on the launch of The Council on Tall Buildings and Urban Environment in London: “We can’t have more piles of safe deposit boxes”

Former City of London planning officer Peter Rees on the launch of The Council on Tall Buildings and Urban Environment in London: “We can’t have more piles of safe deposit boxes”

first_img Share The number of skyscrapers in London has increased noticeably over recent years – and it turns out that hasn’t gone unobserved by the international community of tall building enthusiasts.  Last night, the Chicago-based Council for Tall Buildings and the Urban Habitat  (CTBUH) – whose chief claim to fame is as the official arbiter of the world’s tallest buildings – launched a chapter in London, with former City planning officer Peter Rees on its executive committee. Rees, who spent 29 years as the City of London’s planning officer and played an active part in the creations of both Canary Wharf and the current cluster of towers going up around the City, told City A.M. the organisation was arriving in London at the perfect time. “London at the moment has no shortage of proposals for tall buildings, but unfortunately most of them are with creating maximum profit from the site, and very little to do with what London needs,” he said. “They are the things I’ve nicknamed the ‘piles of safe deposit boxes’ – a very different type of product than what we’re used to. Putting up a number of very expensive apartments to be bought by rich people to stash their cash doesn’t do anything for London.” He said the focus should not just be on the tall buildings side – but on how they fit into the urban environment.  “High rise buildings should be primarily for office use, because you can create high-density employment; for hotels, because guests enjoy a nice view; and for leisure space, that way something can be given back to the public. They shouldn’t just be a private entity for a select few.” CTBUH, which also has regional chapters in Canada, the USA, China and Japan, said London had “much to offer” when considering the integration of tall buildings into a historic environment. “The UK may be the ‘short cousin’, but that doesn’t mean it has any less of a story to tell.” whatsapp Emma Haslett whatsapp Former City of London planning officer Peter Rees on the launch of The Council on Tall Buildings and Urban Environment in London: “We can’t have more piles of safe deposit boxes” Thursday 18 June 2015 12:46 am More From Our Partners Kamala Harris keeps list of reporters who don’t ‘understand’ her: reportnypost.comAstounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.orgWhite House Again Downplays Fourth Possible Coronvirus Checkvaluewalk.comNative American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.orgRussell Wilson, AOC among many voicing support for Naomi Osakacbsnews.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.comPolice Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.orgInstitutional Investors Turn To Options to Bet Against AMCvaluewalk.comFlorida woman allegedly crashes children’s birthday party, rapes teennypost.comSupermodel Anne Vyalitsyna claims income drop, pushes for child supportnypost.comFeds seized 18 devices from Rudy Giuliani and his employees in April raidnypost.com‘Neighbor from hell’ faces new charges after scaring off home buyersnypost.comUK teen died on school trip after teachers allegedly refused her pleasnypost.comMatt Gaetz swindled by ‘malicious actors’ in $155K boat sale boondogglenypost.comSidney Crosby, Alex Ovechkin are graying and frayingnypost.comInside Ashton Kutcher and Mila Kunis’ not-so-average farmhouse estatenypost.comI blew off Adam Sandler 22 years ago — and it’s my biggest regretnypost.com Show Comments ▼ Tags: bridges and landmarks London buildingslast_img read more