Once again Caribbean and African countries have got their begging bowls out, demanding that Britain pays them 'Reparations'- If you don’t know what 'Reparations' are, it means people who have never been slaves, experienced slavery, or been in any way adversely affected by slavery, demanding financial compensation for slavery, from people who have never owned slaves, benefited from slavery, or been in any way involved in any kind of slavery...
Actions such as this are reprehensible.
It's happened before.
Nobody wins with this sort of thing.
At the very least the price of food will go up as a result of lost food.
Besides, there's not enough food in the world to start with.
People are starving on the streets in places.
I'm not really a fan of interest rate increases, particularly because of some of the, perhaps, unintended repercussions that can result from them and from this clip it seems that a lot of folks in Australia are of a similar frame of mind.
It's an interesting thought that PM Carney of Canada wants to look into becoming an associate member of the EU when at this point in time, Europe appears to be, to put it mildly, descending into massive civil unrest.
This was one of those days that comes now and then.
People who are invested, particularly in those stocks that were worst hit, must decide if the companies they're invested in will still be around next year (yes) and as a result should they run and hide, or back up the truck.
Ugly day for US stocks, especially tech (CNBC data below).
Sharp selloffs on even relatively minor earnings blemishes show investors have now pivoted to applying much greater scrutiny to AI capex, funding needs, monetization, and ROI.
This frisson in markets is not translating in a reassessment of the tech-led growth outlook, at least as of now.
#economy #markets #tech
@Spursworld_ Harry Kane is a great man and to think that Arsenal let him go.
Having said that he was only 8 at the time I think but the point still stands.
Top bloke.
Google has suffered a record $500bn (£375bn) share-price wipe-out over fears that AI is eating into the search giant’s main advertising business.
Shares in Alphabet, Google’s parent company, crashed by as much as 13pc on Thursday, wiping hundreds of billions of dollars from its value.
🔗 https://t.co/gZVUIYh0jK
I tend to think that of all the surveys as to what Britons would have wanted to hear from John Healey's first budget that not many would have had 'tuppence off gherkins' at the top of their list.
John Healey’s first Budget offers “tuppence off gherkins” while leaving major economic challenges unresolved, argues @timothy_stanley.
In his latest column, Stanley challenges the Chancellor’s promises of “breathing space”, criticising the lack of a clear plan for defence spending and the retreat from welfare reform ⬇️
https://t.co/V7a40DrfDJ
If there's one thing that you could learn from this headline it's that Tiff Macklem probably doesn't have a variable rate mortgage himself and that he probably assumes that no small to medium sized business' have variable rate lines of credit that need to be serviced.
This is a big mistake in my opinion. Any increase in inflation has been due to the price of oil.
Increasing rates will not affect the world price of oil. It'll only make things more expensive for anyone who needs to borrow money or has loans like business' and the general public.
Well this was not the result we wanted or expected but if you're going to lose then it might as well be to a team that wears Arsenal kits (more or less) and who play at a ground called Highbury and who play the Captain Pugwash theme when they score a goal.
The people who now populate our mainstream media pass-off secret filming at Reform as the pinnacle of investigative journalism, even though it comes with no danger, only the applause of people who all think the same.
My latest monologue about ITV’s hatchet-job on Reform.
https://t.co/IzBo9HCxIu
'Europe looks like one MASSIVE riot... Communists calling for REVOLUTION. Riot police battling masked protesters. Cities in CHAOS.'
@BenLeo delivers a blistering verdict on unrest across the continent: 'Europe is falling in front of our eyes'.