£4 million for England’s museums

More From Our Partners Astounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.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.orgConnecticut man dies after crashing Harley into live bearnypost.comNative American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.org980-foot skyscraper sways in China, prompting panic and evacuationsnypost.comPolice Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.orgA ProPublica investigation has caused outrage in the U.S. this weekvaluewalk.comBiden received funds from top Russia lobbyist before Nord Stream 2 giveawaynypost.com Ad Unmute by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeMisterStoryWoman Files For Divorce After Seeing This Photo – Can You See Why?MisterStoryUndoOne-N-Done | 7-Minute Workout7 Minutes a Day To a Flat Stomach By Using This 1 Easy ExerciseOne-N-Done | 7-Minute WorkoutUndoMoneyPailShe Was A Star, Now She Works In ScottsdaleMoneyPailUndoAtlantic MirrorA Kilimanjaro Discovery Has Proved This About The BibleAtlantic MirrorUndoWarped SpeedCan You Name More State Capitals Than A 5th Grader? Find Out Now!Warped SpeedUndoUnify Health LabsRandy Jackson: This 3 Minute Routine Transformed My HealthUnify Health LabsUndoPensAndPatronTori Roloff Confirms Devastating News About The FamilyPensAndPatronUndoZen HeraldEllen Got A Little Too Personal With Blake Shelton, So He Said ThisZen HeraldUndoMaternity WeekAfter Céline Dion’s Major Weight Loss, She Confirms What We Suspected All AlongMaternity WeekUndo Tuesday 17 January 2017 6:50 pm The Government and the Wolfson Foundation have awarded grants worth £4 million to 39 museums and galleries in England.The foundation put up half the funding for these improvements, which are aimed at increasing access, upgrading public spaces and updating displays. Share Ashley Coates The Department for Culture, Media and Sport and the Wolfson Foundation have contributed £44m to 382 projects across England’s museums since the improvement scheme was launched in 2001.Paul Ramsbottom, CEO of the Wolfson Foundation, said: “This is a wonderful example of how a charity and government can work fruitfully together in partnership and we are grateful to government for matching our funding”.“The awards demonstrate the richness and variety of the country’s museum collections. From Egyptian mummies in Leicester to a Roman fort on Tyneside, this is a gloriously diverse set of projects – but all demonstrate excellence and all will improve the visitor experience”. In London, the Natural History Museum is receiving £100,000 for improvements to their iconic central space, the Hintze Hall. A further £200,000 is being used to renovate the Central Gallery and the West Court at the V&A, which house the museums world famous casts of architectural wonders.Some of the capital’s smaller museums that are receiving the funds include: £75,000 for the Young Engineers Gallery at the London Transport Museum and £40,000 for GET BUSY at the Museum of London Docklands.Matt Hancock, Minister of State for Digital and Culture said: “These grants will make an important contribution toward increasing access to their wonderful collections and improving the visitor experience at museums right across the country.The largest single grant went to the Weald and Downland Museum in Singleton, West Sussex, which is using the funds to support a dairy and bakery exhibiting historical Sussex food production methods.£100,000 is being used by the National Football Museum to display the world’s largest collection of women’s football memorabilia at the museum’s site in Manchester. whatsapp £4 million for England’s museums whatsapp read more

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After Donald Trump sacked the acting attorney general, are America’s checks and balances under threat?

Brian Klaas and Kurt Schlichter by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeMoneyPailShe Was A Star, Now She Works In ScottsdaleMoneyPailMisterStoryWoman Files For Divorce After Seeing This Photo – Can You See Why?MisterStoryAtlantic MirrorA Kilimanjaro Discovery Has Proved This About The BibleAtlantic MirrorWarped SpeedCan You Name More State Capitals Than A 5th Grader? Find Out Now!Warped SpeedUnify Health LabsRandy Jackson: This 3 Minute Routine Transformed My HealthUnify Health LabsLiver Health1 Bite of This Melts Belly And Arm Fat (Take Before Bed)Liver HealthLuxury SUVs | Search AdsThese Cars Are So Loaded It’s Hard to Believe They’re So CheapLuxury SUVs | Search AdsOne-N-Done | 7-Minute Workout7 Minutes a Day To a Flat Stomach By Using This 1 Easy ExerciseOne-N-Done | 7-Minute WorkoutDr. Marty3 Silent Clues Your Cat Asks For HelpDr. Marty Dr Brian Klaas, fellow in comparative politics at the London School of Economics, says Yes.Students of American democracy around the world learn that the brilliance of the system lies in three magic words: checks and balances. The problem is that the checks and balances themselves are not magic.America’s democratic institutions are only as resilient and robust as the people who enforce them during times of distress. They are facing a time of distress right now. And yet core aspects of those democratic checks and balances are being tested like never before. whatsapp Suddenly, under the Trump presidency, financial conflicts of interest have become a partisan issue – Republicans seem not to worry about them, while Democrats do. The same is true for respect for the media, rooting policy statements in fact, or in using religion as a basis for determining immigration status.This polarisation of core American principles threatens checks and balances like never before in modern American history. It has only been 12 days. But Congress, the courts, and the constitution are being tested.Kurt Schlichter, an author, lawyer and retired US army colonel, says No.The firing of Sally Yates was critical to restoring constitutional checks and balances. Her actions were an assault upon constitutional governance.Under the Constitution, the judicial branch – the courts – pass on the constitutionality of congressional actions (laws) and executive actions. But Yates betrayed her oath to uphold the Constitution by attempting to take that power for herself as an unelected bureaucrat.The role of the civil service is not to make its own independent determinations about policy or laws. The Constitution allocates that role. Instead, it must play its own part, by providing a defence of the government’s actions.Her role as an attorney was to make the best possible case for her client. We would be shocked and disgusted at a lawyer who refused to defend an accused because she took upon herself the judge and jury’s role of determining the facts. Donald Trump’s action was not only right, it was absolutely necessary for the functioning of our government. Share Wednesday 1 February 2017 4:01 am After Donald Trump sacked the acting attorney general, are America’s checks and balances under threat? whatsapp read more

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Heathrow and Gatwick fly to new heights as the London rivals both announce a record February

Heathrow chief executive officer John Holland-Kaye said:“Heathrow is off to a flying start in 2017 – we’re delivering the best service of any major airport in Europe to record numbers of passengers and boosting British exports with record cargo volumes. Our new sustainability leadership strategy will make Heathrow a centre of excellence for sustainable aviation and planning for expansion is firmly underway with SMEs across Britain lining up to help us deliver it.” whatsapp Gatwick’s February passenger figures demonstrate the confidence we are witnessing from our passengers, with travel still high priority following the Brexit referendum, with passenger numbers up 10 per cent on February 2016. Share Heathrow and Gatwick fly to new heights as the London rivals both announce a record February Ad Unmute by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May Likehttps://anymuscle.com15 Symptoms of Diabetes You Shouldn’t Ignorehttps://anymuscle.comUndokawnjamil.com/10 Brain Tumor Signs You Should Never Ignorekawnjamil.com/UndoweniixTop 5 best super-luxury cars of 2021 – WENIIXweniixUndoTrendscatchersSchool Cop Sees Student In Corner, Drops To Her Knees When She Sees WhyTrendscatchersUndoHealthy ZoneWarning! 10 Subtle Signs of Kidney Diseases that Should Never Be IgnoredHealthy ZoneUndoJournalistateThese Women Have Inspired A Lot Of Women WorldwideJournalistateUndoFind Jobs Online | Search AdsOnline Jobs May Pay More Than You Think.Find Jobs Online | Search AdsUndoBuzzDestination10 yoga asanas that are good for women’s healthBuzzDestinationUndoDuctless Heat | Search Ads Ductless Heaters You May Wish You Bought SoonerDuctless Heat | Search Ads Undo Once more, long-haul routes proved a key area of growth, soaring 20.3 per cent, while cargo increased by six per cent.Read more: Heathrow plans to halve late-running departures to reduce noise for localsTravel via the North Atlantic climbed by 53.1 per cent, the most dramatic increase of the available routes.Stewart Wingate, chief executive officer of Gatwick Airport, said the numbers reflected resilient passenger confidence after uncertainty from the EU referendum.He said: February has been a bustling month for London’s two largest airports, as both Gatwick and Heathrow reached record-breaking passenger numbers. Again.Gatwick Airport recorded its busiest-ever February, as three million passengers used it, up 9.9 per cent from the same month last year. Heathrow Airport also experienced its best February performance to date, with a record 5.27m passengers, up 5.5 per cent from 2016.The greatest increase in travel was to the Middle East, by 10.6 per cent. However, travel within the UK dropped by 8.2 per cent.Cargo also increased by 3.2 per cent.Read more: Heathrow’s on the hunt for more small businesses in its supply chain Friday 10 March 2017 10:55 am Lian Parsons whatsapp read more

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After wreaking havoc in New York, Storm Stella is now heading to the UK

whatsapp Ad Unmute by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikePeople TodayUpset Woman Opens Husband’s Car Trunk And Uncovers 3 Year old SecretPeople TodayUndohowtothinkpositive.netWhat Color Is Your Aura And What Does It Reveal About You?howtothinkpositive.netUndoWeniixLook: The Future of Cars! – WENIIXWeniixUndoyourhelthcare.comWATCH – Awesome Sugar Life Hacks You Should Knowyourhelthcare.comUndoHealth Living30 Best Hairstyles and Haircuts for Women Over 50Health LivingUndoDigital Transformation Courses | Search AdsDigital Transformation Courses in Scottsdale Might Surprise YouDigital Transformation Courses | Search AdsUndohttps://anymuscle.com17 Signs You Might Have Diabeteshttps://anymuscle.comUndoanymuscle.comThe 15 cancer-causing foods to avoidanymuscle.comUndokawnjamil.com/10 Brain Tumor Signs You Should Never Ignorekawnjamil.com/Undo Storm Stella, which devastated parts of the US yesterday and led to thousands of cancelled flights on both sides of the Atlantic is heading to the UK, bringing 60 mph gales and downpours on Friday.As well as cancelled flights, schools and businesses across the Eastern Seaboard were closed after 2ft of snow fell in some areas. The storm will come just as Londoners are getting used to warmer temperatures, with the mercury due to hit 16 degrees today.Lest we forget, towards the end of last month Storm Doris wreaked havoc over Britain with gusts of 50-60 mph and warnings issued for rain, snow, wind, fog and ice.The Met Office has said it could issue wind warnings in the North West of the country when Stella hits, but has reassured Britons the effects will be far weaker than what was experienced in the US. Nina Edy Share After wreaking havoc in New York, Storm Stella is now heading to the UK Wednesday 15 March 2017 11:59 am whatsapp Read This NextIf You’re Losing Hair in This Specific Spot, It Might Be a Thyroid IssueVegamourTop 5 Tips If You’re Losing Your EyebrowsVegamourWhat Causes Hair Loss? Every Trigger ExplainedVegamourSmoking and Hair Loss: Are They Connected?VegamourThis Is How Often You Should Cut Your HairVegamourWant Thicker Hair? Follow These 12 StepsVegamourHow Often Can You Dye Your Hair?VegamourTips & Tricks for Styling Thin HairVegamour16 Foods to Grow Your Healthiest Hair EverVegamour read more

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Erdogan warns his patience with Turkey’s central bank “has limits” after rates hike

first_img Share Friday 14 September 2018 3:04 pm Erdogan warns his patience with Turkey’s central bank “has limits” after rates hike More From Our Partners Russell Wilson, AOC among many voicing support for Naomi Osakacbsnews.comAstounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.orgColin Kaepernick to publish book on abolishing the policethegrio.comNative American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.orgLA news reporter doesn’t seem to recognize actor Mark Currythegrio.comA ProPublica investigation has caused outrage in the U.S. this weekvaluewalk.comFort Bragg soldier accused of killing another servicewoman over exthegrio.comBrave 7-Year-old Boy Swims an Hour to Rescue His Dad and Little Sistergoodnewsnetwork.orgPolice Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.org President Recep Tayyip Erdogan has warned his patience with Turkey’s central bank “has limits” following its decision to hike interest rates.Erdogan reaffirmed his stance that interest rates should be lower and said the country would “see the results” of the bank’s independence, in a speech to member of his ruling AK Party in Ankara. It comes after the bank defied the executive president and raised interest rates from 17.75 per cent to 24 per cent – beating market expectations.Read more: Turkish lira soars after central bank raises interest ratesErdogan said: “It’s currently my phase of patience but there is a limit to this patience.”He added: “Here you go, have your independence. We will see the results of the independence.”The Turkish lira soared to 6.06 per dollar – from a lower of 6.54 earlier that day – following the decision as investor confidence was buoyed after a tumultuous few months for the currency. It dropped slightly on Friday to 6.12 per dollar.Read more: Erdogan takes control of Turkey’s sovereign wealth fundJust hours before the bank’s decision Erdogan had publicly called for rates to be lowered – he had previously called interest rates “the mother and father of all evil.”The country’s central bank promised action after inflation rose to 18 per cent. whatsapp whatsapp Callum Keown last_img read more

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NCA investigates Arron Banks and Leave.EU over alleged referendum offences

first_img“Our investigation has unveiled evidence that suggests criminal offences have been committed which fall beyond the remit of the Commission.”This is why we have handed our evidence to the NCA to allow them to investigate and take any appropriate law enforcement action. This is now a criminal investigation.”Banks denied any wrongdoing and said he welcomed the investigation.“It is an opportunity for us to clear up the matter,” Banks said. “The Electoral Commission have said offences may have been committed but have provided no evidence.””There is no evidence of any wrongdoing from the companies I own. I am a UK taxpayer and I have never received any foreign donations. The Electoral Commission has produced no evidence to the contrary,” he said. Share James Booth NCA investigates Arron Banks and Leave.EU over alleged referendum offences whatsapp The Electoral Commission referred both Banks and another senior campaigner, Elizabeth Bilney, to the NCA.“Our investigation relates to suspected electoral law offences covered by that referral, as well as any associated offences,” the NCA said.Banks, who was a financial backer of the Leave.EU campaign which was spearheaded by former UKIP leader Nigel Farage, has denied any wrongdoing.The commission’s legal counsel, Bob Posner, said: “We have reasonable grounds to suspect money given to Better for the Country came from impermissible sources and that Mr Banks and Ms Bilney, the responsible person for Leave.EU, knowingly concealed the true circumstances under which this money was provided.”This is significant because at least £2.9m of this money was used to fund referendum spending and donations during the regulated period of the EU referendum. by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeBetterBe20 Stunning Female AthletesBetterBeMoneyPailShe Was A Star, Now She Works In ScottsdaleMoneyPailMisterStoryWoman Files For Divorce After Seeing This Photo – Can You See Why?MisterStoryBridesBlushWhat The Harry Potter Stars Look Like Out Of CostumeBridesBlushAtlantic MirrorA Kilimanjaro Discovery Has Proved This About The BibleAtlantic MirrorJustPerfact USAMan Decides to File for Divorce After Taking a Closer Look at This Photo!   JustPerfact USAGundry MD Bio Complete 3 SupplementTop Heart Surgeon: This Simple Trick Helps Empty Your Bowels Every MorningGundry MD Bio Complete 3 SupplementDaily FunnyFemale Athlete Fails You Can’t Look Away FromDaily Funnyzenherald.comDolly Finally Took Off Her Wig, Fans Gaspedzenherald.com He added that the Electoral Commission had been “under intense political pressure from anti-Brexit supporters”. Tags: Trading Archive The National Crime Agency is investigating Arron Banks and the Leave.EU campaign for alleged electoral law offences during the 2016 EU referendum. Thursday 1 November 2018 1:24 pm whatsapplast_img read more

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Virgin Atlantic and Stobart Group poised to make takeover move for Flybe

first_imgThursday 10 January 2019 11:37 pm Tags: Company Oil prices People Richard Branson Sky whatsapp Sebastian McCarthy by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeBetterBe20 Stunning Female AthletesBetterBeMisterStoryWoman Files For Divorce After Seeing This Photo – Can You See Why?MisterStoryZen HeraldEllen Got A Little Too Personal With Blake Shelton, So He Said ThisZen HeraldFinance Wealth PostTom Selleck’s Daughter Is Probably The Prettiest Woman To Ever ExistFinance Wealth PostGive It LoveThese Twins Were Named “Most Beautiful In The World,” Wait Until You See Them TodayGive It LoveMoneyPailShe Was A Star, Now She Works In ScottsdaleMoneyPailTotal PastJohn Wick Stuntman Reveals The Truth About Keanu ReevesTotal Pastmoneycougar.comDiana’s Butler Reveals Why Harry Really Married Meghanmoneycougar.comNoteableyFaith Hill’s Daughter Is Probably The Prettiest Woman In The WorldNoteabley Sharecenter_img whatsapp A move for the airline is expected to be announced on the London Stock Exchange on Friday, sources told Sky News.The news comes after the Exeter-based regional airline put itself up for sale in mid-November weeks after issuing a profit warning, having been hit by rising oil prices and a weaker pound.Virgin Atlantic, Stobart Group and Flybe did not respond to a request for comment. Richard Branson’s Virgin Atlantic and the Stobart Group are close to securing the takeover of embattled regional airline Flybe, according to reports in Sky News this evening.Flybe, which recently reported a 54 per cent drop in half-year profits, could be acquired by a consortium led by Virgin Atlantic in an offer that would represent a lower value than the firm’s 16.4p closing share price today. More From Our Partners Matt Gaetz swindled by ‘malicious actors’ in $155K boat sale boondogglenypost.comA ProPublica investigation has caused outrage in the U.S. this weekvaluewalk.comInside Ashton Kutcher and Mila Kunis’ not-so-average farmhouse estatenypost.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.orgRussell Wilson, AOC among many voicing support for Naomi Osakacbsnews.comNative American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.orgBrave 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.comUK teen died on school trip after teachers allegedly refused her pleasnypost.comWhy people are finding dryer sheets in their mailboxesnypost.comI blew off Adam Sandler 22 years ago — and it’s my biggest regretnypost.comMark Eaton, former NBA All-Star, dead at 64nypost.comBiden received funds from top Russia lobbyist before Nord Stream 2 giveawaynypost.comConnecticut man dies after crashing Harley into live bearnypost.comFlorida woman allegedly crashes children’s birthday party, rapes teennypost.com‘Neighbor from hell’ faces new charges after scaring off home buyersnypost.com Virgin Atlantic and Stobart Group poised to make takeover move for Flybe last_img read more

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Barclays, Lloyds and Natwest launch business hubs as branch closures hit small firms

first_img Barclays, Lloyds and Natwest launch business hubs as branch closures hit small firms Managing director of SME at Lloyds Bank, Paul Gordon said: “The Business Banking hub pilot is being explored as an additional route for firms looking for flexible banking.”Working collaboratively with other high street banks means more businesses will benefit.”Barclays business banking chief executive Ian Rand said: “The pilot is designed to complement our existing branch network and innovative cash collect service, which enables businesses to schedule cash pick-ups when it’s convenient to them.” by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikePost FunRare Photos Show Us Who Meghan Markle Really IsPost FunLiver Health1 Bite of This Melts Belly And Arm Fat (Take Before Bed)Liver HealthParenting FactorLily From The AT&T Ads Is Causing A Stir For One ReasonParenting FactorZen HeraldEllen Got A Little Too Personal With Blake Shelton, So He Said ThisZen HeraldAtlantic MirrorA Kilimanjaro Discovery Has Proved This About The BibleAtlantic MirrorMagellan TimesIf You See A Red Ball On A Power Line, Here’s What It MeansMagellan TimesThe Legacy ReportMan Who Predicted 2020 Crash Says “Now Is The Time”The Legacy ReportFactablePut Baking Soda Around The Base Of A Tomato Plant, Here’s WhyFactableInvestment GuruRemember Cote De Pablo? Take A Deep Breath Before You See Her NowInvestment Guru Tags: Trading Archive Read more: Digital bank Monzo in discussion with Post Office over cash services dealThe hubs will allow businesses to pay in large volumes of coins, notes and cheques and complete cash exchange transactions.Businesses customers of the three banks will be able to use the shared facilities, which will be managed by cash management vendors G4S and Vaultex.The total number of bank branches in the UK has fallen from 11,365 in 2007 down to 7,207, according to a parliamentary review last year.In November the Banking Standards Boards (BSB) said small businesses were being damaged by branch closures and urged banks to collaborate. whatsapp whatsappcenter_img Callum Keown Monday 11 March 2019 3:30 pm “We have listened to what our business customers really want from our cash services,” Natwest deputy chief executive Alison Rose said.“It is now more important than ever that we continue to offer innovative services, and we are creating an infrastructure that allows small business owners and entrepreneurs to do what they do best – run their business,” she added.The business banking hubs will have extended opening hours – 8am to 8pm – seven days a week, with the first opening in Birmingham today.Read more: DEBATE: Is the UK ready to go cashless?A further five in Manchester, Crosby, London, Leicestershire and Bristol will follow in the coming weeks. Share More From Our Partners Native American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.orgBiden received funds from top Russia lobbyist before Nord Stream 2 giveawaynypost.comRussell Wilson, AOC among many voicing support for Naomi Osakacbsnews.comPolice 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.org‘Neighbor from hell’ faces new charges after scaring off home buyersnypost.comBrave 7-Year-old Boy Swims an Hour to Rescue His Dad and Little Sistergoodnewsnetwork.orgMatt Gaetz swindled by ‘malicious actors’ in $155K boat sale boondogglenypost.com Three of the UK’s largest banks have unveiled plans for joint business hubs amid fears small firms are being hit by branch closures.Natwest, Lloyds Bank and Barclays have announced the pilot, which will see six business banking hubs launched across the country.last_img read more

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London takes top spot in future global cities ranking

first_imgFriday 31 May 2019 11:48 am 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.comNative American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.orgColin Kaepernick to publish book on abolishing the policethegrio.comRussell Wilson, AOC among many voicing support for Naomi Osakacbsnews.comFans 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.orgKansas coach fired for using N-word toward Black playerthegrio.comAstounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.org whatsapp whatsapp Today’s new report also found that New York holds the top spot for this year’s current global cities index as a result of strong scores in business activity and human capital, closely followed by London and Paris in second and third place respectively.In a recent survey of financial executives Duff & Phelps found New York had overtaken London to become the world’s dominant financial centre.Just over half of respondents said they viewed New York as the world’s best financial hub, rising 10 per cent from last year. Meanwhile, just over 35 per cent said the same for London, falling 17 per cent from 2018. Global Cities Outlook index Read more: Watches of Switzerland starts clock on London debut London has taken the top spot in a new global index that has ranked the best cities for future business investment, trumping the likes of Singapore, San Francisco and Paris.The capital has moved from third to first place as the world’s prime contender to be the next top powerhouse, according to the 2019 Global Cities report released today by consultancy firm A.T. Kearney. 5. Paris Sebastian McCarthy center_img 3. San Francisco London takes top spot in future global cities ranking Read more: EE’s 5G lands in London and five other UK citiesDining experiences, major sporting events and demand from international travellers helped push London to the top of the table, as well as increased investment in security measures and improvements to public healthcare.”While the true impact of Brexit is yet to come, London’s consistently strong performance in recent years puts the city in good stead for the future,” said Andrew Stewart, managing partner at A.T. Kearney.He added: “Commitment to key areas such as innovation, cultural experiences, and human capital will be the defining factor in the next generation of the world’s most influential cities.” Tags: Brexit EE Share 2. Singapore by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May Likebonvoyaged.comThese Celebs Are Complete Jerks In Real Life.bonvoyaged.comPast Factory4 Sisters Take The Same Picture For 40 Years. Don’t Cry When You See The Last One!Past FactoryFilm OracleThey Drained Niagara Falls – Their Gruesome Find Will Keep You Up All NightFilm OracleZen HeraldEllen Got A Little Too Personal With Blake Shelton, So He Said ThisZen HeraldDefinitionMost Embarrassing Mistakes Ever Made In HistoryDefinitionDaily Funny40 Brilliant Life Hacks Nobody Told You AboutDaily FunnyMisterStoryWoman files for divorce after seeing this photoMisterStoryHealthyGem20 Hair Shapes That Make A Man Over 60 Look 40HealthyGemPost FunThe Deadliest Snakes Ever Found On The PlanetPost Fun 1. London 4. Amsterdamlast_img read more

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Pressure on for Fed chair Powell at Jackson Hole

first_imgBetween a rock and a hard place Pressure on for Fed chair Powell at Jackson Hole Tomorrow, the eyes of global investors will be firmly trained on Powell, who is widely expected to signal a further reduction in US interest rates following the Fed’s July meeting, which saw a 25 basis point (0.25 percentage point) cut.  Read more: Chinese renminbi falls to lowest versus dollar since 2008 WASHINGTON, DC – JULY 11: Federal Reserve Board Chairman Jerome Powell testifies before the Senate Banking, Housing and Urban Affairs Committee July 11, 2019 in Washington, DC. Powell delivered testimony on the “Semiannual Monetary Policy Report to the Congress.” (Photo by Win McNamee/Getty Images) The issue hints at another major challenge to monetary policy, which symposium attendees will discuss in hushed tones: Trump. Central bankers and financial markets like certainty, but with the current leadership of the US, they have to adapt to a world without any. Since its launch in the late 1970s, the symposium has witnessed some famous moments – or, at least, famous in central banking terms. In 2005, future Indian central bank governor Raghuram Rajan presciently warned his audience that high levels of risk-taking with complicated financial products posed a threat to financial stability, only to be slapped down by ex-Treasury Secretary Larry Summers. Tom Carroll, head of asset management at investment firm Sanlam, says Powell “is in a very difficult situation… If he’s seen to be too dovish, then is he pandering to the tweets of Donald Trump?”  Another issue that will be discussed in Wyoming is the way central banks communicate to the economy. Daco says that although Powell’s job is “almost impossible,” he has to carry some of the blame for market dissatisfaction with the Fed’s messaging on the economy. More From Our Partners Native 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.orgA ProPublica investigation has caused outrage in the U.S. this weekvaluewalk.comAstounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.orgMatt Gaetz swindled by ‘malicious actors’ in $155K boat sale boondogglenypost.comRussell Wilson, AOC among many voicing support for Naomi Osakacbsnews.comPolice Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.orgFlorida woman allegedly crashes children’s birthday party, rapes teennypost.comBill Gates reportedly hoped Jeffrey Epstein would help him win a Nobelnypost.comKiller drone ‘hunted down a human target’ without being told tonypost.com980-foot skyscraper sways in China, prompting panic and evacuationsnypost.comInside Ashton Kutcher and Mila Kunis’ not-so-average farmhouse estatenypost.com‘Neighbor from hell’ faces new charges after scaring off home buyersnypost.comPuffer fish snaps a selfie with lucky divernypost.comUK teen died on school trip after teachers allegedly refused her pleasnypost.comSidney Crosby, Alex Ovechkin are graying and frayingnypost.comFeds seized 18 devices from Rudy Giuliani and his employees in April raidnypost.com The theme of this year’s central banking symposium in Wyoming is “challenges for monetary policy”. Chief among the challenges for the Fed and other central banks is that with interest rates close to record lows and bond markets saturated with their money, they’re out of ammo. Shah says Powell has been “whipsawed” by the US-China trade war just as markets have. It’s “such a key factor,” she says, “that each announcement can entirely change the forecast”. Yet the US economy is relatively strong. Unemployment is at 50-year lows, wages are growing, the stock market is 10 years into a bull run, and growth is higher than almost all other developed economies. Sharecenter_img Read more: US Fed minutes show central bankers debated cutting interest rates more aggressively Challenges ahead Most people journey to the snowy plateaus below the Wyoming mountains for a relaxing week of fresh air. US Federal Reserve chairman Jay Powell, however, will find his visit to the north-western ski resort an altogether more stressful affair. The question is, how dovish should Powell be? Investors are pricing in at least two more 25 basis point cuts by the end of the year. Seema Shah, chief strategist at Principal Global Investors, says the Fed has to say a rate cut is likely in September. “To not deliver that would be taken very, very negatively by the markets.” Adding to Powell’s problems is the man in the White House. US President Donald Trump has kept unprecedented pressure on the Fed to cut rates. He tweeted today: “Our Federal Reserve does not allow us to do what we must do. They put us at a disadvantage against our competition.” whatsapp In 2007, Fed chair Ben Bernanke laid the groundwork for interest rate cuts to support the failing US financial system. And in 2014, European Central Bank governor Mario Draghi reassured his audience that he would sooth the shaken Eurozone economy. A year later, he launched one of the biggest bond-buying programmes in history.  Read more: US manufacturing sector contracts for first time since 2009, survey says Harry Robertson Carroll says central banks are in “uncharted territory” and wonders whether further interest rate cuts can “make any difference” to the economy. Given that central banks have struggled to stoke inflation even with ultra-loose monetary policy, “is another quarter point really going to make that much difference?”   Thursday 22 August 2019 5:24 pm Powell will take centre stage at the Jackson Hole central banking “symposium” tomorrow, a yearly event that sees the big players and pointy-heads of global monetary policy converge on a tiny Wyoming town. whatsapplast_img read more

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