Court orders Theranos founder Elizabeth Holmes to go to prison
Holmes was also ordered to pay $452m to the victims of the blood testing scandal.
2023-05-18 08:28
Donald Trump’s financial statements were key to getting loans, ex-bank official tells fraud trial
Donald Trump obtained hundreds of millions of dollars in loans using financial statements that a court has since deemed fraudulent, a retired bank official has testified at the former president’s New York civil fraud trial
2023-10-12 04:59
Marketmind: Bank of Japan sets the stage for higher yields
A look at the day ahead in European and global markets from Vidya Ranganathan The Bank of Japan decided to
2023-07-28 12:53
Toymakers Hasbro, Mattel slump after sounding alarm over holiday spending
By Savyata Mishra (Reuters) -Toymaker Hasbro disappointed investors with its results on Thursday, joining Barbie-maker Mattel in warning of a
2023-10-26 23:21
Kylian Mbappe’s Al Hilal transfer could spark chain reaction affecting every top club in Europe
As eye-watering as the Al Hilal offer to Paris Saint-Germain for Kylian Mbappe may be, it is itself not a blind bid. The Saudi Pro League club have for weeks been sounding out what it would actually take to bring him over. The Al Hilal president Fahad bin Nafel has been talking about the star to anyone who will listen - including in negotiations for other targets. The Mbappe camp have let a few conditions be known, but they are still considering everything. The 24-year-old himself is said to still be almost single-minded about joining Real Madrid next summer and countenancing nothing else, but there may be a few complications before then. That is the case with the entire transfer market right now, and this is finally a situation that brings the two major factors driving - or, really, halting - it together. One is Saudi Arabian money, which has caused everyone to rethink their plans. The other is the striker market, which currently has a lot of interlinked interests. The feeling is that one big deal will release everything, but the two biggest are log-jammed. It only adds to the intrigue that they are log-jammed for totally opposite reasons. Tottenham Hotspur do not want to sell Harry Kane. PSG are now desperate to sell Mbappe. The potential chain reaction, according to those working on many of the deals, goes like this. If PSG do sell Mbappe, they will go even bigger for Kane. “Whatever they were going to offer the player before, they’d double it,” in the words of one involved figure. Such a bid would almost certainly meet the £100m valuation that Daniel Levy is understood to see as a minimum to even consider a sale, but would also force a response from Bayern Munich. The German club are extremely confident they can get the player and that he wants to come, although one source quipped that “they have no experience of dealing with Daniel”. While PSG are among the few parties that believe the Qatari project can themselves get a deal for Kane done, the general feeling is he will not go there and has little interest, but that he would instead see Manchester United as a first priority. They are currently negotiating for Atalanta’s Rasmus Hojlund and pressing on with that. If it did come to a situation where Spurs were willing to sell Kane and openly negotiating with rival clubs, however, United would have to consider acting. It is even believed that the Old Trafford hierarchy would be prepared to set aside separate funds for the England international, such is the value of the signing. The thinking within the market, meanwhile, is that nothing else happens until the Kane decision is made. After that, if PSG do not get him, they will press ahead for Randal Kolo Muani or Dusan Vlahovic. If Vlahovic goes, Juventus will finally make a concrete move for Romelu Lukaku, who himself has an offer from Al Hilal. Which brings us full circle. There may now be another layer with Mbappe. PSG have been sounding out most of Europe’s major clubs, with the response so far mixed. Manchester United are currently not interested this summer, and do not expect that to change. Barcelona and Chelsea have at least explored the possibility. The latter might appeal to Mbappe, especially due to a good relationship with Mauricio Pochettino, but it is understood that his first preference in the Premier League would actually be Arsenal. That is down to reasons like the romance of Thierry Henry's history there, as well as the idea of making history himself and delivering a first title in 20 years. As one figure close to the player’s camp said amid the flurry of activity on Friday, “if ever there was a window for that, it’s now”. Mikel Arteta is another who doesn’t have that kind of budget, though, as he now needs to make sales to bring in another midfielder and potentially a right-back. It is one of the ironies of Mbappe’s situation, and another sign of the direction the game is headed. The 24-year-old is so good, and his horizons as a footballer so vast, that he actually has very limited options. There are only about three or four clubs that could afford him. Lionel Messi found the same in 2021 and this summer. Long gone are the days when an upwardly mobile side in Serie A or La Liga might offer an exciting possibility, as was the case with even Ronaldo before the turn of the millennium. As it is, most major clubs are reluctant to move for other reasons beyond the budget. They think Mbappe only wants the traditional kingpins of European football: Real Madrid. Both the Spanish club and the player are currently willing to hold their nerve. That has increased pressure on PSG but numerous sources insist there is even more to it than just seeing such an asset go for free next summer, and to a club they have an increasingly tense relationship with. There is constant talk of a “loyalty bonus”, with Mbappe set to earn £35m if he is still at Parc des Princes on 31 July. This would of course bring further Financial Fair Play costs for PSG, and that for a player of immense value they will get no money for anyway. Spurs may similarly see their megastar walk away for nothing and have so far come at it from the opposite perspective, although there are murmurs that is changing. Monday brought reports that club owner Joe Lewis has told Levy to sell if Kane will not sign a new deal. The industry view has long been this by far makes the most sense, especially as the club will have to adjust for a future without the striker sooner rather than later. A new tactical approach under Ange Postecoglou even offers something different. For now, everyone is monitoring what everyone else does, without making a decisive move. That’s the nature of the market. A further aspect is that there are almost as many political complications within the Saudi Pro League as there are with the two main summer sagas. While Al Hilal are giddy at the prospect of signing Mbappe, that excitement is not shared within the wider division and not just for reasons of competition. Most of that is due to this idea that the player could do a year in the Saudi Pro League before decamping to the Bernabeu. It is not as neat a compromise for everyone as is being claimed - before you even get to the idea of such a footballer playing in a developing division for a season. One argument put forward is that for all the immediate focus Mbappe would bring, it could actually be damaging to the reputation of the competition if he were to just leave so quickly. The point of the wider project is to build for the long term and gradually create a luxurious but sustainable home for those outside the Premier League. The state does not want it to be somewhere where players are just parked. An immediate departure for Madrid could also create a precedent where the higher-profile players arriving this summer could demand clauses allowing them to leave if Champions League clubs come in. Most of all, though, an immediate Mbappe departure would leave a vacuum. The league would suddenly feel that bit more hollow again, with a move to Madrid instead confirming football’s supposed natural order. The offer still stands, though. For now, it’s only adding to the stand-still in the wider market. Read More World-record bid made for Kylian Mbappe as PSG exit looms PSG attempting to hijack Bayern Munich’s bid to sign Harry Kane Real Madrid’s Kylian Mbappe plan revealed after PSG declare intent to sell forward
2023-07-25 00:53
Andreeva, 16, into Wimbledon third round
Russian 16-year-old Mirra Andreeva reached the third round of a Grand Slam for a second successive time...
2023-07-06 21:53
GameStop's Black Friday Ad Is Bursting With Savings for Gamers
If you've held off on upgrading to the latest consoles, Black Friday is a good
2023-11-24 10:48
Jamaican Jackson shapes up for most important days of her life
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2023-08-17 23:25
Khloe Kardashian reflects on her bond with Kourtney's ex Scott Disick on his birthday, fans say 'they make a great couple'
Khloe Kardashian calls sister Kourtney Kardashian's ex-boyfriend Scott Disick 'best father'
2023-05-27 08:54
What are cluster bombs and why is it controversial for the US to send them to Ukraine?
The United States is expected to announce it is sending cluster munitions to Ukraine to help its military push back Russian forces entrenched along the front lines. The administration of Joe Biden is set to say that it will send thousands of them as part of a new military aid package worth $800m (£630m). The move will likely trigger outrage from some allies and humanitarian groups that have long opposed the use of cluster bombs. Proponents argue that both Russia and Ukraine have already been using the controversial weapon in Ukraine and that the munitions the US will provide have a reduced dud rate, meaning there will be far fewer unexploded rounds that can result in unintended civilian deaths. Here is a look at what cluster munitions are, where they have been used and why the U.S. plans to provide them to Ukraine now. What is a cluster munition? A cluster munition is a bomb that opens in the air and releases smaller "bomblets" across a wide area. The bomblets are designed to take out tanks and equipment, as well as troops, hitting multiple targets at the same time. The munitions are launched by the same artillery weapons that Western allies have already provided to Ukraine for the war — such as howitzers — and the type of cluster munition that the US is planning to send is based on a common 155 mm shell that is already widely in use across the battlefield. Why are they so controversial? In previous conflicts, cluster munitions have had a high dud rate, which meant that thousands of the smaller unexploded bomblets remained behind and killed and maimed people decades later. The US last used its cluster munitions in battle in Iraq in 2003, and decided not to continue using them as the conflict shifted to more urban environments with more dense civilian populations. On Thursday, Brigadier General Pat Ryder – the Pentagon press secretary – said the US Defense Department has "multiple variants" of the munitions and "the ones that we are considering providing would not include older variants with [unexploding] rates that are higher than 2.35 per cent." A convention banning the use of cluster bombs has been joined by more than 120 countries, which agreed not to use, produce, transfer or stockpile the weapons and to clear them after they've been used. The US, Russia and Ukraine haven't signed on. Why provide them now? For more than a year the US has dipped into its own stocks of traditional 155 howitzer munitions and sent more than two million rounds to Ukraine. Allies across the globe, including the UK, have provided hundreds of thousands more. A 155 mm round can strike targets 15 to 20 miles (24 to 32 kilometres) away, making them a munition of choice for Ukrainian ground troops trying to hit enemy targets from a distance. Ukrainian forces are burning through thousands of the rounds a day battling the Russians. Yehor Cherniev, a member of Ukraine's parliament, told reporters at a German Marshall Fund event in the US this spring that Kyiv would likely need to fire 7,000 to 9,000 of the rounds daily in intensified counteroffensive fighting. Providing that many puts substantial pressure on U.S. and allied stocks. The cluster bomb can destroy more targets with fewer rounds, and since the US hasn't used them in conflict since Iraq, it has large amounts of them in storage it can access quickly, said Ryan Brobst, a research analyst for the Foundation for Defense of Democracies. A March 2023 letter from top House and Senate Republicans to the Biden administration said the US may have as many as three million cluster munitions available for use, and urged the White House to send the munitions to alleviate pressure on American war supplies. "Cluster munitions are more effective than unitary artillery shells because they inflict damage over a wider area," Mr Brobst said. "This is important for Ukraine as they try to clear heavily fortified Russian positions." Tapping into the US stores of cluster munitions could address Ukraine's shell shortage and alleviate pressure on the 155 mm stockpiles in the US and elsewhere, Mr Brobst said. Is using cluster bombs a war crime? Use of cluster bombs itself does not violate international law, but using them against civilians can be a violation. As in any strike, determining a war crime requires looking at whether the target was legitimate and if precautions were taken to avoid civilian casualties. "The part of international law where this starts playing [a role], though, is indiscriminate attacks targeting civilians," Human Rights Watch's associate arms director Mark Hiznay said. "So that's not necessarily related to the weapons, but the way the weapons are used." Where have cluster bombs been used? The bombs have been deployed in many recent conflicts. The US initially considered cluster bombs an integral part of its arsenal during the invasion of Afghanistan that began in 2001, according to Human Rights Watch (HRW). The group estimated that the US-led coalition dropped more than 1,500 cluster bombs in Afghanistan during the first three years of the conflict. The Defense Department had been due to stop use of any cluster munitions with a rate of unexploded ordnance greater than 1 per cent, by 2019. But the Trump administration rolled back that policy, allowing commanders to approve use of such munitions. Syrian government troops have often used cluster munitions — supplied by Russia — against opposition strongholds during that country's civil war, frequently hitting civilian targets and infrastructure. And Israel used them in civilian areas in south Lebanon, including during the 1982 invasion. During the month-long 2006 war with Hezbollah, HRW and the United Nations accused Israel of firing as many as four million cluster munitions into Lebanon. That left unexploded ordnance that threatens Lebanese civilians to this day. The Saudi-led coalition in Yemen has been criticized for its use of cluster bombs in the war with the Iran-backed Houthi rebels that has ravaged the southern Arabian country. In 2017, Yemen was the second deadliest country for cluster munitions after Syria, according to the UN. Children have been killed or maimed long after the munitions originally fell, making it difficult to know the true toll. In the 1980s, the Russians made heavy use of cluster bombs during their 10-year invasion of Afghanistan. As a result of decades of war, the Afghan countryside remains one of the most heavily mined countries in the world. Associated Press Read More The Body in the Woods | An Independent TV Original Documentary The harrowing discovery at centre of The Independent’s new documentary Biden is considering sending controversial cluster munitions to help Ukraine Muslims across Pakistan hold anti-Sweden rallies to denounce burning of Islam's holy book Ukraine claims new gains made against Russia’s troops near Bakhmut - live
2023-07-07 19:25
Mitoma heads full-strength Japan squad to start World Cup qualifying
Japan named a full-strength squad featuring Brighton's Kaoru Mitoma and Real Sociedad's Takefusa Kubo on Wednesday for the start of their 2026 World Cup qualifying...
2023-11-08 15:59
Caroline Flack’s mum gives poignant message to Phillip Schofield in Newsnight interview
The mother of the late ITV presenter Caroline Flack has given her thoughts on the ongoing scandal surrounding the former This Morning host Phillip Schofield, after the broadcaster said he understood “how [she] felt” amid “relentless” media criticism of his affair with a younger male colleague. Schofield quit the popular ITV daytime show in May, before releasing a statement in which he confirmed he had a “consensual on-off relationship” which was “unwise, but not illegal”. In his first broadcast interview since issuing these comments, carried out by the BBC’s media editor Amol Rajan, the broadcaster said he has “lost everything”. “My girls saved my life… Last week, they haven’t left me for a moment. They’ve been by my side every moment, because they’re scared to let me out of their sight," Schofield said. “They said to me, ‘don’t you dare do this on our watch. We’re supposed to be looking after you.’ “If my girls hadn’t been there, I wouldn’t be here, because I don’t see a future. And so how much do you want a man to take? “And this is how Caroline Flack felt, and it didn’t stop.” Sign up to our free Indy100 weekly newsletter Flack quit ITV2’s reality show Love Island in December 2019 after facing an assault charge over an altercation with her boyfriend. She died by suicide two months later amid intense criticism online and in the press. Now, after Schofield referenced her daughter’s experience in his BBC interview, Caroline Flack’s mother Christine spoke to Newsnight and confirmed she does “feel worried for him” amid the “relentless” comments around the scandal. After presenter Victoria Derbyshire read Schofield’s remarks to Ms Flack, she replied: “That’s exactly how she felt. Everyday, she’d try and be a little bit stronger, which I imagine Phillip is, and you get more and more thrown at you. “He knew Caroline, and I must say when she died he was very upset, and I think he’s now realising even more what she went through. But until it happens to you, you feel sad, but you don’t understand.” Asked what her message to Schofield would be, Ms Flack added: “I hope they’ll get over this, and they will. They will. “Don’t do anything silly. You’ve got your daughters, you’ve got your friends.“ Ms Flack has since been commended online for her comments on social media. In his lengthy interview with the BBC, Schofield also said the fact the scandal has become “so massive” is “predominantly homophobic”, and that he is a “victim of hate”. Have your say in our news democracy. Click the upvote icon at the top of the page to help raise this article through the indy100 rankings.
2023-06-03 18:53
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