
Stocks Drop as Traders Cut Risk on MidEast Tension: Markets Wrap
Equities fell as investors responded to the threat of a weekend escalation in the Middle East conflict, driving
2023-10-20 15:49

UK Borrowing on Track to Undershoot as Inflation Boosts Tax
An inflation-induced tax boom has left UK government borrowing on track to come in significantly below official forecasts
2023-10-20 15:49

Mumbai air worse than Delhi this week
Withdrawing monsoon rains and constructions work have caused the air quality to deteriorate, officials say.
2023-10-20 14:53

UK Retail Sales Fall More Than Expected in Spell of Warm Weather
UK retail sales tumbled more than expected as unusually warm weather deterred shoppers from spending on clothes for
2023-10-20 14:51

F1 drivers react as governing body increases size of fines
Lewis Hamilton and his fellow Formula One drivers could be fined up to one million euros following a dramatic change to the sport’s rulebook. Ahead of this weekend’s United States Grand Prix, F1’s governing body announced it has increased the maximum sanction that stewards can impose on a driver from 250,000 euros (£218,000) to 871,500 euros (£760,000). The FIA said the amount had been static for the last 12 years and “does not reflect the current needs of motor sports”. But the decision was met with surprise by the grid’s drivers. Daniel Ricciardo, back in action after missing five races with a broken hand, calling it “scary”, and Haas’ Kevin Magnussen branding the move “ridiculous”. Hamilton, who next season will start a new £100million two-year deal with Mercedes, said: “If they are going to fine us one million euros, let’s makes sure that 100 per cent of that goes to a cause. “There is a lot of money in this industry and there is a lot more that we need to do to increase diversity, improve access and create more opportunities for people who don’t have an opportunity to get into a sport like this. “That is the only way they will get that money from me.” Hamilton also accused the FIA of “poor communication” following the governing body questioning his status as “a role model” after he walked across the track at the previous round in Qatar. If they are going to fine us one million euros, let's makes sure that 100 per cent of that goes to a cause Lewis Hamilton Hamilton, 38, was fined £43,350 – half of which is suspended for the remainder of the season – in the hours after the race on October 8 in which he crossed the circuit following a first-corner crash with Mercedes team-mate George Russell. But seven days after the incident in Lusail, and in a largely unprecedented move, the FIA said Hamilton’s actions are under review. A spokesperson for the governing body said: “In view of Lewis Hamilton’s role model status, the FIA is concerned about the impression his actions may have created on younger drivers.” It is understood that the FIA is planning to meet with the seven-time world champion here in Austin. It is unlikely Hamilton will face additional penalties – with the FIA opting against taking the case to the International Court of Appeal to increase his fine – but harsher punishments could be handed out in the future for a similar infringement. “I don’t think I was singled out,” added Hamilton. “Ultimately, it was just poor communication. I don’t think what they said is what they meant. “They are looking into how they can tackle these things going forward to make sure it doesn’t happen again. “There was a karting incident where a kid was hit when he walked on to the track so we need to make sure we focus on safety and that was the root of it. But they need to speak to their PR agent to do a better job. “Their actual point is important. When I sat in the stewards’ office I put my hands up and acknowledged that in the heat of the moment it was the wrong decision. I apologised at the time.” Read More Daniel Ricciardo ready for AlphaTauri return at United States Grand Prix On this day in 2009: Jenson Button crowned Formula One world champion in Brazil FIA to review Qatar GP as ‘dangerous’ temperatures prompt driver complaints Lewis Hamilton and George Russell vent anger on radio after collision in Qatar Lewis Hamilton crashes out after first-corner collision with George Russell In his own words: Christian Horner on world champion Max Verstappen
2023-10-20 14:49

Travis King: Soldier who fled to North Korea 'charged back in US'
Charges against Travis King reportedly include desertion and possessing sexual images of a child.
2023-10-20 14:18

Daniel Ricciardo must prove he still belongs on the F1 grid
For a man handed a lifeline in Formula One – with an illustrious Red Bull-shaped reward beckoning down the line – it has not quite been the statement return Daniel Ricciardo envisaged back in July. What did that look like? Top-10 finishes with AlphaTauri, perhaps with a memorable overtake or two evoking the Ricciardo of old back onto the grid. But it has in fact been the complete opposite: the only return has been his return to inactivity. Two races in and a hand injury sustained in practice in Zandvoort, north Holland, back in August has seen the affable Australian feature only on the sidelines again. A seesaw seven weeks have followed: while on one hand confirmation of a seat on the grid in 2024 was, rather peculiarly, confirmed in his absence in Japan, his deputy Liam Lawson caught the eye with a string of impressive performances, including a team-best result of ninth in Singapore. So as Ricciardo struts back into the paddock this weekend in Austin, the broken bone in his hand healed, the pressure is firmly on the 34-year-old’s shoulders at his home from home. Affection works hand in hand with Ricciardo and the United States: he loves America, Americans love him. Last year, weeks after his McLaren exit was announced, the sport’s most cheerful character arrived at the Circuit of the Americas (COTA) on horseback, kitted out in full cowboy apparel. Given his injury hiatus, you’d think no such extravagant entries will be repeated this year. But what he has got back in his hands, as opposed to 12 months ago, is his Formula One destiny. Perhaps fortuitously, too. When Ricciardo left Red Bull for pastures new at the end of 2018, his aspiration was that the grass was greener. Now five years on he is back at Christian Horner’s team, first as a reserve and now at the sister team. A second bite alongside Max Verstappen is what he truly craves. And he has made no secret of that. “Daniel is viewing AlphaTauri… he firmly wants to be pitching for that 2025 Red Bull seat,” said Horner back in July. “That is his goal and objective and, by going to AlphaTauri, I think he sees that as his best route of stating his case for 2025.” And with talk of Sergio Perez’s seat being under threat at Red Bull amid his struggles, there is a feasible route back to the top-table for Ricciardo. Red Bull chief Helmut Marko has already hinted the Mexican’s future seemingly lies away from Red Bull: most probably in a year, perhaps even as early as before next season. But before heading off any top contenders outside the Red Bull mothership, the Australian first has to prove his worth amid the in-house competition. Given Nyck de Vries’s rapid promotion to a seat after just one race last year, Lawson can feel hard done by that his impressive five-race showing – 13th, 11th, 9th, 11th, 17th – in this year’s slowest car hasn’t landed him a seat in 2024. So Ricciardo needs to better Lawson’s two points in the final five races of this season. He also needs to get the better of his teammate, Yuki Tsunoda, who has earned just three 10th-place finishes in 17 races this year. That is the minimum. But back stateside, it is the on-track magic and overtaking propensity of near-enough 10 years ago which will catapult him into Red Bull’s second seat conversation. That will be the key, as opposed to any off-track endeavours or kind words with sponsors. F1 world champion of 1997, Jacques Villeneuve, is quoted as saying this week: “I would ask kids who want to be drivers today – do you want it out of passion or because you want to be like Daniel Ricciardo, smiling in commercials?” While a tad harsh – best to smile than frown, no? – it does point to a school of thought that Ricciardo’s charisma is now a bigger pull than his talent. For any driver of any age, that is the ultimate insult. All of them are fundamentally in F1 to race, to scrap for every point and to jockey for every position. Even Ricciardo, who has endured the worst two years of his career since his anomaly of a win at Monza in 2021, remains adamant his world-class skillset is still present. His ambitions, so told to The Independentin July, remain the highest of highs: race wins and even a world championship. But Ricciardo must grasp the opportunity simply having a seat in this 20-driver sport gives and it starts with the cut-and-thrust of the sprint weekend at COTA. Nobody is expecting wins or podiums in the slowest car. But what people do expect is progress – and glimpses of the man of yesteryear. Read More What is a sprint race in F1 and how does new qualifying shootout work? What time is qualifying at the US Grand Prix on Friday? Sergio Perez addresses Red Bull future McLaren confirm first female driver in development programme Daniel Ricciardo to make F1 return at US Grand Prix Netflix reveal star line-up for F1 Drive to Survive vs Full Swing golf match
2023-10-20 14:16

Residents leave as tension grows at Israel-Lebanon border
Fears fighting could erupt between Hezbollah and Israel are seeing communities on both sides evacuate.
2023-10-20 13:47

Israel Latest: US, Saudi Defense Chiefs Discuss Middle East
US Secretary of Defense Lloyd Austin and Saudi Defense Minister Khalid bin Salman held talks by telephone to
2023-10-20 11:55

Niger junta say ousted president Mohamed Bazoum tried to escape
Mohamed Bazoum tried to flee in the night with his family, cooks and security, the military say.
2023-10-20 11:21

Israel Gaza: Community frozen as Hamas atrocities continue to emerge
Israeli communities are struggling as bodies continue to be found after Hamas attacked on 7 October.
2023-10-20 10:57

Rempang Eco-City: 'We will not leave', say the islanders fighting eviction
Fishing communities on this Indonesian island are locked in a battle with the government over land.
2023-10-20 08:54