Powell Says Two or More Hikes Likely Needed to Cool Inflation
Federal Reserve Chair Jerome Powell said at least two interest-rate increases are likely necessary this year to bring
2023-06-29 14:55
New Zealand passes law guaranteeing bank deposits up to NZ$100,000
SYDNEY New Zealand passed a law on Thursday guaranteeing bank deposits up to NZ$100,000 ($60,770), a move it
2023-06-29 14:55
Big China Stimulus Isn’t Coming, Former IMF Official Says
China will likely disappoint those hoping the government will roll out massive stimulus to shore up the weakening
2023-06-29 14:52
Fed's Powell: Most US policymakers see two or more rate hikes ahead
With U.S. inflation well above the Federal Reserve's 2% goal and a labor market that's still very tight,
2023-06-29 14:51
US court approves Cineworld's restructuring plan
British cinema chain operator Cineworld Group said on Wednesday that a U.S. court had approved its debt restructuring
2023-06-29 14:49
Trump news – live: Trump gives ‘bravado’ defence for classified documents tape as he sues E Jean Carroll
Donald Trump is now suing E Jean Carroll for defamation, one month after he was found liable for sexually abusing her in a Manhattan department store and then defaming her by denying the attack took place. The former president filed a counterclaim on Tuesday claiming that she defamed him when she stood by her rape accusation in an interview with CNN one day after the jury verdict. The counterclaim was in response to the first of two lawsuits the magazine columnist brought against Mr Trump. In a civil trial in the second lawsuit last month, a jury awarded Ms Carroll $5m in damages. Meanwhile, Rudy Giuliani has confirmed that he recently spoke to federal investigators as part of their probe into efforts to overturn the 2020 election results. Mr Giuliani, the former New York City mayor, was part of Mr Trump’s legal team who made false claims of election fraud. In other news relating to the former president’s legal troubles, Mr Trump’s new defence regarding the recording of him talking about classified military plans at his Bedminster golf club in 2021 was that it was “bravado” and there were no secret papers present among his other documents. Read More Kevin McCarthy knows he crossed the line with Donald Trump Trump's GOP support dips slightly after his indictment over classified documents, AP-NORC poll finds ‘Any Republican not named Trump’: Paul Ryan says former president is only candidate who would lose to Biden
2023-06-29 14:49
UK Bond Trading Is Surging as Wealthy Brits Grab Tax-Free Gilts
Wealthy UK investors are buying up gilts at a frenetic pace to take advantage of tax perks and
2023-06-29 14:30
Ireland's domestic economy to remain robust, predicts think tank
But there are risks to the economy, including high core inflation and signs of a weakening export market.
2023-06-29 14:15
What the hell is Scandinavian food?
Danish pastries are world-famous, but what do you know about the rest of Scandinavian cuisine? With a food philosophy that centres around seasonal produce, perhaps the Scandi approach to cooking is the way forward when considering the environment and the cost-of-living crisis. “It’s very seasonal, lots of vegetables and very clean flavours,” Copenhagen-based chef and food writer Trine Hahnemann says of Danish cuisine. “So salt, pepper, nutmeg; salt, pepper, lemon; salt, pepper, vinegar – it’s not bland at all, we use spices, but we use them one at a time.” Hahnemann, 58, says this emphasis on seasonality helps save money. “It becomes too expensive to buy vegetables that are out of season, that are shipped or whatever,” she explains – but she’s all to aware that the Danish food scene is a bit of a paradox. She mentions produce “that have become everyday things, which people eat every day – like cucumbers, tomatoes and bananas. You can’t convince people there’s also a season for bananas – it’s year round, all the time. They’re the biggest fruit in Denmark”. This doesn’t stop Hahnemann advocating for eating the seasons – which in Denmark means you might be limited to root vegetables and potatoes in the winter. This isn’t necessarily a bad thing, particularly as we’re now coming into summer and there’s a glut of fruit and vegetables available. Summer cabbage, radish, fennel, tomatoes, cucumbers, courgettes, strawberries, tomatoes – they’re all in her shopping basket during this time of year. Hahnemann is a salad fan, and she’s devoted a whole section of her new cookbook, Simply Scandinavian, to them. The chef argues people “don’t take [salads] seriously enough” – and opening a bag from the supermarket won’t quite cut it. “Buy a few vegetables, bake them nicely in the oven with either lemon juice and a little bit of a spice of some kind – it could be garam masala, it could be garlic – then always have a nice dressing. Spend some money on some good oils or good vinegars, because that’s where the flavours are. “Then think about texture… Texture means a lot when we eat.” The moral of the story? “Salads are amazing, because there are no rules – anything can become a salad,” she says. Hahnemann learned traditional Scandinavian cooking from her grandmother, saying: “My favourite dish when I was little that my grandmother would cook for me was meatballs with the cucumber salad.” Her grandma ever explicitly taught her how to make this dish – Hahnemann was instructed to help out, and eventually learned classic Danish recipes through osmosis. “It was much later in my 20s I realised what an amazing gift she’d given me without ever asking if I wanted to be involved – because I was involved, but I was never asked to be part of the cooking. I just saw it all tasted it,” Hahnemann says. Not that feeding Hahnemann was much of a chore: “When I was a child I loved everything. The only thing I didn’t like was a well-done omelette, that was the only thing I couldn’t eat when I was little.” Hahnemann’s grandmother also taught her how to bake, drawing upon the traditional recipes Denmark is famous for. As a child, she practised baking while living on a commune with her parents in the Sixties and Seventies. “There was this idea that children, their creativity should be nurtured, you shouldn’t put limits on things. So I baked all these horrible cakes and the grown-ups would eat them and say, ‘Oh, it’s wonderful Trine’ – and it was nothing like that,” Hahnemann remembers with a laugh. It was only when someone in the commune started giving her tips on beating the butter and sugar before adding the rest of the ingredients that “all of a sudden this world opened up to me about baking”. Hahnemann still uses baking as a tool when she’s “really stressed out”, and has a bakery in Copenhagen putting the spotlight on traditional Scandinavian bakes like cardamom buns and rye bread. She says baking is “the most important thing” about Scandinavian cuisine. “Because of the rye bread, and the whole lunch concept of open sandwiches on the rye bread. The whole breakfast is about bread, then you have all the celebratory baked goods – that you can say we now eat on a more regular basis.” While Hahnemann accepts some “traditions are disappearing, because everybody’s working so much”, she’s keen to keep the spotlight on traditional buns, breads and baking. When she recently taught a baking class, she was “so happy” to have a group of male friends in their 20s sign up, saying: “I think it’s important to keep it alive.” ‘Simply Scandinavian’ by Trine Hahnemann (Quadrille, £27).
2023-06-29 13:58
BlackRock, Schroders Hunt China Deals in Growing Private Markets
Global fund managers building out private markets activities in China are finding lucrative opportunities to deploy capital even
2023-06-29 13:54
Manipur: Rahul Gandhi to tour India state rocked by ethnic unrest
Opposition Congress MP Rahul Gandhi is due to meet people displaced by Manipur violence.
2023-06-29 13:50
Renault Raises Outlook on New Vehicles, Drive to Cut Costs
Renault SA upgraded its full-year earnings guidance, thanks to strong sales momentum from some new models like the
2023-06-29 13:49
