Asia Stocks Primed to Rise on Policy Rates Outlook: Markets Wrap
Asian equities were poised to climb as traders bet that slowing US inflation had minimized any risk of
2023-06-14 07:49
Discrimination bigger concern from AI than human extinction, says EU chief
The warning comes ahead of the European Parliament voting on rules to regulate artificial intelligence.
2023-06-14 07:26
Putin’s Economic Forum Puts Russia’s Isolation on Display
Vladimir Putin’s annual economic forum in St. Petersburg was a magnet for global politicians and investors until his
2023-06-14 02:48
Kenya rewards runner Kipyegon with $35,000 and house for breaking 2 world records
Distance runner Faith Kipyegon was given $35,000 and a house by Kenyan President William Ruto on Tuesday as a reward for breaking two world records in the space of a week. Kipyegon, who met with Ruto at the president's office, said she would now fulfill a promise she had made to buy her father a new car. The 29-year-old Kipyegon, a two-time Olympic champion in the 1,500 meters, set a new 1,500 world record in Florence, Italy on June 2 when she broke the eight-year-old mark set by Genzebe Dibaba of Ethiopia. Kipyegon became the first woman to go under 3 minutes, 50 seconds with her 3:49.11. She broke the 5,000 meters record last Friday at the Paris Diamond League meet by clocking 14:05.20, winning that race ahead of former world record-holder Letesenbet Gidey of Ethiopia. “Faith has made Kenya incredibly proud,” Ruto said. “She stands as a shining model of consistency, discipline, hard work, as well as family. Faith is a great Kenyan woman — a mother, a wife and a world champion rolled into one.” Ruto pledged that the Kenyan government will also give similar rewards to future world-record breakers. ___ More AP sports: https://apnews.com/hub/sports and https://twitter.com/AP_Sports Read More Ukraine war’s heaviest fight rages in east - follow live Charity boss speaks out over ‘traumatic’ encounter with royal aide
2023-06-14 01:59
Bond Market Decrees Inflation Readings Will Let Fed Skip Rate Hike in June
The bond market has higher conviction that the Federal Reserve will leave interest rates steady this week after
2023-06-14 00:56
Russia-Ukraine war live: Wagner boss warns Putin his army ‘may not stay in Ukraine’
Having taken the eastern Ukrainian city of Bakhmut after a months-long battle, Russia’s Wagner mercenary group founder Yevgeny Prigozhin said on Tuesday that he was “not sure” if Wagner would stay in Ukraine. Wagner mercenaries have previously been active in parts of Africa and the Middle East, with a few contracts remaining there. Last month, Prigozhin launched a scathing attack on Vladimir Putin‘s invasion strategy, claiming that Russia could face a revolution similar to 1917 and lose the war in Ukraine unless changes are made by Kremlin leadership. Meanwhile, Russia launched a “massive” attack overnight on the central Ukrainian city of Kryvyi Rih, killing at least ten people and wounding 28 others. “As of 1300 (1000 GMT) 10 people have been killed,” city mayor Oleksandr Vilkul said in a Telegram post, adding that another person was under the rubble and a further 28 were injured. At least 10 out of 14 cruise missiles and one out of four Iranian-made drones fired by Russia were downed by Ukraine’s air forces, the country’s top military command said. Read More How significant is the reported recapture of the first Ukrainian villages from Russia? Putin uses public holiday to laud patriotic feelings as support for troops in Ukraine Author pulls her own book from publication after backlash from Ukrainian fans
2023-06-13 21:48
Convicted Poker Player’s Son Sues Irish Lender AIB Over Fraudulent Conspiracy
AIB Group Plc, once tricked into lending a poker-playing fraudster £740 million ($930 million), is now being accused
2023-06-13 20:18
Trader Bunge to Buy Glencore-Backed Viterra for $8 Billion
US agribusiness Bunge Ltd. agreed to buy Glencore Plc-backed Viterra for $8.2 billion in stock and cash, creating
2023-06-13 19:48
Santander Cuts London Jobs, Moves More Equity Research to Spain
Banco Santander SA has closed down its UK-based equity research team as it shifts analysis of companies to
2023-06-13 19:46
Deutsche Bank’s DWS Promotes Female Executives as More Leave
Deutsche Bank AG’s investment arm DWS Group promoted several women to senior positions while others announced their departure,
2023-06-13 19:17
New BOE Rate Setter Greene Says Policymakers Should Focus on Medium Term
The Bank of England’s newest rate setter Megan Greene said policy makers were right to raise interest rates
2023-06-13 19:16
What happened in Silvio Berlusconi’s notorious ‘Bunga Bunga’ sex party scandal?
Silvio Berlusconi, Italy’s three-time prime minister, has died in Milan, aged 86. A conservative media impresario, AC Milan owner and sometime cruise ship crooner, Berlusconi dominated Italian politics and public life for almost 20 years as the leader of the centre-right Forza Italia party and its People of Freedom successor organisation, leading four governments over the course of three spells as PM stretching from 1994 to 2011. An obvious forerunner to Donald Trump, Berlusconi was a populist as well known for his outrageous remarks (often about other world leaders like Angela Merkel and Barack Obama) and his womanising as he was for his political leadership, with scandal never far behind him wherever he went. His final years in office in particular were marred by allegations of corruption and sordid tales of so-called “bunga bunga” sex parties being staged at his lavish Villa San Martino in Arcore on the outskirts of Milan. The parties first came to light in October 2010 when Berlusconi personally telephoned a police station to request that one Karima El Mahroug, a 17-year-old nightclub dancer from Morocco also known as “Ruby the Heart Stealer”, be released from custody after she was accused of stealing a 3,000 euro bracelet. Berlusconi incorrectly informed the officers he spoke to that the girl was the niece of former Egyptian president Hosni Mubarak in the hope of winning her freedom and preventing any further inquiry into her recent attendance at one of the decadent gatherings then occurring regularly at his home. Ms El Mahroug was duly released into the care of Berlusconi associate Nicole Minetti but, when prosecutors subsequently learned of his intervention on her behalf, an investigation was launched into their relationship given that she was underage. In an interview with prosecutor Antonio Sangermano soon after the police station episode, Ms El Mahroug claimed Berlusconi had sent a limousine to her home to bring her out to the villa for the first time on 14 February that year. “That evening Berlusconi explained to me that bunga bunga consisted of a harem that he copied from his friend [Libyan dictator Muammar] Gaddafi, in which the girls take their clothes off and have to provide physical pleasures,” she said, introducing the wider world to the phrase for the first time. Despite Berlusconi’s insistence that the events were not Roman orgies but simply “elegant dinners”, prosecutors eventually produced a list of 33 young women, primarily aspiring starlets hoping to exploit his influence and break into television via one of his channels, who said they had attended the gatherings and been paid for sex. Detailed accounts were also collected of the parties themselves, which typically consisted of green, white and red foods being served in honour of Italy’s tricolour flag, followed by a floorshow of costumed stripteases – with participants dressing up as nuns, nurses and policewomen or even public figures like Mr Obama or the Brazilian footballer Ronaldinho – after which Berlusconi would pick one of his guests to spend the night with, for which the woman in question would be amply rewarded with expensive gifts, from cash and jewellery to rent-free apartments. Berlusconi would finally be accused of abuse of office and paying for sex in with a minor over his relationship with Ms El Mahroug. The dancer insisted she had never slept with Berlusconi, telling a court: “It’s the first time in my life that a man has not tried to take me to bed. He behaved like a father, I swear.” He was initially found guilty in June 2013 and sentenced to seven years in jail but the verdict was overturned a year later by an appeals court, which ruled there was no proof he had known she was underage at the time of their encounter. Italy’s highest court confirmed his acquittal in 2015. But the disgraced PM was later returned to the dock in Rome, Siena and Milan after being accused of bribing witnesses to lie about the “bunga bunga” scandal, although he was subsequently cleared in each city, most recently in Milan in February 2023. Berlusconi celebrated that verdict earlier this year on Instagram, writing that it had ended years of “suffering, of mud and of incalculable political damage”. The parties would later be recreated in Italian director Paolo Sorrentino’s highly entertaining satire Loro (2018) in which Toni Servillo played the ageing Silvio Berlusconi. Read More Silvio Berlusconi: Former Italian PM plagued by tax fraud and ‘bunga bunga’ sex scandals dies aged 86 Silvio Berlusconi obituary: The bunga bunga party loving billionaire who was the king of comebacks Putin pays tribute to ‘dear friend’ Berlusconi Italian news presenter holds back tears as she announces Berlusconi’s death Farewell, Berlusconi – you showed Boris and Trump how it’s done Ivanka and Jared split over attending Trump 2024 launch – follow live Why was Donald Trump impeached twice during his first term? Four big lies Trump told during his 2024 presidential announcement
2023-06-13 18:58