Australia Opts for ‘Hawkish Hold,’ Keeps Door Ajar to More Hikes
Australia’s central bank kept its key interest rate unchanged as the board assesses the impact of its more
2023-07-04 14:53
UK Watchdog to Meet With Banks Over Rates for Savers, FT Says
The bosses of the biggest UK banks have been called to a meeting later this week with the
2023-07-04 14:21
Thai Parliament Picks Pro-Democracy Speaker as PM Vote Nears
Thailand’s newly-elected lawmakers endorsed the appointment of a veteran politician as the parliament speaker, marking another important milestone
2023-07-04 13:52
Credit Suisse Wealth Staff Told to Prep CVs for Management Roles
Credit Suisse has told its wealth staff to brush up on their resumes and personal development plans ahead
2023-07-04 13:29
UK Households Better Off as Savings Lift Blunts Mortgage Pain
UK household spending is holding up better than expected partly because returns on savings are rising faster than
2023-07-04 13:21
Nomura Puts More Money Into Struggling Joint Venture With Line
Nomura Holdings Inc. and Japanese messaging-app operator Line Corp. have invested an additional 3 billion yen ($21 million)
2023-07-04 12:54
Billionaire Winklevoss Outlines ‘Final Offer’ in Genesis Crypto Bankruptcy
Billionaire Cameron Winklevoss, co-founder of the Gemini Trust Co. crypto platform, outlined what he termed a “best and
2023-07-04 12:50
Hong Kong Aviation Recovery Is Coming Much Sooner Than Expected
Hong Kong’s aviation sector will recover to pre-pandemic levels by the end of 2024, three years sooner than
2023-07-04 12:17
Atlanta police academy targeted with ‘incendiary devices’
Police in Atlanta said multiple department motorcycles were set on fire at a training facility early on Saturday. The fire comes amid a high-profile battle over another planned police training facility in a forest on the outskirts of the Georgia city that environmental and racial justice activists have dubbed “Cop City”, though the fire set on Saturday was at a different police training site. The fire was first reported by WANF-TV. Investigators have not yet identified any suspect or motive in the case. They do, however, believe the fire was set intentionally. Atlanta Fire and Rescue Department firefighters who responded to the scene of the fire around 2.20am on Saturday morning found “incendiary devices” used to start the flames. According to an Atlanta Police statement provided to the Associated Press, the investigation into the cause of the fire is ongoing. Governor Brian Kemp, a strong supporter of the “Cop City” project, said in a statement that the fire was “outrageous”. “Those are the tactics of organized criminals, not protesters, and their supporters should ask themselves if they truly want to be associated with such radical and violent people,” Mr Kemp said. “Working with state, local, and federal law enforcement partners, we will find these criminals and bring them to justice.” Mr Kemp did not specify which “protesters” he was referring to, nor did he provide any context for linking protesters to the fire before any arrests in the case have been made. Tensions in Atlanta continue to run high over the construction of the training centre, which is expected to cost $90m and is being financed in part by the city. Opponents of the project argue that it will have disastrous environmental effects and lead to more militarised, racist policing in what is already the most-surveilled city in the country. The movement against the construction of the facility has grown following the law enforcement killing of activist Manuel Esteban Paez Terán at the site in January. Police said they fired on Terán in self-defence, though other protesters have rejected that claim. The investigation into that shooting also remains open. Read More Atlanta police training center opponents sue over delays in approving referendum Atlanta clerk sued for denying 'Stop Cop City' petition lets effort move forward
2023-07-04 12:16
At least four dead in mass shooting in Philadelphia
At least four were killed after a mass shootout on Monday evening in Philadelphia, according to reports. There were “multiple gunshot victims”, the Philadelphia Police Department said but didn’t reveal the identities or any further details about the victims. Reports said that at least eight people were shot. Six victims were taken to the Penn Presbyterian Medical Center and two were taken to the Children’s Hospital of Philadelphia, according to local reports. There was no information available regarding the condition of the injured. The shooting took place on the 5700 block of Warrington Avenue in Philadelphia’s Kingsessing neighbourhood at around 8.30pm local time, police said. The Philadephia Inquirer reported that the bodies of four victims were found at several locations. Police spokesperson Miguel Torres said in a statement to CNN that officers have taken a suspect into custody and recovered a rifle, a handgun, and additional magazines of ammunition from him in the alleyway behind the 1600 block of South Frazier Street. At least two juveniles were among those shot, according to local reports. According to Gun Violence Archive, at least 339 mass shootings – with four or more killed or injured – have occurred in the US so far this year. “Horrified by the reports of a shooting in Southwest Philadelphia,” Philadelphia mayor Jim Kenney tweeted. “My heart is with the loved ones and families of everyone involved, and I send my prayers to the victims. This devastating violence must stop,” he added. Meanwhile, police said that officers did not discharge their firearms during the arrest.
2023-07-04 11:57
What happened to the tourist accused of carving his name into Rome Colosseum wall?
The British tourist who attracted outrage in Rome after being accused of carving his name into the Colosseum walls with a key is facing up to five years in prison and a €15,000 (£12,850) fine. The man – identified as Ivan Dimitrov, a 27-year-old fitness instructor and delivery driver resident in Bristol but originally from Bulgaria – was visiting Italy’s Eternal City with his girlfriend Hayley Bracey when he was filmed scratching “Ivan + Hayley 23” into the ancient stone walls of the 2,000-year-old amphitheatre. The venue, a protected Unesco World Heritage site, was constructed during the reigns of the emperors Vespasian and Titus in the first century AD. It attracted the Roman public to see spectacular gladiatorial bouts, historical reenactments and parades of exotic wild animals imported from Africa and the Middle East, including elephants, rhinoceroses, giraffes, lions, leopards, panthers and ostriches. The act of vandalism was caught on camera by another visitor, Californian Ryan Lutz, who was incensed by the incident and asked “Are you serious, man?”. He then uploaded the footage to YouTube under the title “A****** tourist carves name in Colosseum in Rome”, where it promptly went viral. The Italian Carabinieri responded to the video and quickly identified Mr Dimitrov as their suspect, with Major Roberto Martina telling the media he had expressed “sincere remorse” for his actions when confronted. “He told us he was very upset by what he had done, and he kept apologising for it,” Major Martina told Mail Online. “I think he was worried about the consequences of any trial and we explained that he could be jailed for between two and five years and be fined up to €15,000,” he said. The major went on to say he believed the case would be reasonably straightforward to prosecute because of the video evidence. “He had contacted us after we secured his mobile telephone from hotel records and left a message for him to call us,” Major Martina said of the Carabineri’s investigation. “He was naturally worried about the legal implications, and these were all explained to him. “We didn’t ask him why he did it, that will be for a judge to hear, we just told him that he was a suspect and was part of the investigation.” The officer added that Ms Bracey “is not part of any complaint so is an innocent party as far as we are concerned”, adding: “Although technically, she could be seen as an accessory.” Italian culture minister Gennaro Sangiuliano thanked the police for identifying the suspect of the “uncivilised and absurd act committed at the Colosseum”. “It was an act that offended those around the world who appreciate the value of archaeology, monuments and history,” he said. “Now I hope justice will take its course by rigorously applying the laws.” This is not the first such incident at the Colosseum. A Russian tourist was given a suspended four-year jail sentence and fined €20,000 (£17,000) in 2014 for engraving a “K” on its walls. The following year, two American tourists were also cited for aggravated damage after they likewise carved their names into its stones. Read More British tourist who carved name into Colosseum begs for forgiveness Tourist accused of vandalising Colosseum in Rome could face trial and up to five years in prison Tourist who carved name into Rome’s Colosseum ‘is British fitness trainer’ What happened to the tourist accused of carving his name into Rome’s Colosseum? Tourist who carved name into Colosseum begs for forgiveness Tourist who carved name into Rome’s Colosseum ‘is British fitness trainer’
2023-07-04 11:53
Double-Digit Gains Suggest Turning Point for Sri Lanka Markets
Investors are betting that Sri Lanka’s local debt and equities will see a significant upside, when markets reopen
2023-07-04 10:52
