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US Cash Balance Falls Most Since March Amid Debt-Limit Standoff
US Cash Balance Falls Most Since March Amid Debt-Limit Standoff
The amount of money that the US government has on hand to pay its bills plummeted by $53
2023-05-17 20:48
China envoy, in Kyiv, eyes talks with Zelensky
China envoy, in Kyiv, eyes talks with Zelensky
President Volodymyr Zelensky was expected on Wednesday to receive a special envoy from China who arrived in Kyiv to promote Beijing-led negotiations to...
2023-05-17 20:26
At Cannes Film Festival, Johnny Depp says 'I have no further need for Hollywood'
At Cannes Film Festival, Johnny Depp says 'I have no further need for Hollywood'
Appearing at the Cannes Film Festival the day after premiering his first film in three years, Johnny Depp said Wednesday that he has “no further need” for Hollywood
2023-05-17 20:26
F1 live – latest as Max Verstappen reacts after Imola Grand Prix cancelled
F1 live – latest as Max Verstappen reacts after Imola Grand Prix cancelled
The 2023 Emilia-Romagna Grand Prix has been called off due to flooding at Imola. Heavy rain in the area forced Formula 1 personnel to be asked to leave the paddock on Tuesday, with race officials confirming the cancellation on Wednesday. Italian authorities had issued flood and landslide warnings as the rising level of water in the Santerno river, which runs close to the Autodromo Enzo e Dino Ferrari, threatened the circuit. While the paddock remained free from flooding on Wednesday morning, car parks and other areas nearby have been caught in the deluge as F1 staff were advised not to travel to Imola. And with heavy rain not expected to cease until Thursday, organisers were left with no choice but to call off the sixth race of the season. At least three people in the region of Emilia-Romagna have been killed in the flooding, with more than 5,000 evacuated from their homes. Ferrari said in a statement: "Our thoughts and sympathies are with the people of Emilia-Romagna and Marche as they deal with the destruction caused by the heavy rain and flooding currently affecting the area." After Max Verstappen’s dominant win in Miami, F1 season is now set to continue with the Monaco Grand Prix next weekend. Read More When is the next F1 race of the season? Red Bull chief takes swipe at Mercedes for trying to poach lead designer ‘Best driver in the world’ needs more than just a Formula One title, claims rival championship boss
2023-05-17 20:24
Crystal Palace considering Roy Hodgson contract extension
Crystal Palace considering Roy Hodgson contract extension
Crystal Palace are considering extending the contract of manager Roy Hodgson.
2023-05-17 20:21
Alonso to give Leverkusen fans 'a night to remember' against Roma
Alonso to give Leverkusen fans 'a night to remember' against Roma
Bayer Leverkusen manager Xabi Alonso said he wanted to give the team's fans something to remember for years in Thursday's Europa League semi-final second...
2023-05-17 20:20
Ecuadorian president dissolves National Assembly, puts end to impeachment proceedings
Ecuadorian president dissolves National Assembly, puts end to impeachment proceedings
Ecuadorian President Guillermo Lasso has put an end to impeachment proceedings against him by dissolving the opposition-led National Assembly which had accused him of embezzlement
2023-05-17 20:18
U.S. House Speaker McCarthy says he thinks U.S. will not default
U.S. House Speaker McCarthy says he thinks U.S. will not default
WASHINGTON (Reuters) -House Speaker Kevin McCarthy on Wednesday said he believed the United States will not default on its debt
2023-05-17 20:18
Ecuador president dissolves legislature, bringing elections forward
Ecuador president dissolves legislature, bringing elections forward
By Alexandra Valencia QUITO (Reuters) -Ecuador's President Guillermo Lasso dissolved the National Assembly in a decree on Wednesday, bringing forward
2023-05-17 20:16
Key Trump attorney departs legal team
Key Trump attorney departs legal team
Timothy Parlatore, an attorney for Donald Trump who played a key role in the Mar-a-Lago documents investigation and once testified before the grand jury, is leaving the former president's legal team, two sources familiar with the exit tell CNN.
2023-05-17 19:56
F1 Imola Grand Prix cancelled
F1 Imola Grand Prix cancelled
The Emilia Romagna Grand Prix this weekend has been cancelled due to adverse weather in the region, Formula 1 confirmed on Wednesday. The race at Imola, due to be round six of the 2023 F1 season, will now not take place due to flooding in the area and the risk of further downpours over the coming days. Persistent rain in the region saw the paddock at the circuit in northern Italy evacuated on Tuesday because of the risk of flooding – with teams and media told to stay away from the Autodromo Enzo e Dino Ferrari on Wednesday. Follow our live F1 news blog for latest updates Yet now the decision has been made, with emergency services and thousands of fans in mind, to call off the whole racing weekend due to take place from Friday to Sunday. An F1 press release read: “Following discussions between Formula 1, the President of the FIA, the competent authorities including the relevant Ministers, the President of the Automobile Club of Italy, the President of Emilia Romagna Region, the Mayor of the City and the promoter the decision has been taken not to proceed with the Grand Prix weekend in Imola. “The decision has been taken because it is not possible to safely hold the event for our fans, the teams and our personnel and it is the right and responsible thing to do given the situation faced by the towns and cities in the region. “It would not be right to put further pressure on the local authorities and emergency services at this difficult time. “The Formula 1 community wants to send its thoughts to the people and communities affected by the recent events in the Emilia-Romagna region. We also want to pay tribute to the work of the emergency services who are doing everything they can to help those in need.” Although the track is not yet under water, the surrounding area is struggling to cope with the extreme weather and the rain is forecast to continue on Wednesday. While the circuit has not been flooded, there are concerns over the safety of transporting spectators to and from the venue, and also having to divert emergency services to stage the race. F1 president Stefano Domenicali, who is from the region and is the former chief at Ferrari, said: “It is such a tragedy to see what has happened to Imola and Emilia Romagna, the town and region that I grew up in and my thoughts and prayers are with the victims of the flooding and the families and communities affected. “I want to express my gratitude and admiration for the incredible emergency services who are working tirelessly to help those who need help and alleviate the situation – they are heroes and the whole of Italy is proud on them. “The decision that has been taken is the right one for everyone in the local communities and the F1 family as we need to ensure safety and not create extra burden for the authorities while they deal with this very awful situation.” The Emilia Romagna region has been badly affected by torrential rain which caused extensive flooding, killing two people and forcing hundreds to be evacuated from their homes, earlier this month. The race in Imola was due to kick off F1’s first triple-header of the season, with races to follow on consecutive weekends in Monaco and Spain in the sport’s record 23-round campaign. FIA president Mohammed Ben Sulayem added: “My thoughts and those of the entire FIA family are with those affected by the terrible situation in the Emilia Romagna region. The safety of everyone involved and recovery efforts are the top priority at this time.” Red Bull’s Max Verstappen, who won last year’s race at Imola, holds a 14-point lead at the top of the drivers’ standings after five races. More to follow... Read More Imola Grand Prix LIVE: F1 bosses explain why race cancelled Flood waters rage outside Imola Grand Prix circuit as F1 race cancelled Where are Mercedes and Ferrari? Frankly, you don’t want to hear the answer Imola Grand Prix LIVE: F1 bosses explain why race cancelled
2023-05-17 19:55
What caused regional banks to fail? Senators blame excessive CEO pay
What caused regional banks to fail? Senators blame excessive CEO pay
US senators hammered former executives of recently collapsed Silicon Valley Bank and Signature Bank on Tuesday over their paychecks, sales of stock and bonus payouts as the financial institutions struggled to stay afloat.
2023-05-17 19:52
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