For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Banks suffered another poor session on Friday as Deutsche Bank became the latest financial firm to start putting traders on edge. Europe’s biggest markets all dropped in value as uncertainty once again rippled through. It came after particular worries about Deutsche Bank caused shares to drop by more than 14% before midday on Friday and credit default swaps – which are used by Deutsche’s bondholders as insurance should it fail – soared. Shares in the company reduced their losses slightly as investors suggested another Credit Suisse scenario was not of the horizon, but sentiment remained dented. Chris Beauchamp, chief market analyst at IG, said: “It looks like the banking crisis isn’t solved. Recommended Charity boss speaks out over ‘traumatic’ encounter with royal aide … [Read more...] about Banks drag European markets lower amid Deutsche Bank woes
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Leaked Speech Excerpts Show a Hillary Clinton at Ease With Wall Street
In lucrative paid speeches that Hillary Clinton delivered to elite financial firms but refused to disclose to the public, she displayed an easy comfort with titans of business, embraced unfettered international trade and praised a budget-balancing plan that would have required cuts to Social Security, according to documents posted online Friday by WikiLeaks. The tone and language of the excerpts clash with the fiery liberal approach she used later in her bitter primary battle with Senator Bernie Sanders of Vermont and could have undermined her candidacy had they become public. Mrs. Clinton comes across less as a firebrand than as a technocrat at home with her powerful audience, willing to be critical of large financial institutions but more inclined to view them as partners in restoring the country’s economic health. In the excerpts from her paid speeches to financial institutions and corporate audiences, Mrs. Clinton said she dreamed of “open trade and open borders” throughout … [Read more...] about Leaked Speech Excerpts Show a Hillary Clinton at Ease With Wall Street
Victoria Beckham sells jumper full of holes for £650 – and it’s already sold out
Holey Moley! Fashion designer Victoria Beckham’s new jumper is not exactly a winter warmer – but it’s selling like hot cakes for £650. The pully is perforated with four rows of diamond-shaped holes, which might not be practical but, according to Posh Spice, they’re a “key” look. Her website says: “Hand stitched cutouts, made by pinching and finishing two ribbed edges together, were a key detail in the Autumn Winter 2020 show. “Here, they create a three-dimensional, textured argyle motif. “Based on an iconic, signature cut from the VB archive that’s been re-imagined and updated, the jumper is knit in a strong 2x3 rib that naturally creates a fitted silhouette.” The model poses in the jumper, complete with especially removed diamond-shaped segments But one customer who browsed the range said: “I’d think twice before going out in that, especially in October.” Despite the hefty price tag, one size of the jumper, that comes in khaki or navy, has already sold out. Another … [Read more...] about Victoria Beckham sells jumper full of holes for £650 – and it’s already sold out
UK: Man Bludgeoned to Death with Horseshoe After Boombox Argument
A 24-year-old man was bludgeoned to death with a horseshoe after arguing with a group of people playing a boombox on an Elizabeth Line train from London. Thomas Parker, his brother 27-year-old Craig Parker, and two friends got into an argument with 42-year-old Kirkpatrick Virgo and two others while taking the train from London, where they had been watching a football match, back home to Reading. Craig Parker had asked one of Virgo’s companions to turn down music said to be blaring loudly from a boombox, leading to a verbal altercation in which Virgo allegedly demanded “Do you want to die tonight?” and called the elder Parker a “batty boy” — a slur for a homosexual male. Off-duty police officers intervened to deescalate the argument between the groups on two separate occasions, but left the train believing the matter was settled — despite one of Virgo’s group having allegedly warned the Parkers: “Watch what happens when you get off this train.” Sure enough, CCTV footage … [Read more...] about UK: Man Bludgeoned to Death with Horseshoe After Boombox Argument
Teachers press school safety at Colorado Capitol in wake of East High shooting
Colorado teachers flooded into the state Capitol Friday to press for better protections for students and school staff after a 17-year-old Denver student shot two administrators , fled to the mountains and killed himself. Roughly 1,500 teachers and their supporters called for improved school security, more mental health support and tighter gun control measures, adding to pressure on lawmakers a day after students and parents converged at the Capitol to make similar demands. School shootings are becoming increasingly frequent in the U.S., and teachers at the rally voiced the fears they feel during safety lockdowns that are now regular occurrences. They also raised questions about the circumstances surrounding Wednesday’s shooting at East High School, which came as the boy was being patted down for weapons, a daily requirement because of his behavioral issues including a pending firearm charge , according to school officials. Some East High School teachers at Friday’s … [Read more...] about Teachers press school safety at Colorado Capitol in wake of East High shooting