The Basque government is raising €500 million ($577 million) from bonds to support the Spanish region’s industrial investment strategy. The notes, due in October 2035, are being marketed at a spread of about 9 basis points over Spanish government bonds, according to a person familiar with the matter who asked not to be identified discussing private information. The deal is expected to price later ...
The Basque government is raising €500 million ($577 million) from bonds to support the Spanish region’s industrial investment strategy. The notes, due in October 2035, are being marketed at a spread of about 9 basis points over Spanish government bonds, according to a person familiar with the matter who asked not to be identified discussing private information. The deal is expected to price later on Tuesday. The bond issue is part of the region’s Industrial Strategy 2030 and Financial Alliance’s plan to borrow €1 billion from bonds and bilateral loans, alongside a goal of attracting €3 billion of private investment, officials from the Basque finance department said at a briefing. The regional government operates differently to other parts of Spain as per an agreement to collect tax revenue and manage its own funds, known as the Concierto Económico. It pays an agreed amount to the national government in Madrid, the Cupo. Thanks to its ring-fenced finances, the region has credit ratings of A2, AA- and A+, at Moody’s, S&P and Fitch, a level higher than those of Spain. The Basque government typically raises a sustainable bond about once a year. Tuesday’s deal is additional to its regular funding, the finance team said. The region’s most recent issue, of April 2036 notes, priced in January at a yield of 4 basis points more than Spanish government bonds. Banco Bilbao Vizcaya Argentaria SA and Kutxabank SA will act as global coordinators, along with Banco de Sabadell SA, CaixaBank SA, Deutsche Bank AG, ING Groep NV and Banco Santander SA as bookrunners.
James Bidgood’s experimental DIY movie, first released in 1971, starred Bobby Kendall and was shot mostly in Bidgood’s own apartment James Bidgood’s experimental homoerotic reverie is now reissued in restored form. The film was shot mostly in Bidgood’s own New York apartment throughout the 1960s; it was finally released in 1971 with Bidgood’s name removed from the credits after an opaque dispute w...
James Bidgood’s experimental DIY movie, first released in 1971, starred Bobby Kendall and was shot mostly in Bidgood’s own apartment James Bidgood’s experimental homoerotic reverie is now reissued in restored form. The film was shot mostly in Bidgood’s own New York apartment throughout the 1960s; it was finally released in 1971 with Bidgood’s name removed from the credits after an opaque dispute with his backers and his authorship only revealed 20 years later. Pink Narcissus is a movie of garish colour, mute melodrama and dreamlike imagery which mimics early cinema, perhaps simply because the resources for recording lip-sync dialogue were not available. (The director says that Powell and Pressburger’s Red Shoes was an inspiration although the title alludes more to their nun melodrama Black Narcissus.) It interestingly merges its rather pastoral fantasies with the urban circumstances where these would be consumed – the city’s movie theatres, outside which poverty and alienation were commonplace. Some of the most interesting and successful parts of the piece are the radio soundscapes and the modelled neon skylines. Continue reading...
What does it mean to push the boat out, and can peacocking be more than just a beautiful gesture? A friend’s mother once told me that for a couple of years in the 1980s – as the Conservatives were waging war on the miners and she spent late nights at Marxist-feminist reading groups – she wore an almost daily uniform of jeans and a white T-shirt. On her wedding day she broke with habit and put on a...
What does it mean to push the boat out, and can peacocking be more than just a beautiful gesture? A friend’s mother once told me that for a couple of years in the 1980s – as the Conservatives were waging war on the miners and she spent late nights at Marxist-feminist reading groups – she wore an almost daily uniform of jeans and a white T-shirt. On her wedding day she broke with habit and put on a dress she had bought, at great expense to her, that was fun, sexy and, although she didn’t use this word, flamboyant. The next week at the school she taught in she saw a colleague wearing it. “Nice dress,” she said. “It’s OK for work,” her colleague replied, “but I wouldn’t wear it out .” I found myself recalling this anecdote as I read Jack Parlett’s memoir-cum-cultural history of our attempts to push the boat out. To make any effort is to risk embarrassment, to be seen either as ridiculous or hopelessly naive. One way to avoid those charges is to use playful or cynical irony. Parlett finds examples of this in Oscar Wilde and what the cultural critic Susan Sontag once described as camp, a worldview obsessed with artifice and performance. Although Flamboyance is not a polemic, it’s clear that its author sees something lacking in these efforts at self-fashioning. The book is couched as an alternative; Parlett presents flamboyance as a model for how to live a life that not only “burns with a resistant energy” but “puts politics back into the picture”. In practice, this means that he has little patience for the notion of art for art’s sake; he insists, for example, that there is no making sense of flamenco without understanding the history of fascism in Spain. Continue reading...
Nigeria has struggled to contain bandit groups who kidnap and kill but some communities are finding their own solutions In the 1980s, Dayyabu Abba-Kurfi’s striking prowess for his high school football club in north-west Nigeria earned him the unlikely nickname Doncaster, after the English third-tier side more than 3,800 miles away. More than four decades later, in August last year, he scored perha...
Nigeria has struggled to contain bandit groups who kidnap and kill but some communities are finding their own solutions In the 1980s, Dayyabu Abba-Kurfi’s striking prowess for his high school football club in north-west Nigeria earned him the unlikely nickname Doncaster, after the English third-tier side more than 3,800 miles away. More than four decades later, in August last year, he scored perhaps his most important goal, brokering a peace pact between his neighbours in Kurfi, in Katsina state, and the bandit gangs terrorising communities there. “For months now, we have experienced relative calm … our people are rebuilding their livelihoods,” the 60-year-old civil servant and local politician said. Continue reading...
JPMorgan Chase leads 65 banks making decisions incompatible with restraining rising temperatures, researchers say The world’s largest banks committed $906bn in financing to the fossil fuel industry last year, an “unfathomable” increase in investment locking in years more of coal, oil and gas production as the world continues to overheat, a new report has found. The surge in new fossil fuel lending...
JPMorgan Chase leads 65 banks making decisions incompatible with restraining rising temperatures, researchers say The world’s largest banks committed $906bn in financing to the fossil fuel industry last year, an “unfathomable” increase in investment locking in years more of coal, oil and gas production as the world continues to overheat, a new report has found. The surge in new fossil fuel lending, up $64bn or nearly 8% on 2024, shows that the world’s largest 65 banks are making decisions incompatible with international agreements to restrain rising global temperatures, according to the coalition of environmental groups behind the new analysis . Continue reading...
Medical Protection Society calls for law to be overhauled to help medics avoid liability for errors made by technology Doctors and the NHS could be sued for medical negligence over mistakes made by artificial intelligence tools used in diagnosing patients and suggesting their treatment, ministers are being warned. Under the law as it stands, medics and the health service can be held liable for pat...
Medical Protection Society calls for law to be overhauled to help medics avoid liability for errors made by technology Doctors and the NHS could be sued for medical negligence over mistakes made by artificial intelligence tools used in diagnosing patients and suggesting their treatment, ministers are being warned. Under the law as it stands, medics and the health service can be held liable for patients being harmed or dying even if it was AI that made the errors that resulted in their suffering. Continue reading...
Inside a metal shell being hurled from a standstill to a speed many times faster than sound, the pressure could be as high as an elephant standing on every square inch of a human body. To make matters worse, an invisible, violent magnetic storm is raging through its path. This is the world inside an electromagnetic rail gun. For decades, this has been the nightmare that kept weapons engineers awak...
Inside a metal shell being hurled from a standstill to a speed many times faster than sound, the pressure could be as high as an elephant standing on every square inch of a human body. To make matters worse, an invisible, violent magnetic storm is raging through its path. This is the world inside an electromagnetic rail gun. For decades, this has been the nightmare that kept weapons engineers awake. Their dream was to place a guidance chip inside a rail gun shell so it could steer itself to a...
Modern Technology Powers Higher-Quality Market Research from Verified BuyersBERLIN, June 09, 2026 (GLOBE NEWSWIRE) -- Numerator, a consumer data and technology company, today announced that its Verified Voices survey panel in Germany has surpassed 50,000 monthly active panelists. The milestone comes one year after launch in Germany and expands Numerator’s ability to help brands and retailers condu...
Modern Technology Powers Higher-Quality Market Research from Verified BuyersBERLIN, June 09, 2026 (GLOBE NEWSWIRE) -- Numerator, a consumer data and technology company, today announced that its Verified Voices survey panel in Germany has surpassed 50,000 monthly active panelists. The milestone comes one year after launch in Germany and expands Numerator’s ability to help brands and retailers conduct higher-quality market research with verified buyers. Verified Voices is Numerator’s on-demand res
Nokia and Indosat Ooredoo Hutchison collaborate to enhance Indonesia’s 5G network and unlock AI-enabled services Agreement supports low-and mid-band 5G rollout across Indosat’s network, serving customers nationwidePartnership accelerates new AI-driven services, digital experiences and sustainable growth across IndonesiaAI-ready 5G network will enable AI-RAN architecture and AI Grid deployment in c...
Nokia and Indosat Ooredoo Hutchison collaborate to enhance Indonesia’s 5G network and unlock AI-enabled services Agreement supports low-and mid-band 5G rollout across Indosat’s network, serving customers nationwidePartnership accelerates new AI-driven services, digital experiences and sustainable growth across IndonesiaAI-ready 5G network will enable AI-RAN architecture and AI Grid deployment in collaboration with NVIDIA, bringing AI and connectivity closer to every Indonesian Espoo, Finland – N
Ultra Clean (UCTT) offers exposure to one of the most important themes in technology today: the infrastructure components required to build the next generation of AI chips.
Ultra Clean (UCTT) offers exposure to one of the most important themes in technology today: the infrastructure components required to build the next generation of AI chips.
Ultra Clean (UCTT) offers exposure to one of the most important themes in technology today: the infrastructure components required to build the next generation of AI chips.
Ultra Clean (UCTT) offers exposure to one of the most important themes in technology today: the infrastructure components required to build the next generation of AI chips.