States have many policies to stop risky older drivers from renewing their licenses. But in practice, it's often adult children who must decide when to take the car keys away from an aging parent. (Image credit: Joel Rose)
States have many policies to stop risky older drivers from renewing their licenses. But in practice, it's often adult children who must decide when to take the car keys away from an aging parent. (Image credit: Joel Rose)
Denmark's prime minister called early parliamentary elections after gaining a popularity boost from standing up to President Trump over his threat to seize Greenland. (Image credit: Rob Schmitz)
Denmark's prime minister called early parliamentary elections after gaining a popularity boost from standing up to President Trump over his threat to seize Greenland. (Image credit: Rob Schmitz)
The F-14 was made famous in Top Gun . The U.S. sold the planes to Iran in the 1970s, only for the two countries to become enemies. Iran kept its F-14s flying for decades in the face of U.S. sanctions. (Image credit: U.S. Navy)
The F-14 was made famous in Top Gun . The U.S. sold the planes to Iran in the 1970s, only for the two countries to become enemies. Iran kept its F-14s flying for decades in the face of U.S. sanctions. (Image credit: U.S. Navy)
Local leaders report already-strapped police departments racked up overtime bills in the millions while others report a multi-million dollar hit to business during the worst ICE surges.
Local leaders report already-strapped police departments racked up overtime bills in the millions while others report a multi-million dollar hit to business during the worst ICE surges.
Private-sector activity in the euro area rose at the slowest pace since last May as the Iran war stokes inflation while endangering a nascent economic recovery. The Composite Purchasing Managers’ Index compiled by S&P Global dropped to 50.5 in March from 51.9 the previous month, though held above the 50 threshold separating growth from contraction. Analysts had predicted a dip to 51. Germany , the...
Private-sector activity in the euro area rose at the slowest pace since last May as the Iran war stokes inflation while endangering a nascent economic recovery. The Composite Purchasing Managers’ Index compiled by S&P Global dropped to 50.5 in March from 51.9 the previous month, though held above the 50 threshold separating growth from contraction. Analysts had predicted a dip to 51. Germany , the region’s biggest economy, saw its composite reading slip more than anticipated while also staying above 50. France fared worse, recording a third straight month below that level. Services were the weak point in each case, with manufacturers outperforming. “The flash Eurozone PMI is ringing stagflation alarm bells as the war in the Middle East drives prices sharply higher while stifling growth,” Chris Williamson , chief business economist at S&P Global Market Intelligence, said Tuesday in a statement. “Firms’ costs are rising at the fastest rate for over three years amid the surge in energy prices and choking of supply chains resulting from the war.” The fighting in the Middle East is jeopardizing what was already only modest economic growth, with markets betting that higher interest rates will be needed to quell a renewed spike in inflation. Hope remains that the conflict will end soon, but investor sentiment is plunging on signs of lasting damage to oil and natural gas infrastructure. The European Central Bank is in wait-and-see mode, mindful that Donald Trump could change tack at short notice. But officials aren’t ruling out a hike in borrowing costs as soon as their next policy meeting in April, according to people familiar with the matter. Germany’s 10-year yield was little-changed after the data at about 3% and the euro held losses, down 0.2% at $1.1593. Money markets are adding to wagers on monetary tightening , with about 70 basis points priced by year-end. ECB Must Be Vigilant in Face of Stagflation Risks, Vujcic Says EU Leaders Face Multi-Year Energy Squeeze After...
SpaceX appears to be targeting an initial public offering (IPO) this year. Some analysts believe the IPO could be announced any day now. And while figures vary, experts agree that the company will likely be targeting a valuation between $1 trillion and $1.75 trillion, with as much as $50 billion in fresh capital raised from the sale. This could be the most exciting IPO in years thanks to two facto...
SpaceX appears to be targeting an initial public offering (IPO) this year. Some analysts believe the IPO could be announced any day now. And while figures vary, experts agree that the company will likely be targeting a valuation between $1 trillion and $1.75 trillion, with as much as $50 billion in fresh capital raised from the sale. This could be the most exciting IPO in years thanks to two factors in particular. Image source: Getty Images. Continue reading
Iceland Strips Father Of Custody After Questioning Gender Transitioning Of His Minor Child Authored by Jonathan Turley, We just discussed the horrifying story of a Christian family in Sweden who have been unable to regain custody of their daughters after the government declared them religious extremists. In Iceland, a father has been stripped of his parental rights after speaking out against his 1...
Iceland Strips Father Of Custody After Questioning Gender Transitioning Of His Minor Child Authored by Jonathan Turley, We just discussed the horrifying story of a Christian family in Sweden who have been unable to regain custody of their daughters after the government declared them religious extremists. In Iceland, a father has been stripped of his parental rights after speaking out against his 11-year-old autistic son ‘s sex change. Alexandre Rocha, a French national who has lived in Iceland for 25 years, lost custody of the child to the child’s mother in December after questioning the long-term impacts of puberty blockers and hormone therapies. Rocha says that his child is confused and exposed to little beyond video games. He argued that his child’s autism and the trauma of the marital separation led to the findings of mental and emotional instability. He believes that his child was pulled along this course, attracted by the attention from the various advisers. The issue is not who is right or wrong, but why Iceland would terminate his parental rights because he has spoken out against what he believes is a harmful course of treatment for his child. He believes that experts ignored how autism can produce the same feelings that they used to justify his gender transition as a minor. He noted that his child also wanted to be a cat–often wearing cat ears in public. Elon Musk has supported the father . Musk has complained that he felt “tricked’ by experts in consenting to his own child to transition into a female. Rocha had accused the mother of obstructing visits. Court documents show that the mother denied intentionally obstructing court-ordered visitation. She alleged that the child refused visits because Rocha did not affirm the child’s gender identity or use the new name. There is an intense debate over the gender transitioning of minors. Various European countries have also halted certain procedures after countervailing studies suggesting that the risks are too h...
krblokhin Amazon ( AMZN ) said that Amazon Web Services' region in Bahrain was "disrupted" amid the ongoing conflict in the Middle East. “The AWS Bahrain Region has been disrupted as a result of the ongoing conflict. We are working closely with local authorities and prioritizing the safety of our personnel throughout our recovery efforts," said an AWS spokesperson in an email to Seeking Alpha. Th...
krblokhin Amazon ( AMZN ) said that Amazon Web Services' region in Bahrain was "disrupted" amid the ongoing conflict in the Middle East. “The AWS Bahrain Region has been disrupted as a result of the ongoing conflict. We are working closely with local authorities and prioritizing the safety of our personnel throughout our recovery efforts," said an AWS spokesperson in an email to Seeking Alpha. The disruption marks the second time in a month that the company's operations have been affected by the ongoing U.S.-Iran war. The company said it was helping to migrate customers to alternate AWS regions while it recovers. However, the company did not provide additional details, like the extent of the damage or how long it expects the disruption to last. "We continue to support affected customers, helping them to migrate to alternate AWS Regions, with a large number already successfully operating their applications from other parts of the world. As this situation evolves and, as we have advised before, we request those with workloads in the affected regions continue to migrate to other locations," said the spokesperson. The disruption is due to drone activity in the area, an Amazon spokesperson told Reuters. The report noted that Amazon did not immediately respond to a query on if its Bahrain facility was directly hit by a drone attack or if the disruption was due to nearby strikes. Earlier this month, AWS reported that facilities in Bahrain and the United Arab Emirates had lost power and it was working to recover, including transferring computing workloads to other regions. "These strikes have caused structural damage, disrupted power delivery to our infrastructure, and in some cases required fire suppression activities that resulted in additional water damage," said AWS earlier this month. AWS had said then that both affected regions had experienced physical impacts to infrastructure as a result of drone strikes. More on Amazon Amazon May Have Just Solved Its Anthropi...
The conflict in the Middle East has rattled markets around the world, but the gyrations have been especially pronounced in UK bonds, which are particularly vulnerable to jitters over inflation and strained government finances. Bonds fell globally in March on concern the conflict would prompt central banks to raise interest rates, but the UK endured some of the most extreme market moves. The 10-yea...
The conflict in the Middle East has rattled markets around the world, but the gyrations have been especially pronounced in UK bonds, which are particularly vulnerable to jitters over inflation and strained government finances. Bonds fell globally in March on concern the conflict would prompt central banks to raise interest rates, but the UK endured some of the most extreme market moves. The 10-year yield — a benchmark for Britain’s borrowing costs — briefly topped 5% on March 20 for the first time since the 2008 financial crisis (bond yields move in the opposite direction of prices). Traders are betting that the Bank of England will raise rates by at least half a percentage point this year. It’s a grim backdrop for a country already contending with fragile finances and political challenges. The rise in borrowing costs is making it harder for the government to meet its fiscal targets, creating an extra headache for UK Prime Minister Keir Starmer , who has been facing leadership threats from within the governing Labour Party . The UK bond market stabilized somewhat after President Donald Trump claimed the US was negotiating with Iran to bring an end to the conflict. But even if that comes to fruition, oil and gas prices are unlikely to fall swiftly back to their prewar levels as damaged energy infrastructure will take a long time to fix. Why did the UK bond market take such a big hit? UK government bonds, which are often called gilts because they used to be issued as paper certificates with a golden edge, are heading for their worst month since the historic rout that led to the ousting of former Prime Minister Liz Truss . The UK is particularly vulnerable due to its reliance on imported energy, persistent inflation and its dependence on foreign borrowing. The war in the Middle East all but halted traffic through the vital Strait of Hormuz, sending oil and gas prices climbing. The leap in commodity prices sparked fears of a rerun of 2022, when Russia’s invasion of Ukra...
Exail Technologies' ( EXALF ) shares fell up to 9% after a French investor sold part of its stake at a discount to Monday’s closing price. Exail Technologies offering of 600,000 shares by holder Gorgé prices via BNP Paribas, Natixis, and Berenberg, according to a statement, cited by Bloomberg. Offering priced at €126 per share, which represents a 9.09% discount to the last close. Exail shares are ...
Exail Technologies' ( EXALF ) shares fell up to 9% after a French investor sold part of its stake at a discount to Monday’s closing price. Exail Technologies offering of 600,000 shares by holder Gorgé prices via BNP Paribas, Natixis, and Berenberg, according to a statement, cited by Bloomberg. Offering priced at €126 per share, which represents a 9.09% discount to the last close. Exail shares are down 7.9% at €127.80 at press time, having fallen to as low as €126.20 in early trade. More on Exail Technologies Exail Technologies 2025 Q4 - Results - Earnings Call Presentation Exail Technologies: Europe's Defense Autonomy Push Creates A Compelling Buy Exail Technologies order intake jumps 87% on underwater drone demand boom Historical earnings data for Exail Technologies Financial information for Exail Technologies
Energy minister Michael Shanks reassures drivers ahead of chancellor’s statement to MPs Good morning. At lunchtime Rachel Reeves , the chancellor, will give a statement to MPs that will cover what the government is doing, and (more tentatively) might do, in response to the soaring global energy prices caused by the Iran war. After Russia invaded Ukraine in 2022, also creating a global energy short...
Energy minister Michael Shanks reassures drivers ahead of chancellor’s statement to MPs Good morning. At lunchtime Rachel Reeves , the chancellor, will give a statement to MPs that will cover what the government is doing, and (more tentatively) might do, in response to the soaring global energy prices caused by the Iran war. After Russia invaded Ukraine in 2022, also creating a global energy shortage, the Conservative government ended up spending £40bn supporting families and firms with energy bills over the following winter. Reeves’s problem is that she has not got £40bn spare. With spring upon us, and people starting to turn down their central heating, the issue may not seem particularly pressing in many households (although heating oil and petrol prices are already soaring.) But, by the end of this year, this could be the sort of colossal economic crisis that gets remembered for half a century. As Chris Mason explains in a good preview , Reeves is expected to cover three points. She is expected to confirm that the government wants to give the Competition and Markets Authority new powers to deal with any potention profiteering by oil companies. She will confirm that the government wants to go “further and faster to secure the next generation of nuclear power and to reclaim Britain’s place as a leading nuclear nation” (as the Treasury puts it in its overnight preview). [Drivers] should do everything as absolutely normal because there is no shortage of fuel anywhere in the country at the moment. We monitor this every single day, I look at the numbers personally. There’s no issue at all with that … People should go about their business as normal. That’s what the RAC and the AA have said. It’s really important people do that. There’s no shortage of fuel and everything is working as normal. Look genuinely, people shouldn’t change their behaviour or their habits in the slightest. Continue reading...