Every era has a number that stops making sense, a figure so large the brain just files it next to "infinity" and moves on. For most of my career, that kind of number lived in government budgets, the sort of sum you nod at without really feeling. Lately it has migrated somewhere stranger. It now ...
Every era has a number that stops making sense, a figure so large the brain just files it next to "infinity" and moves on. For most of my career, that kind of number lived in government budgets, the sort of sum you nod at without really feeling. Lately it has migrated somewhere stranger. It now ...
Barry sits down with Chris Davis, Chairman and Portfolio Manager at Davis Funds. They discuss his approach to managing risk and the key elements changing the economy. Chris and Barry also discuss Chris's mentors including Charlie Munger, and how he settled into the family business. (Source: Bloomberg)
Barry sits down with Chris Davis, Chairman and Portfolio Manager at Davis Funds. They discuss his approach to managing risk and the key elements changing the economy. Chris and Barry also discuss Chris's mentors including Charlie Munger, and how he settled into the family business. (Source: Bloomberg)
US President Donald Trump’s drive to reassert US supremacy in Latin America has already squeezed China’s interests in Cuba, Panama and Venezuela. Now, Nicaragua could be shaping up as the next economic battleground between the two powers, a scholar has warned. The American leader has yet to target Nicaragua since returning to office, but that could change if China revives an ambitious project to b...
US President Donald Trump’s drive to reassert US supremacy in Latin America has already squeezed China’s interests in Cuba, Panama and Venezuela. Now, Nicaragua could be shaping up as the next economic battleground between the two powers, a scholar has warned. The American leader has yet to target Nicaragua since returning to office, but that could change if China revives an ambitious project to build a canal cutting across the country to connect the Pacific Ocean and Caribbean Sea, said Zhang...
Teenagers will now serve time in response to surging gang crime, but head of country’s largest jail has misgivings Inside H block, staff at Sweden’s largest jail are preparing for the arrival of the first child prisoners in the institution’s 60-year history. New furniture has been ordered, extra beds have been removed from what were previously double-occupancy adult cells and classrooms are under ...
Teenagers will now serve time in response to surging gang crime, but head of country’s largest jail has misgivings Inside H block, staff at Sweden’s largest jail are preparing for the arrival of the first child prisoners in the institution’s 60-year history. New furniture has been ordered, extra beds have been removed from what were previously double-occupancy adult cells and classrooms are under construction. There are plans to repaint the walls from red to a shade of light green. In a matter of weeks, Kumla, a high-security prison on the edge of a small town in central Sweden, is expected to start receiving boys as young as 13. The Swedish parliament has already voted through plans for 15- to 17-year-olds convicted of serious crimes to serve their sentences in prison, which will come into force in July. And in June, it is expected to also vote to lower the criminal age of responsibility from 15 to 13 for crimescarrying a minimum sentence of four years’ imprisonment. Continue reading...
2026 tournament will be the biggest, longest and most expensive – and the most intricately refereed – ever seen The 2026 World Cup will be the biggest, longest and most expensive. It will also feature a hefty number of rule changes. New responsibilities for video assistant referees, new red card offences and a number of initiatives to speed up the game will be put into effect. Here are the rule ch...
2026 tournament will be the biggest, longest and most expensive – and the most intricately refereed – ever seen The 2026 World Cup will be the biggest, longest and most expensive. It will also feature a hefty number of rule changes. New responsibilities for video assistant referees, new red card offences and a number of initiatives to speed up the game will be put into effect. Here are the rule changes for the US, Canada and Mexico and why they have been implemented. Continue reading...
Oil tankers may be stuck behind strait of Hormuz, but holding the Iata AGM in Brazil defies warnings of impending shortages Nothing says jet fuel crisis, as one prospective attender put it, like flying everyone to Rio de Janeiro. Aviation leaders will converge in Brazil this weekend for the Iata AGM, the annual global airline summit, with the industry still, for the most part, looking resolutely s...
Oil tankers may be stuck behind strait of Hormuz, but holding the Iata AGM in Brazil defies warnings of impending shortages Nothing says jet fuel crisis, as one prospective attender put it, like flying everyone to Rio de Janeiro. Aviation leaders will converge in Brazil this weekend for the Iata AGM, the annual global airline summit, with the industry still, for the most part, looking resolutely skyward. The oil tankers may still be stuck behind the strait of Hormuz as the conflict between the US, Israel and Iran flickers on, but for now, airlines continue to defy dire warnings of impending shortages which had stoked fears of a summer of chaos for European holidaymakers. Continue reading...
Lawyer for British women attacks ‘extraordinary spectacle’ of Tate’s arrival in Moscow British women who have accused Andrew Tate of rape, assault and coercive control have questioned why the self-professed misogynistic influencer has appeared in Russia as UK authorities continue to hold off on seeking his extradition. Tate admires Vladimir Putin and amplifies Kremlin propaganda online. He arrived...
Lawyer for British women attacks ‘extraordinary spectacle’ of Tate’s arrival in Moscow British women who have accused Andrew Tate of rape, assault and coercive control have questioned why the self-professed misogynistic influencer has appeared in Russia as UK authorities continue to hold off on seeking his extradition. Tate admires Vladimir Putin and amplifies Kremlin propaganda online. He arrived in the same week that Russian authorities welcomed US rightwing figures at an annual conference described as Russia’s answer to Davos. Continue reading...
The Amandaland actor on her statue phobia, what she’d like to say to her mum, and lusting after Keanu Reeves Born in Dublin, Philippa Dunne, 44, trained at the Gaiety School of Acting and co-founded a comedy group called Diet of Worms. Her TV work includes Derry Girls and This Is Going to Hurt. Since 2016, she has played Anne Flynn in the BBC sitcom Motherland and its spin-off, Amandaland, now in ...
The Amandaland actor on her statue phobia, what she’d like to say to her mum, and lusting after Keanu Reeves Born in Dublin, Philippa Dunne, 44, trained at the Gaiety School of Acting and co-founded a comedy group called Diet of Worms. Her TV work includes Derry Girls and This Is Going to Hurt. Since 2016, she has played Anne Flynn in the BBC sitcom Motherland and its spin-off, Amandaland, now in its second series; her performance won her a Bafta nomination this year. She is married with a daughter and lives in London. When were you happiest? Any time I’m in rehearsals. Continue reading...
The Forest Service is trying to shut down research hubs because it says it needs to live within its means. But the agency plans to close facilities that cost less than $1 to rent while keeping open one that costs $1 million. (Image credit: KT Kanazawich for NPR)
The Forest Service is trying to shut down research hubs because it says it needs to live within its means. But the agency plans to close facilities that cost less than $1 to rent while keeping open one that costs $1 million. (Image credit: KT Kanazawich for NPR)
Photographer Akash Pamarthy has documented the Sikh religious community in Ohio over several years. His photos tell a story. (Image credit: Akash Pamarthy)
Photographer Akash Pamarthy has documented the Sikh religious community in Ohio over several years. His photos tell a story. (Image credit: Akash Pamarthy)
A blowout US jobs report prompted bets that the Federal Reserve will raise interest rates in 2026 as the ongoing Iran war fans inflation risk. Hiring may have received a boost from the upcoming World Cup, but the breadth of job gains across industries offered some assurance that things are looking up for the labor market. A fresh round of data on prices in the US next week will offer insights on t...
A blowout US jobs report prompted bets that the Federal Reserve will raise interest rates in 2026 as the ongoing Iran war fans inflation risk. Hiring may have received a boost from the upcoming World Cup, but the breadth of job gains across industries offered some assurance that things are looking up for the labor market. A fresh round of data on prices in the US next week will offer insights on the extent to which inflation is wiping out wage gains. Meanwhile monetary policy decisions, including one from the European Central Bank, are likely to feed the hawkish sentiment in financial markets. Here are some of the charts that appeared on Bloomberg this week on the latest developments in the global economy, markets and geopolitics: World The central banks of Poland, Tunisia and India kept interest rates unchanged, while Kazakhstan cut them. The fate of the global economy hinges on the conflict in the Middle East that has already stifled growth and could yet trigger recessions and significantly stronger inflation, the OECD said. Price pressures and weakened demand are set to be felt for some time, and may even worsen beyond a potential reopening of the Strait of Hormuz, the Paris-based organization said in its latest economic outlook. US US job growth topped all forecasts in May and the unemployment rate held steady at 4.3% , offering the clearest sign yet that the labor market may be breaking out of a prolonged period of lackluster hiring. Nonfarm payrolls increased 172,000 last month and hiring in March and April was stronger than previously reported, according to Bureau of Labor Statistics data out Friday. Taken together, the figures marked the strongest three-month advance in more than two years. US manufacturing activity expanded in May at the fastest pace in four years, bolstered by a pickup in new orders and production. The Institute for Supply Management’s manufacturing gauge has now signaled expansion for five straight months, pointing to renewed vigor in the...