CITY GIRLS GET A TASTE OF FIGHT CLUB SCENE

first_imgSunday 15 August 2010 10:05 pm KCS-content whatsapp whatsapp More From Our Partners Inside Ashton Kutcher and Mila Kunis’ not-so-average farmhouse estatenypost.comA ProPublica investigation has caused outrage in the U.S. this weekvaluewalk.comPolice Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.orgKiller drone ‘hunted down a human target’ without being told tonypost.comRussell Wilson, AOC among many voicing support for Naomi Osakacbsnews.comFlorida woman allegedly crashes children’s birthday party, rapes teennypost.comAstounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.orgNative American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.orgBrave 7-Year-old Boy Swims an Hour to Rescue His Dad and Little Sistergoodnewsnetwork.orgBill Gates reportedly hoped Jeffrey Epstein would help him win a Nobelnypost.comI blew off Adam Sandler 22 years ago — and it’s my biggest regretnypost.comFeds seized 18 devices from Rudy Giuliani and his employees in April raidnypost.com980-foot skyscraper sways in China, prompting panic and evacuationsnypost.com‘Neighbor from hell’ faces new charges after scaring off home buyersnypost.comSupermodel Anne Vyalitsyna claims income drop, pushes for child supportnypost.comMatt Gaetz swindled by ‘malicious actors’ in $155K boat sale boondogglenypost.comMark Eaton, former NBA All-Star, dead at 64nypost.comUK teen died on school trip after teachers allegedly refused her pleasnypost.com REPORTS may still be rife over sexual discrimination in the City, but we ladies certainly aren’t ones to take such inequalities lying down. The Capitalist has long been intrigued by the growing popularity of white collar boxing among stressed financial workers in the Square Mile – and now, it appears the sport is catching on among the fairer sex as well.Macmillan Cancer Support is currently looking for City workers to enter for its charity boxing tournament on 14 October, where eight fighters will go up against one another in the ring in front of a crowd of up to 300 people, including current and former world heavyweight champions David “Haymaker” Haye and Lloyd “Ragamuffin” Honeyghan. “This is the first tournament we’ve done and we’re so keen to get the City involved, as white collar boxing is such an up-and-coming sport here,” an excited organiser tells me. “We’ve also teamed up with some gyms and one of them suggested that girls are getting more and more into it, so we’re currently considering the possibility of opening up the event to ladies too, subject to demand…”Apparently, the first female white collar boxing event in the City was held just this year, but it’s expanding at a rapid rate – a touch of the old “anything they can do, we can do better” mentality that has served successful City girls so well over the years, no doubt. Interested parties can call 07828 135589 to register their interest.OLYMPIC EFFORTLucky K&L Gates lawyers are to be allowed to take paid time off work in order to volunteer at the Olympics, according to an internal memo at the firm. If the happy K&L lawyers make it through the application process, they’ll get to take part for six consecutive days, as well as three days’ training. Rival firms’ HR departments, take note… center_img Ad Unmute by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeMoneyPailShe Was A Star, Now She Works In ScottsdaleMoneyPailUndoNoteabley25 Funny Notes Written By StrangersNoteableyUndoZen HeraldThe Truth About Why ’40s Actor John Wayne Didn’t Serve In WWII Has Come To LightZen HeraldUndoBetterBe20 Stunning Female AthletesBetterBeUndoautooverload.comDeclassified Vietnam War Photos The Public Wasn’t Meant To Seeautooverload.comUndoAtlantic MirrorA Kilimanjaro Discovery Has Proved This About The BibleAtlantic MirrorUndoTotal PastThe Ingenious Reason There Are No Mosquitoes At Disney WorldTotal PastUndoElite HeraldKate Middleton Dropped An Unexpected Baby BombshellElite HeraldUndoTrading BlvdThis Picture of Prince Harry & Father at The Same Age Will Shock YouTrading BlvdUndo Share CITY GIRLS GET A TASTE OF FIGHT CLUB SCENE Show Comments ▼ Tags: NULLlast_img read more

GELDOF SEEKS $1BN FOR AFRICAN FUND

first_imgThursday 2 September 2010 8:35 pm whatsapp KCS-content whatsapp Show Comments ▼ GELDOF SEEKS $1BN FOR AFRICAN FUND Read This Next’A Quiet Place Part II’ Sets Pandemic Record in Debut WeekendFamily ProofHiking Gadgets: Amazon Deals Perfect For Your Next AdventureFamily ProofIndian Spiced Vegetable Nuggets: Recipes Worth CookingFamily ProofAmazon roars for MGM’s lion, paying $8.45 billion for studio behind JamesFamily ProofTortilla Mango Cups: Recipes Worth CookingFamily ProofNew England Patriots’ Cam Newton says no extra motivation from Mac Jones’SportsnautBack on the Rails for Summer New York to New Orleans, Savannah and MiamiFamily ProofYoga for Beginners: 3 Different Types of Yoga You Should TryFamily ProofWhat to Know About ‘Loki’ Ahead of Disney+ Premier on June 9Family Proof Share Tags: NULL SIR Bob Geldof has launched a private equity fund to raise $1bn for investment in Africa – making it one of the largest in the market for African deals. Geldof has teamed up with Mark Florman, a former executive at UK buyout firm Doughty Hanson, to run the fund. Called 8 Miles, the fund plans to make about 20 investments of between $15m and $80m in agribusinesses, financial services and telecommunications. last_img read more

BEST OF THE BROKERS

first_img KCS-content Show Comments ▼ More From Our Partners Police Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.orgRussell Wilson, AOC among many voicing support for Naomi Osakacbsnews.comNative American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.orgA ProPublica investigation has caused outrage in the U.S. this weekvaluewalk.comBrave 7-Year-old Boy Swims an Hour to Rescue His Dad and Little Sistergoodnewsnetwork.orgMatt Gaetz swindled by ‘malicious actors’ in $155K boat sale boondogglenypost.comAstounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.orgKiller drone ‘hunted down a human target’ without being told tonypost.comFlorida woman allegedly crashes children’s birthday party, rapes teennypost.com WHITBREADEvolution Securities has upgraded Whitbread to “buy” from “hold” following the publication of its interim results on Tuesday. The broker said it had emerged from the recession in good condition with a strong platform for growth. It upgraded its EPS forecasts by 4.5 per cent and 5.1 per cent for FY11 and FY12 respectively increasing its target price to 1,850p.CARETECH HOLDINGSNumis has reiterated its “buy” recommendation and 530p price target on Care Tech. The broker said this was because of the move to protect the social care budget in the Comprehensive Spending Review. The fact the government will, over time, become a purchaser of services rather than a provider also suggested local authority care homes will be privatised.SCHNEIDER ELECTRICS&P Equity Research has upgraded its rating on Schneider Electric from “hold” to “buy” following the release of its third quarter sales figures. It has also raised its h target price to €113 from €97 on solid growth, and raised full year earnings guidance. Group sales rose 12 per cent year-on-year in the third quarter driven by emerging markets and recovery in Europe. by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeMisterStoryWoman Files For Divorce After Seeing This Photo – Can You See Why?MisterStoryTotal PastThe Ingenious Reason There Are No Mosquitoes At Disney WorldTotal PastNoteabley25 Funny Notes Written By StrangersNoteableyMoneyPailShe Was A Star, Now She Works In ScottsdaleMoneyPailSerendipity TimesInside Coco Chanel’s Eerily Abandoned Mansion Frozen In TimeSerendipity TimesBrake For ItThe Most Worthless Cars Ever MadeBrake For ItBetterBe20 Stunning Female AthletesBetterBemoneycougar.comThis Proves The Osmonds Weren’t So Innocentmoneycougar.comMagellan TimesThis Is Why The Roy Rogers Museum Has Been Closed For GoodMagellan Times Wednesday 20 October 2010 7:27 pmcenter_img Share Tags: NULL BEST OF THE BROKERS whatsapp whatsapplast_img read more

Blackstone eyes Southern Cross

first_img Private equity firm Blackstone is considering a takeover bid of Southern Cross. The British care home operator said last week it was in early-stage talks with other potential buyers after private equity firm Towerbrook Capital announced it was no longer interested in making an offer. Blackstone owned Southern Cross before listing it in 2006 and is reportedly now keen on launching a takeover of the listed operating company and its property company, with a view to combining them. Blackstone and Southern Cross could not be reached for comment yesterday. whatsapp KCS-content Blackstone eyes Southern Cross whatsapp Share Sunday 28 November 2010 10:02 pm Show Comments ▼ Read This Next’A Quiet Place Part II’ Sets Pandemic Record in Debut WeekendFamily ProofNew England Patriots’ Cam Newton says no extra motivation from Mac Jones’SportsnautHiking Gadgets: Amazon Deals Perfect For Your Next AdventureFamily ProofBack on the Rails for Summer New York to New Orleans, Savannah and MiamiFamily ProofYoga for Beginners: 3 Different Types of Yoga You Should TryFamily ProofAmazon roars for MGM’s lion, paying $8.45 billion for studio behind JamesFamily ProofIndian Spiced Vegetable Nuggets: Recipes Worth CookingFamily ProofTortilla Mango Cups: Recipes Worth CookingFamily ProofWhat to Know About ‘Loki’ Ahead of Disney+ Premier on June 9Family Proof Tags: NULLlast_img read more

Banks scared by Cantona

first_img KCS-content Sunday 5 December 2010 11:48 pm More From Our Partners Astounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.orgRussell Wilson, AOC among many voicing support for Naomi Osakacbsnews.comPolice Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.orgFeds seized 18 devices from Rudy Giuliani and his employees in April raidnypost.comNative American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.orgMark Eaton, former NBA All-Star, dead at 64nypost.comBrave 7-Year-old Boy Swims an Hour to Rescue His Dad and Little Sistergoodnewsnetwork.orgSupermodel Anne Vyalitsyna claims income drop, pushes for child supportnypost.comA ProPublica investigation has caused outrage in the U.S. this weekvaluewalk.comUK teen died on school trip after teachers allegedly refused her pleasnypost.comInside Ashton Kutcher and Mila Kunis’ not-so-average farmhouse estatenypost.comKiller drone ‘hunted down a human target’ without being told tonypost.comFlorida woman allegedly crashes children’s birthday party, rapes teennypost.comKamala Harris keeps list of reporters who don’t ‘understand’ her: reportnypost.comMatt Gaetz swindled by ‘malicious actors’ in $155K boat sale boondogglenypost.comI blew off Adam Sandler 22 years ago — and it’s my biggest regretnypost.comBiden received funds from top Russia lobbyist before Nord Stream 2 giveawaynypost.com980-foot skyscraper sways in China, prompting panic and evacuationsnypost.com Share whatsapp Tags: NULL whatsapp FOOTBALL legend Eric Cantona has sparked fears of a banking crisis in France by urging people to withdraw all their money.The French government was forced to respond to Cantona’s calls for a mass run on the nation’s banks tomorrow – the date coincinding with his famous number seven football shirt.The enigmatic former Manchester United forward said: “We have to change the way we do things nowadays. Talking of revolution, I don’t mean we are going to pick up guns and go out to kill people. Revolution is very simple to do nowadays.“What’s the system? The system revolves around banks. The system is built on the banks’ power. So it can be destroyed by the banks. Instead of having three million people going out to demonstrate with a placard, those three million people go to their bank branch, they withdraw their money and the banks crumble.“You go to your bank in your village and you withdraw your money.”French finance minister Christine Lagarde responded with the pithy: “There are those who play football magnificently, I wouldn’t dare to try. I think it’s best for everyone to stick to their own speciality.” Banks scared by Cantona Show Comments ▼last_img read more

Buying up tech for a quick buck

first_img Show Comments ▼ KCS-content Buying up tech for a quick buck whatsapp whatsapp GOLDMAN Sachs and Digital Sky Technologies have shocked the investment world by swallowing a $50bn valuation for social networking site Facebook. But few were immediately prepared to dispute the price tag with Wall Street’s most prestigious investment bank: broken down per user, it doesn’t sound quite so outrageous, at $100 a head. After all, no other tech firm can boast a membership rate of 8.3 per cent of the world’s population.Still, veterans of the Dotcom bubble will be anxious to know what makes the current craze for pre-float tech shares different.Analysts reckon the key is that modern social networking sites actually generate revenues: best guesses put Facebook’s incomings at $2bn per year, and the company has shown an ability to innovate far outside its original core model of static profile pages. More importantly, with valuations skyrocketing, investors don’t need to be in on the basis of long-haul fundamentals to make money. Monday 3 January 2011 11:00 pm Share More From Our Partners Russell Wilson, AOC among many voicing support for Naomi Osakacbsnews.comPolice Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.orgColin Kaepernick to publish book on abolishing the policethegrio.comBrave 7-Year-old Boy Swims an Hour to Rescue His Dad and Little Sistergoodnewsnetwork.orgFort Bragg soldier accused of killing another servicewoman over exthegrio.comNative American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.orgLA news reporter doesn’t seem to recognize actor Mark Currythegrio.comAstounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.orgFans call out hypocrisy as Tebow returns to NFL while Kaepernick is still outthegrio.comMan on bail for murder arrested after pet tiger escapes Houston homethegrio.comA ProPublica investigation has caused outrage in the U.S. this weekvaluewalk.comBiden received funds from top Russia lobbyist before Nord Stream 2 giveawaynypost.comKansas coach fired for using N-word toward Black playerthegrio.com980-foot skyscraper sways in China, prompting panic and evacuationsnypost.comPorsha Williams engaged to ex-husband of ‘RHOA’ co-star Falynn Guobadiathegrio.comMark Eaton, former NBA All-Star, dead at 64nypost.comSupermodel Anne Vyalitsyna claims income drop, pushes for child supportnypost.comKiller drone ‘hunted down a human target’ without being told tonypost.com Tags: NULLlast_img read more

What the other papers say this morning

first_img Show Comments ▼ KCS-content More From Our Partners Brave 7-Year-old Boy Swims an Hour to Rescue His Dad and Little Sistergoodnewsnetwork.orgA ProPublica investigation has caused outrage in the U.S. this weekvaluewalk.comPolice Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.orgSupermodel Anne Vyalitsyna claims income drop, pushes for child supportnypost.comNative American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.orgFlorida woman allegedly crashes children’s birthday party, rapes teennypost.comRussell Wilson, AOC among many voicing support for Naomi Osakacbsnews.comAstounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.orgInside Ashton Kutcher and Mila Kunis’ not-so-average farmhouse estatenypost.comUK teen died on school trip after teachers allegedly refused her pleasnypost.comKiller drone ‘hunted down a human target’ without being told tonypost.comWhy people are finding dryer sheets in their mailboxesnypost.com‘The Love Boat’ captain Gavin MacLeod dies at 90nypost.com980-foot skyscraper sways in China, prompting panic and evacuationsnypost.comMatt Gaetz swindled by ‘malicious actors’ in $155K boat sale boondogglenypost.comI blew off Adam Sandler 22 years ago — and it’s my biggest regretnypost.comBiden received funds from top Russia lobbyist before Nord Stream 2 giveawaynypost.comMark Eaton, former NBA All-Star, dead at 64nypost.com FINANCIAL TIMESRUSSIANS PREPARE FOR LISTING SPREE IN LONDONFour industrial and mining companies from Russia are set to list in London within the next few weeks, the first in a string of companies from the country rushing to raise an estimated $15bn-$20bn (£9.5bn-£12.7bn) this year. The companies are taking advantage of a narrow window before the state steps in with its own capital raisings. Since the start of the week, Hydraulic Machines & Systems, Russia’s leading pump manufacturer, and Koks, a pig iron and coking coal group, have announced price ranges for their upcoming listings. Steel pipe maker Chelpipe is to announce its range as early as today.new version of iphone set to have “wave and pay” technologyApple is expected to install “wave and pay” technology for the next version of its iPhone, boosting mobile commerce and potentially giving the company a big piece of the multibillion-dollar transaction industry.REAL ESTATE FUND PRIMED FOR FLOTATIONThe UK’s first listed real estate mezzanine finance fund is being lined up for flotation later this year to target a growing funding gap in the debt-constrained property market. Duet Private Equity is in talks with investors about backing the listed investment vehicle that will buy and originate property-backed debt. CALA CALLS IN ROTHSCHILD TO REVIEW STRATEGYCala Group, the bank-held housebuilder, has called in Rothschild to put together a business plan, paving the way for debt reduction and a possible sale. The move could herald a directional shift by housebuilders under the auspices of the banks.THE TIMESMOD LAUNCHES ASSAULT ON COSTS WITH INQUIRY INTO CONTRACTSThe Government will announce the first big review of its relationship with monopoly suppliers in more than four decades today as it tries to save taxpayers’ money. The review will be led by the Ministry of Defence, which spends about £9bn a year with companies on a non-competitive basis. Equipment such as nuclear submarines can usually be bought only from a single supplier, so contracts have to be negotiated without the benefit of competitive pressure to keep costs down.GROSVENOR DECIDES SHARE OF QUID IS TOO TEMPTINGThe Duke of Westminster’s property company has swooped on €350m (£303m) of shopping centres being sold by one of Europe’s biggest listed property groups.The Daily TelegraphHIGH HEATING OIL PRICES SPARK OFFICE OF FAIR TRADING INQUIRYConsumer complaints about high prices for heating oil this winter have led the Office of Fair Trading to launch inquiry into the UK’s domestic market. Around six per cent of households rely on heating oil, many in remote areas away from mains supplies. The watchdog said it would investigate heating oil and liquefied petroleum gas (LPG) suppliers, who provide energy to 2.5m people not connected to the gas grid.WORRYING GROWTH FIGURES DASH HOPES FOR JOB RECOVERYFinding a job in today’s desolate labour market is about to get much harder. Yesterday’s disappointing growth figures send a very worrying signal to the 2.5m people already out of work, let alone those about to be made redundant.THE WALL STREET JOURNALSIEMENS’S PROFIT RISES ON ECONOMIC RECOVERYGerman industrial conglomerate Siemens yesterday said its net profit in the first quarter rose 16 per cent from a year earlier, as it benefited from a recovering global economy and increased spending on big-ticket items. Munich-based Siemens, a barometer for the world’s manufacturing industry with around 410,000 employees in 190 countries and products that span hospital equipment to power turbines, posted a net profit of €1.72bn (£1.09bn) for the quarter ended 31 December, up from €1.48bn a year earlier.GOLD SLIPS TO 3-MONTH LOWGold futures fell to a three-month low yesterday as investors continued looking for a bottom amid the metal’s ongoing correction. It was the metal’s lowest close since 27 October. Tuesday 25 January 2011 9:38 pm by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeTotal PastThe Ingenious Reason There Are No Mosquitoes At Disney WorldTotal PastMisterStoryWoman Files For Divorce After Seeing This Photo – Can You See Why?MisterStorySerendipity TimesInside Coco Chanel’s Eerily Abandoned Mansion Frozen In TimeSerendipity TimesBrake For ItThe Most Worthless Cars Ever MadeBrake For ItBetterBe20 Stunning Female AthletesBetterBeLuxury SUVs | Search AdsThese Cars Are So Loaded It’s Hard to Believe They’re So CheapLuxury SUVs | Search AdsAlphaCute30 Rules That All “Hells Angels” Have To FollowAlphaCuteDefinitionDesi Arnaz Kept This Hidden Throughout The Filming of ‘I Love Lucy’DefinitionTaonga: The Island FarmThe Most Relaxing Farm Game of 2021. No InstallTaonga: The Island Farmcenter_img whatsapp Share Tags: NULL What the other papers say this morning whatsapplast_img read more

DLA Piper to be biggest law company

first_img DLA Piper is to merge with Australian partner DLA Phillips Fox to create what it says could be the world’s largest law firm.The combined entity will create a 700-strong legal empire in the Asia-Pacific region. DLA Piper already employs around 4,000 lawyers across 30 countries and generates revenues of £1.4bn.It will jump ahead of Chicago-based Baker & McKenzie as the world’s largest law firm by number of lawyers.The Australian expansion is driven by the boom in M&A. The sector more than doubled last year to $108.5bn (£68.25bn), providing a cash cow for hungry lawyers.The move is also a strategic step to take advantage of the rapidly expanding Asian economy.The deal is still subject to a vote from DLA’s partners, who must be 75 per cent in favour of the move. The integration will come into effect on 1 May.Sir Nigel Knowles, co-chief executive of DLA Piper, said: “The cementing of the relationship between DLA Piper and DLA Phillips Fox is part of our global strategy and is an integral part in helping us become the world’s leading business law firm. “As part of our strategy we are committed to expansion within the G20 nations, and with Australia as the 14th largest industrialised nation it provides excellent opportunities with its strong ties to some of the most rapidly growing economies in Asia.”DLA Piper was created in 2005 by the merger of DLA, Piper Rudnick and Gray Cary. Tags: NULL Thursday 27 January 2011 9:08 pm Share KCS-content More From Our Partners Astounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.orgA ProPublica investigation has caused outrage in the U.S. this weekvaluewalk.comNative American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.orgI blew off Adam Sandler 22 years ago — and it’s my biggest regretnypost.comBrave 7-Year-old Boy Swims an Hour to Rescue His Dad and Little Sistergoodnewsnetwork.orgKiller drone ‘hunted down a human target’ without being told tonypost.comPolice Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.orgRussell Wilson, AOC among many voicing support for Naomi Osakacbsnews.comInside Ashton Kutcher and Mila Kunis’ not-so-average farmhouse estatenypost.comcenter_img whatsapp by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeMoneyPailShe Was A Star, Now She Works In ScottsdaleMoneyPailTotal PastThe Ingenious Reason There Are No Mosquitoes At Disney WorldTotal PastSerendipity TimesInside Coco Chanel’s Eerily Abandoned Mansion Frozen In TimeSerendipity TimesBrake For ItThe Most Worthless Cars Ever MadeBrake For ItBetterBe20 Stunning Female AthletesBetterBeSenior Living | Search AdsNew Senior Apartments Coming to Scottsdale (Take A Look at The Prices)Senior Living | Search AdsMisterStoryWoman Files For Divorce After Seeing This Photo – Can You See Why?MisterStoryautooverload.comDeclassified Vietnam War Photos The Public Wasn’t Meant To Seeautooverload.comElite HeraldExperts Discover Girl Born From Two Different SpeciesElite Herald Show Comments ▼ whatsapp DLA Piper to be biggest law company last_img read more

Consumer spend supports robust US GDP

first_img More From Our Partners Brave 7-Year-old Boy Swims an Hour to Rescue His Dad and Little Sistergoodnewsnetwork.orgUK teen died on school trip after teachers allegedly refused her pleasnypost.comNative American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.orgKiller drone ‘hunted down a human target’ without being told tonypost.comRussell Wilson, AOC among many voicing support for Naomi Osakacbsnews.comPolice Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.orgSupermodel Anne Vyalitsyna claims income drop, pushes for child supportnypost.comAstounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.orgA ProPublica investigation has caused outrage in the U.S. this weekvaluewalk.comBiden received funds from top Russia lobbyist before Nord Stream 2 giveawaynypost.comMatt Gaetz swindled by ‘malicious actors’ in $155K boat sale boondogglenypost.com‘Neighbor from hell’ faces new charges after scaring off home buyersnypost.comKamala Harris keeps list of reporters who don’t ‘understand’ her: reportnypost.comMark Eaton, former NBA All-Star, dead at 64nypost.comFlorida woman allegedly crashes children’s birthday party, rapes teennypost.com980-foot skyscraper sways in China, prompting panic and evacuationsnypost.comI blew off Adam Sandler 22 years ago — and it’s my biggest regretnypost.comInside Ashton Kutcher and Mila Kunis’ not-so-average farmhouse estatenypost.com Consumer spend supports robust US GDP alison.lock Friday 28 January 2011 10:40 am Show Comments ▼ Sharecenter_img whatsapp by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeMoneyPailShe Was A Star, Now She Works In ScottsdaleMoneyPailTotal PastThe Ingenious Reason There Are No Mosquitoes At Disney WorldTotal PastSerendipity TimesInside Coco Chanel’s Eerily Abandoned Mansion Frozen In TimeSerendipity TimesBrake For ItThe Most Worthless Cars Ever MadeBrake For ItBetterBe20 Stunning Female AthletesBetterBeautooverload.comDeclassified Vietnam War Photos The Public Wasn’t Meant To Seeautooverload.comMisterStoryWoman Files For Divorce After Seeing This Photo – Can You See Why?MisterStoryLuxury SUVs | Search AdsThese Cars Are So Loaded It’s Hard to Believe They’re So CheapLuxury SUVs | Search AdsSenior Living | Search AdsNew Senior Apartments Coming Nearby Scottsdale (Take a Look at The Prices)Senior Living | Search Ads whatsapp The US economy gathered speed in the fourth quarter if marginally below expectations, recording strong exports and the biggest gain in consumer spending in more than four years.But despite this signal that a sustainable recovery is underway, unemployment remains painfully high.US GDP grew at a solid 3.2 per cent annual rate in the final three months of 2010, the Commerce Department said, after expanding at a 2.6 per cent pace in the third quarter. Economists had expected a 3.5 per cent rate.For the whole of 2010, the economy grew 2.9 per cent, the biggest gain since 2005. The economy contracted 2.6 per cent in 2009.“Though the GDP data came in slightly below expectations… (its acceleration) was driven by two factors which are very important when looking forward, and that is the more important factor in assessing the future course of the US economy,” said Quantitative Commodity Research consultant Peter Fertig.“That is private consumption and exports, which came in better than expected,” he said. “With the Dow Jones index trading this week above 12,000, that all indicates that the US economy is on an expansionary path.”The recovery was fuelled by growing consumer spending, which accounts for more than two-thirds of US economic activity. The sector grew at a 4.4 per cent rate – the fastest pace since the first quarter of 2006.Growth also came from a pick-up in exports, which resulted in a narrower trade deficit in the fourth quarter. Trade added 3.44 percentage points to GDP growth, the first contribution in a year.But the US jobless rate has been stuck above nine per cent since May 2009 and analysts say an expansion rate of at least three per cent over several quarters is needed to cope with new entrants in the labor market and the unemployed.The unemployment rate fell to 9.4 per cent in December from 9.8 per cent in November. Tags: NULLlast_img read more

Treasury hits back after attack on cuts

first_imgMonday 31 January 2011 8:06 pm More From Our Partners Mark Eaton, former NBA All-Star, dead at 64nypost.comNative American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.orgBiden received funds from top Russia lobbyist before Nord Stream 2 giveawaynypost.comAstounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.orgRussell Wilson, AOC among many voicing support for Naomi Osakacbsnews.comSupermodel Anne Vyalitsyna claims income drop, pushes for child supportnypost.comA ProPublica investigation has caused outrage in the U.S. this weekvaluewalk.comBrave 7-Year-old Boy Swims an Hour to Rescue His Dad and Little Sistergoodnewsnetwork.orgPolice Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.org whatsapp KCS-content whatsapp Sharecenter_img DEFICIT cuts for this year are “too tight” and will slow down growth by over half a per cent, a leading think tank said yesterday.The claims, from the National Institute of Economic and Social Research (NIESR), provoked the Treasury into response, with a spokesperson insisting the cuts are “a vital pre-condition to growth.”And a separate study, released today by the Centre for Policy Studies, endorsed the fiscal austerity measures. Deficit cuts are “less risky and definitely a great deal more morally honest,” said author Jon Moulton – chairman of Better Capital.However, NIESR accused the coalition government of slashing spending for political, rather than economic, reasons.“Plans based on spending are not necessarily more credible and effective, but some politicians have an appetite for a slimmer state,” said acting director Ray Barrell.And NIESR also criticised chancellor George Osborne’s VAT hike, describing the measure as inflationary and likely to cause more economic contraction than direct taxes. However, reductions in the deficit have to happen at some point, NIESR admitted.“Deficits transfer income from our children to us — a deficit reduction plan is essential, but you need to keep an eye on the economy,” NIESR said, suggesting that the recovery was too fragile for cuts to begin. While predicting that growth will bounce back in the first quarter of this year, the figure will be “flattered” due to a rebound in activity that was delayed by December’s freezing weather conditions, said NIESR economist Simon Kirby.Growth for 2011 will come in at just 1.5 per cent, Kirby forecast.Labour used the report to attack chancellor George Osborne’s handling of the economy. “This report is yet another warning sign to a Conservative chancellor who seems to be in denial,” they said. “He needs a plan B and he needs one quick.” Treasury hits back after attack on cuts by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeMoneyPailShe Was A Star, Now She Works In ScottsdaleMoneyPailTotal PastThe Ingenious Reason There Are No Mosquitoes At Disney WorldTotal PastSerendipity TimesInside Coco Chanel’s Eerily Abandoned Mansion Frozen In TimeSerendipity TimesBrake For ItThe Most Worthless Cars Ever MadeBrake For ItBetterBe20 Stunning Female AthletesBetterBeSenior Living | Search AdsNew Senior Apartments Coming to Scottsdale (Take A Look at The Prices)Senior Living | Search AdsLuxury SUVs | Search AdsThese Cars Are So Loaded It’s Hard to Believe They’re So CheapLuxury SUVs | Search Adsautooverload.comDeclassified Vietnam War Photos The Public Wasn’t Meant To Seeautooverload.comElite HeraldExperts Discover Girl Born From Two Different SpeciesElite Herald Show Comments ▼ Tags: NULLlast_img read more