Bank of England urgent action over UK financial crisis just a bandaid | ABC News
CBA head of fixed income Martin Whetton explains why it's only a quick fix. It's news when you want it, from Australia's most trusted news organisation.For more from ABC News, click here.
India's Thriving Scam Industry: Before You Call Tech Support | Undercover Asia | CNA Documentary
We go deep into the vast world of India’s scam call centers, meeting those behind the deception and the new breed of international scambaiters who are trying to bring these scammers down.After seven years of running tech support scams, ‘Leo’ has leveled up. He is now an entrepreneur or a scam call center consultant who sets up scamming outfits for those with money to invest. From hiring to hardware, he has it down to a science, especially on how long it will take to generate returns for the investors.
At the other end of the spectrum, we follow an Indian scambaiter ‘Sven’ as he investigates a local company that’s running a scam call center. Will ‘Sven’ be able to find enough evidence to submit to the police and conduct a crackdown?Watch more Undercover Asia.
Potential sabotage: What's behind the Nord Stream pipeline leaks? | DW News
The news came only hours after a similar development on its twin pipeline, Nord Stream 2. Both conduits have become flash points in the escalating energy war that has sent gas prices rocketing since Russia's invasion of Ukraine. Officials said a pressure drop was detected in the Nord Stream 1 undersea gas channel soon after a similar fall was detected in its sister pipeline, Nord Stream 2.
Both of Nord Stream 1's two lines are affected, while one of Nord Stream 2's pipelines showed a drop in pressure. Marine authorities identified a gas leak southeast of the Danish island of Bornholm as the likely cause of the issue affecting Nord Stream 2. Danish officials warned of a threat to shipping in the area and asked vessels to steer clear.
Swedish authorities on Tuesday said there were two leaks on Nord Stream 1 — one in the Danish maritime economic zone and the other in the Swedish one. The two leaks were reported to be very close to one another. The German economy ministry said it was investigating the incident.We currently do not know the reason for the drop in pressure," it said.Blasts registered by Swedish seismologistsSeismologists from Sweden's National Seismology Centre (SNSN) told public broadcaster SVT that powerful blasts had been registered in the areas of the gas leaks on Monday."There is no doubt that these were explosions," SNSN seismologist Bjorn Lund told SVT.Denmark's armed forces meanwhile released footage showing bubbles on the surface of the Baltic Sea above the Nordstream 1 and 2 pipelines and reported that the largest of the leaks had caused surface disturbance of around 1 kilometer (0.62 miles) in diameter.
Is Air Fried Food Really Healthier? | Talking Point | Full Episode
Up to 90% less fat. That’s just one of the claims of air fryer manufacturers. We’ve bought so much into this idea of a healthier way of cooking, that we have contributed to a 50% increase in sales for ONE leading air fryer brand in Singapore just between 2019 and 2020.
Globally, the air fryer market is expected to reach US$1.2b by 2026. But how much healthier is air frying, compared to deep frying, really. And are there adverse effects, like increased cancer risk, with the use of this cooking technology.
Talking Point host, Sharda Harrison conducts her own tests in search of answers.Watch more #TalkingPoint. Talking Point investigates a current issue or event, offering different perspectives to local stories and revealing how it all affects you.================================================#CNAInsider #CNATalkingPoint #AirFryer #Health #AirFriedFor more, SUBSCRIBE to CNA INSIDER.
Lessons from Britain: how not to run an economy | ABC News Daily
It’s been a tough year for the economy, with a lot of Australians struggling with rising interest rates and a surge in the cost of living. Today, the ABC’s business editor, Ian Verrender, on the impact on global markets, and why our own budget this month will be one of the most conservative yet. ABC News provides around the clock coverage of news events as they break in Australia and abroad, including the latest coronavirus pandemic updates.
It's news when you want it, from Australia's most trusted news organisation.For more from ABC News, click here.
How To SURVIVE & THRIVE In The Upcoming Financial Crisis! (PREPARE NOW) | Ray Dalio
Build IRONCLAD discipline in this FREE workshop. Whether you consciously choose your principles or operate subconsciously on your default network, principles specific to you are guiding you in the outcomes you achieve.Ray Dalio is the founder of the world’s biggest hedge fund, Bridgewater Associates which manages over $100 billion. His mission has been to share the principles that have made him wildly successful.
He wasn’t born into wealth, so when he shares these principles and lessons he’s found repeatedly successful, you may want to take notes.This episode is stuffed with foundational ideas and mindset shifts to help you succeed and learn to start thinking from first principles. Understanding how to handle your opinions, how to struggle well, how to separate yourself from doing things that are better done by someone else is your first step to major success.SHOW NOTES:0:00 | Introduction to Ray Dalio0:14 | Prepare for the Recession33:32 | The Secret to Wealth & Success52:55 | How to Survive & Thrive1:20:50 | Adopt the Right MindsetQUOTES:“When you have a large wealth gap and you have an economic downturn people are more inclined to have conflict.” [10:57]“People in the top 40% of income will spend about five times as much money on their children’s education than those in the bottom 60%, and that’s neither fair nor productive.” [26:18]“There’s always a path out there, you just don’t happen to see the path now, so you have to find the path.” [32:44]“Make your passion and your work the same thing.” [35:52]“The truth is you can have a lot more life and you can have a lot more if you know how to get more out of a minute.” [37:10]“Struggling well will get you what you want rather than avoiding struggle.” [39:41]“If you worry, you don’t have to worry, and if you don’t worry, you have to worry.” [40:53]“What you don’t know is greater than what you do know.” [1:08:14]“If you have the equanimity, that calm centeredness, and you have your plan, and you triangulate well with others so that you can get all the best advice and don’t have to approach it in your own head, you're a long way there.” [1:20:31]“If you can get past your ego barrier and you get past your blind spot barrier you can accomplish anything.” [1:21:45]“For God’s sake don’t be overly opinionated. Just because you have that opinion doesn’t mean that it’s true.” [1:23:11]“If you want your life to be successful you will not let yourself do certain things because you’re just no good at them.” [1:31:37]Follow Ray Dalio:Website.
Hijacking and Murder in Global Shipping’s Grim Underbelly
In July 2011, the oil tanker Brillante Virtuoso was drifting through the treacherous Gulf of Aden when a crew of pirates attacked and set her ablaze. When David Mockett, a maritime surveyor, inspected the vessel, he was left with more questions than answers. Soon after his inspection, Mockett was killed in a car bombing.
Storylines follows Bloomberg reporters as they uncover some of the biggest financial crimes of the modern era. We bring you insights and analysis from business, science, and technology experts who are shaping our future. We’re home to Hello World, Giant Leap, Storylines, and the series powering CityLab, Bloomberg Businessweek, Bloomberg Green, and much more.Subscribe for business news, but not as you've known it.
General Petraeus: Putin is desperate and in an irreversible situation | DW News
Four Star General Petraeus told DW that Ukraine should become a NATO member after the war with Russia is over. The success of some kind of Marshall Plan for Ukraine needs a security guarantee, otherwise it will not succeed." He doesn't see any changes after the midterms regarding support from the US. "The midterms will not change this.
There will be enough support no matter who controls which house."He said, "Putin is in a very desperate situation which is irreversible for him if the US and other NATO members continue to provide the support."Asked about the possible use of nuclear weapons he said. "The use of tactical weapons would actually not reverse Russia's fortunes on the battlefield. It would be very destructive, very lethal in a specific area on that battlefield, but it would not reverse this reality that confronts Russia.
And that is the new development."Asked about when the war might be over, he said that one of the factors he is watching most closely has to do with "Russian morale and does individual soldiers, do small units, do large units surrender or meld away, collapse. This is going to be a tougher winter for Russian soldiers than it will be for the Ukrainians. The Ukrainians are on their own soil with a very supportive citizenry around them.
Doing whatever they can to support. The Russians are in areas where the citizens hate them.
UK Bond Market Meltdown - Bank of England Intervenes
This live stream is in response to today's announcement by the Bank Of England (BoE). This is a critical announcement as it is an attempt to stop contagion triggered by the severe fall in UK government bonds. In this live stream, I will discuss the problems that we face, what the Bank is doing and why.If you want to learn more about investing then why not become a pensioncraft.com member.
Ramin does not provide recommendations and is not responsible for investment actions taken by viewers. Figures that are quoted refer to the past and past performance is not a reliable indicator of future results.
Is home ownership the Great Australian Dream, or nightmare? | The Context | ABC News
As interest rates go up again, John Barron looks at if the Great Australian Dream of owning your own home has actually become a nightmare. Plus, what do tulips have to do with cryptocurrencies. Watch more from #TheContext with John Barron.
How have Australian attitudes to home ownership changed over the years. 17:31 Interview with Dr Lois C Towart, property academic and qualified valuer22:47 Is the current cryptocurrency boom comparable to the peak of Dutch “Tulip Mania” in the 1600s.
Bank of England intervenes in bond market to halt crash
Many central banks in Asia have been forced into the market to arrest their slumping currencies. Asian currencies have been extending declines, having already tumbled this year as rate hikes by the US Federal Reserve bolster the greenback, and investors have been gripped by fears of a recession. Meanwhile, Britain may be teetering on the brink of something worse.
The Bank of England is the latest to intervene.
What will be the fallout after sharp drop in sterling? | Inside Story
The fall is raising concerns about the UK's economy and its appeal to international investors. The new British government unveiled major tax cuts based on borrowed money, and many are concerned about the amount that is needed. That has led to days of volatility in the value of sterling and undermined its status as a reserve currency.
What is the fallout on an already struggling economy, both in the UK and outside. Hazem Sika Guests Vicky Pryce, chief Economic Adviser at the Centre for Economics and Business Research Jonathan Lis, Political Commentator Brian Lucey, Professor of International Finance and Commodities at Trinity Business School Subscribe to our channel.
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