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01.04.26 - 01:36
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Want to boost the UK′s birthrate? Fix the housing crisis, research suggests (The Guardian)
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Policymakers should address financial barriers that hinder young people from starting families, says thinktank Politicians hoping to persuade young people in the UK to have more children should prioritise tackling housing affordability, according to research by the Resolution Foundation thinktank.There has been growing concern in recent years about Britain's declining birthrate, given the long-term fiscal pressures of supporting an ageing population. Continue reading......
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31.03.26 - 22:48
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35,000 pints of stolen Guinness, 950 wheels of pilfered cheese: can the UK′s cargo theft crisis be stopped? (The Guardian)
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It costs the UK economy £700m a year, and criminal gangs are operating with near impunity. Every time a lorry gets robbed, raided or hijacked, it's Mike Dawber who investigatesIn August 2021, Mike Dawber, the UK's leading detective in cargo crime, got a call from officers in Bradford CID. They were planning to search two warehouses that contained, in their words, an awful lot of suspicious goods. This was a job that required Dawber's expert eye. He drove an hour from his home, in the unmarked police car that doubles as his office, and arrived to discover the description barely did it justice.As soon as he walked in to the first warehouse, he noticed 17 pallets of golfing equipment. They had, he knew, been stolen three weeks before from a truck at Lymm motorway services, just outside Manchester. He reckoned they were worth about £1m. As Dawber continued his survey, he came across 18 pallets of Asics trainers, stolen three years before, at Warwick services. Then 14 pallets of lawnmowers: five years bef...
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31.03.26 - 20:06
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Oracle Firing Tens Of Thousands As CDS Explodes To Financial Crisis Record (ZeroHedge)
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Oracle Firing Tens Of Thousands As CDS Explodes To Financial Crisis Record
Two months ago, when ORCL announced it would raise $50 billion in a combination of stock and bonds to ease market fears about its soaring funding costs and lack of actual revenues and "to build additional capacity to meet the contracted demand from the company's largest cloud customers, including Advanced Micro Devices, Meta Platforms, Nvidia, OpenAI, TikTok and xAI" we said that this latest example of financial engineering, which perhaps most importantly was meant to push its soaring Credit Default Swap lower, was doomed to fail.
We didnt have long to wait: since the Feb 1 announcement, the stock has tumbled to fresh multi year lows...
... but the big risk is that despite the company's best equity-diluting intentions, ORCL 5 Year CDS just hit the widest on record, a level first (and only) seen during the global financial crisis.
This is a problem because despite Larry Ellison's best efforts to convince ...
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31.03.26 - 16:01
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Energy Crisis: Gas Tops $4 a Gallon in US (Bloomberg)
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Gas prices in the US keep surging. The nationwide average has now topped $4 a gallon for the first time since August 2022 due to the war with Iran. Bloomberg's Julian Lee reports. (Source: Bloomberg)...
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