Britain Enjoyed Plenty of Gold Meda...

The United Kingdom's athletes for the Rio Olympics are picking up speed in racking up medals against the rest of the world. While the highest r...

Crisis-Hit Banks in Europe Will Neg...

Europe's biggest banks can possibly induce a global financial meltdown in just a few more weeks. With Italian financial firms inducing worry, the grow...

Lindsay Lohan Believes Suicide Squa...

Lindsay Lohan has no beef towards the actors, producers and the staff of Suicide Squad. But in her Instagram post -- which she shortly deleted, Lindsa...

Conservative Party to Start Voting ...

After British Prime Minister David Cameron had stepped down as leader of the UK's Conservatives, the new round of voting for the new leader is about t...

Britain Enjoyed Plenty of Gold Medals in Rio 2016

The United Kingdom’s athletes for the Rio Olympics are picking up speed in racking up medals against the rest of the world.

While the highest record of 65 medals was held during the London Olympics in 2012, today’s team is about to beat it with about 50 medals in tow.

Laura Trott and Jason Kenny both won gold in Cycling. Meanwhile, in the Women’s Sprint, Rebecca James and Katy Marchant took silver and bronze. Gymnasts Amy Tinkler and Nile Wilson had won bronze, which brings about 50 medals in Great Britain, making the country the second in the table of medals.

Kenny, equalled Sir Chris Hoy’s British record of six gold medals and looks certain to pull clear because at the age of 28 he could have two more Olympics left in him. He held his nerve after the keirin was restarted twice because of alleged infringements by riders.

Gymnast Tinkler faces getting her GCSE results when she returns home but will go back to school with a bronze medal around her neck after the youngest member of Team GB also became the country’s youngest medallist for 32 years, since 15-year-old swimmer Sarah Hardcastle in Los Angeles.

Tinkler stood on the podium with the winner of the floor exercise, Simone Biles of the US, regarded as one of the greatest gymnasts of all time. Tinkler was  given special permission by South Durham High School to sit her GCSEs over three years.

Source

Crisis-Hit Banks in Europe Will Negatively Affect World Economy

Europe’s biggest banks can possibly induce a global financial meltdown in just a few more weeks. With Italian financial firms inducing worry, the growth of the global economy could potentially be revised don for the following year to 3.3 per cent from 3.5 per cent.

Research from the National Institute of Economic and Social Research (NIESR), the Eurozone’s outlook could have it take the largest hit. Britain’s Brexit has added to the reduced forecasts.

Italy’s own banking system is weaker and appears to be more fragile according to the report.

Dr Angus Armstrong, director of macroeconomics at NIESR, said: “Balkanisation of EU finance comes at a time of financial fragility in the Eurozone banking system.

“This has added to the financial pressure on some of the largest European banks and the whole banking sector in Italy.

“As a consequence, growth in the Eurozone is revised down from 1.7 to 1.3 per cent in 2017.”

According to Chief Market Analyst of CMC Markets UK Michael Hewson:

“Investors are slowly realising that with every spin of the central bank policy chamber the magazine is getting emptier, and in the absence of any will or ability of politicians to step up, central bank policy will continue to move into the realms of the more experimental with every passing day.

“If last week’s European bank stress tests were designed to bolster confidence in the European banking sector it is becoming quite clear that they have failed abysmally.

“Far from boosting confidence they appear to have helped undermine it by focussing attention on what wasn’t tested,

Lindsay Lohan Believes Suicide Squad is About “Hurting People”

Lindsay Lohan has no beef towards the actors, producers and the staff of Suicide Squad. But in her Instagram post — which she shortly deleted, Lindsay explained the movie was helping to hurt people rather than “helping the world.”

In her hashtags is the story of her argument. These include ‘#nice #bless #turkey #staysafe’ with the words ‘a suicide squad story is not helping the world but hurting people. Anger is not the answer for peace.’

The post was deleted shortly after it was posted. While it didn’t draw much controversy, it showed Lohan’s disgust for violent films.

It can be recalled that Lindsay Lohan starred in a Robert Rodriguez film starring Danny Trejo as Machete. She had posed as a violent nun. This may nullify her claims.

But Lindsay raises a proper point regarding the shooting in Nice. But she may be implying that violence in film and arts are influencing today’s children and even adults to see that violence is okay.

Suicide Squad, a DC Comics series pertaining to the supervillains of the DC universe fighting together to save the United States from imminent international threat in exchange for lower sentences, is to hit the screens the following quarter this year.

Conservative Party to Start Voting For New Leadership

After British Prime Minister David Cameron had stepped down as leader of the UK’s Conservatives, the new round of voting for the new leader is about to begin.

UK Home Secretary Theresa May is currently leading as a favourite among Tory MPs. Behind her is Energy Minister Andrea Leadsom.

Along with them is Michael Gove, Stephen Crabb and Liam Fox, all hoping to succeed David Cameron’s position.

Meanwhile, London Former Mayor Boris Johnson who had campaigned heavily for vote leave has declined his race to Conservative Leadership and run to Prime Minister. The step-down is controversial as Michael Gove declared Johnson “unfit” to lead the new Britain.

On Monday, the candidates made their causes clear to members why they are the next Conservative leader during parliamentary hustings.

Mrs May made clear her cause is to make EU nationals in Britain to be part of the negotiations before the UK declares Article 50 of the Lisbon Treaty.

Mr Gove and Mrs Leadsom said the EU should have their right to stay protected in the United Kingdom.

Mr Johnson backed Mrs Leadsom as being “kind and trustworthy” and has the drive to deliver what the Brexited Britain needs.

Orland Shooter’s Wife May Face Additional Charges

Omar Mateen, the shooter of Orlando Nightclub Pulse that killed 49 individuals, may have his wife involved in his posthumous conflict.

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Noor Salman did not want to cooperate with police upon investigating his actions in the gay bar at Pulse.

US prosecutors had convened a grand jury to investigate Mrs Salman.

Early reports from police said she tried to thwart her husband’s shooting spree in the Pulse nightclub.

Noor Salman faces about 49 counts of murder and 53 counts of attempted murder. This is in proportion to the 49 killed and 53 wounded by Mateen during the attack. Salman has yet to be arrested.

According to a source, Mrs Salman may have been calling and communicating with shooter while inside the nightclub.

US Senator Angus King, a member of the Senate Intelligence Committee which received a briefing on the investigation, told CNN that “it appears she had some knowledge of what was going on”.

“She definitely is, I guess you would say, a person of interest right now and appears to be co-operating and can provide us with some important information,” he added.

According to US media, Salman had gone with Omar Mateen to buy ammunition. It was also said that she had driven him to the nightclub on a previous occasion for surveillance.

Corporate Infiltrations and Espionage Caused By Faulty Passwords

According to tech giant Microsoft, it would be banning “easy” passwords such as “123456” and “password” in its database. This is to aid and prevent the increasing numbers of hacking in the modern world of telecommunications.

A Microsoft blog post indicated that 10 million accounts are attacked daily because of faulty and weak passwords.

Now, the brand is developing new algorithms that would make it mandatory to create a difficult-to-guess password for the security of not just accounts but also for corporate accounts.

It would be compiling a “banned password” database. The information on this database hasn’t been revealed yet.

In a world where passwords are the last line of defence for credit cards, bank accounts and other databases carrying sensitive information.

Movie titles are also banned in the password hitlist.

Cybersecurity experts said using different passwords for different accounts rather than having a master key could help avoid incidents of hacking. When one site is cracked, the same password can be used to hack other accounts.

The announcement comes timely after a group nicknamed “Lazarus” had infiltrated several known banks all over the world.

“Accelerated” Drug Research Urged By Influential Study

According to the Review on Antimicrobial Resistance in mid 2014, about one million people have died from infections coming from common diseases.

The review said that medicine is “being cast back into the dark ages” as superbugs would be capable of killing someone every three seconds by 2050 unless governments and the world act to prevent it.

According to the study, infections are becoming greatly resilient against known drugs. The “battle” has the world’s best drugs lose rapidly and is becoming a “risk as big as terrorism.”

The study highlighted a new strain of bacteria that could resist colistrin – the world’s most potent drug of last resort.

The review recommends the following:

  • An urgent and massive global awareness campaign as most people are ignorant of the risks
  • Establishing a $2bn ($1.4bn) Global Innovation Fund for early stage research
  • Improved access to clean water, sanitation and cleaner hospitals to prevent infections spreading
  • Reduce the unnecessary vast antibiotic use in agriculture including a ban on those “highly critical” to human health
  • Improved surveillance of the spread of drug resistance
  • Paying companies $1bn (£0.7bn) for every new antibiotic discovered
  • Financial incentives to develop new tests to prevent antibiotics being given when they will not work
  • Promoting the use of vaccines and alternatives to drugs

Lord Jim O’Neill, the economist who led the global review, told the BBC: “We need to inform in different ways, all over the world, why it’s crucial we stop treating our antibiotics like sweets.

“If we don’t solve the problem we are heading to the dark ages, we will have a lot of people dying.

“We have made some pretty challenging recommendations which require everybody to get out of the comfort zone, because if we don’t then we aren’t going to be able to solve this problem.”

UK Manufacturing Is Down For The First Time in Three Years

Britain’s manufacturing industry continues to struggle as it goes in line with its contraction in 2013.

With increasing uncertainty due to the EU referendum, businesses in the United Kingdom find themselves unable to answer properly about the longevity of their business plans.

This has led to a lower purchasing managers index to 49.2 in April following a Markit/CIPS survey. This is the lowest level in more than three years UK manufacturing had fallen.

Combined with lower oil and gas prices, the Pound Sterling and a weaker global outlook had caused major shock to industries in the United Kingdom.

Weaker consumer activities have analysts believe clients are putting projects on hold until the end of the referendum to avoid possible losses.

According to Chartered Institute of Procurement and Supply CEO David Noble, the atmosphere of deep unease is ever-present in different industries

According to Barclays Manufacturing Analysis Head Mike Rigby:

“Manufacturing was always on the cards that when growth in domestic demand, which has been supporting recovery, began to falter, the performance of UK manufacturing was going to look more vulnerable.”

According to IHS Global Insight Chief UK Economist Howard Archer the survey was worrying and disappointing the same time.

EY Item Club Senior Economic Adviser Martin Beck also said it introduced further causes of pessimism.

Obama Will Weigh In On Brexit’s Implications

US President Barack Obama is to weigh in on the Brexit’s global implications. A summary of his statement indicates that the UK’s desertion of the EU could mean losing a “special relationship” btween the two coutnries.

According to a statement by the US ambassador to London, the US administration is worried that “the UK might soon not count in Europe anymore.

Experts see that the UK is a bridge to Europe for America. According to Bill Clinton’s Treasury secretary Larry Summers, the Brexit would “be the most isolationist deed in the last century.”

According to Shadow Foreign Secretary Hillary Benn:

“The USA is a really important ally and one of our most important strategic and economic partners, so we should take what President Obama has to say seriously. The reason why the leave campaign are trying to attack him is because they fear what he might say about the UK’s place in the EU. The fact that there isn’t a single country wanting us to leave, apart probably from Russia, says a lot about the importance of membership to our future.”

Meanwhile, Vote leave said the White House is involved with the development of the Transatlantic Trade and Investment Partnership. With the influence of the United Kingdom, the United States can strengthen its goal of strengthening goals in the European Union for its multinational companies.

According to Global Justice Now:

“There’s a huge contradiction in Obama coming to the UK to support the remain campaign, and Obama coming to Europe to promote TTIP, the toxic trade deal between the EU and the UK. This massive corporate power grab being cooked up in Brussels is emblematic of what is wrong with Europe and is a big motivation for people to vote leave in June.”

About £1.76tn Could Be Wiped Off Global Financial Assets Due To Global Warming

The London School of Economics unveiled their research results showing how extreme weather temperature aided by destruction of small to large livelihoods can destroy the world’s economy by taking off £1.76trillion from the global economy.

Professor Simon Dietz, who piloted the study, said any investor thinking of investing into coal and -gas-fired power plants along with other carbon-emitting investments should think hard. The longevity of the plant extends far from economic need but rather the speed global warming is escalating globally.

Dietz recommends investors prolong a low-carbon world with proper pensions in place. He said a world economy unaffected by global warming is a fantasy. Dietz stressed the global climate can prove destructive and an inability to resuscitate the existing world economy.

Investors are still looking into new carbon-emitting power.

According to researchers, to meet the 2C target that would help slow down global warming, no new carbon-emitting power stations can be built anywhere in the world unless they are redesigned to use advanced carbon capture and storage mechanisms.

Carbon Tracker Initiative’s Mark Campanale said a minor global warming issue could trigger faster GDP losses.

The Bank of England had issued a warning to the G20 summit and the Financial Stability Board regarding the possibility of a global economic wreck with investor carelessness.