Author: Press Room

George Santos may be raking in fat stacks of cash on the Cameo platform.But the scandal plagued politician really hopes he doesn’t have to go to jail.”I think everybody should be afraid of going to jail. It’s not a pretty place,” he told CBS.  Loading Something is loading. Thanks for signing up! Access your favorite topics in a personalized feed while you’re on the go. download the app George Santos may be raking in big bucks with his Cameo appearances, but the former congressman is worried about going to prison.”Are you afraid of going to jail?” CBS New York’s Marcia…

2/2 © Reuters. FILE PHOTO: Prime Minister Rishi Sunak during a press conference in the Downing Street Briefing Room, as he gives an update on the plan to “stop the boats” and illegal migration in London, Britain December 7, 2023. James Manning/Pool via REUTERS/File Phot 2/2 By Andrew MacAskill LONDON (Reuters) – Prime Minister Rishi Sunak faces the most dangerous moment of his premiership this week, when he is due to appear before a COVID-19 inquiry and must win a crunch vote in parliament on his plan to revive a policy to send asylum seekers to Rwanda. Just over a…

© Reuters. SYDNEY – Traditional media outlets in Australia are facing a significant challenge as retail giants like Woolworths and Coles shift their advertising budgets towards their own retail media networks. Morgan Stanley analysts have projected that by 2027, around $1.1 billion could be redirected from conventional media budgets, impacting revenues for TV, radio, and outdoor advertising sectors. The financial institution has adjusted share value targets for major media corporations, taking into account the potential revenue drop due to the rise of retail media networks such as Woolworths’ Cartology and Coles’ Coles360. These platforms are set to draw funds away…

© Reuters. File photo: Employees assemble different parts onto a car panel at the manufacturing plant of Maruti Suzuki in Manesar, in the northern state of Haryana, India, September 26, 2023. REUTERS/Anushree Fadnavis/File photo By John Kemp LONDON (Reuters) – India has been the world’s fastest-growing major economy in the last two years and is forecast to retain the top spot in 2024 as the urbanisation and industrialisation process reaches the rapid take-off phase. Real gross domestic product is forecast to increase more than 6% in both 2023 and 2024, according to the International Monetary Fund (“World economic outlook”, IMF,…

President Joe Biden has announced he is welcoming Ukrainian President Volodymyr Zelenskyy for a meeting at the White House on Tuesday, December 12.In a statement issued by White House Press Secretary Karine Jean-Pierre. the meeting is set to highlight the United States “unshakable commitment” to supporting the people of Ukraine as they defend themselves against Russia’s brutal invasion.”As Russia ramps up its missile and drone strikes against Ukraine, the leaders will discuss Ukraine’s urgent needs and the vital importance of the United States’ continued support at this critical moment,” Jean-Pierre announced.This visit comes just days after Deputy Pentagon Press Secretary Sabrina Singh called on Congress to…

Bill Ackman is reiterating his calls for Harvard and MIT’s presidents to resign.UPenn’s Liz Magill has resigned after alumni and donors panned her congressional testimony.Ackman earlier called for the presidents of the three universities to “resign in disgrace.” Loading Something is loading. Thanks for signing up! Access your favorite topics in a personalized feed while you’re on the go. download the app One down, two to go. Bill Ackman appears to have a scorecard tracking which college presidents lose their jobs for their congressional statements on on-campus antisemitism, and now he’s training his full fire on the two university leaders who…

Donald Trump said he will not appear in court on Monday to testify in the civil fraud trial brought by the New York attorney-general.“I have already testified to everything & have nothing more to say . . . I will not be testifying on Monday,” the former president on wrote on Sunday on social media in all capital letters. The judge has concluded that Trump, who has already testified in the trial, committed fraud by inflating his net worth to secure bank loans and insurance policies for the Trump Organization on favourable terms.The court must now decide whether the ex-president should pay penalties…

© Reuters. File photo: A member of staff works on a car production at the Morgan Motor Company factory in Malvern, Britain, May 12, 2023. REUTERS/Andrew Boyers/File photo By William Schomberg LONDON (Reuters) – Britain’s struggling factories are seeing some signs of recovery, helped by a long-awaited burst of restocking and a pickup in export orders that could help the sector in a challenging 2024, a manufacturing trade body said on Monday. Make UK said factories raised output at three times the pace of growth in orders in the final three months of 2023. That represented the greatest degree to…

© Reuters. Investing.com– Most Asian stocks rose on Monday, albeit marginally, as investors hunkered down before a string of key central bank meetings this week, while Chinese shares plummeted on continued signs of disinflation in the country.    Regional markets took positive cues from Wall Street, after U.S. stock indexes rose on Friday following stronger-than-expected . The reading pointed to some resilience in the world’s largest economy, although it also saw traders pricing fewer chances of early interest rate cuts by the Federal Reserve.   were flat on Monday.  Japan’s was the best performer among its peers, up 1.6% as it recovered…

© Reuters. Investing.com– Oil prices rose slightly in Asian trade on Monday as data released last week showed some resilience in the U.S. economy, although traders were largely on edge before a string of central bank meetings this week, most notably the Federal Reserve.  Crude prices were nursing seven straight weeks of losses after disappointing production cuts by the Organization of Petroleum Exporting Countries and allies, while weak economic prints from top importer China also raised concerns over demand.  But this was somewhat offset by strong U.S. data on Friday, which presented the labor market as among the few bright…