Us treasury secretary janet yellen called the downgrade arbitrary and said Economic Conditions had improved under the biden administration. The news of the downgrade came after the close of trade on wall street but in asia investors have been pulling out of equities in reaction. Lets look at markets now in asia. Japan is currently down by over 2 . Hong kong not that far behind. This was off the back of yesterday, and most of this week we have seen the sharemarket, certainly wall street and asia having a strong session but this is certainly spooked sentiment. Lets discuss this with tom stevenson, whos an Investment Director at fidelity. Good morning. Janet woody allen saying this is arbitrary. I have her statement janet yellen and she said she strongly disagrees and says it is based on outdated data. That is based on outdated data. That is riuht. Is based on outdated data. That is right it is based on outdated data. That is right. It seems is based on outdated data. That is right. It s
with a third missing more than a month of teaching, according to a new report. housing charity shelter blamed what it described as total inaction from the government for the numbers of young people in traumatic living arrangements. the government says it increased local housing allowance significantly during the pandemic, and is delivering more affordable homes. here s our social affairs correspondent, michael buchanan. it s barely 6:30am, and isaiah is heading to his childminder. ..while his brother coby begins the journey to school. single mum lily is heading to work as a nurse, hence the early start. we used to walk to school every single day from our old house. but that all changed when they were made homeless in september, after the landlord sold the property. now the commute can take up to 45 minutes. if i could get us housed near his school, that s my main goal. this is where they re currently living, all three sharing a one bed flat. it s temporary accommodation.
Launching their campaigns for the weeks to come and setting their pitch to voters. Political correspondent harry farley has this report. The campaign is off to a jet setting start. Rishi sunak met supporters in a Biscuit Factory in derbyshire before a trip to a brewery in barry and then to inverness, where he highlighted signs that he says the economy is turning a corner. Inflation has returned to normal. Wages have been rising faster than prices. The economy is now growing at a healthy rate. And thats why now is the right time to talk about our future. And my view is we need to have leadership that can provide a clear plan, take bold action to deliver a secure future for everyone in scotland and across the country, especially in these uncertain times. Sir keir starmer will also be in scotland later, as the campaigns spread across the length and breadth of the uk. The cost of energy will be a point of division today, with labour promising to bring down energy bills for good. You vote l
Welcome to our favorite issue of the year, The Triad’s Best! As many of you may know, this is our biggest issue all year, and something we spend several months