Remember thatjust like most americans who have credit records when they want to borrow money and find out how much debt they can take on, the Us Government also gets a credit rating. When it gets downgraded like this, the potential long term effect as it could push up the cost for the Us Government of borrowing money, and in turn that might long run push up taxes, it could mean less spending by the government and could mean fewer government and could mean fewer government programmes in the future. We are not there yet, but that is the underlying fear. If you look at what they are trying to address here in this downgrade, or one of the concerns they cite, it is a problem that exists both in the past but also in the future, and that is rising Us Government debt. At the moment Us Government debt stands at in excess of 30 trillion and it is expected to exceed the total size of the us economy at some point. With that in mind, with this problem in sight, and with the political disunity we ha
to an end last night. gareth bale s deflected strike was enough to give them the win over ukraine and a reason for wild celebrations on and off the pitch. to do what we ve done for this nation, put them on the world stage, the world map. everything we do for the world map. everything we do for the fans, and that is what we have tried to do for them. a perfect storm for renters. there s been a big rise in rents and a drop in the number of properties available we ll take a look at what s going on. hello from the british normandy memorial were today commemorations will take place to mark 78 years since d day. and for the first time, veterans will be able to come here on this day to remember their fallen comrades. good morning. we have a wet start to the day across central and eastern england, that will then clear and for most of us it will be cloudy with some showers. the exception for thatis with some showers. the exception for that is scotland, where once again it will be su
It faces fierce domestic competition in china along with softer demand. Remember, tesla is not just a car company. It is an Autonomous Driving and robotaxi company with massive amounts of data needed to train its algorithms and fine tune the system. Meanwhile, apple has seen iphone sales fall in china and that will be in focus when it reports Quarterly Results after the us market close on thursday, as will any announcement it makes on Artificial Intelligence. Another stock that has the power to move markets this week is amazon which turns in its report card later today. The tech giant is under under pressure to pay shareholders a dividend. It is the only Big Tech Firm that doesnt after alphabet did it last week. Traders are also keeping a watchful eye on the Federal Reserve chairjerome powell. The muddled Inflation Picture has some asking if rate cuts have been cancelled or delayed. The fed is expected to leave Interest Rates unchanged when its Policy Meeting ends on wednesday. As we m
For the Electric Car Maker facing fierce domestic competition along with slighter demand. This is Notjust A Car company, it is not time the striving of rubble taxi company with massive amounts of data to train its algorithms and fine tune the systems. Meanwhile, apple has got an iphone sales for china and ill be in focus and albion focused new reports on Quarterly Results after the us market close on thursday and after that, intelligence. Another stocked as the power to move markets is amazon which its reports later on today, The Tech Giant is under pressure and offers a dividend, it is now the only Big Tech Firm that doesnt offer this is out of the bed did it last. Traders are also keeping a watchful eye on rome powell, the Inflation Picture as some asking if cuts are cancelled or simply delayed. It is widely expected to leave Interest Rates unchanged further on wednesday. As we mentioned, apple is facing challenges in china. The latest findings from Research Firm canalys show that ap
A listing of 36 news and opinion articles we found interesting and shared on social media during the past week: Sun, March 17, 2024 thru Sat, March 23, 2024.
Story of the week
Thanks to John Mason having the stamina to sit down to watch Climate - the Movie and jotting down several pages worth of notes on Friday morning, we were able to quickly put together a blog post debunking the many false and misleading claims made in the film. The first 42-odd minutes of this 80 minute long festival of misinformation are dedicated to The Science . But instead of that, what one is exposed to is a veritable Gish-gallop of climate myths, with the phrase, we are told liberally scattered among them. In addition to a list of the 25 myths identified by John, we also checked them off on our myth rebuttal chart, available for occasions like this. It makes for a neat sharable graphic driving home the point of how much is wrong with the item debunked.