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UK inflation jumps to 10.4%, surprising analysts

Published Fri, 22 Nov 2024 04:53:38 GMT

LONDON (AP) — Britain’s inflation rate rose for the first time in four months in February, surprising analysts and increasing pressure on the Bank of England to raise interest rates at its meeting on Thursday.The consumer price index jumped to 10.4% in the 12 months through February from 10.1% the previous month, as high energy prices continued to squeeze household budgets, the Office for National Statistics said Wednesday.While economists expect prices to drop rapidly later this year, inflation is more than five times higher than the Bank of England’s 2% target.The central bank will weigh the need to control inflation against concerns about the fallout from global banking troubles when it decides whether to raise interest rates on Thursday. The bank has approved 10 consecutive rate increases since December 2021, pushing its key bank rate to 4%.Michael Hewson, chief analyst at CMC Markets UK, said he expects the Bank of England to raise rates by at least a quarter of a percentage po...

March Madness Mix: Dominant Gamecocks amid Sweet 16 parity

Published Fri, 22 Nov 2024 04:53:38 GMT

COLUMBIA, S.C. (AP) — South Carolina is keenly aware that everyone remaining in the women’s NCAA Tournament field is coming after the undefeated Gamecocks — and hard.That conviction has been boosted after two of the top four seeds in Indiana and Stanford were ousted — something that hasn’t happened since 1998. If they didn’t before, each of the Sweet 16 teams believe they can knock out the defending national champions, no matter how dominant the Gamecocks have been. It makes for good theater — which is good for the sport.Rebecca Lobo, the former UConn star turned ESPN analyst, calls South Carolina’s dominance combined with Sweet 16 parity “an interesting dichotomy.”“It’s like parallel paths, you have this overwhelming favorite to win it all, yet you have UConn losing to Marquette or Stanford losing in the second round,” she said. “It’s an interesting time for women’s basketball.”South Carolina with its 40 straight victories isn’t concerned about history, rati...

Ukraine says eastern town of Avdiivka could become 'second Bakhmut'

Published Fri, 22 Nov 2024 04:53:38 GMT

Ukraine announced on Monday (20 March) that the eastern city of Avdiivka could soon be a "second Bakhmut", a small town where its forces have held off against Russian invaders for eight years but are at risk of being completely encircled.The Battle for Bakhmut, in the industrial Donbas, was one of the most fierce of the almost 13-month-old war in Ukraine. It has drawn comparisons to World War One trench warfare.According to the commander of Ukraine's ground troops, Moscow's forces attempted to encircle Bakhmut last week in an offensive that had not made any major breakthroughs.The spokesperson for Ukraine's Tavria military commande said Monday that he agreed to an assessment made by British Defence Intelligence, that Russia was increasing pressure on Avdiivka's supply lines, just as it did around Bakhmut."The enemy is always trying to encircle Avdiivka. Oleksiy Dmytrashkivskyi, a spokesperson for the UK, said that he agreed with his colleagues in the UK that Avdiivka could soon be t...

Dear Abby: My husband said I’m insanely jealous to object to his ‘political discourse’ with this woman

Published Fri, 22 Nov 2024 04:53:38 GMT

DEAR ABBY: I just found out my husband and our female friend of 18 months have been texting each other.According to my husband, it’s about politics. He and I don’t share the same political views, and he says he has nobody to talk to about politics. I don’t understand why he doesn’t talk about politics with his male friends.I find it suspicious that neither my husband nor this “friend” ever mentioned they were communicating with each other. I think he is going outside our marriage seeking validation from another woman. When I said it, he called me crazy, immature and insanely jealous. I’m not.I think he’s endangering our marriage, because things can start innocently and he’s seeking something I can’t give him.He knew my political affiliation before we married. Our marriage barely survived the last presidential election. Now this. Can I have some advice, please?UNEASY IN FLORIDARelated ArticlesAdvice | Ask Amy: Am ...

Single family residence sells for $2.3 million in San Jose

Published Fri, 22 Nov 2024 04:53:38 GMT

1332 Crestwood Drive – Google Street ViewA 2,795-square-foot house built in 1957 has changed hands. The spacious property located in the 1300 block of Crestwood Drive in San Jose was sold on Feb. 17, 2023 for $2,300,000, or $823 per square foot. The property features four bedrooms, three bathrooms, a garage, and two parking spaces, as well as a pool in the backyard. The unit sits on a 6,200-square-foot lot.Additional houses have recently changed hands close by:A 1,794-square-foot home on the 1300 block of Whitegate Avenue in San Jose sold in June 2022 for $1,750,000, a price per square foot of $975. The home has 3 bedrooms and 3 bathrooms.On Redcliff Drive, San Jose, in August 2022, a 1,476-square-foot home was sold for $1,660,000, a price per square foot of $1,125. The home has 3 bedrooms and 2 bathrooms.In September 2022, a 1,800-square-foot home on Picadilly Drive in San Jose sold for $1,750,000, a price per square foot of $972. The home has 4 bedrooms and 3 bathrooms. 

Boris Johnson and Liz Truss to vote against Rishi Sunak’s Brexit deal

Published Fri, 22 Nov 2024 04:53:38 GMT

LONDON — Former prime ministers Boris Johnson and Liz Truss will vote against the U.K.-EU deal on post-Brexit trading rules in Northern Ireland — in a blow to Rishi Sunak’s efforts to unite his Conservative Party behind the agreement.In a statement issued to POLITICO London Playbook ahead of the deal’s first parliamentary vote Wednesday, Johnson said Sunak’s Windsor framework “is not acceptable.”He warned the deal would either leave Northern Ireland “captured by the EU legal order” or mean that “the whole of the U.K. was unable properly to diverge and take advantage of Brexit.”“That is not acceptable,” he said. “Instead, the best course of action is to proceed with Northern Ireland Protocol Bill, and make sure that we take back control.” Johnson was referring to a since-shelved U.K. plan to unilaterally override the contentious Northern Ireland protocol — which kept the region bound to EU standards on goods.A statement from Truss...

South Korea says North Korea test-fires cruise missiles

Published Fri, 22 Nov 2024 04:53:38 GMT

SEOUL, South Korea (AP) — North Korea launched multiple cruise missiles toward the sea on Wednesday, South Korea’s military said, three days after the North carried out what it called a simulated nuclear attack on South Korea. The launches are the North’s fourth round of weapons tests since the U.S. and South Korean militaries last week began large-scale military drills that the North views as an invasion rehearsal. The 11-day U.S.-South Korean military drills are to end on Thursday. But North Korea is expected to continue its testing activities as the United States reportedly plans to send an aircraft carrier in coming days for another round of joint drills with South Korea.South Korea’s Joint Chiefs of Staff said it detected “several” cruise missile launches made from the North’s northeastern coastal town of Hamhung. It said the missiles flew into the North’s eastern waters and that South Korean and U.S. intelligence authorities were analyzing further details. Coming o...

Japanese beating Americans in baseball is must-see viewing

Published Fri, 22 Nov 2024 04:53:38 GMT

TOKYO (AP) — Japanese television stuck to its live coverage from Miami for almost two hours after Japan defeated the United States 3-2 to win the World Baseball Classic.This was must see viewing — over and over and over.Shohei Ohtani striking out Los Angeles Angels teammate Mike Trout on a pitch away to end the game was replayed repeatedly between player interviews, beer-sprayed clubhouse interludes, and the traditional “doage” — team members tossing the winning manager and players into the air.The country’s top circulating newspaper Yomiuri rolled out a special Wednesday afternoon edition for commuters, usually reserved for serious matters of state, late-breaking election news, or as it was last year — the assassination of former Prime Minister Shinzo Abe.“Japan, the World’s No. 1,” the headline read in Japanese, with commuters at Shibuya station pushing and shoving to grab the collector’s item.The victory and the focus on Ohtani for the past two weeks provi...

In The News for March 22 : A spring renewal for Canada’s housing market

Published Fri, 22 Nov 2024 04:53:38 GMT

In The News is a roundup of stories from The Canadian Press designed to kickstart your day. Here is what’s on the radar of our editors for the morning of March 22 …What we are watching in Canada …Realtors are expecting Canadians to move off the housing market’s sidelines this spring.They expect potential buyers to start hunting for a home because the Bank of Canada has eased up on interest rate hikes. The quick succession of increases eroded buying power as borrowing costs rose and sent prices falling, discouraging sellers from listing their homes.With Canadian Real Estate Association data showing average prices have dropped 19 per cent from their February peak of $816,578 to $662,437 last month and BMO Capital Markets’ chief economist predicting they will bottom out after falling 20 to 25 per cent, realtors see many edging toward a purchase once more.“We got a flood of buyers in January, in February and we still are getting more and more and we s...

Transportation Safety Board to report on 2020 scallop vessel sinking off Nova Scotia

Published Fri, 22 Nov 2024 04:53:38 GMT

HALIFAX — The Transportation Board of Canada is to release a report today on its investigation into the sinking of a scallop dragger off Nova Scotia more than two years ago.The Chief William Saulis capsized off Delaps Cove, about 50 kilometres north of Digby, N.S., on Dec. 15, 2020, with the loss of its six-man crew.The bodies of Eugene (Geno) Michael Francis, Aaron Cogswell, Leonard Gabriel, Dan Forbes and captain Charles Roberts were never recovered.The body of crew member Michael Drake was swept up on the rocky shoreline.The safety board report is expected to examine why there was no stability assessment required for the 17-metre vessel, whose operators had added a steel A-frame for trawling and made other structural changes.Transport Canada has said a stability assessment wasn’t required when it conducted an inspection in April 2017 — three months before regulations requiring assessments for vessels with major modifications came into effect.This report by The Canadian Press was ...