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BNP Paribas Cracks Down on Mining Clients With New Coal Policy
BNP Paribas Cracks Down on Mining Clients With New Coal Policy
BNP Paribas SA is imposing new financing restrictions as part of an updated policy around how to treat
2023-11-23 18:48
Australia's central bank chief will not be reappointed -media
Australia's central bank chief will not be reappointed -media
By Wayne Cole SYDNEY The head of Australia's central bank will not be reappointed for a second term
2023-07-14 07:52
Bitcoin Extends Losses as Global Jump in Bond Yields Deters Dip Buying
Bitcoin Extends Losses as Global Jump in Bond Yields Deters Dip Buying
Bitcoin added to losses racked up during the token’s worst week since November last year as the prospect
2023-08-21 16:28
US escalates Mexico corn trade spat with dispute panel request
US escalates Mexico corn trade spat with dispute panel request
By David Lawder WASHINGTON The United States on Thursday escalated its objections to Mexico's curbs on genetically modified
2023-08-18 02:15
US Commerce Secretary Raimondo pledges to be 'practical' in working with China
US Commerce Secretary Raimondo pledges to be 'practical' in working with China
US Commerce Secretary Gina Raimondo says she is visiting Beijing "with the spirit of being practical and finding concrete opportunities" to advance mutual interests at her Monday meeting with Chinese Commerce Minister Wang Wentao.
2023-08-28 10:53
Citi CFO says expenses will grow on Q2 as consequence of 1,600 headcount reduction
Citi CFO says expenses will grow on Q2 as consequence of 1,600 headcount reduction
NEW YORK Citigroup Inc in the second quarter will book severance costs associated with around 1,600 job cuts,
2023-06-15 03:45
Citadel Securities Hires Former BlackRock China Head Tang
Citadel Securities Hires Former BlackRock China Head Tang
Citadel Securities LLC hired BlackRock Inc.’s former China head Tony Tang to drive the company’s expansion in the
2023-07-31 12:18
Risky Bonds Decimated By Credit Suisse Implosion Are Booming Again
Risky Bonds Decimated By Credit Suisse Implosion Are Booming Again
A day that started with a blunt call to investors ended with incredulous fund managers at Algebris Investments
2023-11-29 13:55
Is the Hot Wheels Oceangate Titan sub toy real?
Is the Hot Wheels Oceangate Titan sub toy real?
If you thought the endless stream of tasteless social media posts about the Titan sub had finally run dry, you’d sadly be mistaken. TikTok, Facebook and Twitter remain awash with jokes, memes, and morbid questions about the Ocean Gate vessel, which claimed the lives of the five souls on board during a catastrophic journey down to the wreckage of the Titanic. The latest trend, when it comes to the tragedy, involves an unlikely third party: Hot Wheels. A search of “Ocean Gate Hot Wheels” on the popular apps throws up a number of images, purporting to show a miniature recreation of the submersible. Sign up for our free Indy100 weekly newsletter The special edition toy appears to come boxed in Hot Wheels-branded packaging, implying that you could pick up your own figurine online or from your favourite retailer. Indeed, the prospect has appealed to a number of (dare we say, sick?) commentators, who have responded with clamours that they “need” to get their hands on one. @iron.micro.garage In Memory Of the Titan Victims #hotwheels #mattel #oceangate #titan #titanic The problem there is… the toy doesn’t exist. Or, at least, not in a commercially available form and certainly not in any way endorsed by Hot Wheels, according to our research. Instead, it seems to be the brainchild of 3D printing nerds with too much time on their hands and too little thought for the victims’ families. One website is charging £3 for a design for a 3D printable model of the Titan. Meanwhile, TikTokers are touting their own digital versions, available to download in a JPEG format. Other social media users have suggested that the widely shared, and deceptive, pictures of the “Ocean Gate Hot Wheels” sub were inspired by existing toys. One such commentator posited that the sub bore an uncanny resemblance to a Minions “Grumobile”, from the film Despicable Me, which actually does exist in Hot Wheels form. @hitmonching #titanic #titanicmovie #titanicsinking #titanicchallenge #titanicsubmarine #titanicwreck #movie #minion #minions #grumobile #titanicmuseum #titanic2 #titanicmovie1997 #hotwheels #hotwheelscollections #hotwheelscollector #hotwheelsdaily #hotwheelshunter #hotwheelsracing #hotwheelscollection #toyhunt #toyhunter #toyhuntersph #philippines #mattel #disney #marvel #dc #dccomics #starwars #tmnt #batman #batmobile #spacejam #supermario #mariokart #justiceleague #avengers #spiderman #acrossthespiderverse #bentley #classic #90s #80s #70s #60s #chevy #mustang #lexus #mazda #honda #yamaha #bmw #jeep #bus #rollsroyce #tesla #vintagecars #camaro #btas #ferrari #shelby #pontiac #astonmartin #corvette #dodgers #mercedesbenz #xmen #hummer #dodgecharger #nissan #skyline #gtr #f1 #landrover #subaru #porsche #volvo #snoopy #barbie #greenhornet #pajero #quicknbite #dmc #delorean #toyota #nissan #van #corvette #koombi All we can say is, to anyone scouring the internet for their own Titan collectible, we recommend you get something else instead… It’s called a life. Need we remind you that five people lost their lives on that tiny submarine, and their loved-ones don’t appreciate your hideously tactless attempt at humour. Have your say in our news democracy. Click the upvote icon at the top of the page to help raise this article through the indy100 rankings.
2023-07-03 20:28
Netherlands Can Cut Schiphol Airport Capacity, Dutch Court Rules
Netherlands Can Cut Schiphol Airport Capacity, Dutch Court Rules
The Dutch government has won an appeal to shrink flights at Amsterdam’s airport for the coming season, in
2023-07-07 16:57
Biden reveals ‘new path’ to student debt relief after Supreme Court strikes down president’s plan
Biden reveals ‘new path’ to student debt relief after Supreme Court strikes down president’s plan
After the US Supreme Court struck down his administration’s plan to cancel federal student loan debts for millions of Americans, President Joe Biden has unveiled a “new path” for relief, one that he assured is “legally sound” but will “take longer”. In remarks from the White House on 30 June, the president hit out at Republican state officials and legislators who supported the lawsuit which enabled the nation’s highest court to strike down his student debt forgiveness initiative, accusing many of them of hypocrisy for taking money from pandemic-era relief programs while opposing relatively meager relief for student loan borrowers. “Some of the same elected Republicans, members of Congress who strongly opposed relief for students, got hundreds of thousands of dollars themselves ... several members of Congress got over a million dollars — all those loans are forgiven,” he said. “The hypocrisy is stunning,” he said. Accompanied by Secretary of Education Miguel Cardona, Mr Biden opened his remarks by acknowledging that there are likely “millions of Americans” who now “feel disappointed and discouraged or even a little bit angry about the court’s decision today on student debt”. “And I must admit, I do too,” he said. Still, Mr Biden reminded Americans that his administration has previously taken actions to reform student loan repayment programs to make them easier to access, and to keep borrowers from spending more than five per cent of disposable income on monthly repayments, and to strengthen loan forgiveness options for borrowers who take public service jobs. The president has directed Mr Cardona to “find a new way” to grant similar loan relief “as fast as we can” in a way that is “consistent” with the high court’s decision. On Friday, the Education Department issued the first step in the process of issuing new regulations under this so-called “negotiated rulemaking” process. In the mean time, Mr Biden said his administration is creating a temporary year-long “on-ramp repayment programme” under which conditions will remain largely the same as they have during the three-year pandemic-era pause in payments which is set to expire this fall. The department’s 12-month “on ramp” to begin repayments, from 1 October through 30 September, aims to prevent borrowers who miss repayments in that time period from delinquency, credit issues, default and referral to debt collection agencies. “During this period if you can pay your monthly bills you should, but if you cannot, if you miss payments, this on-ramp temporarily removes the threat of default,” he said. “Today’s decision closed one path. Now we’re going to pursue another — I’m never gonna stop fighting,” the president continued, adding that he will use “every tool” at his disposal to get Americans the student debt relief they need so they can “reach [their] dreams”. “It’s good for the economy. It’s good for the country. It’s gonna be good for you,” he said. Asked by reporters whether he’d given borrowers false hope by initiating the now-doomed forgiveness plan last year, Mr Biden angrily chided the GOP for having acted to take away the path to debt relief for millions. “I didn’t give any false hope. The question was whether or not I would do even more than was requested. What I did I felt was appropriate and was able to be done and would get done. I didn’t give borrowers false hope. But the Republicans snatched away the hope that they were given and it’s real, real hope,” he said. The Supreme Court’s 6-3 ruling from the conservative majority argues that the president does not have the authority to implement sweeping relief, and that Congress never authorised the administration to do so. Under the plan unveiled by the Biden administration last year, millions of people who took out federally backed student loans would be eligible for up to $20,000 in relief. Borrowers earning up to $125,000, or $250,000 for married couples, would be eligible for up to $10,000 of their federal student loans to be wiped out. Those borrowers would be eligible to receive up to $20,000 in relief if they received Pell grants. Roughly 43 million federal student loan borrowers would be eligible for that relief, including 20 million people who stand to have their debts cancelled completely, according to the White House. Lawyers for the Biden administration contended that he has the authority to broadly cancel student loan debt under the Higher Education Relief Opportunities for Students Act of 2003, which allows the secretary of education to waive or modify loan provisions following a national emergency – in this case, Covid-19. Since March 2020, with congressional passage of the Cares Act, monthly payments on student loan debt have been frozen with interest rates set at zero per cent. That pandemic-era moratorium, first enacted under Donald Trump and extended several times, was paused a final time late last year. Over the last decade, the student loan debt crisis has exploded to a balance of nearly $2 trillion, most of which is wrapped up in federal loans. The amount of debt taken out to support student loans for higher education costs has surged alongside growing tuition costs, increased private university enrollment, stagnant wages and GOP-led governments stripping investments in higher education and aid, putting the burden of college costs largely on students and their families. Read More Supreme Court strikes down Biden’s plan to cancel student loan debts Supreme Court strikes down affirmative action, banning colleges from factoring race in admissions Biden condemns Supreme Court striking down affirmative action: ‘This is not a normal court’ Justice Ketanji Brown Jackson delivers searing civil rights lesson in dissent to affirmative action ruling
2023-07-01 04:50
Yellen warns bank CEOs of 'severe' economic consequences if debt ceiling isn't addressed
Yellen warns bank CEOs of 'severe' economic consequences if debt ceiling isn't addressed
During a meeting with more than two dozen bank CEOs on Thursday, Treasury Secretary Janet Yellen stressed the urgent need for Congress to address the debt ceiling, according to a readout of the meeting from the Treasury Department.
2023-05-19 04:22