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By Pelican Press · Posted
in: World News
This is the hidden content, please Sign In or Sign Up Britain’s ‘mini-budget’ disaster should serve as a warning to the U.S. Former US President Donald Trump during an Economic Club of New York event in New York, US, on Thursday, Sept. 5, 2024. Bloomberg | Bloomberg | Getty Images Fears are mounting that the U.S. could soon experience its own version of Britain’s “mini-budget” crisis, with bond strategists warning that Donald Trump’s return to the White House brings with it the specter of currency volatility and surging bond yields. President-elect Trump has pledged to deliver a litany of pro-growth initiatives, including tax cuts, steep tariffs, and plans to roll back corporate regulation. The former president’s economic agenda has This is the hidden content, please Sign In or Sign Up about a surge in consumer prices, which strategists say could spark significant shifts in bond yields and investor behavior. They warn a scenario that mirrors Britain’s mini-budget crisis of 2022 is not out of the question. “Foreign central banks and institutional investors, traditional buyers of US 10y Treasurys, are slowly diversifying away from Treasurys on debasement worries attached to concerns over inflation, debt, and geopolitics,” Alim Remtulla, chief foreign exchange strategist at EFG International, told CNBC by email, with reference to 10-year U.S. Treasurys. “As a result, more price sensitive investors need higher yields to invest in Treasuries. This isn’t at crisis levels yet, as [the U.S. dollar] is outperforming,” he continued. “But there are worries that the US could experience a run on its currency and yields like the *** experienced in the Fall of 2022.” Britain’s mini-budget crisis refers to a tumultuous ******* under former Prime Minister Liz Truss and ex-Finance Minister Kwasi Kwarteng. Shortly after taking up their posts in early September 2022, Truss and Kwarteng triggered a ****** in government bond prices when they presented plans for big tax cuts in an unscheduled fiscal announcement. The British pound tumbled to an all-time low against the U.S. dollar after the measures were announced, while the sell-off in U.K. government bonds was so severe that the Bank of England staged an emergency intervention. Truss and Kwarteng resigned over the turmoil after less than two months in their respective offices, and the majority of the measures were reversed. ‘Investors are becoming a little nervous’ Althea Spinozzi, head of fixed income strategy at Saxo Bank, said Trump’s return to the White House has the potential to reshape the U.S. bond market “in profound ways,” with the trajectory of Treasury yields set to climb as markets adjust to higher inflation expectations. The benchmark U.S.10-year Treasury may yet breach the 5% mark, Spinozzi said, without specifying a timeline, noting that this level acts as a “magnet” in the current economic environment. “A Trump presidency also brings the specter of currency volatility. Concerns about the U.S. fiscal position, fueled by increased borrowing to fund tax cuts and spending, might prompt fears of a selloff in Treasuries, mirroring the turmoil seen in the U.K. in 2022,” Spinozzi said. “The U.S. dollar’s unique position as the world’s reserve currency and the unparalleled depth of the Treasury market provide a degree of resilience,” she continued. “That said, a sustained rise in yields could weigh on the dollar’s strength over time, particularly if inflation expectations become unanchored or global investors begin seeking alternatives,” Spinozzi said. Traders work on the floor of the New York Stock Exchange at the opening bell on November 13, 2024, in New York City. Angela Weiss | AFP | Getty Images The 10-year Treasury yield traded more than 4 basis points higher at 4.424% on Wednesday morning. Yields and prices move in opposite directions, and one basis point equals 0.01%. Bond yields tend to rise when market participants expect higher consumer prices or a growing budget deficit. Paul Ashworth, chief north America economist at Capital Economics, told CNBC that while a U.S. version of Britain’s mini-budget episode is possible, the dollar’s position as the world’s reserve currency “makes it hard to see a sudden crisis developing.” “But the so-called term premium component of Treasury yields could increase, indicating that investors are becoming a little nervous about swallowing the increased supply of bonds,” Ashworth said. ‘Tough to see happening’ “Of course there is a prospect of that happening. You can’t rule any of this out,” Thierry Wizman, global interest rates and currencies strategist at Macquarie Group, told CNBC via video call. “If this does happen, it’s likelier to be as a result of the U.S. going its own way with regard to deficit spending,” Wizman said. “If every country is looking equally irresponsible, then the chances of this happening are slim, certainly on a sustainable basis. But when all the countries are experiencing high debt ratios and high deficits, then it’s less likely because in effect there is nowhere to run, with the possible exception of physical assets like gold.” Referring to the behavior of private institutional investors, Wizman said a divergence would be necessary to facilitate a U.S. version of Britain’s mini-budget crisis. “It would take another country, another region like the euro area supplanting the U.S. with regard to fiscal responsibility. That’s tough to see happening,” he added. — CNBC’s Jenni Reid contributed to this report. This is the hidden content, please Sign In or Sign Up #Britains #minibudget #disaster #serve #warning #U.S This is the hidden content, please Sign In or Sign Up This is the hidden content, please Sign In or Sign Up -
By Pelican Press · Posted
in: World News
This is the hidden content, please Sign In or Sign Up Eggy Party takes home best Pick Up & Play at This is the hidden content, please Sign In or Sign Up Play Awards 2024 The This is the hidden content, please Sign In or Sign Up Play Awards 2024 continues to offer news of exciting wins by top titles Eggy Party has taken home a major award with best Pick Up & Play It won in the category for a huge number of territories including Europe and the ******* States Coming alongside a win by the smaller indie puzzler Dadoo, more top releases are taking home the gold from the This is the hidden content, please Sign In or Sign Up Play Awards 2024. And the latest to grab a top honour is Tencent’s own multiplayer battle royale Eggy Party. It was awarded the Best Pick Up & Play award in a number of regions, from Europe to the ******* States, the Middle East & North ******* and more! Eggy Party should need little introduction as this multiplayer battler pits you against friends and strangers alike in intense obstacle courses and minigames. Shades of Fall Guys and Stumble Guys are of course there, but thanks to the backing of mega dev Tencent it seems to have outshined them all, at least on mobile. The Pick Up & Play award isn’t just a shiny accolade, but a testament to the fact that Eggy Party achieved one of the most difficult things for any multiplayer release, accessibility. While there aren’t any special rewards or in-game events to celebrate the award (as of yet) I’m sure plenty of fans will be pleased to see this recognition. Showing off We’ll likely collate all the awards given out by This is the hidden content, please Sign In or Sign Up Play at some point in the near future. But a couple of these are important to point to, I’d wager. While Dadoo received quite a prominent prize, it appears that Eggy Party has thoroughly swept its category. And although I’d never argue that it doesn’t take huge inspiration from, y’know, every obstacle-based battle royale out there, it does seem to bring in enough new stuff to really enthral players. If you’re looking to take this opportunity to hop into Eggy Party, don’t! Or at least, don’t do it before you check through our list of constantly updated Eggy Party gift codes to get a headstart on the competition. This is the hidden content, please Sign In or Sign Up #Eggy #Party #takes #home #Pick #Play # This is the hidden content, please Sign In or Sign Up #Play #Awards This is the hidden content, please Sign In or Sign Up This is the hidden content, please Sign In or Sign Up -
By Pelican Press · Posted
in: World News
This is the hidden content, please Sign In or Sign Up This is the hidden content, please Sign In or Sign Up Pixel Tablet 3 Development Reportedly Cancelled; May Exit Tablet Business Once Again This is the hidden content, please Sign In or Sign Up has reportedly cancelled the development of its rumoured Pixel Tablet 3. Employees who have been working on the project are said to have been reassigned to different projects within the company. Previous rumours suggested a 2027 launch timeline for This is the hidden content, please Sign In or Sign Up ’s third-generation tablet. It was said to ship with a Tensor G6 chipset. The purported Pixel Tablet 2 might be the last tablet from This is the hidden content, please Sign In or Sign Up . The brand launched its Pixel Tablet in 2023. This is the hidden content, please Sign In or Sign Up Has Reportedly Pulled the Plug on Pixel Tablet 3 Android Headlines, citing This is the hidden content, please Sign In or Sign Up , reports that This is the hidden content, please Sign In or Sign Up has cancelled the development of its Pixel Tablet 3. The device, internally known as “Kiyomi”, will not be moving forward and this decision was reportedly made sometime last week. Personnel previously assigned to the Pixel Tablet 3 project are said to be redirected to different projects within the company. Shelving Pixel Tablet 3 could shift This is the hidden content, please Sign In or Sign Up ’s hardware roadmap. It was earlier tipped to launch in 2027 with a Tensor G6 chipset under the hood. The latest development indicates that Pixel Tablet 2 will be This is the hidden content, please Sign In or Sign Up ’s last tablet. After a hiatus, This is the hidden content, please Sign In or Sign Up returned to the tablet market in 2023 with the launch of the Pixel Tablet. While it hasn’t announced a successor yet, we have seen multiple rumours about Pixel Tablet 2. It is expected to go official later this year with a keyboard case. It is said to carry an 8-megapixel sensor in the front and the back. Pixel Tablet starts at $499 (roughly Rs. 40,900). It sports a 10.95-inch WQXGA (1,600×2,560 pixels) screen. It is compatible with a USI 2.0 touch pen. It runs on This is the hidden content, please Sign In or Sign Up ’s in-house octa-core Tensor G2 SoC along with a Titan M2 security chip. It carries 8GB of LPDDR5 RAM and up to 256GB of UFS 3.1 inbuilt storage. The Pixel Tablet features an 8-megapixel front camera and an 8-megapixel rear camera. It has quad speakers and offers This is the hidden content, please Sign In or Sign Up Assistant support. It comes with a magnetic dock with Pogo pin connector support. The tablet is backed by a 27Wh battery. This is the hidden content, please Sign In or Sign Up # This is the hidden content, please Sign In or Sign Up #Pixel #Tablet #Development #Reportedly #Cancelled #Exit #Tablet #Business This is the hidden content, please Sign In or Sign Up This is the hidden content, please Sign In or Sign Up -
By Pelican Press · Posted
in: World News
This is the hidden content, please Sign In or Sign Up US proposes breakup of This is the hidden content, please Sign In or Sign Up to end search monopoly The US Department of Justice (DOJ) has proposed a series of remedies aimed at stopping This is the hidden content, please Sign In or Sign Up from maintaining its monopoly in online search. In a court filing late on Wednesday, the DOJ said the technology giant should sell off its Chrome web browser. Government lawyers also recommended that District Judge Amit Mehta force the firm to stop entering into contracts with companies – including Apple and Samsung – that make its search engine the default on many smartphones and browsers. The proposed remedies stem from a landmark anti-competition ruling in August, in which Judge Mehta found This is the hidden content, please Sign In or Sign Up illegally crushed its competition in online search. The Department of Justice was joined in the filing by a group of US states that argued the changes will help to open up a monopolised market. “Restoring competition to the markets for general search and search text advertising as they exist today will require reactivating the competitive process that This is the hidden content, please Sign In or Sign Up has long stifled,” the government lawyers wrote. In response, This is the hidden content, please Sign In or Sign Up said that with its proposals, the DOJ “chose to push a ******** interventionist agenda that would harm Americans and America’s global technology leadership.” “[The] DOJ’s wildly overbroad proposal goes miles beyond the Court’s decision,” said Kent Walker, president of global affairs at This is the hidden content, please Sign In or Sign Up . “It would break a range of This is the hidden content, please Sign In or Sign Up products — even beyond Search — that people love and find helpful in their everyday lives.” This is the hidden content, please Sign In or Sign Up is expected to counter with its own proposed remedies by 20 December. Judge Mehta is set to issue a decision by the summer of 2025. This is the hidden content, please Sign In or Sign Up ’s search engine accounts for about 90% of all online searches globally, according to web traffic analysis platform This is the hidden content, please Sign In or Sign Up . Government attorneys also said that This is the hidden content, please Sign In or Sign Up ’s ownership and control of the Chrome browser – along with the Android operating system – have allowed it to funnel users to its search engine. Part of the proposal included barring Chrome from re-entering the browser market for five years. The DOJ also proposed court oversight of Android to ensure the company refrains from using its ecosystem to “favour its general search services and search text ad monopolies.” The DOJ case against This is the hidden content, please Sign In or Sign Up was filed in the closing months of the first administration of Donald Trump. With the President-elect set to return to the White House on 20 January, questions have been raised about whether his new administration would take a different approach to the case. “It would be odd for the second Trump administration to back off a lawsuit that they filed themselves,” said Rebecca Allensworth, associate dean for research and anti-trust professor at Vanderbilt Law School. Even if Trump sought to stop the case from proceeding, which Prof Allensworth said is unlikely, the states listed as plaintiffs could proceed on their own. “So, given that, they can’t make it go away,” she said. “I think that the federal government will stay on it but just how hard they’ll push and what they’ll ask for, I think, is really uncertain.” The proposed changes could play an important role in restoring competition to the online search market, according to Professor Laura Phillips-Sawyer of the University of Georgia School of Law. The user data that This is the hidden content, please Sign In or Sign Up secured because of its dominance in search helped “refine This is the hidden content, please Sign In or Sign Up ’s search algorithm and sell text ads,” Professor Phillips-Sawyer said. “But, those contracts also make it impossible for any newcomer in search to secure a distribution channel, and without any real possibility of reaching consumers, no one will invest in such innovation.” She says if Mehta accepts the governments proposals, competitors to This is the hidden content, please Sign In or Sign Up – including new entrants – may have the chance to thrive. This is the hidden content, please Sign In or Sign Up #proposes #breakup # This is the hidden content, please Sign In or Sign Up #search #monopoly This is the hidden content, please Sign In or Sign Up This is the hidden content, please Sign In or Sign Up -
in: Game News
This is the hidden content, please Sign In or Sign Up A recent survey reveals that nearly half of Norwegians under age 30 have no qualms about streaming or downloading movies, music, or TV shows from unofficial sources. Slight less than half admit to having pirated digital media. This is the hidden content, please Sign In or Sign Up This is the hidden content, please Sign In or Sign Up
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Escalation-Game
Voldoman posted a server in Lineage 2,
🎮 Escalation-Game🎮
🔸 We would like to welcome you in our fresh private lineage 2 High Five server
🔸 Our Project is based on HighFive Part 5 Content (x10 Rates) , Double on Weekends!
🔸 Create a character from the 6 available races and 35 class options. Join our community and compete against Clan Wars, Sieges, Dungeons, and Bosses.
🛡️ AA Protection
⚠️ Long Term Project
⏰ BETA OPENING : 5 November 2023 - 8PM UTC+2
⏰ GRAND OPENING : 10 November 2023 - 8PM UTC+2
Visit our Website for more information!
🌍 Main Website ( https://escalation-game.com/ )
📣Join Our Discord!
https://discord.gg/NQR76EH5RZ
See you in Game!-
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L2GOLDCLUB
EngineBoy posted a server in Lineage 2,
👑L2Gold.club x45
🗓Grand opening date : 22-9-23 20:00 GMT+2
📍A custom server with Rebirth system max 3 to choose your skill of your choice at every rebirth
📌Special nobles system you need 3/3 rebirths + some crowns from raids to become nobles
🎉Spoil/sweep system
✅Refining system where you upgrade your S grade set to apella
✅Custom items dropable only from raids
🔹Custom L2 gold weapons
🔹Custom jewels with ressist
🔹Custom wings /circlets with stats
⚙️Olympiad system with A grades
⚡️High rate event At Weekends with special Raids & Farm …andmuch more .
👉We wait for everyone to join us to live one’s more time that old memories.
👥Website: https://l2gold.club/
🗣Discord : https://discord.gg/wz6Q4tsNpm
👤Facebook: https://www.facebook.com/lineage2gold.club-
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