Tag Archives: money

More cafes, green spaces and sports facilities to improve the City | Instant News

Revealed – blueprint for getting the City to flourish: More cafes, green spaces and sports facilities ready to lure companies in after Brexit and Covid

  • We can say that the planning blueprint would recommend creating a dynamic Parisian cafe culture
  • The document will outline plans for other sporting facilities as well as night and weekend entertainment
  • This study was conducted by the Eastern City Partnership, which represents the area between the London Bridge and Liverpool Street

City could see dramatic changes under a master plan to get workers back into office while boosting a vital financial services sector.

The Mail on Sunday can reveal that this week’s planning blueprint would recommend creating a vibrant Parisian cafe culture with more outdoor tables, wide avenues, pedestrian areas and more green space for workers to relax.

The document will outline plans for other sporting facilities as well as night and weekend entertainment. It will list outdoor cinema and large long table street dinners – hugely successful in Milan – as potential new attractions.

A new direction: The planning blueprint would recommend creating a dynamic Paris-style cafe culture

This study was conducted by the Eastern City Partnership, which represents the area between the London Bridge and Liverpool Street. These include the Gherkin and Cheesegrater skyscrapers, the Lloyd’s building and the Leadenhall Market.

Giant companies including insurance company Aon and asset manager Brookfield are members of the partnership.

The area improvement will be funded using a combination of public and private money. The plan was drawn up with input from the City of London Corporation which will now examine its feasibility in detail.

Banks, insurers, asset managers and other City firms are currently reviewing when they should call staff back into office – and in what numbers – following the announcement of Boris Johnson’s lockdown exit map.

Last week, HSBC said it was cutting 40 percent of its office space nationwide, raising concerns that urban centers could run out of energy. Lloyd’s, Standard Chartered and Metro Bank also intend to reduce their office-based operations.

Politicians and City lobby groups are working on plans to upgrade the City with a deal to help sell financial services to countries outside the EU.

Amsterdam this month overtook London as Europe’s top stock trading center. A UK-EU trade deal on financial services has yet to be concluded.

The government is known to be stepping up talks with Switzerland to reach a ‘gold standard’ agreement for financial services. Chancellor Rishi Sunak has been in talks with his Swiss counterpart to work out a deal to allow “mutual recognition” of each other’s rules.

A source close to the talks said this would make it easier for Britain to sell financial products to Switzerland and vice versa.

The government is planning a massive publicity effort to encourage British companies to take advantage of the UK’s free trade agreement with Japan, which would make it easier for British banks and tech-savvy companies to store data in Japan and serve customers locally.

Britain is also turning its attention to India, Africa and China for future financial deals.

Office staff are generally expected to commute less frequently to the capital once the pandemic has subsided – and at certain times to reduce congestion during rush hour.

Business leaders and property owners in the City stress the area’s value for the country’s recovery with a financial services industry that generates 7 percent of the economic output.

Various shops, bars and restaurants in the City desperately need the return of office workers to sustain the local economy. Three skyscrapers were approved last month on the Square Mile and the arrival of Crossrail could see 100,000 additional workers flood the City by 2026.

Catherine McGuinness, City of London Company policy chair, said: “The city is ready to welcome workers back when it is safe to do so and I truly believe the City has a bright future.”

Plans to revitalize the eastern part of the City – drawn up by planning firm Publica – part of an existing business district as ‘unimaginative’ with ‘very lack of green space’.

The proposal builds on a 20-year plan unveiled by the City of London Corporation in 2018, which includes making the region’s southern edge attractive to visitors.

Kevin Ellis, chairman of consultancy giant PwC, said: “In addition to money being spent on shops, cafes and surrounding cultural facilities, the network and interaction of office workers creates higher returns.”



image source

Money involvement in Senate polls: PPP asks | Instant News

SC to request an explanation from the AG

By our correspondent

ISLAMABAD: The Pakistan People’s Party on Thursday demanded that Pakistan’s Supreme Court seek an explanation from Pakistan’s Attorney General Khalid Jawed Khan over his statement about money’s involvement in the Senate elections through Hundi.

“The Attorney General has given a statement of irresponsibility regarding the distribution of money for the Senate election through hundi. Now it is his responsibility to provide evidence, ”said PPP Secretary General Syed Nayyar Hussain Bukhari. He said the Attorney General had questioned all political parties. “The Attorney General must provide evidence to justify his statement and if he fails, then he must resign,” he said.

Meanwhile, PPP Parliamentary Information Secretary MNA Shazia Atta Marri said that Imran Khan had introduced ball smashing and betting in Pakistani cricket and now he has introduced foul language in politics. In a statement, Shazia said Imran Khan was said to be the first politician to start bidding on Senate elections and also pushed for the use of Hawala and Hundi for money transfers.

“It would be dangerous to amend the Constitution at Imran Khan’s wishes because it is very likely that the next request is that he should remain prime minister for the next five year term as well,” he said.

Shazia said the voting procedure could only be changed by making amendments to the Constitution and only parliament could do so.

He said the Supreme Court should ask Prime Minister Imran Khan about those hanging around to buy votes for the Senate elections with bags full of money and also asked Punjab Governor Muhammad Sarwar how he was elected to the Senate despite not having enough votes from his party. at the time of election. “It is unfortunate that Imran Khan has learned nothing but foul language and the blame game,” he said, adding that Imran Khan had lost the confidence of his own members in parliament.


image source

Money trail | Instant News

The MPA video, which has gone viral since Tuesday, of the former MPA and members of the Khyber Pakhtunkhwa government receiving money that appears to have been piled on the table, has raised many questions. There are two main problems here. Some MPAs said the money was intended to ensure their loyalty to the PTI during the Senate elections. On the other hand, there are also allegations that Muhammad Ali Shah Bacha, a PPP MPA, has given money to win votes for PPP in the Senate. With only six MPAs, it is really surprising that the PPP was able to win two Senate seats and almost grabbed a third seat. There are more mysteries. Prime Minister Imran Khan, who said he now knew the facts, asked for the resignation of Sultan Khan, the law minister of KP, who had resigned. He said the money was offered to him in 2018 to quit the Aftab Sherpao party, the Qaumi Watan Party, and join PTI instead. PTI’s Obaidullah Mayar took the same route. But other claims about who gave the money and for what reasons have also fluctuated and floated in the air as this latest scandal made headlines.

The key question may be why this video was released at a certain time and who made the video first. Some MPAs insist that the footage has been edited and these doubts can only be cleared after forensic analysis of the video recording. There is also a video of Prime Minister Imran Khan declaring in 2018 that he has a video of the MPA and politicians accepting money as bribes to vote in a certain way in the Senate. The question is: if Imran Khan found out in 2018 that his law minister in the KP and other members of the assembly had taken money to vote in favor of a certain Senator, why didn’t he act as party chairman saying so? determined to eradicate corruption? There appears to be little purpose in holding video for more than two years. What is also important is that the videos appeared just before the matter was brought before the Pakistani Supreme Court. The opposition opposes an open vote in the Senate while PTI supports it, demonstrating that it can end the kind of corruption that has been witnessed in the past. The issue is also whether this is an issue that can be resolved by the court, or is it entirely within the scope of parliament.

However, the video footage is shocking. It shows the way our politics is conducted and if, as Mayar alleges, KP Chief Minister Pervez Khattak is involved in bribery, it raises very serious questions about honesty within PTI and whether the money is actually being given to helping the 2018 election campaign for the party. or for other reasons such as the Senate vote. We all know there is corruption in our political order. This video helps prove it. But it does need to be tested and the timeframe determined, meanwhile PTI also needs to tell us why it has been delayed for so long if the parties know it exists.


image source

Musk’s Tesla said it has invested $1.5 billion in Bitcoin, bringing the cryptocurrency to a record high of nearly $44,000 | Instant News

Elon Musk’s Tesla Inc. stated that it had acquired $1.5 billion in Bitcoin in January and that it could accept payments in the world’s number one digital asset in the future.

+ 2.20%

The purchase was revealed on Monday in the Securities and Exchange Commission (Securities and Exchange Commission) regulatory documents, which helped push up the price of Bitcoin
+ 12.92%

To around $44,203, it was up more than 13% in CoinDesk’s early trading.

Tesla stated in its 10-K application to the U.S. market regulator: “In January 2021, we updated our investment policy to provide us with greater flexibility to further diversify and maximize our Cash return, which is not needed to maintain sufficient operational liquidity.”

The document continues: “Furthermore, we hope that in the near future, in accordance with applicable laws and on a limited basis, we will begin to accept Bitcoin as a payment method for our products. After payment is received, we may or may not Liquidation.”

This move is because Musk has recently won greater support for digital assets on his social platform.

Late January Musk Mark Using the cryptocurrency in his Twitter biography, then adding the hashtag #bitcoin to his Twitter resume, and then he wrote on Twitter: “In retrospect, it was inevitable.” At the beginning of this month Musk posted “doge” on Twitter with no further comments, Refers to the digital asset meme asset Dogecoin.

Tesla became one of the larger companies that invested in Bitcoin and allowed payments through digital assets created in 2009.

Wedbush analyst Dan Ives wrote in Monday’s study: “Although many people on Wall Street are discussing the prospects of Tesla’s move, this morning’s news made Musk and Tesla The strategy of jumping into the abyss of Bitcoin and cryptocurrency is formalized.” Attention.

However, other mainstream companies have begun to make headlines, focusing on their interest in Bitcoin and making virtual assets part of their balance sheets.

As early as 2020, the software company MicroStrategy
+ 15.29%

Said that it invested in Bitcoin in September 2020, thus achieving a leap of faith. According to the announcement on August 11, the token received 21,454 bitcoins, worth 250 million U.S. dollars at the time, and became the entity’s reserve assets. Coin Telegraph Report.

Microstrategy’s move raises the question of whether other companies might consider investing some of their reserve assets in Bitcoin.

Ives wrote: “Ultimately, investors and other industry observers will pay close attention to this to understand whether other companies have followed Tesla’s leadership approach to cryptocurrency, or on the other hand, it is still Are the few names that make Bitcoin strategically leap forward?”.

Bitcoin’s record rise is mainly due to the interest of institutional investors and businesses.PayPal Holdings Limited
+ 3.07%

After a narrower deployment, its cryptocurrency platform was opened to all US customers last November.

Investment experts said that as the Dow Jones Industrial Average has risen, the rise in the price of Bitcoin is also drawing attention to the asset.
+ 0.63%

And the S&P 500 Index
+ 0.49%

Let market participants worry about the overvaluation of stocks when interest rates are around 0%.

So far, the price of Bitcoin has soared by 50% in 2021.At the same time, the S&P 500 has risen 3.5% so far, the Dow Jones Industrial Average has risen 1.8% so far, and the high-tech Nasdaq Composite Index
+ 0.49%

It is up 7.5% so far this year.Gold price

It has fallen 3.5% so far this year.

Several prominent Wall Street investors including Stanley Druckenmiller and Paul Tudor Jones have accepted Bitcoin. Bill Miller, the famous investor of the founder of Miller Value Partners Letter to customers An article published on the company’s website earlier this month reiterated his optimistic view of Bitcoin.


image source

Parents, check your kitchen for this baby food! | Instant News

JACKSONVILLE, Fla. – Government investigations reveal several major brands of baby food products contain arsenic and lead.

“I have been practicing medicine for 40 years and this is the most amazing report I have seen in many ways,” said pediatrician Dr. Jeffrey Goldhagen.

Nurture Inc., known for its HappyBABY products, Hain Celestial Group Inc., known for Earths Nest Organic, the Beech-Nut nutrition group, and Gerber are four companies that volunteered to participate in the investigation.

However, three other companies did not respond. They are Walmart, Sprout Foods, and Campbell Soup.

Reports released Thursday by the US House of Representatives’ Subcommittee on the Economy, and the Committee on Consumer Policy on Surveillance and Reform showed that of the companies participating in the investigation, all had products containing arsenic, lead, and cadmium. Mercury is found in HappyBaby products, while the other three companies either never test or rarely test the toxic metal.


“All those metals have very significant neurotoxicity associated with them.” In fact, there is no ‘normal’ level so any exposure to this level of heavy metals will have a significant impact, ”Goldhagen said.

According to the report:

“Exposure to toxic heavy metals causes a permanent decrease in IQ, decreased future economic productivity, and an increased risk of future criminal and antisocial behavior in children. “

“The FDA must take more action to reduce heavy metals in baby food,” said Senior Consumer Reports Scientist Michael Hansen.

Hansen has spent years advocating for more regulation of baby food.

“I think what’s really disappointing is one of the companies that met with the FDA in 2019, they themselves set levels for some ingredients like 200 parts per billion and what happens when the ingredients exceed that? They put it in their product and keep selling it and this is all disclosed to the FDA and it seems the FDA hasn’t taken any action yet, “said Hansen.


Hain, who sells Earth’s Best products, released a statement saying the data “does not reflect our current practices.”

Gerber said it remains “fully committed to being an industry leader in providing safe and quality nutrition for babies”. He added that they are “taking many steps to minimize” the presence of heavy metals.

Happy Family Organics says the 2019 data is “not representative of our entire range of products on shelves today”.

Campbell, who did not participate in the investigation, said, “Heavy metals are present throughout the environment, including soil and water, these substances will be present in food to some extent.”

Goldhagen said if you currently use a product that was found to contain the toxic metal to dispose of it immediately.

He added that parents looking for peace of mind should make their own baby food, so they know what their children eat.

Click here to read the full investigative report.

Copyright 2021 by WJXT News4Jax – All rights reserved.


image source