THE NEW YORK TIMES: The Federal Reserve raised rates by three-quarters of a point and projected a more aggressive path ahead, suggesting that borrowing costs would be increased to 4.4 percent by the end of the year.
Federal Reserve officials ramped up their battle against the fastest inflation in 40 years on Wednesday, ushering in a third straight supersize rate increase while projecting a more aggressive path ahead for monetary policy, one that would lift interest rates higher and keep them elevated longer.
Central bankers raised their policy interest rate by three-quarters of a percentage point, boosting it to a range of 3 to 3.25 percent. The federal funds rate was set at near zero as recently as March, and the Fed’s increases since then have made for its fastest policy adjustment since the 1980s.
Even more notably, policymakers predicted on Wednesday that they will raise borrowing costs to 4.4 percent by the end of the year — suggesting that they could make another supersize rate move, followed by a half-point adjustment. Officials estimated that rates will climb to 4.6 percent by the end of 2023, up from an estimate of 3.8 percent in June, when they last published estimates. » | Jeanna Smialek | Wednesday, September 21, 2022
Wednesday, September 21, 2022
Biden Condemns Russian Escalation of Ukraine War | DW News
US President Joe Biden delivered a firm rebuke of Russia's "brutal, needless war" in Ukraine during an address to the United Nations General Assembly in New York on Wednesday.
He said Moscow "shamelessly violated" the UN charter with the invasion.
"If nations can pursue their imperial ambitions without consequences then we put at risk everything this institution stands for," he said.
Biden's address to the UN comes only hours after Russian President Vladimir Putin ordered reservists to report for duty to fight the war in Ukraine.
He said Moscow "shamelessly violated" the UN charter with the invasion.
"If nations can pursue their imperial ambitions without consequences then we put at risk everything this institution stands for," he said.
Biden's address to the UN comes only hours after Russian President Vladimir Putin ordered reservists to report for duty to fight the war in Ukraine.
Ein heißer Kuss am Ende eines langen, heißen Sommers.
Nicotine’s Effects on the Brain & Body & How to Quit Smoking or Vaping | Huberman Lab Podcast #90
What Alcohol Does to Your Body, Brain & Health | Huberman Lab Podcast #86
Number of Global Ultra High Net Worth Individuals Hits Record High
THE GUARDIAN: Credit Suisse finds those with assets exceeding $50m total 218,200 after post-pandemic ‘explosion of wealth’
The ranks of the global “ultra high net worth” (UHNW) individuals swelled by 46,000 last year to a record 218,200 as the world’s richest people benefited from “almost an explosion of wealth” during the recovery from the pandemic.
The number of UHNW people – those with assets of more than $50m (£43.7m) – jumped in 2021 as the super-rich benefited from soaring house prices and booming stock markets, according to a report by investment bank Credit Suisse. The number of people in the UHNW bracket has increased by more than 50% over the past two years.
The huge increase in wealth of the richest 0.00004% of the world’s adult population comes as billions of low- and middle-income people – many of whom saw their savings wiped out during the pandemic – struggle to cope with soaring food and energy prices.
“The strong rise in financial assets resulted in an increase in inequality in 2021,” the report by Credit Suisse, which helps manage the fortunes of many of the world’s richest people, said. “The rise in inequality is probably due to the surge in the value of financial assets during the Covid-19 pandemic.” » | Rupert Neate, Wealth correspondent | Tuesday, September 20, 2022
Why wealth matters. The Global Wealth Report: The most comprehensive and up-to-date resource of its kind. Our Global Wealth Report analyzes the household wealth of 5.3 billion people across the globe. Multi-faceted and eye-opening. »
The ranks of the global “ultra high net worth” (UHNW) individuals swelled by 46,000 last year to a record 218,200 as the world’s richest people benefited from “almost an explosion of wealth” during the recovery from the pandemic.
The number of UHNW people – those with assets of more than $50m (£43.7m) – jumped in 2021 as the super-rich benefited from soaring house prices and booming stock markets, according to a report by investment bank Credit Suisse. The number of people in the UHNW bracket has increased by more than 50% over the past two years.
The huge increase in wealth of the richest 0.00004% of the world’s adult population comes as billions of low- and middle-income people – many of whom saw their savings wiped out during the pandemic – struggle to cope with soaring food and energy prices.
“The strong rise in financial assets resulted in an increase in inequality in 2021,” the report by Credit Suisse, which helps manage the fortunes of many of the world’s richest people, said. “The rise in inequality is probably due to the surge in the value of financial assets during the Covid-19 pandemic.” » | Rupert Neate, Wealth correspondent | Tuesday, September 20, 2022
Why wealth matters. The Global Wealth Report: The most comprehensive and up-to-date resource of its kind. Our Global Wealth Report analyzes the household wealth of 5.3 billion people across the globe. Multi-faceted and eye-opening. »
Our Country Yearns for Unity - but Truss’s Government Is Mercilessly Dividing It into Rich and Poor
THE GUARDIAN: For the first time since the welfare state was created, the food bank will be our safety net and charity our last line of defence
‘Liz Truss’s £150bn energy package remains so poorly targeted it will not prevent 5 million children falling into poverty this winter.’ Photograph: Toby Melville/PA
Having been promised an energy price freeze, millions of hard-pressed families will be shocked and fearful when, on 1 October, they are hit with a 25% rise in their fuel bills.
After a summer of doing nothing the government looked as if it had done a lot, but it has not done anywhere near enough. In 10 days’, the cap on energy bills will rise to an unprecedented £2,500 a year. This is an average increase of £10 a week, on top of April’s rise of £14 a week. Fuel costs will, according to Jonathan Bradshaw and Antonia Keung at York University, consume an unprecedented 20% of the income of 4.1 million families in October. By May, that figure could rise to 7.4 million. For 2.2 million families, energy bills will take up an unpayable 30% of their income, and this could rise to 3.8 million families by May.
Never has fuel poverty hit so many people so hard, and unless new help is announced for low-income families on Friday, Liz Truss’s £150bn energy package will remain so poorly targeted that it will not prevent 5 million children falling into poverty this winter, and an ever larger proportion of our nation from turning up at one of the country’s 3,000 food banks. » | Gordon Brown | Wednesday, September 21, 2022
Having been promised an energy price freeze, millions of hard-pressed families will be shocked and fearful when, on 1 October, they are hit with a 25% rise in their fuel bills.
After a summer of doing nothing the government looked as if it had done a lot, but it has not done anywhere near enough. In 10 days’, the cap on energy bills will rise to an unprecedented £2,500 a year. This is an average increase of £10 a week, on top of April’s rise of £14 a week. Fuel costs will, according to Jonathan Bradshaw and Antonia Keung at York University, consume an unprecedented 20% of the income of 4.1 million families in October. By May, that figure could rise to 7.4 million. For 2.2 million families, energy bills will take up an unpayable 30% of their income, and this could rise to 3.8 million families by May.
Never has fuel poverty hit so many people so hard, and unless new help is announced for low-income families on Friday, Liz Truss’s £150bn energy package will remain so poorly targeted that it will not prevent 5 million children falling into poverty this winter, and an ever larger proportion of our nation from turning up at one of the country’s 3,000 food banks. » | Gordon Brown | Wednesday, September 21, 2022
Our Yemeni Kitchen | مطبخنا اليمني | Yemeni Kofta Kebab | كباب كفتة يمنية
For a complete list of the ingredients used in this recipe and its method of preparation, in both English and Arabic, please click here and then click on “show more”.
Land ohne Queen | ARTE Re:
Der Tod Elizabeth II. ist eine Zäsur. Millionen Briten und Menschen aus aller Welt nehmen Abschied. Zwischen Trauer und Neuanfang wird eine Frage immer drängender: Was bedeutet das Ende der Ära Elizabeth II. für die Monarchie – und was für die Briten selbst?
London. Nah am Buckingham Palace krabbelt John Loughrey aus seinem Zelt. Es ist fünf Uhr morgens, der 67-Jährige muss sich beeilen, denn schon bald müssen er und seine Freunde den Platz für die Massen räumen. Der Sarg der Queen wird an diesem Nachmittag vom Buckingham Palace zur Westminster Hall überführt. Seit Tagen campen die „Royal Superfans“ hier, um Abschied von ihrer Königin zu nehmen. Nicht nur John Loughrey, überall erzählen Briten von ganz persönlichen Begegnungen mit der Königin – und wie es ihr Leben bis heute prägt. So auch in Schottland. In Edinburgh verabschieden sich Menschen am geschlossenen Sarg der verstorbenen Monarchin. Vor Schloss Balmoral haben Anwohner hunderte Blumensträuße abgelegt. John Sinclair ist Metzger in Ballater, Aberdeenshire und beliefert das Schloss seit vielen Jahren. „Das erste Mal traf ich die Queen 2010. Ich war sehrnervös. Sie sah mich einfach an. Ich schaute diese kleine Dame an – ich wusste gar nicht, dass die Königin so klein ist.“ Viele richten nun den Blick nach vorn und hoffen, dass König Charles der Monarchie ähnliche Strahlkraft verleiht. Andere leben dagegen seit Jahren im Konflikt mit der Krone.
Ngozi Fulani stammt eigentlich aus der Karibik. Sie berichtet von Diskriminierungen – und von Chris Kaba, einem schwarzen jungen Mann, der drei Tage vor dem Tod der Queen von Polizisten erschossen wurde. Sie nimmt daraufhin an Protestmärschen in London Teil. Fulani kann in die Trauer für die Queen nicht mit einstimmen. Rassismus und Kolonialismus, dagegen habe das Königshaus zu wenig getan. Geht König Charles neue Wege?
Reportage (D 2022, 32 Min)
Video auf YouTube verfügbar bis 21/09/2023
London. Nah am Buckingham Palace krabbelt John Loughrey aus seinem Zelt. Es ist fünf Uhr morgens, der 67-Jährige muss sich beeilen, denn schon bald müssen er und seine Freunde den Platz für die Massen räumen. Der Sarg der Queen wird an diesem Nachmittag vom Buckingham Palace zur Westminster Hall überführt. Seit Tagen campen die „Royal Superfans“ hier, um Abschied von ihrer Königin zu nehmen. Nicht nur John Loughrey, überall erzählen Briten von ganz persönlichen Begegnungen mit der Königin – und wie es ihr Leben bis heute prägt. So auch in Schottland. In Edinburgh verabschieden sich Menschen am geschlossenen Sarg der verstorbenen Monarchin. Vor Schloss Balmoral haben Anwohner hunderte Blumensträuße abgelegt. John Sinclair ist Metzger in Ballater, Aberdeenshire und beliefert das Schloss seit vielen Jahren. „Das erste Mal traf ich die Queen 2010. Ich war sehrnervös. Sie sah mich einfach an. Ich schaute diese kleine Dame an – ich wusste gar nicht, dass die Königin so klein ist.“ Viele richten nun den Blick nach vorn und hoffen, dass König Charles der Monarchie ähnliche Strahlkraft verleiht. Andere leben dagegen seit Jahren im Konflikt mit der Krone.
Ngozi Fulani stammt eigentlich aus der Karibik. Sie berichtet von Diskriminierungen – und von Chris Kaba, einem schwarzen jungen Mann, der drei Tage vor dem Tod der Queen von Polizisten erschossen wurde. Sie nimmt daraufhin an Protestmärschen in London Teil. Fulani kann in die Trauer für die Queen nicht mit einstimmen. Rassismus und Kolonialismus, dagegen habe das Königshaus zu wenig getan. Geht König Charles neue Wege?
Reportage (D 2022, 32 Min)
Video auf YouTube verfügbar bis 21/09/2023
Russland will Teile der Ost-Ukraine annektieren | Putins Panik-Reaktion
Der Kreml will Teile der besetzten Ost-Ukraine illegal annektieren!
Einem Bericht der russischen Nachrichtenagentur „Tass“ zufolge plant Moskau Referenden in den sogenannten „Volksrepubliken“ Donezk und Lugansk. Zudem sollen auch auch in der besetzten Stadt Cherson und in der teilweise besetzten Region Saporischschja in der Süd-Ukraine Referenden stattfinden. Die Referenden sollen zeitgleich zwischen dem 23. und dem 27. September stattfinden; Ziel ist ein Anschluss der besetzten Regionen an Russland.
Bereits am Montag hatte die russische Propagandistin Margarita Simonjan ein „sofortiges Referendum“ in den besetzten Gebieten gefordert, um das „Krim-Szenario“ zu wiederholen. 2014 hatte Russland die ukrainische Halbinsel Krim nach einem manipulierten Referendum illegal annektiert.
Einem Bericht der russischen Nachrichtenagentur „Tass“ zufolge plant Moskau Referenden in den sogenannten „Volksrepubliken“ Donezk und Lugansk. Zudem sollen auch auch in der besetzten Stadt Cherson und in der teilweise besetzten Region Saporischschja in der Süd-Ukraine Referenden stattfinden. Die Referenden sollen zeitgleich zwischen dem 23. und dem 27. September stattfinden; Ziel ist ein Anschluss der besetzten Regionen an Russland.
Bereits am Montag hatte die russische Propagandistin Margarita Simonjan ein „sofortiges Referendum“ in den besetzten Gebieten gefordert, um das „Krim-Szenario“ zu wiederholen. 2014 hatte Russland die ukrainische Halbinsel Krim nach einem manipulierten Referendum illegal annektiert.
Ein russischer Elitesoldat packt aus: Die Enthüllungen des Pavel Filatjew | SPIEGEL TV
Putin Announces Partial Mobilisation and Threatens Nuclear Retaliation in Escalation of Ukraine War
THE GUARDIAN: Russian president threatens west with nuclear retaliation, saying ‘we will use all the means at our disposal’
A screenshot taken from the accompanying video.
Vladimir Putin has announced a partial mobilisation in Russia in a significant escalation that places the country’s people and economy on a wartime footing.
The president also threatened nuclear retaliation, saying that Russia had “lots of weapons to reply” to what he called western threats on Russian territory and added that he was not bluffing.
In a highly anticipated televised address, Putin said the “partial mobilisation” was a direct response to the dangers posed by the west, which “wants to destroy our country”, and claimed the west had tried to “turn Ukraine’s people into cannon fodder”.
“Military service will apply only to citizens who are currently in the reserve, especially those who have served in the armed forces, have certain military professions and relevant experience,” he said.
Shortly after Putin’s announcement, the country’s defence ministry, Sergei Shoigu, said 300,000 Russians would be called up as part of the mobilisation that will apply to “those with previous military experience”.With video » | Pjotr Sauer | Wednesday, September 21, 2022
Mobilisation de 300 000 réservistes, chantage nucléaire : la fuite en avant de Vladimir Poutine : Le président russe, qui assure qu’il « soutiendra » une annexion des territoires occupés d’Ukraine, met également en avant la menace de l’arme nucléaire. »
Russland will 300.000 Reservisten mobilisieren: Der russische Präsident Wladimir Putin ordnet eine Teilmobilmachung für Russland an. In seiner Fernsehansprache droht er auch mit dem Einsatz von Atomwaffen. »
Vladimir Putin has announced a partial mobilisation in Russia in a significant escalation that places the country’s people and economy on a wartime footing.
The president also threatened nuclear retaliation, saying that Russia had “lots of weapons to reply” to what he called western threats on Russian territory and added that he was not bluffing.
In a highly anticipated televised address, Putin said the “partial mobilisation” was a direct response to the dangers posed by the west, which “wants to destroy our country”, and claimed the west had tried to “turn Ukraine’s people into cannon fodder”.
“Military service will apply only to citizens who are currently in the reserve, especially those who have served in the armed forces, have certain military professions and relevant experience,” he said.
Shortly after Putin’s announcement, the country’s defence ministry, Sergei Shoigu, said 300,000 Russians would be called up as part of the mobilisation that will apply to “those with previous military experience”.With video » | Pjotr Sauer | Wednesday, September 21, 2022
Mobilisation de 300 000 réservistes, chantage nucléaire : la fuite en avant de Vladimir Poutine : Le président russe, qui assure qu’il « soutiendra » une annexion des territoires occupés d’Ukraine, met également en avant la menace de l’arme nucléaire. »
Russland will 300.000 Reservisten mobilisieren: Der russische Präsident Wladimir Putin ordnet eine Teilmobilmachung für Russland an. In seiner Fernsehansprache droht er auch mit dem Einsatz von Atomwaffen. »
Liz Truss Urges World Leaders to Follow UK with Trickle Down Economics
THE GUARDIAN: Reports that stamp duty will be cut with PM to use UN speech to argue for far-reaching tax reductions, putting her at odds with Joe Biden
A screenshot of Liz Truss taken from the accompanying video.
Liz Truss is to urge world leaders to join Britain in introducing far-reaching tax cuts despite US president Joe Biden pouring scorn on “trickle down economics” ahead of their first bilateral talks in New York.
In a speech to the United Nations on Wednesday, the prime minister will argue the free world must prioritise economic growth to deny authoritarian states like Russia the chance to manipulate the global economy.
However, her embrace of Reaganite economic policy puts her on a collision course with the Democratic president who tweeted yesterday that he was “sick and tired” of the approach, which he claimed had never worked. With video » | Pippa Crerar in New York | Tuesday, September 20, 2022
What an uninformed prime mnster we have! Has she not learnt yet, after all these years, that “trickle down” economics is a myth? It simply doesn’t work. Poor lass! And poor electorate, of course! – © Mark Alexander
Liz Truss is to urge world leaders to join Britain in introducing far-reaching tax cuts despite US president Joe Biden pouring scorn on “trickle down economics” ahead of their first bilateral talks in New York.
In a speech to the United Nations on Wednesday, the prime minister will argue the free world must prioritise economic growth to deny authoritarian states like Russia the chance to manipulate the global economy.
However, her embrace of Reaganite economic policy puts her on a collision course with the Democratic president who tweeted yesterday that he was “sick and tired” of the approach, which he claimed had never worked. With video » | Pippa Crerar in New York | Tuesday, September 20, 2022
What an uninformed prime mnster we have! Has she not learnt yet, after all these years, that “trickle down” economics is a myth? It simply doesn’t work. Poor lass! And poor electorate, of course! – © Mark Alexander
Tuesday, September 20, 2022
Ukraine-Krieg dominiert UN-Generalversammlung in New York | DW Nachrichten
War in Ukraine overshadows UN session | DW News »
Macron Says UK and France Must ‘Move On’ from Truss Remarks
THE GUARDIAN: Two leaders appear to smooth over tensions in first bilateral talks in New York but avoid awkward topics
Liz Truss had said the ‘jury’s out’ over whether Emmanuel Macron was a friend or foe of Britain.Photograph: Stefan Rousseau/Reuters
Emmanuel Macron has offered Liz Truss an olive branch after her controversial “friend or foe” remarks by saying after their first bilateral talks that it is time to “move on”.
The two leaders appeared to smooth over tensions during their meeting in New York, which No 10 said was dominated by Ukraine and energy security, but avoided the controversial issues of the Northern Ireland protocol and migration.
After the talks, the French president told reporters: “I now believe in proof, in results. There is a will to re-engage, to move on, and to show that we are allies and friends in a complex world.” » | Pippa Crerar in New York | Tuesday, September 20, 2022
Good for Emmanuel Macron! He is the wise one: he is ‘showing better’. This is precisely the advice that my late grandmother always used to advise us to show as children!
The French are certainly our friends, even if Liz Truss doesn’t know this fact yet. The late Queen Elizabeth II knew it. Emmanuel Macron knows it too. Emmanuel Macron is indeed our friend; and a good one at that! It is to be hoped that Liz Truss will soon come to her senses. © Mark Alexander
Emmanuel Macron has offered Liz Truss an olive branch after her controversial “friend or foe” remarks by saying after their first bilateral talks that it is time to “move on”.
The two leaders appeared to smooth over tensions during their meeting in New York, which No 10 said was dominated by Ukraine and energy security, but avoided the controversial issues of the Northern Ireland protocol and migration.
After the talks, the French president told reporters: “I now believe in proof, in results. There is a will to re-engage, to move on, and to show that we are allies and friends in a complex world.” » | Pippa Crerar in New York | Tuesday, September 20, 2022
Good for Emmanuel Macron! He is the wise one: he is ‘showing better’. This is precisely the advice that my late grandmother always used to advise us to show as children!
The French are certainly our friends, even if Liz Truss doesn’t know this fact yet. The late Queen Elizabeth II knew it. Emmanuel Macron knows it too. Emmanuel Macron is indeed our friend; and a good one at that! It is to be hoped that Liz Truss will soon come to her senses. © Mark Alexander
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