Global authorities gathering in Washington this week must stand ready to address emerging risks including a global economic downturn and Brexit, the leading body for global financial stability has warned. The Financial Stability Board – which was formed after the 2008 banking crisis that brought the financial system to its knees – said that while much has been achieved in the past decade, its job was “far from complete”. It also warned of new dangers, including higher levels of corporate debt, weaker lending standards, and cyber-attacks. In an open letter to G20 finance ministers and central bank governors, FSB chairman Randal Quarles suggested that a long period of growth and rising asset prices had lulled institutions and firms into a false sense of security. “The outlook for global growth has started to weaken and become more uncertain. Declining long-term interest rates have supported risky asset prices. Corporate and public debt levels continue to … [Read more...] about Financial leaders must prepare for risks such as Brexit, says regulator
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Roger Hallam, 52, organic farmer from Wales and XR co-founder Hallam was arrested in 2017 for criminal damage when he and another person spray-painted “Divest from oil and gas”, “Now” and “Out of time” on walls at King’s College London, using water-soluble chalk-based paint. Both were cleared of all charges by a jury in 2019 after they defended their actions as being a proportionate response to the climate crisis. People joining Extinction Rebellion (XR) are trained in how to conduct themselves peacefully when participating in direct action. According to Hallam, direct action has several aims and objectives. One is to cause disruption and financial costs to the state to build pressure for political change. Another is for individuals to show their commitment – that they are willing to sacrifice their liberty for the cause. Increased disruption and more people arrested creates a bigger impact. The training explains the possible legal … [Read more...] about Extinction Rebellion: the arrestables – a photo essay
The influx of money from streaming services such as Amazon Prime, Netflix and Apple TV into music supervision and licensing has helped to compensate artists for falling record sales, according to one of the sector’s most prominent figures. Music supervisors used to be a rarely mentioned role, but the investment in TV from streaming platforms has made having impeccable music supervision another vital element in a standout series. “Some people think supervision is like fantasy football for music,” says Zach Cowie, one of the new breed of music supervisors. “But there is a lot of stuff you need to know beyond just selecting good music.” Cowie – who worked at record labels and toured with Animal Collective and Fleet Foxes before becoming a DJ and moving into music supervision – has worked on Netflix’s Master of None, Amazon’s Forever, Kirsten Dunst’s series On Becoming a God in Central Florida, and Apple’s forthcoming … [Read more...] about ‘We’re in a Robin Hood position’: how TV music supervisors boost new artists
World By Jack Goodman & Olga Robinson BBC Reality Check 19 September 2019 Share this with Facebook Share this with Messenger Share this with Twitter Share this with Email Share this with Facebook Share this with WhatsApp Share this with Messenger Share this with Twitter Share Share this with These are external links and will open in a new window Email Share this with Email Facebook Share this with Facebook Messenger Share this with Messenger Messenger Share this with Messenger Twitter Share this with Twitter Pinterest Share this with Pinterest WhatsApp Share this with WhatsApp LinkedIn Share this with LinkedIn Copy this link https://www.bbc.co.uk/news/world-49515462 Read more about sharing. These are external links and will open in a new window Close share panel Related TopicsReality Check Indonesia is currently in the throes of the … [Read more...] about Forest fires: Are they worse than in previous years?
Cork is on the way up. A soon-to-be popping Cork with a bubbly future, as more big corporations join the likes of Apple and Amazon in setting up offices here to take advantage of low overheads and an easy-going pace of life. At least, that's what we keep hearing. 'I'm not sure what it must have been like before it was on the way up,' says my wife Joanna as we walk past abandoned warehouses, boarded-up shops and all kinds of tattoo parlours along Washington Street on the way into the city centre. We're here for a short break to celebrate both our wedding anniversary and Joanna's birthday. She's never been to Ireland before and sounds dismissive, while I've often come here and have always loved the country. Shandon pedestrian bridge over the River Lee which runs through central Cork Oh dear, I'm not sure it's going to be her sort of place. She doesn't drink stout, has no interest in rugby and would rather spend an evening with Julian Assange than step into a tattoo parlour. Thankfully, … [Read more...] about A corking Irish break: Double measures of charm and legendary countryside make for a treat in County Cork