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Dividend reinvestment for SET companies?
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Tourist Hits Pattaya Street Sweeper, Attempts to Flee but is Captured by Bystanders
Glad they got him. He needs jail time for that. Hope she recovers from this . -
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New Alcohol Control Bill Nearly Finalised; Set for December House Vote
What about all the staff who have just finished work at 2am? When you finish a shift at 5pm don't you like a drink and a bite to eat? 🤢- 1
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UK Faces Diplomatic Tightrope Amid Potential Trade War
Britain may align with the European Union in any global trade dispute ignited by former U.S. President Donald Trump’s potential return to the White House, suggested Business Secretary Jonathan Reynolds. Highlighting the UK's close trading ties with the EU, Reynolds underscored the need to balance relations with Brussels against pressures from Washington. Trump has reportedly considered imposing hefty tariffs of up to 60% on Chinese goods and up to 20% on imports from other nations, a move experts warn could spark a global trade war. European Central Bank President Christine Lagarde has cautioned that such geopolitical shifts place the single market under significant strain. Speaking to the House of Lords International Agreements Committee, Reynolds addressed the implications for Britain: "Tariffs on UK goods entering the U.S. would be a difficult thing for us to contend with. The U.S. is a key trading partner with £300 billion in bilateral trade. But compared to the EU, with over £800 billion in trade, we would have to weigh the consequences of actions that risk our relationship with Europe." Reynolds also noted the UK’s heightened vulnerability in a trade confrontation with China due to its global trade dependencies. "If there were a broader trade conflict between China and the West, the UK, as a globally oriented trading nation, would face more pain than the U.S. Simply replicating policies proposed by other nations might be more damaging to us than many realize," he said. His remarks come as the Labour government seeks to recalibrate its diplomatic relationships, including with the U.S., where Reynolds's comments risk creating tensions. Conservative critics argue that prioritizing Brussels over Washington could squander a valuable opportunity for deeper trade ties with America. Maxwell Marlow of the Adam Smith Institute warned against aligning too closely with the EU, saying, "The EU is synonymous with heavy-handed regulation and red tape, while America champions innovation and dynamism. Embracing Europe’s degrowth agenda will make Britain poorer and alienate our American allies. Instead, the UK should pursue a full-fat free trade agreement with the U.S." Meanwhile, Labour leader Sir Keir Starmer met with Chinese President Xi Jinping at the G20 summit in Brazil, marking the first high-level UK-China talks since 2018. President Xi appeared to endorse Labour's economic vision, saying, "The UK is working to fix its economic foundations and rebuild Britain." However, this meeting drew criticism from Conservative figures, including former Cabinet minister Sir Iain Duncan Smith, who accused Starmer of “kowtowing” to an authoritarian regime. "Those suffering under Xi’s genocidal policies and forced labor will feel betrayed," he said. Shadow Defence Secretary James Cartlidge acknowledged the importance of dialogue but stressed the need to recognize China’s "huge threat" to democratic values. As the geopolitical landscape becomes increasingly volatile, Britain’s position in navigating complex relationships with the U.S., EU, and China remains critical. The government's next steps will likely determine whether it can safeguard its economic and political interests without alienating key allies. Based on a report by Daily Telegraph 2024-11-20 -
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Tragedy and Justice: Life Sentence for Hate Crime in California
A California man convicted of the brutal murder of a gay, Jewish college student in a hate-fueled attack was sentenced to life in prison without parole. Samuel Woodward, 27, received his sentence in a Southern California courtroom nearly seven years after the killing of Blaze Bernstein, a University of Pennsylvania sophomore. Woodward, who was absent from court due to illness, had been convicted earlier this year of first-degree murder with a hate crime enhancement. Prosecutors established that Woodward’s attack on Bernstein was motivated by deep-seated animosity toward the victim’s sexual orientation and faith. In a courtroom filled with Bernstein’s family and friends, the emotional weight of the tragedy was palpable. Many attendees wore shirts emblazoned with the phrase “Blaze it Forward,” a campaign inspired by Bernstein’s memory to encourage acts of kindness. Speaking through grief, Bernstein’s mother, Jeanne Pepper, directly addressed the court: “Let’s be clear: This was a hate crime. Samuel Woodward ended my son’s life because my son was Jewish and gay.” She added, “Blaze’s memory and spirit will live on in every kind deed done in his honor.” The sentencing came as no surprise, given the jury’s verdict. Kimberly Edds, spokesperson for the Orange County District Attorney’s Office, confirmed that the life sentence was mandatory. However, Woodward’s attorney, Ken Morrison, sought a lesser sentence of 28 years to life, arguing that jurors hadn’t been presented with all the evidence during the trial. Morrison also indicated plans to appeal the verdict. Blaze Bernstein, just 19 years old at the time, went missing in January 2018 after meeting Woodward, a former high school classmate, at a park in Lake Forest, California. When Bernstein failed to show up for a dentist appointment the next day, his parents searched his room, finding his glasses, wallet, and credit cards, but no sign of him. The family’s investigation into his social media revealed that he had been communicating with Woodward on Snapchat. Initially, Woodward claimed that Bernstein had left the park to meet another friend. However, days later, Bernstein’s body was discovered in a shallow grave in the same park. He had been stabbed repeatedly in the face and neck. The trial focused not on whether Woodward had killed Bernstein but on his motives. Prosecutors argued that Woodward’s actions were tied to his association with Atomwaffen Division, a neo-Nazi hate group known for targeting minorities and LGBTQ+ individuals. Defense attorney Morrison countered that Woodward had no plan to kill Bernstein, attributing the crime to personal struggles stemming from a long-undiagnosed autism spectrum disorder and confusion about his sexuality, exacerbated by his conservative upbringing. Evidence presented during the trial painted a chilling picture of Woodward’s mindset. Authorities recovered a black Atomwaffen mask, a bloodied knife, and antisemitic and anti-gay materials during a search of his family’s Newport Beach home. Prosecutors also revealed that Woodward had used dating apps to lure gay men, abruptly cutting off contact after meeting them, and kept a hateful journal documenting his actions. The case drew widespread attention and outrage in Southern California, particularly in 2018, when local residents joined authorities in searching for Bernstein after his disappearance. The delays in bringing the case to trial further heightened public frustration. Based on a report by NYP 2024-11-20 -
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Employers Warn of Job Losses as Budget Sparks Offshoring Fears
Concerns are mounting among UK businesses following Chancellor Rachel Reeves’s recent Budget, with employers warning of significant job cuts and the relocation of roles overseas to mitigate rising costs. The Budget’s impact, particularly the increased National Insurance contributions, minimum wage hike, and enhanced union and workers’ rights, has left companies grappling with what James Reed, CEO of recruiter Reed, calls a “triple whammy.” Reed highlighted that businesses are increasingly considering moving jobs to lower-cost countries, such as India, to remain financially viable. “Offshoring is something that people have on their list of possible things to do, and that has just moved up the agenda because the cost of hiring has gone up,” he explained. While not a decision companies take lightly, he said such moves would often happen discreetly, avoiding public or employee scrutiny. Neil Carberry, CEO of the Recruitment and Employment Confederation, confirmed these concerns, noting that larger firms are actively discussing offshoring as a response to the Budget. These preparations come amid growing fears that the Budget will negatively affect the UK economy. Deutsche Bank has warned the measures could result in 100,000 fewer jobs, both from direct redundancies and uncreated positions. The rise in employer National Insurance contributions, set to increase from 13.8% to 15% in April, is one of the most contentious measures. It coincides with a higher-than-expected 6.7% rise in the National Living Wage and additional costs from Labour’s Employment Rights Bill, which government analysis suggests could cost businesses nearly £5 billion annually. Industries such as logistics, hospitality, retail, and small manufacturing are expected to feel the brunt of these changes. According to Carberry, many companies are already exploring strategies to offset the increased costs, including automation, offshoring, smaller pay rises for non-minimum-wage workers, and higher consumer prices. Reed cited an example of a white-collar recruiter planning to move 27 UK jobs to India due to the National Insurance increase. He warned this could become a widespread trend, particularly in professional services like accounting, finance, HR, and recruitment, where graduate-level roles are often involved. "With everything connected digitally now, for services businesses, you can move jobs almost as fast as you can move money,” he said. Youth unemployment, already on the rise, could worsen as offshoring affects graduate opportunities. The joblessness rate for 16 to 24-year-olds has climbed from 12.1% last year to 14.8% today, exacerbating concerns about young people entering the workforce. “Graduate jobs have been hit hard over the last few months, so I’m worried about the opportunities available to young people,” Reed added. While Reed’s company, a family-owned UK business, has committed to retaining jobs domestically, he acknowledged the financial strain. “We’re very committed to the UK... but it is going to make it harder to make a return and invest more in the business because it’s an immediate hit to our bottom line,” he said. The government has defended the Budget, citing the need to address a £22 billion fiscal deficit inherited from the previous administration. A spokesperson stated, “More than half of employers will either see a cut or no change in their National Insurance bills. This government is committed to delivering economic growth by boosting investment and rebuilding Britain.” As businesses adjust to the new measures, the potential for large-scale job losses and offshoring remains a pressing concern, casting doubt on the Budget’s promise of economic stability and growth. Based on a report by Daily Telegraph 2024-11-20 -
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Dangerous Russian Fertiliser Dumped in North Sea Off Norfolk Coast
A significant load of contaminated Russian fertiliser, deemed potentially explosive, was disposed of in the North Sea off the Norfolk coast. This startling development was revealed by a council leader following concerns over the ship transporting the cargo, dubbed a "floating time bomb." The MV Ruby, carrying a 20,000-tonne load of ammonium nitrate, arrived in Great Yarmouth on October 28 after being turned away by ports in Norway and Lithuania. The fertiliser was deemed hazardous after sustaining damage at sea, and contamination further complicated efforts to offload it safely. Ammonium nitrate, highly soluble in seawater, poses a risk of eutrophication—an ecological phenomenon where algae bloom excessively, depleting oxygen and harming aquatic life. Notably, the ship's cargo was seven times greater than the 2,750 tonnes that caused the catastrophic Beirut explosion in 2020, which killed 218 people. That incident, one of the largest non-nuclear explosions in history, resulted from improper storage of ammonium nitrate. Despite initial plans to transfer the cargo to another vessel for safety reasons, a portion of the contaminated fertiliser was dumped just beyond the 12-mile international waters limit. Ship tracker data revealed the MV Ruby spent over 30 hours circling the sea before returning to Great Yarmouth’s port on Monday to resume operations. A spokesperson for the shipping firm stated, "The MV Ruby left port briefly for operational reasons but has since returned and the transhipment of cargo to another vessel is ongoing." Richard Goffin, Port Director at Great Yarmouth, defended the port’s actions, saying, "We have performed our duty as a port to help a vessel in distress, and its crew, by providing a safe haven. Everything we have done has been in accordance with guidance and direction received from the Secretary of State’s representatives and the Health and Safety Executive, as well as discussions with many other public agencies, including Norfolk County Council." The Maltese-registered MV Ruby had departed from the Russian port of Kandalaksha in late August, destined for Africa. However, the ship ran aground, damaging its propeller, rudder, and hull. Seeking repairs, it docked in Tromso, Norway, but was forced to leave amid growing public anxiety. Residents, concerned about the risks posed by the ship’s dangerous cargo, protested its proximity to a university, hospital, and residential areas. The MV Ruby faced further rejection in Lithuania before anchoring in the English Channel. Eventually, it was granted permission to dock in Great Yarmouth, a decision welcomed by the town’s new Reform MP Rupert Lowe. While a second vessel is set to transport the remaining cargo to its destination, the MV Ruby will undergo repairs at a separate dry dock. The incident highlights the perils of transporting hazardous materials, especially under compromised conditions, and raises broader environmental and safety concerns surrounding ammonium nitrate handling. Based on a report by Daily Mail 2024-11-20 -
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Sean 'Diddy' Combs Accused of Obstructing Justice Ahead of Trial
Sean "Diddy" Combs, the music mogul facing serious allegations of abuse and sex trafficking, is under scrutiny for allegedly attempting to manipulate witnesses and influence public opinion while in custody. Prosecutors claim that Combs has used his time at the Metropolitan Detention Center in Brooklyn to flout rules and obstruct justice, a charge that adds further controversy to his already high-profile case. Combs, who denies all charges, is scheduled to stand trial on May 5. The 55-year-old rapper is accused of orchestrating a years-long campaign of coercion and abuse involving a network of associates and employees. Despite his vehement denials, prosecutors argue that his behavior in custody demonstrates a willingness to interfere with the legal process. In a Manhattan federal court filing opposing Combs’s latest $50 million bail proposal, prosecutors revealed that recorded jail calls show him instructing family members to contact potential victims and witnesses. They allege that Combs urged his relatives to create “narratives” aimed at swaying public opinion and potentially influencing the jury pool. Additionally, he is accused of encouraging marketing strategies to garner sympathy and support from the public. “The defendant has shown repeatedly—even while in custody—that he will flagrantly and repeatedly flout rules in order to improperly impact the outcome of his case,” the filing stated. Prosecutors further suggested that Combs’s actions imply an intent to blackmail victims and witnesses into silence or to secure favorable testimony. The allegations against Combs include claims that he began breaking detention rules almost immediately after his September arrest. Reports state that he used other inmates’ phone accounts to contact individuals he was prohibited from speaking with, allegedly to evade law enforcement monitoring. Moreover, his jail cell was reportedly raided by federal agents who seized handwritten notes addressed to his legal team, underscoring suspicions about his activities. One particularly troubling accusation involves Combs contacting a witness 128 times over four days in an attempt to persuade her to support his defense. Prosecutors allege he later paid this witness to ensure her cooperation. Such actions, they argue, underscore the threat he poses to the integrity of the judicial process. Two judges have already denied Combs’s previous bail requests, citing him as a flight risk and a danger to the community. His upcoming bail hearing is expected to be contentious, as prosecutors continue to push back against his efforts to secure release before trial. The unfolding case paints a troubling picture of a high-profile defendant allegedly using his resources and influence to undermine justice. With his trial set to begin in a few months, Combs faces mounting legal and public scrutiny over his actions both inside and outside of custody. Whether these new allegations will impact the outcome of his bail hearing or trial remains to be seen, but they add another layer of complexity to a case already fraught with serious accusations. Based on a report by Sky News 2024-11-20 -
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Elon Musk reportedly creating tension within Donald Trump’s inner circle
Elon Musk, is reportedly creating tension within Donald Trump’s inner circle. His visible presence and assertive involvement in post-election activities have irked some key players in Trump’s orbit, raising questions about his influence and intentions. Musk has been a familiar face at Mar-a-Lago since Trump’s recent election victory, which Musk had heavily supported. His involvement has extended beyond financial contributions, with sources alleging he is positioning himself as an indispensable figure in Trump’s administration. According to NBC News, two individuals close to Trump’s transition team expressed their frustration. One noted, “He’s behaving as if he’s a co-president and making sure everyone knows it.” The frustration doesn’t end there. Musk’s tendency to claim credit for Trump’s success has also rubbed some the wrong way. “He’s sure taking lots of credit for the president’s victory. Bragging about America PAC and X to anyone who will listen. He’s trying to make President Trump feel indebted to him. And the president is indebted to no one,” another source commented. Musk’s eagerness to assert his influence has been evident in his actions. From engaging in high-profile international matters, such as meetings with Iran’s U.N. ambassador, to joining Trump’s calls with world leaders like Ukrainian President Volodymyr Zelenskiy and Turkish President Recep Tayyip Erdoğan, Musk’s involvement has given some the impression that he views himself as a “co-president.” One source pointed out, “He wants to be seen as having say in everything (even if he doesn’t).” However, Musk’s high visibility and assertiveness may backfire. Trump is known for disliking anyone who encroaches on his spotlight, and he hasn’t shied away from subtly reminding Musk of his place. During a recent meeting with Republican lawmakers, Trump made a pointed joke at Musk’s expense, signaling that Musk’s role remains subordinate to the former president. Despite the friction, Musk has been appointed to head the newly established Department of Government Efficiency. This nongovernmental body is tasked with streamlining regulations, reducing spending, and cutting government personnel. While the role is officially advisory, the appointment underscores how Trump’s administration rewards those who contribute significantly to his political and financial goals. As one insider observed, Musk has transformed a crucial information platform into a propaganda tool for Trump’s reelection campaign. Still, questions linger about Musk’s long-term commitment to Trump’s agenda. A source speculated that Musk’s motives might not entirely align with the former president’s vision. If Musk continues to overstep, his ambitions within Trump’s administration could face significant obstacles. Whether Musk’s influence endures or fades, his current activities underscore his determination to play a key role in shaping the political landscape—whether others in Trump’s camp welcome it or not. Based on a report by New Republic 2024-11-20
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