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Thought for the day
"The world is a dangerous place, not because of those who do evil, but because of those who look on and do nothing." -- Albert Einstein
ritain's next prime minister will not have room to make large, permanent tax cuts, the Institute for Fiscal Studies said on Thursday, challenging the plans of the two Conservative candidates vying to succeed Boris Johnson as prime minister.
Foreign Secretary Liz Truss wants to reverse more than 30 billion pounds ($36 billion) of recent and upcoming tax rises from her rival, former finance minister Rishi Sunak, who says he wants to cut taxes once inflation is under control.
However, the IFS - sometimes seen as an unofficial arbiter of government spending plans - said the highest inflation in 40 years would require extra public spending in the short term.
Debt servicing costs alone are set to be 54 billion pounds higher next year than the government's budget watchdog forecast in March.
British households are feeling "a sense of exasperation" about the surging cost of living which has pushed consumer sentiment to its lowest since at least 1974, according to the country's longest-running survey of household finances.
The GfK consumer sentiment index sank to a record-low -44 in August from July's reading of -41, which was already the lowest since the survey began. Economists polled by Reuters had forecast a drop to -42.
Households' assessment of their personal finances and the general economic situation declined, both looking back at the past 12 months and for the year ahead.
"All measures fell, reflecting acute concerns as the cost of living soars. A sense of exasperation about the UK's economy is the biggest driver of these findings," said Joe Staton, GfK's client strategy director.
British consumer sentiment has declined steadily over the past year as inflation has risen sharply, climbing above 10% last month for the first time since 1982.
Britain's opposition Labour Party said parliament should be recalled on Monday to freeze energy bills for the winter as the country deals with the worst cost-of-living crisis in decades.
The demand to outgoing Prime Minister Boris Johnson and the two Conservative Party candidates vying to replace him coincides with the next expected energy price cap rise on Friday when parliament is in recess for the summer.
Johnson has faced criticism from within and outside his party that he is in charge of a directionless government that is unwilling to help the public with soaring energy bills.
Charities in Britain are warning that millions of people could be forced into poverty if the government does not come up with a new support package.
Image: Adobe Stock
Cybercriminals prefer to use legitimate sites and services in their phishing scams, not just to trick unsuspecting victims but to sneak past security scanners that would otherwise block traffic from a suspicious site. In a report released Thursday, email security provider Avanan describes a new phishing campaign that takes advantage of Amazon Web Services.
As one of the most popular cloud storage and hosting products, AWS is a tempting target for cybercriminals, especially since it lets anyone create and host webpages. The service allows you to design and host a website using either WordPress or your own custom code. But just as legitimate users can tap into AWS so can malicious attackers.
The head of Poland’s central bank has claimed that Germany is eying up ways of seizing territory lost to Poland after the end of the Second World War.
Adam Glapiński, the President of the Central Bank of Poland, also accused former Polish prime minister and European Council president Donald Tusk, whose “centrist” party was ousted by the current national conservative one, of aiming to overthrow Poland’s current political order with the backing of Germany in the hopes of creating of a federal EU superstate — a stated aim of the current sitting German government.
In an interview with local publication Gazeta Polska, the central banker accuses Germany of wanting to subordinate “the entire belt of countries between Germany and Russia” — seemingly through the European Union.
This, he claims, has long been part of Germany’s “basic national interests”, which allegedly involve “the merger of the German states, or the absorption of practically the GDR, i.e. the former Soviet occupation zone, and since the completion of this task, about regaining some form of their former lands, which are now within the borders of Poland”.
President Donald Trump made two endorsements in Democrat primaries on Truth Social.
Eleven Moroccan children were rescued by Spanish authorities near the exclave of Ceuta this week after they attempted to cross the Strait of Gibraltar alone in a small boat.
The 11 children, said to be aged between six and 11 years old, were first seen by a lifeguard on a beach in Ceuta and were intercepted just over half a mile off the North African coast as their small boat was headed toward the Spanish mainland.
According to the lifeguard, who spotted the boat with his binoculars, the boys were using sticks and their hands in an effort to guide the boat toward the Spanish coast, El Mundo reports.
The lifeguard then took a jet ski to meet the boat and alerted the Civil Guard and Maritime Rescue, who collected the young children from the sea.
According to El Mundo, the children set off from Ceuta after several of the children had already been received into the migrant reception system in the city, one of two Spanish exclaves which lie on the North African coast.
Eric Caballero is moving from one of the wokest names in media to one of the most conservative.
Those taking the German government to task over the ongoing gas crisis have been branded the “new enemies of the state” by one government minister in the country.
An ostensibly “centrist” minister in Germany has branded those looking to hold officials accountable for their chronic mismanagement of the country as the “new enemies of the state”.
Supposed free-thinker and renowned atheist Sam Harris has admitted that he approves of the corporate media manipulating and misinforming the public to stop Donald Trump.
So much for pretending you believe in people hearing all the facts and making up their own minds about things. No, no … in order to preserve democracy, we must manipulate the people, lie to them by way of omission, and hide the truth.
Here it is, straight from the liar’s mouth:
Facebook will prevent edits to ads dealing with social, political, or electoral issues that are approved to run in the week of the midterm elections, among a number of steps it is taking to build on and expand what it calls its 2020 election “safeguards” ahead of the midterms.
In a press release written by Facebook (now known as Meta) Global Affairs President Nick Clegg, the tech company which remains a pivotal force in disseminating news to Americans boasted of its efforts to “protect elections online,” not just in the United States but around the world.
Facebook’s Mark Zuckerberg and Nick Clegg ( YOAN VALAT /Getty)
The leading trade group for transgender surgeons and doctors is lowering its approved ages for sex-change surgeries and sex-shifting hormones, according to a draft recommendation.
The World Professional Association for Transgender Health’s (WPATH) new guidance lowers the recommended age for cross-sex hormones from 16 to 14 years, according to a guidance draft obtained by The Post Millennial this week. The age for double mastectomies, the removal of breasts, has been lowered to 15. Sixteen-year-old boys may seek breast augmentations, facial surgeries and tracheal shaves to reduce the appearance of an Adam’s apple.
Small farmers are the world’s primary food providers. Adele says it’s imperative for policymakers to listen to them, not the big corporates.
Weeding maize, Mongu, Western Zambia, 2012. (Felix Clay/Duckrabbit, WorldFish, Flickr, CC BY-NC-ND 2.0)
Ukrainian troops bombarded Horlivka and Novoluhanske on Thursday, firing seven 152mm shells and six NATO 155mm shells. reported Representation of the Donetsk People’s Republic at the Armistice Regime Joint Control and Coordination Center (GCC).
“The fire was recorded in the direction of the VFU (Armed formations of Ukraine – ed.): 20.50 (coincident with Moscow time) – Dyleevka settlement – Gorlovka settlement (Nikitovsky district): seven shells of caliber 152 mm were fired; 23.00 – Klescheevka settlement – Novoluganskoye settlement checkpoint: six shells of 155 mm caliber were fired.”
The representative office of the DPR in the GCC reported on Thursday that there were 13 shellings of Gorlovka by Ukrainian troops, including 155-millimeter “NATO” caliber projectiles. As a result of the bombing of the city, two people, including a child, were killed and eight injured. Gorlovka Mayor Ivan Prikhodko reported that the cathedral was damaged due to the shelling of Ukrainian troops, the Donbassgaz building and the skin dispensary were also damaged.
Polish oil and gas company PGNiG is forced to take out a loan to purchase natural gas in anticipation of a warming period.
At the end of April this year, Gazprom stopped the gas supply to Poland for refusing to pay in Russian rubles. Previously, the republic received up to 10 million tons of this fuel annually from Russia.
The group’s statement states that PGNiG has “signed a loan agreement with the National Economy Bank (BGK) amounting to PLN 4.8 billion (a little over one billion euros at the current exchange rate)”.
The loan agreement has been concluded for 24 months.
It was noted that by signing the loan agreement, PGNiG benefited from the Treasury guarantee, a mechanism stipulated by the Law on Special Decisions on the Protection of Gas Fuel Consumers Depending on the Gas Market Situation.
Hundreds of Americans were left in Afghanistan following last year’s disastrous withdrawal of US troops — and the Biden administration has no intention to help thousands of Afghans who aided the US during its 20-year war against the Taliban and are still marooned in the collapsing country, the top Republican on the House Foreign Affairs Committee claimed in a damning report released Wednesday.
In a two-page summary of Rep. Michael McCaul’s 115-page report, Republicans on the committee stressed that the White House had repeatedly said “about a hundred” Americans were left behind after the last US troops departed Kabul on Aug. 31, 2021.
Apple disclosed a serious security vulnerability for iPhones, iPads and Macs that could potentially allow attackers to take complete control of these devices.
Apple's explanation of the vulnerability means a hacker could get "full admin access" to the device. That would allow intruders to impersonate the device's owner and subsequently run any software in their name, said Rachel Tobac, CEO of SocialProof Security.
According to enrollment data, nearly 2 million students stopped attending public schools between 2020 and 2021.
Was it a glitch or was it a sign of things to come?
One year ago, following the Taliban’s return to power in Afghanistan, the US froze about seven billion dollars in Afghan central bank assets and cut major international funding to the country.
The measure, which pushed the Afghan economy to collapse, faced backlash from inside and outside Afghanistan. In February, US President Joe Biden signed an order splitting Afghan assets between relief aid to Afghanistan and 9/11 victims.
On Tuesday, nearly 80 family members of 9/11 victims sent a letter to Biden saying the money belongs to Afghans, urging him to release the money without delay.
In Afghanistan more and more people are going without job and cash as the US sanctions have paralyzed the public economy. Frustrated Afghans call for the release of Afghanistan central bank assets and solidarity from the international community.
Majority of the Afghan population is in need of humanitarian assistance. More than half Afghans are going hungry and more than a million children are severely malnourished.
Ankara and Kiev have signed a memorandum on Turkey’s participation in the restoration of Ukrainian infrastructure facilities, Ukraine’s Ministry of Infrastructure said.
"Today in Lvov, Ukrainian Minister of Infrastructure Alexander Kurbakov and Turkish Trade Minister Mehmet Mus signed a memorandum of understanding on the reconstruction of infrastructure, which provides for Turkey’s participation in Ukraine’s reconstruction," the ministry said in a statement on Facebook (an Internet platform banned in Russia since it is owned by Meta corporation deemed extremist by Russian authorities).
On the surface, it seemed like the most surprising aspect of Wyoming Rep. Liz Cheney’s primary defeat on Tuesday was how big the margin was.