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Robert Mugabe Zimbabwe’s ousted president Robert Mugabe, the 93-year-old last month under popular pressure following a military takeover, will get a residence, a car fleet and private air travel as part of a new government-funded retirement package for former leaders, according to state media.

Mugabe will also be entitled to at least 20 staffers including six personal security guards, all paid for from state coffers, according to details of the benefits published in The Herald newspaper.Read more HERE.

Published on 29/12/2017 @ 01:11 AM  | Top

A child playing games on a smartphone The company behind thousands of the UK’s fixed-odds betting terminals (FOBTs) is offering gambling-style apps on Facebook without age checks, prompting allegations that children are being exposed to the risk of addiction.

Earlier this month, the industry watchdog warned that more than 60,000 children were either gambling addicts or were in danger of becoming hooked. Experts have warned that games mimicking real-life gambling are the “number one risk factor” for developing a problem later in life. Read more HERE

Published on 27/12/2017 @ 8:36 PM  | Top

House for sale signsPrice cutting by homeowners desperate to shift their property in a slowing market has reached the highest levels in six years, according to an analysis by website Zoopla.

Just over 35% of the homes marketed on the site have marked down their price in the hope of achieving a sale, with the biggest discounts in the London property market. The 35% figure compares with 29% just before the EU referendum in 2016, although it is below the levels recorded in the aftermath of the financial crisis. Read more HERE.

Published on 18/12/2017 @ 08:46 AM  | Top

Theresa May is welcomed by European commission president Jean-Claude Juncker in Brussels.Businesses & bankers urged the government to make urgent progress on trade talks after Theresa May secured a “hard won” agreement with the European commission to allow the government to move to the second stage of Brexit negotiations. Sterling was higher against the euro, up 0.2% at €1.1468.

The British Chambers of Commerce also called for more detail early in the new year about the UK’s future trade relationship with the EU. Read more HERE.

Published on 08/12/2017 @ 1:35 PM  | Top

A Lehman Brothers sign is removedInvestors are ignoring warning signs that financial markets could be overheating and consumer debts are rising to unsustainable levels, the global body for central banks has warned in its quarterly financial health check.

The Bank for International Settlements (BIS) said the situation in the global economy was similar to the pre-2008 crash era when investors, seeking high returns, borrowed heavily to invest in risky assets, despite moves by central banks to tighten access to credit. Read more HERE.

Published on 04/12/2017 @ 2:06 PM  | Top

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