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Only one workout helped older adults lose fat without losing muscle
A six-month study of more than 120 adults in their 70s found that high-intensity interval training (HIIT) may offer a key advantage over other forms of exercise: it helped reduce body fat while preserving valuable muscle mass. While moderate and low-intensity workouts also led to some fat loss, only HIIT maintained lean muscle, which becomes increasingly important with age.
Madonna makes rare reveal of 1 major pop diva she was 'jealous' of
"I was like, 'I'll never be as beautiful as Kylie!'" she said.
Madonna makes rare reveal of 1 major pop diva she was 'jealous' of
"I was like, 'I'll never be as beautiful as Kylie!'" she said.
Madonna makes rare reveal of 1 major pop diva she was 'jealous' of
Madonna recently revealed why she was 'jealous' of Kylie Minogue, even though she wore a T-shirt bearing the 'Can't Get You Out of My Head' singer's name to the MTV Music Awards in 2000.
Take an 8-Minute Gameplay Tour of the Remade Havana in Assassin's Creed Black Flag Resynced
Join Assassin's Creed Black Flag Resynced lead level designer Jean Strachen as she takes you on an eight-minute gameplay tour of Havana. See what it looks like now in the gorgeous new remake that will be released for PC, PS5, and Xbox Series X|S on July 9.
Examining the Eagles’ hidden roster strength entering training camp
The Eagles enter training camp with a hidden roster strength in the secondary, where Quinyon Mitchell, Cooper DeJean, and Riq Woolen headline a deep defensive back group.
Prada serves up luxury fashion’s version of pasta pomodoro at Milan Fashion Week
Miuccia Prada and Raf Simons reimagine jeans-inspired basics in leather and technical fabrics for their latest collection.
In season 2 of Sugar, Colin Farrell’s quirky detective becomes much more human
The show’s star talks about keeping secrets, helping John Sugar grow, and why wearing jeans can be so odd.
K-shaped economy impacts summer travel plans for many
Higher-earners are likely to keep spending on luxury vacations, but that doesn't mean you just have to sit by in jealousy.
Small Business Owner and Former Cultural Affairs Commissioner Jeannine Wisnosky Stehlin Launches Bid for Culver City Council
Small Business Owner, Former Cultural Affairs Commissioner, and longtime community volunteer Jeannine Wisnosky Stehlin today declared her candidacy for the Culver City Council. Wisnosky Stehlin is running to be a voice for residents and community members who want strong, collaborative leadership at City Hall. "People come to Culver City because the...
NHL says the 2026 playoffs is the most-watched on record
That surpassed the previous record of 1.56 million in 1996 and is up 68% over last year.
Gauntlet 5K raises funds for Connecticut’s largest adaptive sports program
Hundreds of athletes are competing in the 12th annual Gauntlet 5K on Wednesday morning.
What Lyndon B. Johnson’s Toothbrushes Show Us About Public Health Today
The most effective public health tools are often small, writes Jean Paul Laurent.
Dear Abby: Politics Form Wedge Between Mother and Daughter
Syndicated columnist Jeanne Phillips, writing as Dear Abby, answers readers’ questions.
NJEA supports legislation to fix broken health insurance system
The New Jersey Education Association announced its support today for S4438 sponsored by Sen. Gopal. This legislation addresses one of the most urgent challenges facing public schools and educators in
Overnight News Digest: Science Saturday, 6/6/26
Welcome to the Overnight News Digest with a crew consisting of founder Magnifico, regular editors side pocket, maggiejean, Chitown Kev, eeff, Magnifico, annetteboardman, Besame, jck, JeremyBloom…
Lyon open to Endrick return
Speaking on RMC Sport show Rothen s’enflamme, Olympique Lyonnais’ technical director, Matthieu Louis-Jean, has left the door open for a return for Endrick (19). Endrick joined Lyon on loan fro...
2027 NFL Draft Summer Scouting Report: Gavin Sawchuk, RB, Northwestern
Another Summer scouting report is ready, this time on Northwestern RB Gavin Sawchuk.
'Hacks' stars Jean Smart and Hannah Einbinder break down the emotional series finale
The HBO Max comedy 'Hacks' wrapped up with an emotionally charged series finale. Stars Jean Smart and Hannah Einbinder dissect Deborah and Ava's final scenes, including the one that made Einbinder feel 'pathetic.'
Mammoth Fest lives up to name with food, rides and entertainment
Markus McGowan brought his family to the carnival-like Mammoth Fest in Mt. Pleasant for the first time Sunday. It won’t be the last, the Jeannette resident said. “I love it,” he said. “The rides, games, food — everything is great.” Sponsored by Westmoreland County Parks and Recreation, the event in
Congo and Uganda report 263 confirmed Ebola cases with 43 deaths, Africa CDC says
As of May 30, 263 confirmed Ebola cases have been reported in the Democratic Republic of Congo and Uganda, the director-general of the Africa Centres for Disease Control and Prevention, Jean Kaseya said.
Fire breaks out at Southington auto parts business
Southington Fire Department officials say they are investigating a fire that occurred at an auto parts store on Old Turnpike Road. They say officials were called on scene to Chuck and Eddie’s Auto Parts where they contained the bulk of the fire. According to police, Old Turnpike Road is closed from Mulberry Street to Rejean Road and people are asked…
WTA mourns trailblazing sports entrepreneur Larry King
Long before the Original 9 changed the course of women's tennis, Larry King was helping Billie Jean King turn big ideas into lasting institutions -- from the WTA to World TeamTennis and beyond.
AgriLife Research scientist receives international Borlaug early career award
Shannon Baker, Ph.D., Texas A&M AgriLife Research, received the 2026 Jeanie Borlaug Laube Women in Triticum, WIT, Early Career Awards.
Chicago prosecutor denies investigation into E. Jean Carroll, disputing reports
Multiple reports said the Justice Department was investigating whether she had lied during the course of civil litigation against Trump
DC Wrap: Trump mulls tentative Iran ceasefire deal; DOJ probes E. Jean Carroll
A look at the day's biggest stories in national politics
The real lesson of the E. Jean Carroll investigation is Trump’s weakness
Trump’s war on his enemies keeps running into the same problem.
Second-year NFL players poised for massive breakout: Giants' Abdul Carter, Raiders' Ashton Jeanty ready
These Year 2 players are in position to rise in 2026
Source: DOJ opens probe into E. Jean Carroll, who accused Trump of assault
The Justice Department is investigating whether Carroll lied during the course of civil litigation against Trump, who Carroll says sexually assaulted her
Source: DOJ opens probe into E. Jean Carroll, who accused Trump of assault
The Justice Department is investigating whether Carroll lied during the course of civil litigation against Trump, who Carroll says sexually assaulted her
DOJ opens investigation into Trump accuser E. Jean Carroll
The Justice Department has launched a criminal investigation into E. Jean Carroll, the former magazine columnist who accused President Donald Trump of sexual assault, according to multiple sources familiar with the matter. The investigation is focused on whether Carroll committed perjury in testimony tied to her two civil lawsuits against the president. CNN’s Paula Reid reports.
Exclusive: Justice Department launches a criminal investigation into Trump accuser E. Jean Carroll
The Justice Department has launched a criminal investigation into E. Jean Carroll, the former magazine columnist who accused President Donald Trump of sexual assault, according to multiple sources familiar with the matter.
Licensable picture: FRANCE-POLITICS-GOVERNMENT-FRENCH-MINISTERS-ELYSEE-PALACE
Marina Ferrari, minister of sports, youth and associative life, Jean Pierre Farandou, minister of labor and social affairs, David Amiel, minister of action and...
Former Braves star Bob Horner passes away at age 68
Another influential Braves figure passes away in 2026
Three Positives From the Week of May 17th
A near-perfect week for the Guardians helped them extend their lead atop the AL Central.
Semiconductor decoupling. Powell's politics. Industrializing Ogaden. Free trade and the Magna Carta.
Thank you for opening your Chartbook email. Feliks Topolski, 1907-1989 8th Army’s Front, Italy 1944 Semiconductor decoupling Source: FT One thing that Jerome Powell deeply understood is that chairing the Fed under current conditions is a deeply political job. “Powell has successes and mistakes to his name. But he stands out as having thought more carefully about the Fed’s democratic legitimacy than any chair since Paul Volcker,” said Paul Tucker, a former deputy governor at the Bank of England, referring to the Fed chair who successfully fought the great inflation of the 1970s and early 1980s. … While Powell was at the Treasury in the early 1990s, he watched Alan Greenspan build relationships within the government. That convinced Powell he needed to follow the former Fed chair’s lead and spend more time in Congress than his predecessors Yellen and Bernanke. “The accountability for the Fed runs through Congress,” said Claudia Sahm, a former Fed official who is now chief economist at New Century Advisors. “That’s not just about having people on speed dial — it’s answering questions, explaining policy and getting feedback.” Source: FT Ethiopia’s PM Abiy and Nigerian business tycoon, with Chinese engineering, are driving industrialization in Ogaden/Somali region of Ethiopia. - Michael Masri’s reporting for Africa Report if fascinating. Ethiopia has launched a cluster of large industrial schemes in the Somali region, laying foundation stones for a urea plant and an oil refinery in Gode while opening the first two phases of the Ogaden LNG project. Abiy Ahmed framed the push as part of a broader strategy to link energy, agriculture and industry. “These projects embody more than industrial growth,” he said. “They represent our shared responsibility to harness opportunities, strengthen co-operation and promote peace.” The Gode urea plant, backed by Dangote Group and Ethiopian Investment Holdings (EIH), is designed for 3m tonnes a year. Dangote owns 60%, while EIH holds 40%. Officials say Dangote’s equity totals about $2.5bn, while the state provides land and implementation oversight. Gas from the Calub fields will be piped 108km to the site. Construction is slated for 40 months, with operations targeted for 2028. Ethiopia imports most of its fertiliser, spending more than $1.2bn a year for 1.5m–2m tonnes. Usage was roughly 1.7m tonnes in 2023, almost half of it urea, and demand for 2024–25 is put above 2.4m tonnes. If delivered on time, the Gode plant could cover domestic needs and allow exports to neighbours. Brook Taye, chief executive of EIH, called the venture “a significant milestone in the journey toward industrial self-sufficiency”. Dangote told the groundbreaking crowd that the complex would be integrated with gas supply and a polypropylene unit to support local inputs. He pointed to Ethiopia’s Grand Ethiopian Renaissance Dam (GERD), with a capacity of more than 5,000MW, and noted his group’s cement operations and expansion plans. The Gode refinery is being developed by Golden Concord Group of China. It is designed to process 3.5m tonnes a year of crude and condensate from the Hilala field, with associated storage. Backers say it will ease foreign-exchange pressure from fuel imports and anchor further industrial activity, including a proposed steel smelting site in Dire Dawa. GCL’s chair, Zhu Gongshan, cast the project as “a key step in Ethiopia’s path to energy sovereignty”, underscoring the Beijing–Addis ties. Financing details are still being finalised, but the refinery is central to the government’s energy-security narrative. Source: The Africa Report Dangote’s Ethiopian vision: Dangote began with cement. His crown jewel, Dangote Cement, dominates Nigeria’s market and has 10 operations in other nations in Africa. The formula has been consistent: identify sectors with chronic shortages – cement, fertiliser, sugar – commit massive local investments, and scale up to serve regional demand. Ethiopia was a natural extension of that model. In 2015, Dangote launched the Mugher Cement Plant outside Addis Ababa at a cost of $600m, with an annual capacity of 2.5 million tonnes. The investment gave him a firm foothold in one of Africa’s fastest-growing construction markets. But success came with risks. In May 2018, violent unrest led to the killing of Dangote’s country manager and temporary shutdowns at Mugher. While other investors might have retreated, Dangote doubled down. Today, he is preparing to spend $400m to expand Mugher’s capacity to 5 million tonnes, alongside a new grinding unit near Addis Ababa. Cement is just one market Dangote is targeting. Ethiopia’s enormous state-controlled sugar industry, long plagued by inefficiency and debt, has struggled for years to reform. Its Omo Kuraz Sugar Development Project, touted as one of the continent’s largest initiatives, continues to face delays and mismanagement. … The most ambitious venture of all is the planned fertiliser production complex in Gode, Somali region. Publicised on 28 August 2025, the Dangote Group and Ethiopian Investment Holdings (EIH) deal plans one of the world’s largest single-site urea manufacturing plants. The project costs an estimated $2.5bn and has an estimated capacity of 3 million metric tonnes annually, a rate that would not only render Ethiopia independent, but even a net exporter of fertiliser. EIH, the state wealth fund of Ethiopia, will hold 40%, while 60% is held by Dangote Group. … For Dangote, Ethiopia is a trifecta: Cement demand is projected to grow by 10% annually, its sugar consumption is growing with rapid urbanisation, and fertiliser demand is all but insatiable, given that farming supports the livelihood of 70% of Ethiopians. Source: The Africa Report The stakes for Abiy are high: For Addis Ababa, the $4bn fertiliser project in Ethiopia’s Somali region is no longer simply a manufacturing investment. It is increasingly being framed as a strategic state project tied to food sovereignty, import substitution and the government’s broader attempt to build economic resilience under mounting fiscal pressure. “Becoming self-sufficient in food is our main agenda,” Abiy says during the visit. “Land is needed; we have it. Water is needed; we have it. Human resources are needed; we have it.” The scale is enormous even by African industrial standards. Once operational, the plant is expected to produce three million metric tonnes of urea annually, potentially making it one of the continent’s largest fertiliser complexes. Ethiopian officials say the project now includes a 110km gas pipeline, a 120MW power plant, a polypropylene packaging facility and a two-million-tonne NPK blending plant. For a government grappling with chronic foreign exchange shortages, ballooning import bills and pressure on agricultural productivity, the numbers matter politically as much as they do economically. The decision to anchor the project in Gode is deliberate. Long viewed as peripheral to Ethiopia’s industrial economy, the Somali region is now being repositioned by the federal government as a future irrigation and agro-industrial corridor. Officials argue that the area’s vast land reserves and access to water could eventually support large-scale commercial farming capable of reshaping Ethiopia’s food economy. The government is simultaneously building housing infrastructure for about 5,000 residents near the plant, while officials project broader industrial expansion along the corridor. Abiy goes further, comparing the long-term revenue potential of the Gode development zone with Ethiopia’s flagship state enterprise. “The investments we are making in this Gode area, combined, will generate high revenue for Ethiopia, at par with Ethiopian Airlines,” he says. Source: The Africa Report Feliks Topolski 1907-1982 Topolski’s Chronicle, ‘Nazi Revival’, Vol. 8, Is. 1-2, 1960 HEY READERS, THANK YOU for opening the Chartbook email. I hope it brightens your day. I enjoy putting out the newsletter, but tbh, what keeps this flow going is the generosity of those readers who clicked the subscription button. Photo by Jakub Dziubak on Unsplash If you are persuaded to click, please consider the annual subscription of $50. It is both better value for you and a much better deal for me, as it involves only one credit card charge. Why feed the payments companies if we don’t have to. Subscribe Grim vision of drone warfare by Sylvie Kaufmann For contributing subscribers only. Subscribe The state of the art in Colbert-studies. Jean-Baptiste Colbert was Louis XIV chief minister from 1661 to 1683 and traditionally seen as an architect of absolutism and mercantilism. Alexander Hamilton later cited him as an inspiration in 1782. Now his legacy is disputed. Daniel Dessert, the chief critic, sees Colbert as the orchestrator not so much of an absolutist state as of an elite cabal. Would be great to have a good English-language review of this important debate. Source: lhistoire Didn’t know that the Magna Carta included free trade provisions Fighting for the right to the beach in Oregon in 1967: Source: Research Gate RAF Station – British and Polish Flags, c. 1940-45, The Ingram Collection Feliks Topolski, 1907-1989 ink and wash If you’ve scrolled this far, you know you want to click: Subscribe
Raiders Unveil Plans for Second-Year Running Back Ashton Jeanty
Las Vegas Raiders head coach Klint Kubiak revealed the team's plans for second-year running back Ashton Jeanty in 2026.
Romain Grosjean's No. 18 Car Will Have Kyle Busch's Font At The INDY 500
Kyle Busch's No. 18 will be on display throughout the 2026 INDY 500.
Why Matt Damon and Tom Holland were jealous of Zendaya on "The Odyssey" set
Christopher Nolan was quite taken with the "Euphoria" star's performance.
Baking soda & vinegar volcanoes with Mad Science of Austin & SA
ESPN expects a breakout season for Raiders RB Ashton Jeanty
ESPN is predicting a breakout season for Las Vegas Raiders running back Ashton Jeanty
Feature: Moore ’26 Keeps Busy with Double Science Major and Music
Luke Moore ’26 came to Kansas Wesleyan on a music scholarship. He’s graduating this weekend (May 16) with a double major in Chemistry and Physics. He’s as active on the music side as he is with his science activities — he’s played the cello for 10 years, including four years at Kansas Wesleyan. It’s common, he said, for scientists and musicians to share those interests. “I’ve spoken to plenty of musicians who would have done science if they weren’t musicians, and I’ve talked to plenty of scientists who would have done music if they weren’t scientists,” Mooresaid. He played the cello in the string orchestra, which he’s done since his first year, and as a junior and senior, sang in the Philharmonic Choir as a bass. He hadn’t sung in a choir since middle schoolin Garden City, but he found he really enjoys that aspect of his college career. Also as a junior, Moore helped re-activate the STEM Club as vice president. For two years, he helped build the club’s battlebot. Last year the bot came home from battles in Kansas City in pieces, lots of pieces. This year it came home with the first-place trophy. He’s helped make frozen nitrogen ice cream at Homecoming and other events and helped organize the STEM Club’s first gingerbread house competition for the holidays. Willing to get his hands – and face – dirty for science, he encouraged fellow musicians and scientists to smash him in the face with whipped cream pies on Pi Day (March 14) as a fundraiser for the STEM Club. His capstone project involved developing a metallic organic framework (MOF) that takes a methylene blue dye out of water. “I’m proud that I was able to design this project, and I was proud that I did end up making the MOF,” Moore said. The professors and attitudes at KWU have made all this possible. “I don’t actually have time for everything,” Moore said. “I have to prioritize things. Things inevitably fall through the cracks, but it’s hard for me to choose one over the other, because I like a lot of things. And I don’t want to not do music, and I don’t want to not do science.” Moore said that Kansas Wesleyan, as a smaller university, gives students the opportunity to try things. “If I were to want to be in a music ensemble, it would probably be a bit harder in a larger school. One nice thing about this school is that everyone’s involved in something,” he said. “Professors know that you have other things going on, and they are flexible and understanding.” Moore has applied to grad schools, with an goal of earning his Ph.D. and landing at a university big enough to allow for a small research team that also gives him an opportunity to teach. He’s off to a good start. Moore is receiving the award for Outstanding Research in the Math, Physics and Computer Studies Department at Commencement this year. Story by Jean Kozubowski
Chartbook 449: Voldemort on Threadneedle street. The Bank of England and the "haunted house" of English politics.
Imagine the scene: In some Harry Potter version of 21st-century London, a group of deathless UK Treasury officials gathered from across the last century huddle over warm pints and glasses of Chardonnay. Around the table there are officials from the 1920s, the 1930s, the 1970s, 2022 and today. Inevitably, in May 2026, the subject of conversation is the disintegration of the current Labour government. Despite its huge majority in parliament, it has been reduced to tatters by catastrophic local election result. These exposed the fact that rather than having a government with a clear popular majority, the UK is like most other modern societies divided into 5 segments each of which commands between 26 and 16 percent of the vote. Perhaps unsurprisingly, the leadership at Nos 10 and 11 Downing Street - where the Prime Minister and the Chancellor (Treasury Secretary) work - seem paralyzed. They are caught between mounting discontent over unfairness and the cost of living, and tough fiscal strictures that push them into making unpopular spending decisions. In the London pub, the Treasury officials from across the ages, can barely hide their satisfaction at the latest display of democratic politics caught in the vice-grip of financial logic. “Remember the mur d’argent and the banker’s ramp?” “Just like yesterday!” There are smirks around the table. Then the representative of 2026 pipes up: “One thing you have to say about the current lot (referring to the latest hapless Labour government), you don’t have to teach them about the bond market!” There is a murmur of ascent from the Treasury Mandarins. The trauma of the fiscal crisis of September-October 2022 sits deep. Back then, in the final stages of Tory decay, a ‘mini budget’ that challenged fiscal orthodoxy led to a brief but fierce panic in one of the oldest government bond markets in the world (aka gilt market). Now all you have to do is to mention the “bond market” to hush debate. [ Paul Mason@paulmasonnews In the name of public service, and as ex-economics editor of BBC Newsnight, I offer to do a zoom call, tonight, with any Labour MP who wants to understand why bond markets do not "fall into line" with governments. 1/ 3:57 PM · May 12, 2026 · 466K Views 224 Replies · 674 Reposts · 3.93K Likes ](https://x.com/paulmasonnews/status/2054229532404519082?s=20) “And the funny thing is”, the young man in the huddle continues, “they don’t even want to talk about … ”. There is a sudden hush. Significant looks are exchanged around the table. About? One of the senior figures puts down his glass with a decisive “clink”. He-Who-Must-Not-Be-Named has entered their thoughts. Meanwhile, a few miles away in a grubby pub in Bloomsbury, two conspirators from the camp of Critical Macrofinance huddle over cans of low-alcohol IPA. They look at each other and blurt out loud: “The Bank!” “Everyone in the bloody Labour party is talking about the bond market. But why aren’t they even mentioning … the Bank of England!?” “Why is no one talking about Voldemort?” In Paul Mason’s blogpost, after much chest-thumping about basic fiscal logic, the basic point about the Bank of England is buried in the fine print at #3 in his list of suggestions as to what a radical Labour government might actually be able to do! [ Conflict & Democracy Down with the bond market! Down with gravity! It may seem unfair to focus on Labour MP Paula Barker for her off-the-cuff assertion that the bond market would have to “fall in line” with Andy Burnham, should he replace Keir Starmer as prime minister. But Burnham himself told the New Statesman that Labour had to “get beyond this thing of being in hock to the bond markets… Read more 2 days ago · 100 likes · 3 comments · Paul Mason ](https://htsf.substack.com/p/down-with-the-bond-market-down-with?utm_source=substack&utm_campaign=post_embed&utm_medium=web) Back in Bloomsbury they shake their heads and ask: “Didn’t we learn anything from the Eurozone crisis?” Meanwhile, as if summoned to the conversation by some higher force, the “pink pages” announce: “The days of ultra-cheap government borrowing have come to an end” and Martin “Whizzard” Wolf publishes the graph of the season Look at the UK in 2026, perilously positioned on the upper edge of the pack. No wonder no one in London needs any lessons about the “bond market”. But, look again. Imagine how they feel in Rome. What is London’s nightmare in 2026? The nightmare is that you end up like Italy in the early 2010s during the Eurozone crisis. Once comfortably situated in the middle of the pack, watching with horror as your ten-year yields explode to 7 percent and “spreads” become a national nightmare. One of the largest economies in Europe, a founding member of the euro, stigmatized. But the message of the Italian experience is ambiguous. After all, the stigma didn’t last. In 2026, Italy borrows at rates lower not only than the UK but the US. The US, which, as everyone knows, enjoys the “exorbitant privilege” of being the issuer of reserve, safe asets. What kind of magic is this? How did Italy, in the space of fifteen years, go from being good, to bad and back again? Which brings us back to our dissident friends in their Bloombury boozer and their memories of the Eurozone crisis. Italy never was Britain - with its ongoing fiscal deficits. Without interest payments, on primary balance, from 2000 to 2020 Italy ran a tight fiscal ship. Even in 2008 it barely went into deficit and when it was being put on the rack in the early 20210s its primary surplus matched that of austere Germany. So, what happened? How did it end up stigmatized? Of course Italian politics didn’t help. Berlusconi was at the helm and he had legal issues. But amongst friends in the Bloomsbury pub, Berlusconi is a sideshow, the name we whisper to each other is “Trichet”. From 2004 to 2011 the ECB was headed by Jean-Claude Trichet, ex of the French Treasury, more German than the Germans. After 2009 as the news of the Greek fiscal disaster broke, the European bond markets wento into panic mode and Trichet began a brutal game of cat and mouse. Between 2009 and 2011, Trichet intervened in the bond market to help, only when he thought he had compliance with austerity. When he thought they were uncooperative, he withdrew. In the summer of 2011, he even made direct suggestions to his Italian counterparts in Rome, as to how Italy should be governed. It was this cat and mouse game that drove the bond markets crazy and exposed Italy to a violent squeeze. When Mario Draghi took over the ECB at the end of 2011 and declared “whatever it takes”, the pressure on Italy, gradually eased. It is that starring role that has made Draghi into the towering figure in European politics that he remains today. So now you see why voices in London hush when it comes to the Bank of England. “The bond market” isn’t an irresistible objective force like the weather or an avalanche. It can appear like that. But that depends on the way it is being handled, or not handled by the central bank. Which is why the silence about the Bank of England in London right now is so significant. If you think this all sounds a bit fishy, coming from a left-liberal Keynesian like myself, well, let me introduce you to Robin Brooks, who, to put it mildly, plays on a different quidditch team to me. Here, from the position of a fiscal hawk is Robin’s celebratory account of the Bank of England’s role since 2022; In October 2022, at the height of the bond market blow-up in the UK, something incredible happened. Governor Andrew Bailey told British pension funds the Bank of England would end its support program for the country’s fragile gilt market, drawing a line under how much help the central bank was willing to give to exposed pension funds and - implicitly - the government. By the end of that week, Kwasi Kwarteng - the finance minister - had resigned. Prime Minister Liz Truss would soon follow. This episode is so incredible because it contrasts with what happened in the Euro zone earlier that year. Bond markets in Spain and Italy were under pressure amid high inflation and rising interest rates. In the middle of this, Mario Draghi - Italy’s Prime Minister - resigned, compounding pressure on bond markets of high-debt countries on the Euro periphery. Unlike the Bank of England, the ECB caved. It bought Italian and Spanish government bonds in an effort to cap yields and introduced a new tool that signaled to markets it might do such caps more frequently going forward. Faced with pressure on bond markets, the ECB capitulated to political pressure from high-debt countries like Italy and Spain. The Bank of England stood its ground and toppled the Truss government. This kind of thing has long-lasting consequences. It means markets price a higher probability of yield caps in the Euro zone, which keeps Italian and Spanish yields artificially low, while markets feel free to push up UK yields without fear of central bank intervention. As I flagged in yesterday’s post, this means you really can’t compare UK yields to those of other high-debt countries. The UK looks worse, but only because its central bank isn’t interfering with markets. There’s more to this than just that 2022 episode. The Bank of England has also been much more aggressive in its quantitative tightening (QT) than other central banks. If one motivation for quantitative easing (QE) is to lower bond yields - especially longer-dated ones - then it stands to reason QT pushes yields up. The left chart above shows a four-quarter moving average of UK government debt issuance (black line) in percent of GDP and which sectors absorb this issuance, including the Bank of England (blue bars). The right chart above compares the Bank of England’s accumulation or run-off of government bonds (blue line) with that of other central banks, where this blue line is the same as the blue bars in the left chart. The Bank of England was quicker and more aggressive than other central banks in downsizing its bond holdings, so UK yields will have risen more than elsewhere also for this reason, not just because of Governor Andrew Bailey’s remarks in October 2022. Back in October 2025, after a conversation in New York with friends in British politics, my sense of dysphoria was such that I raised the issue of the Bank of England openly in the FT Since 2008, the UK has slid into a deep economic and political predicament. Growth has stagnated to a degree far worse even than in the 1970s. The Tory leadership’s wager on the Brexit referendum spectacularly backfired, leaving the UK isolated from Europe and at the mercy of its special relationship with the US, many of whose political class regard the UK as a basket case. After years of austerity, the Labour party lurched to the left and then back to the centre. The Tory party has been eclipsed by the populist nationalism of Reform. Any British government should be worrying first and foremost about how to restart growth. Instead, Keir Starmer is beset by shades of the gilt market panic triggered by the Liz Truss government in 2022. The debt level is higher than in recent years, but there is no cause for panic. UK debt is at far from critical levels and of long duration. Whether you want to “take back control” or launch progressive economic policy, a democracy dogged by fear of bond market vigilantes is unhealthy. In a country that is a monetary sovereign, this climate points to one thing: a disconnect between the government and the central bank. Since 1997, the independence of the Bank of England has become a sacred cow. But independence is what you make of it. And in the wake of the gilt market crisis of September 2022, relations between the Bank of England and the UK government need a reset. In normal times, there is no doubt that an inflation-targeting independent central bank can serve a country well. But since 2008, the UK and other advanced economies have not had the luxury of such simple problems. To their credit, central bankers around the world have not stood on orthodoxy. After 2008, the US Federal Reserve rescued the global banking system and, through quantitative easing, it stabilised the Treasury market in the face of huge deficits. In Europe, things were trickier. Both the Bank of England under Mervyn King and Jean-Claude Trichet’s European Central Bank played cat and mouse with national governments. This was a high stakes wager that between 2010 and 2012 escalated bond market tension and triggered a disastrous turn to austerity. Shaken by the impact of those shocks, their successors, Mark Carney and Mario Draghi adopted a more protective stance (assuming you were not the government of Greece). Recall that Draghi’s legendary slogan, “Whatever it takes”, was uttered to face down the City of London’s bond vigilantes. In 2015, Draghi launched QE — financial repression by another name. In 2016, Carney used the authority of the Bank of England to stabilise markets following the vote for Brexit, an exemplary demonstration of how central banks can underpin democratic choice, even when those choices are wrong headed. All these were independent central bankers steeped in the best practice of the 1990s, who recognised that historic crises demanded radical action. It was the price surge of 2021-2023 that poisoned the atmosphere. Though the shock came mainly from the supply side, central banks ended up in the dock. Nowhere more so than in the UK. The Bank of England reacted with aggressive normalisation. Faced with a cost of living crisis, the governor called for workers to accept real wage cuts. In early 2022, as gas prices were at record levels and Russia’s army was poised to invade Ukraine, the Bank adopted a stringent programme of quantitative tightening, elevating interest rates. When the Truss government got itself in trouble, the Bank took almost a week to come to the rescue. Rather than enacting a charade of normality, it is time to recognise that in 2025 the UK faces a period of historic transition. To meet this challenge, what is needed is a new concordat with the Bank. This should not ignore inflationary pressures or the long-run trajectory of debt, but should affirm the priority of reviving investment-led growth. One could follow Donald Trump in demanding interest rate cuts. The Bank could shadow the ECB in its commitment to capping Eurozone yields. But the top priority should be to lay the ghost of September 2022. The Bank’s slowing of QT last month was a concession. An immediate and complete end would send the right signal. Such a concordat will not by itself restore sanity to politics, solve the housing problem or rebuild the NHS. But it would help to lift the fear of bond market crisis, which is paralysing the effort by democratic politicians to answer the fundamental questions facing the nation. Now, that call for a new concordat between government and Bank of Englands seems more urgent than ever. The problem is that in October 2025, Starmer still had some authority. Today the government is in tatters. And when you are the “under the harrow” - to echo a phrase of Montagu Norman’s from the 1920s - it is the worst possible time to consider institutional change. To make general arguments at a time of crisis can only seem like special pleading rather than a general argument for long-term change. The same, unfortunately, is also true for the other basic institutional reform that Britain urgently needs i.e. the abolition of the out-dated first past the post electoral system and its replacement by a moderated form of proportional representation. And thirdly - whilst we are saying the quiet parts out loud - Britain needs to reopen the question of EU membership. What the local election results of 2026 show is that this remains a key issue. And what they also show is that there is a clear majority that would favor a return. Until these basic features of Britain’s political economy are addressed the country will carry on its politics as though in a haunted house, governed by governments that lack actual majorities, conjuring up false constraints whilst ignoring the real ones. This one is for DG and MI. I love writing the newsletter. If you enjoy it too and fancy buying me a coffee once a month, you know what to do. Click below! Subscribe
Bausch Health to Participate in RBC Capital Markets 2026 Global Healthcare Conference
/PRNewswire/ -- Bausch Health Companies Inc. (NYSE:BHC)(TSX:BHC) today announced that Thomas J. Appio, Chief Executive Officer, and Jean-Jacques Charhon,...
Sarah Spain’s 'Good Game' is becoming women’s sports’ daily must‑listen
Sarah Spain is bringing "humor and snark," to women's sports with her women's sports podcast, which Billie Jean Kings listens to everyday.
With the Fire’s arrival, Portland finds another cathedral for women’s sports
A city that has shown up time and again for the Thorns has a new place to showcase its unique sports culture.
Perplexity's New Mac App Brings Personal Computer to Pro Users
Perplexity today launched a new Mac app with support for its hybrid local-cloud AI agent Personal Computer, plus it expanded Personal Computer access to Pro and Enterprise users, so it is no longer limited to just Max subscribers. Perplexity describes Personal Computer as a "personal orchestrator" that hybridizes local and server environments for security and productivity.
The British public need to be better prepared for emergencies
Letter: Jean Coussins says a cross-party Lords committee has been tasked with coming up with a plan to normalise resilience in our everyday lives
2026 Emmy nominations predictions: Drama, comedy, limited series, and acting categories
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US attorney doesn’t rule out continuing to investigate Federal Reserve Chair Powell
US Attorney for the District of Columbia Jeanine Pirro said Sunday that she may reopen a criminal investigation into Federal Reserve Chair Jerome Powell, depending on what an inspector general’s probe uncovers over building renovations at the Federal Reserve.
Voices: North Miami Beach to hold small business summit and expo
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Dear Abby: Woman’s Mental Health Negatively Affects Her Kids
Syndicated columnist Jeanne Phillips, writing as Dear Abby, answers readers’ questions.
Flying Pig partners with 1N5 on suicide prevention in Blue Jean Mile
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Pirro warns against political violence in DC: ‘Not the place’
Jeanine Pirro, the U.S. attorney for Washington, D.C., warned against attempts at political violence in the nation’s capital at a press conference Monday announcing charges against the alleged Whit…
Science Central hosts Earth Day celebration
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Accelerating action to end malaria: A test of Africa’s Health Security and Sovereignty
By H.E. Dr. Jean Kaseya, Director General, Africa CDC As Africa marks World Malaria Day 2026, one fact remains inescapable: malaria continues to impose one of the heaviest and most avoidable burdens on the continent. In 2024, Africa accounted for an estimated 270.8 million malaria cases and nearly 600 000 deaths, representing 96% of global […]
Jeanine Pirro drops criminal probe of Jerome Powell
US Attorney for DC Jeanine Pirro said Friday she is closing the criminal probe of Federal Reserve Chair Jerome Powell.
Business News: Breitling’s House Of Brands Unveils New Executive Leadership With Georges Kern As Group CEO
Industry veteran and former Richemont executive Jean-Marc Pontroué to become new Breitling CEO in May.
Samsung brings SmartThings integration to IKEA's Matter devices
Samsung just expanded its SmartThings connectivity platform to support a number of IKEA products. These devices, like smart lights, operate via the smart home connectivity standard Matter.
5 Steps for Small Business Succession Planning
In this course on the ASI Learning Network, Jeannette Rhodunda of ASI discusses important moves small-businesses owners should make to prepare firms for their next phase.
Partisan politics jolt proposed JEA rate increases
Jacksonville Republican leaders and a Miami political committee's text message attack proposed JEA rate increase and blame Mayor Donna Deegan for it.
Is Swalwell the Straw That Broke Congress’s Back? | WSJ Politics Newsletter for April 15
Plus, two of Jeanine Pirro’s deputies make a surprise visit to the Fed’s headquarters-renovation construction site
Pelin Deniz and Lina Jean Fritz
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Jeanette Gowen Cook named 2025 AAAS fellow
The American Association for the Advancement of Science selected the UNC School of Medicine professor for the prestigious honor.
'Steve Witkoff, Trump's favorite negotiator, boosts his business more than peace'
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ON THE JOB: “What is the Best Business Advice You’ve Ever Received?
Interviews by Deborah Jeanne Sergeant Sound advice can contribute to your success. We recently asked area business leaders, what was their best advice they’d ever received. Here’s what they said: “The best advice I ever received was from my then –boss, Gerry Church, Fulton plant manager at Miller Brewing Co. He told me that whenever I wanted to discuss a business problem or issue with him, I should also be prepared to offer possible solutions. It’s the difference between being proactive or reactive. It’s also the difference between being a leader or follower. That has served me well in any business relationship I have had since then.” — Stephen Chirello, Owner, Steve Chirello Advertising, Fulton “Someone will always do it for less; they will also take the most effort to service or satisfy and leave you for the next lower price.” — John M. Henry, Owner, Speedway Press, Mitchell Printing, Phoenix Press, Oswego “I’m going to answer this question by turning it around and giving my own advice that is, ‘Always treat every customer as if they were your only customer!’ We are celebrating our 50th anniversary in business this year. We started our business on March 25, 1976. My advice works.”” — Nick Chervinsky, President, Brewerton Pharmacy, Brewerton “’You need to toot your own horn, my grandfather, Howard D. Dice, told me.” — Beth Ann Dice, Women’s active aging and cancer recovery coach, Mission Movement Wellness Studio & Breast Cancer Recovery Studio, Fulton “In the micro enterprise class, they taught, ‘Get a good lawyer, accountant and bank.’ That was over 30 years ago and I still have those three today. I chose good people I could grow with.” — Tony Pauldine, Owner, Anthony M. Pauldine General Contractors Inc., Oswego “From my grandfather; ‘Listen to everyone! You never know where you will get the solution you need.’” — Kevin Dean, Executive director, Oswego County Opportunities, Fulton “‘Preparation is the mother of success.’ My dad always drilled that into my head growing up, and it has helped me avoid a lot of snags in both my personal and professional life. Thanks, Dad!” — Bekkah Frisch, Owner and president, iHeart Holdings, Inc., Fulton “If you don’t take a risk and try, you will never know.” — Justin Taber, Owner, Torbitt’s Service Center, Oswego “Be ready to take a loss.” — Cody Seymour, Manager, Damiano’s Eatery, Mexico “I’ve received so much good business advice over the years. When people are giving you advice, always be curious rather than judgmental. Follow your gut. Doing the right thing is never the wrong thing.” — Dana Decker, Principal owner/broker, Berkshire Hathaway Home Services, Oswego ’Do it and figure it out later.’ It hasn’t failed me yet. Too many people take time to think about doing this and this and this and then the opportunity is over with. If it’s somewhat reasonable — if it’s not something outrageous — do it and figure it out later.” — Jeremy Allen, Licensed real estate salesperson, Acropolis Realty Group, Syracuse “’Try to meet the needs of the customer. Treat them like you’d like to be treated.’ It’s like the Golden Rule says.” — Douglas Dickson, Physician and associate at CNY Foot Surgery and Podiatry Care, East Syracuse “The best piece of business advice I’ve ever received applies to life in general: always be honest. Never overstate your capabilities and always be willing to ask questions. The more specific you can be in any given topic will always lead to a better outcome.” — Tom Fernandez, President, Woodbine Hospitality, Syracuse “As a business owner, the advice would be ‘Don’t overextend yourself. Especially in agriculture, expect issues to come up.’ If something is going right, it’s not true agriculture. This last season, we scaled very hard to field another crew. We got more drones, crew and generators based on projections. This last season hit the ag community hard with a very wet spring. We did 15,000 to 20,000 acres for fungicide and the same for cover crop seeding in 2024. We scaled to 25,000 to 30,000 for 2025. We ended up doing 2,000 for fungicide and 3,000 for cover crop seeding. That’s why that advice was good.” — Rick Jordan, Operations manager, CNY Drove Services, Clinton “’Keep your head down, mind your own business and do the best for your clients that you can do.’ It has a lot to do with my success in working for Galloway Century 21.” — Ed Fayette, New York state licensed real estate agent, Century 21 Galloway, Oswego “’Expand in all ways, always.’ It just keeps you going and keeps you growing.” — Stephen Baier, Licensed real estate person, The Real Estate Agency & Bouck Commercial, Auburn “The best advice is, ‘Your biggest asset you won’t see on the books because it comes from your employees.’” — David Flickinger, Owner, Edible Arrangements, Syracuse “Don’t take things personally when you’re working with the public.” — Leeann Desimone, Manager, Annie’s Hallmark Shop, Auburn “‘Follow up.’ The customer knows that you care about what you are doing and that their opinion counts. Sometimes they might be on the fence about whether they want to use your company. If they’re asking your opinion on things, they feel you are concerned about what you’re doing. They like to be kept in the loop if they’re spending money with you.” — Dorothy Casper, Saslesperson, SweetWoods Memorials, Phoenix “The best business advice I received is ‘Never be the smartest person in the room. Surround yourself with people who are smarter than you.’ That’s how you learn.” — Debbie Bilello, Owner, Virtual Office Solutions, Central Square “’You need to grow your business but you can’t grow too big too fast.’ That’s what we’ve done at Pinnacle Maintenance. We’ve tried to grow but not too fast. Along those same lines, there’s another good piece of advice, ‘Don’t take on more than you can handle because it only leads to a bad name for your business and a bad experience for your customers.’ It goes along the same lines as growing your business slowly and carefully.” — David Wines, Owner, Pinnacle Maintenance, Central Square “Always be on time and do what you say you are going to do.’ I’ve done very well following that advice. Most of my work is referral and I don’t really do any advertising so I have a pretty good customer base. It’s mostly word-of-mouth from satisfied customers.” — Robert J. Fleming, Owner, Bob Fleming Windows & Doors, Brewerton “’Concentrate on your finances, always pay your taxes, and form a team you can depend on. Try to help the community you’re in as much as you can.’ We do all of these all the time here. We give and give and give to the community and the community gives back to us always.” — Susan Bonnet, Co-owner, Bonnet Sales and Service, Central Square “Keep smiling. It brings a positive attitude to the workplace.” — Karin Lindsley, Vice president, DTS Truck Service, Syracuse “‘Customer service above all.’ Following this advice has served us very well.’ — Guy Fox, Owner, Fox’s Discount Parts, West Monroe “The best thing to do is to make sure you’re taking in more money than you’re spending. I wish I could say I’m a good businessman but I have been in business since 1981. I’m not a bean counter but work well with my hands and its’s served me well all these years and I am still in business.” — Matt McGill, Owner, Matt McGill Collision, Brewerton
From You, Me & Tuscany to Euphoria: your complete entertainment guide to the week ahead
Halle Bailey and Regé-Jean Page star in a slinky new romcom, while the dissolute teens of the US drama are back in their 20s
Judges keep knocking down weak DC gun cases brought by Jeanine Pirro’s office
The Trump White House touted its surge of National Guard members to Washington, DC, last summer as the way to put more dangerous perpetrators in the nation’s capital behind bars. But in nearly a dozen criminal cases since the surge began, people who were found to be carrying weapons and charged in federal court have walked free.
Buy art made by people with disabilities at ASPIE\'s auction
Jerry and Jean Buckwalter are all too familiar with the gap that exists in support services for adults with disabilities.
Badminton Asia C'ship, Billie Jean Cup ties begin; medal chances at boxing, wrestling Asian C'ship; Candidates continues: Indian Sports LIVE, April 7
Here are all the updates from Indian sports on April 7, 2026.
Jeanine Pirro’s office keeps prosecuting Trump’s foes. Some DC jurors are pushing back
The DC US attorney’s office under Jeanine Pirro has had an unusually low win rate in trials in Washington’s federal district court this year, at a moment when the White House has been clamoring for President Donald Trump’s Justice Department to deliver on prosecutions.
‘Bigger Than Fashion’ Review: Business That Keeps It Casual
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Spring clothes + accessories that are going out of style, from stylists
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Detroit Lions ‘unlikely’ to get bye week after Germany game
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Controversial star receiver named Philadelphia Eagles' most overpaid player
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Arizona Cardinals GM perhaps gave hint about Michael Wilson's future
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Aspen hosts an eve of storytelling with famed sports photographer
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Democrats like Markwayne Mullin but that doesn’t mean they’ll vote for him for DHS secretary
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Science Central holds ‘Groundwater Day’ celebration
National Groundwater Awareness Week was March 8-14, 2026.
Comedians poke fun at Jeanine Pirro’s reaction to judge blocking subpoena against Powell
Seahawks free agency 2026: Seattle brings back a reserve cornerback
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Judge tosses DOJ's subpoenas to Federal Reserve
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Meta to Shut Down Instagram End-to-End Encrypted Chat Support Starting May 2026
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Barzal scores OT winner to cap rally, and Islanders edge Blues 4-3
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NFL world reacts to Bears signing DL Kentavius Street
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Minnesota’s uninsured rate jumped last year — and it could be going higher
Kids are especially hard hit, as Minnesota Health Department statistics say the number of uninsured children in the state climbed more than 70% in two years.
Jean-Michel Aulas ruffles feathers in Lyon after swapping football for politics
Club’s former owner leads the polls in spiky mayoral race but is accused of putting forward ‘nothing of substance’
Exotic prime numbers could be hiding inside black holes
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How is the Iran war reshaping the world and politics here at home?
For the last week, Israeli and US bombs have devastated Iran. And the conflict has widened to include multiple countries in the Gulf. How is the conflict reshaping the world order and impacting Trump’s popularity here in the United States?For sponsor-free episodes of Consider This, sign up for Consider This+ via Apple Podcasts or at plus.npr.org. Email us at considerthis@npr.org.This episode was produced by Connor Donevan, Elena Burnett, Alejandra Marquez Janse and Erika Ryan. It was edited by Barrie Hardymon, Tara Neill, Dana Farrington, Jeanette Woods and Courtney Dorning. Our executive producer is Sami Yenigun.
Book Talk: Women’s History Month brings a wealth of book titles
Book Talk columnist Jean Greenlaw rounds up inspiring nonfiction works, historical fiction and biographical picture books for Women's History Month this March.
NASA updates odds that 'city killer' asteroid 2024 YR4 will hit the moon
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Who could team with Ashton Jeanty in Raiders’ backfield?
Raiders could add tailback in free agency
Iowa political leaders mourn 'bravery and sacrifice' of Declan Coady
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Conexeu Sciences Appoints Jean-Romain (JR) Falconnet as Head of Business Development & Licensing
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Complementary running back a must for Las Vegas Raiders
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The Science of Spa
A look at what happens in our bodies and minds when we swap jeans and sneakers for robes and slippers.
Maggie Gyllenhaal admits to feeling 'envy' toward brother Jake Gyllenhaal early in their careers
Maggie Gyllenhaal admits to feeling a latent jealousy toward her brother Jake Gyllenhaal early in their acting careers: 'I don't think I was in touch with the envy, but it was there.'