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British Politics Is Obsessing Over the Bond Market. Here’s Why.
Britain is facing another round of turmoil in government leadership, jolting debt investors who were already on high alert over inflation.
Ex-Asheville business owner charged with daughter's murder denied bond
A former Asheville business owner accused of fatally poisoning her daughter with wine at Thanksgiving was denied bond.
30-year US Treasury yield hits highest level in 19 years
A bond rout is deepening as inflation fears take hold of the Treasury market, threatening to raise borrowing costs across the US economy.
Macomb takes first step in the creation of a sports complex
The Macomb City Council approved sending a letter of intent to use STAR Bonds for a sports complex project.
UC faculty and staff rally for state investment in science
UC President James B. Milliken and other leaders urged state lawmakers to pass SB 895, bipartisan legislation that would place a $12 billion bond to fund scientific research across California on the November 2026 ballot.
Cleveland County Recreational and Entertainment Facilities Authority seeking proposals for underwriters, trustee bank for future arena bond issuance
The Cleveland County Recreational and Entertainment Facilities Authority approved issuing a request for proposals for an underwriter and trustee bank service for future bond issuance related to the new arena
Need faucets, PT, eyelash extensions? Try these new NJ businesses
Porcelanosa sells kitchen flooring and faucets in Ramsey. JAG Physical Therapy has a new location in Belleville. Bonded Lash Bar is in Fair Lawn.
Bond market rout deepens as inflation fears keep rising
Rolling coverage of the latest economic and financial news
Britain’s got talent: James Bond edition
The casting process for the next James Bond has officially begun.
Large police presence in 800 block of S. Illinois Ave. in Carbondale
A large police presence was reported in the 800 block of S. Illinois Avenue in Carbondale.
New Orleans novelist draws on his experience in group homes for new novel
Joe Bond’s debut novel draws on his youth around group homes in Kentucky, portraying troubled teens’ lives in care during the 1980s.
Are gilt markets acting as ‘the UK’s political police’?
Bond markets smell a crisis from a potential lurch to the left in the Labour Party
Auditions for the next James Bond are finally underway
The name’s Bond, James Bond. But what’s the name of the next person who’ll be playing him?
Auditions for the next James Bond are finally underway
The name’s Bond, James Bond. But what’s the name of the next person who’ll be playing him?
Kyle Schwarber joins Barry Bonds, Mark McGwire in MLB history
The Phillies' slugger continues to etch his place in the history books as he finds himself in the company of Barry Bonds and Mark McGwire.
Oak View Group's Impact On The PWHL Continues To Grow
With PWHL expansion to Oak View Group operated venues in Seattle, and now Hamilton, as well as their league-wide partnership for sponsorship and partnerships, the two organizations continue to strengthen their bond.
Britain's pound, stocks and bonds fall on political uncertainty, global inflation angst
British government bonds, stocks and sterling fell on Friday, as domestic political uncertainty clashed with global worries about an inflationary shock, leaving UK assets in the mire.
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
An update on the search for the next James Bond
Amazon MGM Studios has been assembling the creative team behind the next 007 film. Here's the latest.
Trump courts Xi amid Iran war and trade tensions
Trump praised China’s leader and emphasized their personal bond as both sides sought to steady relations despite tensions over Iran, trade and global power.
UK bond market on edge amid political turmoil
Political instability, fears of drawn-out Labour leadership campaign, and possibility of Reform government all blamed for jump in UK borrowing costs
UK bond market on edge amid political turmoil
Political instability, fears of drawn-out Labour leadership campaign, and possibility of Reform government all blamed for jump in UK borrowing costs
SIU holds inaugural Science Reception to recognize outstanding students and faculty
The College of Agricultural, Life, and Physical Sciences at Southern Illinois University Carbondale held its inaugural Science Reception at the Gower Translational Research Center on April 30. Around 200 attendees enjoyed the evening, which included a reception, happy hour and awards ceremony.
UK Bond Yields Rise With Starmer’s Future as Prime Minister in Doubt
The yields on British debt pushed higher as the country’s prime minister, Keir Starmer, confronted a rebellion from members of his party.
NBC News Aims to Steer Business Coverage Beyond Stocks, Bonds
NBC News really means business this time. The NBCUniversal-backed journalism outlet is launching a new concept that will feature deep conversations with executives whose companies exert a strong influ...
UK bonds under pressure, and pound falls, amid ‘political uncertainty’ over Starmer’s future
Rolling coverage of the latest economic and financial news
UK bonds under pressure, and pound falls, amid ‘political uncertainty’ over Starmer’s future
Rolling coverage of the latest economic and financial news
Families celebrate Mother’s Day with hands-on science and art activities at Carbondale Science Center - KBSI FOX23 News Cape Girardeau News
CARBONDALE, Ill. (KBSI) — Families spent Mother’s Day getting creative at The Science Center in Carbondale, where mothers and grandmothers received free
My grandmother raised me. I cared for her at the end.
My grandmother was my stability growing up. As she aged, I became the one to care for her. It was a full circle bond.
Review: FRANKLINLAND Holds the Key to Entertainment at B St. Theatre
Forty years celebrating the iconic B St. Theatre continues with Franklinland, an engaging exploration of power, legacy, and the bonds between father and son. Lloyd Suh’s play about the complexities of Benjamin Franklin has an emotional core that centers on the volatile relationship between the founding father and his son, William. Director Sean Patrick Nill approaches the show with a balance of comedy and sincerity, wasting no time establishing the imbalance between icon and son.
The shaky policy foundations of California’s overambitious science bond
“Research is best treated as a public good — supported through sustained public investment, not borrowing tied to uncertain returns.”
Science diplomacy lessons from a North Korean volcano
Mount Paektu, a mythic, active volcano on the border between North Korea and China, is almost the epitome of a scientific challenge that crosses political lines. In 946 CE, it erupted in one of the five biggest volcanic events of the past 10,000 years, kicking up huge quantities of ash and sending destructive mud flows down river channels for hundreds of kilometres. Should this happen again, the entire region, including easternmost Russia, South Korea and even Japan could be hit. “It’s definitely got the potential to be big,” said James Hammond, a professor of geophysics at Birkbeck, University of London. An eruption on the scale of 946 would have “huge regional impact.” For the past 15 years, Hammond has helped lead a groundbreaking collaboration with North Korean scientists to study the volcano, navigating scientific sanctions, tough export controls on scientific equipment and a long, pandemic-enforced exodus from the country. Although he seems more at home on far-flung research expeditions – before speaking to Science|Business, Hammond was camping out on a Greenland ice sheet – he has also advised the European Commission on its changing science diplomacy strategy. His long experience with North Korea has made Hammond sceptical of blanket bans on science collaboration, no matter the country.This is a live question in Europe, where in the wake of Russia’s 2022 invasion of Ukraine, institutional ties with Russian universities were almost entirely severed, although some scientists fear this could undermine our understanding of climate change’s impact on the Arctic. Here, Hammond tells the story of the Mount Paektu mission and the policy lessons he takes from it. Ominous rumblingsThe genesis of Hammond’s collaboration came in 2002, when Mount Paektu began to rumble ominously. Earthquake activity picked up and the volcano began to emit unusual gases. North Korean scientists took notice. “People felt we need to know more about this volcano,” said Hammond. In 2011, North Korean vulcanologists put out a request for international expertise to help them learn more. At the time, Hammond and his collaborator, Clive Oppenheimer, were working on a vulcanology project in another sanctioned country, Eritrea, and so decided to answer the call. Within a month, they had flown into Pyongyang. “It was pretty incredible,” recalls Hammond (left). “We were made to feel like honoured guests, and invited to official celebrations.” The scientific opportunity was huge. Paektu is unusually positioned, a thousand kilometres from where tectonic plates rub against each other in the Pacific. “It was an incredibly interesting volcano, but not much research had been done, at least not in the international community,” he said. “There was so much we felt we could do. And we had these partners that were super keen to engage.”The mission received an unusual visitor in the form of volcano-obsessed filmmaker Werner Herzog, who accompanied Hammond and Oppenheimer while directing his 2016 film Into the Inferno about volcanos across the world. Four days into the trip, the German director delivered a long speech about reunification to his North Korean hosts, recalls Hammond. “He got to the heart of the Koreans and how they felt, and how they thought, in a way that I'm not sure I ever will,” he said. UN sanctionsHowever, Hammond realised he’d been “naïve” about how difficult it would be to collaborate with North Korea, which was sanctioned far more heavily than Eritrea. “We didn’t fully appreciate the all-encompassing nature of restrictions,” he said. In 2016, as tensions escalated over Pyongyang’s nuclear tests, a United Nations resolution banned all joint scientific work with North Korea. However, the UN sanctions did allow countries to request carve outs, and the UK successfully requested an exemption for Hammond’s work. Related articlesEU pushes for joint science diplomacy, but care needed to avoid gridlock, experts sayRussia severs its last ties with German scienceAnchor Greenlanders in Arctic climate research, experts tell EU ahead of policy updateExport controls have also delayed Hammond’s work. In one case, it took 18 months to get approval from the UK government to take seismometers, which measure earthquakes, to North Korea. “It was frustrating,” he said. “But they didn’t just say no.” However, one instrument, called an induction coil, used to measure how the earth conducts electricity, was blocked entirely because it can in theory be used to detect submarines. Karaoke bondingSince the collaboration started in 2011, Hammond has visited the country around 15 times, although the pandemic closed off North Korea for more than five years. A trip last November was Hammond’s first since the outbreak. Despite this lengthy interlude, Hammond has deep bonds in the country. The North Korean scientists Hammond works with are somewhat isolated, as they struggle to access the latest research papers and travel to international conferences. That said, they are “excellent geophysicists” and are “very well trained in the field,” he said. Over karaoke and chats about their families, “we’ve made friendships, for sure,” he said. The authorities have to sign-off things like the placement of seismometers, for example, but Hammond said these requests have been approved. “Everything that we've asked for within a scientific context has been delivered.”Scientific backchannels? These kind of personal links between scientists across political lines are one purported benefit of science diplomacy. During the Cold War, some historians argue, scientific contact between the US and Soviet Union laid a groundwork of trust for other cooperation, such as on arms control. Hammond agrees that backchannel contacts to North Korean geophysicists are hardly likely to defuse a military crisis on the Korean peninsula, but the simple fact of the scientific collaboration makes contacts between diplomats that little bit easier. “It creates opportunities to understand each other a little bit better,” he said. “When maybe you have those more difficult discussions as diplomats, it's coming from a slightly better place.” Cutting tiesDrawing lessons from the Mount Paektu mission for today’s links with Russian science isn’t simple. The analogy is far from exact, Hammond said, “because one is essentially a Cold War, versus a pretty hot war in the case of Russia.” But Hammond’s broader argument is that the challenges we face, such as climate change, pandemics, biodiversity loss, pollution and so on, have globalised in an unprecedented way, making blanket shutdowns in collaboration with any country unwise.He’s somewhat critical of the UN scientific sanctions imposed on North Korea in 2016, even though they did allow for exceptions. “I think a blanket halt to some of these things, when we face big global challenges [. . .] that’s quite a risky thing to do,” he said.Institutional endorsement?European academics are still by and large free to work individually with Russian counterparts. However, official, institutional partnerships have largely ended. Shortly following the full-scale invasion of Ukraine in 2022, Russian university rectors wrote a public letter endorsing the war, meaning European universities fear official collaboration could also be seen as a kind of endorsement. Hammond acknowledges there is a risk of legitimising regimes, and state-controlled universities, through scientific cooperation. “That’s the trade off you have to make,” he said. Strategic projectsWith Russia, instead of giving a green light to restart all Arctic science, a middle ground might be firing up a few carefully selected “strategic” projects, said Hammond. After all, European countries are still collaborating with Russia on the International Thermonuclear Experimental Reactor, an experimental nuclear fusion plant in the south of France. However, even if Europe did try to revive Arctic science with Russia, there’s no guarantee Russian scientists would play ball. A series of high-profile arrests of physicists in Russia accused of sharing their findings with the outside world has made collaboration fraught. Even before the invasion of 2022, “the Russian regime made it increasingly difficult, and this sort of discouraged people,” Dag Rune Olsen, rector of the Arctic University of Norway, told Science|Business last year.
Building Bonds Through Competition: Sports Day Unites Soldiers and Families
Soldiers and families gathered for Sports Day to participate in team competitions, recreational activities and morale-building events. The event strengthened relationships across the unit, encouraged teamwork and provided an opportunity for Soldiers and loved ones to build lasting memories together in a positive and energetic environment.
U.K. 30-Year Gilt Yields Hit 28-Year High Amid Political Concerns
Borrowing costs on U.K. 30-year government bonds surged ahead of local elections on Thursday due to concerns about a potential political crisis in the U.K.
US bond yields have passed dangerous level, signal weakness for stocks
The yield on the 30-year US bond rose past 5%, surpassing a key psychological threshold that could weigh on stocks as markets worry about inflation.
In the six-way race to be California’s treasurer, it likely comes down to two Democrats
California's treasurer manages bonds, pensions, and billions in cash. These are the six people vying for the job in 2026.
MSIG USA names Patrick Dougherty to lead surety
Veteran surety executive tapped to build out a new bond platform as company secures an A+ rating for its E&S unit from S&P
MSIG USA names Patrick Dougherty to lead surety
Veteran surety executive tapped to build out a new bond platform and secured an A+ rating for its E&S unit from S&P
Barella and Thuram: ‘Inter always get back on our feet’
Marcus Thuram and Nicolò Barella insist the genuine bond between players is what gave Inter the strength to ‘get back on our feet’ after ending the season empty-handed, going on to win the Scudet...
North Texas voters weigh in on transit, school bonds and more on Saturday
The results are in and North Texans have decided on city races, school bonds, transit propositions and more. NBC 5’s Meredith Yeomans has the latest on Election Night.
Business Lookahead: Eyeing oil, US jobs, and European earnings
STORY: From high oil prices and the conflict in the Middle East to U.S. jobs data and corporate earnings, here’s what you need to watch in business and finance in the week ahead.:: Crude and currencyOil prices briefly topped $120 a barrel this week to hit their highest level since 2022 as the war with Iran enters a third month.While the U.S. and Iran face pressure to end a conflict that has shut the Strait of Hormuz, the world watches anxiously as the biggest-ever disruption to energy supplies unfolds.For each week the Strait is closed, keeping oil elevated, the greater the economic risks via higher inflation or weak growth or, for some, both. Oil importer Japan just intervened to prop up a yen that has been weakened by the conflict.A new month is now underway and some traders will be mindful of that old adage, "Sell in May and go away.":: Jobs gyrationsAs the U.S. economy grapples with fallout from the Middle East war, Wall Street's radar turns to Friday's April monthly payrolls report.The U.S. economy likely created 73,000 new jobs, economists polled by Reuters forecast. In March, payrolls increased by 178,000, the most since December 2024, but that followed a sharp decline in February.The U.S. employment data comes amid signs of hawkishness at the Federal Reserve, as Donald Trump pick Kevin Warsh prepares to take over as chair with the U.S. president keen on rate cuts.:: Starmer’s statusThursday's local elections in Britain, usually a non-event for investors, could move markets in a big way, with opinion polls pointing to a heavy defeat for Prime Minister Keir Starmer's Labour Party.A heavy defeat could spark more widespread demands for his dismissal among his own lawmakers and stoke expectations of a successor more willing to run looser budgets. That would bring more bad news for British bonds.::European earningsIt's a big week for European earnings with Shell and Commerzbank among those reporting.On aggregate, profits are expected to grow 3.2% in Q1, according to LSEG I/B/E/S. Under the surface, it's a little bit more complicated. Growth is expected to be driven by just three sectors: financials, tech and energy. The latter is seen as the biggest beneficiary of the Iran war due to higher oil and gas prices.But if the war, and energy surge, persist, the overall outlook for Europe's earnings could turn.
Dispute over politics leads to shooting. Lawyers argue over who is at fault
Emmanuel Mathews, 80, was arrested on a felonious assault charge and released on bond after shooting a 55-year-old man in a Chagrin Falls park.
James Bond Is Officially Back, and This Month's New Release Looks Phenomenal
Years later, James Bond officially returns this month with a new release, 007 First Light. Catch up on all the details here.
Canine Welfare Science Conference Brings Together Leaders to Address the Human-dog Bond and Ethical, Sustainable Sourcing of Dogs
The power of shared learning, collaborative problem-solving, and civil discourse will be on display as Purdue University’s Croney Research Group hosts the 2026 Canine Welfare Science Conference in Lafayette, Indiana May 29-30. The theme of the two-day event is “Old problems, new solutions: breaking
Spirit Airlines Prepares to Shut Down as Rescue Deal Falls Apart
A $500 million government bailout faltered as the discount carrier ran low on cash and bondholders balked.
Comey Indictment Shows Justice Dept. Got the Message From Bondi’s Firing
In naming only an interim successor as acting attorney general, President Trump has established even greater incentives to execute his most extreme demands, current and former officials say.
Meet 2026 RBSI Scholar, Kaitlynne Franklin, Southern Illinois University Carbondale -
Kaitlynne Franklin, Southern Illinois University Carbondale Kaitlynne Franklin is a first-generation Southern Illinois University Carbondale political science student with plans to pursue a Ph.D. in American politics, specializing in race and ethnic politics. She has [...]
Playing 007: First Light makes me wonder if it's actually possible to nail James Bond - but IOI has made a cracking attempt
Our impressions of 007: First Light after a multi-hour hands-on, and interview with the James Bond game's art director, IOI's Rasmus Poulsen.
‘You can be any Bond you want’: the inside story of 007 First Light
Hitman developer IO Interactive’s pluralistic take on the British secret agent – his first video-game outing in almost 15 years – promises a Bond for all eras. Here’s what you need to know
I Played the New 007 James Bond Game. It's Hitman With a Heart
007: First Light, the first Bond game in a decade and a half, blends infiltration and action worthy of the iconic spy.
Entertainment Listing: April 29
Wednesday April 29 Hangar 9 • Carbondale Star Wars Trivia, 8 p.m. PK’s • Carbondale Trivia, 8 p.m. Thursday April 30 Advertisement Hangar 9 • Carbondale International Jazz Day, 5 a.m. Urban Cowboy Line dancing, 7 p.m. Brews Brothers • Murphysboro Trivia, 8 p.m. Route 51 • Elkville Nate Graham, Tim Whiteford and Tall and...
Helldivers 2's latest balance patch sees a major shakeup to durable damage, affecting the new warbond Exosuits
Helldivers 2's latest patch notes affect durable damage balancing as the new Exosuit warbonds update rolls in, balancing the game around armor.
BBVA channeled €30 billion into sustainable business for social activities in 2025 (+52% year-on-year)
BBVA channeled €30 billion into sustainable business for social activities in 2025, 52% more than in 2024, accelerating its growth rate. Activity was distributed across financing for entrepreneurs and microbusinesses, financing for the construction of social infrastructure, products for financial inclusion, social bond placements, loans linked to social indicators, and financing for clients whose activities generate a social impact.
Connections: Tyson Foods appoints chief accounting officer - Talk Business & Politics
Springdale-based meat producer Tyson Foods Inc. has named Phillip Thomas as its new chief accounting officer and controller effective April 6. He replaces Lori Bondar, who is stepping down and...
New documentaries explore 'Oklahoma Standard,' Thunder's bond with OKC
Two new \
See photos of SGA, KD, Russ and more from ESPN's 'The Oklahoma Standard'
The feature documentary, which chronicles the bond between the Thunder and the Oklahoma City National Memorial, debuts April 26 on ESPN.
Court rules Buffalo comptroller must issue bonds for proposed capital project
Mayor Ryan says the new decision will allow Buffalo to move forward with critical infrastructure projects.
Entertainment Listing: April 22
Wednesday April 22 Hangar 9 • Carbondale Carbondale Idol, 7 p.m. Open Deck Night, 10 p.m. PK’s • Carbondale Trivia, 8 p.m. Little Nashville • Marion Advertisement Bingo, 6 p.m. Thursday April 23 Hangar 9 • Carbondale Gnarly: A Girlypop dance party, 9 p.m. PK’s • Carbondale Cold Front and RGB Lighthouse, 9 p.m....
Play with your dog. It’s good for both of you.
Hide-and-seek, peekaboo, and more can strengthen emotional bonds.
Nvidia's once-tight bond with gamers is cracking over AI, 'and that breaks my heart'
Gamers once helped save Nvidia from bankruptcy. Now they feel left behind as the memory crunch drives focus to AI chips and DLSS 5 disrupts game design.
Entertainment Listing: April 15
Wednesday April 15 Hangar 9 • Carbondale Saluki Con Super Hero Trivia and Costume contest, 8 p.m. PK’s • Carbondale Trivia, 8 p.m. Project Human X • Carbondale Advertisement Open studio, 4 p.m. Paint night: “Spring Gnome,” 6 p.m. Little Nashville • Marion Trivia, 6 p.m. Thursday April 16 Booby’s • Carbondale Karaoke, 8:30 p.m....
What's next for Bondi, free speech tests & TPS under fire: IFP
Pam Bondi gets fired, but will she testify? A new law lets DeSantis designate "domestic terrorists" and Trump rails against a federal refuge program.
Despite late-night maneuvering, agriculture bond fails enactment again
A final push for a $45 million agriculture bond was still not quite enough to get the legislation past the finish line and on the November ballot. Instead, the bond is stuck between chambers as the Maine Legislature ends the session.
Analysis | Trump tests loyalty of Christian supporters as erratic behavior escalates
The president maintains his hold on the Christian right, but his bluster, fight with the pope and portrayal of himself as a Jesus-like figure strain that bond.
'Spaceballs' sequel, 'Thomas Crown Affair' previewed at CinemaCon, but no Bond updates
The cast and filmmakers behind the “Spaceballs” sequel, including Bill Pullman and Rick Moranis, brought humor to CinemaCon in Las Vegas | WBBM Newsradio 780 AM & 105.9 FM
'Spaceballs' sequel, 'Thomas Crown Affair' previewed at CinemaCon, but no Bond updates
The cast and filmmakers behind the “Spaceballs” sequel, including Bill Pullman and Rick Moranis, brought humor to CinemaCon in Las Vegas | KNSS Radio
Business groups object to paper bag fee in Massachusetts environmental bond bill
Scientists develop 'light switch' for the love hormone
Researchers have developed a molecular "light switch" for the so-called love hormone oxytocin, offering new insights into how social behavior, partnership bonding, emotions, and mental health are wired ...
Comer, Democrats spar over Bondi testimony schedule
Rep. James Comer and his Democratic counterpart on the House Oversight Committee are sparring over a subpoena of former Attorney General Pam Bondi.
Beyond brains: How CCHS’ science team grew, triumphed, and bonded
Built from scratch. the Concord-Carllsle team placed ninth out of 78 at the recent Massachusetts State Science Olympiad.
Bondi: The firing of an attack dog
She couldn’t make the Epstein Files go away
Cleveland County Commissioners approve up to $50 million bond sale for Rock Creek Entertainment District arena
The Cleveland County Board of County Commissioners unanimously approved the sale of an up to $50 million bond anticipation note for OU’s planned arena in the Rock Creek Entertainment District
Dallas ISD voters to decide largest school bond in state history
On May 2nd, voters living in Dallas ISD will decide whether to pay $33 more a year in property taxes to pay for a $6.2 billion bond package. The plan would build 26 new schools and make major upgrades to facilities and technology at every campus. Lone Star Politics speaks with Miguel Solis, former President of DISD Board of Trustees and now the President of the Commit Partnership.
Lone Star Politics: April 12, 2026
Texas Senators consider social media ban for children. Plus, we take a deep dive into one of the largest bond elections in the history of the state. NBC 5’s Phil Prazan and Gromer Jeffers with The Dallas Morning News bring you the latest in Texas politics.
Careful, huge spoilers are out for James Bond game 007: First Light, following an Indonesian Game Rating leak
IO Interactive's 007: First Light spoilers have surfaced online alongside other upcoming video game leaks.
Trump accounts complicate the wealth gap debate
First baby bonds, now Trump Accounts for newborns. A debate ensues on who will benefit the most from these child wealth-building vehicles.
Anthropic's Mythos sparks Washington's big bank anxiety
Manufacturing a disease and selling the cure is a Bond villain business plan. Is Anthropic all that different?
Epstein survivors criticise Melania Trump after surprise statement
First lady had called for a public hearing for survivors but a group of those affected say they have ‘done their part’ and reiterate calls for Pam Bondi to be questioned
St. Petersburg Council advances $600M infrastructure bond proposal to Committee
Council took up the item without debate, reflecting desire to at least advance the conversation through the process despite likely debate.
Ohio economists: Water-quality bonds good for public health, uncertain about other benefits
Economists agreed that water-quality bonds would benefit Ohioans. But they were less certain that they would grow the state economy.
Bondi to defy House Epstein subpoena
Democrats and some Republicans criticized Bondi for the move
‘They don’t want her to answer questions": Rep. Walkinshaw reacts to DOJ saying Bondi won’t testify in House Epstein probe
Bondi won't appear for House deposition next week in the Epstein investigation
A spokeswoman for the House Oversight Committee says that the department has signaled that Bondi won’t appear on April 14 “since she is no longer attorney general and was subpoenaed in her capacity as attorney general.”
Zeldin tells climate skeptics to 'celebrate vindication' after repeal of baseline climate rule
The head of the Environmental Protection Agency on Wednesday defended his decision to repeal the legal determination that serves as the basis for federal rules to slow climate change.
Entertainment Listing: April 8
Wednesday April 8 Booby’s • Carbondale Local band benefit night: Hair of the Dog and Parallel Play, 8 p.m. Hangar 9 • Carbondale Open Deck Night, 9 p.m. PK’s • Carbondale Advertisement Trivia, 8 p.m. Project Human X • Carbondale Open studio, 4 p.m. Little Nashville • Marion Wing night encore, 6 p.m. Thursday...
James Bond game 007: First Light delayed a bit on Nintendo Switch 2
IO Interactive's 007: First Light is still targeting a May release, but its Nintendo Switch 2 port won't arrive until later.
Gov DeSantis: ‘Political and cultural bonds’ with parts of Europe have ‘eroded’
Florida Gov. Ron DeSantis discusses his new law allowing the state to designate groups as terrorist organizations and criticizes several European countries over their immigration policies on ‘Hannity.’
Sony Pictures Entertainment to cut hundreds of film and TV jobs
Under the new leadership of CEO Ravi Ahuja, Sony Pictures Entertainment will emphasize franchises and next-gen content. With these changes, the company plans to lay off a few hundred employees across its film, TV and corporate divisions.
Acting AG says ‘Nobody has any idea why’ Pam Bondi was fired except for Trump
During his first news conference Tuesday, acting Attorney General Todd Blanche showcased his loyalty to President Donald Trump while declining to answer specific questions about the war with Iran, why Attorney General Pam Bondi was fired or other investigations into the president’s enemies.
Scientists just uncovered the secret behind nature’s “proton highway”
Scientists have zoomed in on how phosphoric acid moves electrical charges so efficiently in both biology and technology. By freezing a key molecular pair to extremely low temperatures, they found it forms just one stable structure—contrary to predictions. This structure relies on a specific hydrogen-bond network that may be universal in similar systems. The discovery helps explain how protons travel so quickly and could inspire better energy materials.
Carnegie Science cuts 100-year bond with Johns Hopkins
The nonprofit Carnegie Science will close its operations at Baltimore’s Johns Hopkins University this summer, ending a 100-year cooperation between the school and one of the largest private funders of...
Winner and Loser of the Week in Florida politics
Pam Bondi is out. Alex Vindman is raising serious bucks. And school choice is more popular than ever.
Week in Politics: Trump's latest speech; SCOTUS on birthright citizenship; Pam Bondi
President Trump claimed victory in Iran during a prime-time address to the nation. Meanwhile, Attorney General Pam Bondi is out, and the Supreme Court heard oral arguments on birthright citizenship.
How Pam Bondi lost her job
Her time in office showed her willingness to go where previous attorneys general wouldn’t and mold the Justice Department to a president’s political vision.
‘This is a recalibration’: Trump Cabinet worries no one is safe after Bondi and Noem firings
When President Donald Trump ousted his attorney general, Pam Bondi, it sent a clear message to his remaining Cabinet members: The job security they’ve enjoyed until now is no longer guaranteed.
Fact-checking key moments in Bondi's tenure as Trump's attorney general
PolitiFact has fact-checked Bondi since 2010, during her Florida attorney general run, a seat she held from 2011 to 2019. Here are some key moments and falsehoods from her year-plus in the nation’s top law enforcement spot.
Who could be next after President Trump ousts Bondi? Political analyst weighs in on possible cabinet moves
President Trump is said to be considering removing other officials in his cabinet according to Trump administration officials.
Trump fires Bondi after tumultuous tenure
Deputy Attorney General Todd Blanche will serve as acting AG