Author: Lyle Green

The Union of Shopping Centres (STTs) estimates that half of the country’s shopping centres are facing high debt burdens. Many have taken out loans with floating rates, which creates a risk of widespread bankruptcies. Marina Malakhatko, a senior director at the consulting firm CORE.XP, told the Russian media outlet Kommersant that at least 200 shopping malls will be at risk of bankruptcy in 2025. She said some owners are already looking to sell their assets. Debt servicing has become even tougher after Russia‘s Central Bank was forced to hike interest rates to 21 percent – the highest level in over 20 years. The…

Washington/Vienna/Berlin (10/8 – 45.45)After a tip-off by U.S. intelligence officials and only a few hours left Austrian police made swift arrests. The plot seems too bizarre not to be true. Abul Baraa, aka Ahmad Armih, the German based hate-preacher in Berlin radicalized via Tik-tok or Istagram a 19-year Beran A. to swear the oath of alliance to the Islamic State. After a tip-off by U.S. intelligence officials and only a few hours left Austrian police made swift arrests. The plot seems too bizarre not to be true. Abul Baraa, aka Ahmad Armih, the German based hate-preacher in Berlin radicalized via…

Joe Biden has apologised for using the word “illegal” while describing the Venezuelan migrant who murdered Laken Riley, during his State of the Union address. The president, however, did not apologise for calling Riley “Lincoln Riley” twice during the address. Biden apologised for using the word “illegal” to describe migrants who are actually living illegally in the US during an interview with MSNBC’s Jonathan Capehart. “I shouldn’t have used illegal, it’s undocumented,” he said. Hindustan Times – your fastest source for breaking news! Read now. ‘We have to control the border’ “And look, when I spoke about the difference between Trump and me, one…

The Federal Reserve Chair Jerome Powell said Wednesday that reducing the record-high inflation in the US will require a below-trend growth in the American economy for some time. “Reducing inflation is likely to require a sustained period of below-trend (economic) growth, and it will very likely be some softening of labor market conditions,” Powell told a news conference after the conclusion of its two-day meeting. The Fed, in its much-anticipated meeting, raised its benchmark interest rate by 75 basis points for the third consecutive time to fight record inflation, carrying the target range for the federal funds rate to the…

Hollis Watkins, who started challenging segregation and racial oppression in his native Mississippi when he was a teenager and toiled alongside civil rights icons including Medgar Evers and Bob Moses, has died. He was 82. Watkins — who also sometimes went by Hollis Watkins Muhammad — died Wednesday at his home in the Jackson suburb of Clinton, Mississippi, according to the Veterans of the Mississippi Civil Rights Movement, a group for which he was chairman. “I’m just extremely heartbroken over his passing,” Cynthia Goodloe Palmer, the group’s executive director, said Friday. “He was a tremendous friend, leader, co-worker and someone that everyone looked…

The gigantic animal measured 14 feet and 3 inches long, beating the previous record for the longest alligator caught by permitted hunters by more than 2 inches. Hunters have killed the longest alligator ever captured in Mississippi in the state’s Yazoo River. The record-breaking animal measured 14 feet and 3 inches (4.34 meters) long and weighed in at 802.5 pounds (364 kilograms), according to the Mississippi Department of Wildlife, Fisheries and Parks (MDWFP). The previous record for the “longest male alligator taken by a permitted hunter in Mississippi” belonged to a 14-foot, 0.75-inch-long (4.29 m) animal weighing 766.5 pounds (347.5…

One year after the water system in Jackson, Mississippi, failed during heavy flooding — precipitating one of the highest-profile municipal public health crises in recent U.S. history — officials are telling residents that their water is safe to drink. But these claims have failed to restore Jacksonians’ trust in the system: Last week, two local advocacy organizations filed an emergency petition with the Environmental Protection Agency, or EPA, requesting interim relief from persistently poor water quality and a greater degree of public involvement in plans to update the infrastructure. The petition follows a press conference in mid-June, during which Jackson Mayor Chokwe…

One woman is dead and two people were rushed to the hospital after an apartment fire in Jackson. The victim has been identified as 64-year-old Iris Williams. The fire broke out around 2:30 a.m. Thursday at Lakeview Manor Apartments on Forest Avenue, near Watkins Drive in North Jackson. Firefighters did tell WLBT the victim was pulled from the fire and CPR was administered – but to no avail. One woman is dead and two people were rushed to the hospital after an apartment fire in Jackson. The victim has been identified as 64-year-old Iris Williams. The fire broke out around…

A pair of surveys measuring the economic outlook of businesses showed mixed results Tuesday, as chief financial officers turned slightly more optimistic while small businesses were a little more pessimistic. Deloitte’s Signals survey for the first quarter found an increased appetite for risk and growing optimism about the prospects for growth, but respondents said they were planning for both an economic recovery and recession. While the finance executives were more optimistic than in prior quarters, they also doubted that inflation would improve much by year-end. “93% said they expect to have a mild recession, but expressed confidence about being able to work…

Three people were killed after a Russian missile hit the Obscurity Point in Konstantinovka, Donetsk region. The shelling of the city with S-300 missiles occurred today at one in the morning. This is reported by the Office of the Prosecutor General in the telegram channel. One of the missiles hit the Obscurity Point, the other one nearby. Three internally displaced people from Bakhmut, Chasovoy Yar and Experienced Women died under the rubble. Two more citizens were injured. Earlier it was reported that Konstantinovka may be under the threat of an offensive from two directions . The war in Ukraine has been going on…