After reading with horror the case of the California couple accused of torture and child endangerment, I knew it would only be a matter of time.Attention would soon turn away from the atrocities David and Louise Turpin allegedly committed against their own children. It would turn toward blanket policies that restrict innocent people in an attempt to legislate away evil.In this case, the focus is o...Read More
I thought that this was a cheeky lil shot and it's my first clip ever. I like learning how to edit video of game-play footage. I feel inspired to make a frag video with music and effects one day.Read More
MANILA, Feb 25 (Reuters) - The Philippines central bank is selling its dollar reserves as a defensive measure to manage excessive volatility driven by speculation against the peso, which is hovering near 11-year lows, the bank's governor said on Sunday.The Bangko Sentral ng Pilipinas (BSP) chief sought to allay concern that recent market reforms would put more pressure on an already weak currency...Read More
DUBAI, Feb 25 (Reuters) - Here are some factors that may affect Middle East stock markets on Sunday. Reuters has not verified the press reports and does not vouch for their accuracy. INTERNATIONAL/REGIONAL* GLOBAL MARKETS-Stocks climb, gold suffers as rate-hike worries ease * MIDEAST STOCKS-Emaar continues rebound but Dubai, regional markets mostly move little * Oil climbs with support from Libya...Read More
(Adds context)LONDON, Feb 24 (Reuters) - The Bank of England might need to raise British interest rates somewhat sooner than Deputy Governor Dave Ramsden had expected if wage growth picks up early this year, according to a newspaper interview released on Saturday.Ramsden was one of two policymakers who opposed the BoE's decision in November to raise interest rates for the first time in a decade,...Read More
LONDON, Feb 24 (Reuters) - Bank of England Deputy Governor Dave Ramsden said in an interview to be published on Sunday that interest rates might need to rise sooner than he previously thought if wages grow as fast as the central bank expects in the early part of this year.Ramsden was one of two policymakers who opposed the BoE's decision in November to raise interest rates for the first time in a...Read More
Feb 24 (Reuters) - Berkshire Hathaway Inc , the conglomerate run by billionaire Warren Buffett, on Saturday disclosed a $1.8 billion increase in estimated claim liabilities under a big reinsurance contract with American International Group Inc .In its annual report, Berkshire said the increase, to $18.2 billion, was made in the fourth quarter, and was based on higher-than-expected loss payments re...Read More
As Elizabeth Taylor once said: "I adore wearing gems, but not because they are mine. You can't possess radiance, you can only admire it."It's a good philosophy, because when it comes to the world's biggest, rarest and most extraordinary gemstone discoveries, no one-not even billionaire President Donald Trump-could afford the possession.We're not talking about the average diamond engagement ring th...Read More
As Elizabeth Taylor once said: "I adore wearing gems, but not because they are mine. You can't possess radiance, you can only admire it."It's a good philosophy, because when it comes to the world's biggest, rarest and most extraordinary gemstone discoveries, no one-not even billionaire President Donald Trump-could afford the possession.We're not talking about the average diamond engagement ring th...Read More
(Adds comments from Buffett and investor, Berkshire employees, details from letter)* Non-insurance acquisitions sought* Record profit fueled by corporate tax rate cut* Operating results hurt by hurricane losses By Trevor Hunnicutt and Jonathan StempelNEW YORK, Feb 24 (Reuters) - Warren Buffett on Saturday lamented his inability to find big companies to buy and said his goal is to make "one...Read More
Story by Jeff DesjardinsDraft list released by Feds on Feb 16th, 2018The Chart of the Week is a weekly Visual Capitalist feature on Fridays.What do cobalt, uranium, helium, titanium, and fluorspar have in common?According to the U.S. government, these are all minerals that are deemed critical to both the economic and national security of the country.The draft list of 35 critical minerals was r...Read More
Story by Jeff DesjardinsDraft list released by Feds on Feb 16th, 2018The Chart of the Week is a weekly Visual Capitalist feature on Fridays.What do cobalt, uranium, helium, titanium, and fluorspar have in common?According to the U.S. government, these are all minerals that are deemed critical to both the economic and national security of the country.The draft list of 35 critical minerals was r...Read More
By Jonathan StempelFeb 24 (Reuters) - A giant hurricane, earthquake or other conflagration inflicting unprecedented, catastrophic damage is likely at some point to strike the United States.Warren Buffett says: Bring it on.In his annual letter to shareholders of Berkshire Hathaway Inc , Buffett said "no company comes close" to his conglomerate in its ability to financially withstand even...Read More
(Adds comments from Latvian prime minister and finance minister)By Balazs Koranyi and Gederts GelzisFRANKFURT/RIGA, Feb 24 (Reuters) - Latvia's ABLV Bank is failing or likely to fail and will be wound up as saving it is not in the public interest, the European Union's Single Resolution Board and the European Central Bank (ECB) said separately on Saturday. Accused by U.S. authorities of large-scal...Read More
FRANKFURT, Feb 24 (Reuters) - Norway's $1 trillion sovereign wealth fund, the world's biggest, wants to invest in German medium-sized private companies if the Norwegian government allows it to do so this year, its head Yngve Slyngstad told German magazine Focus.The Norwegian fund is seeking permission to broaden its investments to include unlisted companies, and has in the past lamented its inabil...Read More
(Adds investor quote)By Jonathan StempelFeb 24 (Reuters) - Warren Buffett's Berkshire Hathaway Inc on Saturday reported a record quarterly and annual profit, fueled by a big cut in the U.S. corporate income tax rate championed by President Donald Trump.Fourth-quarter net income increased roughly fivefold to $32.55 billion, or $19,790 per Class A share, from $6.29 billion, or $3,823 per share, a y...Read More
BEIJING, Feb 24 (Reuters) - The Chinese securities regulator said it will ramp up regulation of rejected "back-door listings", as part of a wider overhaul of initial public offerings by Beijing.In a brief question and answer published on its website late on Friday, the China Securities Regulatory Commission (CSRC) said companies that have their first listing rejected will have to wait at...Read More
By Jonathan StempelFeb 24 (Reuters) - Warren Buffett's Berkshire Hathaway Inc on Saturday reported a record quarterly and annual profit, benefiting from a lower U.S. corporate income tax rate.Fourth-quarter net income increased roughly fivefold to $32.55 billion, or $19,790 per Class A share, from $6.29 billion, or $3,823 per share, a year earlier.Quarterly operating profit for the Omaha, Nebraska...Read More
(Recasts, adds details)BEIJING, Feb 24 (Reuters) - China's ruling Communist Party will hold a three-day meeting of its top officials starting on Monday to discuss deepening ofreform, and will also likely decide on key personnel decisions ahead of a government reshuffle next month.In a statement on Saturday following a meeting chaired by President Xi Jinping, who is also head of the party, the off...Read More
BEIJING, Feb 24 (Reuters) - China will continue to adopt a proactive fiscal policy and a prudent monetary policy to fulfill its 2018 economic and social development goals, state media Xinhua reported on Saturday, citing a statement from the ruling Communist Party's politburo.The politburo is the party's top political institution.China's economy grew 6.9 percent in 2017, the first annual accelerati...Read More