Connect with us

Washington

UK’s Kwarteng cuts short Washington trip, returns to London, sources say

Published

on

UK’s Kwarteng cuts short Washington trip, returns to London, sources say


WASHINGTON, Oct 13 (Reuters) – British finance minister Kwasi Kwarteng is chopping brief his journey to Washington for this week’s international finance minister conferences and returning to London to proceed work on his authorities’s medium-term fiscal plan, sources acquainted with the matter stated on Thursday.

Kwarteng confirmed to reporters that he was flying again to London early with out offering additional particulars.

His early departure adopted UK press experiences earlier on Thursday that British Prime Minister Liz Truss was contemplating reversing extra of her authorities’s controversial “mini-budget”, a plan that has roiled the nation’s monetary markets, prompting the Financial institution of England to intervene to shore them up.

Kwarteng is because of announce his medium-term finances plans on Oct. 31, alongside unbiased fiscal forecasts.

Advertisement

Kwarteng had a “profitable” two days on the Worldwide Financial Fund and World Financial institution’s annual conferences right here, the sources stated.

Register now for FREE limitless entry to Reuters.com

Reporting By David Lawder; Modifying by Sandra Maler

Our Requirements: The Thomson Reuters Belief Ideas.



Source link

Advertisement
Continue Reading
Advertisement
Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Washington

Commanders linked to signing two-time Super Bowl champ in free agency

Published

on

Commanders linked to signing two-time Super Bowl champ in free agency


The Washington Commanders have their rookie class in place after the 2025 NFL Draft.

However, the team could still use another pass rusher, and ESPN insider John Keim believes that former Buffalo Bills star Von Miller could fit in Washington.

READ MORE: WATCH: Washington D.C. Mayor releases hype video for Commanders new stadium deal

Buffalo Bills linebacker Von Miller against the Kansas City Chiefs during the AFC Championship game.

Buffalo Bills linebacker Von Miller against the Kansas City Chiefs during the AFC Championship game. / Mark J. Rebilas-Imagn Images

“None of Washington’s current edge rushers recorded more than 5.5 sacks last season after the Commanders let Dante Fowler Jr., and his 10.5 sacks, exit in free agency. But they didn’t draft an edge rusher. Washington likes its depth at the position and beefed up its front to handle the run — a bigger issue than the pass rush in 2024 — but the Commanders also were interested in DeMarcus Lawrence and Joey Bosa in free agency. So, they could still seek more help, with veterans such as Za’Darius Smith and Von Miller, among others, still available,” Keim wrote.

Advertisement

The Commanders will have a chance to sign a pass rusher or two in free agency as the offseason continues along.

READ MORE: Sports Illustrated grades for the Commanders’ 2025 NFL Draft class

Stick with CommanderGameday and the Locked On Commanders podcast for more FREE coverage of the Washington Commanders throughout the 2025 offseason.

 Commanders QB reveals wild recruitment story

• What to know about Commanders’ No. 245 pick, RB Jacory Croskey-Merritt

Advertisement

• 3 bold NFL Draft predictions that could involve the Commanders

 Commanders could trade No. 29 pick to NFC rival



Source link

Continue Reading

Washington

Washington Commanders announcing deal for new stadium on RFK site Monday

Published

on

Washington Commanders announcing deal for new stadium on RFK site Monday


The Washington Commanders will build a new stadium in Washington, D.C., returning the team to its namesake city, sources familiar with the plan tell News4.

The plan to be announced Monday between District and team leadership will see the construction of a state-of-the-art arena on the former RFK stadium site along the banks of the Anacostia River.

Details of the deal are expected to be outlined by Mayor Muriel Bowser and the Commanders’ owners at a news conference Monday morning.

Who’s paying for the new Commanders stadium, and how much will it cost?

News4 reported on the impending deal earlier this month. Documents obtained by News4 showed that the Commanders would put up as much as $2.5 billion, and the District would provide up to $850 million.

Advertisement

D.C.’s funding would go toward what are referred to as eligible capital costs associated with the stadium and infrastructure for the stadium and surrounding 180-acre campus, including parking structures that will serve the entire development.

The District’s investment would be paid in installments, with the first $500 million paid out between 2026 and 2030 for various portions of the work, as the stadium and infrastructure are completed. The other $350 million would be paid in 2032 through taxes generated from the new development to cover costs of the stadium or stadium infrastructure.

On a brand new “All Ears with JP Finlay,” JP breaks down all 5 of the Commanders 2025 Draft picks, what they did right and what they missed. Hear from GM Adam Peters and Washington’s top 2 draft picks about what they bring to the Burgundy and Gold.

The final contribution by the team could be less than $2.5 billion, sources familiar with the negotiations told News4.

When would a new Commanders stadium be finished?

The deal calls for the stadium and parking to be completed by fall 2030. Commanders owner Josh Harris has been clear he wants a new stadium to be ready for the 2030 season.

Advertisement

Long before the move to Maryland, the team played at the now-demolished Griffith Stadium in Northwest D.C. It then called RFK Stadium home from 1961 to 1996. Harris and several co-owners grew up as Washington football fans during that era, which included three Super Bowl championships from 1982 to 1991.

The Commanders’ lease at Northwest Stadium in Landover, Maryland, runs through 2027.

The Commanders were looking for a new stadium for years, considering locations in D.C., Virginia and Maryland.

A potential return to D.C. has included efforts by Harris and NFL Commissioner Roger Goodell to lobby lawmakers to pass legislation transferring the land from the federal government to D.C. It made it through Congress at the eleventh hour, and former President Joe Biden signed it in early January.

Advertisement

News4 will have live coverage of the announcement Monday.



Source link

Continue Reading

Washington

33rd annual Deborah Washington Memorial Soap Box Derby races through Moss Point

Published

on

33rd annual Deborah Washington Memorial Soap Box Derby races through Moss Point


MOSS POINT, Miss. (WLOX) – Thermoplastic wheels rolled across Main Street in Moss Point as the Deborah Washington Memorial Soap Box Derby marked its 33rd racing competition.

Homemade gravity-powered carts simultaneously raced to pass the finish line.

“Whenever you go, it’s like you go so fast you can feel the wind. It’s just amazing,” racer Cassadee Lawson said.

“It was scary and fun at the same time,” soap box racer Aaleyah said.

Advertisement

Families lined the streets, cheering as each race began.

“If your child participates, they start learning how to drive, cause you gotta stay in your lane,” Gladys Vaughn said.

Vaughn is breast cancer warrior Deborah Washington’s mother. Washington spearheaded the event decades ago, starting with seven participants; now, more than 40 racers compete in Moss Point.

“Deborah was the type person she would keep you laughing. She was a comedian, she was everything,” Vaughn said.

It’s all because of Washington that the competitive race exists today. Vaughn says she would be blown away by how much it has grown.

Advertisement

See a spelling or grammar error in this story? Report it to our team HERE.



Source link

Continue Reading

Trending