Another councillor has resigned from the borough’s ruling Conservative group after he cited leadership issues and fears about losing green belt land. Cllr Hari Sharma, who represents Furze Platt, announced he was resigning in front of residents invited to a meeting in the Craufurd Arms, in Gringer Hill, yesterday evening. He said the council was being run ‘badly’ and more opposition was needed to improve transparency and decision making – which he said was too often done by the Tory group behind ‘closed doors’. “(I want to) see more democracy, see more transparency, and more openness in decision making and more involvement of local people,” Cllr Sharma told the Advertiser yesterday. “The will of the people is the basis of authority for local government. “Transparency is the foundation of democracy. “I think when you take decisions behind closed doors it’s not acceptable.” He also wanted to see Spencer’s … [Read more...] about Furze Platt councillor resigns from Conservative group
Dec 18, 9:25 PM EST Newsletter Signup BusinessTechnologyWorldNationalMedia & CultureOpinionSportsLuxury National By Alex Perry 12/18/18 AT 1:57 PM Google on Monday announced its second big move to New York in 2018. After the tech giant in March bought the Manhattan Chelsea Market building for $2.4 billion at 111 Eighth Ave., a $1 billion property in the city is on the way at nearby 315 and 345 Hudson St., and 550 Washington St."Google Hudson Square," which will be roughly 1.7 million square feet, will open in two years, while the Washington Street building is slated open in 2022. Google Hudson Square will serve as the main location for the company's advertising sales division. Google's New York office is shown in lower Manhattan on March 5, 2018 in New York City. Photo: Spencer Platt/Getty Images "New York City continues to be a great source of diverse, world-class talent—that’s what brought Google to the city in 2000 and … [Read more...] about Google New York Campus: Where Exactly Will The $1 Billion Site Be Located?
Asia Facebook Twitter Flipboard Email Enlarge this image The Goldman Sachs headquarters in Manhattan, as shown on Dec. 17. Malaysia has filed criminal charges against Goldman Sachs and two of its former executives on Monday over their alleged role in the ransacking of a multibillion-dollar state investment fund. Spencer Platt/Getty Images hide caption toggle caption Spencer Platt/Getty Images The Goldman Sachs headquarters in Manhattan, as shown on Dec. 17. Malaysia has filed criminal charges against Goldman Sachs and two of its former executives on Monday over their alleged role in the ransacking of a multibillion-dollar state investment fund. Spencer Platt/Getty Images The U.S. bank Goldman Sachs is facing criminal charges in Malaysia in connection with a massive corruption scheme known as the 1MDB scandal. That scandal — involving billions of dollars allegedly siphoned from the "1MDB" development fund — has already brought down … [Read more...] about Goldman Sachs Faces Charges In Malaysia Over Massive Corruption Scandal
Dec 17, 5:00 AM EST Newsletter Signup BusinessTechnologyWorldNationalMedia & CultureOpinionSportsLuxury Business By Pronita Naidu AND Nikhil Kumar 12/17/18 AT 5:00 AM The U.S. housing market, where growth has ground to a halt from decreasing affordability, higher prices and a mindset change in potential home buyers, will take 2-3 years more to recover and contribute to the country’s growth.At the same time, speaking to the International Business Times, analysts also dismissed talk of a housing bubble and allayed fears of a coming slowdown.Perhaps the most striking contrast from 2008, and what has contributed to the current stagnation in the housing market, is what analysts call a mindset shift among potential buyers. They said homebuyers are not willing the way they were before the last bubble to extend themselves to a “very uncomfortable point.”“It was previously believed that home values can only go up and it's the only way to build wealth, Yung-Yu … [Read more...] about U.S. Housing Has Peaked, No Fears Of Crash
President Donald Trump's trade war with China was the top 2019 concern cited by US economists.85% of economists surveyed by the Wall Street Journal also said risks for the US economy are tilted toward the downside, the most in at least three years.Only four economists agreed with Trump's suggestion that the Federal Reserve is the biggest threat to the economy.Some of the country's top economists are the most worried they've been in years about the US economy.According to the Wall Street Journal's monthly survey of economists, about 85% of those surveyed said the risks for the US economy are tilting to the downside — the most since at least the start of 2015.RELATED: Take a look at the New York Stock Exchange before the election: 11 PHOTOS New York Stock Exchange before the election See Gallery New York Stock Exchange before the election Traders work on the floor of the New York Stock Exchange (NYSE) in New York City, U.S., November 7, 2016. REUTERS/Brendan … [Read more...] about The biggest threat to the US economy in 2019 is …