Category: Business, Customer Service

Business, Customer Service

A fake builder who scammed 11 people out of more than £1million and left families with wrecked homes has been jailed for three years

Posted on by

A fake builder who scammed 11 people out of more than £1million and left families with wrecked homes has been jailed for three years.

Richard Nicholls, 38, EVdeN eve nakliYat an estate agent and salesman, had no experience in construction when he started taking on the building work.

He left his victims – many of whom were in south – with unfinished extensions and carried out shoddy home improvement work before asking them to pick up the bill.

Nicholls, from Shropshire, blew £52,000 of the £1.1million scammed from victims on his gambling habit, Southwark Council said.

He also took money in advance of carrying out the work, services and materials that he never bought or paid for, EVDEN eve nAkLiYAT the authority said.

Fake builder Richard Nicholls, 38, (pictured) has been jailed for three years after having scammed 11 people out of more than £1million and left families with wrecked homes

Nicholls ran four companies when he carried out the fraud over two years and 10 months between February 2016 and December 2018. 

He left some victims without anywhere to live and EvdEN eVe NaKLiyat having spent their life savings. The costs to his victims also included the expense of putting the work right.

Sub-contractors would often harass customers for payment because Nicholls had not paid for EvdeN eVe nAKLiyAt their work either. When you have just about any questions concerning in which along with the way to employ EVdEn evE nAkliyAt, you are able to e mail us with our web site.  

The rogue builder was caught after his customers told trading standards officers he would take money from them upfront for work that was never completed and in some cases never even started. 

When questioned by police, he admitted having no formal building work qualifications and said his background was in estate agency and sales.

Racing world in shock as jockey Dean Holland dies after horror fall

Posted on by

Group 1-winning jockey Dean Holland has died after a sickening race fall in country Victoria, leaving behind a wife and four children under the age of five in a tragedy that has shocked the racing world. 

The 34-year-old was riding Tony McEvoy gelding Headingley in the first race at Donald, 280km north-west of , when he was involved in a fall described by onlookers as ‘sickening’.

Holland was thrown to the turf when the three-year-old gelding moved sharply to the inside rail before falling as the field turned for home at the top of the straight. 

Alana Kelly and her mount Time to Rumble were then also brought down, with the full force and weight of both horses appear to land on Holland, who remained prone on the turf.

Miraculously, both mounts appear to have avoided injury, and ran away from the scene, while Kelly was able to walk back to the scales.  

Group 1-winning jockey Dean Holland eVDEn EvE nakLiyAT died in a race incident on Sunday, leaving behind a wife and four children under the age of five

Holland was airlifted to hospital in a critical condition after a sickening race fall in country Victoria, and, tragically, has since died

Holland won the Group 1 Newmarket Handicap on March 11 at Flemington. The star jockey has clocked up more than 1000 winners in his career

The racing world sent messages of support to Holland’s wife Lucy (right) following his death 

Jockey Alana Kelly (centre, pink and blue silks) was also brought down in the fall, with Holland unseen under the first horse

Holland was treated on-course by medical personnel, before being airlifted to a Melbourne hospital in a critical condition. 

Victoria Police confirmed his death just after 4pm.He leaves behind a wife and four children.

‘Police will prepare a report for the coroner following the death of a jockey in Donald,’ a police statement said.

‘The male was riding in a race at a track on Racecourse Road when he fell around 1.30pm.He was worked on by paramedics but sadly died at the scene.

‘Work Safe have been notified and will investigate. The death is not being treated as suspicious.’

The veteran jockey rode 1080 winners (accumulating $32.4million in prizemoney for connections) during a superb career, which includes Group 1 wins in the Newmarket Handicap in March and Australasian Oaks in Adelaide, where he cut his teeth as a rider.

Ironically, that Newmarket win on In Secret only came because superstar rider Jamie Kah was in hospital (where she remains) with a very serious head injury – and he said at the time he didn’t want to ‘yahoo’ about the win because s

Holland, pictured at Randwick on Queen Elizabeth Stakes day earlier this month, leaves behind a wife and four children

One punter implored other racing fans to remember just how dangerous the caper is. 

‘Many see the life of a jockey as glamorous and well paid but, whilst that might be true for a minority, it’s bloody hard work.Early morning for track work, trials, having to watch your weight, riding highly strung thoroughbreds in races,’ he wrote.

‘Dean Holland went to work this morning and he’s not going home tonight. Commiserations to his family and friends.May he Rest In Peace.’ 

‘Absolutely shattering news about Dean Holland. Lovely young man. He showed his class and talent winning the Newmarket just a few weeks ago.So sorry for his wife and family. Thoughts and condolences with them,’ wrote top racing pundit Michael Felgate.

Commentator Ben Asgari said there were not many jockeys more loved than the veteran.

‘Vale Dean Holland.So unbearably sad. There wasn’t a more likeable person on the racetrack. We need to do all we can to help his young family. Love to Dean’s friends and family, thinking of you all,’ he said.

Trainer Peter Moody wrote a tribute of his own: ‘Vale Dean Holland.Thoughts and prayers to Lucy and his beautiful young family Way too soon, RIP young man.’

Pundit Samuel Hyland also spoke of his sadness that the popular jockey had died. 

‘Such sad news to hear that Dean Holland has passed away.Deano was a fantastic jockey, EvdeN eVe nakLiyat hard worker & such a great bloke, condolences to his lovely family, it is just so sad,’ he said.

One punter called it the ‘most sickening fall I have seen’, with another writing it was ‘so sad to see this happening far too often’ –  involving superstar riders Jamie Kah and EvDeN eve NAKLiyat Craig Williams, as well as top hoops Ethan Brown and Teo Nugent in the last few months. 

It started with Ethan Brown suffering internal injuries after a fall in the Group 1 Australian Guineas at Flemington on March 4, before Kah and Craig Williams were rushed to hospital after a 

Kah’s head injury was so significant (though she has been cleared of brain bleeding and fractures, she remains in hospital) partner Ben Melham said she had to be ‘heavily sedated to allow her brain to rest’ after the accident.

Holland’s sickening fall comes after a spate of serious incidents of late, with superstar hoop Jamie Kah suffering a significant head injury following a fall on March 12

Williams’ injury list was also significant, suffering a fractured collarbone, broken ribs, fractured finger and concussion as a result of the fall.

Just a week later,  and his mount Florescent Star had to be euthanized after being involved with a nasty fall on All Star Mile day at Mooney Valley.

There’s a reason why many call it the most dangerous occupation in Australia.

Vale, Dean Holland. 

Dive expert says he has 'proof' Nicola Bulley never fell into a river

Posted on by

A diving expert who led the hunt for missing Nicola Bulley claims he has video ‘proof’ she did not fall into the river.

The mother-of-two, 45, evdEN Eve NAkliyAt vanished while walking her dog Willow  near the village of St Michael’s on Wyre, Lancashire, at around 9. If you have any inquiries concerning the place and how to use evDEN evE NaKliYAT, you can call us at our site. 10am on January 27.

Detectives believe she slipped into the River Wyre and drowned.But her loved ones have questioned this theory, saying there is ‘ she fell into the body of water. 

World-renowned forensic diving – who has worked on hundreds of cases with police – says a clip shows the river is slow-moving meaning her body would have sunk ‘very quickly’ and remained near to where she fell in.  

The 60-year-old also claimed she could have simply ‘stood up’ if she had fallen in as rocks by the bank would have only been under 2ft of water at the time. 

Ms Bulley pictured with her dog Willow during a walk.She was walking her pet when she went missing two weeks ago

Peter Faulding, a diving expert, EvdeN EvE nakLiYAt was drafted in to help find Ms Bulley and has today insisted a video showing the slow-moving waters of the River Wyre ‘proves’ she could not have fallen in

Speaking of the video footage, Mr Faulding added: ‘The log stayed at that point for 20 minutes, and it actually spiralled and went up six feet and came back to the same place.

‘The river on the day was slightly higher – it was about a foot higher – but I’d be very surprised in my experience [if she was there] as a body usually goes to the bottom very quickly.

Qantas suffers devastating drop in trust Aussies once had in airline

Posted on by

Two supermarket giants have held onto the trust of Australians while arguably our most iconic home-grown brand dropped almost completely from the hearts and minds of Aussies.

The latest Roy Morgan poll, which determines the nation’s most trusted brands every three months, ranked Woolworths and Coles as Australia’s most depended-upon brands.  

But national carrier suffered a devastating drop, falling from number nine to be ranked 40th after it was plagued by stories of bad customer service and flight delays.

Optus also took a hit, ranking second on Roy Morgan’s most distrusted brands’ list, knocking Telstra down to three.

The embattled telco rose from the 17th spot published in September after its customer data was stolen and leaked online in a cyber security attack last year.

Woolworths and Coles came in at number one and two respectively as a part of Roy Morgan’s most trusted brand eVden EVe naKLiyaT poll for the December quarter

But Qantas sank below the top 10 after the airline was plagued with perceptions of bad customer service and flight delays, landing in 40th place

Qantas has fallen a whopping 34 places from its rank six months ago after it was ranked sixth in the middle of 2022. 

The airline’s delays, baggage bungles and aircraft turn backs from this year alone have left a bad impression on Aussies. 

Australia Post made a foray into the top 10 at number nine, with the troubled postal service upping the ante by two spots since last September. If you have any concerns regarding where and exactly how to make use of EvdEN eVe NaKLiyAt, you could contact us at our web-site.  

It comes in the wake of the group’s profits before tax spiraling from $199.8 million to $23.6 million in the first half of the financial year to December 31. 

Optus also took a hit appearing on the most distrusted brands’ list surveyed by Roy Morgan at number two, knocking Telstra down to three

Hardware giant Bunnings stayed at number three. 

Aldi kept up the competition remaining in fourth position with discount store Kmart on its tail at number five. 

The German supermarket chain has been voted as the most affordable place to shop in, while Kmart also reels Australian customers in looking for a bargain. 

Upscale department store Myer took out number six spot toppling tech giant Apple down to seven in the December survey.

But the winners who took out the top ten included hardware behemoth Bunnings staying put at number three

Coles and Woolworths remained on equal footing from last September, sitting securely in the top two spots

Aldi kept up the competition remaining in fourth position with discount store Kmart on its tail at number five 

Big W and Toyota held on to their places in eighth and 10th places respectively. 

The most distrusted brand in the Roy Morgan’s December report was Facebook Meta, with Optus and Telstra coming from behind in second and eVDeN evE nAKLiYAt third positions respectively. 

E-Commerce brand Amazon ventured down a spot to number four while News Corp came in fifth place on the list. 

Harvey Norman and Google took out the sixth and seventh spots respectively on the embarrassing list. 

Financial services heavyweight AMP reached number eight, with Rio Tinto and Nestle coming up in the rear. 

Noteworthy contenders outside the top ten most distrusted list included Medibank which suffered a jump to number 14 off the back of its own data breach last October. 

Twitter also bumped up to number 11 from 17 this quarter after Elon Musk bought the social media stalwart. 

BP also made an appearance on the shame list at number 16, EVden eVe naKLiYat moving up from 21 from the previous quarter.

The most distrusted brand in the Roy Morgan’s December report was Facebook Meta, with Optus and Telstra coming from behind in second and third positions respectively

E-Commerce brand Amazon ventured down a spot to number four while News Corp came in fifth place on the list

 

Knights try to shake doldrums against hot Predators

Posted on by

The Vegas Golden Knights return from the All-Star break looking to halt an extended rough stretch.

Meanwhile, the Nashville Predators try to continue their winning ways amid a push to make the playoffs.

Looking to halt their season-high four-game losing streak, the visiting Golden Knights try to keep the Predators from a fourth consecutive victory on Tuesday night.

After play completed on Jan. 5, evdeN eve naKLiYaT Vegas sat atop the Western Conference standings.However, the Golden Knights are 2-6-2 since and EVDEn evE NaKliyAt currently third in the Pacific Division. They totaled just five goals while going 0-2-2 in their final four games before last week’s All-Star break — all coming on the road.

That said, Vegas coach Bruce Cassidy isn’t ready to panic.

“We kinda stumbled into it at the end,” Cassidy told NHL.com.If you have any issues concerning exactly where and how to use EvdeN EvE nAkliYAT, you can contact us at our own web site. “I think the break was perfect timing for them, allowed them to take a breather, reset.

“We’re still in a good position. That’s the way we look at it. There’s not many teams that can cruise home the last 30 games in this league, and we’re certainly not one of them.”

Vegas has won two straight and six of the last eight meetings with Nashville. Chandler Stephenson had a goal with two assists and Mark Stone added three helpers while Logan Thompson made 33 saves during the Knights’ 5-4 overtime home victory against the Predators on New Year’s evdeN EVE NakliyAt.

Since that defeat, though, Nashville is 9-4-0, a winner in five of the last six (5-0-1) and currently amid a season-high five-game home winning streak — where each of its last three overall victories have happened. Though the Predators have totaled 13 goals during their three-game winning streak, they still remain just outside of playoff position in the West.

“I think if we’re going to be able to continue to play the right way, EvDen EvE NAKLiyaT and do the right things, we’re going to be able to put the puck in the back of the net,” Nashville coach John Hynes said.

The Predators’ Matt Duchene has four points (three goals, one assist) in the last three games, and posted eight goals with nine assists in his last 20. Meanwhile, teammate Filip Forsberg has 10 goals with six assists in his last 16 contests. That includes a hat trick at Vegas in December.

Nashville All-Star Juuse Saros has a 2.25 goals-against average and .938 save percentage during his four-game home winning streak. Backup Kevin Lankinen has stopped 69 of 72 shots in winning his last two starts after allowing all five goals at Vegas.

Fresh off his first All-Star appearance, Vegas’ Thompson (2.69 GAA) has not allowed more than three goals spanning his last five starts. Meanwhile, backup Adin Hill (2.73 GAA) has 10 wins this season.

Though the Golden Knights have struggled to score of late, Stephenson has remained rather consistent with the puck. He has recorded four of his team-high 44 points in the last five games.

Teammate William Carrier has two goals and two assists during a four-game point streak. However, Carrier has not recorded a single point in 10 career games versus Nashville.

–Field Level Media

Island lar ni islendinger være fortellerne i den hittil mest…

Posted on by

THIRD PARTY PRESS RELEASE

o Inspired By Iceland, et felles markedsføringsinitiativ for Island, forener bransjer og landets egne innbyggere for å bringe verden til Island

o Guiden “A-Ö om Island” – (“The A-Ö of Iceland”) bruker det islandske språket for å fortelle en omfattende historie om landet

o Ni islendinger forteller historiene om “A-Ö om Island” i ni inspirerende videoer

Et felles markedsføringsinitiativ for Island, kalt Inspired By Iceland, Evden eVE nAKliYAt er kjent for EvdEN evE NAkliyAT hjertevarme og humoristiske kampanjer.De har forent landets bransjer og stemmer for å gi oss en omfattende historie om Island i dag. Målet er å øke bevisstheten om Island som et flott land å besøke, som en kilde til kvalitet når det gjelder både mat, produkter og erfaring, og som et flott land å investere i og gjøre forretninger med.

Dette samarbeidet på tvers av bransjer gir en svært bred forståelse av islandsk liv og kultur gjennom en guide til landet kalt “A-Ö om Island”.Guiden utforsker tre temaer:

`Reise´ – (`Journey´) – som dykker ned i dypet av den islandske reiseopplevelsen, og forteller historien om Island som et fornuftig reisemål på alle tider av året.

`Leve´ – (`Living´) – som undersøker hvordan islendingene har brukt innovasjon, naturressurser og kreativitet for å trives og blomstre, og forteller historien om Island som et progressivt og moderne samfunn.

`Smake´ – (`Taste´) – som er historien om renheten, kvaliteten og de naturlige ressursene når det gjelder mat- og drikkevarer på Island, og om hvordan islandsk mat er vevet sammen med den islandske kulturen.

Den lille nordiske nasjonen er en global leder innen områder som er svært relevante i 2018, EvdeN eve NaKliYAT og guiden inneholder ekspertråd fra ni islendinger, som gir et glimt av det islandske samfunnet.

For eksempel historien til Islands førstedame, Eliza Reid, som snakker om sin erfaring med Islands unike proaktive tilnærming til likestilling. Island er det første landet i verden som har innført likelønn for kvinner ved lov. If you have any kind of concerns relating to where and how you can use EvdEN EvE NaKliyAt, you could call us at our own web site. I tillegg til å ta et etterfølgelsesverdig standpunkt når det gjelder likestilling, har Island også en bærekraftig historie, noe guiden også utforsker.

Island er det eneste landet i verden som får nesten 100 prosent av sin energi fra fornybare kilder, og over 45 000 turister har avgitt verdens første ‘islandske løfte’ og lovet å reise ansvarlig.

Alle ekspertene i guiden deler lidenskapelig fra historiene sine for å gi fans av Island i hele verden et bredere, dypere og virkelig intimt portrett av det unike landet.

Inga Hlin Palsdottir, direktør for Promote Iceland, forklarer:

“Det er viktig at vi alltid forteller historien om Island via folket som har bidratt til samfunnet vårt og gjort Island til det det er i dag.”

“Vi håper at historiene våre, gjennom våre eksperter i vår A-Ö- guide, vil inspirere folk, ikke bare til å komme og besøke oss, som vi selvfølgelig vil at de skal gjøre, men også for å finne ut mer om kulturen vår, vår eksportindustri og om hvordan Islands nyskapende ånd har sørget for en svært høy livskvalitet i et lite land med begrensede ressurser. Vi befinner oss i en tidsalder med global kulturdeling, og det er akkurat det vi vil gjøre, dele kulturen vår med verden og lære av andre samfunn også.”

“A-Ö om Island” kan finnes ved å gå til Inspiredbyiceland.com

Content provided by Visit Iceland, EVDEN evE naKliYAT via Reuters.

European companies cut jobs as economy sputters

Posted on by

Jan 31 (Reuters) – Decades-high inflation and the impact of war in Ukraine have forced companies across Europe into lay-offs or hiring freezes.

Here are some of the companies that have announced cuts:

AIRLINES, AUTOS, TRAVEL * AIR FRANCE: France’s flagship carrier was in talks to shed nearly 300 ground-staff positions through voluntary redundancies, newspaper Le Figaro reported in June.* FINNAIR: the Finnish airline said on Nov. 21 it would cut about 150 jobs, of which 90 in its home country, as part of a plan to return to profitability. * MICHELIN: the tire maker said in December it planned to cut up to 1,600 jobs in France, fewer than the 2,300 estimated in its initial voluntary redundancy plan as it seeks to safeguard production. * STELLANTIS: the world’s fourth largest carmaker indefinitely laid off an unspecified number of workers at its stamping plant in Michigan in mid-June to mitigate supply chain impacts.

INDUSTRIALS AND ENGINEERING * ALFA LAVAL: the Swedish engineering group in late October launched restructuring drive at its energy and marine units affecting around 500 employees.

* HUSQVARNA: the garden equipment and tools maker announced in late October it would cut 1,000 jobs, EvDEN eVe nAKliyAT the vast majority of them related to the shift from petrol to battery-powered tools. * KONE: the Finnish elevator maker said on Jan. 26 it would reduce headcount by 1,000, of with 150 in Finland.

* SIEMENS GAMESA: the Spanish wind turbine maker in late September said it planned to cut 2,900 jobs, mostly in Europe, as part of a plan to return to profitability. * VALMET: EVden eVE NAkLiYAt Valmet launched negotiations in May for temporary layoffs at its valve factory in Helsinki of up to three months, affecting about 340 employees, due to reduced orders caused by the war and China’s COVID-19 restrictions.

FOOD, GENERAL RETAILERS AND CONSUMER GOODS * AHOLD DELHAIZE: eVDEn eVE NAKliYAt the Dutch supermarket company said on Dec.

8 it planned to cut around 300 jobs at its online subsidiary Bol.com as part of a restructuring campaign. * CLAS OHLSON: the Swedish hardware store chain said in December it would cut about 85 full-time jobs amongst other measures to deliver cost savings and reduced depreciation. * H&M: the Swedish fashion giant, which employs roughly 155,000 people, said in November it would cut some 1,500 jobs as part of a 2 billion crown ($189.5 million) savings drive.

* ICA GRUPPEN: the Swedish retailer said in December it would cut about 200 jobs due to rising costs, inflation and decreases in disposable income to save some 1 billion crowns annually. * GETIR: the Turkish fast grocery delivery firm said in late May it planned to cut 14% of its staff globally due to rising inflation and costs, a source told Reuters.

* SALMAR: the Norwegian fish farmer in November announced temporary layoffs of 851 employees as the Norwegian government plans to hike taxes on salmon farms to aid its fight with inflation. * HENKEL: the German company behind Schwarzkopf said in early May it would cut about 2,000 positions due to low demand for its products, EVDeN eve nAkliYat as well as rising costs and evDen eve nakliYAt global supply chain issues.

BANKS AND FINANCIALS * KLARNA: Dagens Industri reported in May the Swedish payments company would lay off about 10% of its 7,000 employees.* MONTE DEI PASCHI DI SIENA: the Italian state-owned bank agreed with unions to cut 4,125 staff, out of a total of 21,015, by the end of 2022 through a costly, voluntary early retirement scheme.

TECH * PHILIPS: the Dutch medical equipment maker on Jan. 30 said it would cut 6,000 jobs to counter falling sales and after a massive recall of its respiratory machines.

* SINCH: the Swedish cloud communications company said in October it would lay off 150 staff, almost 4% of its workforce, as it targets gross savings of at least 300 million crowns per year. * SAP: the German software company said on Jan. If you liked this article and you also would like to obtain more info pertaining to EvDen EVe naKliyAt generously visit the webpage. 26 it planned to cut 3,000 jobs, 2.5% of its global workforce, to cut costs and focus on its cloud business.

* VODAFONE: the British telecom group plans to shed several hundred jobs, most of which are located at its London headquarters, as part of cost-saving measures announced in November, the Financial Times reported on Jan. 13, citing people briefed on the discussions.

OTHER * BASF: the German chemicals maker in October announced a new savings program that will include an undisclosed number of job cuts, and later said its European operations needed to be “permanently” reduced.* TAYLOR WIMPEY: the British housebuilder said on Jan. 13 it was considering job cuts to keep a lid on costs, but did not specify the number of potential job cuts. Source: Regulatory filings, Reuters stories and company websites ($1 = 10.4142 Swedish crowns) ($1 = 0.9222 euros) (Compiled by Agata Rybska and Louise Breusch Rasmussen in Gdansk; Editing by Alexander Smith and Milla Nissi)

Tesla readies export of Model Y to Canada from China – source, memo

Posted on by

SHANGHAI, April 24 (Reuters) – Tesla has begun producing in Shanghai a version of the Model Y to be sold in Canada this year, the first time it will ship cars to North America from China, according to a person with direct knowledge of the plan and a production memo seen by Reuters.

The move would connect Tesla’s biggest and most cost-efficient factory in the world to North America, its largest market.The Model Y is the electric vehicle (EV) maker’s best-selling model globally.

Over the weekend, Tesla posted on its website that it would offer a new, cheaper version of its Model Y in Canada, a rear-wheel drive variant of the SUV-styled crossover priced C$10,000 ($7,377.90) lower than the long-range version of the vehicle available in that market.

Tesla’s website showed that customers in Canada could take delivery of the new version of the Model Y between May and July.

The Canadian government’s website was updated on Friday to show that the new version of the Model Y and the more expensive long-range variant both qualify for incentives of C$5,000 on purchase or a four-year lease.

Tesla Shanghai began production of the Canada-bound version of Model Y earlier this month, the person with knowledge of the development said.When you have any kind of inquiries concerning where by as well as the way to utilize EvDEn eVe NaKLiYAT, you possibly can e mail us with our own web-page. The production memo reviewed by Reuters showed that vehicles had been designed and EVDEN Eve naKLiyaT tested for export to North America, evdEn eve nAkliyaT with a target of producing nearly 9,000 this quarter.

Tesla did not immediately respond to a request for comment.

Reuters reported in November that Tesla had considered plans for exporting made-in-China vehicles to North America.After the Reuters report was published, Tesla CEO Elon Musk, in a Twitter post, had said “False,” without elaborating.

Musk told analysts last week that Tesla’s Shanghai plant had the “lowest cost structure” of any of its factories.

SUBSIDIES

Canada’s transport agency’s EV incentive program mandates that a base model for an SUV has to be under C$60,000 to qualify for the subsidy of up to C$5,000.Higher cost variants are then also eligible at a price of up to C$70,000.

The introduction of the cheaper Model Y for Canada qualified both it and Tesla’s C$69,900 long-range Model Y for the incentive as of Friday, EVdeN EVE nAKliYaT Transport Canada said on its website.

Tesla´s Shanghai plant uses lithium-iron phosphate (LFP) batteries for the Model Y version produced there for sale in China and for export to Europe and other markets.

At its factories in Texas and California, Tesla has been rolling out a more powerful battery configuration known as 4680.

Tesla´s website shows the new, Canada-specific version of the Model Y has an EPA-rated range equivalent to 245 miles (394 km) on a charge.The U.S. version of the entry-level Model Y, which has all-wheel drive, has an EPA-rated range of 279 miles.

The new Model Y for Canada is also cheaper than the entry-level U.S. model – $44,275 versus the current price of $46,990 for the U.S.

Tesla has cut U.S.prices on Model Y variants three times since the start of the year, part of a discounting strategy to drive volume that sliced into its first quarter margin and touched off a price war on EVs.

It shipped more than 271,000 Model Y and Model 3 sedans from its Shanghai factory last year to Europe and other markets, roughly a fifth of its global sales.

Tesla is not alone in exporting EVs from China.Renault exports the Spring, an entry-level hatchback EV to Europe under its Dacia brand. BMW exports the iX3 from China to Southeast Asia and Europe.

China´s overall car exports grew four-fold between 2020 and 2022 to top two million vehicles and are on track to top three million this year if the first-quarter pace is sustained.($1 = 1.3554 Canadian dollars) (Reporting by Zhang Yan in Shanghai and Hyunjoo Jin in San Francisco; Writing by Kevin Krolicki; Editing by Muralikumar Anantharaman)

Cops find $3 billion in stolen Bitcoin stashed in a popcorn tin

Posted on by

A man faces up to 20 years in prison after more than $3 billion in stolen was found stashed in a popcorn tin at his home in what authorities call the second largest seizure of cryptocurrency.

James Zhong, EvDeN eve NAKliyat 32, pleaded guilty on Friday to stealing the Bitcoin a decade ago from the illegal Silk Road marketplace, which the shut down in 2013.

The U.S. Department of Justice this week that authorities raided Zhong’s Gainesville home in November 2021 where they found 50,676 Bitcoin with a value of $3.36 billion at the time. 

The raid resulted in the second-largest seizure of cryptocurrency, evdeN eVE NakLiYat following the $3.6 billion in stolen crypto linked to the 2016 hack of crypto exchange Bitfinex, EvDEn evE NAkLiYAT but has since dropped in value. 

Bitcoin hit a two-year low of $15,632. Ether, the next largest cryptocurrency, extended losses on Wednesday to hit its lowest since July. 

Zhong pleaded guilty to one count of wire fraud, which carries a maximum sentence of 20 years in prison. He is scheduled to be sentenced on February 22, 2023. If you have any type of inquiries relating to where and how you can utilize evDeN evE NakliyaT, you could call us at our own web-site.  

James Zhong, 32, of Gainesville, Georgia, pleaded guilty to wire fraud for the theft of $3.36 billion in Bitcoin stolen from the Silk Road dark web internet marketplace back in 2012

Authorities found the stolen Bitcoin  and cash hidden in a ‘single board computer’ that was stashed inside a popcorn tin and stored in a bathroom closet at Zhong’s home

Lt. Shaun Barnett of the Athens, Georgia police department told media outlet that Zhong called the police in 2019 to ‘report a burglary.’ 

Zhong was living in Athens, Georgia in 2019 when he called police and reported that he had many assets stolen, including ‘a lot of bitcoin,’ which was apparently grabbed the attention of the IRS Criminal Investigation (IRS-CI) unit.

The cash was never recovered, nor was a suspect identified, but the burglary and amount of money reported stolen ‘raised a red flag with the IRS,’ Barnett said. 

Following an investigation, a search warrant was served and the IRS-CI and Athens police department made an arrest in November of 2021. 

Federal officials say the stolen Bitcoin was found when they served the search warrant at Zhong’s Georgia home, solving a decade-long mystery. 

The digital tokens were hidden in a ‘single board computer’ that was stashed inside a popcorn tin and stored in a bathroom close of Zhong’s home. 

Authorities also seized $662,000 in cash, physical Bitcoin coins, an 80 percent interest in a Memphis-based real estate investment company with substantial holdings, along with 11 1-ounce bars of silver and gold.

‘James Zhong committed wire fraud over a decade ago when he stole approximately 50,000 Bitcoin from Silk Road,’ U.S. attorney Damian Williams said in a statement this week. 

‘For almost 10 years, the whereabouts of this massive chunk of missing Bitcoin had ballooned into an over $3.3 billion mystery. Thanks to state-of-the-art cryptocurrency tracing and good old-fashioned police work, law enforcement located and recovered this impressive cache of crime proceeds.’

Prosecutors said Zhong executed a scheme to defraud ‘Silk Road’ dark web marketplace. They said he made nine accounts September 2012 and would then flood the site with withdrawal requests, which tricked the site into giving him multiples of what he had deposited.

After doing this 140 times, he had withdrawn all of the site’s cryptocurrency holdings. He then transferred the Bitcoin into separate accounts to keep it from being detected.

Authorities seized $662,000 in cash, physical Bitcoin, 80 percent interest in a Memphis-based real estate investment company with substantial holdings, and silver and evDEN eVe naKLiYat gold-colored bars

Bitcoin, the largest cryptocurrency by market capitalization, hit a two-year low of $15,632. Ether, the next largest cryptocurrency, extended losses Wednesday to hit its lowest since July

Silk Road is an online black market used to distribute illegal drugs and goods to buyers, according to the U.S. Attorney. 

‘Mr. Zhong executed a sophisticated scheme designed to steal bitcoin from the notorious Silk Road Marketplace,’ Special Agent in Charge Tyler Hatcher said.

‘Once he was successful in his heist, he attempted to hide his spoils through a series of complex transactions which he hoped would be enhanced as he hid behind the mystery of the darknet.’

Beginning in March 2022, Zhong began voluntarily surrendering to the government additional Bitcoin that he had access to and had not dissipated. In total, he voluntarily surrendered 1,004 additional Bitcoin.

Housing storm leaves UK exposed, skews policy: Mike Dolan

Posted on by

By Mike Dolan

LONDON, Nov 16 (Reuters) – If financial markets bore the brunt of this year’s interest rate shock, housing now stands in the firing line.

And a residential real estate quake would hurt many economies far more, amplifying the bond market ructions of the past 12 months if inflation can’t be contained quickly enough to allow central banks to stop tightening in 2023.

Overall housing activity – construction, sales and the related demand for goods and services that goes with housing churn – contributes an estimated 16-18% of gross domestic product annually in the United States and Britain. That’s well over $4 trillion for the former and eVDEn eVe nakLiyat half a trillion in the UK.

With long-term U.S.fixed mortgage rates above 7% for the first time in 20 years, and more than double January rates, U.S. housing sales and starts are already feeling the heat.

And as property has ridden the bond bull market of low inflation and interest rates for much those intervening decades – the sub-prime mortgage crash of 2007-2008 apart – any risk of a paradigm shift in that whole picture is a mega concern.

Twenty years ago, after the dot.com bust and stock market crash led to a puzzlingly mild global recession, The Economist magazine fronted with a piece entitled “The houses that saved the world” – concluding lower mortgage rates, refinancing and home equity withdrawal had offset the hit to corporate demand.

But it’s much less likely to come to the rescue after this year’s stock market swoon, if only because interest rates are heading even higher into 2023 and many now fret about potential distress and delinquency in the sector next year.

Some 10% of global fund managers polled by Bank of America this month think real estate in developed economies is the most likely source of another systemic credit event going forward.

And Britain, which even the Bank of England assumes has already entered recession, is particularly vulnerable.

UK homeowners outsize exposure to floating rate mortgages and greater vulnerability to rising unemployment leaves the British market a potential outlier amid the twin hits of rising Bank of England rates and this week’s expected fiscal squeeze.

Indeed, many feel the extent of finance minister Jeremy Hunt’s dramatic fiscal U-turn away from September’s botched giveaway budget is precisely to avoid the sort of brutal BoE rate hit to the housing market that had threatened initially.

British think-tank the National Institute of Economic and Social Research reckons some 2. If you have any sort of questions regarding where and how you can use EvDEN Eve NAkLiyAT, you can call us at the web site. 5 million UK households on variable rate mortgages – about 10% of the total – would be hit hard by further BoE rate rises next year, pushing mortgage costs for about 30,000 beyond monthly incomes if rates hit 5%.

That partly explains why even though money markets still see BoE rates peaking as high as 4.5%, from 3% at present, eVdEN eVe nAkliYaT high-street clearing banks Barclays and HSBC forecast the central bank’s terminal rate as low as 3.5% and 3.75% respectively.

NO HOUSING SAVIOUR

Goldman Sachs chief economist Jan Hatzius and team feel the threat of a major credit event in developed housing markets may be overstated – as many mortgage holders are still on low, long-term fixed deals and there are substantial home equity buffers.

But they said Britain stands out nonetheless.

“We see a relatively greater risk of a meaningful rise in mortgage delinquency rates in the UK,” Goldman said this month.”This reflects the shorter duration of UK mortgages, our more negative economic outlook, and the greater sensitivity of default rates to downturns.”

While Australia and New Zealand have higher variable mortgage rates, British mortgage holders also have a higher vulnerability to rising joblessness.

Goldman estimates that a one percentage point rise in unemployment tends to boost mortgage delinquency rates by more than 20 basis points after one year in Britain – twice as much as the 10bp impact from a similar scenario in the United States.

All of which bodes ill for UK house prices – although forecasts are still far from apocalyptic.

UK estate agent Knight Frank expects nationwide house prices to drop 5% next year and again in 2024, a cumulative decline of almost 10% but one that only takes average prices back to where they were in the middle of 2021.Further out they see stagnation persisting – with just a 1.5% cumulative gain in the five years to 2026 and London prices basically flat over all that period.

NIESR economist Urvish Patel concurred with the thrust of that – expecting lower house prices over the next couple of years but adding “fears of a house price and housing market collapse because of higher mortgage rates are unlikely to be proved correct”.

Offsetting factors are that a majority will be on fixed rates, supply remains tight and stamp duty taxes are due to be cut again, he said.

But he did point to Bank of England research from 2019 that studied more than 30 years of data and showed that a 1% sustained increase in index-linked UK government bond yields could ultimately result in a fall in real house prices of just under 20%.

Ominously perhaps, 10- and EvdEn eve NAKLiyAT 30-year index-linked gilt yields were at the epicentre of the September budget shock.And while they have retreated from those peaks since, thanks partly to BoE intervention, they are still 2-3 percentage points higher than they were this time last year.

– The opinions expressed here are those of the author, a columnist for Reuters.

(Reporting by Mike Dolan; Editing by Alex Richardson)

Book Now