British billionaire Richard Branson completed his latest, and arguably greatest, adventure Sunday with a brief flight to the edge of space aboard his Virgin Galactic space plane. The flight marks not only Branson’s first trip to space, but the first time Virgin has flown a fully crewed cabin.
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IN CASE YOU MISSED: Wolves confirm signing of Rayan Ait-Nouri
Some transfer business that was confirmed last night as Wolves confirmed the signing of Rayan Ait-Nouri from Angers in a £9.5m deal.
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While cities elsewhere, including in the United States, have also faced higher costs, there has been an outsized impact on Canadian municipalities due to a small pool of insurers, smaller populations and the legal requirement for municipalities to have joint and several liability (J&S) coverage, according to DBRS Morningstar.
Although J&S is not unique to municipal policies, the perception of governments as deep-pocketed has driven outsized payouts, said Pete Karageorgos, consumer and industry relations director at the Insurance Bureau of Canada.
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Jordi Cruyff ‘rejects idea manager Ronald Koeman could be replaced’
One thing that could impact Barcelona’s business this summer is the future of Ronald Koeman and according to the club’s sporting advisor Jordi Cryuff, the Dutch manager has nothing to worry about.
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TORONTO, July 13 (Reuters) – Canadian municipalities reeling from a pandemic-driven hit to revenues are facing an added blow from surging liability insurance costs, forcing them to raise property taxes or even cut services for residents.
Arsenal announce £7m deal for Nuno Tavares from Benfica
The deal, which will see the Gunners pay an additional £1.5million in add-ons, is Mikel Arteta’s first signing of the summer as Arsenal face a first season without European football in 25 years.
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There is talk of a sensational swap deal involving Barcelona and Atletico Madrid, Tottenham are looking to strengthen their midfield and there is an update on Emile Smith Rowe’s future amid interest from Aston Villa.
Hakimi’s agent insists he would like Real Madrid return in the future
The Morocco international made just 17 appearances in three years for Real Madrid’s first team across all competitions prior to his permanent move to Inter Milan last summer.
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Larger cities facing steep declines in transit fees had the biggest hit to revenues, but many smaller municipalities have faced big cost challenges, as many families, taking advantage of what appears to be a permanent shift to working from home, at least part-time, have fled large cities for smaller towns in search of more space and affordable housing.
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“Any unanticipated increase in costs can come as a surprise,” although municipalities do have some funds for contingencies, said Travis Shaw, senior vice-president for public finance at DBRS Morningstar.
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Unity made it to an estimated altitude of about 53 miles (86 kilometers) above the surface of the Earth. Some will quibble that this is lower than the commonly accepted definition of space, which begins at a nice, even 100 kilometers (62 miles). However, the US military and NASA set the dividing line at 50 miles up (80 kilometers), so it’s all clearly a little subjective. And for the purposes of space tourism, you get to experience weightlessness and look down on our home planet set against the black void of space from either altitude.
