Georgieva repeated her call for urgent action by the G20 countries to accelerate vaccinations to high-risk populations, warning of a “worsening two-track recovery” that is leaving a large number of countries behind while the United States, China, the euro area and a few others are recovering quickly.

Higher U.S.
interest rates, in turn, could lead to a sharp tightening of global financial conditions and significant capital outflows from emerging and developing economies, IMF Managing Director Kristalina Georgieva said in a blog published Wednesday with the IMF’s surveillance note for G20 countries.

Branson is Astronaut 001 and will travel with Chief Astronaut Beth Moses (Astronaut 002), Lead Operations Engineer Colin Bennett (Astronaut 003) and VP of Government Affairs Sirisha Bandla (Astronaut 004) in the cabin. 

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12:36

Arsenal to keep England Under-18 wonderkid

Arsenal are set to agree a deal to tie down winger and wonderkid Kid Taylor-Hart, who was wanted by several clubs in the Premier League and across Europe.

Branson denied that he and Bezos were in a ‘battle of the billionaire space founders’ to see who would go up first, despite changing from the second to the first VSS Unity test flight in order to go up before Bezos.

The British billionaire will launch on the first of the three test flights carrying a full complement of ‘astronauts’ in the cabin, before they begin flying the first of 600 ‘future astronaut’ ticket holders in 2022.

Sir Richard Branson will fly to the edge of space on a spaceplane built by his own company on Sunday, declaring it is ‘time to turn my dream into reality,’ as he takes to the stars nine days before rival Jeff Bezos.

14:25

Casilla ‘heading back to Spain’?

Leeds goalkeeper Kiko Casilla is leaving the club for Spanish side Elche as he is not happy with his back-up role at the club, according to reports.

Virgin Galactic founder, Sir Richard Branson, moved his trip to space to an earlier test flight after Jeff Bezos announced he was going up, but claims no rivalry, saying ‘we both wished each other well’

Cities need insurance to protect against claims in the event of accidents on municipal properties or roads, and to deal with risks including cyber attacks and natural disasters – so forgoing coverage is not an option.

12:23

Dortmund ‘baulk at Malen fee’

Holland star Donyell Malen was another player who caught the eye at Euro 2020 and has been strongly linked with a £26m move to Borussia Dortmund.

Liverpool ‘leading the chase for Atletico star Saul’ in £35m move

The Madrid-based side had their coffers boosted by winning LaLiga in dramatic fashion, though have been badly hit by the coronavirus pandemic and need to claw back funds as a result.

Mail Online

Celtic rejoin race for Liverpool outcast Ben Davies

EXCLUSIVE: The Parkhead club were close to securing a £2million deal with the former Preston North End star in January before being gazumped by a shock late move by Jurgen Klopp.

Mail Online

Market expectations suggested commodity prices would remain contained over the next few years, but inflation developments varied within advanced economies and were picking up more rapidly in Britain, the United States and the euro area, while remaining subdued in others, like Japan.

The IMF said the global economic outlook remained uncertain given questions about the evolution of the pandemic and progress on vaccinations, as well as the possibility that the pickup in inflation would prove “more persistent” than expected.

“The municipality can still go after the other defendant if they pay more than their proportionate share.” ($1 = 1.2468 Canadian dollars) (Reporting by Nichola Saminather in Toronto Editing by Denny Thomas and Matthew Lewis)

“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.

The province needs certainty that a change would mean a decline in insurance rates, and there is not enough data “to confidently draw a causal connection,” a spokesperson for the Ontario Ministry of the Attorney General said.