‘Outright negative’ on stocks: JPMorgan’s Marko Kolanovic braces for correction, hard landing

JPMorgan’s Marko Kolanovic is abstaining from the early 2023 rally. As a substitute, the Institutional Investor hall-of-famer is bracing for a ten% or extra correction within the first half of this yr, telling buyers he is “outright unfavorable” available on the market. “Fundamentals are deteriorating. And, the market has been transferring up. So, that has … Read more

Government braces for exam disruption as talks with unions lead to ‘no tangible progress’

The Government is bracing for potential exam disruption during upcoming teacher strikes as talks with education unions yesterday failed to reach a compromise in an ongoing pay dispute. Ofqual, the exams regulator, updated its exam contingency plan for England, Wales and Northern Ireland yesterday to include guidance on keeping schools open during industrial action. It … Read more

Sarajevo’s agony echoes as Ukraine braces for a dark winter

SARAJEVO, Bosnia-Herzegovina (AP) — Vildana Mutevelić huddled in her apartment with her two young children and elderly cousins. They had no heat, electricity or running water as artillery shells tore the roof off their building and almost took their lives. To survive, she improvised. Mutevelić made a lamp out of used engine oil, water and … Read more

Ukraine braces for cold winter as Russian strikes cripple power capacity – National

President Volodymyr Zelenskyy appealed to Ukrainians to conserve energy amid relentless Russian strikes that have already halved the country’s power capacity, as the United Nations’ health body warned of a humanitarian disaster in Ukraine this winter. Authorities said millions of Ukrainians, including in the capital Kyiv, could face power cuts at least until the end … Read more

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