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Money Apr 05, 2026

How to Spot Fake Antiques Online and Safeguard Your Purchase – Expert Advice from a UK Valuer

A UK antiques specialist explains how counterfeit items—like a falsified Lalique vase—are prolifera…
When Kayleigh Davies, a seasoned valuer at the auction platform Auctionet, examined the base of a vase marketed as a genuine Lalique piece, she immediately recognised the deception. The word “Lalique” had been crudely engraved onto the bottom, a trick the seller hoped would inflate the price.Davies rejected the item, noting that without the fraudulent engraving it would have been a saleable piece. Her experience underscores a growing problem: traditional antique scams are being amplified by the reach of internet marketplaces.Typical red flagsFraudsters often disguise flaws—such as restored cracks or repainted toy cars—while claiming pristine condition. Even high‑value items like original‑packaged Star Wars figures can be misrepresented by placing cheap replicas in authentic‑looking boxes.Other warning signs include unexplained scuffs on glassware, suspiciously perfect finishes on aged objects, and a lack of clear provenance for autographs. Davies advises buyers to ask probing questions; a dishonest seller is likely to become evasive or refuse further details.Electrical collectibles, such as vintage lamps, pose additional hazards, as faulty wiring can lead to fire risks.Consumer safeguardsPlatforms like eBay enforce strict policies against counterfeit goods and offer a “money‑back guarantee” that protects purchasers when items do not match their listings.In the UK, Citizens Advice confirms that buyers have a legal right to a refund for fake products. If a seller refuses, shoppers can:Initiate a chargeback through their bank if they paid by debit card or used a credit card for purchases under £100.File a Section 75 claim for credit‑card purchases over £100, shifting liability to the card issuer.Suspected fraud can also be reported to the national Report Fraud centre, and to local Trading Standards via Citizens Advice.By staying vigilant, demanding documentation, and leveraging consumer‑rights mechanisms, buyers can reduce the risk of falling victim to counterfeit antiques and collectibles.
#you #can #but
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World Economy Apr 04, 2026

US Judge Upholds Decision to Dismiss Subpoenas Against Federal Reserve Chair Jerome Powell

A US federal judge has reaffirmed his decision to reject subpoenas from the Trump administration se…
A United States federal judge has rejected a motion from the Department of Justice to reconsider his earlier ruling dismissing subpoenas against Jerome Powell, the chairman of the Federal Reserve.In a six-page opinion published on Friday, Judge James Boasberg reaffirmed his decision to nullify the subpoenas, stating that they were issued for an 'improper purpose': to pressure Powell into compliance with President Donald Trump's demands.The subpoenas were part of an investigation into Powell's handling of renovations to the Federal Reserve's historic buildings in Washington, DC, which have gone over budget. The Trump administration has accused Powell of 'malfeasance' and called for his premature resignation.Boasberg criticized the Trump administration's efforts, saying they presented 'no evidence whatsoever of fraud' and that the subpoenas were an attempt to undermine the Federal Reserve's independence.The ruling is likely to set the stage for the Trump administration to appeal, with US Attorney Jeanine Pirro previously denying any political motivation for the investigation.
#powell #federal #subpoenas
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World Economy Apr 04, 2026

Bank of America seals $72.5 million Epstein victim settlement as lawyers target up to 75 claimants

Bank of America has agreed to a $72.5 million settlement with alleged victims of Jeffrey Epstein. U…
Lawyers estimate that as many as 75 women could have a claim in the $72.5 million settlement reached with Bank of America over alleged involvement in Jeffrey Epstein’s sex‑trafficking network. U.S. District Judge Jed Rakoff has instructed counsel to assemble a broad list of publications by the upcoming Friday to ensure every potential victim receives notice, emphasizing that "nobody is left out." A final approval hearing is scheduled for August 27. The settlement was first disclosed in court filings on March 27 after a proposed class‑action lawsuit was permitted to move forward. In October, a plaintiff using the pseudonym Jane Doe filed the suit on behalf of herself and other alleged victims, accusing the bank of overlooking suspicious transactions tied to Epstein’s operations. According to the complaint, Bank of America allegedly benefited knowingly from its relationship with Epstein and impeded enforcement of the Trafficking Victims Protection Act, a federal statute aimed at combating sex trafficking. Bank of America reiterated its stance that it did not facilitate Epstein’s crimes, stating that the resolution allows the institution to move past the matter and provides "further closure for the plaintiffs." Judge Rakoff gave preliminary approval, noting that while no monetary figure can fully compensate for the magnitude of Epstein’s offenses, victims are entitled to restitution from any party that "knowingly, recklessly or otherwise unlawfully facilitated" the trafficking. This agreement follows similar settlements in 2023: JPMorgan Chase paid $290 million and Deutsche Bank settled for $75 million with Epstein victims. Rakoff previously dismissed a suit against Bank of New York Mellon; the plaintiffs are now appealing that decision. He stressed that liability should be limited to entities that knowingly assisted or profited, not to every organization that merely intersected with Epstein’s network. Jeffrey Epstein, a wealthy financier who died by suicide in a New York City jail in 2019, was accused of preying on girls and young women for decades and maintained ties to high‑profile figures across politics, arts, and business. One of Doe’s attorneys, David Boies, believes that 60 to 75 women may qualify for the settlement, and cautions that additional claimants could emerge as the search continues.
#epstein #bank #america
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News Apr 04, 2026

Cambodia Cracks Down on Cybercrime with New Law Targeting Scam Centers

Cambodia's National Assembly has approved a new law aimed at combating cybercrime scam rings, which…
Cambodia has taken a significant step in its fight against cybercrime by approving a new law targeting scam centers accused of defrauding foreigners of billions of dollars. The law, which aims to enhance the country's 'cleaning operation' against these illicit operations, imposes punishments of two to five years in prison and fines of up to $125,000 for those convicted of online scams.The legislation, which will now go to Cambodia's king for a final signature, also outlines penalties for money laundering, gathering victims' data, or recruiting scammers. Ringleaders of scam centers that engage in human trafficking, detentions, and torture will face prison sentences of up to 20 years and fines of up to $500,000.The passage of the law comes amid widespread condemnation from rights groups and sanctions by governments around the world, with Cambodia accused of being a hotbed of cyberscams. The US Department of State has previously stated that 'official complicity, including at senior levels, inhibited effective law enforcement action against trafficking crimes' in Cambodia, which has denied these allegations.The new law is seen as a significant effort by Cambodia to combat the rise of online fraud, romance, and cryptocurrency scams. Several countries have enacted anti-cyberscam laws to address this issue, with con artists in Singapore facing 24 strokes of the cane in serious cases.Justice Minister Keut Rith emphasized that the law is 'strict like the fishing net' and aims to ensure that online scams do not return to Cambodia. The law is expected to send a strong message to cyberscammers that Cambodia is not a place to conduct scams, and it will serve the interests of the Cambodian nation and people.
#cambodia #law #online
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Politics Apr 04, 2026

Dozens of Democratic‑led States File Lawsuit to Block Trump's New Mail‑in Ballot Restrictions Ahead of Midterms

Around twenty‑four Democratic‑controlled states and the District of Columbia have sued the Trump ad…
Approximately two dozen Democratic‑led states and the District of Columbia have lodged a federal lawsuit against President Donald Trump to block a newly issued executive order that would sharply limit mail‑in and absentee voting. The filing, submitted on Friday, comes as voting‑rights groups warn the measure is designed to make voting harder ahead of the 2026 midterm elections, which will decide control of both chambers of Congress. New York Attorney General Letitia James, representing 23 states and D.C., said the order "exceeds the president’s constitutional authority" and undermines the principle that states set the times, places and manner of elections. "Free and fair elections are the cornerstone of our democracy, and no president has the power to rewrite the rules on his own," James stated. The contested order, signed on Tuesday, directs the Department of Homeland Security to compile a nationwide list of eligible voters and instructs the United States Postal Service to deliver ballots only to individuals on a "State‑specific Mail‑in and Absentee Participation List." Critics argue the list would be incomplete and would place an undue burden on the USPS. Voting‑rights advocates note that mail‑in voting surged after the COVID‑19 pandemic, with one‑third of all 2024 ballots cast by mail, a trend that cuts across both Republican and Democratic states. In their complaint, the states contend that only Congress, not the president, may impose new restrictions on election administration, and that implementing such changes so close to the November vote would generate significant logistical chaos. President Trump maintains the action is needed to combat "rampant voter fraud," a claim repeatedly debunked by independent monitors, including the Heritage Foundation, which reports fraud rates are exceedingly low. Beyond the lawsuit, the Justice Department has pursued separate legal actions to obtain voter data, and the FBI’s recent raid on a Georgia election office has heightened concerns about election integrity. Trump is also urging Congress to pass the "SAVE America Act", which would require proof of U.S. citizenship—such as a birth certificate or passport—and a photo ID for ballot casting. Rights groups warn the proposal could disenfranchise many voters, including women who have changed their surnames after marriage.
#Trump administration #executive order #mail-in ballots
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World Economy Apr 04, 2026

UK Food Halls Defy Hospitality Downturn with Robust Growth

Despite a challenging economic climate, UK food halls are thriving, offering a diverse range of cui…
In the face of a downbeat hospitality trend in the UK, food halls are emerging as a beacon of hope, offering a diverse culinary experience that is proving resilient to economic challenges. The Cambridge Street Collective in Sheffield, Europe's largest purpose-built food hall at 20,000 sq ft, exemplifies this trend. Opened in 2024, it features a variety of vendors offering everything from sushi tacos to Palestinian cuisine.The food hall sector is experiencing significant growth, with major UK cities averaging £5.6m in annual revenue and a year-on-year growth rate of 10.75%. This growth is attributed to the shared infrastructure and risk model, where vendors pay a cut of their sales each month, and the owner covers costs such as energy and staffing. This model allows for a lower-risk entry point for entrepreneurs and innovative food concepts.65 new food halls are currently in development across the UK, including a 60,000 sq ft venue in Newcastle and a growing scene in cities like Manchester, Liverpool, and London. These food halls are not just about food; they offer a community space where people can work, socialize, and enjoy a variety of cuisines.Matt Farrell, founder of Bold Street Coffee, notes that food halls have become incubators for new businesses, providing opportunities for operators who can't afford traditional sites. James Cowan of Blend Collective, the owner of Cambridge Street Collective, emphasizes the importance of hosting local businesses and keeping the offering fresh.Successful food hall vendors have gone on to open their own brick-and-mortar restaurants, such as Baity, a Palestinian chain with sites in multiple cities, and Bao, which started in London's Netil Market. These success stories highlight the potential for food halls to foster culinary innovation and entrepreneurship.While some may wonder if the UK has reached peak food hall, industry experts believe there is still room for growth, particularly in areas with high demand and limited offerings. As the economic climate continues to evolve, food halls are likely to remain a vibrant part of the UK's culinary landscape.
#food #which #hall
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Us News Apr 04, 2026

Trump’s Unchecked Self‑Branding Blitz: Battleships, Institutes and Currency Bearing His Name

In his second term, Donald Trump has accelerated an unprecedented campaign to attach his name and l…
The United States has long honored past presidents by naming airports, dams and monuments after them, but President Donald Trump is pushing the practice to an extreme, seeking to become the most commemorated leader in American history. Less than a year and a half into his second term, Trump’s brand has proliferated across government buildings, federal agencies and even consumer platforms. In February, the administration unveiled TrumpRx, a prescription‑drug website that listed only 43 medications—most of which are available as cheaper generics elsewhere—yet proudly displayed the former president’s signature and logo. Just weeks later, the White House and the U.S. Navy announced a new "Trump class" of battleships, billed as the "largest ever built." A Pentagon release noted that the Navy has not used battleships in combat for 35 years, suggesting the project is more a vanity exercise than a strategic necessity. Federal institutions have not been spared. In December 2025 the U.S. Institute of Peace was renamed the "Donald J. Trump United States Institute of Peace," a move the White House framed as a reminder of "strong leadership" for global stability—just weeks before the administration launched a military strike on Iran. Trump’s influence extended to the arts when, in February 2025, he appointed a new board to the John F. Kennedy Center for the Performing Arts and installed himself as chair. The board voted in December to rename the venue the "Donald J. Trump and John F. Kennedy Center," a change that immediately faced a legal challenge. Republican lawmakers have largely embraced the naming spree. One congressman introduced legislation to carve Trump’s likeness onto Mount Rushmore, while another proposed naming a major airport after him, underscoring the party’s willingness to reward the president’s personal brand. Political scientist Steven Levitsky of Harvard warned that Trump operates "unconstrained" by advisers or party elders, noting that today’s Republican ambition often hinges on pleasing the president, including attaching his name to public projects. Visual propaganda has also surged. Giant banners bearing Trump’s image now hang from the Department of Justice and the Department of Labor buildings, a rarity for a sitting president and a practice more typical of authoritarian regimes, according to Princeton sociologist Kim L. Scheppele. Beyond buildings, the administration has pursued numismatic honors. A 24‑karat gold coin featuring Trump standing over a desk was approved by a hand‑picked arts commission, and drafts of a new $1 coin displayed an air‑brushed profile of the former president. The Treasury Department announced that Trump’s signature will appear on U.S. paper currency later this year, a move Treasury Secretary Scott Bessent described as a "powerful way to recognize historic achievements" of the nation. Critics argue that the public does not share the president’s enthusiasm. The 2026 National Parks Pass, which traditionally showcases natural scenery, sparked outrage when a draft featured Trump’s stern face with a spectral George Washington behind him. A cottage industry of stickers emerged to cover the image, forcing the National Park Service to warn that such alterations could void the pass. White House spokesperson Davis Ingle defended the branding, claiming it reflects Trump’s “vast accomplishments,” including the largest tax cut in history and border security measures. Yet scholars and opponents contend that the relentless self‑promotion blurs the line between public service and personal aggrandizement. As the branding campaign continues, legal challenges, public pushback, and questions about fiscal priorities suggest that Trump’s quest to name everything after himself may soon encounter more than just decorative resistance.
#trump #his #washington
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Health Apr 04, 2026

UK regulator launches probe into peptide clinics for unlawful health claims

The Medicines and Healthcare products Regulatory Agency (MHRA) is investigating UK clinics that mar…
The UK medicines regulator has opened an inquiry into a growing number of clinics that sell injectable peptides while promoting them as cures for everything from ageing to injury recovery. The investigation, disclosed by the Guardian, focuses on whether these businesses are breaching the Human Medicines Regulations 2012 by making unauthorised medicinal claims. Interest in peptide‑based treatments has surged in recent years, driven by social‑media influencers, some healthcare professionals, and direct‑to‑consumer marketers. Yet the scientific foundation for most of these claims is weak, with the bulk of research confined to animal models or cell‑culture studies. According to an MHRA spokesperson, any clinic that advertises a peptide as having therapeutic benefits must treat the product as a medicine, which triggers a comprehensive regulatory framework. "If clinics offering peptide injections make medicinal claims for those treatments, the products will be considered medicines and subject to regulation," the agency warned, adding that it will act against any identified breaches. Guardian reporters identified several high‑ranking Google search results that list peptides such as Cortexin (promoted for neuroprotection), BPC‑157 (claimed to aid tissue repair), and Thymosin Alpha (advertised to boost immunity). After being contacted, one clinic removed the statements from its website. Another clinic, while acknowledging the limited human evidence, continued to market seven specific peptides, providing price lists (£350 per month for a single peptide, £450 for two) and offering delivery via vials, syringes, or pre‑filled pens for an additional fee. During a free consultation, a clinician highlighted the experimental nature of the products, noting the absence of large‑scale, randomised clinical trials and recommending a break of four to eight weeks between treatment cycles to mitigate unknown risks. The clinician suggested BPC‑157 for post‑exercise recovery, describing it as a facilitator of cellular repair and blood flow, but warned against its use in smokers or individuals with a family history of cancer due to potential angiogenic effects. The second peptide discussed was MOTS‑C, portrayed as a mitochondrial enhancer that could improve stress resilience, lower insulin resistance, and reduce visceral fat by boosting cellular energy production (ATP). The MHRA confirmed it is reviewing whether the clinician’s statements constitute medicinal claims. The clinic defended its approach, emphasizing that it clearly informs clients that the peptides are not licensed medicines and that the evidence base is largely pre‑clinical. In a broader statement, Lynda Scammell, head of borderline products at the MHRA, explained that peptide products may be marketed as cosmetics, supplements, or medicines, and each case is assessed on its intended use, pharmacological effect, and supporting evidence. She added, "We disregard claims that products are for ‘research purposes’ if it is clear that such claims are being used as an attempt to avoid medicines regulations." Peptides are short chains of amino acids, some of which occur naturally (e.g., insulin). While synthetic peptide analogues like semaglutide and tirzepatide have secured approval for weight‑loss treatments, many of the compounds promoted by these clinics remain experimental and lack the rigorous safety and efficacy testing required for medicinal products.
#MHRA #peptide injections #UK clinics
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World Economy Apr 04, 2026

UK Local Election Campaign Revives Trussonomics‑Era Tax and Spending Promises, Raising Multi‑Billion Fiscal Risks

Ahead of the 2026 UK local elections, parties from the Conservatives to the Greens are resurrecting…
As the 2026 local and regional elections draw nearer, the spectre of Trussonomics looms large over the British political landscape. From the Conservatives to the Greens, parties are unveiling extravagant fiscal promises that they claim can be funded by cuts elsewhere or additional borrowing, while insisting the broader economy will remain unharmed. Critics warn that any adverse effects will inevitably be shifted onto people and businesses outside the parties' core constituencies, effectively socialising the risk. Only Keir Starmer and his Labour cabinet appear to resist the pressure to re‑engineer the economy without acknowledging inevitable spill‑overs or extra costs. Former Prime Minister Liz Truss famously pledged £45 bn of tax cuts, financed through extra borrowing and so‑called welfare “efficiencies”. The plan was pitched as a catalyst for an entrepreneurial surge that would lift the UK out of a prolonged period of low productivity. Heading into May’s local polls, the Conservatives are touting a new “big‑spending” agenda after recent welfare cuts, highlighted by a headline pledge to shrink the welfare bill by £23 bn. Shadow Chancellor Mel Stride declared that the “culture of ‘something for nothing’ must end, now”. Green Party leader Zack Polanski has softened some of his party’s more radical proposals, yet the manifesto remains vague. Earlier drafts featured a litany of “free lunches”, signalling an ambition to raise taxes by **more than £170 bn a year** by the end of the next parliament. Key components of the Green plan include a £90 bn annual carbon tax and a matching increase in day‑to‑day public spending, alongside a proposed £90 bn boost to the capital‑spending budget (raising it from £160 bn to £250 bn per year). Reform UK has embraced Trussonomics with gusto, promising to raise the income‑tax threshold from £12,570 to £20,000 – a move that would cost the exchequer **over £40 bn each year**. Underlying many of these pledges is a belief that the UK can reverse a century of economic decline with a “magician’s wand”, ignoring potential repercussions for financial markets, trading partners, and a rapidly disintegrating global order. While the article briefly references the United States and France, the French electorate’s recent rejection of similarly flamboyant policies in local elections serves as a cautionary tale: voters in key cities like Paris and Marseille opted for centrist candidates over the radical platforms of Marine Le Pen’s National Rally and Jean‑Luc Mélenchon’s LFI. The broader context is a decade marked by two major wars, a quantum technological shift, and accelerating climate change – none of which offer quick‑fix solutions. Labour’s economic strategy, championed by Rachel Reeves, hinges on an early‑parliament spending surge intended to generate growth before the next general election. However, the damage inflicted by the previous government is still being reassessed, with the public‑finance gap now appearing larger than the £22 bn initially highlighted by Reeves. Labour still holds considerable funds earmarked for investment, but bureaucratic inertia in Whitehall hampers swift action, and Starmer bears responsibility for this paralysis. Demonstrating tangible returns on public spending – with HS2 currently the sole benchmark – could justify future tax increases on higher earners, provided the money is not wasted. In an uncertain world, the article argues that rational, evidence‑based governance is preferable to “outlandish initiatives” that create a multitude of losers. Ultimately, the piece concludes that Truss’s experiment was a disaster not merely because of the misguided belief that tax cuts can drive sustainable growth in a mature economy, but because it relied on an imagined “escape hatch” to propel the UK to a higher economic plane.
#more #economic #spending
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