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☆ How a British tank museum is helping Ukraine to repair its Soviet-era armor
▼ + stars: | 2024-03-09 | by ( Cameron Manley | ) www.businessinsider.com time to read: +4 min

Read previewA tank museum in England is helping Ukrainians in the fight against Russia. Home to over 300 tanks from 26 countries, The Tank Museum in Bovington possesses an archive of manuals, diagrams, and documents on repairing Soviet-era tanks and armor damaged while battling for Ukraine. Using these archives and its track specimens, The Tank Museum has been working with County Durham-based Cook Defense Systems to produce replacement tracks and drive sprockets.. The Tank Museum is a surprise hit on social mediaNor is this the first time that the museum has used its expertise to help out modern-day armies. AdvertisementThe Tank Museum is close to the British Army's Bovington Garrison where it trains all soldiers destined for regiments equipped with armoured vehicles.

Persons: —, David Willey, Finnbarr Webster, Rishi Sunak, Volodymyr Zelensky, Andrew Matthews, Garrison, Volodymyr Zelenskyy Organizations: Service, Russia, The Tank, Tank, Cook Defense Systems, Business, Cook Defence, UK's Ministry of Defence, Cook Defense, Museum, British Army, The, British Royal Air, Tank Museum, RAF Tornado, British, Challenger Locations: England, Bovington, Ukraine, County Durham, Germany, Libya, Lulworth , Dorset, Ukrainian

☆ Deflation: Here's where prices fell in January 2024, in one chart
▼ + stars: | 2024-02-14 | by ( Greg Iacurci | ) www.cnbc.com time to read: +6 min

These are the big deflationary factors"A lot of factors have come together to push goods prices down," said Mark Zandi, chief economist at Moody's Analytics. In addition to normalizing supply-demand dynamics, a historically strong U.S. dollar relative to other global currencies has also helped rein in goods prices, Zandi said. Falling energy prices have also put downward pressure on goods prices, due to lower transportation and energy-intensive manufacturing costs, economists said. Lower energy prices also put downward pressure on the transportation of food to store shelves. Consumers get more for roughly the same amount of money, which shows up as a price decline in the CPI data.

Persons: RC Willey, George Frey, Jay Bryson, there's, Mark Zandi, Zandi, rebalancing, J.P, Hopper Organizations: RC, Bloomberg, Getty, U.S . Bureau of Labor Statistics, Wells, Wells Fargo Economics, Moody's, U.S . Federal, Services, Finance, Morgan's, Investment, Group, of Labor Statistics Locations: Draper , Utah, Wells Fargo, U.S, Salinas, California

☆ Beware these debt-laden stocks breaking down under the weight of higher rates
▼ + stars: | 2023-10-05 | by ( Lisa Kailai Han | ) www.cnbc.com time to read: +7 min

Stocks have sold off as Wall Street accepted that the Federal Reserve might keep interest rates higher for longer to crush inflation. Corporate debt refinancings are going to start hitting profits more urgently starting in 2024, according to Wolfe Research chief investment strategist Chris Senyek. "[T]hat higher interest expense is likely to create a $5-$7/share headwind for S & P 500 operating EPS in 2024," Senyek said. Stocks have sold off as Wall Street accepted that the Federal Reserve might keep interest rates higher for longer to crush inflation. "[T]hat higher interest expense is likely to create a $5-$7/share headwind for S&P 500 operating EPS in 2024," Senyek said.

Persons: Stocks, Chris Senyek, —, Senyek, LSEG, RC Willey, George Frey, BAX Baxter, Lockheed Martin, Kellogg Organizations: Labor Department, Wall, Federal Reserve, Wolfe Research, CNBC, General Motors, United Auto Workers, GM, Whirlpool, Kellogg, RC, Bloomberg, Getty, Equity, Lockheed, AEP American Electric Power, Dominion Energy, Motors, Duke Energy, VZ Verizon Communications, Nasdaq, Stock Screener, Whirlpool Corp Locations: Draper , Utah

☆ England's Willey ready to do 'donkey' work to avoid more World Cup heartbreak
▼ + stars: | 2023-09-13 | by ( ) www.reuters.com time to read: +1 min

Sept 13 (Reuters) - England bowling all-rounder David Willey said he is ready to do the "donkey" work if it will help him secure a place in the squad for the upcoming Cricket World Cup after missing out on the last edition. Willey had been in the running for England's 2019 World Cup squad but was ditched to make way for Barbados-born fast bowler Jofra Archer. I'd have given my left arm to be a part of the last World Cup. Willey has managed to stay injury-free for much of his career and said his robustness could be crucial for England over the six-week tournament. "Call me a donkey if you want, but to take a donkey out to what could be a tough trip, you just might need a donkey," he said.

Persons: David Willey, Willey, Jofra Archer, I'd, Pearl Josephine Nazare, Peter Rutherford Organizations: New Zealand, Thomson Locations: England, India, Barbados, Bengaluru

☆ This Museum Has 300 Tanks and Over 100 Million YouTube Views
▼ + stars: | 2023-09-12 | by ( Alex Marshall | More About Alex Marshall | ) www.nytimes.com time to read: +2 min

“You really have to admire the bravery and tenacity of the guys who worked in these conditions,” he said. The popularity of the museum’s videos have given the presenters a taste of the influencer life — both positive and negative. Less endearingly, he added, “Russian bots” appeared to be targeting the museum’s clips on tank use in Ukraine, spamming the videos with negative comments. At a time when many museums in Britain are struggling to cope with inflation and falling government subsidies, Wyness said that the YouTube clips had proved a financial boon. Willey, said that, thanks to YouTube, he was educating more people about tanks than he had ever expected.

Persons: clambered, ”, Willey, Wyness, Copson, Paul Famojuro Organizations: YouTube Locations: Ukraine, Britain, Bovington

☆ A Texas judge has declared unconstitutional a law championed by Gov. Greg Abbott that limits the power of Democrat-led cities
▼ + stars: | 2023-08-30 | by ( Katie Hawkinson | ) www.businessinsider.com time to read: +3 min

A Texas judge declared a law that prevented cities from passing some local ordinances unconstitutional. Greg Abbott, a Republican, signed a bill into law in June that prohibited cities from passing certain local ordinances. "I am thrilled that Houston, our legal department, and sister cities were able to obtain this victory for Texas cities," Houston Mayor Sylvester Turner wrote in a statement. "While the judge declared HB 2127 unconstitutional, she did not enjoin enforcement of the law by Texans who are harmed by local ordinances, which HB 2127 preempts," Willey wrote to Insider. "This is a HUGE win for the working people of Texas, local govs, and communities across our state," the Texas AFL-CIO posted in response to the decision.

Persons: Greg Abbott, Maya Guerra Gamble, Sylvester Turner, Gamble's, Paige Willey, Willey Organizations: Republican Gov, Democrat, Service, Republican, Houston, Legislature, Texans, Texas AFL Locations: Texas, Wall, Silicon, Houston

☆ Australia win Adelaide ODI, Malan ton for England in vain
▼ + stars: | 2022-11-17 | by ( ) www.reuters.com time to read: +1 min

Nov 17 (Reuters) - Australia's top order fired in unison to secure a six-wicket win over England with Dawid Malan's career-best 134 for the tourists in vain as in the first one-day international on Thursday. David Willey's unbeaten 34 was the next highest score by an England batter as the tourists went on to post a decent 287-9 at the Adelaide Oval. A 147-run opening stand between David Warner (86) and Travis Head (69) effectively laid the platform for Australia's comprehensive victory. The teams move to Sydney for the second ODI on Saturday to be followed by the third and final match in Melbourne on Tuesday. Reporting by Amlan Chakraborty in New Delhi; editing by Ken FerrisOur Standards: The Thomson Reuters Trust Principles.

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