News That Matters

Tag: fears

World markets see red over mounting trade fears

World markets see red over mounting trade fears

Business
World markets have seen red after Donald Trump downplayed the chances of reaching a deal to end the US-China trade war before the need of the year.Shares either side of the Atlantic fell after the US president signalled an agreement may have to wait until after the race for the White House in November 2020. Investors had been hoping the US and China would end trade tensions, which have strained ties between the world's two biggest economies since 2017 when Mr Trump took office. ...
Nicola Adams: Two-time Olympic champion retires over fears for her sight

Nicola Adams: Two-time Olympic champion retires over fears for her sight

Sports
Two-time Olympic champion Nicola Adams has retired from boxing over fears she could lose her sight.The Briton, 37, became the first female Olympic champion when she won gold at London 2012, retaining her flyweight title at Rio 2016.She turned professional in 2017 and is the WBO world flyweight champion. "I've been advised that any further impact to my eye would most likely lead to irreparable damage and permanent vision loss," said Adams.In an announcement to the Yorkshire Evening Post, she added: "I'm immensely honoured to have represented our country - to win double Olympic gold medals and then the WBO championship belt is a dream come true… But it's not without taking its toll on my body."
Federal Reserve cuts rates again amid trade and growth fears

Federal Reserve cuts rates again amid trade and growth fears

Business
The US central bank has cut interest rates again, hoping to shield the economy from the impact of trade wars and a global slowdown.The Federal Reserve lowered the target for its benchmark rate by a quarter point, to a range of 1.5% to 1.75%. The move was the third cut in four months.The decision comes as US economic growth slowed to an annual rate of 1.9% in the most recent quarter.Fed Chair Jerome Powell implied the bank would hold off on further cuts."We feel that policy is well-positioned," he said at a press conference in Washington at the end of the Fed's two-day meeting.Since the last meeting, he said risks to the economy have subsided, pointing to the possibility of a limited "phase one" US-China trade pact and reduce...
Fears UK could follow the US into opioid crisis

Fears UK could follow the US into opioid crisis

Technology
By Sadiya Chowdhury, news reporter Overuse of powerful prescription medication could lead to an addiction crisis in the UK similar to that being seen in the US, mental health professionals are warning.Public Health England will publish a review tomorrow showing that 141 million prescriptions were handed out for strong painkillers, antidepressants, anti-anxiety medication and sleeping pills last year. Doctors issued nearly 71 million prescriptions for antidepressants - a 97% increase compared to 2008. Opiates were up to 40.5 million - 22% more when compared to a decade earlier. And more than 500,000 more sleeping tablets were doled out, a 10% increase.Anti-depressants are included because officials say some people suffer severe symptoms ...
Toyota to pause car production on Brexit day over disruption fears

Toyota to pause car production on Brexit day over disruption fears

Business
Toyota plans to pause production at its UK factory the day after Brexit in case of any disruption to deliveries of parts.The Japanese car maker says work at its Burnaston plant in Derbyshire will stop on Friday, 1 November and restart the following week. Image: The Japanese carmaker built more than 8% of the UK's 1.52 million cars last year Prime Minister Boris Johnson has promised that Britain will leave the European Union on 31 October with or without an agreement with Brussels.The car manufacturing sector, Britain's biggest exporter of goods, has been one of the most vocal critics of a no-deal Brexit, warning that production would be hit with tariffs, border delays and red tape.Toyota built more than 8% of the UK's 1.52 million ca...