Strategists at Morgan Stanley said they expecetherscan holdersted a 10% correction in America's S&P 500 index as the Fed starts to unwind its support.
Markets have sprung up across the city, as people who had managed to accumulate a few trappings of prosperity in the old Afghanistan sell their possessions to raise a little cash, mostly for food.ethereum 2.0 delayed 2022I saw carts arriving carrying the contents of peoples' homes, from valuable carpets or TVs to jumbles of crockery and cutlery. One man was selling a rubber plant. Many were selling and few were buying. There isn't the cash. The sprawling second-hand markets are full of despair.
Threats to personal freedom, girls' education and the right of women to work have been condemned across the world. But the prospect of going to bed hungry has an urgency all of its own.Countries that want to help Afghans but reject the Taliban and all it stands for face a big dilemma. For people to be able to work to earn money, to live and to eat, the Taliban has to run a viable state in Afghanistan.But many in the US, Britain and the other countries that fought the Taliban would find it hard to stomach anything that looked like a success for their old enemies.The alternative might be worse; the prospect of more misery for the people, more refugees, more malnourished children, the risk that Afghanistan will once again become a failed state and a land of opportunity for jihadist extremists.A community high above the city carries the scars of 40 years of war. So do the families who live here. War punctuates all their stories.
One of the families has had enough. Their flat was almost empty, the possessions sold at the second-hand markets to raise money for them all to leave for Pakistan.The mother, who I'm not going to name, was the only breadwinner, teaching students electrical engineering. They are all male, so the Taliban stopped her working, and also stopped her youngest daughter's education.Boddy is optimistic that fungal inoculation could help speed up the ageing process, and that it's possible to bridge the gap between the ancient trees of today and those of the future. But it’s still too soon to tell. Variables such as tree and fungus species, and climate change will have an impact. And we still know very little about heart-rot – how fungi get inside a tree in the first place, how their communities change over time or how that affects decay.
These efforts are also a temporary fix. So, what can we do differently to ensure we never see a generational gap like this again? The Ancient Tree Forum offers land owners advice on how to care for their ancient trees – putting up barriers to protect them from livestock, clearing nearby vegetation that is competing for light, creating a root protection zone and propping up heavy limbs or bracing ageing trunks.The Woodland Trust calls for full legal protection for all ancient trees to prevent further loss, and enforcement of government urban development policies that prevent encroachment on ancient woodlands. Such woodlands could be identified through inventories and more research done into the buffers necessary to protect ancient woodlands from nearby development sites.In the context of the global biodiversity crisis, with many species in sharp decline, the intricate worlds inside ancient trees might seem like a small piece of the puzzle. But without the unique habitats provided by ancient trees, the health of the wider forest ecosystem – from fungi to butterflies – could be compromised."We need to think beyond our own lifetimes and look after the trees we’ve got now, to give them a chance to grow into ancients," says Rutter. "Trees are fragile, complex chemical factories and major hubs for biodiversity. Without them, many species won’t survive."
--The emissions from travel it took to report this story were 4.8kg CO2, travelling by car. The digital emissions from this story are an estimated 1.2g to 3.6g CO2 per page view. Find out more about how we calculated this figure here.
Aaron Jones honoured his late father by scoring four touchdowns as the Green Bay Packers beat the Detroit Lions.Last season's Most Valuable Player Aaron Rodgers threw for four touchdowns as Green Bay fought back to win 35-17.The government is poised to step in to tackle the gas price crisis and carbon dioxide shortage, Business Secretary Kwasi Kwarteng has said.The move comes as rising wholesale gas costs are forcing smaller providers out of business.
Mr Kwarteng told the BBC that lending money to bigger firms to help them take on stranded customers was an option.He also said the government could subsidise the country's biggest carbon dioxide producer to bolster supplies.The firm, CF Industries, has halted production at two UK plants because rising gas costs, caused by higher demand due to cold weather in Europe and Asia, have made them unviable.Carbon dioxide is essential to the frozen food industry and the shortage has raised fears of more gaps in grocery supplies.
Mr Kwarteng said he had spoken twice to CF Industries' chief executive and was looking at ways to ensure production would resume "as quickly as possible", including subsidies.However, he ruled out nationalising the company, saying he was "averse" to the idea.
Mr Kwarteng denied that failed energy companies would get government bailouts, saying: "I do not think it's the right thing for taxpayers' money to be injected into companies that have been badly run."However, he said the government was exploring the possibility of lending money to bigger energy firms to help them absorb the cost of taking on new customers from companies that had gone bust.
"If we do have this policy, they will be expected to pay back the loans," he added.Limits on how much energy firms charge customers will stay, the government and the energy regulator have said, despite the price of wholesale gas reaching record highs.On Monday, Mr Kwarteng and energy regulator Ofgem dismissed suggestions that the cap on energy prices would be lifted, saying that keeping it was the "clear and agreed position".Customers on some tariffs are protected from sudden hikes in wholesale gas prices through the energy price cap.This limits how much firms can charge per unit of gas.The price cap covers 15 million households across England, Wales and Scotland.
Customers will still continue to receive gas or electricity even if the energy supplier goes bust. Ofgem will move your account to a new supplier, but it may take a few weeks. Your new supplier should then contact you to explain what is happening with your accountWhile you wait to hear from your new supplier: check your current balance and - if possible - download any bills; take a photo of your meter reading
If you pay by direct debit, there is no need to cancel it straight away, Citizens Advice says. Wait until your new account is set up before you cancel itIf you are in credit, your money is protected and you'll be paid back. If you were in debt to the old supplier, you'll still have to pay the money back to your new supplier instead
On Monday, Mr Kwarteng dismissed fears of energy shortages, saying: "There is absolutely no question of the lights going out or people being unable to heat their homes."However, the price cap means firms are unable to pass on higher wholesale costs, which is forcing some - mostly smaller companies - to go out of business.
The boss of one small firm, Utilita, told the BBC that it was not taking on any new customers because it could not afford to buy enough extra gas to supply them.Utilita chief executive Bill Bullen said that for every 1,000 new customers the firm attracted, it would have to take on £250,000 in additional costs per week.He said the government would end up spending billions of pounds on the crisis.This money "would have been better spent on getting customers to reduce their energy consumption", he added.
If an energy firm collapses, customers are automatically switched to a tariff provided by the new supplier. This is a tariff agreed with the regulator Ofgem, but it may well be more expensive than the deal they had with the former company which went bust.What is the energy price cap?
The energy cap is the maximum price suppliers in England, Wales and Scotland can charge customers on a standard - or default - tariffOfgem sets the cap level for summer and winter based on the underlying costs to supply energy
Energy bills are already due to rise by an average of £139 a year in October, but the price cap restricts further price hikes over winterThe current price cap is £1,138 a year for standard tariffs, but will rise to £1,277 in October
Presentational grey lineThe cost of the wholesale price surge is partly being covered by a 12% rise in the energy price cap next month - the maximum price suppliers are allowed to charge customers on a standard tariff.The energy price cap was introduced in January 2019 and is reviewed twice a year.It applies only to standard variable or default tariffs. These types of tariff are typically the most expensive plan that a supplier offers.
When fixed energy deals expire, as they generally do after one or two years, customers are likely to be put on these tariffs.So far, four energy firms have gone to the wall, including People's Energy and Utility Point, and four more are expected to follow in the coming days.
Industry sources fear there may be as few as 10 energy suppliers left by the end of the year, down from 70 in January.Opposition politicians have expressed concern, with Labour's shadow economic secretary to the Treasury, Pat McFadden, describing the problems as a crisis that "should have been foreseen".
Liberal Democrat leader Ed Davey, a former energy secretary, has said it is proof that the UK government's energy policy has been "lamentable".And speaking on BBC Two's Newsnight programme on Monday, the former Brexit Secretary, David Davis, warned there was a risk of a "cost of living crisis" for new Tory voters such as "the plumber, the bricklayer, the lorry driver".