Donald Trump’s trade plans could trash China’s economic growth over the next decade with such a powerful impact that he could prevent the 1.4 billion people in the world’s second-largest economy from joining the elite club of high-income nations, according to a new analysis from Morgan Stanley. China is on course to defy its doubters and achieve an average annual income per person of more than $12,900 by 2027, breaking out of the middle-income group. The bank’s analysts do not see this as their central forecast, but do fear it as a major risk to their predictions of a highly successful period of Chinese growth.
Princess Beatrice has followed in the footsteps of her father the Duke of York by setting herself up as a business matchmaker and winning her first high-profile client in the shape of would-be stock market debutant Afiniti. Princess Beatrice joins a phalanx of high-profile individuals associated with Afiniti. The company, which is headquartered in Washington DC, has assembled an advisory board of no fewer than 21 senior figures, including former BP chief executive Lord Browne, ex-BT boss Sir Peter Bonfield, former Thomson Reuters chief executive Tom Glocer and Admiral Michael Mullen, ex-chairman of the US Joint Chiefs of Staff.
NEW YORK (AP) - Lisa Marie Presley describes herself as deeply in debt and just out of a treatment facility in court papers that accuse her estranged fourth husband of having hundreds of inappropriate photographs of children on his computer.
A striking British Airways air hostess has told Sky News that staff have to eat Pot Noodles from their planes because they can't afford to eat properly.
When Roz Davies, the owner of a haberdashery shop in Primrose Hill, north London tore open the letter from the Valuation Office, she returned to bed and pulled the duvet over her head. Ms Davies, who has also run workshops for the community at her Sew Much Fun shop for 10 years, had been suckerpunched with a business rates revaluation, meaning she would suddenly have to find another £6,700 to keep her shop afloat, despite only making £80,000 a year in sales. Up and down the country, shop owners are swinging from depression to rage in anticipation of the new business rates system, which arrives in April, with many facing a steep jump in bills.
Samantha Cameron has told how the devastation of losing her son Ivan meant that everything else in the world became “meaningless” to her. The former prime minister’s wife spoke about the grief she suffered following the death of the couple's eldest son when he was just six years old, saying it was more life-changing than moving into Downing Street. Ivan, who died in 2009, suffered from Ohtahara syndrome, a rare form of epilepsy characterised by spasms, and cerebral palsy.