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Rent is driving inflation. But there’s something off in the data.

Inflation came in hotter than expected in January, and it may take a few more months to know if that was a fluke or if price increases are getting stickier. But one key part of the inflation picture may already look far worse than things really are. Get a curated selection of 10 of our best stories in your inbox every weekend.ArrowRight Rent costs have been driving inflation for months, at least in the way data shows up in the official reports. The Federal Reserve has pushed its baseline interest rate to the highest level in decades, and prices in most other areas are moderating. So it’s been a bit of a mystery to economists why rent hasn’t followed suit. That’s especially because almost every data source, except the consumer price index kept by the Bureau of Labor Statistics, shows that those costs actually are cooling significantly — or even falling — since growth peaked early last year.

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Borders council endorses £10m raid on ‘rainy day fund’

The money will come from the council’s financial reserves to meet a shortfall in funding for the year ahead. The decision will give the local authority time to engage with communities over the next 12 months to shape future service plans which will deliver essential permanent savings through its ongoing transformation programme. Although council tax is being frozen for the year ahead, Borderers face a potential 10 per cent increase in the levy for 2025/26, it has emerged. Despite the £10m from reserves, savings of £4.4m will still be required in 2024/25. The revenue and capital budget proposals for 2024/25 had been developed by a cross-party group of councillors, which is set to continue its work over the next year with a view to identifying savings of at least £5m for 2025/26. COSLA announced a national cash reduction to local authority funding of £62.7m in revenue and £54.9m in capital. These reductions, with ongoing ring fencing, means the council does not have enough money to deliver all the local services people want to the standards they require. The endorsed increases are in response to significant financial pressures, including inflationary pressures of £6.7m, which leave the council in the stark position of having to both increase council tax rates and make permanent service reductions in the future to balance the books. On Thursday, members of SBC agreed the cross-party budget “which commits to the delivery of planned projects and largely protects frontline services, despite continued rising costs”. As part of the 2024/25 budget there will be: £121.6million invested in major capital projects, including new schools and care facilities, as part of a 10-year capital plan worth over £450m Extra funding allocated to local sport and leisure trusts, to the public transport network and to support young people with additional care needs Funding to retain one police Community Action Team Additional funding to manage increasing demand within social care ‘Significant’ investment into roads and transport infrastructure Over the next 12 months the council will be engaging with residents to identify service changes which will deliver permanent cost reductions and help to address the ongoing financial challenges posed by huge inflationary impacts and static government funding. Councillor Mark Rowley, SBC’s executive member for service delivery and transformation, said: “Although we’ve been faced with some tough choices about what we prioritise, we are being ambitious and remain committed to some significant projects. “With hugely increased construction costs it would have been quite easy this year to revisit our capital project plans, but we’ve not done that. We’ve also taken on board the feedback from over 2,000 people and protected or provided additional funds in key priority areas, such as local services, public transport, roads, the local economy and community safety. “On top of the £84m savings already made over the past 10 years we do need to make further transformational changes which reduce our costs though. Whilst inflation is slowing, costs and demands are still increasing, and are on top of significantly higher increases over a sustained period of time, so the pressure on our funds is unrelenting.” Councillor Elaine Thornton-Nicol, leader of the SNP and Green group, said: “The council is here to deliver services for all Borderers, from the day they are born to the day they depart us. With continued financial pressures it is now about how we do that with less money, but still do it well and ensure that people are safe and supported. “This budget gives us some headspace to consider potential changes and the time to go out to communities and be open and transparent about the costs of our services, including those we have to provide legally, and the options we have to deliver things differently.” Councillor Euan Robson, leader of the Liberal Democrat group, added: “This budget allows us a year to engage with communities to consider decisions, some of which may be very difficult, but which will assist in securing the financial sustainability of the council in future years. “The cross-party consensus arrived at around this budget is positive and will hopefully continue, and be replicated at individual ward level, as new service delivery plans are developed for 2025/26 and beyond.” Tweeddale East councillor Robin Tatler, leader of the independent group, said: “It is a hard, hard journey we are going on, but it is the only way we can continue to deliver the services we have to and those which are priorities for our communities. “One example of what we need to consider is the council’s large property estate. Anything we can do to reduce that brings in funds from the sale of property and also reduces the ongoing costs.”

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Home of the Week: 32 Cloise Way

32 Cloise Way Asking Price: $1,799,000 Beds/Baths: 4 Bedrooms / 4 Bathrooms Selling Agent: Mike Castiglione, with Royal LePage Real Estate Services Ltd., Brokerage. Located on a quiet street across from Featherstone Parkette, this impeccably kept four-bedroom executive residence boasts undeniable charm! Situated in a sought-after area close to schools, Sixteen Mile Sports Complex, parks, walking trails, dining venues, hospitals, shopping centers, and every convenience imaginable, this home is perfectly suited for family life. Upon entering, you’ll find a well-designed main floor featuring engineered hardwood floors, a welcoming living room with a cozy gas fireplace flowing seamlessly into a refined dining area. Also on this level are a flexible office space, powder room, mudroom with garage access, and a chef’s kitchen. The kitchen offers plenty of storage, a pantry, stylish quartz countertops, stainless steel appliances, a breakfast bar island, and a spacious dining area with French doors opening onto the patio. Moving upstairs, you’ll discover the primary suite with a walk-in closet and a luxurious five-piece ensuite featuring double sinks and a deluxe freestanding bathtub. Three additional bedrooms, a five-piece main bathroom with double sinks, a laundry room, and a desirable den/computer nook with built-in desk and shelving complete this floor. An open house will take place today, March 3, from 2 p.m. – 4 p.m. Property Details Price: $1,799,000Beds: 4Baths: 4Floor Space: 2695.94Year Built: 2018Style: Two StoryGross Taxes for 2024: $7,137 Home Highlights Address: 3272 Cloise Way, Oakville, ON, L6M 4M1Price: $1,799,000Beds/Baths: 4/4Park Proximity: Location opposite Featherstone ParketteMain Floor: Well-designed main level with hardwood flooringKitchen: Chef’s kitchen with quartz countertops and stainless steel appliancesRetreat: Primary retreat with walk-in closet and spa-like ensuiteFinished Basement: Professionally finished basement with recreation room and bathroomExterior: Stone and brick exterior with covered porchBackyard: Fully fenced backyard with stone patio For commuters, the proximity to public transit and major highways is a definite plus. Surrounded by parks and scenic trails, this home offers an ideal setting to create family memories! Interested in this Home of the Week? Reach out to the selling agent here: Email: michelle@dancooper.com Phone: 905-338-3737 You can learn more about this property by visiting its website online here. More great local homes Property: 392 Fourth Line Price: $2,499,000 Realtor: Sam McDadi This impressive 0.6-acre lot is surrounded by beautiful mature trees and offers ample space for a large custom home and a private backyard oasis. Located close to downtown Oakville, it’s also near all desired amenities such as the YMCA, Fortinos, Lakeside Volleyball Club, Westgate Park, and the renowned Appleby College. You can learn more about this property by visiting its website online here. Property: 1525 Elm Road – Unit #21 Price: $699,500 (Down from: $729,500) Realtor: Ken Wedlake Welcome to unit #21 at 1525 Elm Road, the Shady Elms in College Park of Northeast Oakville. Located in the College Park Area, this is a two-bedroom (Master Bedroom could be returned to the original 3 bedroom plan), two-bathroom Townhome with a fully finished basement. The spacious living room features a very large, bright window, and a sliding door walkout to the deck and fenced Garden area. On the second floor, you will find an extra-large Master Bedroom with two windows and two closets. You can learn more about this property by visiting its website online here.

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New Glasgow Brazilian Sunday Roast special set to entice diners missing Viva Brasil

A city centre restaurant has just launched a new Sunday special that is sure to have diners missing Viva Brasil knocking on their doors. El Santo, the vibrant Latin American restaurant on Miller Street, has announced the launch of its new Sunday Rodizio BBQ, offering a shared dining experience with an extensive selection of expertly chargrilled meats and accompanying sides. The team say Brazilian dead chef, Julianna JuKipper will introduce a selection of premium meats prepared in traditional Brazilian style, alongside an array of complementary sauces that will “tantalize the taste buds”. Priced at £38.95 per person, the experience includes unlimited meat from a choice of twelve options including beef, pork, lamb and chicken, as well as unlimited sides from a choice of six, and unlimited accompanying sauces from four tempting options. READ MORE: Glasgow to star on Netflix’s Somebody Feed Phil as star enjoys dinner with Julie Lin READ MORE: The independent bring-your-own-bottle pottery painting studio taking Glasgow by storm The special also includes a classic Caipirinha cocktail, or a mocktail equivalent. Guests can enjoy the meat at their own pace by using an innovative slider (which switches from red to green and back) to control the flow of meat to their plate. By turning it to green, the “passadores”, or South American meat chefs, will bring out skewers of freshly prepared meats one by one, whilst turning the slider to red will indicate a resting point. Usually served medium rare to medium, El Santo’s skilled chefs are happy to cook the cut to any diners preferred taste. The authentic selection of Brazilian-style side dishes, brought to the table on request to complement the meal, include arroz (rice), Batata Frita (potato chips) garlic bread, Farofa (Cassava Flour), Mayo Salad with Potato and Veg, and Feijoada (Black Bean Stew). “As we continue to celebrate all things Brazilian in February here at El Santo, we are delighted to launch what is a fantastic, and very authentic, South American BBQ experience for our diners, regular and new,” said head chef Julianna JuKipper. “We have included a premium selection of meats, cut in the traditional Brazilian way – from Picanha, which is the Cap of the Rump, to Tri-Tip, which is the Bottom Sirloin, to Costello which are succulent beef ribs. “We also have a delicious cut of smoked pork with pineapple chilli jam, lamb chops with oregano, or Brazilian sausage – truly something for everyone. “If you’re a sauce lover, you can choose from chimichurri, peppercorn, garlic chilli butter, or vinaigrette. Or leave your meat plain, the choice is yours. What is so special about Rodizio is that it’s a very personal way of eating as you dictate the pace and the choices entirely.” Juliana finished by saying he thought Rodizio would be very popular on a Sunday, “as it’s a relaxing day for friends and family to come together, enjoying and sharing delicious food.” Join Glasgow Live’s WhatsApp community here and get the latest news sent straight to your messages. Sign up to our daily Glasgow Live newsletter here to receive news and features direct to your inbox

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Maada Bio’s ministers, thugs and Police caught on video trashing a polling station : Is the Millennium Challenge Corporation ( MCC ) crazy or just corrupt like the SLPP ? – Cocorioko

By Kabs Kanu Here is very graphic and shameful video showing government ministers and officials of the ruling Sierra Leone People’s Party ( SLPP ) as well as police offiers belong to President Maada Bio’s tribe attacking a polling station in the stronghold of the opposition All People’s Congress ( APC ) and trashing ballot boxes to stop the votes from being counted. They destroying everything in the polling station. This is just a fraction of the voting atrocities committed during elections by the SLPP in Sierra Leone. Yet, the corrupt MCC is gifting the irredeemably corrupt SLPP Government led by President Maada Bio pass grades in democracy and upholding the rule of law and planning to give them U.S $500 million . No wonder the U.S Congress put its foot down and blocked the corrupt MCC . This is just one graphic evidence that Bio ‘s government does not deserve any pass grade in the MCC Compact Award scorecards ? Witness the banner headlines in Sierra Leone newspapers everyday about rampant corruption in all Sierrra Leone’s ministries, departments and agencies ( MDAs ) and the MCC has the gumption to give President Bio ‘s government pass grades in controlling corruption. What corruption are they controlling ? If the MCC is not crazy and corrupt, how can they miss all these evidence ? The MCC officials who gave Bio pass grades in the MCC Compact scorecards should be arrested for defrauding the American people. The Concerned Sierra Leoneans —an international pressure group in the U.S and around the world —is planning massive demonstrations before the offices of the MCC in Washington DC to protest the organization’s hypocritical and corrupt dealings in Sierra Leone. We will bring you more detsils.

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(၁၈)ကြိမ်မြောက် အရှေ့တောင်အာရှ ကာယဗလပြိုင်ပွဲနှင့် ၂၀၂၄ ခုနှစ်အတွင်း နိုင်ငံတကာ ကာယဗလပြိုင်ပွဲအတွက် မြန်မာ့လက်ရွေးစင် အားကစားသမားများ ရွေးချယ်

Skip to main content (၁၈)ကြိမ်မြောက် အရှေ့တောင်အာရှ ကာယဗလပြိုင်ပွဲနှင့် ၂၀၂၄ ခုနှစ်အတွင်း နိုင်ငံတကာ ကာယဗလပြိုင်ပွဲအတွက် မြန်မာ့လက်ရွေးစင် အားကစားသမားများ ရွေးချယ် (၁၈)ကြိမ်မြောက် အရှေ့တောင်အာရှ ကာယဗလပြိုင်ပွဲနှင့် ၂၀၂၄ ခုနှစ်အတွင်း နိုင်ငံတကာ ကာယဗလပြိုင်ပွဲအတွက် မြန်မာ့လက်ရွေးစင် အားကစားသမားများ ရွေးချယ် ရန်ကုန် မတ် ၂ မြန်မာနိုင်ငံ ကာယဗလနှင့် ကာယကြံ့ခိုင်မှု အားကစားအဖွဲ့ချုပ်က ကြီးမှူး၍ လာအိုနိုင်ငံ ဗီယန်ကျင်းမြို့၌ ကျင်းပမည့် (၁၈)ကြိမ်မြောက် အရှေ့တောင်အာရှ ကာယဗလနှင့် ၂၀၂၄ ခုနှစ်အတွင်း ကျင်းပမည့် နိုင်ငံတကာ ကာယဗလပြိုင်ပွဲအတွက် မြန်မာ့လက်ရွေးစင် ရွေးချယ်ပွဲကို ယနေ့နံနက်ပိုင်းတွင် ရန်ကုန်တိုင်းဒေသကြီး မင်္ဂလာတောင်ညွန့်မြို့နယ် စက်ရုံလမ်းရှိ မြန်မာနိုင်ငံ ကာယဗလနှင့် ကာယကြံ့ခိုင်မှု အားကစားအဖွဲ့ချုပ်၌ ကျင်းပသည်။ လက်ရွေးစင်ရွေးချယ်ပွဲတွင် အမျိုးသား ကာယဗလမောင် ၅၅၊ ၆၀၊ ၆၅၊ ၇၀၊ ၇၅ ကီလိုတန်း၊ ၇၅ နှင့်အထက် ကီလိုတန်းပြိုင်ပွဲ၊ အမျိုးသား Athletic Physique Up to 175 Cm + 6 Kg ပြိုင်ပွဲ၊ အမျိုးသား Sports Physique Up to 170 Cm -2 Kg ပြိုင်ပွဲ၊ အမျိုးသမီး Athletic Physique ပြိုင်ပွဲ၊ အမျိုးသမီး Model Physique Up to 160 Cm ပြိုင်ပွဲ၊ အမျိုးသမီး Model Physique Over 165 Cm ပြိုင်ပွဲများ ကျင်းပရာ မျိုးဆက်သစ် ကာယဗလ မောင်မယ်များက သတ်မှတ်ကိုယ်ဟန် ခုနစ်မျိုးဖြင့် နောက်ခံတေးဂီတနှင့် အတူ ကိုယ်ခန္ဓာ ကျစ်လျစ်ခိုင်မာမှုကို လှစ်ထုတ်ပြသ ယှဉ်ပြိုင်ကြသည်။ အဆိုပါပြိုင်ပွဲများမှ အတန်းလိုက်ပြိုင်ပွဲများ၌ အကောင်းဆုံး အားကစားများအား မြန်မာနိုင်ငံ ကာယဗလနှင့် ကာယကြံခိုင်မှု အားကစားဖွဲ့ချုပ် ဥက္ကဋ္ဌ ရန်ကုန်မြို့တော် စည်ပင်သာယာရေး ကော်မတီ ဒုတိယဥက္ကဋ္ဌ(ဒုတိယမြို့တော်ဝန်)ဦးညီညီ၊ မြန်မာနိုင်ငံကာယဗလနှင့် ကာယကြံ့ခိုင်မှု အားကစားအဖွဲ့ချုပ် ဒုတိယဥက္ကဋ္ဌ ဦးကျော်သန်းနှင့် တာဝန်ရှိသူတို့က စိစစ်ရွေးချယ်ခဲ့ကြောင်း သိရသည်။ ထို့နောက် ရွေးချယ်ခံမျိုးဆက်သစ် ကာယဗလ အားကစားသမားများအား မြန်မာနိုင်ငံ ကာယဗလနှင့် ကာယကြံခိုင်မှု အားကစားဖွဲ့ချုပ် ဥက္ကဋ္ဌ ရန်ကုန်မြို့တော် စည်ပင်သာယာရေး ကော်မတီ ဒုတိယဥက္ကဋ္ဌ (ဒုတိယမြို့တော်ဝန်) ဦးညီညီက သြဝါဒစကားပြောကြားသည်။ မြန်မာ့လက်ရွေးစင် ရွေးချယ်ခံ အားကစားသမားများသည် မတ် လ ၂၀ ရက်မှစတင်၍ စခန်းဝင်လေ့ကျင့် ကြမည်ဖြစ်ကြောင်း သိရသည်။ အားကစား

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East Lothian youngsters consider careers in STEM thanks to community robotics club

A new robotics club in West Lothian is inspiring more children to get involved in science, technology, engineering and maths (STEM). First Step Robotics, which runs in the Dundas community hub at Uphall Station Village, teaches young people in the community how to build and programme robots. The club was set up last October by Edoh Agbenokoudji, a former technologist at the London School of Economics. Originally from Togo in West Africa, he’s hoping to give opportunities to children that he wishes was available to previous generations. Edoh said: “Where I grew up, you don’t have opportunity, so if you wanted to make something you had to find electronic paths in the trash and make things out of them. I used to enjoy it then. “I came to the UK in 2003 and I realised there is a lot of opportunity so I started a robotics club and children seemed to like it a lot. “Then five years ago I moved to West Lothian and I still have that dream and the passion to get young people involved in making stuff.” The children have already competed in a regional robotics competition, where they won an Amaze Award for the most well rounded, top performing robot. Ifeoluwa Fabiyi, 15, joined the club when it began last year and says he is now considering a career in STEM. He said: “Technology is the future and we need to prepare ourselves and this robotics would really help me for an application to a university or school that I really want to go to.” Daniela Ukpe, 14, said she’s also been thinking about what she would like to study at university thanks to the club. She said: “I’m grateful for him (Edoh) donating his time to help up and invest in our lives. I feel like it’s helped me in my own way and I feel like I could want to do that (robotics) when I finish high school.” Others feel they have developed different skills and grown in confidence. Corey Hobson, 14, said: “I feel like I’ve developed my communication with the group because before this I wasn’t that good at talking to people.” Volunteer, Diane Okun-Okhale said: “It’s a safe space for young children to learn, to learn about robotics, learn about artificial intelligence – it’s the future of work – and to give opportunities to kids from maybe challenged backgrounds. “It’s for everybody really but you find that there are certain groups that might not have that much opportunities as the others and so this is that opportunity for them to come in, to learn, be in the same space and learn different skills beyond the tech.”

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Hearts vs Celtic: Starting teams named for Premiership clash at Tynecastle

Steven Naismith and Brendan Rodgers have named their starting line-ups for Sunday’s Premiership clash between Hearts and Celtic. The Hoops arrive at Tynecastle knowing a win will see them leapfrog Rangers and regain top spot in the league going in to the last nine games. That is because the league leaders suffered a shock 2-1 defeat at home to Motherwell on Saturday as the title-race begins to heat up between the big two. However the home side will be aiming to take another step towards securing third and a victory will move them 13 points clear of fourth placed St Mirren. Hearts beat Celtic last time the teams met with a 2-0 victory in Glasgow in December and have only lost one of their last 14 games. But they are without a win in their last two games after a 5-0 defeat to Rangers last weekend and a 1-1 draw with Hibs on Wednesday. The champions on the other hand seem to have finally found the kind of form that has eluded them for large parts of the season after a 3-1 win at Fir Park was followed by a 7-1 defeat of Dundee. A victory in the capital will put them a point ahead of their city rivals and take back the top spot they have held for most of the season. But the home side have ambitions of their own and will fancy their chances of taking something in front of their own support. Naismith starts with Clark in goals behind Kingsley, Rowles, Cochrane, Lembikisa, Sibbick, Baningime, Nieuwenhof, Grant, Forrest and Shankland. Celtic are without captain Callum McGregor for the first time in a league game this season after suffering a knock to Achilles in midweek and he is replaced by Paulo Bernardo. And that is the only change from the 7-1 win with Rodgers naming Hart in goals behind a back four of Johnston, Carter-Vickers, Scales and Taylor and a midfield three of Tomoki Iwata, Matt O’Riley and Bernardo. In-form forward Adam Idah leads the line again after three goals in the last two games with Yang and Maeda at either side of him making up a front three.

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Swiss vote on pensions and retirement age

Swiss citizens went to the polls on Sunday in a referendum about two questions concerning pension reforms. They will decide whether to raise the retirement age from 65 to 66 and increase pension payments in two separate proposals. The fate of the first question appears pretty much clear. Polls show that more than 60% of voters will reject the age raise proposal, which also seeks to tie retirement age “flexibly” to life expectancy. However, the second proposal seeking to boost pension payments could get through, though the outcome remains unclear. Voters against the retirement age increase claim the elderly already have problems finding work, with the rise potentially worsening the situation. Swiss citizens have repeatedly rejected initiatives to increase the retirement age, which has remained unchanged since state pensions were introduced in 1948. Life expectancy in Switzerland is currently one of the highest in the world. A Swiss male born in 2022 can expect to live 81.6 years, while for women it is 85.4 years, according to the Swiss Federal Statistics Office . The second initiative wants to add a 13th pension payment in a year, just like the 13th month of salary many employees in Switzerland and elsewhere in Europe receive. Monthly social security payments in Switzerland can rise to 2,450 Swiss francs (2,553 euros) for individuals and 3,675 francs (3830 euros) for married couples. Switzerland is consistently ranked as one of the most expensive countries in the world. A kilo of chicken costs around 25 euros and a loaf of bread is around 3.20 euros, according to the cost of living tracker Numbeo . Critics of the pension payment boost claim it will be costly for the state and could lead to tax increases. Countries across Europe are grappling with how to solve issues relating to their ageing populations. Early indications suggest the Swiss referendum could be popular, with postal votes in recent days attracting a record number of voters.

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India navy to open strategic base near Maldives – The Frontier Post

NEW DELHI New Delhi (AFP): India’s navy has said it is bolstering forces on “strategically important” islands close to the Maldives, with a new base set to open just days before Male starts sending home Indian forces. Relations between India and the Maldives have soured since pro-China President Mohamed Muizzu won elections last year after promising to expel Indian forces. India is suspicious of China’s growing presence in the archipelago nation, which straddles key east-west international shipping routes, and the new base will extend New Delhi’s “operational surveillance” of the area, the navy said in a statement late Saturday. Muizzu has asked India to withdraw 89 security personnel based in the Maldives to operate reconnaissance aircraft, with the first batch due to leave by March 10 and all to depart within two months. The new base, opening March 6 on India’s Lakshadweep islands, will turn an existing small detachment into an “independent naval unit”, according to the navy’s statement. India’s Lakshadweep islands lie about 130 kilometres (80 miles) north of the Maldives, with the new naval base on the island of Minicoy situated at their closest point. India’s navy already has a base on the Lakshadweep island of Kavaratti, but the new base will be about 258 kilometres (160 miles) closer to the Maldives. “Minicoy is the southernmost island of Lakshadweep which straddles the vital sea lines of communications,” the navy said. It said the base will boost anti-piracy and anti-narcotic operations, and was part of a policy to “incrementally augment security infrastructure at the strategically important” islands.

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