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@ISIDEWITH submitted…6hrs6H
A new poll reveals a significant majority of UK voters, and an even larger proportion of Labour voters, support the idea of Jeremy Corbyn being readmitted to the Labour Party. According to exclusive polling by Techne for the Independent, 56% of all voters believe Corbyn should be allowed back into the…
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@ISIDEWITH submitted…5hrs5H
Michael Portillo, a prominent figure in the Conservative Party, has issued a stark warning to his party, suggesting that many Tory candidates could face a defeat similar to his in the 1997 general election. Portillo's loss in 1997 became emblematic of the Conservative Party's landslide defeat to Labour,…
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@ISIDEWITH submitted…4hrs4H
Armed gangs, including Hamas-backed groups, have plundered at least $120mn from banks in northern Gaza in just the past two months, according to UN estimates, as the war-ravaged strip suffers from a severe cash crunch.The thefts amounted to at least a third of the cash stored in stranded vaults, according to mid-May estimates seen by the Financial Times. About $240mn more is sealed in bank vaults in northern Gaza, some entombed in concrete to try to prevent looting following the collapse of civil order in the besieged enclave.The robberies have fueled concerns among Israeli officials that some of the funds could further fuel Hamas’s insurgency as the militant group gains control of scarce banknotes in the besieged enclave’s closed wartime economy.The conflict and Israeli restrictions on the movement of cash and armoured cars have limited the availability of physical money. Residents must pay a fee a week in advance to even join the queue for a cash machine in central Gaza, one of a tiny handful of functioning machines left for the strip’s more than 2mn people.The thefts came as Gazans, most of whom live in poverty, struggle to find banknotes to buy essential supplies as inflation spirals following eight months of war.
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“We are just not producing the EVs the consumers want at a price point they want.” Van Jackson, previously an official in the Obama administration and now a senior lecturer in international relations at Victoria University of Wellington in New Zealand, says electric cars still need to fall in price if the market is to grow substantially. “How do you bring workers along and increase their wages, and have a growth market for these products, given how expensive they are?” he asks. “I’m an upper-middle-class person and I cannot afford an EV.” He is skeptical about whether shutting the world’s dominant producer of EVs and related components out of the US market will reduce the price of the cars and encourage uptake. “The tariffs are buying time,” he says. “But towards no particular end.”Millions of Americans opting to continue buying combustion-engine cars over electric vehicles, despite President Joe Biden’s ambitious target of having EVs make up half of all new cars sold in the US by 2030. Last year, the proportion was 9.5 per cent.
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