Category : Search result: California financial crisis


FCA: UK Finance's Old Tech Poses 'Significant' Risk

The UK's Financial Conduct Authority has raised a major red flag, revealing that a large portion of the nation's finance sector is dangerously reliant on outdated technology, posing a severe threat to operational resilience and consumer protection.

Trump Demands California Repay National Guard Funds

Former President Donald Trump has called on California to reimburse the federal government for deploying the National Guard to San Francisco and other cities to combat rampant retail crime and drug issues, criticising the state's liberal policies.

Wildfire Threatens California's Ancient Sequoia Trees

A rapidly expanding wildfire, fuelled by powerful winds, is menacing California's iconic Giant Sequoia groves. Firefighters are in a critical battle to protect these ancient natural wonders, some over 3,000 years old, from catastrophic damage.

Trump Deploys National Guard to Los Angeles

Former President Donald Trump orders a controversial deployment of the National Guard to Los Angeles, bypassing California's governor and igniting a fierce constitutional debate.

Why Britain Isn't Ready to Ditch Cash

As the UK races towards a cashless future, a growing movement of consumers, experts, and activists are pushing back. Discover the compelling financial, psychological, and societal reasons why cold, hard cash isn't ready for the history books just yet.

California National Park Rangers Form Historic Union

In a landmark move for US public lands, rangers and staff across California's iconic national parks have voted to unionise, demanding action on low wages, staff shortages, and soaring living costs.

Pound Crashes to Record Low After Truss's Mini-Budget

The UK faces a severe economic crisis as the pound sterling crashes to a historic low against the dollar following Chancellor Kwasi Kwarteng's mini-budget, triggering emergency warnings from the Bank of England and soaring mortgage costs for millions.

California's Battle Against 50lbs of Daily Goose Droppings

San Francisco's parks and public spaces are under siege by an unlikely foe: a massive population of Canada geese. The city is grappling with a severe pollution and public health problem caused by an estimated 50 pounds of daily goose droppings, prompting

Trump's Broken Water Promise to California Exposed

Exclusive: Former President Donald Trump's unfulfilled vow to solve California's water crisis with a massive infrastructure project has left Central Valley farmers and communities disillusioned, as the promised 'gigantic' task force and water plan never m

Schwarzenegger Slams Newsom's California Redistricting Plan

Hollywood legend and former Governor Arnold Schwarzenegger launches scathing attack on current California leader Gavin Newsom over controversial redistricting proposal, accusing him of partisan power grab that undermines electoral integrity.

Boomerang Generation: Young Aussies Flee Home Costs

Exclusive research reveals a generational crisis as soaring living costs and stagnant wages force young Australian professionals to abandon independence and return to the family home, reshaping the nation's economic landscape.

San Francisco residents sue city over Tenderloin drug crisis

Furious residents and business owners in San Francisco are taking legal action against the city, claiming officials have failed to address the dangerous drug epidemic and crime in the Tenderloin district, turning it into a humanitarian disaster.

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