3.8 C
New York
Home Blog

Stocks fall for a second day with the Dow down more than 100 points

0


The Dow Jones Industrial Average fell Tuesday as traders struggled to recover from sharp losses suffered in the previous session and looked ahead to more economic data.

The 30-stock index lost 163 points, or 0.5%. The Nasdaq Composite was down 0.8%, while the S&P 500 shed 0.6%.

The major averages suffered steep losses Monday, with the Dow dropping nearly 500 points. The S&P 500 and Nasdaq each lost more than 1%, after protests in mainland China against the country’s zero-Covid policy started over the weekend. This led to worries over the potential for Chinese Covid protocols could once again hamper global supply chains.

Overnight, however, global markets seem to catch a reprieve as a Chinese official told reporters that 65.8% of people “over age 80” had received booster shots. On top of that, the government reported the first decline in Covid infections within mainland China in more than a week. This contributed to a rally in the Hong Kong and Shanghai markets.

“It just adds another question mark in a time where there are plenty of question marks that we have about where we’re going as far as the global economy,” said Keith Buchanan, portfolio manager at Globalt Investments, on the developments in China.

“The market just had to react to what’s come its way, and it’s been hard to anticipate next development,” he added. “There’s nothing less predictable than a pathogen.”

Within the U.S., investors will watch for data coming later this week on topics such as gross domestic product and jobs for insight into how the economy is responding to inflation.

Fed Chair Jerome Powell is scheduled to speak at the Hutchins Center on Fiscal and Monetary Policy at Brookings on Wednesday. Investors will be listening for clues into if the central bank will slow or stop interest rate hikes.



Source link

Advertisement

England witnesses rapid surge in Muslim population

0


Muslims offer Namaz at Manchester Central Mosque in northwest England — AFP/File
  • Muslim population in England and Wales grew rapidly during past 10 years.
  • Muslims stand at 3.9 million or 6.5% of the population, up from 4.9% before.
  • Some 27.5 million people in England and Wales described themselves as Christian, down 13.1% points from 2011.

LONDON: The Muslim population in England and Wales grew rapidly during the past 10 years, showed the census data released by Office for National Statistics (ONS) Tuesday.

According to the 10-yearly census carried out in 2021, no religion rose by 12 points to 37.2% or 22.2 million, while Muslims stood at 3.9 million or 6.5% of the population, up from 4.9% before.

As per the census, “no religion” was the second-most-common response after Christianity as for the first time, less than half of the population in England and Wales identifies as Christian.

In an increasingly secular age, Archbishop of York Stephen Cottrell said it was no “great surprise” that the Christian proportion was declining over time.

But he said that facing a cost-of-living crisis and war in Europe, people still needed spiritual sustenance.

“We will be there for them, in many cases, providing food and warmth. And at Christmas millions of people will still come to our services,” said the archbishop.

“At the same time, we will be looking beyond our immediate surroundings, remembering we are part of a global faith, the largest movement on Earth and its greatest hope for a peaceful, sustainable future.”

The religion question was added to the UK census in 2001. It remains voluntary to answer, but fully 94% of respondents did, according to the ONS.

Some 27.5 million people or 46.2% in England and Wales described themselves as Christian, down 13.1% points from 2011.

The next most common responses were Hindu (one million) and Sikh 524,000), while Buddhists overtook Jewish people (273,000 to 271,000).

The ONS has been releasing key sections from last year’s census piecemeal, and the latest dealt with religion and ethnic identity.

Data for Scotland and Northern Ireland are released separately.

It found the number of people in England and Wales identifying their ethnic group as white had fallen by around 500,000 since 2011, from 86% to 81.7%.

The proportion identifying as white and from the British Isles stood at 74.4%, down six points from 2011.

The category of “other white” grew, in a decade when Britain saw continued immigration from eastern Europe both before and after its Brexit referendum in 2016.

But the ONS noted that respondents could also choose from more options than in 2011, encouraging them to list other identities.

The second most common ethnic group after white was “Asian, Asian British or Asian Welsh” at 9.3%, up from 7.5% a decade ago.

Within that group, most respondents identified their family heritage as Indian, followed by Pakistani, “other Asian”, Bangladeshi and Chinese.

The next largest ethnic group was the fast-growing African population, followed by Caribbean.

African evangelical churches have proliferated in London and elsewhere, providing some succour to the Christian share.



Source link

Advertisement

World Cup live updates: Netherlands, Senegal in position to advance from Group A

0


Senegal entered its final Group A game against Ecuador needing a win. After the opening whistle blew, the Lions of Teranga came out with the appropriate intensity.

Senegal pushed ahead early and often, threatening an Ecuadoran side whose conservatism aligned with its reality — that a draw would propel it to the round of 16.

Senegal saw promising opportunities in the third and eighth minutes miss wide. Ismaïla Sarr and Iliman Ndiaye were constant threats down the flanks and in the box, but neither could find the back of the net. But in the 42nd minute, Senegal’s aggression was rewarded when Sarr’s attack was interrupted by a barging Piero Hincapié in the penalty area. Hincapié was called for a foul and Senegal was awarded a penalty kick, which Sarr converted two minutes later.



Source link

Advertisement

Review | ‘The Corridors of Power’: A devastating look at genocide and inaction

0


Comment

(3 stars)

There’s a giant cognitive dissonance at the heart of the documentary “The Corridors of Power,” Dror Moreh’s devastating and disheartening examination of genocide since the fall of the Soviet Union and the calculus that goes into the United States’ decision to act — or not. On the one hand, you have the movie’s dry title, evoking the West Wing of the White House, the floor of the United Nations and other suit-filled rooms; the film’s use of such dispassionate chapter headings as “Priorities,” “Legacy” and “Credibility”; and, finally, Moreh’s overreliance on a who’s who of talking heads from the realms of politics, diplomacy, academia and the military: Hillary Clinton, Colin Powell, Henry Kissinger, Samantha Power, Chuck Hagel, Leon Panetta and many, many others.

On the other hand, there is the shaky, handheld footage of rotting corpses, executions in broad daylight and naked torture victims that the filmmaker of such shattering works as “The Gatekeepers” and “The Human Factor” has assembled from around the world to break up the monotony of his sit-down chats with power players past and present.

The disconnect is not accidental. Nor is it a flaw. Rather, it is the entire point of the film, which takes the United States’ reputation as the world’s policeman at face value. To be sure, there have been occasions when the conscience of the world is so stirred by outrage that coalitions form and nations come together to act in concert. But when someone somewhere in the world is “mugged,” to use the paltry euphemism of one of Moreh’s subjects, more often than not America is the “cop” you call for assistance.

How do we decide whether to respond? And in what fashion? And for how long? These are the questions Moreh is interested in. But the carefully parsed answers — which explain why Powers titled her Pulitzer-winning 2002 book on genocide “A Problem From Hell” — will make your heart sink. The “right” thing to do, whether in Bosnia, Rwanda, Haiti, Somalia, Iraq, Cambodia, Kosovo, Kuwait, Syria, Libya or any of the other places discussed in the film, often creates new problems, not to mention doesn’t even solve the original conundrum.

The central focus of the film is, to use a choice turn of phrase cited by Jake Sullivan, the current national security adviser, an endless “loop of imperfection” that characterizes the question of what to do in the face of affronts to humanity that were supposed to have ended with the Holocaust. (As the late Madeleine Albright puts it, the horrifying regularity of genocide is less like the vaunted new world order than a “new world disorder.”)

In other words, Sullivan suggests, we and our allies are damned if we do something and damned if we do nothing.

The discussions that take place on camera, in tastefully appointed suites, are frank and often offer fascinating insights into these dilemmas. But it is the sharply jarring — and dismayingly repetitive — footage of carnage that will stay with you long after the echoes of the film’s subjects’ words have faded from your mind. Ben Rhodes, Barack Obama’s deputy national security adviser, leaves viewers with a succinct rhetorical question, the answer to which is, by the end of the film, painfully obvious: “Where does this all end?”

Unrated. At Regal Gallery Place. Contains disturbing thematic material, images and discussion of violence, death, torture and rape. 135 minutes.



Source link

Advertisement

Key CFP questions: Who’s No. 1? Where do Ohio State and Alabama land?

0


This penultimate ranking could arguably be the most compelling, revealing regular-season College Football Playoff top 25.

Period.

If there is one upset in this weekend’s conference championship games — most realistically if TCU loses to Kansas State in the Big 12 championship or USC loses to Utah in the Pac-12 title game — it would open the door to controversy, allowing one-loss Ohio State and two-loss Alabama back into the conversation. The scenario in which both TCU and USC lose lends further credence to the possibility, which is why how far Ohio State falls is the biggest question for the committee. If the Buckeyes are at No. 5, they still have a chance to finish in the top four with some help. If the committee drops them below Alabama, their position becomes far more precarious.

Ohio State is already hanging by a thread after it was beaten soundly at home by a Michigan team playing without injured star running back, Blake Corum. Alabama, which has been an afterthought in the playoff race, on Tuesday could be ranked ahead of both teams it lost to — three-loss LSU and two-loss Tennessee.

Alabama and Ohio State’s résumés are complete. So who the committee deems better Tuesday night would seem to have an edge on Selection Day — if there’s an opening. A TCU loss wouldn’t rule the Frogs out, but they would be lumped in with Ohio State and Alabama as teams that didn’t win their conference. A USC loss would be harder for the committee to justify because the Trojans would have lost twice to Utah, creating doubt within the room that they are “unequivocally” one of the four best teams. A three-loss K-State isn’t getting in. A three-loss Utah isn’t getting in.

(Re)-enter Ohio State and Alabama.

According to ESPN’s strength of record metric, Ohio State’s résumé is significantly better than Alabama’s. The average top 25 team would have a 20% chance of going 11-1 or better against the Buckeyes’ schedule and a 29% chance of going 10-2 or better against the Crimson Tide’s schedule. The committee would also consider that the Buckeyes’ loss was to the No. 3-ranked team.

Big Ten commissioner Kevin Warren said his conference should “without a doubt” have two teams in the playoff. Alabama coach Nick Saban advocated for his team after its Iron Bowl win, saying, “We’ve lost two games to top-10 opponents, both on the last play of the game and both on the road. We could have easily won both games but didn’t.”

Which is why the Tide still needs help, as does with Ohio State. In addition to determining who’s in the bubble this week, the committee could also consider making a change at the top. Here are three other things to watch Tuesday night (7 ET on ESPN) when the group reveals its fifth of six rankings:

Who’s No. 1?

Both Michigan and Georgia could make a case for the top spot Tuesday night, and while the order could flip now or next week, it ultimately will be significant for seeding purposes. The No. 1 team faces the No. 4 team in one semifinal and the selection committee is careful to avoid putting the top team at a geographic disadvantage. Michigan owns the best win in the country, against the committee’s No. 2 team. The committee does not try to avoid rematches in the semifinals, so it’s possible Michigan could wind up at No. 1 on Selection Day and Ohio State could be No. 4.

The Wolverines outscored Ohio State 28-3 in the second half Saturday. They also have a top 25 win against No. 11 Penn State, and are No. 2 in the country in strength of record. Georgia, though, is close behind them at No. 5, with its best wins against Tennessee, Oregon and Mississippi State. The Bulldogs have looked sluggish recently in the first half, though, scoring just 10 points against Georgia Tech and 9 the previous week in a 16-6 win at Kentucky. The committee has said in recent weeks that Georgia separated itself from the rest of the country as its No. 1 team. Is that still the case?

Can USC jump TCU?

The easiest move for the committee would be to bump undefeated TCU up to No. 3 following Ohio State’s loss, but USC’s back-to-back wins against ranked opponents UCLA and Notre Dame could give them a bigger boost. Including the Trojans’ Sept. 24 win at Oregon State — the team that just eliminated rival Oregon from the Pac-12 title game — USC has three wins against teams currently ranked in the CFP top 25. No other school has more than two wins against current top 25 opponents.

Which Group of 5 team leads for a New Year’s Six bowl bid?

The highest ranked conference champion from a Group of 5 league is guaranteed a spot in a New Year’s Six bowl, and that likely will be decided at 4 p.m. ET on Saturday when No. 19 Tulane hosts No. 22 UCF in the American Athletic Conference championship game. According to ESPN Analytics, Tulane has a 59% chance of winning. No. 24 Cincinnati should fall out of the rankings this week following its 27-24 loss to Tulane on Friday. It’s also worth keeping an eye on 10-2 UTSA, which is currently unranked by the committee, but will face North Texas in the Conference USA title game Friday. According to ESPN Analytics, UTSA has a 74% chance of winning.


ESPN reporters’ top-four picks

Andrea Adelson: 1. Georgia 2. Michigan 3. TCU 4. USC
Blake Baumgartner: 1. Georgia 2. Michigan 3. TCU 4. USC
Bill Connelly: 1. Georgia 2. Michigan 3. TCU 4. USC
Heather Dinich: 1. Georgia 2. Michigan 3. TCU 4. USC
David Hale: 1. Michigan 2. Georgia 3. TCU 4. USC
Chris Low: 1. Georgia 2. Michigan 3. TCU 4. USC
Harry Lyles Jr.: 1. Georgia 2. Michigan 3. TCU 4. USC
Ryan McGee: 1. Georgia 2. Michigan 3. USC 4. TCU
Adam Rittenberg: 1. Georgia 2. Michigan 3. TCU 4. USC
Alex Scarborough: 1. Georgia 2 Michigan 3. TCU 4. USC
Mark Schlabach: 1. Georgia 2. Michigan 3. TCU 4. USC
Paolo Uggetti: 1. Georgia 2. Michigan 3. TCU 4. USC
Tom VanHaaren: 1. Georgia 2. Michigan 3. TCU 4. USC
Dave Wilson: 1. Georgia 2. Michigan 3. TCU 4. USC



Source link

Advertisement

Pakistan receives $500m from Asian Infrastructure Investment Bank – SUCH TV

0



Finance Minister Ishaq Dar announced on Tuesday that the Asian Infrastructure Investment Bank (AIIB) had transferred $500 million to the State Bank of Pakistan (SBP).

“AIIB has transferred today, as per their board’s approval, to State Bank of Pakistan/Government of Pakistan $500 million as programme financing,” the minister said on Twitter

Earlier this month, the finance minister had said Pakistan would receive the funds as co-financing for a development programme.

The Building Resilience with Active Countercyclical Expenditures Programme is an Asian Development Bank (ADB) financing programme to counter the social fallouts of economic crisis.

Last month, the ADB signed an agreement with Pakistan to provide a $1.5 billion loan for budgetary support and help flood-related rehabilitation and reconstruction activities.

The loan, provided under the BRACE Programme, was provided to fund the government’s $2.3bn countercyclical development expenditure programme designed to cushion the impacts of external shocks, including the Russian invasion of Ukraine.

The $1.5bn loan was aimed to provide social protection, promote food security, and support employment for people amid devastating floods and global supply chain disruptions.

The State Bank later announced that it had received $1.5bn from the ADB “as disbursement of policy-based loan for the government of Pakistan”.

Early bond repayment

Today’s inflow from AIIB comes amid growing uncertainty about Pakistan’s ability to meet external financing obligations with the country in the midst of an economic crisis and recovering from devastating floods that killed over 1,700 people.

Pakistan’s reserves with the central bank stood at $7.8bn as of November 18, barely enough to cover a month’s imports.

But on Friday, SBP Governor Jameel Ahmad said he expected external financing requirements would be met on time because of inflows from international lenders. He said the country will repay a $1 billion international bond on December 2, three days before its due date.

The bond repayment, which matures on Dec 5, totals $1.08bn, Ahmad told a briefing, according to two analysts who were present.

For this purpose, the governor said funding was lined up from multilateral and bilateral sources, one of which was the $500m from AIIB which Pakistan received today, to ensure the repayment would not affect foreign exchange reserves.



Source link

Advertisement

Oklahoma assistant DA arrested on child porn charges, fired from job

0


An assistant district attorney in Stillwater, Oklahoma, has been arrested after allegedly being caught possessing child pornography. 

Kevin Etherington, the 53-year-old first assistant district attorney of Logan and Payne Counties, was arrested this week on one count of aggravated possession of child pornography and one count of violation of the Oklahoma Computer Crimes Act, according to KOKH-TV.

The National Center for Missing and Exploited Children forwarded a tip to the Oklahoma State Bureau of Investigation in September that resulted in a search warrant being executed at Etherington’s home on Monday.

Etherington was then arrested and transported to the Payne County Jail.

TULSA SCHOOLS PAUSE BIOLOGY CLASSES, TEACH SEX ED INSTEAD

Kevin Etherington, 53, has been charged with aggravated possession of child pornography.
(Oklahoma State Bureau of Investigation)

“I cannot express how dismayed and disappointed I am about this development,” District Attorney Laura Austin Thomas said about the case, according to The Oklahoman.

“I personally find the manufacture, distribution and possession of child pornography to be both disgusting and incredibly damaging to individual victims and society,” Thomas added. 

OKLAHOMA HEARSE DRIVER CHARGED WITH FIRST-DEGREE MURDER RELATED TO ROAD RAGE SHOOTING

Payne County Court Office in Stillwater, Oklahoma

Payne County Court Office in Stillwater, Oklahoma
(Google Maps)

Thomas said Etherington has been terminated from his position.

“While the accused stands innocent of the alleged crime until proven guilty, my review of the investigation has resulted in this person’s dismissal from employment by my office,” Thomas said.

CLICK HERE TO GET THE FOX NEWS APP

Oklahoma State Bureau of Investigation building

Oklahoma State Bureau of Investigation building
(Google Maps)

In a press release, the Oklahoma State Bureau of Investigation said the Payne and Logan Counties district attorney has fully cooperated with the police investigation.



Source link

Advertisement

FIFA tech confirms Ronaldo did not score header

0


Technology in the match ball used at the World Cup proved conclusively that Cristiano Ronaldo did not make any contact with the ball for Portugal‘s opener in their 2-0 win over Uruguay on Monday, FIFA and ball manufacturers Adidas have confirmed to ESPN.

Portugal opened the scoring in the 54th minute, but the identity of the goal scorer was shrouded in doubt, with both Bruno Fernandes and coach Fernando Santos unable to clarify postmatch whether or not Ronaldo provided the decisive final touch.

Stream on ESPN+: LaLiga, Bundesliga, more (U.S.)

ESPN has been told the technology inside the ball proves Ronaldo’s head did not make contact with it on the opener, meaning the goal is awarded to Fernandes.

“In the match between Portugal and Uruguay, using the Connected Ball Technology housed in adidas’s Al Rihla Official Match Ball, we are able to definitively show no contact on the ball from Cristiano Ronaldo for the opening goal in the game,” read a statement provided to ESPN from FIFA on behalf of Adidas.

“No external force on the ball could be measured as shown by the lack of ‘heartbeat’ in our measurements. The 500Hz IMU sensor inside the ball allows us to be highly accurate in our analysis.”

The match ball includes technology which can provide real-time data to match officials. It also captures every touch made by players with sensors, with the original press release back in July stating the technology “will help inform offside situations as well as assist in detecting unclear touches thereby ultimately improving the quality and speed of VAR decision-making process.”

Fernandes’ 54th-minute cross initially looked to have been directed into the net with a glancing touch by Ronaldo’s head, but television replays suggested that the 37-year-old did not make contact with the ball.

Fernandes was announced as the goal scorer on the big screen in the stadium, despite Ronaldo celebrating as though the goal was his, which would have taken him to nine World Cup goals for Portugal and level with legendary former striker Eusebio.

Why Portugal’s VAR handball penalty was the wrong decision

But speaking after being announced as Player of the Match, Fernandes admitted even he didn’t know whose goal it was.

“I celebrated [the goal] as if it had been Cristiano’s goal,” Fernandes said in his postmatch interview. “It seemed to me that he had touched the ball. My aim was to cross the ball for him.

“We are happy with the victory regardless of who scored. The most important thing is that we achieved our aim, which is to be in the next round.”

But it is now definitively awarded to Fernandes, and Ronaldo’s wait for his ninth World Cup goal stretches to their final group match against South Korea.



Source link

Advertisement

Dominic West wears King Charles’ military uniform for first time during ‘The Crown’ shoot

0


Dominic West wears King Charles’ military uniform for first time during ‘The Crown’ shoot

Dominic West was spotted in good spirits as he began shooting the sixth and final season of The Crown in London.

West, who played Prince Charles in season five of the hit Netflix royal drama series, surprised the onlookers on the sets of sixth installment as he dressed up in full military uniform.

The Wire actor, 53, looked the double of the now-King Charles III complete with an Order of the Garter Sash and Aiguillettes.

Dominic West wears King Charles’ military uniform for first time during ‘The Crown’ shoot

As Prince, the new British monarch served in the Royal Air Force (RAF) and the Royal Navy, providing him with several awards and medals worn on his left hand side.

West donned the military uniform – adorned with lavish gold detailing on the cuffs, golden hardware and crisp tailoring of the outfit west perfect for him.

He was all smiles as he was clicked arriving on set in central London. The Affair star held a sheet of paper as he followed a crew member through the streets and through gates.

West has been starring in the Netflix series to play Charles during the 1990s onwards, when his marriage to Princess Diana broke down and his relationship with Queen Camilla became public.

The Crown season five released earlier this month on the streaming platform.



Source link

Advertisement

Fans call on Nicole Kidman over silence on Balenciaga controversy – latest

0



Balenciaga under fire over ‘creepy’ ads of kids with ‘bondage outfits’

Balenciaga has issued a statement “strongly condemning” child abuse while addressing the fallout over its controversial ad campaigns involving children.

On Monday, the fashion house shared a new statement on Instagram in which it said it “would like to address the controversies surrounding our recent ad campaigns”.

Balenciaga has faced widespread backlash over two recent ad campaigns involving children. One of the ads, the designer’s gift collection campaign, featured children posing with the brand’s teddy bear purses, which critics pointed out appear to be wearing BDSM and bondage-inspired accessories.

The second ad under scrutiny is Balenciaga’s Spring 2023 campaign, for its use of a printout of a Supreme Court decision on child pornography.

In the post, the designer brand wrote: “We strongly condemn child abuse; it was never our intent to include it in our narrative.

“The two separate ad campaigns in question reflect a series of grievous errors for which Balenciaga takes responsibility.”

Stay tuned for the latest updates.

1669733318

However, according to Balenciaga, the printout of a Supreme Court ruling on child pornography was included in the second campaign in question by “third parties that confirmed in writing that these props were fake office documents”.

“They turned out to be real legal papers most likely coming from the filming of a television drama,” Balenciaga alleged. “The inclusion of these unapproved documents was the result of reckless negligence for which Balenciaa has filed a complaint.”

You can read more about the lawsuit Balenciaga has filed against the production company below.

Chelsea Ritschel29 November 2022 14:48

1669733046

According to the brand, the issues with the first campaign are the fault of Balenciaga, which noted that its plush bear bags “should not have been featured with children”.

“This was a wrong choice by Balenciaga, combined with our failure in assessing and validating images. The responsibility for this lies with Balenciaga alone,” the luxury fashion brand wrote.

Chelsea Ritschel29 November 2022 14:44

1669732929

The continued backlash directed at the brand comes after Balenciaga issued a second statement regarding the controverisal campaigns on Monday 28 November.

In the social media statement, Balenciaga said the campaigns “reflect a series of grievous errors for which Balenciaga takes responsibility”.

Chelsea Ritschel29 November 2022 14:42

1669732470

OPINION: Balenciaga got exactly what it wanted

Balenciaga may have apologised, but Victoria Richards thinks the fact that we are all talking about the brand is exactly what it wanted.

She writes: “If the old adage of “there’s no such thing as bad publicity” is a truism, then never was it truer than right now.” Read her piece below:

Kate Ng29 November 2022 14:34

1669728600

Julia Fox stands up for women bearing brunt of backlash

On 28 November, the Uncut Gems actor shared her thoughts on the Balenciaga scandal in a TikTok video after fans asked her to weigh in on the photoshoot.

Meredith Clark reports on what she said.

Oliver O’Connell29 November 2022 13:30

1669726800

Fans call out Nicole Kidman over silence on controversy

Fans of Nicole Kidman are calling on the actor to release a statement regarding her relationship with Balenciaga amid backlash over the brand’s recent ad campaigns featuring children.

Chelsea Ritschel reports.

Oliver O’Connell29 November 2022 13:00

1669722300

Voices: Kim Kardashian has finally said something we can all agree with

Victoria Richards writes:

It’s not often that I find myself naturally aligned with Kim Kardashian. I mean: we are the same age, and… that’s it. One other similarity: we both have kids. Oh, and neither of us think that children should be used to promote fetish wear.

Peony Hirwani29 November 2022 11:45

1669720813

Author Gianno Caldwell condemns Balenciaga

“This year, more than any year in recent history, we have to protect our children,” author Gianno Caldwell wrote on Twitter.

“What they learn in schools, what they see on TV and social media must be carefully monitored. The Balenciaga scandal is one of many examples of children’s innocence under attack.”

Peony Hirwani29 November 2022 11:20

1669719635

People are calling on banks to drop Balenciaga as client

Many people are calling on banks to drop Balenciaga as their client.

Senate Candidate for Virginia’s 12th District, Tina Ramirez, wrote on Twitter: “Banks have dropped @KanyeWest and @DonaldJTrumpJr. They haven’t dropped Balenciaga yet.

“Woke corporations care more about censoring free speech than stopping child predators.”

Another person added: “Ye criticised the Jewish folks that run entertainment, so banks de-banked him and companies dropped billion-dollar deals with him. Have any banks dropped Balenciaga?”

Peony Hirwani29 November 2022 11:00

1669718400

Do the problems go back further?

Balenciaga is by no means the first fashion brand to find itself mired in controversy over a tasteless ad campaign, but journalist Lorraine King believes this is not their first offence.

She tweeted: “I wish they had been cancelled when they started trolling working class people. I’m glad they finally are now. Terrible company.”

The accompanying tweet included images of Balenciaga products based on shopping bags and safety gear.

Other examples from the luxury fashion house include a handbag modelled on a bag of potato chips:

And the “most expensive trash bag in the world”.

Oliver O’Connell29 November 2022 10:40



Source link

Advertisement