Afternoon all, Max Goldbart here looking back on quite a week. Lots to digest so the Insider has you covered. Read on.
17.03.2022 - 20:07 / dailyrecord.co.uk
The risk of exposure to Russian investments for Falkirk Council's pension fund is "miniscule", members have been assured.
Falkirk Council's pensions committee were told on Thursday that the Fund does not have any direct investments in Russian companies.
In response to Russia's invasion of Ukraine, tough financial sanctions were put in place by the USA, the UK and the European Union.
Since then, the Fund has been given assurances by its investment managers that they are taking the necessary action to minimise the financial risk to the fund and to comply with the legal restrictions introduced by sanctions.
Chief finance officer Bryan Smail told members: "Committee and board can take comfort that there is not a significant exposure."
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"We have no direct holdings - there are tiny holdings in indices but these have either been written down as worthless or the companies concerned - because of the collapse of their value - drop out the index anyway."
"There was previously a small holding in Russian bonds by Baillie Gifford but anticipating the direction of travel and risk exposure these were sold in January."
Mr Smail added that they were keeping a close eye on the position with China and there is a recognition that would be very different in terms of investment exposure.
However, in his report, he also warned that the turmoil created by the invasion, particularly in the energy market, could lead to a global recession at a time when economies are already grappling with covid,
Afternoon all, Max Goldbart here looking back on quite a week. Lots to digest so the Insider has you covered. Read on.
Sunday night’s Oscar ceremony.Director Questlove, alongside producers Patel, Robert Fyvolent and David Dinerstein, scored the Oscar for Best Documentary Feature during the show. But their moment was outshined by Will Smith slapping the soul out of Rock, 57, just minutes before the former announced the doc as the winner. As the foursome walked up to accept their statuette, the comedian announced them as “four white guys.” Patel slammed Rock in a lengthy, now-deleted Twitter thread.
making a joke about Jada Pinkett-Smith's hair loss during the Oscars. Reports now suggest that Rock didn't know about Jada's alopecia.
LIVE – Updated at 13:21This year’s Oscars featured shocks, sighs and surprises – but all anyone will care about is a slap. The Academy Awards took place on Sunday night, with films including The Power of the Dog, West Side Story, Licorice Pizza and Coda battling it out in the big categories. The biggest story of the night had almost nothing to do with the awards: a shocking altercation between Will Smith and Chris Rock sparked by a joke about Smith’s wife Jada.
This is the moment Will Smith interrupted the Oscars and hit comedian Chris Rock. Will Smith hit Chris Rock in the face on stage after the comedian made a joke about his wife Jada Pinkett Smith’s haircut. Smith walked up on stage and appeared to hit Rock before returning to his seat and shouting: “Keep my wife’s name out of your f****** mouth.
Video: Will Smith punches Chris Rock at the Oscars (The Independent)China in 'significant jeopardy' if it aids Russian attack on Ukraine, says BidenUkrainian orphans arrive in the UK from PolandHarrowing drone footage shows extent of Tornado damage in LouisianaWatch live as Boris Johnson speaks after NATO leaders meetingPrince William expresses ‘profound sorrow’ at slavery during Jamaica visitPrince William sets up Raheem Sterling goal as pair enjoy kickabout in JamaicaPensioner says she's 'frightened to put the heating on' amid cost of living crisisWar in Ukraine: One month on from Russia's invasionVolodymyr Zelensky urges millions to protest as he calls for worldwide Ukraine supportGay couple adopts dog abandoned for ‘being gay’Harry Styles announces new album 'Harry's House'Trump dismisses climate change as 'a thing called weather'Warehouse worker panics as he realises he's live on BBC BreakfastPrince William and Kate Middleton scuba dive along world’s second-largest barrier reefAsh Barty: world number one announces shock retirement from tennisNasa video shows global temperatures rise over last 140 years Read more MasterChef fans call for show to 'stop using' phrase about Solihull's Pookie "If the involved party desires a police report at a later date, LAPD will be available to complete an investigative report. "About 45 minutes later, when accepting his first Oscar for best actor for his role in King Richard, Smith apologized to the Academy of Motion Picture Arts and Sciences and his fellow nominees in a tear-filled speech, but not to Rock.
Good Morning Britain viewers think they've spotted 'friction' between the show's hosts this morning as they brought all the latest on the fallout from the Oscars.
WATCH: Will Smith appears to punch Chris Rock at the OscarsDuring the 2022 Oscars, Will Smith walked up on stage and hit Chris Rock across the face before returning to his seat and yelling: "leave my wife's name out your f---ing mouth."In the American broadcast the language was muted just in time, based on footage shared by US publications such as Variety, but not here in Australia.The on-stage altercation came while Chris was presenting an award and made a joke at the expense of Will's wife Jada Pinkett Smith. Chris made a joke about Jada appearing in a GI Jane sequel.The joke in question referred to the 1997 Demi Moore movie GI Jane, where the actress shaved her head.
Will Smith appeared to punch Chris Rock in the face on stage during the Oscars after the comedian made a joke about his wife Jada Pinkett Smith’s hair. Referring to Pinkett Smith’s buzzcut, Rock said: “Jada, can’t wait for GI Jane 2.”
Video: Bryan Adams shuts down interview question about 'Summer of 69' (The Independent)Russia will target other European countries, warns ZelenskyStars pay tribute to PrinceAnnie-Marie falls down steps during Brit Awards performanceStormzy performs Shut Up at GlastonburyPink Floyd unveil plaqueElon Musk and Grimes secretly welcome another babyBlind piano prodigy joins Billy Joel onstageEurovision: Netta performs ToyONE DIRECTION WORLD PREMIEREEd Sheeran in court over copyright claims on song Shape Of YouSam Smith performs for virtual Big WeekendCrowd of Ukrainian civilians confront Russian soldiersShawn Mendes reacts to 2015 clip of him denying dating Camila CabelloTom Parker breaks down as he talks about his brain tumourLizzo calls out people who use her name to refer to someone's sizeRandy Newman's new song offers advice about social distancingThe joke missed, badly. Smith walked onto the stage from his front-row seat and took a swing at Rock with an open palm, generating a loud smack.
West Ham midfielder Declan Rice reportedly has a preference to join Chelsea over Manchester United, according to reports.
Ed Meza @edmezavarWith its focus on Costa Rica, the Málaga Festival Industry Zone (MAFIZ) is showcasing the central American country’s bourgeoning film sector and talent with presentations of feature films, works in progress, projects in development and the country’s scenic locations and support opportunties.Costa Rican filmmakers and their projects are participating in MAFIZ’s various sections, including the Malaga Festival Fund & Co-Production Event (MAFF); Málaga Work in Progress; Málaga Talent and Hack Málaga.Nicole Chi’s documentary “Guián” and Daniel Ross Mix’s “El Zoológico de la Milla 70” (“70 Mile Zoo”) are the two Costa Rican projects taking part in the Work in Progress section. In “Guián,” Chi chronicles her own personal journey of discovery as she travels to China following the death of her grandmother Guián.