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EU inaugurates first mainland satellite launch port
2 minute read Friday, Jan. 13, 2023KIRUNA, Sweden (AP) — The European Union wants to bolster its capacity to launch small satellites into space with a new launchpad in Arctic Sweden.
European officials and Swedish King Carl XVI Gustaf inaugurated the EU's first mainland orbital launch complex on Friday during a visit to Sweden by members of the European Commission, which is the 27-nation bloc's executive arm.
The new facility at Esrange Space Center near the city of Kiruna should complement the EU’s current launching capabilities in French Guiana.
European Commission President Ursula von der Leyen said small satellites are crucial to tracking natural disasters in real time and, in the light of Russia's war in Ukraine, to help guarantee global security.
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Home prices in Q4 down year-over-year, first decline since end of 2008: report
1 minute read Friday, Jan. 13, 2023TORONTO - A report by Royal LePage says the median price of a home in Canada in the fourth quarter of 2022 posted the first year-over-year decline since the end of 2008 during the financial crisis.
In its house price survey, the real estate company says the median aggregate price of a home was $757,100 in the final quarter of last year, down 2.8 per cent compared with the end of 2021.
Royal LePage says the aggregate price was down 2.3 per cent on a quarter-over-quarter basis to mark the third consecutive quarterly decline.
Home prices fell in 2022 as mortgage rates pushed higher, driven by the Bank of Canada's interest rate hikes to fight inflation.
Big Sky Run Co. rooted in social aspect of running
5 minute read Preview Friday, Jan. 13, 2023Corus Entertainment reports Q1 profit and revenue down from year ago
1 minute read Friday, Jan. 13, 2023TORONTO - Corus Entertainment Inc. reported its first-quarter profit fell compared with a year ago as its revenue also moved lower.
The television and radio company says it earned $31.4 million in net income attributable to shareholders or 16 cents per diluted share for the three months ended Nov. 30.
The result compared with a profit of $76.2 million or 36 cents per diluted share in the same quarter a year earlier.
Revenue totalled $431.2 million, down from $463.9 million a year earlier.
Poland lawmakers back law intended to release EU funds
3 minute read Friday, Jan. 13, 2023WARSAW, Poland (AP) — Poland’s legislators voted Friday to approve a new law on judicial accountability that the government hopes will meet European Union expectations and help unfreeze billions of euros in pandemic recovery funds for the country.
Brussels suspended the aid for Poland, saying the government's policies of exerting control over the judiciary are in violation of democratic principles. The EU has called for essential changes to be made before Poland can be granted access to the money.
The right-wing coalition government says that the provisions of the new law have been agreed on with Brussels and should lead to the release of more than 35 billion euros ($37 billion) of EU grants and loans. Some previous changes made by Poland didn't go far enough for the EU.
But the justice minister, who introduced the measures to wield political control over the judiciary, opposes the changes, threatening the government's future, and President Andrzej Duda says he hasn't been consulted on the new law.
Germany to scrap mask mandate in long-distance transport
2 minute read Preview Friday, Jan. 13, 2023New US owner of Bournemouth invests in French club Lorient
1 minute read Friday, Jan. 13, 2023BOURNEMOUTH, England (AP) — The new American owner of Premier League team Bournemouth has acquired a minority share in French club Lorient as part of what he is calling a “multi-club ownership strategy.”
The Black Knight Football and Entertainment consortium fronted by Bill Foley, which owns the Vegas Golden Knights in the NHL and bought Bournemouth in December, said Friday the deal with Lorient “provides the opportunity to invest additional capital after this season.”
Lorient is in sixth place in the French league and bidding to qualify for European competition next season.
“Loïc Fery has successfully built a best-in-class football club,” Foley said of Lorient’s president, “and will be a great partner as we build BKFE into a leading multi-club football operator.”
Sunak pledges to work constructively with Scotland’s leader
2 minute read Preview Friday, Jan. 13, 2023German economy seen stagnating in Q4, grew 1.9% in 2022
3 minute read Preview Friday, Jan. 13, 2023Liberal minister says Canada needs more immigration as targets get mixed reviews
5 minute read Preview Friday, Jan. 13, 2023UK economy grows unexpectedly by 0.1% amid strong services
2 minute read Friday, Jan. 13, 2023LONDON (AP) — The U.K. economy grew unexpectedly in November as the tight job market increased demand for employment services and soccer's World Cup boosted hospitality.
Gross domestic product, the broadest measure of economic activity, increased 0.1% from the previous month, the Office for National Statistics said Friday. That beat the expectations of economists, who had forecast a 0.2% contraction.
Despite the better-than-expected figures, the ONS says monthly GDP estimates should be treated with caution because they are more volatile than quarterly data.
Economists are waiting for the release of fourth-quarter GDP data next month, which will show whether the British economy shrank from a second consecutive quarter in the three months through December. Two quarters of negative growth is one definition of a recession.
We all pay for grocery theft with raised prices
4 minute read Friday, Jan. 13, 2023GROCERY theft has always been a major problem, but with food inflation as it is, shopkeepers now fear the wrongdoers more than before.
Incremental approach could help with hoarding
4 minute read Friday, Jan. 13, 2023DEAR MISS LONELYHEARTS: My mother has always been a pack rat, and it’s getting much worse! I’ve seen TV shows on hoarding, and I know her habit has gotten way out of control. Our great big old house is cluttered with piles of old newspapers, broken appliances, books, and old “antique” furniture, crowded into every room. Plus. she has piles of other junk she’s collected that’s “too valuable to throw out.”
Letters, Jan. 13
7 minute read Preview Friday, Jan. 13, 2023Today’s horoscope
4 minute read Preview Friday, Jan. 13, 2023Trump Organization to be sentenced for tax fraud, faces fine
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