Lloyds Banking Group is paying its first dividend in more than six years after reporting a rise in profit and improvements in its capital strength, a milestone in the bank’s recovery after it was bailed out during the financial crisis.
The bank, which was rescued at a cost of 20 billion pounds ($30.9 billion) to British taxpayers, said it would pay a dividend of 0.75 pence for the 2014 financial year.
Chief Executive Antonio Horta-Osorio said Lloyds, which offered some of the highest dividends in Britain before the crisis of 2007-2009, intended to pay out at least half of its sustainable earnings in the medium term.
The German parliament has voted to extend financial aid to Greece by another four months.
The extension - approved by creditors last week in exchange for a series of Greek government reforms - needs to be ratified by eurozone members.
Some MPs had expressed doubts about the deal and there is substantial public scepticism but the vote passed easily.
It comes after police and protesters clashed during anti-government demonstrations in Athens on Thursday.
A knife-wielding mob has hacked to death a US-Bangladeshi blogger whose writing on religion had brought threats from Islamist hardliners.
Avijit Roy, an atheist who advocated secularism, was attacked in Dhaka as he walked back from a book fair with his wife, who was hurt in attack.
No-one has been arrested but police say they are investigating a local Islamist group that praised the killing.
Hundreds of students gathered in Dhaka to mourn the blogger’s death.
Alec MacGillis, Slate: Scott Walker Compares Unions to ISIS.
Scott Walker can’t see Russia from his house, so how does he show he’s prepared to be the leader of the free world?
Walker sought to address this gap Thursday evening at the annual Conservative Political Action Conference when he was asked a question on stage about how he would take on the threat of Islamic State jihadists. Walker claimed he was prepared to confront this threat because of his experience confronting thousands of protesters who gathered in Madison in 2011 to decry his push to undo collective bargaining for public employees in the state. “We need a leader with that kind of confidence. If I can take on 100,000 protesters, I can do the same across the world,”
There is the GOP mindset in a nutshell: American workers are basically terrorists who need to be broken to make the world safe for corporations, who are the only people that matter to Republicans.
Will a moderate republican with a widely scorned surname have a ghost of a chance? Stay tuned.
“You give him credit for facing his critics and getting out of the bubble of fundraisers and policy speeches,” said Kellyanne Conway, who is managing CPAC’s straw poll. “I don’t think he’s necessarily entering hostile territory, but it’s a less natural habitat for him.”
Carefully watching will be handicappers in the Republican donor and consultant communities who will measure just how far Bush goes to ingratiate himself with conservatives, and whether he is still willing, as he said months ago, to “lose the primary to win the general.”
“A lot of the more centrist speakers are going to face some pretty tough questions,” said Brett O’Donnell, one of the GOP’s top debate coaches. “But folks who consider themselves introverts usually are more comfortable and perform better when they’re carrying on a conversation with the crowd.”
Robert Plant and the Space Shifters perform Turn it Up live at the Roundhouse in London for the 2014 iTunes Festival
Yes because Christians “never” support gay rights, or support the right to an abortion. Also I’m not sure what ISIS’s stance on abortion is, exactly, but they’re hardly in favor of gay rights.
I wonder what the “best friend” of the LGBT community, Pamela Geller thinks of this. Jackson has basically just come out and said that Obama’s support for gay rights, means that he must be a Muslim Jihadist out to destroy America.
Oh and of course Taqiyya is “Lying for Islam,” even through it is actually not “lying for Islam” at all. Its basically lying to protect yourself from persecution.
There are moderate Muslims, ( for lack of a better word ), who oppose the extremists, just as there are moderate Christians who oppose the religious right’s anti secularism, anti gay, anti Muslim, anti American agenda. Let’s just ignore Muslims who condemn ISIS, and support freedom of speech and freedom of religion.
What’s more Jackson is so homophobic, anti choice, and so closed minded, that she fails to see how anyone could share her faith and disagree with her on those things. She also thinks Obama can’t be a Christian because he disagrees with her politically, and must therefor be an ally of ISIS. Fanatical Muslims belonging to groups like ISIS the Taliban, Al Qaeda, and the government of Saudi Arabia, probably wouldn’t even consider Obama a “true Muslim” anyway, even if he was one, since he openly supports things like gay rights, not mention women’s rights, and freedom of religion. The American religious right, that she supports has far more in common with Islamic extremists than Obama. Way to show the world, how “educated,” “logical,” and “enlightened” you are, Ms Jackson.
The modern day wizards of weather know exactly why the climate conspired to unleash February rain and floods on Alaska, once mocked across the nation as “Seward’s Icebox” only to be newly proclaimed by the New York Times as the climate-friendy “place to be” in the 21st century.
“The Arctic has warmed at approximately twice the rate of the Northern mid-latitudes since the 1990s owing to a variety of positive feedbacks that amplify greenhouse-gas-induced global warming,”Blame an aberrant jet stream that has taken to swirling south from Asia into the Pacific Ocean tropics, where it grabs a load of warm, moist air and then heads north to deliver it to Alaska, with predictable results.
On Tuesday, the high temperature in Anchorage, the state’s largest city, hit 40 degrees — 11 degrees above the norm. The low was 30 — 15 degrees above the norm.
The Anchorage Fur Rendezvous World Championship Sled Dog Race, a big deal in the 49th state, has been canceled for lack of snow. So, too, the Tour of Anchorage cross-country ski marathon. The 2,000-mile Iron Dog snowmachine race was roaring north to Nome through flooded forests and dirt-covered lowlands where the speeding sleds kicked up roostertails of dust.
Well, I dunno about “nobody,” but these topics do need to be discussed more. A helluvalot more. Its not just ourselves we hurt with our failure to reign in our plutocrats.
Imagine a future in which automated drones have mini hangars atop telephone poles and fly the lines …
I am a droneman for the county and I fly the main road
Searchin’ in the sun for another overload
I hear you singin’ in the wire, I can hear you through the whine
And the Wichita droneman is still on the line
New rules proposed by the Obama Administration could open unmanned flight to a variety of commercial uses, ultimately embracing a future where the small aircrafts help maintain power distribution lines, tend to crops or deliver packages.
But the potential to use drones - technically, “unmanned aircraft systems” (UAS) - has been a subject of interest in the utility industry for years. It’s a natural fit when utilities spend millions of dollars inspecting power lines which are elevated and often run in hard-to-reach places.
“Every time we fly [in a helicopter], it’s about $1,200 to fly a mile,” said Jamie Exon. The utility inspects more than 26,000 miles of transmission and distribution lines, but can purchase a drone for less than $20,000.