All posts tagged: Fortunes

Analysis-Hormuz Closure Divides the Fortunes of Middle Eastern Oil States

Analysis-Hormuz Closure Divides the Fortunes of Middle Eastern Oil States

By Ahmad Ghaddar and Yousef Saba LONDON, April 6 (Reuters) – The Strait of Hormuz’s closure and the resulting surge in global oil prices have handed ⁠financial ⁠windfalls to Iran, Oman and Saudi Arabia, while other states that lack alternative ⁠shipment routes have lost billions of dollars, a Reuters analysis found. Iran effectively shut the Strait – a route for about a fifth of global oil and LNG flows – after U.S. and Israeli ​airstrikes on Iran at the end of February led to a widening conflict. It later said it would allow transits by vessels that had no U.S. or Israeli links. As a result, some tankers have managed to cross the narrow waterway, but energy markets have still experienced unprecedented disruption. International ‌Brent crude rose by 60% in March, a record monthly increase. U.S. President ‌Donald Trump has threatened to rain “hell” on Tehran unless it makes a deal by the end of Tuesday that would allow traffic to start moving through the Strait of Hormuz. GEOGRAPHY DETERMINES OIL FORTUNES While much of …

‘Don’t pop champagne’ warning as trusts’ fortunes improve

‘Don’t pop champagne’ warning as trusts’ fortunes improve

A two-year run of cash-strapped academy trusts eating into their reserves has come to an end, with the largest MATs recording gains of over £1 million.   But the Kreston group, a network of accountancy firms, has warned leaders not to “pop the champagne”, as most trusts expect to dip into their saving by as much as 43 per cent by 2028. It comes after a Schools Week investigation last month revealed more trusts bolstered their reserves last year – with one registering a 900 per cent boost.    Here’s what you need from Kreston’s academies benchmark report for 2026 know… 1. Reserves boost Only 37 per cent of trusts returned an in-year deficits in 2024-25, down from 60 per cent 12 months earlier. The biggest MATs recorded in-year surpluses of £1.1 million on average. The figure stood at £28,000 the year before. This comes after Kreston had seen “an ever-greater proportion” of academy chains dipping into reserves in 2023 and 2024. The study – which involved 250 trusts running almost 2,500 schools – attributed …

Wheel of Fortune’s Vanna White reveals marriage to John Donaldson after 14 years together

Wheel of Fortune’s Vanna White reveals marriage to John Donaldson after 14 years together

Stay ahead of the curve with our weekly guide to the latest trends, fashion, relationships and more Stay ahead of the curve with our weekly guide to the latest trends, fashion, relationships and more Stay ahead of the curve with our weekly guide to the latest trends, fashion, relationships and more Vanna White is officially off the market after marrying her boyfriend of 14 years. The Wheel of Fortune co-host took to Instagram Wednesday as she shared photos of herself alongside her now-husband, John Donaldson, carrying her as she wore a white dress. “Surprise! We got married!” she captioned the post. “John and I have been in love for more than a decade and a little while back, we wanted to make it official in a private ceremony. We’re excited to share this new joyful chapter in our lives with all of you! Love, Vanna and John” The post also included older photos of White and Donaldson from their decades-long relationship. Many people commented on the post, expressing their congratulations to the pair, including Maggie …