New York has once again taken the top spot in the list of the world’s largest financial centers, according to a survey by Z/Yen Group Ltd. financial advisory company, which calculates the Global Financial Centers Index (GFCI).
New York has been in the lead since the fall of 2018. Compared to the previous version of the ranking, published in September last year, New York’s score increased to 764 from 763, and London’s, which ranks second, to 747 from 744.
The top three leaders are still Singapore with 742 points, followed by Hong Kong in fourth place and San Francisco in fifth. Shanghai moved up to sixth place, Geneva to seventh, while Los Angeles slipped two positions to eighth. Chicago retained its ninth place, while Seoul moved up to tenth, displacing Washington.
The most significant rise in the ranking was demonstrated by São Paulo (up 21 places) and Wellington (up 15), while Miami (down 14 places) and Helsinki (down 12 places) showed the sharpest drops.
Among the financial centers of Eastern Europe and Central Asia, Astana is in the lead (66th place).
The World Financial Centers Index was first published in 2007 and is updated every six months (the current edition is the 35th). The latest ranking was based on a survey of nearly 8.5 thousand respondents.
The !Fest holding is preparing to open a new bar called Drunken Cherry in London, England.
The holding has created a profile of the new bar on Intagram, where it has posted two posts: an advertisement against the backdrop of the Tower Bridge, as well as the terms of the competition to attend the opening of the bar.
According to specialized media, the staff and team of the London bar will consist mainly of Ukrainians who speak English well and “have in-depth knowledge of cherries.”
The UK will be the tenth country to open P’yana Vyshnia establishments, and London will be the fortieth city to launch the chain. P’yana Vyshnia also operates in Poland, Romania, Slovakia, Hungary, Moldova and the Baltic States.
Emotions Holding !Fest was founded in 2007. It develops a network of creative restaurants, cafes and shops in Ukraine. It is owned by Andriy Khudo, Yuriy Nazaruk and Dmitry Gerasimov.
A conference titled “Rebuilding Ukraine: Research-Based Renewal” will be held in London on May 15-16, co-organized by the Presidential Foundation for Education, Science and Sports Support, according to the official portal of the Ukrainian president.
“The Presidential Foundation for the Support of Education, Science and Sport together with the Royal Society of London and the University Political Engagement Network (UPEN) will organize the conference “Rebuilding Ukraine: a renewal based on research,” the press service said in a statement on Wednesday.
The event will reportedly be held May 15-16 in London. The conference is aimed at supporting Ukrainian scientists, strengthening and developing long-term cooperation between government and academic institutions of Ukraine and Great Britain.
“For the first time in the history of Ukraine’s independence, the Royal Society of London will support Ukrainian scientists in conducting research that will form the basis of policy development as part of programs to rebuild our country,” the president’s press service notes.
The conference will be attended by a number of scientists from Ukrainian and British universities and relevant deputy ministers who will present priorities for research that will form the basis for making decisions related to the economic challenges and needs of Ukraine during and after the war in terms of health and well-being, planning “green” recovery and human development.
The academic community of Ukraine will be represented at the conference by representatives of the Odessa National Medical University, Bogomolets National Medical University, Ukrainian Catholic University, Kiev National University of Civil Engineering and Architecture, Kiev National Shevchenko University, and American University Kiev.
“Since the level of complexity of the challenges and conditions in which Ukraine is now developing exceeds all typical tasks, we really need better minds and a culture of interaction. In the future, a pool of talent and an “economy of trust” will play a special role in Ukraine’s recovery. That is why from our side the conference will be headed by the Ministry of Education and Science and the Ministry of Economy”, – said Olga Budnik, advisor – commissioner of the President of Ukraine on the Foundation for Support of Education, Science and Sports, which is quoted by the press service.
The first day of the conference will be held in the form of panel discussions and debates, the second day – in the form of round tables with experts who will form the further plan of joint actions.
The event is sponsored by Universities UK International, Research England and the British Council with the support of the Academy of Medical Sciences, the British Academy and the Royal Academy of Engineering.
Ukrainian President Volodymyr Zelensky at the beginning of his visit to Great Britain noted his gratitude to the British people for the support provided to Ukraine.
“Great Britain was one of the first to come to the aid of Ukraine. And today I’m in London to personally thank the British people for their support and Prime Minister Rishi Sunak for his leadership,” Zelensky wrote on his Telegram Channel Wednesday.
Earlier, Zelensky landed at Stansted Airport on a Royal Air Force plane. He is scheduled to meet with Britain’s King Charles III, Prime Minister Rishi Sunak and the Ukrainian military.
The owner of the building that houses the headquarters of American Twitter Inc. in San Francisco has sued the company, accusing it of non-payment of rent.
The lawsuit, filed by SRI Nine Market Square LLC, says the site breached its lease agreement in December by failing to pay a monthly rent of about $3.4 million, prompting it to receive a notice of default on its contractual obligations on Dec. 5. The owner of the building received its due amount through a line of credit that Twitter used as a security deposit.
Meanwhile, the company “again breached the lease agreement by failing to pay monthly rent and additional rent under the agreement in January 2023″ of about $3.428 million, the lawsuit notes. SRI Nine Market Square received another $266,000 through a line of credit, so Twitter currently owes $3.16 million.
SRI Nine Market Square wants the company to increase the credit limit to $10 million due to the terms of the agreement, which provide for such an option in the event of a change in its management. In late October, Twitter was acquired by billionaire Elon Musk. The lawsuit says the site refuses to do so.
In addition, the owner of offices in the center of London Crown Estate filed a similar lawsuit, writes MarketWatch. They confirmed that they went to court, but did not specify how much Twitter did not pay.
In December, foreign media reported that the company had stopped paying rent for a number of offices as part of cost-cutting measures after Musk took over. In early January, another landlord in San Francisco sued Twitter.
London has sent Kiev over 1,000 metal detectors and 100 bomb disposal kits to help the Ukrainian authorities in demining, the British Defense Ministry said Friday.
“The United Kingdom has donated over 1,000 VALLON metal detectors and 100 bomb disposal kits to Ukraine to assist it in demining and in making the area, homes and infrastructure safe,” the department said in a statement.
In particular, the kits are designed to disarm unexploded bombs, ammunition and improvised explosive devices.
The Ministry of Defense promised to continue supporting Ukraine in 2023. The ministry recalled that in 2022 it had delivered £2.3bn worth of military aid to Kiev and promised to maintain the same level of support in the coming year.
