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EY fined almost £5m for breaching standards in Thomas Cook audit
Thu, 10 Apr 2025 10:31:53 GMT
EY admits to failings in assessment of 2017 and 2018 financial statements of travel firm, which collapsed in 2019
EY has been fined almost £5m for “serious breaches of standards” over its audits of Thomas Cook in the years before the travel company’s devastating collapse in 2019.
The UK’s audit watchdog, the Financial Reporting Council (FRC), said EY and one of its partners, Richard Wilson, had admitted to failings related to their assessment of the travel agent’s financial statements from 2017 and 2018.
Continue reading...A wave of immigration during the communist years has seen a slow burn for Vietnamese food – from beef noodles to green rice ice-cream – in the Czech Republic’s capital
An older Asian woman is hunched over a gas burner serving noodles, a young couple in the distance shuffle piously into a tiny Buddhist temple, and a perpetual gaggle of families emerge from a Vietnamese supermarket armed with giant sacks of rice. It is a scene as authentically Vietnamese as I could expect to find. But I am not in Vietnam or even Asia. I am in Prague.
Sapa, or Little Hanoi as it is affectionately known, is the hub of the Czech Republic capital’s Vietnamese community, and is a far cry from the spires, dumplings and beer-sploshed splendour of the historical centre. Tucked inconspicuously on its outskirts, this city within a city is where the nation’s Vietnamese people come to stock up on spices, eat plates of bun cha or sell inordinate amounts of large, fluffy geese.
Continue reading...Switzerland is leading the world in purifying its water of micropollutants, a concoction of chemicals often found in bodies of water that look crystal clear. They include common medicines like antidepressants and antihistamines, but have unknown and potentially damaging consequences for human and ecosystem health.
In the second of a two-part series, Phoebe Weston travels to Geneva to find out how the country has transformed its rivers from sewage-filled health hazards to pristine swimming spots. She tells Madeleine Finlay how a public health disaster in the 1960s spurred the government to act, and what the UK could learn from the Swiss about taking care of a precious national asset.
From sewage and scum to swimming in ‘blue gold’: how Switzerland transformed its rivers
Support the Guardian: theguardian.com/sciencepod
Sixty years old this month, the famous northern walking route successfully blazed a trail for a national pastime
For those seeking pastoral shelter from the storm of world events this spring, there is a special incentive to look north. Sixty years old this month, the Pennine Way is being celebrated in style, with guided walks and an exhibition at the Dales Countryside Museum in Wensleydale. In North Yorkshire, speeches and a singsong are planned to mark the April day, in 1965, when the village of Malham hosted the opening of Britain’s first national trail.
The recognition is richly deserved. Stretching 268 miles from Derbyshire to the Scottish Borders, the establishment of the Pennine Way represented an epic political achievement as well as a new leisure option. Though the inhabitants of northern mill towns and mining communities had a voracious appetite for open spaces and beauty, local landowners were for decades reluctant to give it to them. The postwar campaigning work of the Lancashire journalist Tom Stephenson and the Ramblers’ Association opened up swaths of private moorland previously fenced off behind “No Trespassing” signs.
Do you have an opinion on the issues raised in this article? If you would like to submit a response of up to 300 words by email to be considered for publication in our letters section, please click here.
Continue reading...Costly and cumbersome intracontinental flights have led to a disconnect between countries that share so much. Plus: a heart-pounding season of films by Black women
Hello and welcome to The Long Wave. This week, I dig into one of my biggest travelling bugbears. Why is it so circuitous, expensive, time-consuming and exhausting to travel within Africa?
Continue reading...Students from Muslim-majority countries as well as Asia and Africa are having their visas revoked with little or no explanation.
The post Trump Appears to Be Targeting Muslim and “Non-White” Students for Deportation appeared first on The Intercept.
Monica Feria-Tinta is one of a growing number of lawyers using the courts to make governments around the world take action
In November 2024, Monica Feria-Tinta, a veteran of UN tribunals and the international criminal court, strode through a heavy black door into a Georgian building in London’s august legal district for a meeting about a tree in Southend. Affectionately known as Chester, the 150-year-old plane tree towers over a bus shelter in the centre of the Essex seaside town. The council wanted to cut it down and residents were fighting back – but they were running out of options. Katy Treverton, a local campaigner, had travelled from Southend to ask Feria-Tinta’s legal advice. “Chester is one of the last trees left in this part of Southend,” said Treverton, sitting at a large table in an airy meeting room. “Losing him would be losing part of the city’s identity.”
Feria-Tinta nodded, deep-red fingernails clattering on her laptop as she typed. She paused and looked up. “Are we entitled to nature? Is that a human right? I would say yes. It’s not an easy argument, but it’s a valid one.” She recommended going to the council with hard data about the impact of trees on health, and how removing the tree could violate the rights of an economically deprived community. Recent rulings in the European court of human rights, she added, reinforced the notion that the state has obligations on the climate crisis. This set a legal precedent that could help residents defend their single tree in Southend. “It isn’t just a tree,” said Feria-Tinta. “More than that is at stake: a principle.”
Continue reading...Just weeks away from graduation, some international students at Arizona State University have been blocked from completing degrees.
The post At Least 50 Arizona State Students Have Now Had Visas Revoked, Lawyer Says appeared first on The Intercept.
We want to hear about a community-based project or travel company that made your trip memorable. The best tip wins £200 towards a Coolstays break
When it comes to planning a trip, how we travel is just as important as where we go – the connections we make, the insights into different cultures and, hopefully, a sense that our visit is having a positive impact on the communities that host us. We’d love to hear about the community tourism initiatives that you’ve encountered on your travels, whether it was a wilderness lodge or trekking company owned and run by locals, a cultural exchange programme, or a conservation project perhaps.
If you have a relevant photo, do send it in – but it’s your words that will be judged for the competition.
Continue reading...The University of Pennsylvania has been a target of Canary Mission, a pro-Israel “blacklist” group. Turns out the call was coming from inside the house.
The post Pro-Israel Group That Attacked UPenn Was Funded by Family of UPenn Trustee appeared first on The Intercept.
From biking adventures to city breaks, get inspiration for your next break – whether in the UK or further afield – with twice-weekly emails from the Guardian’s travel editors. You’ll also receive handpicked offers from Guardian Holidays.
From biking adventures to city breaks, get inspiration for your next break – whether in the UK or further afield – with twice-weekly emails from the Guardian’s travel editors.
You’ll also receive handpicked offers from Guardian Holidays.
Continue reading...Questions on general knowledge and topical trivia, plus a few jokes, every Thursday. How will you fare?
The Thursday quiz has taken a brief respite from shouting “chicken jockey” and throwing popcorn at fellow cinemagoers, giving it just long enough to cobble together today’s offering between screenings of the Minecraft movie. Silently waiting for you, like a creeper about to blow up your base, you will find 15 questions that veer from the topical, to general knowledge, to pop culture and back. There are no prizes, but we always love to hear how you’ve got on in the comments.
The Thursday quiz, No 205
Continue reading...Uberto Pasolini’s raw and urgent drama, from a draft by Edward Bond, sees a traumatised Odysseus face the shameful aftermath of war
The film world is on tenterhooks for Christopher Nolan’s forthcoming Imax-epic treatment of Homer’s Odyssey, but Uberto Pasolini’s fierce, raw drama of the poem’s final sections, describing Odysseus’s traumatised return to Ithaca after the sack of Troy, may well give Nolan something to live up to. Pasolini collaborated on the script with screenwriter John Collee, evidently developed from a draft playwright Edward Bond wrote in the 90s; among other things, this film deserves attention as the final work from Bond (who died in 2024).
The Return is an elementally violent movie about PTSD, survivor guilt, abandonment, Freudian dysfunction and ruined masculinity. Juliette Binoche is the deserted queen Penelope, enigmatically reserving her opinions and dignity, refusing to believe the absent king is dead and declining to remarry as the island descends into lawlessness without a clear successor. Ralph Fiennes is Odysseus, enigmatically washed ashore semi-conscious in a way we associate in fact with late Shakespeare rather than Homer; he is reluctant to reveal himself, maybe through shame at having not returned before, at returning now in chaotic poverty and isolation and overwhelmed with his secret knowledge that the glories of war are a shameful delusion.
Continue reading...Republicans need to worry about getting bullied by Elon Musk, and Democrats need to worry about AIPAC, Sanders said.
The post Trying to Block Arms to Israel, Bernie Sanders Denounces AIPAC’s Massive Election Spending appeared first on The Intercept.
Intelligence reports warn law enforcement about “acts of violence against electric vehicles” and the danger of battery fires.
The post Police Across the Country Are on High Alert Over Tesla Protests appeared first on The Intercept.
Non-fungible tokens (NFTs) are the most popular digital assets today, capturing the attention of cryptocurrency investors, whales and people from around the world. People find it amazing that some users spend thousands or millions of dollars on a single NFT-based image of a monkey or other token, but you can simply take a screenshot for free. So here we share some freuently asked question about NFTs.
NFT stands for non-fungible token, which is a cryptographic token on a blockchain with unique identification codes that distinguish it from other tokens. NFTs are unique and not interchangeable, which means no two NFTs are the same. NFTs can be a unique artwork, GIF, Images, videos, Audio album. in-game items, collectibles etc.
A blockchain is a distributed digital ledger that allows for the secure storage of data. By recording any kind of information—such as bank account transactions, the ownership of Non-Fungible Tokens (NFTs), or Decentralized Finance (DeFi) smart contracts—in one place, and distributing it to many different computers, blockchains ensure that data can’t be manipulated without everyone in the system being aware.
The value of an NFT comes from its ability to be traded freely and securely on the blockchain, which is not possible with other current digital ownership solutionsThe NFT points to its location on the blockchain, but doesn’t necessarily contain the digital property. For example, if you replace one bitcoin with another, you will still have the same thing. If you buy a non-fungible item, such as a movie ticket, it is impossible to replace it with any other movie ticket because each ticket is unique to a specific time and place.
One of the unique characteristics of non-fungible tokens (NFTs) is that they can be tokenised to create a digital certificate of ownership that can be bought, sold and traded on the blockchain.
As with crypto-currency, records of who owns what are stored on a ledger that is maintained by thousands of computers around the world. These records can’t be forged because the whole system operates on an open-source network.
NFTs also contain smart contracts—small computer programs that run on the blockchain—that give the artist, for example, a cut of any future sale of the token.
Non-fungible tokens (NFTs) aren't cryptocurrencies, but they do use blockchain technology. Many NFTs are based on Ethereum, where the blockchain serves as a ledger for all the transactions related to said NFT and the properties it represents.5) How to make an NFT?
Anyone can create an NFT. All you need is a digital wallet, some ethereum tokens and a connection to an NFT marketplace where you’ll be able to upload and sell your creations
When you purchase a stock in NFT, that purchase is recorded on the blockchain—the bitcoin ledger of transactions—and that entry acts as your proof of ownership.
The value of an NFT varies a lot based on the digital asset up for grabs. People use NFTs to trade and sell digital art, so when creating an NFT, you should consider the popularity of your digital artwork along with historical statistics.
In the year 2021, a digital artist called Pak created an artwork called The Merge. It was sold on the Nifty Gateway NFT market for $91.8 million.
Non-fungible tokens can be used in investment opportunities. One can purchase an NFT and resell it at a profit. Certain NFT marketplaces let sellers of NFTs keep a percentage of the profits from sales of the assets they create.
Many people want to buy NFTs because it lets them support the arts and own something cool from their favorite musicians, brands, and celebrities. NFTs also give artists an opportunity to program in continual royalties if someone buys their work. Galleries see this as a way to reach new buyers interested in art.
There are many places to buy digital assets, like opensea and their policies vary. On top shot, for instance, you sign up for a waitlist that can be thousands of people long. When a digital asset goes on sale, you are occasionally chosen to purchase it.
To mint an NFT token, you must pay some amount of gas fee to process the transaction on the Etherum blockchain, but you can mint your NFT on a different blockchain called Polygon to avoid paying gas fees. This option is available on OpenSea and this simply denotes that your NFT will only be able to trade using Polygon's blockchain and not Etherum's blockchain. Mintable allows you to mint NFTs for free without paying any gas fees.
The answer is no. Non-Fungible Tokens are minted on the blockchain using cryptocurrencies such as Etherum, Solana, Polygon, and so on. Once a Non-Fungible Token is minted, the transaction is recorded on the blockchain and the contract or license is awarded to whoever has that Non-Fungible Token in their wallet.
You can sell your work and creations by attaching a license to it on the blockchain, where its ownership can be transferred. This lets you get exposure without losing full ownership of your work. Some of the most successful projects include Cryptopunks, Bored Ape Yatch Club NFTs, SandBox, World of Women and so on. These NFT projects have gained popularity globally and are owned by celebrities and other successful entrepreneurs. Owning one of these NFTs gives you an automatic ticket to exclusive business meetings and life-changing connections.
That’s a wrap. Hope you guys found this article enlightening. I just answer some question with my limited knowledge about NFTs. If you have any questions or suggestions, feel free to drop them in the comment section below. Also I have a question for you, Is bitcoin an NFTs? let me know in The comment section below
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