Thursday, August 4, 2022

Rudolph..

Dentist Larry Rudolph, 67, was charged with foreign murder in the 2016 death of Bianca Rudolph in Zambia as well as mail fraud for cashing in $4.8 million in life insurance claims.

Prosecutors' evidence showed that the wound to her heart came from a shot fired from 2 to 3.5 feet (60 centimeters to 1 meter) away.

Sometime in 2018, he said he took the gun apart, put it into two cardboard boxes and paid a man cash to haul it away with other trash.

Prosecutors also accused Rudolph’s girlfriend, the manager of his Pittsburgh-area dental franchise, Lori Milliron, of lying to a federal grand jury and being an accessory. She was found guilty.

Investigators in Zambia and for the insurers concluded her death was an accident.

Shrink..

The Bank of England raised interest rates by the most in 27 years on Thursday, despite warning that a long recession is on its way, as it rushed to smother a rise in inflation which is now set to top 13%.

Reeling from a surge in energy prices caused, the BoE's Monetary Policy Committee voted 8-1 for a half percentage point rise in Bank Rate to 1.75%

The economy would begin to shrink in the final quarter of 2022 and contract throughout all of 2023, making it the longest recession since after the global financial crisis.

Ushering in the slowdown, consumer price inflation was now likely to peak at 13.3% in October - the highest since 1980 - due mostly to the surge in energy prices following Russia's invasion of Ukraine.

That would leave households facing two consecutive years of declines in their disposable incomes, the biggest squeeze since these records began in 1964. Boris Johnson had to go.