Truthout is an indispensable resource for activists, movement leaders and workers everywhere. Please make this work possible with a quick donation. The financial system of the United States has always been prone to instability and crises. Now, however, under the new Trump administration, which is pushing for major cuts in regulation, including in the cryptocurrency...
Douglas Fraser Business/economy editor, Scotland Graeme Ogston Tayside and Central reporter University of Dundee The current principal – Prof Shane O’Neill – was criticised in the report The principal of Dundee University and two senior members of its governing body have quit after a damning report into the financial collapse that led to a £22m...
“There is a saying ‘never waste a crisis’, and that judgement against Saracens was a big springboard to enhance the whole system,” he says. He now has an ocean of data to dive into. Copies of players’ contracts, image rights deals and other employment arrangements are sent to Rogers within 14 days of being signed....
The board maintained moving the women’s team into the main stadium or to another venue was neither financially nor logistically viable. It added it was with “great sadness” that the decision had been taken to withdraw from FA Women’s National League ahead of the 2025-26 season. “Whilst as a club we applaud the efforts of...
Barcelona sporting director Deco denies the club have financial problems and says they do not need to sell players – despite La Liga’s restrictive financial controls. Deco, 47, has overseen a revival of Barcelona since his appointment in 2023, culminating in a domestic treble while also reaching the semi-finals of the Champions League. The Catalans...
As jubilant Livingston supporters engulfed the Dingwall pitch, there was no hiding the sorrow on the faces of their dejected hosts. The hurt was visible on local boy Cowie’s face as he watched the elated visitors celebrate on their turf, a pain according to Ferguson that will be felt throughout the club and wider community....
Branwen Jeffreys & Hazel Shearing Education editor & Education correspondent UCU Industrial disputes over university job losses are underway in several cities More than four in 10 universities in England are expecting to be in a financial deficit by this summer, according to new report from the Office for Students (OfS). The OfS, which regulates...
The first 100 days of Donald Trump’s second presidency have brought about big, destructive changes in U.S. society and culture as well as on the environment. They have also caused real damage to the economy, which has gone on reverse on almost all fronts since Trump took office. By talking out of both sides of...
Danai Nesta Kupemba BBC News Celiwe Ndaba / Facebook Dr Celiwe Ndaba said that once she decided to refuse to pay for her husband’s lifestyle he left their marriage A young female South African doctor has sparked a nationwide conversation about a form of domestic abuse often shrouded in silence – financial abuse. In a...
The decades-long conflict in eastern DR Congo has intensified since January when M23 staged an unprecedented offensive, seizing the cities of Goma and Bukavu and sparking fears of a wider regional war. Rwanda has said its forces are acting in self-defence against the Congolese army and allied militias, some of which it accuses of links...
The government borrowed more than expected in the year to March due to increased spending on pay and benefits, according to official figures. Borrowing, the difference between spending and income from taxes, was £151.9bn in the year to March, up £20.7bn from the year before. The amount borrowed was much higher than the £137.3bn predicted...
Chelsea have confirmed they are in talks with Uefa over their financial sustainability following a potential breach of the governing body’s Financial Fair Play rules. The Blues are in talks with Uefa over a settlement relating to their financial results for the year ending June 2024, where the club posted a pre-tax profit of £128.4m,...
Leeds United have reported a loss of £60.8m during the 2023-24 season. The amount is an increase on 2022-23, when the Whites posted a loss of £33.7m as they were relegated from the Premier League. The club’s revenue has dipped 33% to £128m, with both broadcast and commercial appeal taking a hit after relegation to...
Barcelona – top of La Liga and in the Champions League quarter-finals – announced a deal on 3 January to sell VIP boxes at the club’s Nou Camp stadium, which is being rebuilt, in order to raise 100m euros (£83m). But La Liga says the deal was not recorded in the accounts submitted by Barcelona...
Salford Red Devils full-back Ryan Brierley says the club’s troubles have been impacting the players’ mental health. The 33-year-old Scotland international also hinted that he could leave, following star players Marc Sneyd, Brad Singleton and Tim Lafai as the Red Devils struggle with the repercussions of an ongoing takeover. Players have not been paid on...