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Yahoo
an hour ago
- Yahoo
Liverpool contract rebel DISAPPOINTED by latest offer
Liverpool can be grateful to have Virgil van Dijk signed up to a new contract. The 33-year-old put pen to paper on a new two-year deal worth a reported £400k per week before the end of the 2024/25 season. It gives Arne Slot and sporting director Richard Hughes and degree of certainty in planning their defensive structure for the seasons ahead. Advertisement All around the Dutchman however and players are facing intense scrutiny. There are no guarantees about any of Liverpool's other centre-backs right now. Jarell Quansah looks destined to join Bayer Leverkusen for £35m and Joe Gomez might leave if the offer is right. Konate out of contract in 2026 And Van Dijk's preferred defensive partner Ibrahima Konate has got a serious contract situation to resolve. Out of contract in 2026, there has been no breakthrough thus far in negotiations. And now the Guardian is reporting that the Frenchman has REJECTED Liverpool's latest attempt to tie him down. 'The French defender enters the final year of his deal next month and is understood to have rejected Liverpool's initial offer of an extension,' the report reads. Konate disappointed with Liverpool contract offer Konate has been at Liverpool since 2021 - joining from RB Leipzig for a reported £35m. Having now established himself in the Liverpool lineup, the 26-year-old is seeking a reported pay packet of £200k per week in order to renew. Advertisement According to the report in the Guardian, it appears Liverpool are not prepared to go that high in contract talks. Instead, it's claimed that the club are seeking to make up the difference in an incentivised deal. That remains the sticking point for Konate, whose entourage are unhappy with the terms on offer. © IMAGO Konate pushing for bigger wage 'The 26-year-old is understood to be disappointed by the structure of Liverpool's offer, with his representatives believed to be pushing for a higher basic wage after the offer was heavily based on meeting certain performance targets,' the report reads. Liverpool are reported to have set a deadline on Konate's contract talks. If no deal is reached by the conclusion of this summer's transfer window then he will be sold. Advertisement The club do not want a repeat of the Trent Alexander-Arnold situation, in which the defender ran down his deal. With only one year left on his deal, the power right now is in Konate's hands. Next summer he could well have Real Madrid, Paris Saint-Germain and more lining up to provide a bumper free deal.
Yahoo
an hour ago
- Yahoo
Contributor: No one can grasp trillions. Here's how to make sense of federal spending and debt
I'm a finance professor at UCLA, so let's talk finance. Which numbers are more meaningful to you? Having $50 to $100 cash in your pocket (rough average for an American) or knowing the total U.S. currency in circulation is $2.4 trillion? Owing $7,300 on your credit card (average balance of those who don't pay it off every month) or envisioning the total U.S. credit card debt of $1.2 trillion? Being $250,000 in debt on your home (average among American consumers with a mortgage) or seeing that the nation's total residential consumer mortgage debt is $12.8 trillion? Holding $250,000 in your 401(k) or IRA account (average for baby boomers, now old enough to need it soon) or knowing the total U.S. savings in such accounts is about $27 trillion? Receiving a monthly Social Security check of $2,000 (the average) or considering the balance of the Social Security trust fund at $2.7 trillion? I've been researching and teaching economics for more than 30 years, and still I can't wrap my head around trillions of dollars. I'm guessing you can't, either — and neither can our senators and representatives who determine the federal budget. And yet, our government insists on communicating with us in this unfathomable language. Worse, even our best media outlets rarely translate the government's incomprehensible abstractions into understandable numbers, giving us sentences like this one from the Wall Street Journal: 'President Trump's tax-and-spending megabill would increase budget deficits by $2.4 trillion over the next decade, compared with doing nothing, according to a Congressional Budget Office estimate released Wednesday.' (By the way, that figure has been revised to $2.8 trillion as of June 18 — as if the human mind could comprehend the difference between those boggling figures.) And so I want to help people understand both our federal budget deficit and the resulting national debt, as well as our government's free-spending ways. (Both parties are to blame; no need for politics here.) The national debt today stands at about $37 trillion. This means that each of our 347 million people is on the hook for about $110,000, or about 2.75 years the median income of $40,000 per year. Of course, not every U.S. resident earns income or pays income tax. With "only" 154 million taxpayers, this means that the average taxpayer's piece of the $37-trillion federal debt is about $240,000, or six years of the median income. Think of this as your share of our federal debt. The government may have borrowed it, but ultimately you are on the hook for it. Feel better now? Probably not. For most people, learning that you owe $240,000 is a lot more concerning than hearing that the national debt is $37 trillion. And your piece of our collective problem is still growing. Each year, our federal government takes in about $35,000 per taxpayer ($5 trillion) and spends about $45,000 per taxpayer ($6.75 trillion). Lawmakers are currently not paying down our debt but adding about $10,000 per taxpayer every year to our already outstanding balance of about $240,000. Unfortunately, we have another problem. Our outstanding debt was issued at low interest rates (around 2.3% per year). This is about to change. When it comes due, refinance interest rates will likely be more like 4% per year. Federal spending on interest will rise from the current level of about $6,000 a year per taxpayer to more like $10,000. Back to the 'One Big Beautiful Bill Act' that the Wall Street Journal was reporting on. Roughly speaking, over 10 years, the Congressional Budget Office estimates the legislation would add a total deficit of $18,000 per taxpayer. Whatever debt balance we expected to reach in about 10 years, under this new budget, we would be expected to reach that debt in nine years. In itself, debt isn't so bad. For instance, as your home's value grows, the mortgage percentage shrinks. If your income rises, that helps, too. Our 25-year-old business school students, who have no current income but take on a six-figure debt, can typically comfortably pay off their debts and support a nice lifestyle, too. Unfortunately, not so for our federal malaise. Our income and tax bases are growing nowhere near as fast as our obligations. With growing deficits and rising interest rates, we are instead accelerating our obligations. Today, we are spending about $850 billion a year on our military, or about $5,500 per taxpayer. Interest payments are just about to exceed that. Adding in our running deficits, even if we assume that we can greatly increase our economic output, tax base and tax intake, and that there will be no recession, and that tariffs will cover about one-third of our deficits (a combination that few economists believe), we are still heading straight for a date with a metaphorical bankruptcy judge. Fortunately, this is legally impossible. So what can possibly happen? First, we could get exceedingly lucky: Economic growth could reach higher than it has ever been. Maybe we can all collectively become more innovative (and less hamstrung by our abundant self-inflicted inefficient policies, rules and regulations). I wouldn't count on it. Second, our politicians could raise taxes, curb spending or do both. However, we have no collective appetite for this. (Those actions could slow growth to the point that they become counterproductive.) Third, we could "print" money. However, this would leave us in a fiscal situation similar to that of many developing nations, with galloping inflation and untrustworthy currency. Who would then lend us money? It surely wouldn't "make America great again." Living beyond our means is not a Republican or a Democratic problem. Our parties may disagree about what to spend the money on, but both show by their actions that they agree spending more is better than spending less. Politicians are reflections of their electorates, and we the people are not ready for any pain. If our voters can begin to comprehend our problem, we'll be on our first step toward a solution. Ivo Welch is a professor of finance and economics at the Anderson Graduate School of Management at UCLA. If it's in the news right now, the L.A. Times' Opinion section covers it. Sign up for our weekly opinion newsletter. This story originally appeared in Los Angeles Times. Sign in to access your portfolio
Time Business News
an hour ago
- Time Business News
Panovista Marketing: Your B2B Lead Generation and Local SEO Partner in the UK
In the rapidly evolving digital landscape, businesses need more than just an online presence. They need a reliable marketing partner that understands how to generate leads, convert customers, and drive sustainable growth. Panovista Marketing is a UK-based B2B lead generation and local SEO agency helping businesses of all sizes achieve measurable success. Founded in 2013, Panovista blends data-driven marketing with personalized service, delivering strategies that attract, nurture, and convert ideal customers. Panovista Marketing is trusted by businesses because it offers a unique combination of expertise, transparency, and a hands-on approach. The agency's boutique size allows it to provide highly personalized service while delivering the same level of expertise and technology found in larger agencies. Clients value Panovista's commitment to transparency, real-time reporting, and proactive communication, which allows them to stay informed and involved in their marketing campaigns. This commitment ensures that businesses not only attract more customers but also maintain consistent growth over time. Effective lead generation starts with a well-constructed marketing funnel. Panovista specializes in designing funnels that guide prospects from initial interest to conversion. By leveraging platforms like Facebook, Instagram, Messenger, and WhatsApp, the agency creates multi-step funnels that capture leads and nurture them through the buyer journey. Every funnel is tailored to the client's target audience, ensuring the messaging resonates and drives action. The result is a steady flow of high-quality leads ready to become customers. LinkedIn is one of the most powerful tools for B2B marketing, and Panovista knows how to use it effectively. Their LinkedIn targeting services are designed to connect businesses with decision-makers, professionals, and specific industries. Whether a company wants to reach CEOs, managers, or specialists in a particular field, Panovista crafts precise campaigns that deliver results. By combining well-written messaging with strategic outreach, the agency helps businesses expand their networks and generate qualified leads directly from LinkedIn. For businesses looking to drive immediate traffic and conversions, Panovista offers expert Google Ads management. The agency handles every aspect of pay-per-click advertising, including keyword research, ad copywriting, bid management, and performance optimization. With a focus on maximizing return on investment, Panovista continually tests and refines campaigns to ensure they outperform competitors. Clients benefit from lower costs per click, higher conversion rates, and transparent reporting that shows exactly where their budget is being spent. Email marketing remains one of the most effective channels for both lead generation and customer retention. Panovista designs targeted email outreach campaigns that engage prospects and encourage them to take action. Whether it's a drip campaign that nurtures leads over time or personalized cold email sequences aimed at new clients, the agency focuses on crafting messages that are relevant, timely, and compelling. Additionally, all email strategies are developed with deliverability and compliance in mind, ensuring maximum effectiveness. Local businesses need to be visible in local search results to drive traffic and generate inquiries. Panovista's local SEO services are designed to help businesses rank higher in local searches and attract more customers from their surrounding areas. This includes optimizing Google Business Profiles, managing customer reviews, building local citations, and enhancing on-page SEO for location-specific keywords. Businesses that work with Panovista often see significant increases in calls, website visits, and foot traffic from customers in their area. In today's regulatory environment, ensuring data privacy is not optional. Panovista integrates GDPR and CCPA compliance into every campaign it manages. From how data is collected in lead generation funnels to how it is handled in email marketing and advertising, every process is designed to protect client data and meet international privacy standards. This compliance-first approach builds trust with customers and protects businesses from potential legal issues. Panovista's approach begins with a comprehensive discovery process to understand each client's goals, audience, and competitive landscape. This is followed by a custom strategy designed to meet those goals through coordinated execution across multiple channels. Clients receive access to real-time dashboards and detailed monthly reports, ensuring full transparency. Regular strategy calls allow for performance reviews and adjustments, keeping campaigns optimized for the best possible results. Panovista works with a diverse range of clients, including local businesses looking to boost visibility in their communities, professional service providers such as lawyers, consultants, and financial advisors, as well as multi-location businesses that need consistent marketing across different regions. The agency is also an ideal partner for startups that want to scale quickly without the overhead of a large in-house marketing team. No matter the industry, Panovista focuses on delivering measurable results and sustainable growth. Panovista stands out because of its commitment to proactive communication, data-driven decision-making, and an agile service model that adapts to the needs of each client. While many agencies rely on one-size-fits-all solutions, Panovista customizes every campaign based on a client's goals, industry, and audience. The combination of personalized service and advanced marketing technology makes Panovista a powerful partner for any business looking to grow. If your business is searching for a reliable lead generation agency, a local SEO expert, or a comprehensive marketing partner, Panovista Marketing offers the expertise and dedication you need. With a focus on driving measurable results through funnel optimization, paid advertising, email outreach, and local SEO, Panovista helps businesses achieve long-term success in an increasingly competitive digital world. For more information or to schedule a consultation, visit the official website at and discover how Panovista can help your business grow. TIME BUSINESS NEWS
