Latest news with #Icelandic
Yahoo
6 hours ago
- Business
- Yahoo
Bank of England governor urges UK to rebuild EU trade ties as key summit looms
The governor of the Bank of England has said that the UK now needs to do everything it can to rebuild its long-term trade relationship with the EU, after a breakthrough agreement with the US to reduce some of Donald Trump's tariffs. Andrew Bailey said that, while he would not pass judgment on the UK's exit from the EU in early 2020, reversing the trade impact of Brexit would be 'beneficial'. The government is in talks with the EU – after moves by the prime minister, Keir Starmer, to 'reset' trade relations since Labour came to power last year – before a summit in London in 10 days' time where a new UK-EU partnership is expected to be unveiled. 'Having a more open economy to trade with the European Union … would be beneficial,' Bailey told the BBC, 'because there has been a fall-off in goods trade with the EU over recent years.' The EU remains the UK's largest trading partner, but in sectors such as food and drink exports have fallen by more than a third since Brexit. 'It is important we do everything we can to ensure that whatever decisions are taken on the Brexit front do not damage the long-term trade position,' said Bailey. 'So I hope that we can use this to start to rebuild that relationship.' Earlier this week, the UK agreed a long-desired trade deal with India. Starmer described the agreement, which took more than three years of negotiations under successive governments, as a 'landmark deal' that would cut tariffs and add £4.8bn a year to the UK economy by 2040. Bailey said the UK's deal-making was setting an important example to other countries. 'It demonstrates that trade deals are important,' he said. 'Trade deals can be done, and the trade is important … Honestly, it seems an unpromising landscape at times. But I hope that we can use these deals to rebuild the world trading system.' The UK-US deal would benefit trade, even though tariffs on most British exports to the US would remain higher than they were before last month, he said later at an economics conference in Reykjavík, Iceland. He aded: 'It's good news in a world where it will leave the effective tariff rate higher than it was before all of this started.' Speaking at a conference hosted by the Icelandic central bank, Bailey said Threadneedle Street needed to be 'nimble' in its response to developments in the global economy, especially as countries reacted to the increase in US import tariffs. He said the Bank had maintained a target for inflation of 2% in good times and bad and proved to the public that the aim could be achieved in all economic weathers. Bailey said: 'We need no reminder that the global economic environment is likely to continue to be challenging – and less predictable – than it was in the past. 'So we need to adapt and develop to ensure that our processes are nimble and robust, and that our monetary policy decisions are communicated effectively, while ensuring that we continue to act methodically in response to inflationary pressures.' On Thursday, the Bank cut interest rates by a quarter point to 4.25% to cushion the UK economy against the impact of rising global economic uncertainty. The narrative from the Bank's monetary policy committee, which accompanied the decision, indicated a reluctance to make further rate cuts without greater certainty that inflation would fall back to 2% within the next two years. Inflation stood at 2.6% in March and is predicted to rise later this year. Business groups and unions said they were dismayed that further rate cuts may not be imminent. The British Chambers of Commerce (BCC) and the TUC said that the Bank's economists underplayed the downturn and the need for cheaper borrowing to boost growth. David Bharier, head of research at the BCC, said surveys showed small and medium-sized businesses' confidence had fallen in response to 'the twin developments of domestic tax rises and a global trade war'. He said: 'Many firms, desperate for financial respite, will be keen to see further rate cuts in the months ahead.' The TUC said households needed greater support from lower interest rates. Sign in to access your portfolio
Eater
a day ago
- General
- Eater
The Swiss Army Knife of Butter Curlers Is On Sale for $7
There's nothing quite like the joy I feel when I unfurl a block of Camargue salted beurre, creamy Kerrygold, or rich Icelandic smjör. The only thing that is (almost) as important as the butter I eat is the tool I choose to put it in my recipe/tartine/radish/mouth, and that's where a great butter curler can really shine. Why fumble your blade over a hard, cold stick of butter from the fridge when you could use a butter curler to create fluffy, spreadable clouds for your toast? Far from just being a country club Easter brunch staple, a butter curler deserves your consideration as an everyday kitchen tool, and I would like to nominate this little spreader for the job while it costs less than a matcha latte with oat milk: Prices taken at time of publishing. There's a seemingly infinite number of butter curlers out there — I even found a 100-year-old butter curler made out of sycamore wood — but this stainless steel iteration is so handy because it's equipped with two sides: one that is lightly serrated, and another that has small, slotted holes designed to curl extra hard/cold butter even if it's straight out of the fridge (or cheese, if that's your bag). At eight inches in length and with a little weight to it, it's also the ideal size for nonchalantly resting upon your aesthetic butter dish (because you also deserve one of those), unlike a large, clunky dinner knife. Last but not least, a butter curler is a clever workaround in a household that may be divided on the 'should we leave the butter at room temperature?' debate (covered in more depth in this Eater article), because it delivers on the promise of creating spreadable butter from even the most rigid of sticks. What are you waiting for? Start spreading while it's just seven bucks — your pancakes will thank you. Grab this handy stainless steel butter spreader for $6.99 over at Amazon . The freshest news from the food world every day
Irish Daily Mirror
a day ago
- Sport
- Irish Daily Mirror
Remembering the greatest League of Ireland team of all time
David Crawley remembers the biggest game of his career. He had just turned 27, was in the second year of his contract, commuting from Dundalk to Dublin every day with nothing bar a dream in his head and a pair of boots in his car. Shelbourne had given him a chance, and now, here he was, fulfilling it. Deportivo La Coruna were the opposition, a place in the group stages of the Champions League the prize. Read more: 'It's just to threaten them a little so they behave themselves' - Bohemians boss Alan Reynolds Read more: Ireland international Robbie Brady makes decision on club future 'This could change your lives if you win,' the team were told the night before the second leg of that game at the Riazor Stadium on Spain's northwest coast. The person addressing the team was Shels secretary Ollie Byrne, a dreamer if ever there was one, but now someone who was seeing his vision turn into a reality. 'When people talk about the greatest League of Ireland teams that there have ever been, the same names come up time after time,' Crawley says. 'You hear about Shamrock Rovers in the '80s, the Shamrock Rovers side now, the Dundalk team under Stephen Kenny. 'But that Shelbourne team that Ollie Byrne and Pat Fenlon put together was something else. 'We had quality players fighting for each position. 'And in Pat we had one of the best managers the League has ever had. He was passionate, driven, prepared, organised, clever. I loved playing under him and was lucky to have played for so many great managers: Jim McLaughlin, Dermot Keely, Martin Murray amongst others. 'Pat and I clicked. 'Plus, the big thing is, he gave me memories that I will never forget. 'And it is only when you retire that you appreciate what you had. No one can take away either the memories or the medals. 'No one can take away what we achieved that summer in 2004, that European run when we defeated a tough Icelandic side (KR Reykjavik) in round one, Hajduk Split in round two, and then faced the previous year's semi-finalists in round three. 'With half an hour to go in the second leg of that game, we had a chance to go 1-0 ahead. I'll never forget it because I was involved in the build-up to it, playing a one-two with Ollie Cahill, crossing it in for Jason Byrne. 'Jayo got a great connection to his header but the keeper (Jose Molina) was top class. 'That was our what-if moment. No blame goes on Jason because he was unreal for us, a brilliant pro, a brilliant fella. We were just unfortunate.' And yet they were also hugely lucky that the planets aligned, the greatest team the league has seen put together by one of its finest managers. Together they went on a run, winning three league titles in Crawley's time there, as well as embarking on that European run. Yet that's only one part of his career story. The other parts, the two First Division titles he won with Dundalk, as well as the 2002 FAI Cup he took back to his home town as captain, are equally unforgettable. Success had been like smoke for him; there for him to see and smell, impossible for him to grab hold of. As a kid he went across to Manchester City as a 15-year-old, callously told by the club hierarchy that it would be too late if he delayed his departure another year. Homesickness struck. So he came home and while Dundalk offered a lifeline, his timing was unfortunate, as he was too young to be part of the 1995 league winning side, but too old to still be around when Kenny arrived to rejuvenate the club in 2013. Instead he was there during the wilderness years, suffering two relegations while also winning the Cup and those two First Division titles. Crawley said: 'To be a Dundalk man and to captain the club to the Cup is a massive thing for me, a proud, proud memory. 'I loved my time there.' Yet when they got relegated in 2002 and Shels called, he knew he had to answer it. He says: 'I was scared but I wanted to prove myself because I knew inside my head that I was good enough. 'And it was an amazing experience, regularly being in TV games, winning leagues, playing in Europe. 'I never drank or smoked in my life. I had the right attitude. The game was good to me.' And he was good to it.
Eater
a day ago
- Business
- Eater
Under-the-Radar New Restaurants to Check Out in Los Angeles, May 2025
Brand new restaurants open every day across the Southland, usually without too much fanfare. This periodic compilation highlights some of the most notable and under-the-radar places that have sprouted up recently. From the San Fernando Valley to the South Bay, from the Westside to the San Gabriel Valley — let's dive right in. For the biggest restaurant openings in town, check out this companion list . Koreatown— A new tea shop has swung in to replace Tiger Sugar in Koreatown's Chapman Market. Cha Redefine is now open in the market, which is also home to Korean barbecue restaurant Origin and modern Korean restaurant Danbi. The shop's signature drink is the Chappuccino, a tea cappuccino in flavors like Taro Tornado and jasmine green tea. Other drinks include matcha lattes, a cream foam-topped osmanthus oolong, and strawberry green tea. 3465 W. Sixth Street, Suite 120, Los Angeles, CA 90020. Silver Lake— Skyr brand Thor's Skyr has opened a cafe in Silver Lake serving its signature Icelandic cultured dairy product in granola- and fruit-topped bowls, plus waffles, coffee, sandwiches, and shakes. Try the Thor's Hammer bowl with acai, strawberries, blueberries, salted caramel coconut flakes, and more. 1639 1/2 Silver Lake Boulevard, Los Angeles, CA 90026 . West Hollywood— Japan comes to LA at Soma Suisan, a sushi restaurant run by a supplier from Tokyo's Toyosu Market. Open for lunch and dinner, the restaurant serves a menu of nigiri, cut rolls, hand rolls, and grilled mackerel. The supplier's specialty is tuna, so make sure to try the toro off the menu. 521 N. La Cienega Boulevard, West Hollywood, CA 90048. Venice — The latest restaurant to completely reject seed oils is Talo Organic, a fast-casual restaurant serving grass-fed and pasture-raised protein as part of a gluten-free menu. The restaurant serves rice bowls, tacos, and of course, tallow-fried French fries. 401 Lincoln Boulevard, Venice, CA 90291. Koreatown— Coin De Rue's location on 125 N. Western Avenue has flipped into Dalkom, a new dessert cafe in Koreatown (Coin De Rue's other bakery/cafe on Western and Eleventh Street is still open). Settle into one of the cafe's seats to enjoy injeolmi cream buns, Hokkaido cheesecake, matcha cookies, and cream-filled maritozzo. Drink options include cream-topped cold brew, a yuzu slush, and a dirty chai latte with a shot of espresso. 125 N. Western Avenue, #113, Los Angeles, CA 90004 Sign up for our newsletter.
Yahoo
a day ago
- Entertainment
- Yahoo
Taste of Iceland Festival Arrives in Nashville June 26-28
During its Nashville debut, the festival will immerse visitors in the best of Icelandic culture through a variety of events across the city NASHVILLE, Tenn., May 29, 2025 /PRNewswire/ -- Taste of Iceland 2025, organized by Inspired by Iceland, arrives in Nashville for the first time from Thursday, June 26, through Saturday, June 28. The cultural festival celebrates Iceland with events across the city showcasing the best of Icelandic culture, including food, music, nature experiences, comedy, and more. Taste of Iceland celebrates and shares Iceland's traditions and culture with the people of North America. In partnership with local businesses and Taste of Iceland's official partners, featured events will be hosted at Nelson's Green Brier Distillery, Cannery Hall, and Adventure Science Center. Most events are free and open to the public. Tickets are required for each event, and guests are encouraged to arrive promptly to guarantee entry. Tickets are available on the Taste of Iceland Nashville website. Reservations are required for the Icelandic Supper Club and can be purchased here. FESTIVAL SCHEDULE Thursday, June 26 - Saturday, June 28 Wheel of Prizes Presented by Icelandair: A trip for two to Iceland is among the prizes that select Taste of Iceland festival attendees can win during Iceland Airwaves Off-Venue on June 26 and Iceland: Unfiltered & Distilled on June 28. For those not lucky enough to win a free trip, Icelandair will be running a special sale from June 25 to July 7 with roundtrip fares to Iceland from Nashville starting at $449 (for travel between September 15 to December 29, 2025). Learn more here. Thursday, June 26 Iceland Airwaves Off-Venue: A free concert hosted by Iceland Airwaves will feature shows by Icelandic musicians superserious and Arny Margret, with DJ Hermigervill spinning Icelandic tunes between sets. Indie band, superserious, is known for their energetic live shows, infectious enthusiasm, and catchy alt-rock sound—their bright, retro-tinged beats are impossible not to dance to. Folk singer-songwriter, Árný Margrét, pairs heartfelt lyrics with minimal instrumentation—her intimate voice is powerful and wide-ranging at just the right moments. Icelandic music icon, DJ Hermigervill, is a multi-instrumentalist, producer, composer, and DJ, who has worked with many notable Icelandic artists, produced several Icelandic number-one hits, and released innumerable records under various guises. Doors open at 7:00 PM at Cannery Hall. Click here for more information. Icelandic Supper Club: Join Chef Hafliði Halldórsson for a culinary adventure from Iceland, where he will prepare and demonstrate a feast using Iceland's finest ingredients, including wild Icelandic seafood, Icelandic lamb, and skyr. 7:00 - 10:00 PM at Nelson's Green Brier Distillery. Click here to purchase tickets for the prix-fixe dinner. Saturday, June 28 Icelandia Presents: Northern Lights Show: Narrated by the goddess of dawn, Áróra is an immersive film that combines science, art, and ancient storytelling to explore one of Iceland's most iconic natural wonders: the aurora borealis. The audience will go on an unforgettable journey through Icelandic skies and deep into space to learn where the northern lights come from, how they form, and how they've inspired legends for centuries. The film will be shown at the top of the hour from 12:00 - 2:00 PM in the Sudekum Planetarium at the Adventure Science Center. Click here for more information. Iceland: Unfiltered & Distilled: You've seen the pictures—volcanoes, waterfalls, and that one hot spring everyone posts on Instagram. But how much do you really know about Iceland? At this one-night-only comedy event, two Icelanders are flying all the way to Nashville to reveal the quirky truths, cultural oddities, and straight-up strange realities of their not-so-chilly homeland. Comedians and storytellers, Ragnar Ísleifur and Bergur Ebbi, will share hilarious personal stories, wildly unqualified advice, and a roast of what tourists get wrong…every single time. Expect laughter and at least five conversation-starters for your next dinner party. Spoiler: You've definitely been pronouncing Reykjavík wrong. Bonus: Iceland Hotel Collection by BERJAYA is treating guests to complimentary cocktails. 5:00 - 7:00 PM at Nelson's Green Brier Distillery. Click here for more information. Taste of Iceland is an annual festival celebrating Iceland's vibrant culture. The festival is organized by Inspired by Iceland, which promotes Iceland and Icelandic products. It is presented in partnership and with support from Icelandair, Reykjavík, Icelandic Seafood, Business Iceland, Blue Lagoon Iceland, Icelandia, Iceland Music, Icelandic Lamb, Landsvirkjun, Iceland Hotel Collection by BERJAYA, and Isavia Keflavik International Airport. Additional Taste of Iceland 2025 events will be held in Boston and Toronto. For more information about Inspired by Iceland and Taste of Iceland, visit For media inquiries or to attend Taste of Iceland events, contact TasteofIceland@ CONTACT: Martie Lane915-637-7181 | View original content: SOURCE Taste of Iceland Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
