Inflation in Europe rises to record high, raising spectre of steep ECB interest rate hikes March 2, 2023 European inflation is running at record levels, piling pressure on the European Central Bank (ECB) to keep hiking interest rates aggressively this year. The rate of core price increases bumped to a record 5.6 per cent last month, up from 5.3 per cent and up to the highest level since records began in 1999, according [...]
Russian government websites blocked in the UK February 28, 2022 Russian government websites appear to be blocked in the UK, including the Civil Aviation Authority, as well as the Kremlin’s official site. City A.M. understands that when UK based browsers attempt to access these sites they are met with the following message: “Website not available. The website you requested cannot be accessed. It may work [...]
Ukraine war day four: Russian Army enters country’s second-largest city as fighting continues February 27, 2022 Russian troops have entered Ukraine’s second-largest city of Kharkiv and fighting is under way in the streets, Ukrainian authorities have said. Oleh Sinehubov, head of the Kharkiv regional administration, said Ukrainian forces are fighting Russian troops in the city and asked civilians not to leave their homes. Russian troops approached Kharkiv, which is located about [...]
Stablecoin market cap drops to near two-year low as Spot Bitcoin ETF proposals move forward July 24, 2023 Data from CryptoCompare shows that the price of the flagship cryptocurrency Bitcoin (BTC) moved mostly sideways throughout the past week.
Ukraine unmasks two generals as Moscow saboteurs while tired Putin is stuck in ‘Kremlin cage’ with Russian Army ‘exhausted’ April 1, 2022 Two Ukrainian generals have been unmasked as Russian saboteurs and stripped off their ranks with immediate effect, Ukraine’s President Volodymyr Zelensky told his nation under siege. In his daily video address to the nation, Zelensky said “today another decision was made on anti-heroes, gradually all of them will be punished.” “That is why Andriy Olehovych [...]
How farmers with better data could help prevent future food shortages March 6, 2023 Farmers need access to better data to predict fertiliser prices to ensure the UK's food security, argues the NFU.
Chernobyl: ‘Abnormal’ amount of radiation at site of nuclear plant after Russian occupation April 26, 2022 There is an “abnormal” amount of radiation at the site of Chernobyl nuclear power plant, following the Russian invasion and occupation of the site. The head of director of the International Atomic Energy Agency, Rafael Grossi issued a warning about the dangers posed by the site, saying it was being monitored. “day by day”. The [...]
UK economy much more volatile after series of sharp shocks November 28, 2022 The UK economy has become much more volatile compared to three decades ago, a new survey out today reveals. Since the global financial crisis in 2008, the economy has grown much slower compared to the decade and a half in before the catastrophe, according to consultancy BDO. The firm said in the first 15 years [...]
Governor Bailey: Nothing different BoE could have done to prevent double-digit inflation May 16, 2022 Bank of England chief Andrew Bailey today defended his performance in overseeing “the biggest test” in the monetary authority’s 25 years of independence. Bailey, 63, said there was nothing else the Bank could have done to prevent inflation surging to more than five times its two per cent target in response to a grilling by [...]
Poland and Sweden pile pressure on Fifa to expel Russia from World Cup February 28, 2022 Poland’s football association has criticised Fifa for allowing Russia to carry on competing at international level, calling the stance “totally unacceptable”. On Sunday Fifa issued a list of sanctions against Russia following the state’s invasion of Ukraine, including that they must compete as the Football Union of Russia on neutral territory and without an anthem [...]