Crypto crash does not have major impact on broader financial systems, says IMF July 27, 2022 The sell-off in the crypto market does not have a major effect on global financial conditions, the International Monetary Fund wrote in a report this week. “Crypto assets have experienced a dramatic sell-off that has led to large losses,” the IMF’s World Economic Outlook Update for July 2022 stated. “But spill overs to the broader [...]
Eastern Ukraine holds its breath for fresh ‘large scale assault’ by Russian Army April 5, 2022 Ukrainian foreign affairs minister Dmytro Kuleba warned of a “large-scale” assault on the east and south of his country as Russian troops regroup, having been pushed back from the capital. He told reporters, during a joint press briefing with Ms Truss, that there had been “some hesitation” in the West about providing Ukraine with “all [...]
Moscow halts cooperation on International Space Station over ‘illegal’ sanctions April 2, 2022 The Kremlin announced today it will halt all cooperation on the International Space Space Station after Western countries imposed a blanket of sanctions on Moscow following the Ukraine war’s outbreak. Dmitry Rogozin, head of Russia’s space agency Roscomos, said it will no longer work with partners such as NASA and the European Space Agency as [...]
Explainer-in-brief: A bill to fight off a dangerous global grain shortage May 24, 2022 This week, a bill to accelerate the manufacturing of genetically edited crops will be brought to Parliament. As the world faces a potential food crisis in the aftermath of Putin’s invasion of Ukraine, the government hopes the bill will allow it to shore up the country’s reserves of wheat. Genetically edited crops are more resistant [...]
Brace yourselves: 2023 will be seen as a stable tax year compared to what’s ahead December 19, 2023 It may have felt like a long year, but 2023 will be seen as a walk in the park for tax policy compared to what 2024 has in store, writes Tim Sarson
The Bank of England should cut rates soon – but timing is everything March 19, 2024 There's no doubt that cuts should start soon, but it might be wise to wait a little bit longer before reaching for the interest rate axe, writes Chris Dorrell.
Gen Z notches worst stock market losses April 9, 2022 The global stock market turmoil triggered by Russia’s invasion of Ukraine has dealt a heavy blow to Gen Z’s portfolio, a new survey released yesterday revealed. Gen Z, people aged 18-25, absorbed the sharpest reduction in returns on their equity investments during the first three months of this year, research by Interactive Investor found. The [...]
‘Putin, come and meet me’ says Zelensky as Russia’s foreign minister Lavrov agrees the two presidents can meet March 28, 2022 Russian foreign minister, Sergey Lavrov, said today that his president, Vladimir Putin, and the president of Ukraine could meet. “The meeting is necessary once we have clarity regarding solutions on all key issues,” Lavrov said in an interview with Serbian media. His comments followed interviews by Ukraine’s president Zelensky, who said earlier today: “Ukraine must [...]
Justice secretary heads to Europe’s top court to aid Russian war crimes probe March 13, 2022 The UK’s justice secretary is set to visit Europe’s top court to help with the investigation into Russian war crimes during the ongoing invasion of Ukraine. Prime minister Boris Johnson accused Russian president Vladimir Putin of indiscriminately “sending missiles into tower blocks to kill children” at the beginning of the month, prior to the destruction [...]
D-Day for Boris Johnson and Keir Starmer as polls are now open: All you need to know about the 2022 local elections May 5, 2022 Millions of Brits around the country will go to the polls todayfor the 2022 local elections. Voters will be choosing local representatives in England, Scotland and Wales and there will also be an election for the Northern Ireland Assembly. Polling stations have just opened and close at 10pm. When will the results be announced? After [...]