Gazprom boss threatens to halt gas supplies if Europe backs price cap October 16, 2022 Russia would halt gas supplies into Europe if the price of its gas exports was capped warned Gazprom boss Alexei Miller.
Ukraine mulls extra import duty as it hikes interest rate to seven-year high June 2, 2022 Ukraine’s central bank is considering bringing in an extra import duty on non-critical imports, having hiked its main interest rate to a seven-year high. The country has increased interested rates from a previously frozen 10 per cent to 25 per cent today, in the first tightening of policy from the National Bank of Ukraine (NBU) [...]
Markets: Three things we learned this week May 5, 2023 This week the markets had a lot to digest, bumper energy profits, the tail end of the banking sector’s latest round of results, and a rate rise from the Federal Reserve. There was also some positive house price data, which gave the FTSE 100 a spring in its step. With Coronation weekend looming we take [...]
The Notebook: Michael Martins on how UK PLC can prepare for a second Trump presidency November 14, 2023 Michael Martins, former US Embassy London political and economic specialist, talks Trump's America, AI's culture problem and his best book of the year.
Week ahead: City braces for Russia-Ukraine hit to economic activity April 3, 2022 The City will be combing through a week of closely watched economic data for signs of the Russia-Ukraine war weighing on growth. London’s premier FTSE 100 index rose 0.73 per cent last week to close at 7,537.90 points. The domestically-focused FTSE 250 index fared better, climbing 1.25 per cent. Fresh services purchasing managers’ indexes (PMI) [...]
Biden: US citizens should leave Ukraine February 11, 2022 US President Joe Biden has advised American citizens living in Ukraine to leave the country immediately, amid growing fears of a Russian invasion.
Russian Army soldiers killed ‘for amusement’ in what look like war crimes, says British military bigwig: ‘Systematic and deliberate’ April 5, 2022 The former head of British military operations in Afghanistan has said images of dead civilians in Ukraine point to war crimes committed by Russian troops. Colonel Richard Kemp, a former member of the Joint Intelligence Committee, said there appears to have been a policy of systematically killing civilians to spread terror. Asked if video footage [...]
Bank of England to usher in new era of higher interest rates after sending them to near 15-year high today May 11, 2023 The Bank of England will rip up the monetary policy order of the last decade and keep interest rates far above their post-financial crisis rock bottom levels over the coming years, new forecasts out today claim. UK borrowing costs are on course to top four per cent for the whole of this year and next [...]
EU Commission unveils price limit for gas price cap ahead of crunch talks November 22, 2022 The European Union's executive arm has proposed a year-long gas price cap of €275 per megawatt hour on the Dutch benchmark.
Air France becomes latest airline to scrap Ukraine flights February 21, 2022 Air France has decided to cancel tomorrow’s flights between Paris and Kiev “as a precautionary measure” following the increasing tensions between Ukraine and Russia. “In view of the local situation and as a precautionary measure, flights AF1752 and AF1753 to and from Kiev (KBP) on Tuesday 22 February 2022 are cancelled,” the carrier told Reuters. [...]