France, Germany and Nordic countries close airspace to Russian planes February 27, 2022 France, Germany and the Nordic countries – Sweden, Finland, Denmark and Iceland – are joining the growing list of countries who closed their airspace to Russian aviation following the Kremlin’s invasion of Ukraine. “France is shutting its airspace to all Russian aircraft and airlines from this evening on,” tweeted French transport minister Jean-Baptiste Djebbari. “To [...]
Gas markets slide as EU closes in on watered down price cap October 17, 2022 Gas prices are heavily down across UK and European benchmarks have fallen as the West pushes for a price cap on Russian supplies.
Energy conflict: EU unveils plans to seize Russian energy revenues April 6, 2022 Economic warfare between Russia and the West escalated yesterday, after the EU announced plans to seize Russian energy revenues.
UK inflation scales to 41-year high, but analysts bet it has peaked at 11.1 per cent November 16, 2022 UK inflation has surged above the City and Bank of England’s expectations to reach a new 41 year high, but experts said it may now have peaked, official figures revealed today. Prices rose 11.1 per cent over the last year, pushing the rate a whole percentage point higher from September, according to the Office for [...]
Russia has caught our attention, now Putin’s threat in Ukraine will be tested January 19, 2022 Since the spring of last year, Russia has amassed military forces near Ukraine’s border. Estimates vary on the size of these forces, but most analysts believe that somewhere in the realm of 100,000 military personnel have been deployed, with perhaps more held in reserve. Given the composition of these units, their capabilities are not in [...]
Accelerating costs and higher tax bills knock employers’ confidence April 20, 2022 Swelling cost burdens and higher tax bills are eating into UK businesses’ confidence in the country’s economic prospects, reveals a fresh survey published today. Severe inflationary pressures sourced from the Russia-Ukraine war sending energy prices higher and ongoing supply chain disruption has muddied the outlook for the UK economy. The world’s economic watchdog, the International [...]
Two wars and a revolution: What will 2024 look like on the global stage? January 3, 2024 Ukraine, Israel and Donald Trump; as we enter a new year, Dr John Hulsman tells us what major things to expect from global politics in 2024. As the English theologian Thomas Fuller put it, “It’s always darkest before the dawn”. After a highly unsatisfying 2023, we can only fervently hope that Fuller’s plaintive prayer is [...]
Bank of England expected to raise interest rates by 50 points to post financial crisis high of four per cent January 26, 2023 The Bank of England is set to hike interest rates 50 basis points to four per cent next week, jacking them up to the highest level since the financial crisis, markets expect. City traders reckon its governor Andrew Bailey will lift borrowing costs for the tenth time in a row, something the UK central bank [...]
UK must drop barriers for refugees, says Ukrainian ambassador to the UK March 9, 2022 The UK should drop all barriers for Ukrainian refugees trying to enter the country, Ukraine’s ambassador to the UK has said. Vadym Prystaiko told MPs on the Home Affairs Committee today that “we will be happy if all the barriers are dropped for some period of time when we can get maximum [numbers] of people, [...]
European Defense M&A: Ready to take off? May 3, 2022 European NATO members have often been criticized by the US for failing to meet their defense expenditure levels. But with the recent Ukraine conflict, is that all set to change? And how will this impact dense M&A in Europe? Under NATO guidelines, members are mandated to spend 2% of their annual economic output on defense. [...]