New UK PM Liz Truss announces cap on energy bills to tackle cost of living crisis British Prime Minister Liz Truss announcement a stimulus package to help Britons cope with soaring energy bills. Truss said the typical household ‘will pay no more than £2,500 ($2,880) a year for each of the next two years’, which … Read more
New UK PM Liz Truss announces cap on energy bills to tackle cost of living crisis British Prime Minister Liz Truss announcement a stimulus package to help Britons cope with soaring energy bills. Truss said the typical household ‘will pay no more than £2,500 ($2,880) a year for each of the next two years’, which … Read more
Attendees gather near a screen showing Russian President Vladimir Putin delivering a speech at the St. Petersburg International Economic Forum (SPIEF) in St. Petersburg, Russia, June 17, 2022. Anton Vaganov | Reuters The White House has hit back at Russian President Vladimir Putin after he repeatedly criticized the United States and the Western world in … Read more
Australia’s central bank pleads for slower rate hikes Reserve Bank of Australia Governor Philip Lowe said the central bank “acknowledges” that “the case for slowing the pace of interest rate increases is growing stronger as the level of the cash rate increases”. National Australia Bank economist Tapas Stickland said Lowe’s remarks could “signal a shift … Read more
Australia’s central bank pleads for slower rate hikes Reserve Bank of Australia Governor Philip Lowe said the central bank “acknowledges” that “the case for slowing the pace of interest rate increases is growing stronger as the level of the cash rate increases”. National Australia Bank economist Tapas Stickland said Lowe’s remarks could “signal a shift … Read more
Russian President Vladimir Putin has said the West is reluctant to recognize “irreversible tectonic shifts” in international relations and that the Asia-Pacific region has become a magnet for human resources, capital and development capabilities. production. Mikhail Svetlov | Getty Images News | Getty Images Russian President Vladimir Poutine on Wednesday accused the United States of … Read more
Russian President Vladimir Putin has said the West is reluctant to recognize “irreversible tectonic shifts” in international relations and that the Asia-Pacific region has become a magnet for human resources, capital and development capabilities. production. Mikhail Svetlov | Getty Images News | Getty Images Russian President Vladimir Poutine on Wednesday accused the United States of … Read more
Pakistan pays price for climate crisis caused by other countries: minister Pakistan is facing the worst consequences of the climate crisis, thanks in part to actions by the developed world, Finance Minister Miftah Ismail has said, as the country battles the worst floods in its history. Ismail joins a chorus of supporters from the flooded … Read more
People enter a store along a busy Manhattan shopping street on December 10, 2021 in New York City. Spencer Platt | Getty Images Job growth in August likely slowed from July’s blistering pace, but is still expected to have been quite strong, with widespread hiring across many sectors. Monthly jobs data is always important, but … Read more
Bank of Japan member says he wants to stick to ultra-loose policy Toyoaki Nakamura, a member of the Bank of Japan, stressed the need to “patiently maintain” its position on monetary easing, according to Reuters. In a speech, he said that a tightening of monetary policy when the output gap remains negative would weigh heavily … Read more
