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Britain Sinks into Recession, Unveils Biggest Interest Hike in 30 Years

Britain Sinks into Recession, Unveils Biggest Interest Hike in 30 Years

Eight of the BoE’s nine-member Monetary Policy Committee voted on Thursday morning to increase the rates from 1.25 percent to 1.75 percent.
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access_time 2 years ago
UK Warned Of ‘Astronomical’ Inflation in 2023

UK Warned Of ‘Astronomical’ Inflation in 2023

The country will also see a long recession and the economy will contract for three quarters in a row.
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access_time 2 years ago
Amnesty: Ukrainian Forces “Put Civilians at Risk”

Amnesty: Ukrainian Forces “Put Civilians at Risk”

The accusation is based on research that Amnesty conducted between April and July in the east of Ukraine.
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access_time 2 years ago
Zelensky Wants Talks with China

Zelensky Wants Talks with China

The Ukrainian president would like to “directly” speak with China’s President Xi Jinping, to talk him into pressuring Russia.
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access_time 2 years ago
Russia’s Space Agency to Launch Iranian Satellite “Khayyam” into Orbit

Russia’s Space Agency to Launch Iranian Satellite “Khayyam” into Orbit

The Roscosmos space agency said ’Khayyam’ will be sent into orbit by a Soyuz-2.1b rocket.
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access_time 2 years ago
Russian Gas Giant Warns It Can’t Accept Key Turbine

Russian Gas Giant Warns It Can’t Accept Key Turbine

Vitaly Markelov, deputy head of Gazprom, said that Siemens was not fulfilling its obligations to repair faulty engines for Nord Stream.
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access_time 2 years ago
Senior Russian Diplomat: Age of Russia-West Coop Over

Senior Russian Diplomat: Age of Russia-West Coop Over

Moscow only needs “transactional” deals with Western states, the official has suggested.
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access_time 2 years ago
NIESR: UK Inflation Will Soar to “Astronomical” Levels Over Next Year

NIESR: UK Inflation Will Soar to “Astronomical” Levels Over Next Year

The rise will force the Bank of England to hike interest rates higher and for longer than previously expected.
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access_time 2 years ago
Media: European Gas Crisis Turning “Ugly”

Media: European Gas Crisis Turning “Ugly”

Winter stockpiles could run low, according to media, citing a warning from Bank of America.
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access_time 2 years ago
Lavrov: Pelosi Created “Flashpoint Out of Thin Air”

Lavrov: Pelosi Created “Flashpoint Out of Thin Air”

“The senior US official may have been trying to prove she can get away with anything.”
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access_time 2 years ago

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Last Update: 01-07-2025 Hour: 11:57 Beirut Timing

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