Bank of England should hold off from raising interest rates next month, according to a forecasting body. Bank governor Mark Carney has said rates could go up in the relatively near term, with many analysts expecting a hike in November. However, the EY Item Club said such a move risked hurting the UK's fragile economic outlook.Add your comment!
Delia Matilde Ferreira Rubio was elected chair of Transparency International, the global anti-corruption movement, at its Annual Membership Meeting in Berlin. Rueben Lifuka was elected as vice-chair, along with seven new board members. All will serve a three-year term.5 comments
Brexit negotiations should accelerate over the months to come, says a joint statement from the UK prime minister and the president of the EU Commission. Theresa May and Jean-Claude Juncker met in Brussels on Monday for a dinner they called constructive and friendly.1 comment
Canada's Bombardier Inc. announced on Monday it has sold a majority stake in its CSeries passenger jet business to European aerospace giant Airbus for no cost. The move comes after lackluster sales and after the U.S. Commerce Department imposed harsh duties on Bombardier, charging the Montreal-based company is selling the CSeries planes in the U.S. below cost and receiving government subsidies.4 comments
Spain’s deputy prime minister has said that Catalonia’s leader did not give an adequate response in his letter about the region’s independence and has until Thursday to comply with the country’s laws. Carles Puigdemont’s letter, issued two hours before a Monday deadline, did not clarify whether he in fact declared Catalonia’s independence from Spain. He called for talks with Spain’s government.Add your comment!
A Spanish judge has remanded two key members of the Catalan independence movement in jail. Jordi Sánchez, who heads the Catalan National Assembly (ANC), and Jordi Cuixart, leader of Omnium Cultural, are being held without bail while they are under investigation for sedition.Add your comment!
A prominent blogger in British Overseas Territory, Malta, who had accused the island's government of corruption, has died in a car bomb attack, according to police. Daphne Caruana Galizia, 53, was reportedly killed when the car she was driving exploded shortly after she left her home in Bidnija, near Mosta.3 comments
The Spanish government will seize control of Catalonia if regional leader Carles Puigdemont gives an ambiguous reply to Madrid’s question about whether he has declared independence from Spain, the interior minister warned Saturday.2 comments
Legislation to allow the recreational use of cannabis has been strongly opposed on health grounds by the World Medical Association. But in a policy statement this week, the Association says that laws governing research grade cannabis should be reviewed to allow more scientific research on the use of cannabis for medicinal purposes.Add your comment!
Saturday 14 October marked an exciting new chapter in St Helena’s history when the first ever commercial flight from South Africa touched down at St Helena Airport at 1.59pm.3 comments