By Andrés Velasco – Several central banks that began raising interests well before US and Euro-zone policymakers are still facing persistent inflation. But it was the right choice, because inflation was always likely to prove stubborn in today’s conditions, and waiting would have required even larger hikes later, with a heavier output cost.
Indian authorities arrested 9 suspects Monday to account for the collapse of an old pedestrian bridge in the small industrial town of Morbi, in the State of Gujarat state, in which at least 134 people have been killed.
Instagram users were shocked early Monday as Instagram began suspending accounts worldwide for no apparent reason, which also resulted in the loss of followers.
United Kingdom's new Prime Minister, Rishi Sunak, congratulated elected-president Luiz Inacio Lula da Silva on his victory in Brazil's election against incumbent president Jair Bolsonaro, saying he looked forward to coordinating on issues including protecting the planet's natural resources.
Tit for tat. Russia expanded its sanctions list on Sunday to all British Overseas Territories, including the Falkland Islands, accusing them of unfriendly actions against Moscow.
With winter around the corner and Europe giving priority to energy security over clean energy in German a wind farm is being dismantled to make way for an expansion of an open-pit lignite coal mine.
As had been anticipated, Russian Defense Ministry said that Moscow would suspend its implementation of a UN-brokered grain export deal if attacks continued on Sebastopol where the Russian Black Sea is headquartered.
Since the start of 2022, and with the increasing political instability situation in the United Kingdom. more than £1.3 trillion has been wiped off the value of UK bonds, following a major sell-off across bond markets, according to figures released at the end of last week's trading.
This week Falkland Islands Representative in London, Richard Hyslop presented the House of Commons Speaker Sir Lindsay Hoyle with a 40th Anniversary of the liberation of the Falkland Islands framed stamped envelope.
As part of the Falkland Islands' 40th anniversary year of events in the UK, a delegation from Falkland House visited Belfast and Northern Ireland.