U.K. Finance Minister Rishi Sunak will deliver a fresh set of policy initiatives on Wednesday as Britain looks to spark an economic recovery from the coronavirus pandemic. The “Summer Economic Update,” a de-facto mini-budget, is expected to include tax cuts and new spending pledges in a bid to stimulate demand as the U.K. economy begins […] Read more
Britain is set to phase out Huawei equipment from its 5G mobile networks this year, the U.K. press reported over the weekend. If so, it marks a major U-turn in the government’s position on the Chinese telecommunications giant. The government is drawing up plans to strip Huawei gear from Britain’s next-generation networks by the end […] Read more
Increased uncertainty in the jobs market, caused by the economic downturn from the coronavirus pandemic, makes re-entering education to boost your employment opportunities all the more appealing. Masters of Business Administration (MBAs) are known the world over for improving the employability and potential salary of graduates. And executive MBAs, which are predominantly studied on a […] Read more
Hey, she said she wouldn’t lie. Press Secretary Kayleigh McEnany and President Trump were clowned on social media Tuesday after McEnany said “The president does read,” at a press conference and described Trump as “the most informed person on planet Earth when it comes to the threats we face.” McEnany’s short-notice press conference came days after a report that […] Read more
U.S. policymakers could “change the world” by devaluing the dollar, one analyst has claimed. Speaking to“Squawk Box Europe” on Monday, independent macro advisor Hugh Hendry said quantitative easing programs — where central banks buy assets like government bonds to inject liquidity into the economy — were not working. Instead of targeting bonds as a form […] Read more
The coronavirus has now killed more than 500,000 people around the world as the number of confirmed infections exceeded 10 million, according to data compiled by Johns Hopkins University. The United States accounts for more than 20% of all reported deaths caused by Covid-19, more than any other country in the world, according to Hopkins’ […] Read more
Christine Lagarde, the president of the European Central Bank, believes the world may be past the worst of the coronavirus crisis but said a return to the status quo is unlikely. Speaking during the online Northern Light Summit on Friday, she said: “We probably have passed the lowest point and I say that with some trepidation […] Read more
The United States is studying the possibility of slapping $3.1 billion in additional tariffs on goods from the United Kingdom, France, Germany and Spain — in another step that’s likely to exacerbate tensions between both sides of the Atlantic. In a document issued Tuesday evening, which was first reported by Bloomberg, the Office of the […] Read more
Royal Canadian Legion halls across the country have been shuttered for months due to COVID-19, and now a number of them are facing the prospect of never being able to reopen. With most ineligible for the host of federal aid programs being offered to help keep other businesses and charitable organizations afloat, hundreds of these […] Read more
India is one of the world’s worst hit countries in the coronavirus pandemic, with reported cases spiking in recent weeks as the country emerged from a strict nationwide lockdown. Cumulatively, India has reported more than 400,000 cases of infections since January. Though, relative to its population size, the percentage of infected individuals is still low. India […] Read more
