Bank of England governor defends mandate and vows to tame inflation
Andrew Bailey rejects claim the central bank acted too slowly as allies of Tory leadership contenders wade in...
Month : August 2022
Taiwan’s trade with China is far bigger than its trade with the U.S.
Taiwan’s business and economic ties with mainland China and Hong Kong have grown so large that the region is by far the island’s largest trading...
Biden will keep aircraft carrier group in the South China Sea but postpone missile test
President Joe Biden will keep a U.S. aircraft carrier strike group in the South China Sea longer than originally planned but postpone a scheduled missile...
Liz Truss claims UK recession can be averted
Tory frontrunner’s pledge to cut taxes during leadership debate with rival Sunak comes after BoE warning on economy...
Coinbase shares soar in boost from meme traders, BlackRock crypto deal
BlackRock has selected Coinbase as its crypto trading partner....
The great unrest: How 2020 changed the economy in ways we can’t understand yet
Because of the Covid pandemic, 2020 was an epoch-changing year. Much like the 9/11 terrorist attacks in 2001, the full effects won’t be understood for...
Bank of England increases interest rates by 0.5 percentage points
Inflation is forecast to reach 13% by the end of the year as UK faces biggest squeeze on living standards in 60 years...
