Month: September 2022

The European Union’s top diplomat suspects that damage to two underwater Nord Stream natural gas pipelines was sabotage and warned of retaliation for any attack on Europe’s energy networks. In a statement on behalf of all 27 member states, EU foreign policy chief Josep Borrell said: “All available information indicates those leaks are the result of
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The International Monetary Fund (IMF) has criticised the UK government’s mini-budget, saying the plans for tax cuts and spending will increase inequality and counteract the Bank of England’s monetary policy. The conflicting government and currency policies, of seeking to ramp up growth via tax cuts and rein in inflation through interest rate rises, attracted sharp
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The Bank of England’s chief economist has said the government’s mini-budget, which led to the pound falling to a record low against the dollar, will require “a significant monetary policy response”. Speaking at the International Monetary Policy Forum, Huw Pill reasserted the Bank of England’s willingness to act to rein in inflation. Mortgage repayments could
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NASA’s mission to deflect asteroid is a step towards preparing the world for a potential future asteroid strike like the one which killed the dinosaurs some 66 million years ago, the chances of which are very slim in our lifetime, Indian scientists said. In a first-of-its-kind mission, the Double Asteroid Redirection Test (DART) spacecraft successfully
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