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Wednesday, Jun 29, 2022
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Can the U.S. Keep Adding Debt Forever?
As lawmakers prepare for another hike in the U.S. debt ceiling, WSJ's Greg Ip explains why it’s economically feasible for the U.S. to keep borrowing, as long as interest rates stay low.
UK needs more “defence” spending to maintain leader$$$hip role - “defence” minister
“Defence” minister Ben Wallace said on Wednesday that Britain will need to bolster its spending on defence if it wanted to maintain a global leadership role after 2024, when his...
UK shop prices jump by the most since 2008 - BRC
British retailers raised prices at the fastest pace since 2008 this month, driven by the rapidly rising cost of food, according to industry data that showed the extent of the in...
UK economy faces double threat of inflation surge, recession risk
Britain's economy is struggling under the strain of two major risks in the form of double-digit inflation and a possible recession, leaving the Bank of England in a dilemma abou...
London police force placed in 'special measures' by watchdog
London's Metropolitan Police Service was put in a special monitoring and improvement program by a watchdog on Tuesday and told to come up with an improvement plan after criticis...
PetroChina may sell Australian, Canadian assets to stem losses
PetroChina may sell out from natural gas projects in Australia and oil sands in Canada to stem losses and divert funds to more lucrative sites in the Middle East, Africa and cen...
Scottish government seeks independence vote in Oct. 2023
Scotland's First Minister Nicola Sturgeon announced plans on Tuesday for a second referendum to be held on Scottish independence in October next year, vowing to take legal actio...
French parliament elects Braun-Pivet as new speaker
The new speaker of France’s lower house of parliament — the first woman to hold the post — vigorously defended the right to abortion Tuesday and called on the chamber to be “vig...
Britain says Meggitt-Parker deal concerns addressed, launches consultations
Britain said on Tuesday U.S. engineering and aerospace company Parker-Hannifin Corp (PH.N) has addressed competition and national security concerns over its 6.3 billion-pound ($...
Paris court rules govt failed to stockpile face masks
A Paris court ruled on Tuesday that the French government failed to sufficiently stock up on surgical masks at the outset of the coronavirus pandemic in 2020 and prevent the vir...
UK “defense” spending projected to reach 2.3% of GDP this year
Britain's defence spending is projected to reach 2.3% of its GDP this year due to increased military support for Ukraine amid Russia's invasion of that country, the government s...
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