By Arab Desk And while the UK economy is the only one among developed economies still suffering from double-digit inflation rates, the chances of abandoning this policy seem theoretically low for the foreseeable future at least over the summer, despite risks arising from the policy of rapidly increasing interest rates. Since December 2021, the Bank […]
The 67th Eurovision Song Contest is underway in Liverpool, England, and it may just be the world’s biggest music competition that you’ve never heard of. Ramy Inocencio met with this year’s Ukrainian representatives and defending champions, Tvorchi, whose song “Heart of Steel” was inspired by the ongoing war in their country. Source: Eurovision Song Contest […]
The Bank of England on Thursday hiked interest rates by 25 basis points and upgraded its projections for the U.K. economy. Source: Bank of England hikes rates by 25 basis points, no longer sees recession