Gary Lineker, a former England soccer player-turned TV host and the organization’s highest-paid star, posted a comment on Twitter Tuesday in response to the U.K.’s latest immigration policy.Story Published at: March 13, 2023 at 08:54AM
Britain’s BBC battles mutiny in its sports department after social media clash
Bitcoin jumps 10% with crypto market topping $1 trillion as U.S. creates backstop for SVB depositors
Cryptocurrencies rallied on Monday as the U.S. government moved to protect depositors of the collapsed Silicon Valley Bank and HSBC bought the bank’s U.K. arm.Story Published at: March 13, 2023 at 08:14AM
Bill Ackman says U.S. did the ‘right thing’ in protecting SVB depositors. Not everyone agrees
Billionaire investor and Pershing Square CEO Bill Ackman said the U.S. government’s intervention to protect depositors after the implosion of SVB is “not a bailout.” Story Published at: March 13, 2023 at 08:02AM
UK’s taxes are at a 70-year high. But its finance minister won’t splash the cash at upcoming Budget
British Finance Minister Jeremy Hunt will deliver the government’s Budget commitments on Wednesday against a better-than-expected economic backdrop.Story Published at: March 13, 2023 at 06:43AM
Italy’s own version of Alexandria Ocasio-Cortez is shaking up politics in Rome
Elly Schlein was elected as the leader of the center-left party Partito Democratico — the first female to get the job.Story Published at: March 13, 2023 at 06:41AM
A tidal power ‘mega project’ in one of Europe’s iconic waterways could power 1 million homes. But costs are huge
The scope and scale of the Mersey Tidal Power Project is huge. Story Published at: March 13, 2023 at 06:37AM
I just traveled to Argentina — and doubled my money with a ‘black market’ exchange rate
Hyperinflation has fueled the creation of multiple exchange rates in Argentina, where cash is king. There’s a legal way for tourists to get a preferential rate.Story Published at: March 11, 2023 at 03:48PM
In his first address, China’s new premier says high quality growth is a priority
China’s new premier Li Qiang said China’s focus was shifting to what it calls high-quality development, such as building up tech and so-called green industries.Story Published at: March 13, 2023 at 05:27AM
SVB collapse will have limited impact on Asia, but one analyst says it could be a warning sign
Analysts say the collapse of Silicon Valley Bank is not likely to have a major contagion effect in Asia, but one person says it could be seen as a “warning,” an analyst said.Story Published at: March 13, 2023 at 04:59AM
Goldman Sachs no longer expects the Fed to hike rates in March, cites stress on banking system
Goldman Sachs no longer sees a case for the Federal Reserve to deliver a rate hike at the FOMC’s March meeting, economist Jan Hatzius said.Story Published at: March 13, 2023 at 04:14AM