The United Kingdom on Thursday confirmed plans to subsidize energy bills for households and businesses, joining other European governments in a costly race to protect their economies from freezing up this winter as Russia cuts off supplies of gas.Story Published at: September 08, 2022 at 01:44PM
Price of war: UK and EU throw $500 billion at energy subsidies
Russians will be able to buy the iPhone 14
Russians will have the chance to buy the new Apple iPhone 14, despite the US tech company having left the country, thanks to Moscow’s parallel import scheme, a senior government official told the RIA Novosti news agency on Thursday.Story Published at: September 08, 2022 at 10:46PM
Trump media merger isn’t dead yet after deal gets a lifeline
Digital World Acquisition Corp., the blank-check firm seeking to merge with former President Donald Trump’s media venture, announced Friday it will avoid an imminent liquidation.Story Published at: September 09, 2022 at 01:14PM
‘We need to act right now’: Fed Chairman vows to continue aggressive inflation fight
At a think tank conference Thursday, Federal Reserve Chairman Jerome Powell reiterated his pledge to stay the course on the central bank’s aggressive inflation-busting policy.Story Published at: September 08, 2022 at 09:24PM
China’s economy is in bad shape and could stay that way for a while
China is beset by severe economic problems. Growth has stalled, youth unemployment is at a record high, the housing market is collapsing, and companies are struggling with recurring supply chain headaches.Story Published at: September 09, 2022 at 06:37AM
North Korea declares itself a nuclear weapons state, in ‘irreversible’ move
North Korea has passed a new law declaring itself a nuclear weapons state in a move leader Kim Jong Un says is “irreversible.”Story Published at: September 09, 2022 at 08:06AM
‘One of my favorite people’: What Queen Elizabeth meant to decades of American presidents
When Princess Elizabeth landed at Washington National Airport on the last day of October 1951, she emerged from her airplane in a raspberry red coat, a new velvet-brimmed hat and, some people observed, more makeup than usual.Story Published at: September 09, 2022 at 12:19AM
Vietnam arrests famous noodle vendor for ‘anti-state’ acts
A noodle seller famous in Vietnam over a viral video that was widely viewed as mocking a top government official has been arrested, police said, the latest in a crackdown on critics of the country’s communist rulers.Story Published at: September 09, 2022 at 03:53AM
No firearm found at scene of rare fatal police shooting in England, watchdog says
No firearm was found at the scene where a Black man was shot dead by police in south London this week, according to a watchdog office investigating the rare fatal police shooting in England.Story Published at: September 08, 2022 at 09:05PM
Big oil is spending millions to appear ‘green’
Big oil companies are spending millions to portray themselves as taking action climate change, but their investments and lobbying activities don’t live up to their planet-friendly claims, according to a new report. Story Published at: September 08, 2022 at 01:01AM