A pedestrian shelters under a Union Flag umbrella in front of the Bank of England, in London. Reuters
Britain unveiled a 30 billion-pound ($39 billion) stimulus plan to help the economy as it faces the risk of a coronavirus recession, hours after the Bank of England (BoE) slashed interest rates in a double-barrelled response to the crisis.
World finance leaders tried to lift confidence with emergency measures to pour cash into panic-stricken markets on Thursday, as investors everywhere dumped assets, switching to dollars amid the escalating coronavirus pandemic.
The Bank of England cut interest rates to 0.1%, its second emergency rate cut in just over a week, and ramped up its bond-buying programme on Thursday in its latest attempt to shield Britain’s economy from the coronavirus outbreak.
It is truly heartwarming to note that the UAE is planning an Arab mission to the moon by 2024. The ambitious project is being spearheaded by none other than His Highness Sheikh Mohammed bin Rashid Al Maktoum,
Following the death of celebrated, liberal Supreme Court justice Ruth Bader Ginsburg, the already heated US general election campaign has become frenetic. Instead of observing a decent pause to respect the passing
When a politician takes a stand against public opinion it is time to sit up and pay attention. Especially when it is Rishi Sunak, the most popular politician in Britain and the most likely next prime minister
Last week, on 17 September, armed men charged into Marfa Rabkova’s apartment in Minsk, seizing her computer, whatever cash they could find and taking her to the Akrestsina detention centre. Marfa already knew it well.