Jamie Dimon says expect ‘other surprises’ from choppy markets after U.K. pensions nearly imploded
The Federal Reserve’s campaign to tame high inflation here in the U.S. has been felt around the world.
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UK PM Liz Truss reverses more tax-cutting plans and names Jeremy Hunt as finance minister
British Finance Minister Kwasi Kwarteng was fired on Friday, amid mounting political pressure and market chaos after less than six weeks in the role.
With his munitions “running out,” Putin hurls killer drones at Ukraine
Russian bombardment of Ukraine continues Russia launched new attacks around Ukraine’s capital and other regions overnight, including sending Iranian-made kamikaze drones packed with explosives hurtling into towns around Kyiv. The …
British pound jumps on reports UK government may reverse parts of its tax-cutting proposals
Sterling jumped against the U.S. dollar on Thursday following reports that the U.K. government is in talks to scrap parts of its unfunded package of tax cuts.
Madeleine McCann suspect hit with five new rape, sexual abuse charges
Berlin – A German public prosecutor has announced new charges against Christian Brueckner, the man suspected of kidnapping and killing British toddler Madeleine McCann in 2007. The public prosecutor’s office …
British pound choppy as Bank of England reiterates Friday bond-buying deadline
Sterling recovered slightly after a Financial Times report said the Bank of England has privately signaled a willingness to extend its emergency bond buying.
Buckingham Palace confirms plans for King Charles III’s coronation
Britain’s new King: The whole world is watching The coronation of Britain’s new monarch, King Charles III, will take place on May 6 at London’s Westminster Abbey, Buckingham Palace confirmed …
UK bond market moves are dramatic — and confusing. And analysts think it could get worse
U.K. bonds sold off again on Monday, pushing yields to their highest level since before the Bank of England’s historic intervention to avert a pension fund collapse late last month.
Women lead anti-government protests in Iran, now in fourth week
Women lead anti-government protests in Iran, now in fourth week Iranians continue to protest the death of 22-year-old Mahsa Amini in the custody of Iran’s morality police, now into their …
Bank of England strengthens emergency stimulus to help ease market turmoil
The Bank of England on Monday announced further measures to ensure financial stability in the U.K., building on its intervention in the long-dated bond market.