UK endures biggest strikes in a decade

UK endures biggest strikes in a decade

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Cuba is Running Out of Oil

Cuba only has only 15-20 days of oil left, according to the Financial Times. With the US blocking deliveries from Venezuela, the Trump Administration is choking off the Cuban economy one gas tank at a time. Could talks with Washington give Cuba an off-ramp? Carlos Fernandez de Co ...  Show more

US-Russia Nuke Pact to Expire

While the world focuses on diplomatic efforts in Russia's war against Ukraine, "New START," the only remaining nuclear arms control agreement between the United States and Russia, expires this Thursday. Rose Gottemoeller, former deputy Secretary General of NATO, was America's chi ...  Show more

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Why the Banking Crisis Isn’t Over Yet
The Daily

In the past week, as spooked customers frantically withdrew $42 billion from Silicon Valley Bank, the U.S. government stepped in to craft a rescue operation for the failed lender.

But efforts to contain the crisis have met resistance, and the fallout of the collapse has ...

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Is the UK Getting a Pay Rise?
Newscast

Wage growth has overtaken inflation for the first time in two years, in a sign that cost of living pressures may now be starting to ease. The Institute for Fiscal Studies has warned, however, that the UK remains stuck in a bind between high inflation and weak economic growth. The ...  Show more

The UK’s ‘mortgage bomb’
FT News Briefing

The Bank of England’s 50 basis point interest rate rise is causing concern for the UK’s already-high mortgages, and Germany has signed another long-term deal to import more US liquefied natural gas. Plus, the FT’s Aanu Adeoye explains what’s at stake in Sierra Leone’s election ...

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The Banking Crisis Is Opening a New Chapter of Capitalism
Big Take

A lot has been said about the collapse of Silicon Valley Bank and Credit Suisse. But one important thing revealed by those closely scrutinized failures has largely gone unnoticed: the changing relationship between governments and banks.  Bloomberg Editor-In-Chief John Micklethwai ...  Show more