UK endures biggest strikes in a decade

UK endures biggest strikes in a decade

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Energy Emergency Hits Philippines

The economic fallout of the war with Iran is hitting countries all around the world. This week, the Philippines became the first country to declare a state of national energy emergency, and a Filipino refinery received a shipment of Russian oil today after the US waived sanctions ...  Show more

Norwegian Foreign Minister Espen Barth Eide

Donald Trump took the United States to war, and now he's trying to find a way out of it. That leaves Europe in a quandary, wanting to support its most powerful ally while keeping out of a war they reject. While NATO's secretary general says Trump is acting to keep the world safe, ...  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