MOSCOW (Parliament Politics Magazine) – For the first time in a century, Russia failed to make payments on its foreign-currency sovereign debt. This was the result of increasingly strict Western sanctions that cut off Russia’s access to payment channels to foreign creditors.
LONDON, ( Parliament Politics Magazine ) – The UK’s inflation statistics have been released. The latest CPIH data shows that prices in the UK will increase at the highest rate in 40 years in 2022. The highest increase is expected in transport,
LONDON ( Parliament Politics Magazine ) – The tourism industry in Scotland is suffering deep financial pain in an environment of commercial instability and weakened consumer confidence. This article looks at some of the ways that the Scottish Government is stepping in
LONDON (Parliament Politics Magazine) – As the prices of food, fuel and energy continue to increase at their quickest rate in 40 years, inflation in the UK rises upto 9.1% over the course of a year ending in May from 9% in
LONDON (Parliament Politics Magazine) – According to the government, the first of two payments to assist the poorest households with the cost of living will be deposited into people’s bank accounts on July 14th. By July end, over eight million UK households
LONDON (Parliament Politics Magazine) – When growing costs are taken into account, regular pay is declining at the fastest rate in over a decade, according to the Office for National Statistics. When adjusted for inflation, pay excluding bonuses fell 2.2 percent between
LONDON (Parliament Politics Magazine) – In April, the UK economy dropped once more as firms felt the effects of price increases and the NHS Covid Test and Trace system was shut down. Official figures reveal that the economy declined by 0.3 percent
WASHINGTON (Parliament Politics Magazine) – Elon Musk has threatened to pull out of his $44 billion acquisition of Twitter, claiming that the social media business has thwarted his attempts to learn more about its user base. Mr Musk said in a letter
LONDON (Parliament Politics Magazine) – According to a new research by the Office for National Statistics, budget pasta costs have climbed by 50% in the last year, although overall supermarket lower-price ranges have increased at around the same rate as food in
WASHINGTON (Parliament Politics Magazine) – The watchdog for the US financial has approached Elon Musk regarding his Twitter stake disclosure, inquiring as to why the Tesla CEO appeared to have filed a vital document late. The SEC has sent a letter to
