WASHINGTON (Parliament Politics Magazine ) – By demanding additional information regarding Elon Musk’s filings made during the process, the US financial watchdog has increased the pressure on him in relation to his effort to acquire Twitter. In a letter written last month,
LONDON (Parliament Politics Magazine) – Stock markets were rattled by growing concerns about a possible European recession on Tuesday as the euro sank to lowest in two decades and the pound hit its lowest level since the beginning of the pandemic. As
ANKARA (Parliament Politics Magazine) – The most recent official statistics show prices in Turkey to be soaring at their quickest rate in 24 years. The annual rate of inflation, or the rate at which prices increase, was somewhat higher than anticipated in
WASHINGTON (Parliament Politics Magazine) – Concerns over the impact of measures to combat inflation on economic growth have caused US stocks to experience the worst first half of a year since 1970. The benchmark S&P 500 index dropped 20.6 percent during the
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
