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Parliament Politics Magazine
UK News

After pound fell, the bank will “not hesitate” increase interest rates

LONDON (Parliament Politics Magazine) – The pound hit a record low versus the US dollar, prompting the Bank of England to declare that it will “not hesitate” to raise interest rates in order to combat inflation. The Bank stated that it was

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September 27, 2022
World

Shinzo Abe’s state funeral held in Tokyo midst of controversy

TOKYO (Parliament Politics Magazine) – A state funeral for Shinzo Abe, the longest-serving prime minister of Japan, was held in Tokyo amid popular outrage about the expense of the service and information about his party’s associations with a controversial religious organisation. A

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September 27, 2022
USA

NASA planetary defence test: spacecraft crashes into an asteroid

WASHINGTON (Parliament Politics Magazine) – The ability of NASA to protect Earth from an apocalyptic scenario was put to the test on Monday when a multimillion dollar spacecraft slammed head-on with an asteroid as big as a football stadium. 6.8 million miles

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September 27, 2022
Middle East

Germany bags “energy security” deal, UAE to supply diesel and gas

ABU DHABI (Parliament Politics Magazine) – On Sunday, the United Arab Emirates (UAE) and Germany reached an “energy security” agreement for the supply of liquefied natural gas (LNG) and diesel as Berlin looks for alternative energy sources to Russia. At a signing

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September 26, 2022
Europe

Giorgia Meloni: The far-right in Italy is likely to win the election

ROME (Parliament Politics Magazine) – The far-right leader Giorgia Meloni has announced victory in the Italian election and is on her way to become first female prime minister of the country.  The most right-wing government in Italy since World War II is

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September 26, 2022
Business

Pound hits a historic low against dollar after tax cut announcement

LONDON (Parliament Politics Magazine) – Since the pound has hit a record low versus the dollar, speculations in the market have it that the Bank of England might have to interfere.  A statement from the bank was anticipated later on Monday after

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September 26, 2022
UK Parliament

Starmer: Labour would roll back reduction to top income tax rate

LONDON (Parliament Politics Magazine) – Labour leader Sir Keir Starmer said the government’s reduction in the highest rate of income tax would be reversed. In the midst of a cost-of-living crisis, he told the BBC that the move was not the right

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September 25, 2022
Culture & Society

Why you should visit England in autumn

LONDON (Parliament Politics Magazine) – England has an alluring charm during autumn. How Keats put it, “it is the season of mists and mellow fruitfulness.” The orange-hued leaves, the crisp days and fruitful produce, harvest festivities, bonfires at night and long leisurely

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September 25, 2022
Middle East

German chancellor meets the Saudi Crown Prince in energy hunt

RIYADH (Parliament Politics Magazine) – Despite criticism of the kingdom’s human rights record, German Chancellor Olaf Scholz began a two-day Gulf visit on Saturday with a stop in Saudi Arabia where he hopes to close new energy deals. The governor of the

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September 25, 2022
World

South Korea claims North Korea launched a ballistic missile seaward

SEOUL (Parliament Politics Magazine) – Towards its eastern waters, North Korea launched a short-range ballistic missile on Sunday, continuing a provocative pattern of weapons testing as a US aircraft carrier visits South Korea for joint military drills in response to the North’s

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September 25, 2022
UK Parliament

Key pointers from chancellor’s mini-budget announcement

LONDON (Parliament Politics Magazine) – The following are the key points from the mini-budget statement Chancellor Kwasi Kwarteng gave to his MPs:   Beginning in April 2023, the basic income tax rate will be reduced to 19p in pound. Will result in

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September 24, 2022
Europe

After military mobilisation call up, Russians run for the border

MOSCOW (Parliament Politics Magazine) – To avoid being drafted into the military for the war in Ukraine, Russian men are attempting to get out of the country. Following the announcement of a partial military mobilisation by President Vladimir Putin on Wednesday, which

Avatar of Alistair Thompson - The Editor by Alistair Thompson - The Editor
September 23, 2022
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