Among the many questions asked about Russia’s disastrous war against Ukraine, one of them is posed only very rarely: can Russia survive what seems increasingly likely to be a humiliating defeat at the hands of its smaller neighbour?
Chinese leader Xi Jinping’s recent speech to the Communist Party Congress could be one of the most consequential of the decade. He told the audience – and the world – that his economic growth-crushing zero-COVID policy is here to stay, and that Beijing is more determined than ever to reunify with Taiwan, peacefully if possible and by force if necessary.
When Rishi Sunak lost to Liz Truss in the first Conservative Party leadership race of 2022, few were surprised. Many of the people given the chance to choose between the two candidates blamed Sunak for Boris Johnson’s downfall. They also preferred Truss’s “optimistic” economic policies to Sunak’s sombre assessment of the fiscal outlook. Where she promised generous tax arrangements, he argued that economic circumstances would be hard and taxes could not be cut in the short term. Indeed, he warned, they might even have to rise.
Nine lions rescued from the war-torn country of Ukraine arrived safely in Colorado at The Wild Animal Sanctuary Thursday, September 29th, 2022, as part of the largest warzone rescue of lions ever carried out. Continue reading
The day before new UK chancellor Kwasi Kwarteng’s mini-budget plan for economic growth, a pound would buy you about $1.13. After financial markets rejected the plan, the pound suddenly sunk to around $1.07. Though it has since rallied thanks to major intervention from the Bank of England, the currency remains volatile and far below its value earlier this year.
On the wooded hill above the Stan Terg lead and zinc mine in Kosovo, there is an old concrete diving platform looming over what was once an open-air swimming pool. Before the break-up of Yugoslavia, people who worked at the mine would bring their families here to swim, sunbathe on the wide terrace with its view across the valley, and picnic among the trees. Now the pool is slowly disappearing into the forest, the view obscured by birch saplings.
By Nita Bhalla
NAIROBI, Sept 22 (Thomson Reuters Foundation) – When the pain started in Agnes Wachira’s chest almost six months ago, the Kenyan mother-of-three dismissed it as a symptom of the daily grind of working long hours hand-washing clothes in the narrow lanes of Nairobi’s Kawangware informal settlement.
The Bank of England has raised its base rate by 0.5 percentage points, the largest single upward jump in 27 years. It takes the base rate to 1.75%, its highest level since 2008. This latest interest rate hike will affect personal finances and reflects the Bank’s efforts to control rampant inflation amid the cost of living crisis in the UK.