Katharina Richter, University of Bristol; Alix Dietzel, University of Bristol, and Alvin Birdi, University of Bristol
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.
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In the early 1990s, Senator Patrick Moynihan campaigned for the abolition of the CIA. The brilliant campaigner thought the US Department of State should take over its intelligence functions. For him, the age of secrecy was over.
In a New York Times opinion piece, Moynihan wrote:
Jonquil Lowe, The Open University
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.
Paul Whiteley, University of Essex
Rishi Sunak and Liz Truss are the final two candidates chosen to go head-to-head in the battle to become the next leader of the Conservative party and, therefore, the next prime minister of the UK.
Yvonne Su, York University, Canada and Corey Robinson, Durham University
In 2022, the number of forcibly displaced people surpassed 100 million worldwide. Nearly 1.5 million refugees will need resettlement in 2022, but less than one per cent of refugees will be resettled.
People around the world are facing increasing pressures on their day-to-day lives. Food, energy bills and living costs are rocketing as inflation reaches record levels due to Russia’s invasion of Ukraine, the ongoing coronavirus pandemic and rising global instability.
The Thomson Reuters Foundation has spoken to people living in 18 countries around the world in an attempt to gauge the human impact of the crisis.
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Andrew Firmin is editor-in-chief at CIVICUS, the global civil society alliance, and one of the lead authors of the 2022 State of Civil Society Report.
For the past couple of weeks, mass protests have brought the South American nation of Ecuador to a standstill.
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