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The International Monetary Fund (IMF) has criticised the UK government’s mini-budget, saying the plans for tax cuts and spending will increase inequality and counteract the Bank of England’s monetary policy. The conflicting government and currency policies, of seeking to ramp up growth via tax cuts and rein in inflation through interest rate rises, attracted sharp
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Retired Air Vice-Marshal Sean Bell gives an update on troop mobilisation across Ukraine. He mentions a “robotic effort” from Russian forces in and around Kherson in southern Ukraine and the possibility of negotiations taking place if Russia is successful in the Donbas region. SUBSCRIBE to our YouTube channel for more videos: http://www.youtube.com/skynews Follow us on
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The Bank of England’s chief economist has said the government’s mini-budget, which led to the pound falling to a record low against the dollar, will require “a significant monetary policy response”. Speaking at the International Monetary Policy Forum, Huw Pill reasserted the Bank of England’s willingness to act to rein in inflation. Mortgage repayments could
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NASA’s mission to deflect asteroid is a step towards preparing the world for a potential future asteroid strike like the one which killed the dinosaurs some 66 million years ago, the chances of which are very slim in our lifetime, Indian scientists said. In a first-of-its-kind mission, the Double Asteroid Redirection Test (DART) spacecraft successfully
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In this article ETH.CM= BTC.BS=-USS Follow your favorite stocksCREATE FREE ACCOUNT Bitcoin continues to trade in a tight range of $18,000 to $25,000 mark, keeping investors on edge about where the price is going next. The crytpo market has been plagued with a number of issues from collapsed projects to bankruptcies. Nurphoto | Getty Images
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Mysterious leaks in the Nord Stream gas pipe network began with “powerful subsea blasts” and resulted from “deliberate actions”. Two pipelines running underwater from Russia to Germany were damaged in a total of three places on Monday. Nord Stream AG, the owner, described the breakages as “unprecedented”. The pipes were not pumping gas to Europe
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