[ad_1] Formula One is revving up for the Singapore Grand Prix this weekend with a stunning cast of racers, but none of them are from the United States — and McLaren’s CEO Zak Brown has a theory about that. “The talents are there, the resources are there. It’s really about …
Read More »Bank of England intervenes to buy UK bonds, warns of risk to financial stability
[ad_1] London CNN Business — The Bank of England said Wednesday it would buy UK government debt “on whatever scale is necessary” in an emergency intervention to halt a bond market crash that it warned could threaten financial stability. Investors have been dumping the pound and UK bonds since the …
Read More »Markets are now treating UK bonds like Greek and Italian debt
[ad_1] London CNN Business — The pound may have paused its headlong crash toward parity with the US dollar, but the damage to the UK economy sparked by Prime Minister Liz Truss’ huge tax-cutting gamble is still rippling through financial markets. Sterling stabilized early Tuesday to trade near $1.08, bouncing …
Read More »Rising Covid-19 Cases in the UK may be a warning for the US
[ad_1] CNN — There are signs that the United Kingdom could be heading into a fall Covid-19 wave, and experts say the United States may not be far behind. A recent increase in Covid-19 cases in England doesn’t seem to be driven by a new coronavirus variant, at least for …
Read More »Coins and banknotes featuring King Charles III and Queen Elizabeth II will co-circulate
[ad_1] CNN Business — Coins and banknotes featuring King Charles III and Queen Elizabeth II will co-circulate, according to the Royal Mint, the official maker of UK coins. “The first coins bearing the effigy of His Majesty King Charles III will enter circulation in line with demand from banks and …
Read More »How the far right is surging in Europe
[ad_1] A version of this story appears in CNN’s What Matters newsletter. To get it in your inbox, sign up for free here. CNN — Voters in Europe have veered to the far right. In Italy, Giorgia Meloni’s Brothers of Italy political party is described in CNN’s report as “the …
Read More »What are the most common crimes in hotels? Not theft, say UK police
[ad_1] “Violence against another person” is by far the most common criminal offense reported in U.K. hotels, new data shows. Statistics from eight police forces across the U.K. show there were 4,589 allegations of violence and 1,307 of public disorder — which often involves intimidation or the threat of violence …
Read More »Biden returns to UN as world grapples with Putin’s latest provocations in Ukraine war
[ad_1] New York CNN — President Joe Biden returns to the green-marbled United Nations stage Wednesday hours after Russia’s president announced in a provocative speech an escalation in his war effort in Ukraine, setting up a rhetorical showdown between the two leaders on the international stage. Biden had already planned …
Read More »Jill Biden says she’s overwhelmed by love and respect for Queen Elizabeth II in London
[ad_1] CNN — First lady Jill Biden is overwhelmed by the outpouring of love and respect she is witnessing for Queen Elizabeth II during her visit to London with President Joe Biden, especially the viewing of the Queen’s coffin at Westminster Hall, she told CNN on Sunday. “It was really …
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