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BOE Official Warns Climate Change Shocks May Need Rates Response - Bloomberg: A Bank of England official warned that climate change may trigger large price ...
bloomberg.com/news/articles/2024-04-25/boe-official-warns-climate-change-shocks-may-need-rates-response
BOE Warns of Risks With Private Asset Values Shrouded in Secrecy: The Bank of England is concerned about the ways that private equity giants value their holdings ...
bloomberg.com/news/articles/2024-04-22/boe-warns-of-risks-with-private-asset-values-shrouded-in-secrecy
Bank of England’s Mann Warns World Fragmentation Means More Inflation Shocks: Bank of England policymaker Catherine Mann said the fragmenting global economy will ...
bloomberg.com/news/articles/2024-04-19/boe-s-mann-warns-world-fragmentation-means-more-inflation-shocks
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UK consumers feeling more confident about finances, says NatWest boss: For first time since August 2021 people expect position to be better in a year ...
theguardian.com/business/2024/apr/26/uk-consumers-feeling-more-confident-about-finances-says-natwest-boss
UK Economists Say Markets Betting Wrong on Interest Rate Cuts: The Bank of England has found itself caught in the middle of a trans-Atlantic divide over who will ...
bloomberg.com/news/articles/2024-04-22/uk-economists-say-markets-betting-wrong-on-interest-rate-cuts
UBS Says Investors Fear Labour Could Hit UK Banks’ BOE Deposits: Investors are starting to worry that a future Labour government could seek to raise money for ...
bloomberg.com/news/articles/2024-04-26/ubs-says-investors-fear-labour-could-hit-uk-banks-boe-deposits
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Liz Truss refuses to apologise for sparking mortgage rate rise - but admits one failing as PM
news.sky.com/story/liz-truss-refuses-to-apologise-for-sparking-mortgage-rate-rise-but-admits-one-failing-as-pm-13119635
BOE Chief Economist Huw Pill Says He’s Cautious on Interest Rate Cuts: Bank of England Chief Economist Huw Pill said he’s erring on the side of caution in ...
bloomberg.com/news/articles/2024-04-23/boe-chief-economist-says-uk-is-getting-closer-to-rate-cuts
UK Is Falling Behind US in the Race for AI, BOE’s Haskel Says: The US is leading the UK on AI investments, raising concerns about a widening productivity gap ...
bloomberg.com/news/articles/2024-04-18/uk-is-falling-behind-us-in-the-race-for-ai-boe-s-haskel-says
Lloyds profits fall as interest rate benefits wane: Competition in savings and mortgage markets and rate cut expectations weigh on margins
ft.com/content/4086d32f-142c-411e-8f48-139957fcdde6
UK inflation falls less than expected to 3.2% in March: Rate continues to drop but economists had forecast a decline to 3.1%
ft.com/content/f70f52d1-87ac-42f9-a0c3-be3e5e88d711
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Quick Glance: Powell Warns of Lack of Progress on Inflation
- Federal Reserve Chair Jerome Powell emphasized that the U.S. economy, while otherwise strong, has not seen a return of inflation to the central bank's target.
- Powell mentioned that the current policy should remain in place as inflation has not declined quickly enough and there has been no further progress towards the 2% goal.
- Since July 2023, the Fed has maintained its benchmark interest rate in a target range between 5.25% and 5.5%, the result of 11 consecutive rate hikes.
- Financial markets have had to adjust their expectations for rate cuts this year as inflation has been higher than expected, and the Fed's policy continues to be dependent on data.
BOE Official Warns of ‘Bumpy’ Last Mile in Inflation Fight: Bank of England policy maker Megan Greene said developed economies including the UK face a “bumpy ...
bloomberg.com/news/articles/2024-04-17/boe-official-warns-of-bumpy-last-mile-in-inflation-fight
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Watch: Huge fire breaks out at Russian oil facility: A huge fire has broken out at a Russian oil refinery following reports of overnight drone attacks.
bbc.com/news/av/world-europe-68888835
Global Basel Committee bolsters rules for supervising banks: The world's forum for banking regulators on Thursday tightened up its rulebook to focus better on ...
reuters.com/business/finance/global-basel-committee-bolsters-rules-supervising-banks-2024-04-25/
Israeli military says 99% of drones and missiles launched by Iran were intercepted
apnews.com/article/strait-of-hormuz-vessel-33fcffde2d867380e98c89403776a8ac
Quick Glance: Israel artist calls for Gaza ceasefire
- The representative of Israel at the international art fair is calling for an immediate ceasefire in Israel’s war on Gaza.
- Ruth Patir’s video installation called (M)otherland was scheduled to open on Saturday at Israel’s national pavilion at the international art show but will remain closed for now.
- Patir stated on her website that the artist and curators are showing solidarity with the families of the hostages and the large community in Israel calling for change, rather than canceling themselves or the exhibition.
- It is believed that there are still individuals in Gaza, including 129 captives taken during the attacks led by Hamas on Israel on October 7, with 34 of them presumed dead.
No Evidence BOE Decisions Swayed by Elections, Analysis Finds: The Bank of England could cut interest rates twice before the next UK general election ...
bloomberg.com/news/articles/2024-04-18/no-evidence-boe-decisions-swayed-by-elections-analysis-finds
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BOE’s Megan Greene Says UK Interest Rates Cuts ‘Not Imminent’: Bank of England policymaker Megan Greene said the UK faces difficult trade-offs over whether to ...
bloomberg.com/news/articles/2024-04-18/boe-s-megan-greene-says-uk-interest-rates-cuts-not-imminent
Israel on high alert after unprecedented Iranian attack: Iran had threatened a reprisal raid after a deadly strike on its consulate in Syria.
bbc.com/news/world-middle-east-68810053
NatWest profits fall 27% as interest rate benefits wear off: Shares up nearly a third this year as bank has moved on from scandal over closure of Nigel Farage’s ...
ft.com/content/b5d364b4-5bf1-4adf-bc1a-fd840845d41b
Suleja prison: 108 inmates on the run in Nigeria: A manhunt is launched after more than 100 inmates escape the colonial-era facility near Abuja.
bbc.com/news/world-africa-68897517
Bernanke Urges BOE to Give Market Clearer Guidance on Rates: Ben Bernanke called on the Bank of England to consider publishing its own outlook for UK interest ...
bloomberg.com/news/articles/2024-04-12/bernanke-urges-boe-to-speak-more-clearly-on-direction-of-rated
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Quick Glance: Improve: Bernanke Critiques Bank of England's Handling of Inflation Crisis
- The Bank of England has deteriorated in economic forecasting, with faulty models and outdated systems. Communication with the public needs enhancement.
- Ben Bernanke's report includes 12 detailed recommendations, which Andrew Bailey, the Bank's governor, intends to act upon. Bernanke emphasizes the Bank's potential for significant improvement.
- Bernanke criticizes the Bank's use of fan charts, suggesting they lack useful information and should be replaced with more transparent communication methods. He highlights the need for clearer decision-making reasoning.
- Despite recommendations, Bernanke avoided speculating on past actions, indicating room for substantial improvement within the Bank's processes. The report conveys a clear message: the Bank could have performed much better.
FTSE 100 hits record high as shares rise amid hopes of interest rate cuts: UK’s blue-chip index rises to 8,076, surpassing previous high of 8 ...
theguardian.com/business/2024/apr/23/ftse-100-hits-record-high-shares-interest-rate-cuts
UK House Prices Under Threat As Traders Pare Back Rate Cut Bets: The UK housing market recovery is threatened by investors scaling back bets on how far the Bank ...
bloomberg.com/news/articles/2024-04-24/uk-house-prices-under-threat-as-traders-pare-back-rate-cut-bets
Yemen’s Houthis launch attacks on US, Israeli vessels as warships defend: New attack comes two weeks after Iran-aligned group said it targeted three vessels and ...
aljazeera.com/news/2024/4/25/yemens-houthis-launch-attacks-on-us-israeli-vessels-as-warships-defend
Israeli military says 99% of drones and missiles launched by Iran were intercepted
apnews.com/article/strait-of-hormuz-vessel-33fcffde2d867380e98c89403776a8ac
UK Jobs and Pay Data Poses a Dilemma for the Bank of England: Sticky wages and falling vacancies don’t make the Bank of England’s life any easier.
bloomberg.com/news/newsletters/2024-04-16/uk-jobs-and-pay-data-poses-a-dilemma-for-the-bank-of-england
UK Inflation: Traders Favor Just One BOE Rate Cut in 2024 After Hot Data: Money markets rushed to trim wagers on the extent of monetary easing by the Bank of ...
bloomberg.com/news/articles/2024-04-17/traders-favor-just-one-boe-cut-in-2024-after-hot-inflation-data
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Israel attacks Iran, sources say, drones reported over Isfahan: Israel has attacked Iran, three people familiar with the matter said, as Iranian state media ...
reut.rs/3W5QoYf
Five rockets fired from Iraq towards U.S. military base in Syria: At least five rockets were launched from Iraq's town of Zummar towards a U.S ...
reuters.com/world/five-rockets-fired-iraq-towards-us-military-base-syria-security-sources-say-2024-04-21/
Bank of England Official says UK on Cusp of Payments Revolution: Bank of England Deputy Governor Sarah Breeden said the UK is on the cusp of a technological ...
bloomberg.com/news/articles/2024-04-15/bank-of-england-official-says-uk-on-cusp-of-payments-revolution
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DD News sports new saffron logo before polls: Doordarshan News has launched its new saffron-coloured logo by announcing that it is now available in a refurbished ...
thehindu.com/news/national/dd-news-sports-new-saffron-logo-before-polls/article68080401.ece
Iran launches drone attack against Israel: Live updates: Iran launched drones toward Israel late Saturday, and the U.S. pledged support for Israel's defense ...
apnews.com/live/israel-iran-drone-attack-live-updates
Bank of England's Ramsden more confident UK inflation risks are ebbing: Bank of England Deputy Governor Dave Ramsden said on Friday that the risk of British ...
reuters.com/world/uk/boes-ramsden-says-inflation-could-hold-around-2-target-over-next-three-years-2024-04-19/
Next BoE deputy governor sees rate cuts coming into view, but can't say when
reuters.com/world/uk/next-boe-deputy-governor-sees-two-sided-risks-policy-outlook-2024-04-16/
BoE reports record usage of short-term liquidity repo: The Bank of England allotted a record amount of one-week funds in a short-term repo operation on Thursday ...
reuters.com/world/uk/boe-reports-record-usage-short-term-liquidity-repo-2024-04-25/
UK wage growth slows slightly as Bank of England mulls rate cuts: British core wage growth slowed again, posting its weakest rise since the three months to ...
reuters.com/world/uk/uk-regular-wages-grow-60-3-months-february-2024-04-16/
Quick Glance: Rising Real Earnings Growth Raises Concerns at Bank of England
- An unexpectedly weaker decline in the pace of wage increases has led to real earnings growth reaching its highest level in nearly two and a half years when considering inflation, according to the latest official data.
- Recent official figures indicate that average regular pay without bonuses was at 6% in the three months to February compared to the previous year.
- The broader ONS statistics revealed an increase in the UK's unemployment rate from 3.9% to 4.2%, with caution due to ongoing efforts to enhance the reliability of employment data.
- The forthcoming inflation data expected on Wednesday is likely to demonstrate further progress towards the Bank's objectives and the potential for a decrease from the current 5.25% interest rate.
BoE tells lenders to get data on private equity or risk 'large loss': The Bank of England said on Tuesday that very few banks had a clear idea of their ...
reuters.com/world/uk/boe-tells-lenders-get-data-private-equity-or-risk-large-loss-2024-04-23/
Central Pa. beer wholesaler prepares to roll out electric freight trucks: The company will acquire eight electric vehicle freight tractors to permanently replace ...
pennlive.com/life/2024/04/wilsbach-distributors-goes-electric-with-its-freight-trucks-shows-off-high-tech-facility.html
S’pore launches final Invincible-class submarine in Germany: The 70m-long Inimitable is the last of four that the Navy ordered from ThyssenKrupp Marine Systems.
straitstimes.com/singapore/s-pore-launches-final-invincible-class-submarine-in-germany
Live updates: Iran launches dozens of drones toward Israel: Iran has launched drones toward Israel, according to an Israel Defense Forces spokesperson ...
cnn.com/middleeast/live-news/israel-hamas-war-gaza-news-04-13-24/
Israel says Iran launched drone salvo at it, air defences poised: Israel said on Saturday that a salvo of Iranian pilotless aircraft had been launched at it and ...
reut.rs/3Jj8cHO
Indoor sports stadium in Kaikohe to open after decade of work: More than a decade in the making, a blessing will be held Saturday to formally open Kaikohe's ...
rnz.co.nz/news/national/515252/indoor-sports-stadium-in-kaikohe-to-open-after-decade-of-work
Belarus says it thwarted attack on capital by drones launched from Lithuania: The head of the Belarusian security service said on Thursday it had thwarted an ...
reuters.com/world/europe/belarus-says-it-thwarted-attack-capital-by-drones-launched-lithuania-2024-04-25/
Minerals are in short supply on Earth. This startup wants to mine asteroids: With minerals in short supply on Earth, private companies such as California-based ...
cnn.com/world/astroforge-asteroid-mining-nasa-spc-scn/
Bear cub recovering after being dropped by bystander who picked it up, took photos
abcnews.go.com/US/bear-cub-recovering-after-dropped-bystander-picked-photos/story
First major construction tender for Changi Airport T5 launched in March: Chee Hong Tat
straitstimes.com/singapore/first-major-construction-tender-for-changi-airport-t5-launched-in-march-chee-hong-tat
Why economic forecasting is performance art for central bankers: Ben Bernanke’s review is full of sound recommendations but unlikely to alter this opaque process
ft.com/content/475e1fae-1bf6-4aaf-ba07-e249f09cbc78
BOE’s Breeden Says Digital Pound Needed to Keep Grip on Money - Bloomberg: Bank of England Deputy Governor Sarah Breeden signaled growing support for a digital ...
bloomberg.com/news/articles/2024-04-08/boe-s-breeden-says-digital-pound-needed-to-keep-grip-on-money
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VPN by Google One is shutting down less than four years after its launch due to lack of use
neowin.net/news/vpn-by-google-one-is-shutting-down-less-than-four-years-after-its-launch-due-to-lack-of-use/
British patrol ship launches drone in East China Sea: HMS Spey reported the successful launch of a drone as part of its ongoing operations in the East China Sea.
ukdefencejournal.org.uk/british-patrol-ship-launches-drone-in-east-china-sea/
Veteran CNN anchor Poppy Harlow to exit network after morning show disaster: Harlow, who has held various reporting and anchor gigs at CNN, most recently served ...
nypost.com/2024/04/26/media/veteran-cnn-anchor-poppy-harlow-to-exit-network-after-morning-show-disaster/
As Iran attacks Israel, Biden confronts an escalating Middle East crisis he had hoped to avoid
cnn.com/2024/04/13/politics/biden-iran-israel-attack/
Joe Biden reaffirms US 'ironclad' support of Israel after Iran missile and drone attacks
news.sky.com/story/ten-year-old-girl-injured-by-shrapnel-after-over-300-drones-and-missiles-launched-by-iran-at-israel-13114842
UK finance ministry names Liz Oakes to Bank of England FPC: Britain's finance ministry has named financial services executive Liz Oakes to the Bank of England's ...
reuters.com/world/uk/uk-finance-ministry-names-liz-oakes-bank-england-fpc-2024-04-25/
As it happened: Iran attacks Israel with 300 drones, missiles; warns against retaliation - News | Khaleej Times
khaleejtimes.com/world/mena/israel-says-iran-has-launched-drone-attack-air-defences-poised
Copenhagen stunned by devastating stock exchange fire, as police launch probe into blaze
cnn.com/2024/04/17/style/copenhagen-stock-exchange-fire-police-investigation-intl/
Quick Glance: Devastating Fire Strikes Copenhagen's Old Stock Exchange
- A blaze engulfed Copenhagen’s historic former stock exchange in Denmark’s capital on Tuesday, with the spire being consumed by flames and collapsing.
- The fire spread across multiple floors of the monument, leading to the collapse of its roof, as reported by local fire department chief Jakob Vedsted Andersen.
- The tower, standing at 184 feet, featured a distinctive design resembling four intertwined dragons’ tails, symbolizing protection against enemies and fire, as indicated by tourism websites.
- Deputy Prime Minister Troels Lund Poulsen referred to the incident as Denmark’s unique moment akin to Notre Dame, alluding to the 2019 fire in the roof of the Parisian landmark.
Newborn baby given to the wrong mother at Poole Hospital: In September 2023, a baby was given to the wrong mother at Poole Hospital.
bournemouthecho.co.uk/news/24260211.poole-hospital-speak-new-born-baby-incident/
Live updates: Iran launches dozens of drones toward Israel: Iran has launched drones toward Israel, according to an Israel Defense Forces spokesperson ...
cnn.com/middleeast/live-news/israel-hamas-war-gaza-news-04-13-24/
Even a ‘rate shock’ for British mortgage borrowers may not help the banks: The prospect of home loan rates staying high for longer is not the tonic for lenders’ ...
theguardian.com/business/2024/apr/20/even-a-rate-shock-for-british-mortgage-borrowers-may-not-help-the-banks
The Kennedys are endorsing Biden, not their family member RFK Jr.: The Kennedys have been critical of Robert F. Kennedy's third-party run, which has the ...
npr.org/2024/04/18/1245530551/kennedy-family-endorse-biden-not-rfk
US Army says coalition vessel engaged anti-ship ballistic missile launched from Yemen
reuters.com/world/middle-east/ambrey-is-aware-an-incident-southwest-yemens-aden-advisory-note-2024-04-24/
UK court case launched over Brazil Iron mine project in Bahia: Brazil Iron calls itself a sustainable mining company. Local residents call its project a disaster ...
bbc.com/news/world-latin-america-68772590
Bank of England’s Greene says rate cuts should be "a way off": Bank of England policymaker Megan Greene said interest rate cuts in Britain should remain "a way ...
reuters.com/markets/rates-bonds/bank-englands-greene-says-later-start-rate-cuts-better-ft-reports-2024-04-11/
Former Fed chief Bernanke to set out Bank of England reforms: Former Federal Reserve Chair Ben Bernanke will set out on Friday how the Bank of England should ...
reuters.com/world/uk/former-fed-chief-bernanke-set-out-bank-england-reforms-2024-04-11/
UK Economy: Uncertainty surrounds Bank of England’s policy decisions : The UK economy faces a year of mixed signals. EY predicts subdued growth in 2024 ...
wionews.com/videos/uk-economy-uncertainty-surrounds-bank-of-englands-policy-decisions-714061
King Charles comes face to face with new banknotes: The King is presented with the new banknotes of his reign which will enter circulation this summer.
bbc.com/news/uk-68769481
Is Ukraine’s Zaporizhzhia nuclear plant at risk of an ‘accident’?: Global powers raise alarm after latest drone attack on Russian-held nuclear facility hits ...
aljazeera.com/news/2024/4/16/is-ukraines-zaphorizhzhia-nuclear-plant-at-risk-of-an-accident
Israel-Gaza live updates: Israelis fired 3 missiles in limited strike: Six months after Hamas terrorists invaded Israel on Oct. 7, the Israeli military continues ...
abcnews.go.com/International/live-updates/israel-gaza-hamas-war/14-terrorists-killed-in-dayslong-west-bank-raid-idf-109474885
Rolling Airframe Missiles To Arm Arleigh Burke Destroyer Fleet: New point defenses, which come amid growing missile and drone threats, are just one Navy ...
twz.com/sea/rolling-airframe-missiles-to-arm-arleigh-burke-destroyer-fleet
As it happened: Iran attacks Israel with 300 drones, missiles; warns against retaliation - News | Khaleej Times
khaleejtimes.com/world/mena/israel-says-iran-has-launched-drone-attack-air-defences-poised
UK's FTSE 100 rises as traders ramp up rate cut bets: UK's FTSE 100 rose on Friday after dovish comments from Bank of England Deputy Governor Dave Ramsden on ...
reuters.com/markets/europe/uk-stocks-dip-middle-east-woes-set-weekly-declines-2024-04-19/
Israel-Iran tensions live news: Explosions as ‘drones downed’ over Isfahan: Tensions have soared in the Middle East more than six months into Israel’s war on ...
aljazeera.com/news/liveblog/2024/4/19/live-israel-launches-missile-attack-in-response-to-iran-assault
Live updates: U.S. shoots down some Iranian drones headed toward Israel, officials say
washingtonpost.com/world/2024/04/13/iran-israel-hamas-war-news-gaza-palestine/
Bank of England to cut rates in May, Morgan Stanley says, retaining contrarian call
cnbc.com/2024/04/18/bank-of-england-to-cut-rates-in-may-morgan-stanley-says.html
UK lenders expect pickup in mortgage lending, Bank of England says: British lenders expect to see both supply and demand for mortgages to strengthen in the ...
reuters.com/world/uk/uk-lenders-expect-pickup-mortgage-lending-bank-england-says-2024-04-11/
Tesla launched a performance variant of its Model 3 compact sedan in the United States at $52,990, the electric vehicle maker's website showed on Tuesday. Show more
The U.S. has come up with its own global strategy to thwart the next pandemic: The Biden administration has launched a new effort to improve the ability of the U ...
npr.org/sections/goatsandsoda/2024/04/16/1245142431/the-u-s-has-come-up-with-its-own-global-strategy-to-thwart-the-next-pandemic
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