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
Beijing has for a long time accused the U.S. of carrying out cyberattacks on Chinese targets. But more recently, it has accused the U.S.’s National Security Agency of hacking specific targets. Beebright | Istock | Getty Images China accused a top U.S. spy agency of stealing Chinese user data and infiltrating the country’s telecommunications infrastructure,
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. “I think it’s
WARNING: FLASH PHOTOGRAPHY FROM THE START OF THIS REPORT. Sky’s Diana Magnay reports from Moscow where protestors are being arrested following Vladimir Putin’s partial mobilisation announcement. #skynews #russia #ukraine SUBSCRIBE to our YouTube channel for more videos: http://www.youtube.com/skynews Follow us on Twitter: https://twitter.com/skynews Like us on Facebook: https://www.facebook.com/skynews Follow us on Instagram: https://www.instagram.com/skynews Follow us
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
NASA’s DART spacecraft successfully slammed into a distant asteroid at hypersonic speed on Monday in the world’s first test of a planetary defense system, designed to prevent a potential doomsday meteorite collision with Earth. Humanity’s first attempt to alter the motion of an asteroid or any celestial body played out in a NASA webcast from