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Hammond upbeat on growth and spending in spring statement Philip Hammond promised Britain that "our best days lie ahead of us", as he delivered an upbeat spring statement paving the way for a boost to public spending in the autumn. Hailing a modest improvement in economic forecasts, and what he called a "turning point" in the public finances, the chancellor ...
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US inflation rises in line with expectations in February A closely-tracked measure of US consumer price inflation rose in line with expectations in February, according to figures released on Tuesday that are likely to reaffirm the Federal Reserve's case for just three rate hikes this year. The core consumer price index, which excludes volatile food and energy ...
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US hits back at Russia claims, says Moscow is 'complicit' in Syrian atrocities The U.S. Department of Defense has hit back at Russian claims that the U.S. military is about to launch missile strikes on government-held districts in Syria's capital Damascus. A spokesman for the department told CNBC Tuesday that Moscow is complicit in its ally and Syrian President Bashar Al Assad's ...
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UN says Facebook is accelerating ethnic violence in Myanmar The United Nations has warned that Facebook's platform is contributing to the spread of hate speech and ethnic violence in crisis hit Myanmar. It's yet another black mark against social media at a time when the tech industry's reputation as an accelerator of false information is attracting criticism from the ...
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Amber Rudd orders inquiry into Russia-linked deaths in UK Announcing the inquiry, Rudd said she did not want to distract from the immediate response to the Salisbury attack. "However, in the weeks to come, I will want to satisfy myself that the allegations are nothing more than that," she said. "The police and MI5 agree and will assist in that endeavour. I will write ...
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America is not the least protectionist country in the world A bound tariff is effectively a tariff 'ceiling' that a country can choose to legally raise their rates to if there is a crisis in a particular industry or an agricultural disaster. These bound rates are negotiated beforehand as part of their concessions and commitments to the WTO. If all the countries in the sample ...
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