The air traffic control outage that caused thousands of flights to be grounded across the UK earlier in the week was caused by a military aircraft entering “spurious” flight data into the system, according to a report.
If there were a 10% chance that AI could wipe out humanity, no responsible government would leave its development to companies racing to build it. Yet until recently, that seemed to be the case. The warning was all the …
It is an honour to be invited to contribute to the Asian Monetary Policy Forum. My topic today is to examine the role of Europe in the world economy.[1] International trade, international finance, international technolo…
Funds from Roman Abramovich’s sale of Chelsea FC have earned at least £175m in interest while locked in a UK bank account, new accounts show, leading one analyst to describe the company housing the frozen cash as “the m…
If you’ve recently opened a tin of mackerel and thought there was something fishy going on, you may have been right. An overfishing crisis means that instead of traditional mackerel, some now contain a different fish wi…
A decision on approving the controversial Jackdaw gasfield in the North Sea is to be delayed until later this autumn, with the Greens accusing Labour of hiding their position before the crucial Holborn and St Pancras by…
Washington, D.C.--(Newsfile Corp. - September 11, 2026) - Senior officials from the Securities and Exchange Commission, Federal Deposit Insurance Corporation, Commodity Futures Trading Commission, Federal Reserve Board,…
The federal governments have not handled the likely takeover of Commerzbank by Unicredit well so far. Now Federal Finance Minister Klingbeil must avoid further missteps.
Today the Federal Deposit Insurance Corporation, the Federal Reserve Board, the National Credit Union Administration, and the Office of the Comptroller of the Currency (collectively, the agencies) requested comment on p…
Britain locked in its most expensive long-term borrowing in 28 years on Tuesday, selling £4.25 billion (approximately $5.75 billion) of 30-year government bonds at a yield of 5.8168% — the highest at any gilt yield reco…
Actions by advanced economies to limit rising government bond yields are unlikely to be durable without additional policy change or a material economic slowdown—but the first is unlikely and the second is unwanted.
The UK economy grew in July as the rapid expansion of AI appeared to outweigh the economic damage from the Iran war, in a welcome boost for John Healey.
US President Donald Trump says he would give $5,000 to every American adult if the midterm elections go his way. Turning that promise into reality, however, would face significant hurdles. The proposal could cost more t…
The government has submitted a bill to the State Duma that simplifies the procedure for updating the area of buildings, structures, and the premises within them in the Unified State Register of Real Estate (EGRN). The i…