Bank of England bought bonds after pension fund pleas Some UK pension funds have faced problematic margin calls BoE support is seen as giving an opportunity to build collateral The British government’s unfunded tax plan scared the markets LONDON/NEW YORK (Reuters) – Calls from the Bank of England began on Monday saying some British pension … Read more
Russia used its veto in the United Nations Security Council to thwart a draft resolution that sought to condemn its annexation of Ukraine. But even Moscow’s two closest friends, China and India, chose to abstain rather than vote against the resolution condemning the Kremlin’s recent actions in Ukraine. The US ambassador to the United Nations, … Read more
Weeks on the job, UK finance minister under fire for tax cuts Truss stands by a key ally but some question his future Kwarteng sacked a key official, and went without financial expectations LONDON (Reuters) – As Britain’s new chancellor to the exchequer, Kwasi Quarting hoped to undo the collective thinking in the Treasury that … Read more
Notebook stone engraved with a name late monarch It was installed in the King George VI Memorial Chapel, attached to the main chapel, on Monday evening after a private service attended by her family. The plaque is hand-carved in Belgian black marble and features inlaid brass lettering that reads the names of her parents – … Read more
United nations CNN – President Joe Biden On Wednesday, he declared Russia’s invasion of Ukraine a violation of world order, sharpening his rebuke to President Vladimir Putin as the war entered a new tense moment. Biden’s speech at the United Nations General Assembly came hours after Putin announced an expansion of his war effort, lending … Read more
Queen Elizabeth II will finally be buried on Monday – a funeral that has been meticulously planned for decades and is expected to be the most watched live event in television history. After 10 days of homage and festivities, King Charles III and his royal family will lead an all-day final farewell full of pomp … Read more
CNN – President Joe Biden arrived in London late Saturday for a two-day visit in honor of Queen Elizabeth II, the country’s longtime monarch who he says has “defined an era”. Biden joins leaders from dozens of other countries to pay their respects to the late king, whom he met last year and then announced … Read more
King Charles visits Wales, last stop of his UK tour The King and his brothers stand awake on Friday night Police conduct a massive security operation before the funeral LONDON (Reuters) – As tens of thousands of people flocked to London ahead of Queen Elizabeth’s state funeral on Monday, the miles-long queue of mourners waiting … Read more
London CNN – A nationwide two-minute silence will be held shortly before the state funeral Queen Elizabeth II wraps up on Monday, palace officials revealed. The meticulously planned arrangements were made to be a fitting farewell to Britain’s longest-reigning monarch, and you’ll see King Charles III and members of the royal family walk behind the … Read more
A large part of Bengaluru has been submerged in recent floods Forced residents to wade into deep water The unrest raises questions about the city’s future as a technology hub Authorities have vowed to act, but severe weather may complicate plans BENGALURU (Reuters) – Harish Polanor spent weekends in the late 1980s wandering the swamps … Read more
