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UK

UK
Finance

UK Economic Output Is Plummeting

November 22, 2022 Mariel Alumit

New data from Lloyds Bank has revealed that UK economic output has fallen to the lowest levels seen since the nationwide lockdowns of the coronavirus pandemic shut down the economy. The report noted the bank’s […]

Crude Oil News

Trump-Era Treasury Secretary Calls G7 Russian Oil Price Cap “Ridiculous”

November 21, 2022 Mariel Alumit

Authored by Bryan Jung via The Epoch Times, Former U.S. Treasury Secretary Steven Mnuchin has called the Group of Seven’s plan to place a price cap on Russian oil “ridiculous.” The veteran cabinet member from […]

UK offshore oil and gas steep tax increases
ENB Pub Note

UK offshore oil and gas, renewable energy groups react to steep tax increases – Should the U.S. pay attention?

November 19, 2022 Mariel Alumit

ENB Pub Note: This will slow down the entire economy rather than solve the problem.  LONDON – Britain’s North Sea oil and gas and offshore wind sectors will have to pay higher taxes on profits, under […]

UK
Energy Crisis

UK Citizens Pay The Highest Electricity Bills In The World -Who Is Next?

November 18, 2022 Mariel Alumit

Via OilPrice.com, A study on government electricity and gas price data reveals that Brits pay the world’s highest energy bills. Norway is the country with by far the biggest increase in electricity prices worldwide The […]

Tax
Climate Crisis

Prevent British Tax Rises, by Abandoning Climate Change Goals

November 18, 2022 Mariel Alumit

​ Essay by Eric Worrall I set forth my position that the ONLY reason Jeremy Hunt is raising taxes on working and middle class voters is to preserve the Government Net Zero agenda. The following […]

Finance

UK Officially In Recession – Is The U.S. Next?

November 18, 2022 Mariel Alumit

On Thursday, in his Autumn Statement to Parliament, Chancellor of the Exchequer Jeremy Hunt said Britain is now officially in recession, and he unveiled a new economic plan designed to help the island nation, weather […]

International News

Moody’s sees European power prices staying high

November 16, 2022 Mariel Alumit

FRANKFURT, Nov 16 (Reuters) – European power prices are likely to remain high in the medium term, Moody’s Investors Service said in a report on Wednesday, citing technical problems at French nuclear plants, low water […]

inflation
Aljazeera International

UK inflation hits 11.1 percent, highest in 41 years

November 16, 2022 Mariel Alumit

British inflation has accelerated to the highest level for 41 years, driven by soaring energy, food and transport prices in a worsening cost-of-living crisis, according to official data. The Consumer Prices Index hit 11.1 percent […]

Stock
Finance

French Stock Exchange Overtakes UK’s In Valuation The Daily Financial Trends

November 16, 2022 Mariel Alumit

Paris overtook London in the competition to host Europe’s biggest stock market on Monday, according to a new report from Bloomberg. The strong performance by luxury brands like Louis Vuitton and Gucci combined with hopes […]

Finance

Jamie Dimon Says World Primed For Economic Storm – Is Jamie The Next Finacial Market Oracle?

November 12, 2022 Mariel Alumit

JPMorgan Chase CEO Jamie Dimon told Nikkei in an interview that the world was primed for an economic storm, as inflation, monetary tightening, and the war in Ukraine have all fallen into place, and now […]

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