- The Nobel Peace Prize for this year has been given to Ales Bialiatski (Belarus rights activist), the Memorial Russian Group and Center for Civil Liberties in Ukraine. Berit Reiss – Andersen, chaired of the Norwegian Nobel Committee, announced Friday Oslo’s winner. Monday marked the start of a week of Nobel Prize announcements. The award in […]
- The UK Prime Minister Liz Truss abandoned a plan to reduce taxes for the highest-earning earners 10 days after it was announced. This was in an effort to stop a growing rebellion from members of Parliament within her Conservative Party. Kwasi Kwarteng the Chancellor of Exchequer, announced the decision early Monday in a tweet, saying “we […]
- The Indian rupee has collapsed significantly to 81.89 a dollar. This is a huge depreciation from its value of 68.27 just a month ago. The reasons for this are many, but the primary one seems to be the escalating trade tensions between the United States and China. As these two countries are major trading partners […]
- A cannibal ejection of highly energetic and magnetized, superheated gas is rushing towards the Earth, and there is a 10% chance that it will result in generating X-class flares when it makes contact with the planet on Thursday. This is a key event that has the ability to disrupt GPS systems and trigger radio communication […]
- Due to growing expectations that central banks would raise interest rates to combat runaway inflation, the selloff took place as Asian equity markets fell again. Officials from several countries, including the United States of America, Britain, Switzerland, and Sweden, announced further increases in borrowing costs. These moves sent equity market prices into the red once […]
- Chipmakers AMD and Nvidia have lost shares amid fears about US restrictions on selling artificial intelligence chips in China. Nvidia states that the US government must issue a new licence immediately in order to reduce the risk of chips being used or diverted for military end uses in China or Russia. There are concerns that […]