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BBCNEWS BBC News July 7, 2024

russia after the kremlin held unofficial referendums. referendums. the bank of england has stepped in to prop up the government bond market after uk interest rates soared and gilts tumbled following the government s mini budget. the bank warned the market s reaction to the government s measures now represented a material risk to uk financial stability. it says the market for gilts, in which the british government borrows, has become dysfunctional and threatens the finances of uk households and businesses. investors fear the big market moves are a particular threat to the uk s pension funds and threaten spill over damage across the financial sector. here s our economics editor, andy verity. ever since last friday, the bank of englands governor andrew bailey has been trying to resist taking emergency measures following kwasi kwarteng s huge tax cuts to be funded by borrowing. but now the cost of borrowing on financial markets has forced him to. in an emergency statement, the ba ....

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Palestinian surgeon Ghassan Abu Sittah travel ban overturned

Palestinian surgeon Ghassan Abu Sittah travel ban overturned
newarab.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from newarab.com Daily Mail and Mail on Sunday newspapers.

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The Hindu on Books | Remembering Maryse Condé, reading 'Code Dependent', 'Technofeudalism' and more

The Hindu on Books | Remembering Maryse Condé, reading 'Code Dependent', 'Technofeudalism' and more
thehindu.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thehindu.com Daily Mail and Mail on Sunday newspapers.

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The Hindu on Books | Remembering Maryse Condé, reading 'Code Dependent', 'Technofeudalism' and more

The Hindu on Books | Remembering Maryse Condé, reading 'Code Dependent', 'Technofeudalism' and more
thehindu.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thehindu.com Daily Mail and Mail on Sunday newspapers.

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BBCNEWS BBC News June 4, 2024 13:06:00

Government has clearly lost control of the economy and unlike other situations where there may be an event that causes this crisis, this is self inflicted, it was made in downing street last friday, and for what? for uncosted tax breaks for those earning hundreds of thousands of pounds, so what the government needs to do now is recall parliament and abandon this budget before any more damage is done. the us treasury secretary expressed american concern. we can now talk to yaris varoufakis, the former greek finance minister during the country s bailout crisis in 2015. do you feel any sympathy at all with the british government? plane ....

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