Airbus to expand its assembly lines in China
Airbus is expanding its production capacity in China. In Tianjin, there will be a second assembly line for the A320neo family, in addition to the existing line. A…
Continue ReadingMatthew Weller
Kristalina Georgieva speaks about ‘slowest growth’ since 1990s
The global economy will continue to grow at the lowest rate since the 1990s in the coming years, and this will hurt the poorest countries in particular. There…
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BRICS GDP surpasses G7 and has more potential than the old economies
For the first time in history, the BRICS countries have achieved a greater GDP than the developed economies of the G7. Brazil, Russia, India and China formed the…
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Another Rwanda moment: UK finds an excuse to send Ukrainian refugees back?
UK and Poland want to build temporary villages for displaced Ukrainians. The United Kingdom and Poland are going to build two temporary villages in Ukraine together. The British…
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No more deposits and withdrawals in pounds at Binance
The world’s largest crypto exchange Binance no longer accepts deposits and withdrawals in pounds for customers in the UK. The reason is that the British payment processor Paysafe,…
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Andrew Bailey: The UK banking system remains resilient
The Bank of England maintains that the UK banking system is robust, but admits that any “lasting impact” on banks ‘ financing costs could erode the country’s financial…
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Recession ‘narrowly avoided’, growth is ‘negative’ and other funny euphemisms
The British Chambers of Commerce (BCC) on Wednesday predicted that the country’s economy is on track to contract less than expected this year and avoid the two quarters…
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Small nuclear reactor programme run low on funds
Britain’s Rolls-Royce said its £ 500 million programme for small modular nuclear reactors will run out of money by the end of 2024, jeopardising the development of the…
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The UK goes short on vegetables: what are the reasons?
Due to the bad weather in Spain, the supply of tomatoes, peppers and cauliflower, among other things, is now much less than usual. In British supermarkets, consumers therefore…
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Barclays joins green agenda with the new credit rules
Barclays said Wednesday it is tightening credit criteria for coal – fired power plants and halting funding for oil sands exploration and production, but did not announce new…
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