Domestic Affairs
PM abandons Kami-Kwasi plan for taxes
Prime minister Liz Truss withdrew at eleven o’clock under great pressure the abolition of the highest tax rate. Yet its economic policies of growth, low taxes and deregulation…
Continue ReadingScottish PM is confident of 2023 cessation vote
Scottish Prime Minister Nicola Sturgeon is confident a referendum could take place next year. The highest court in the United Kingdom is considering from Tuesday whether this plebiscite…
Continue ReadingArkady Sarkisyan, Oleg Deripaska’s MP with taste for raids
Sarkisyan Arkadiy Rafikovich, aka Arkady Sarkisyan is a Russian MP tightly tied to Oleg Deripaska, a troubled sanctioned aluminium tycoon. In fact, Arkady Sarkisyan or Arkady Sargsyan was…
Continue ReadingDemand for EV’s boosted car sales, still far from pre-COVID years
Demand for electric vehicles contributed to a 4.6% increase in new car registrations in the UK in September. According to the Society of Motor Manufacturers and Traders (SMMT),…
Continue ReadingFood market reacts on pound depreciation
The British Finance minister, Kwasi Kwarteng, announced a “mini-budget” on September 23, as a result of which the British pound against the dollar reached a historic low, listing…
Continue ReadingIMF damns PM’s plan to make rich get richer and the poor get poorer
The International Monetary Fund (IMF) has issued a damning judgment on the tax plan presented by the new British government on Friday. The UN monetary Cooperation Organization says…
Continue ReadingKwasi Kwarteng and the pile of unorthodox decisions
Kwasi Kwarteng, the new finance minister in the UK, wants to reduce taxes in his country by 45 billion pounds. The aim is to boost purchasing power and…
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