UK central bank intervenes in market to halt economic crisis

LONDON (AP) — The Bank of England took emergency action Wednesday to stabilize U.K. financial markets and head off a crisis in the broader economy after the government spooked investors with a program of unfunded tax cuts, sending the pound … Read More

Bank of England says UK economy recovering faster than first feared

Rise in consumer spending cheers bank but unemployment will double and GDP drop ‘significantly’ The Bank of England building. Photograph: Ray Tang/REX/Shutterstock The Bank of England has said Britain’s economy is recovering more quickly than initially feared from the coronavirus pandemic … Read More

Venezuela’s Nicolás Maduro is denied control of gold in London bank

posted in: News, World News

A British judge said it was unlawful to give it to the socialist leader since Britain recognizes opposition leader Juan Guaidó as the country’s legitimate leader. Venezuela’s President Nicolas Maduro speaks during a news conference at Miraflores Palace in Caracas, … Read More

George Soros’ radical plan to save the EU from its next financial crisis

George Soros has a gift for knowing when social change is coming—and when the cultural and political processes we take for granted are about to collapse. It’s that sensitivity that thrust the wildly successful investor, political activist, and philanthropist into … Read More