Newsletter Jun 21, 2022
Britain set for biggest rail strike in decades

The government and the RMT were engaged in a war of words over the weekend, after the union's general-secretary Mick Lynch said strikes would go ahead as "no viable settlements" had been found to the disputes.


Offshore detention survivors decry UK's Rwanda scheme

Manus-detainee-turned-author Behrouz Boochani has urged the British public to resist plans "to copy the deeply dehumanising asylum policies of Australia".


Britain plans to regulate 'buy now, pay later' lenders

Britain plans to make "buy now, pay later" (BNPL) companies carry out affordability checks, gain approval by the Financial Conduct Authority (FCA) and ensure adverts are fair and clear, the government said on Monday, in measures to regulate the sector.

European stocks rise despite recession worries

Markets were rocked last week by a fierce selloff after the US Federal Reserve's sharp interest rate hike -- the biggest in nearly 30 years -- and a warning of more to come as inflation soars.

EasyJet Cuts More Flights To Try To Manage Disruption

Low-cost airline easyJet said on Monday it was cutting thousands more flights this summer after London Gatwick and Amsterdam airports reduced capacity and it battled staff shortages on the ground and in the air.

Europe May Shift Back To Coal As Russia Turns Down Gas Flows

Europe's biggest Russian gas buyers were racing to find alternative fuel supplies on Monday and even looking at burning more coal to cope with reduced gas flows from Russia that threaten an energy crisis in winter if stores are not refilled.

Crypto industry fears contagion as Bitcoin slips under $20,000

The cryptocurrency industry was on edge on Monday as bitcoin struggled to stay above a key level, with investors fearing that problems at major crypto players could unleash a wider market shakeout.

Analysis-Nerve-racking week leaves bond investors calling for fast rate hikes

A series of surprise actions by some of the world's largest central banks fretting about runaway inflation has left bond investors battered.

IBTimes will always protect your security and privacy. Please read our detailed Privacy Policy. Please do not reply to this email. Click here to adjust your notification preferences or unsubscribe. 
© Copyright 2022 IBTimes LLC. All Rights Reserved.