Newsletter Aug 15, 2022
Britain's opposition Labour Party to demand energy price cap freeze

Britain's main opposition Labour Party will call for the energy price cap to be frozen this autumn, a party source said, to help the public deal with another expected surge in energy bills during the worst cost-of-living crisis in decades.


 
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Cash-strapped Britons give up pets as living costs soar

Stood on her hind legs to greet any prospective owner who might approach her glass-doored kennel, Harriet is a black English cocker spaniel abandoned as a deepening cost-of-living crisis pushes growing numbers of Britons to part with their pets.


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BoE to deliver another bumper 50 bps lift in Sept as prices soar: Reuters poll

The Bank of England will deliver another bumper 50 basis points (bps) increase to borrowing costs next month but then slow the pace to a more regular 25 basis point rise in November before pausing, a Reuters poll forecast.

Oil prices ease as Aramco says ready to boost crude output

Oil prices dropped for a second session on Monday after the head of the world's top exporter, Saudi Aramco, said it is ready to ramp up output while production at several offshore U.S.

Drought: heavy rain now might be a serious problem for the UK's parched landscape

Coupled with dry, baked soils which are particularly vulnerable to creating fast runoff, the heavy, localised downpours that accompany thunderstorms can cause flash flooding.

Caste in California: Tech giants confront ancient Indian hierarchy

America's tech giants are taking a modern-day crash course in India's ancient caste system, with Apple emerging as an early leader in policies to rid Silicon Valley of a rigid hierarchy that's segregated Indians for generations.

Russian forces pound Ukraine's Donetsk region

Ukrainian forces reported heavy Russian shelling and attempts to advance on several towns in the eastern region of Donetsk that has become a key focus of the near six-month war, but said they had repelled many of the attacks.

Has blockchain found a use beyond crypto trading?

Blockchain at heart is a ledger, a way of storing transactions that is -- according to fans -- secure, transparent and permanent.

Taliban mark turbulent first year in power

For ordinary Afghans -- especially women -- the return of the Taliban has only increased hardships.

Famous clubs battle for Champions League group slots

Returning to the group stage this year offers a hefty reward. Each club is guaranteed 15.64 million euros ($16.04 million) for taking part.

 
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