Newsletter Mar 21, 2023

ECHR says it is 'reflecting' on injunction rules amid UK hopes on migrant flights

The European Court of Human Rights said on Monday "reflections" were ongoing as to its use of urgent interim measures but denied this was related to an injunction it imposed last year which stopped Britain's proposed scheme to send migrants to Rwanda.

N.Ireland unionists oppose key part of Brexit trade deal

Democratic Unionist Party (DUP) leader Jeffrey Donaldson welcomed progress on the issue but said "the imposition of EU law" on Northern Ireland had not been resolved.

Uncertainty reigns as Fed considers interest rate hike

Traders and economists remain split on whether the Federal Reserve will raise its benchmark policy rate on Wednesday.

UK minister faces hostile return after Rwanda asylum trip

One of Britain's most senior ministers came under fire Monday for laughing uproariously in front of a future migrant camp and asking for tips on interior design during a trip to Rwanda.

Credit Suisse buyout faces harsh criticism at home

UBS's emergency takeover of its troubled Swiss rival Credit Suisse, with significant backing and arm-twisting from Bern, sparked fears Monday it could weaken the country's biggest bank and financial sector as a whole.

Credit Suisse's buyout by Swiss-rival UBS results in further panic throughout global banking system

Hargreaves Lansdown's Susannah Streeter has spoken on UBS's $3.23 billion purchase of Credit Suisse with the latter having been saved by its domestic rival.

Bitcoin climbs to 9-month high as bank turmoil sparks rally

Bitcoin climbed to a nine-month high on Monday as turmoil in the banking sector drives some investors to turn to digital assets, as the cryptocurrency built on its best week in four years.

Gold flirts with record highs after topping $2000 an ounce

Gold traded at record highs in some currencies on Monday and neared all-time peaks in U.S.

Oil prices stabilize as banking deal eases some worries about crude appetite

Oil prices stabilised on Tuesday after falling early in the previous session on investor worries that recent banking-sector problems would weigh on the global economy and limit demand for crude.

SVB collapse: experts worry that 'fall-out risks spreading' as bank stocks plummet

After Silicon Valley Bank collapsed, the failure of regulatory action to stop declines in bank stocks prompted alarm on both sides of the Atlantic.

EU agrees 2-billion-euro ammunition plan for Ukraine

European Union ministers agreed Monday on a two-billion-euro plan to raid their own arsenals and jointly purchase desperately needed artillery shells for Ukraine.

US, China, Russia argue over North Korea at United Nations

The United States, China and Russia argued during a United Nations Security Council meeting on Monday over who was to blame for spurring North Korea's dozens of ballistic missile launches and development of a nuclear weapons program.

Far-right activists wary of 'trap' after Trump calls for protests

Former President Donald Trump's call to supporters to protest what he said was his imminent arrest provoked conspiracy-fueled debate on far-right social media platforms on Monday, with some supporters fearing an elaborate government trap to arrest them.

TikTok hits 150 million U.S. monthly users, up from 100 million in 2020

TikTok said on Monday the short-video sharing app now has 150 million monthly active users in the United States, up from 100 million it said it had in 2020.

Job seeker confidence 'higher than during the Financial Crash', new research shows

Jobseekers remain optimistic about their job security and career progression prospects, according to the Robert Half Jobs Confidence Index.

Has the global representation of women in the workplace improved in 2023?

Women's representation in the workplace has improved over the years worldwide but still remains weak in certain areas, especially for Asian female employees.

Women in power in 2023: New data shows progress but gender-gap still present

The 67th Session of the Commission of the Status of Women this year pushes for gender equality in the digital age, and the empowerment of women across STEM and Politics.