Newsletter Sep 19, 2023

UK govt promises payouts in post office IT scandal

The UK government on Monday announced that every postmaster convicted because of a flawed IT system will be offered hundreds of thousands of pounds (dollars) in compensation.

Stock markets waver before central bank rate decisions

Stock markets wavered on Monday as traders looked ahead to interest-rate decisions this week from the US Federal Reserve and the Bank of England.

Labour vows to renegotiate Brexit deal, Keir Starmer pledges

Although unclear if the EU would be willing to renegotiate the accord, Starmer's pledge is likely to prove popular with many Labour voters, who have been critical of the current Brexit deal.

New £1 billion Government insulation scheme could save families £400 a year

The £1 billion investment will provide grants for homes that have low energy efficiency ratings and are in lower council tax bands.

Unrepentant Truss urges UK govt to cut taxes to boost growth

Former Conservative prime minister Liz Truss on Monday waded in to give the Tory government economic advice, nearly a year after she triggered market turmoil and took the UK to the brink of financial meltdown.

Zelensky takes center-stage at UN summit

Ukrainian President Volodymyr Zelensky will take center-stage Tuesday as world leaders gather for the UN General Assembly, throwing a spotlight on the war that has divided the global body.

UN refugee chief seeks inclusion, not quick fixes, as needs grow

As the world faces an unprecedented number of refugees and a backlash grows in Europe, a top UN official is warning against the political push for quick fixes.

Biden takes political risk with Iran prisoner swap

US President Joe Biden hailed a prisoner swap with Iran as cause for celebration Monday, but Republican criticism makes the deal politically risky ahead of the 2024 election.

President Erdogan asks Elon Musk to build Tesla factory, according to Turkish media

The Turkish president is believed to have made the request whilst in the US for the United Nations General Assembly.

Elon Musk says X will fight for maximum freedom of speech under the law

Elon Musk has reaffirmed commitment to free speech on X (F.K.A. Twitter) while warning employees against compromising it.

Taiwan asks China to stop its 'military harassment'

Taiwan has claimed that as many as 103 Chinese warplanes flew towards the island in a new daily high.

The US follows in Europe's footsteps as it targets Google in biggest American antitrust case in decades

Whilst the case focuses on Google's monopoly over online search, other areas of the business are being scrutinised as well on both sides of the Atlantic.

UK carmakers hope for delay to post-Brexit tariff

The UK carmaking industry is hopeful of a postponement in a provision in the nation's post-Brexit EU trade treaty, which will otherwise impose a 10-percent tariff on electric vehicles.

New software updates from Apple include iOS 17 ahead of imminent iPhone 15 launch

As well as releasing the latest iOS upgrade, Apple is rolling out the newest updates for its other operating systems, iPadOS and watchOS.

iPhone 15 series: Delivery dates in India delayed

The standard iPhone 15 and iPhone 15 Plus models are relatively easily available with a maximum delay of only one to two weeks in India.

US and Iran Prisoner Exchange Deal is Actually Worth $6 Billion

The US and Iran prisoner exchange will free $6 billion in Iranian oil revenue held in South Korea, with both countries discussing a possible arrangement that would seek to place some limitations on Iran's expanding nuclear program.

Additional expenses for tourists in Greece as country increases 'stayover tax'

Greece is one of the most visited countries in Europe, especially during the summer months.