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Home News Page 23

News Seventy-seven: Bank will ‘not hesitate’ to raise interest rates after pound’s fall

2022-09-27s20

The Bank of England has said it will “not hesitate” to hike interest rates to curb inflation after the pound fell to a record low against the US dollar. The…

News One Hundred and Six: COP27: The oil project being called a sin

2022-11-10s20

As politicians meet to discuss how to cut carbon emissions, descendants of Southern Africa’s first inhabitants are raising concerns about an oil and gas exploration project. Religious leaders have also…

News Twenty-six: Pound slides to two-year low against the dollar

2022-07-06s20

The pound has fallen to a two-year low against the dollar reflecting traders’ increasing concerns about recession around the world as energy prices continue to soar. But sterling is also…

News Nineteen: Nasa launches first rocket from Australian commercial spaceport

2022-06-27s20

An unassuming patch of red dirt in remote Australia has made history as the site of Nasa’s first rocket launch from a commercial spaceport outside the US. The sub-orbital rocket…

News Twenty-four: Russia moves to take control of Sakhalin-2 oil and gas project

2022-07-04s20

Russia has moved to take over a major oil and gas project in which Shell has a 27.5% stake. Russian President Vladimir Putin signed a decree on Thursday to take…

News Fourty-eight: Argentina rate hiked to 69.5% as inflation hits 20-year high

2022-08-15s20

Argentina’s central bank has raised its main rate of interest to 69.5% as it tries to contain soaring inflation. The bank put up its 28-day benchmark rate by 9.5% percentage…

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