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Monday, December 5, 2022
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Iran enriching uranium to 60% purity at Fordo site

Iran has begun producing enriched uranium at 60% purity at the country’s underground Fordo nuclear plant, official media reported on Tuesday, describing it as...

Market Snapshot: Stocks mixed moves following rate hikes

The Bank of England (BoE) and US Federal Reserve raised their interest rates by 75 bps last week. European equities rose in value, whilst...

Rate hikes continue – ECB raises rates by 0.75%

The ECB raised its key policy rate by 75bps from 0.75% to 1.59%, reaching its highest level since 2009. The ECB also made changes to...

Central banks under stress as bond yields rise

The Bank of England (BoE) revealed measures taken to further ease the strain on pension funds. These decisions followed after increased pension fund stress...

Sweden says Baltic Sea pipeline leaks probe ‘strengthens sabotage suspicion’

Sweden’s domestic security agency has said its preliminary investigation of leaks from two Russian gas pipelines in the Baltic Sea “has strengthened the suspicions...

Opec+ makes big oil cut to boost prices

The Opec+ alliance of oil-exporting countries has decided to sharply cut production to support sagging oil prices. Energy ministers meeting at the Vienna headquarters of...

German energy giant RWE to end coal use by 2030

German energy giant RWE has said it will phase out the burning of coal by 2030, saving 280 million metric tons of climate-changing greenhouse...

Denmark reports leak in gas pipeline in Baltic Sea

Denmark’s maritime authority says a gas leak dangerous to shipping traffic has been observed in a pipeline leading from Russia to Europe underneath the...

Markets in deep waters as pound reaches record lows

London UK financial markets took a hit today as investors worried that the country's largest tax cut in over a decade could send inflation soaring. The...

Bitcoin Sees Another 7% Fall

Cryptocurrencies have had another sudden downturn with a fall on Friday plunging Bitcoin by a 7.7% fall to $21,404 making this a 3-week low....

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