Category Archives: International

Europe Heading For Recession As Inflation Crisis Deepens

The euro zone is almost certainly entering a recession, with surveys today showing a deepening cost of living crisis and a gloomy outlook that is keeping consumers wary of spending. While there was some easing of price pressures, according to the surveys, they remained high. The European Central Bank is under pressure as inflation is… Read More »

Rishi Sunak lost to Liz Truss, who takes over as UK’s new Prime Minister

UK’s new Prime Minister (PM): Liz Truss was elected as the leader of the ruling Conservative Party and the country’s next prime minister. Liz Truss is now the third woman to be elected prime minister of the United Kingdom. By more than 20,000 votes, Liz Truss defeated Rishi Sunak, who is of Indian descent. The… Read More »