Currency must be defended from democratic interference

After the 2008 financial crisis, when the critical attention shifted from the economy to the most fundamental feature of all market economies, money, 2022, is turning out to be the year that puts the politics back into the monetary policy, with the impending fight for the next Conservative party leader between Rishi Sunak and Liz…

BoE raises interest rates to 1.75% amid cost of living crisis

  The Bank of England’s (BoE) Monetary Policy Committee has announced interest rates are rising from 1.25 per cent to 1.75 per cent. Interest rates have crossed the highest level since December 2008 after the biggest single rise since 1995, favoured by eight of the nine members of the BoE’s Monetary Policy Committee who voted…

Versatappen wins Hungarian Grand Prix

Max Verstappen of Red Bull, took his eighth win in 13 races and his 28th victory after driving from the 10th on the gird, leaving him with an 80-point lead over Leclerc, in the Formula 1 Grand Prix in Hungary. Verstappen passed title rival Charles Leclerc twice. Red Bull’s pit strategy vaulted Verstappen ahead of…