Revised ONS Data Brightens UK Economic Outlook

Revised ONS Data Brightens UK Economic Outlook

Revised ONS Data Brightens UK Economic Outlook - Revised data from the Office for National Statistics (ONS) has provided a more optimistic perspective on the UK's economic performance in the last quarter of 2021. Initial assessments suggested that the UK's economy was 1.2% smaller than its pre-pandemic size, but the updated figures reveal that it was actually 0.6% larger. Expert Insights on Impending Interest Rate Hike Economists and experts are offering insights into the implications of this revised data, particularly in the context of an impending interest rate hike. Thomas Pugh, an economist at RSM UK, expressed surprise at the…
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Ukraine President Zelenskiy to Replace Defense Minister

Ukraine President Zelenskiy to Replace Defense Minister

Ukraine President Zelenskiy to Replace Defense Minister - Ukrainian President Volodymyr Zelenskiy has announced a significant shake-up in the country's defence establishment by firing his defence minister, Oleksii Reznikov, and appointing Rustem Umerov, the head of Ukraine's main privatisation fund, as his replacement. This move marks the most extensive reshuffle in Ukraine's defence leadership since Russia's full-scale invasion of the country in February 2022. President Zelenskiy stated that he will seek parliamentary approval for Umerov's appointment this week, highlighting that Umerov requires no further introduction. The 41-year-old ex-lawmaker and Crimean Tatar have been at the helm of Ukraine's State Property…
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General Nguema is interim president of Gabon

General Nguema is interim president of Gabon

General Nguema is interim president of Gabon - A profound shift in Gabon's political landscape has taken place as General Brice Nguema, the leader of Gabon's military junta, was officially inaugurated as the interim president by the country's constitutional court. The event was broadcast live to the nation, marking a significant turning point in Gabonese politics. The Fall of Long-standing Power Nguema's rise to power followed a recent military coup that led to the removal of President Ali Bongo Ondimba, bringing an end to the Bongo family's decades-long rule. Ali Bongo continued the legacy of his late father, Omar Bongo,…
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