Bank of England considering introduction of digital currency
The Bank of England has launched a consultation on the creation of a digital British currency, the London Standard reports. If introduced, the new British pound would have intrinsic stable value and would be issued by the Bank of England, not the private sector.
UN atomic watchdog: Iran further increasing stockpile of highly enriched uranium
The UN atomic watchdog said Thursday it believes that Iran has further increased its stockpile of highly enriched uranium and criticized Tehran for continuing to bar the agency’s officials from accessing or monitoring Iranian nuclear sites.
Russian Missiles Destroy Ukraine’s Infrastructure After Crash
Russian missiles crashed into infrastructure targets across Ukraine Tuesday, leaving many without electricity and running water ahead of winter in the wartorn nation.
British Chancellor Sacked After Disastrous Tax Plan
Britain’s embattled Prime Minister Liz Truss fired her Finance Minister Kwasi Kwarteng on Friday and deleted parts of their economic package in a desperate bid to stay in power and reassure markets after financial turmoil.
‘Nearly doubled’ foreign investment in U.S. farmland comes under scrutiny
A coalition of 130 lawmakers sent a letter to a top federal watchdog raising the alarm about a spike in foreign ownership of U.S. farmland.
Britain Cancels High Income Tax Cut After Pound Troubles
Britain’s government has dropped plans to cut income tax for top earners, part of a package of unfunded cuts that sent the pound to record lows.
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