Lebanon's Attempt to Change Time Zones Causes Chaos
Last week, Lebanon experienced life in two time zones – not for geographic reasons (Russia, after all, has 11), but political ones.
FTX Collapse Brings about Reputational Damage to Singapore’s Temasek
Singapore’s state-owned investment company Temasek has decided to write down the value of its investment in FTX to zero.
The UK Awaits as Sunak and Hunt Announce their Economic Plan for the Country
On Nov. 17, 2022, British Prime Minister Rishi Sunak and Chancellor of the Exchequer Jeremy Hunt will announce the government’s new spending plan.
Economic and Financial Affairs Council Moves Further Away from Russian Dependency
The Economic and Financial Affairs Council of the EU outlined its next steps in phasing out the EU’s reliance on Russian fossil fuels, and adopted several other measures at its meeting on October 4, according to the Council of the EU.
Economic Fears Grow as UK Government Shifts
The British economy is in a serious economic downturn. This trouble comes as the government experiences changes in the top two offices: the monarch and the Prime Minister. Following the death of Queen Elizabeth II on Sept. 8, 2022, her son, King Charles III, has been working to settle into his new role as the country’s figurehead. However, the person many people blame for this downturn is Prime Minister Liz Truss, who took office on Sept. 6, 2022.
