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The UK lifted a moratorium on fracking for shale gas amid the energy crisis. Jae C. Hong/AP Photo The UK lifted a temporarily ban on fracking amid the ongoing energy crisis. It had temporarily banned fracking over fears of earthquakes from the shale-gas extraction process. UK energy bills are expected to be 80% higher in […]
Jeremy Corbyn has said a second Scottish independence referendum is “not necessary or desirable”. The Labour leader spoke out after SNP leader Nicola Sturgeon claimed he would agree to hold another vote on Scotland leaving the UK if he becomes Prime Minister. In response, Mr Corbyn said: “Labour does not support independence for Scotland and […]
The heated debate began when Piers Morgan asked the Scottish National Party (SNP) leader about her ambitions to rejoin the EU if Scotland voted for independence. The ITV Good Morning Britain host said: “Hypothetically if you won a referendum and Scotland votes outright and becomes its own entity, I think it is going to be […]
The head of the schismatic Ukrainian Orthodox Church of Kiev Patriarchate expressed his gratitude to the ex-CIA associate director, acknowledging his support for the church’s break with Moscow. Patriarch Filaret presented former CIA Associate Director Jack Devine with the Order of St. Andrew, the church’s highest decoration, local media reported on Thursday. The cleric thanked […]
Protesters tried to break the gates of local eparchy chief’s residence in southeastern Ukraine. The group was angry over his opposition to the split from the Russian Orthodox Church. Demonstrators descended on the residence of Metropolitan Ephraim in Kryvyi Rih on Saturday, according to Ukrainian Orthodox Church website. The statement described the group, comprised of […]
The cash-strapped government is threatening to gut the RBI
CENTRAL BANKERS are not normally fiery types. But on October 26th Viral Acharya, the deputy governor of the Reserve Bank of India (RBI), brought a dispute between it and India’s government into the open with a flaming speech. Mr Acharya said that “governments that do not respect central-bank independence will sooner or later incur the […]
In a low-inflation world, links between governments and monetary policymakers need rethinking
THE FEDERAL RESERVE has heard worse. But when the president complains that it has gone “crazy” by tightening monetary policy, as Donald Trump did on October 10th, Americans fret that another norm is about to be overturned. An independent central bank is considered a pillar of a modern economy; presidents are supposed to mutter any […]
Edinburgh’s streets turned blue on Saturday as tens of thousands of Scots marched to demand independence. The high attendance is in defiance of London’s insistence that there is no “appetite” for independence in Scotland. Marching under the slogan of ‘All Under One Banner,’ the campaign hopes to unite Scots of different political stripes to advocate […]
