It’s unclear whether Russia has carried through with the threat, Euronews reported on Saturday. Gazprom is sending gas to Europe via Ukraine at normal levels, Bloomberg reported on Saturday. Nehammer said on Friday that Austria has a secure supply of alternative fuel and that “no one will freeze this winter, no home will be cold.” … Read more
“The EPP Group prides itself in extending its full cooperation” to legal authorities, a spokesperson for Weber and the EPP groups said in a statement to POLITICO said, adding that no external auditors “currently have any open cases of alleged misuse of funds.” Layered inquiry EPPO is in charge of investigating serious crimes affecting the … Read more
Ukraine’s supporters say it’s proof that the body is “fractured” and unable to react to global crises. “Like all multilateral organizations in this day and age, the FATF is fractured in matters of geopolitics,” said Tom Keatinge, the director of the center for finance and security at the Royal United Services Institute. “If international bodies … Read more
New Delhi: In the last three years, digital transactions have surged in such a fashion in India that cash usage, which still accounts for 60 percent of consumer expenditure (as of March 2024) is rapidly declining, according to a paper by the Reserve Bank of India (RBI) economist. Pradip Bhuyan from the Reserve Bank’s department … Read more
Cash for kids Income tax bands will be raised sharply to prune €1.6 billion from payslip deductions, particularly for workers earning less than €44,000 a year, in a system that already taxes lower-paid workers little by international norms. Chambers said the changes would mean workers earning less than €20,000 would pay no income tax at … Read more
Starmer’s leadership, Duffield said, was “more about greed and power than making a difference … I just can’t take any more.” In her resignation letter, published in the Sunday Times, Duffield said Starmer had acted hypocritically by accepting lavish gifts while maintaining a controversial cap on child benefits and slashing winter fuel payments for as … Read more
Investors are increasingly tracking congressional trades as popular Congress members continue to retain high stock market returns amid prolonged economic volatility. California representative and former House Speaker Nancy Pelosi is also known for making highly profitable trades that helped her stock portfolio return over 700% since 2014. While Nancy Pelosi’s husband, Paul, carries out the … Read more
Neil Amin-Smith Neil Amin-Smith | Frazer Harrison/Getty Images for GLAAD He’s a former popstar who’s now the main adviser on financial services policy for Chancellor Rachel Reeves. Neil Amin-Smith, the ex-violinist of chart-topping band Clean Bandit, is the key political person in the Treasury for City policy and for the party’s investment ambitions. He also … Read more
A rich talent pool China is looking to further exploit Russia’s extensive spy network in Europe to advance its own goals, namely splitting EU countries and weakening their relationship with Washington, according to security experts. “These are basically people who for a long time have been coopted by the Russians and then, of late, the … Read more
Nearly half of the employees currently working at “buy now, pay later” startup Klarna could be replaced by AI in the next few years. Klarna CEO Sebastian Siemiatkowski told The Financial Times last week that the company aims to almost halve its workforce within the next few years, from 3,800 people to 2,000. Instead of … Read more
