London CNN Business — UK policymakers are trying to calm markets after a plan by Prime Minister Liz Truss to cut taxes while ramping up borrowing sparked panic among investors worried it could feed inflation and destabilize government finances. The Bank of England said Monday that it is “monitoring developments in financial markets very closely […]
Editor’s Note: A version of this story appeared in CNN’s Meanwhile in China newsletter, a three-times-a-week update exploring what you need to know about the country’s rise and how it impacts the world. Sign up here. CNN — When Russian President Vladimir Putin met with Chinese leader Xi Jinping in Uzbekistan last week, the mood […]
CNN — Two American veterans and five British citizens who had been held by Russian-backed forces for months have been released as part of the prisoner swap between Russia and Ukraine that was brokered by Saudi Arabia. Family members of Americans Alexander John-Robert Drueke and Andy Tai Ngoc Huynh, who were captured in June while […]
Bakhmut, Ukraine CNN — In the ruins of an apartment block tarred with soot and clouded in dust amid constant shelling, a small group of Ukrainian soldiers are face to face with a new type of Russian enemy: mercenaries, some of whom may be convicts sent to the front line. The battle is as heated […]
London CNN Business — Labor unions in the United Kingdom offered the country a brief respite from a wave of strike action during the period of national mourning for the late Queen Elizabeth II. Now, one day after the monarch’s funeral, strikes are back on as workers press their claims for better pay and conditions […]
New York CNN — It took a Queen to shake up this year’s high-level week at the United Nations General Assembly – an annual whirlwind shindig known as UNGA that will begin on Tuesday. The UN gang is finally getting back together in person, after three years of leaders speaking by video due to the […]
CNN — It has been close to six decades since the British monarchy symbolically ruled Singapore, but Queen Elizabeth II’s death still elicited grief and reflection in the Southeast Asian nation. Leading tributes was Singapore’s Prime Minister Lee Hsien Loong, who sent his condolences to British leaders and shared a photograph taken with the Queen […]
London CNN Business — The British pound slumped to a 37-year low on Friday after new data showed that shoppers are pulling back spending as inflation squeezes household budgets, underscoring fears that the economy may already be shrinking. The currency fell below $1.14, its lowest since 1985, after the Office for National Statistics said that […]
Hong Kong CNN — When Chinese leader Xi Jinping and Russian President Vladimir Putin sit down with other Asian leaders at a summit in Central Asia Friday, they will seek to present a united front to counterbalance the United States and its allies. But within their “no-limits” relationship, potential differences over Russia’s faltering invasion of […]
Evening Standard/Hulton Royals Collection/Getty Images King George VI’s coffin is carried through the streets of London before being transported to Windsor Castle for his funeral on February 15, 1952. As the United Kingdom mourns Queen Elizabeth II, only a minority will remember first-hand what life was like the last time the country buried a monarch. […]
