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 […]
Washington CNN — Iran has taken “a step backward” with its latest response to a nuclear deal proposal, US Secretary of State Antony Blinken said Monday, calling a near-term agreement “unlikely.” “What we’ve seen over the last week or so in Iran’s response to the proposal put forward by the European Union is clearly a […]
CNN — Kenya’s President-elect William Ruto has told CNN’s Christiane Amanpour that he will work to unify the country following a narrow election win, as well as playing an active role in solving East Africa’s security and humanitarian issues. Speaking on Amanpour’s show in an exclusive interview Wednesday, Ruto said he had already reached out […]
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CNN — Peru is seeing some of its worst violence in decades, which erupted last month following the ousting of former President Pedro Castillo, as protesters who oppose the current government call for political change in the country. In December, a state of emergency was imposed, airports and highways became the site of some clashes, […]
London CNN Business — Rishi Sunak, Britain’s third prime minister in seven weeks, took office on Tuesday with a pledge to fix the “mistakes” of predecessor Liz Truss and tackle a “profound economic crisis.” The task won’t be an easy one, he acknowledged. “This will mean difficult decisions to come,” Sunak said in his first […]
Editor’s Note: Sunder Katwala is the director of British Future, an independent, non-partisan think tank. He was previously general secretary of the Fabian Society think tank and leader writer and online editor at the Observer newspaper. Sunder was born in Doncaster, Yorkshire, to parents who came to Britain from India and Ireland to work for […]