Foreign Office sources told the Daily Mail that there are fears that taking too strong a line with China could impact on Britain's ability to deal with the pandemic as it relies on the country for vital PPE for frontline workers. … [Read more...] about Former MI6 chief Sir John Sawers warns it will take ‘two or three decades’ before the West can create a rival to Huawei
West end bank
Lurking in the shadows as Carney made his debut were the other big economic themes since the collapse of Lehman Brothers in September 2008: the magnitude and scope of the crisis; the fact that only a handful of politicians and central bankers saw it coming; the rise and fall of global co-operation; the unprecedented policy response with its as yet unknown side-effects; the transformation of a private debt crisis into a sovereign debt crisis; the squeeze on living standards; and the shift in the global economy away from the developed west towards emerging markets. … [Read more...] about Lehman Brothers collapse: five years on, we’re still feeling the shockwaves
Stephany Griffith-Jones, an economist who is an expert on debt crises in developing countries, says: “They have got quite a lot of relief already; but a lot of that money that came to the government has gone to servicing the debt, including to the private banks. It wasn’t really money to help the Greeks. This is exactly like when I used to study Latin America in the 1980s: then, it was American and British banks, now it’s German and French banks.” … [Read more...] about A new idea steals across Europe – should Greece’s debt be forgiven?
The couple have seen their romance blossom and spent the May Day bank holiday together on a romantic day out in London, before AJ headed to Nottingham to perform on the Strictly Professionals tour, according to the publication. … [Read more...] about Strictly’s AJ Pritchard continues to soak up the Greek sun on his first holiday with girlfriend Abbie Quinnen (but he’s brought his PARENTS too!)
'It would be treated as a homicide, if it were to be determined to be a human-caused, criminal fire,' the sheriff said. 'That's the way we're investigating this at this point, because if we don't collect everything at this point, we can't go back and do that.' … [Read more...] about Family of couple who survived Washington wildfire with horrific burns but tragically lost their one year old son detail their harrowing escape and call it a ‘miracle with a tragic ending’