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News Updates On United States Of America And United Kingdom
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There is no dearth of important information on the global community, ditto news updates on United States of America and the United Kingdom, as could be seen below
Interest Rates Raise Likely Across Europe
Interest rate rise across Europe is likely following the European Central Bank’s policy bids to contain inflationary trends.
And a number of factors is being linked to this, including after effect of the Covid-19 as well as other economic indicators across the 19 countries that make up the economic block, a report in Reuters indicates.
It adds that“The ECB’s forecasts rarely prove accurate but the bank uses them as an input in its decisions because it targets “medium term”, rather than current”, the report said.
The region is still its costs following direct and incidental damages by climate change.
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Nurses Strike Shakes England, Wales & Northern Ireland
Nurses have begun a much feared strike in the United Kingdom drawing immense participation from health professionals across England, Wales and Northern Island.
The strike, under the auspices of the Royal College of Nursing is centered around pay which the health professionals consider unsatisfactory.
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The strike, the first in the 106-year existence of the Royal College is drawing series of concerns and criticisms, with those needing nursing attention most affected.
The authorities’ offer of a 4.75% pay rise, reports indicate, is not acceptable to the striking nurses, and Chancellor Jeremy Hunt is reported as considering sanctions, should the nurses stick to their guns.
News updates on United States and United Kingdom III:
The US Comes Harder On Hi-Tech Sale To China
IF China is thinking of a soft-pedal on United States’ ban of hi-tech sales to it, then it had better think again.
Instead, Washington is considering increasing the scale of bans on commercial exports of advanced United States technology to Beijing.
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The Biden administration considers this move best in checkmating China’s military and hypersonic programmes, a report in the Washington Post has averred.
The Commerce Department had last October, restricted sales of semiconductor Chips to China, a key raw material in the country’s artificial intelligence programme.