BOE’s Bailey Rejects Calls to Raise Inflation Target Above 2%
Bank of England Governor Andrew Bailey rejected the need for an inflation target higher than 2%, warning that
1970-01-01 08:00
ECB Will Soon Reach Rate Peak at ‘High Plateau,’ Villeroy Says
Sign up for the New Economy Daily newsletter, follow us @economics and subscribe to our podcast. The European
1970-01-01 08:00
Top Egypt Bank Gets $250 Million in Loans With Eye on Green Work
Commercial International Bank SAE, Egypt’s largest private bank, secured $250 million in loans from the World Bank’s International
1970-01-01 08:00
Britain’s Interest Rates Are Spiraling Into a National Obsession
On the same day that UK interest-rate expectations hit the highest since 1998, Bank of England Governor Andrew
1970-01-01 08:00
Who is Ashley Brewer? Former 'SportsCenter' anchor marries NBA center Frank Kaminsky days after ESPN fired her
Under the Mexican heat, Ashley Brewer looked radiant as she wore a magnificent off-the-shoulder, full-skirt white gown during her wedding to Frank Kaminsky
1970-01-01 08:00
One Country’s Covid Restrictions Are Turning Into a Moneyspinner
Most countries couldn’t wait to dismantle travel curbs that were used to contain the coronavirus. Azerbaijan is gaining
1970-01-01 08:00
Ukraine’s 39-Year-Old Arms Chief Ramps Up Production in Face of Missile Hits
Just months after he was tapped to oversee Ukraine’s arms industry, Oleksandr Kamyshin says it produced more mortar
1970-01-01 08:00
Israel Says Iran-Backed Militia Is Setting Up Illegal Outposts
Israel says Hezbollah, an Iranian-backed militia in southern Lebanon, has set up more than two dozen military outposts
1970-01-01 08:00
On This Day in 2012 – Roberto Mancini agrees a new five-year deal with Man City
Roberto Mancini agreed a new five-year contract with Manchester City on this day in 2012. However, just 10 months later the City dream had soured and the title-winning manager wound up being sacked. The Italian manager took charge at the Etihad Stadium in 2009 and helped accelerate the club’s revolution under owner Sheikh Mansour. Mancini was rewarded with a long-term new deal after steering City to their first top-flight title in 68 years, when the Manchester side won the 2011-12 Premier League. Sergio Aguero’s last-ditch winner toppled QPR and saw City edge out rivals and neighbours Manchester United to claim the league crown. Mancini replaced Mark Hughes in December 2009, leading his side to the 2011 FA Cup before swiping the English championship a year later. “I am delighted to be able to give all of my efforts to Manchester City for a further five years,” said Mancini on completing his new extended deal. “The opportunity which exists to build on our recent success is enormous.” Sadly for Mancini, that enormous opportunity for City did not extend to him for much longer. City lost the 2013 FA Cup final 1-0 to Wigan, with the Latics suffering Premier League relegation to sit alongside their cup glory. That proved the final straw for City’s owners, after United had already sewn up the Premier League title with two games to play. Mancini was unseated by City on May 13, 2013 – just two days after that FA Cup final defeat. Assistant Brian Kidd took charge for the final two league games, with United eventually ending with an 11-point margin on second-placed City. Mancini would move on to further club management roles with Galatasaray, Inter Milan and Zenit St Petersburg before claiming Euro 2020 glory as Italy coach. Read More Charity boss speaks out over ‘traumatic’ encounter with royal aide Ukraine war’s heaviest fight rages in east - follow live Day four of third Ashes Test: England chasing 251 for victory at Headingley Wimbledon set for first Ukraine-Belarus clash of this year’s tournament Nasa Hataoka defies Pebble Beach conditions to seize US Women’s Open lead
1970-01-01 08:00
Privatized Britain’s Debt Load Is Now a Major Government Problem
For decades since they were privatized, the UK’s public service providers have favored inflation-linked bonds as a cheap
1970-01-01 08:00
Saudi Oil Cuts Throw Last Year’s Standout Economy Into Slow Lane
Saudi Arabia’s decision to extend its oil production cuts — part of a so far largely unsuccessful bid
1970-01-01 08:00
NBA unveils new in-season tournament set to debut in November
The National Basketball Association on Saturday unveiled the format and groups for its in-season tournament set to debut next season.
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