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☆ U.K. Inflation Drops Sharply, Likely Ending Rate Hikes
▼ + stars: | 2023-11-15 | by ( Paul Hannon | ) www.wsj.com time to read: 1 min

Despite cooling inflation, the Bank of England last month said it is too soon to think about cutting interest rates. Photo: daniel leal/Agence France-Presse/Getty ImagesLONDON—The U.K.’s annual rate of inflation fell more sharply than expected in October as household energy prices tumbled, the latest sign that a two-year surge in consumer prices across Europe is running out of steam as the continent’s economy flatlines. News of that decline followed Tuesday’s report of a drop in the U.S. inflation rate and added to investor confidence that the leading central banks are done raising their key interest rates—and are likely to start paring back lending rates in 2024, helping the economy. In the U.S., the inflation rate fell to 3.2% in October from 3.7% in September.

Persons: daniel leal Organizations: Bank of England, Agence France Locations: Europe, U.S

☆ Mark Zuckerberg ignored top executives' calls for improved teen wellbeing and vetoed removal of cosmetic surgery filters, lawsuit claims
▼ + stars: | 2023-11-09 | by ( Pete Syme | ) www.businessinsider.com time to read: +4 min

It claims that Mark Zuckerberg ignored global affairs boss Nick Clegg's calls for more investment in teen wellbeing. It also says he vetoed work to ban cosmetic surgery filters that experts said were harmful to mental health. AdvertisementAdvertisementMark Zuckerberg ignored top Meta executives' requests to tackle child safety concerns, according to a lawsuit filed by the Massachusetts attorney general. AdvertisementAdvertisementClegg added that its current wellbeing work was "both understaffed and fragmented," according to the complaint. But the suit says that Zuckerberg "ignored Clegg's request for months" while Meta's leadership continued to publicly advocate for the need to invest in wellbeing.

Persons: Mark Zuckerberg, Nick Clegg's, —, Meta, Nick Clegg, Clegg, Zuckerberg, DANIEL LEAL, Adam Mosseri, Andrew Bosworth Organizations: Meta, Service, Injury, Getty Locations: Massachusetts

☆ Congress Must Aid Fight Against Illicit Use of Crypto, Treasury Official Says
▼ + stars: | 2023-11-08 | by ( Richard Vanderford | ) www.wsj.com time to read: 1 min

Deputy Treasury Secretary Wally Adeyemo. Photo: daniel leal/Agence France-Presse/Getty ImagesA senior Treasury Department official said the Biden administration wants new powers from Congress to aid in a crackdown on the illicit use of cryptocurrencies, citing digital asset flows allegedly connected to Palestinian militant group Hamas. Treasury has been in communication with Democrats and Republicans about actions that they could take, Deputy Treasury Secretary Wally Adeyemo said Tuesday in Washington at the annual meeting of the Securities Industry and Financial Markets Association, a trade group.

Persons: Wally Adeyemo, daniel leal, Biden Organizations: Agence France, Treasury Department, Hamas, Treasury, Securities Industry, Financial Markets Association Locations: Washington

Paris CNN —King Charles and Queen Camilla have just wrapped up their long-awaited state visit to France, spending their final day in the southwest of the country. The royal trip to France has been seen by many as a continuation of the two neighbors' efforts to reset relations in a post-Brexit world. French President Emmanuel Macron rolled out the red carpet for King Charles III. Another element that looks likely to become a staple of state visits from King Charles is the focus on green issues. Throughout the trip, French news broadcasters went into daily special programming, with their commentators dissecting every move in their hours-long coverage.

Persons: Paris CNN — King Charles, Queen Camilla, Charles, Camilla, Daniel Leal, It’s, Queen, Emmanuel Macron, Charles ’, King Charles III, Christian Liewig, Russia’s, Ian Vogler, King Charles, Samir Hussein Organizations: CNN’s Royal, Paris CNN, Royal Navy, Getty, Paris, Palais du, Berlin’s Bundestag, French Locations: Paris, France, Bordeaux, Britain, Germany, British, Triomphe, Palais, Palais du Luxembourg, –, France's, AFP

☆ King Charles makes historic speech at French senate
▼ + stars: | 2023-09-21 | by ( Lauren Said-Moorhouse | ) edition.cnn.com time to read: +6 min

When his late mother, Queen Elizabeth II, visited in 2004, she made her speech from the adjoining Salle des Conferences. Queen Camilla plays table tennis during a visit to France's national stadium and venue for next year's Olympic Games. Hannah McKay/Pool/AFP/Getty ImagesQueen Camilla delivers a speech next to French President's wife Brigitte Macron at the national library in Paris. Queen Camilla and King Charles III are welcomed by French President Emmanuel Macron and Brigitte Macron to a state dinner in Versailles on September 20, 2023. Christian Liewig/Corbis/Getty ImagesBritain's King Charles with the French first lady Brigitte Macron at the Palace of Versailles, west of Paris, on Wednesday.

Persons: Paris CNN — King Charles III, ” Charles, Queen Camilla, Emmanuel Macron’s, Queen Elizabeth II, Charles, King ”, King –, “, ”, Russia’s, France's, Emmanuel Dunand, Brigitte Macron, Camilla, l’Entente, Denis, Hannah McKay, Bertrand Guay, Macron, Hugh Grant, Charlotte Gainsbourg, Emma Mackey, Mick Jagger, Arsene Wenger, French King Louis XIV, King Charles III, Emmanuel Macron, Christian Liewig, King Charles, Daniel Leal, Rishi Sunak’s Organizations: Paris CNN, Palais du, Rugby, National Assembly, Getty, Senate, Bibliotheque Nationale de, Notre Dame, Twitter, Mirrors Locations: France’s, France, Paris, Bordeaux, Salle, Ukraine, Europe, Palais du Luxembourg, United Kingdom, Bibliotheque Nationale de France, French, Franco, British, Saint, Paris ’, Notre, of Versailles, Versailles

☆ Factbox: Horizon project: Which EU science schemes has Britain joined?
▼ + stars: | 2023-09-07 | by ( ) www.reuters.com time to read: +2 min

Daniel Leal/Pool via REUTERS/File Photo Acquire Licensing RightsLONDON, Sept 7 (Reuters) - Britain on Thursday said it would join the European Union's flagship Horizon science research programme and its Copernicus earth observation programme, but not the Euratom nuclear research initiative. HORIZON EUROPEHorizon Europe is the EU's key funding programme for scientific research and innovation with a budget of 95.5 billion euros ($102.3 billion). It has five main missions: Adapting to climate change, making climate neutral cities, combating cancer, and restoring oceans and soil. COPERNICUSCopernicus, previously known as GMES (Global Monitoring for Environment and Security), is the Earth observation component of the EU'S Space programme. EURATOMThe EU describes the Euratom Research and Training programme as a "complementary funding programme to Horizon Europe" covering nuclear research and innovation, using the same instruments and participation rules.

Persons: Rishi Sunak, Daniel Leal, COPERNICUS Copernicus, Nicolaus Copernicus, Euratom, Alistair Smout, John Stonestreet Organizations: Britain's, Kent Scientific Services, European Union's, Environment, Security, EU, Research, Thomson Locations: West Malling, Kent, Britain, European, Europe

☆ Britain rejoins EU's Horizon science programme in further boost for ties
▼ + stars: | 2023-09-07 | by ( Alistair Smout | ) www.reuters.com time to read: +3 min

Britain's Prime Minister Rishi Sunak during a visit to Kent Scientific Services in West Malling, Kent, Britain, May 30, 2023. The agreement, which excludes the EU's Euratom nuclear research scheme, signals a further improvement in bilateral relations seven months after a row over trade was resolved. Prime Minister Rishi Sunak's office said in a statement he had secured "improved financial terms of association" with the Horizon project. "This is the right deal for the UK, unlocking unparalleled research opportunities, and also the right deal for British taxpayers," Sunak said. Sunak's office said Britain would also associate with the European earth observation programme Copernicus, but not with the EU's Euratom programme, instead choosing to pursue a domestic fusion energy strategy.

Persons: Rishi Sunak, Daniel Leal, Sunak, Copernicus, Rishi Sunak's, Ursula von der Leyen, Alistair Smout, Kylie MacLellan, Elizabeth Piper, John Stonestreet Organizations: Britain's, Kent Scientific Services, REUTERS Acquire, EU, LONDON, Union's, Horizon, Twitter, Northern Ireland, Thomson Locations: West Malling, Kent, Britain, Horizon Europe, Europe, EU

☆ The UK once vowed to be a global climate leader. Now Rishi Sunak is stoking a culture war on green policies
▼ + stars: | 2023-08-01 | by ( Rob Picheta | ) edition.cnn.com time to read: +8 min

Since becoming prime minister, critics say he has diminished the UK's standing as a leader on the climate. A Just Stop Oil protester disrupts a match at July's Wimbledon Championships. Foreign Office minister Zac Goldsmith resigned in June, lambasting Sunak’s climate policies. A North Sea oil rig off the coast of Scotland. Sunak's decision to expand drilling in the North Sea was criticized by climate experts.

Persons: Boris Johnson, Queen Elizabeth II, Rishi Sunak’s, Sunak, DANIEL LEAL, ” Luke Murphy, they’ve, Murphy, ”, “, We’ve, ” Murphy, Steve Tuckwell, Tuckwell, Hannah Mckay, Grant Shapps, Keir Starmer, ” Tim Bale, “ Uxbridge, ” Bale, Sadiq Khan, Khan nodded, Rishi Sunak, Zac Goldsmith, Chris Skidmore, ” Skidmore, – Organizations: London CNN, Telegraph, Getty, CNN, Conservative Party, Conservatives, Labour Party, July's Wimbledon, Reuters, Energy, Queen Mary University in, “, Office, National Statistics, London’s, Foreign, Conservative, Uxbridge Locations: Britain, Glasgow, North, Sunak, Uxbridge, London, Queen Mary University in London, Europe, lambasting, Scotland

☆ A CEO quits and the BBC apologizes to Trump ally Nigel Farage. A banking scandal erupts in Britain
▼ + stars: | 2023-07-26 | by ( Elliot Smith | ) www.cnbc.com time to read: +9 min

Alison Rose, NatWest chief executive, (right) departs 10 Downing Street in London, after meeting with Chancellor Jeremy Hunt. Prime Minister Rishi Sunak and several members of his Conservative government issued statements condemning the bank and characterizing the termination of Farage's account as an affront to free speech. Farage was offered an alternative account at regular main street bank NatWest, but declined. His critics maintain that although frequent references are made to Farage's political profile and controversial views, the reasons outlined for allowing the banking relationship to lapse were primarily commercial, and he was not "de-banked" as he claims. Without the mortgage, the bank indicated that Farage's account value would fall below its commercial criteria.

Persons: Jonathan Bachman, Alison Rose, Nigel, Coutts, Rose, Danni Hewson, AJ Bell, Farage, Coutts —, Chancellor Jeremy Hunt, James Manning, Rishi Sunak, Nigel Farage, —, DANIEL LEAL, Donald Trump, Vladimir Putin, Frances Coppola, Coppola, Dave Rushen Organizations: Getty, LONDON, NatWest, BBC, UBS, Conservative, Brexit Party, Independence Party Leader, U.K, Independence Party, UKIP, Sky News, NatWest Group, Company Locations: London, U.K, inclusivity, Leicester, British

☆ Wimbledon: Novak Djokovic battles past Andrey Rublev to reach semifinals
▼ + stars: | 2023-07-11 | by ( Matias Grez | ) edition.cnn.com time to read: +3 min

CNN —Novak Djokovic had to be at his very best to get past Andrey Rublev on Tuesday, winning 4-6 6-1 6-4 6-3 in a thrilling clash to reach the Wimbledon semifinals. However, as is so often the case when players face the imperious Djokovic, Rublev was unable to maintain the same quality and intensity as the Serb ran away with the second set. Andrey Rublev still hasn't reached a grand slam semifinal. Novak Djokovic and Andrey Rublev embrace after their thrilling clash. Djokovic, who now hasn’t lost on Wimbledon’s Center Court for a decade, certainly agrees with his daughter’s analysis of Rublev.

Persons: CNN — Novak Djokovic, Andrey Rublev, Rublev, Djokovic, hasn't, Julian Finney, Roger Federer’s, he’s, “, ” Djokovic, “ It’s, I’m, Novak Djokovic, Daniel Leal, Tara, Tara Djokovic’s, hasn’t, that’s, ”, –, Björn Borg – Organizations: CNN, Wimbledon, BBC, Wimbledon’s

☆ Coco Gauff suffers shock first round defeat at Wimbledon amid mixed results for other US players
▼ + stars: | 2023-07-04 | by ( Ben Morse | ) edition.cnn.com time to read: +4 min

CNN —Coco Gauff suffered a shock defeat in the first round of Wimbledon on Monday, whilst there were mixed results for her US compatriots elsewhere at the third grand slam of the year. Gauff, 19, did battle back to take a hard-earned second set but was blown away by world No. I feel like I have been working hard, but clearly it’s not enough.”Kenin will face 21-year-old Xinyu Wang in the second round. Gauff and Kenin were two of 19 US players in the women’s draw at Wimbledon. 4 seed, failed to convert three match points in the second set tie-break as both players dealt with windy conditions.

Persons: Coco Gauff, Gauff, Sofia Kenin, Kenin, “, ” Gauff, ”, Wang, Jessica Pegula, Lauren Davis, Rob Newell, CameraSport, Pegula, Spain’s Cristina Bucșa, Venus Williams, Ukraine’s Elina Svitolina, Williams, Elina Svitolina, Daniel Leal, “ You’re, I’ve, “ I’ve, It’s Organizations: CNN, Wimbledon, Getty

CNN —Prince Louis, the youngest child of the Prince and Princess of Wales, has undertaken his first royal engagement at the age of five. The Wales family joined the scouts to renovate their scout hut. Prince George, nine, and Princess Charlotte, eight, were seen painting a porch. Prince Louis, dressed in blue shorts and a blue polo shirt, joined his father on a digger and helped fill a wheelbarrow with sand. Prince Louis pushed a loaded wheelbarrow while his mother and sister -- the Princess of Wales and Princess Charlotte -- watched on.

☆ ‘Beginning of the end’ for fossil fuels: Global wind and solar reached record levels in 2022, study finds
▼ + stars: | 2023-04-12 | by ( Sophie Tanno | ) edition.cnn.com time to read: +3 min

Levels of planet-heating pollution from fossil fuel electricity generation may have already peaked, the report found. Ina Fassbender/AFP/Getty ImagesEmber analyzed data from 78 countries representing 93% of global demand for electricity, for the fourth edition of its annual Global Electricity Review. Nearly 40% of global electricity is now powered by renewables and nuclear energy, marking a new record high, according to the report. Wind and solar made up 12% of global energy generation in 2022, up from 10% the previous year. Coal power remained the single largest source of electricity across the globe, accounting for 36% of global electricity production in 2022.

☆ London is handing out free meals for all primary school children
▼ + stars: | 2023-02-20 | by ( Hanna Ziady | ) edition.cnn.com time to read: +3 min

London CNN —London’s mayor has announced an emergency program to provide free meals for all children attending state primary schools in the capital, adding to a string of fresh evidence that Brits are struggling to afford necessities. “The cost-of-living crisis means families and children across our city are in desperate need of additional support,” Sadiq Khan, who himself received free school meals as a child, said in a statement Monday. A quarter of all London pupils, including those in high school, already qualify for free school meals according to national criteria largely based on household income, according to official data. This number tallies with an estimate by the Child Poverty Action Group that about 210,000 children living in poverty in London don’t qualify for free school meals because the eligibility criteria are “so restrictive.”Children eat lunch at St Mary's RC Primary School in Battersea, south London, on November 29, 2022. Daniel Leal/AFP/Getty Images/FILEThere was further evidence Monday that more and more Brits are struggling to afford food and electricity as inflation, which is near its highest level in four decades, erodes wages and welfare payments.

☆ Big Oil rakes in record profit haul of nearly $200 billion, fueling calls for higher taxes
▼ + stars: | 2023-02-08 | by ( Sam Meredith | ) www.cnbc.com time to read: +4 min

Exxon Mobil's 2022 haul of $56 billion marked a historic high for the Western oil industry. Chicago Tribune | Tribune News Service | Getty ImagesThe West's five largest oil companies raked in combined profits of nearly $200 billion in 2022, intensifying calls for governments to impose tougher windfall taxes. Altogether, the five Big Oil companies reported combined profits of $196.3 billion last year, more than the economic output of most countries. His comments came shortly after Shell reported its highest-ever annual profit of nearly $40 billion, comfortably surpassing its previous record of $28.4 billion in 2008. watch nowThe CEO of Saudi Aramco, the world's largest energy company, has previously warned about the dangers of pressuring oil companies through higher taxes.

☆ Ukraine's heavy artillery, not high-tech anti-tank missiles, is what stopped Russia's rush to Kyiv, experts say
▼ + stars: | 2022-12-21 | by ( Michael Peck | ) www.businessinsider.com time to read: +7 min

Coverage of the fighting often focused on the role of anti-tank missiles in stopping that advance. Many people believe the initial Russian offensive was halted in large part by Ukraine's diverse arsenal of anti-tank missiles. This was enough to pin down Russian armor, hit targets of opportunity, and engage Russian tanks from beyond the range their cannons. However, "delivering large volumes of fire against concentrated units is best achieved by artillery," Watling said. Many Russian tanks — and Ukrainian tanks, which are upgraded Soviet-era designs — are designed to fire anti-tank guided missiles from their cannons.

☆ Prince Harry says Prince William screamed and shouted at him in new record-breaking Netflix documentary
▼ + stars: | 2022-12-15 | by ( Karen Gilchrist | ) www.cnbc.com time to read: +5 min

IN Netflix's "Harry & Meghan" documentary, Prince Harry recalls being screamed and shouted at by his brother, William, the Prince of Wales, during a family summit. Netflix on Thursday dropped three further episodes in the six-part series it bills as an "unprecedented and in-depth" documentary. The second installment, however, has proved more explosive with seeming revelations about the events leading up to the couple's ultimate decision to step down from the royal family in 2020. "You have to understand that from the family's perspective, and especially from hers, there are ways of doing things," Harry says, referring to the Queen. Netflix's series about Prince Harry and Meghan has become the streaming giant's biggest documentary debut yet.

☆ 'Harry & Meghan' becomes Netflix's biggest-ever documentary debut
▼ + stars: | 2022-12-14 | by ( Karen Gilchrist | ) www.cnbc.com time to read: +1 min

In this article NFLX Follow your favorite stocks CREATE FREE ACCOUNTNetflix's series about Prince Harry and Meghan has become the streaming giant's biggest documentary debut yet. Daniel Leal | Afp | Getty ImagesNetflix's documentary series about Britain's Prince Harry and his wife, Meghan, the Duchess of Sussex, has become the streaming platform's biggest documentary debut yet. "Harry & Meghan" racked up 81.55 million viewing hours globally within its first four days of release, Netflix said Tuesday. By comparison, season five of "The Crown," now in its fifth week of release, recorded 18.9 million views over the week. "Harry & Meghan" is one of a series of programs the pair is producing under a commercial deal with Netflix.

☆ Harry and Meghan renew clash with British royals, media in Netflix doc
▼ + stars: | 2022-12-08 | by ( Henry Austin | Henry Austin Is A London-Based Editor For Nbc News Digital. | ) www.nbcnews.com time to read: +9 min

Prince Harry with Meghan Markle appeared in public together for the first time at the Invictus Games in Toronto. Aside from showing the story of their courtship, the six episodes of “Harry & Meghan” also look set to highlight long-running grievances that have roiled Britain's royal family for years. The British tabloids have intensely scrutinized Meghan, the Duchess of Sussex, publishing stories about her estranged family following her engagement and marriage to Harry in May 2018. In addition, Harry is challenging in court a decision by the British government to deny him police protection while in Britain. “In the Netflix trailer it’s implied the photographers, including me, were trying to get a shot of the royal couple — but that’s nonsense,” he told the tabloid.

This time round, Charles III hosted the first state visit of his reign and welcomed South African President Cyril Ramaphosa to the UK. The South African state visit was Charles’s first big diplomatic test. But this week, the prominence of the Prince and Princess of Wales during the state visit indicated that the couple have been elevated into crucial central roles. PHOTOS OF THE WEEKHere’s a few of our favorite shots from the first state visit King Charles hosted as monarch. Stefan Rousseau/WPA Pool/Getty ImagesThe state visit also allowed UK PM Rishi Sunak the opportunity to welcome Ramaphosa to 10 Downing Street for a bilateral meeting.

He was later ordered to complete 180 hours of community service by the Thames Magistrates Court in June, after pleading guilty to the offense, PA Media reported at the time. “I know it was very tough for people to watch and to see that and obviously I feel very, very sorry. During the sentencing at Thames Magistrates’ Court, Zouma was also banned from owning a cat for five years and ordered to pay court fines of nearly £9,000 ($11,214). Kurt Zouma arrives at the Thames Magistrates' Court, in June. Daniel Leal/AFP/Getty ImagesThe RSPCA seized two cats belonging to Zouma shortly after the incident and they have remained in their care since February.

☆ The crisis is over for the British pound, but analysts see further weakness ahead
▼ + stars: | 2022-11-03 | by ( Elliot Smith | ) www.cnbc.com time to read: +3 min

DANIEL LEAL-OLIVAS | AFP | Getty ImagesLONDON — The British pound is on firmer footing since the appointment of new Prime Minister Rishi Sunak, but Wall Street still sees further vulnerability over the next 12 months. "The U.K.'s external financing needs remain large and, on current market pricing, real yields are still too low compared to other major currencies. As long as the global risk environment remains weak this leaves the pound vulnerable and the likely trend lower," Gopal said. watch now"In all, we remain bearish on the pound and believe GBP weakness will return for the rest of the year," Gopal said. The government has also promised further details on a more targeted version of the Energy Price Guarantee scheme, which will reduce government spending but will further cement the U.K.'s likely recession.

☆ British Prime Minister Liz Truss resigns after economic plan sparked turmoil
▼ + stars: | 2022-10-20 | by ( Https | Media-Cldnry.S-Nbcnews.Com Image Upload Newscms Patrick-Smith-Circle-Byline-Template.Jpg | Patrick Smith | ) www.nbcnews.com time to read: +4 min

LONDON — British Prime Minister Liz Truss announced Thursday that she would resign after just six weeks in office, following a disastrous and rapidly reversed economic plan that sent the pound plunging and her government into chaos. Britain's Prime Minister Liz Truss delivers a speech outside No. She ended the brief statement by saying: "I will remain as prime minister until a successor is chosen." Liz Truss is now the shortest-serving prime minister in British history. Her personal approval rating fell to minus 70, according to pollsters at YouGov, making her the most unpopular party leader in British history.

☆ Liz Truss' 'trickle-down economics' is dead. Now the UK faces an uncertain future
▼ + stars: | 2022-10-18 | by ( Sam Meredith | ) www.cnbc.com time to read: +4 min

Britain's Prime Minister Liz Truss holds a press conference in the Downing Street Briefing Room in central London on Oct. 14, 2022. Daniel Leal | Afp | Getty ImagesLONDON — Just six weeks into U.K. Prime Minister Liz Truss' tenure and the political future of yet another Conservative leader looks to be in jeopardy. The approach has been sharply criticized by U.K. political opponents — and even U.S. President Joe Biden — at a time when Britain faces a deepening cost-of-living crisis. However, analysts at political risk consultancy Eurasia Group assign only a 10% possibility that Truss is able to hold on as prime minister. "The consensus at Westminster is now that that the Prime Minister is so weak that she can do nothing without the assent of her Chancellor.

☆ U.K.'s new finance chief warns of 'difficult decisions ahead' amid political and market turmoil
▼ + stars: | 2022-10-15 | by ( Leila Sackur | ) www.nbcnews.com time to read: +5 min

LONDON — The U.K.'s new finance minister warned of “difficult decisions ahead” on Saturday, the morning after he had replaced his predecessor who was only 38 days into the job. Warning of “difficult decisions ahead” Hunt told British broadcaster Sky News: “Some taxes will not be cut as quickly as people would want, some taxes will go up.” (Sky News is owned by Comcast, the parent company of NBC News.) Kwarteng became the second shortest-serving chancellor of the exchequer, as the British finance minister is known. Britain's Prime Minister Liz Truss at a news conference on Friday. Truss is Britain’s third prime minister in six years.

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