Bank’s intervention may not mark the end of market mayhem

Read More Things are moving fast in the financial markets. On Monday the governor of the Bank of England, Andrew Bailey, put out what he hoped would be a calming statement. Within 24 hours it was clear words alone were not going to be enough. There was evidence of a run on pension funds that […]

Tories pile pressure on Truss and Kwarteng to reverse tax-cutting plan

Read More Liz Truss and Kwasi Kwarteng are under increasing pressure from Conservative MPs to U-turn on their tax-cutting plans as the pound tumbled again after the Bank of England’s emergency intervention. Tory MPs expressed disbelief at how the government’s announcement had sunk sterling and caused market turbulence during the cost of living crisis and […]

Biden to Oil Industry: Don’t Raise Prices as Hurricane Nears

President Joe Biden on Wednesday warned oil and gas companies against increasing prices for consumers as Hurricane Ian neared landfall along Florida’s southwest coast. “Do not, let me repeat, do not use this as an excuse to raise gasoline prices or gouge the American…

Americans should flee Russia immediately, could be conscripted, US Embassy urges

The U.S. Embassy in Moscow has urged all Americans in Russia to flee the nation following President Vladimir Putin’s “partial mobilization” decree last week. “Russia may refuse to acknowledge dual nationals’ U.S. citizenship, deny their access to U.S. consular assistance, prevent their departure from Russia, and conscript dual nationals for military service,” the embassy warned […]

Baltico, le missioni della flotta russa nella zona dell’esplosione

Read More Il ministro della Difesa danese Morten Bodskov ha detto che l’indagine sulla fuga di gas nel Baltico richiederà “almeno una settimana o due”. La grande quantità di metano che risale verso la superficie impedisce infatti l’intervento di batiscafi o palombari. Ma Bodskov è sicuro: “Quello delle condotte Nord Stream non è un incidente, […]

NUM clashes with Eskom over Koeberg

Read More The National Union of Mineworkers (NUM) has accused Eskom of delaying the Koeberg nuclear power station steam generator project to facilitate payment agreements between Eskom’s executives and main contractor Framatome. Meanwhile, Eskom acting chief nuclear officer Keith Featherstone said if the steam generator replacement programme had not been deferred, then load-shedding would have […]

‘We take the fish out of the water’: Three myths about vasectomies busted

Read More Phetelo Fakude, 29, is staring at the fluorescent ceiling lights of an operating room in a reproductive health clinic in Tshwane. Through the hospital gown he can feel the cold plastic sheet covering the hospital bed — which is not helping to calm his nerves. After a few minutes, a nurse and a […]

Investigating Directorate: Mosebenzi Zwane’s arrest ‘a step closer to justice’

Read More The charging of former mineral resources minister Mosebenzi Zwane with fraud and corruption related to the R280-million Estina dairy farm project is “a step closer to delivering justice” to disadvantaged Free State farmers that should have benefitted from the programme. According to the Investigating Directorate (ID), which is prosecuting Zwane, the farmers were […]