Rishi Sunak has announced that UK defence spending would be boosted to 2.5% of GDP by 2030. ‘Over the next six years, well invest an additional 75bn in our defence’
economics
Propelled by a predominantly young population, Uzbekistans burgeoning creative economy is on the rise. Odil Mukhamedov is one of the creatives blazing the trail: he founded art collective MOC, to support and platform the nations future talent.
President Biden’s visit to Pittsburgh marks the second of three stops on a swing through the key battleground state of Pennsylvania this week.
Data center development is booming across the U.S. thanks to AI. Some industry analysts estimate global capacity to double by 2030. But it faces a big obstacle: getting enough power. Graphic: Ryan Trefes, JLL
A left-wing dark money group funded by George Soros will provide bail money and legal support for anti-Israel demonstrators who blocked major roadways and highways Monday.
The NBA’s lowest-paid players make more than the WNBA’s highest earners and it’s sparking outrage.
Liz Truss has claimed that those with left-wing political beliefs are “smearing” her by blaming her for economic troubles she is “clearly not responsible for.” Iain Dale told the former prime minister: “People on the left are blaming everything that is wrong in our economy on that mini-Budget,” referring to the turmoil triggered by then-chancellor Kwasi Kwarteng’s measures which included 45bn of unfunded tax cuts and prompted the pound to slump to a 37-year low against the dollar. Ms Truss told the LBC presenter: “I think a lot of the public understand what I was trying to do.” “But the left… [are] trying to smear me with economic results that… I’m clearly not responsible for.”
The World Bank reports half of the world’s poorest countries are getting poorer as the income gap between them and the world’s richest countries grows for the first time this century.
You can meet the 20 new vendors or catch up with the long-established ones next Thursday at 6 p.m.
The New York Times’ liberal economist Paul Krugman continues touting the Biden economy, suggesting Americans who express dissatisfaction with the economic climate aren’t struggling.
Brooke Thackray, research analyst at Horizons ETF Management Canada, joins BNN Bloomberg to discuss the factors that could make gold prices go higher.
Around 8,000 people watched the phenomenon at Indian Lake State Park, according to the Ohio Department of Natural Resources. Camp site reservations were sold out.