Kwarteng under heat for allegedly misleading claims over cable project

Cabinet minister Kwasi Kwarteng has been accused of making misleading claims about a £1.2bn cable project directly linked to a Conservative donor. As revealed in the Pandora papers, almost one in 10 Conservative MPs had taken money from firms...

Liberty Steel pledges to restart Rotheram, Stockbridge plants

The owner of Liberty Steel has pledged to restart its Rotherham and Stocksbridge plants this month, saving around 1,000 jobs. The move comes after Sanjeev Gupta’s conglomerate, GFG Alliance, said it had refinanced debts at its Australian steel...

Tata Motors eyeing Ford’s Gujarat, TN units

Tata Motors is in early talks with Ford to buy the latter’s units in Tamil Nadu and Gujarat, multiple sources said. If the transaction materialises, it will be Tata Motors’ second asset purchase from the US major. In March 2008, the Indian company...

Reliance buys Norway-based REC Solar

Expanding into the green energy sector, Reliance Industries Limited (RIL) bought Norway-based REC Solar from China National Bluestar for $771 million (around £580 million). “Reliance New Energy Solar Ltd (RNESL), a wholly owned subsidiary of...

US Supreme Court partially okays Trump's travel ban

The US Supreme Court has partially reinstated President Donald Trump's controversial travel ban targeting citizens from six predominantly Muslim countries, before examining the case in full this autumn

Arun Jaitley raises H-1B concerns with US treasury secy

India's Finance Minister Arun Jaitley raised the issue of tightening of the H1B visa regime with US counterpart treasury secretary Steven Mnuchin during their first meeting, highlighting the contribution of Indian firms and professionals to...

US asks public schools to let transgender access to bathrooms

The US administration has issued guidance directing public schools to let transgender students to use bathrooms and locker rooms matching their gender identity.

Will ‘Teflon’ President Zuma survive the latest scandal?

Former US President Ronald Reagan was called by his detractors “the Teflon president”. The nickname was coined by Patricia Schroeder, a Congresswoman, and reflected on how a plethora of scandals surrounding his presidency seemed to have no effect...

Bank of England cut growth forecast

Brexit negotiations initially got off to a shaky start as it seemed that British cabinet ministers were unable to reach an agreement on the best course of actions and the government also seemed at war with itself over the divorce terms.

Brexit deal in tatters

The ongoing and tense negotiations have led to a broad agreement by the UK to a gross financial settlement of £89bn on leaving the bloc, although the British expect the final net bill to be half as much. The news brings the two sides close to agreement on a key obstacle to opening talks on a future free trade pact.

Picking the cherry

A recent Hometrack survey shows that 373,000 property transactions have been stalled as a consequence of the current lockdown, worth about £82bn

Sow & Reap

Interesting times.  Currently, we are being fed information regarding something we cannot see or have a grip off.  Therefore, we are lapping up all we are fed.  Even the official narrative does not make sense, even within its own narrative.



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