The UK's finance chief, Rachel Reeves, is in hot water. Just days after unveiling the national budget, a big fuss has started. The issue? The so-called "black hole" in public finances, used to justify tax hikes, seems to be a lot smaller than claimed. Official numbers from the Office for Budget Res
The UK's economy has been on a wild ride for over four decades. Two big mistakes, the resource curse and the finance curse, have shaped its path. These weren't accidents. They were choices made by leaders who thought they knew better. First, there was the resource curse. In the late 1970s and early
In a bold move, Ukraine has reportedly targeted two Russian oil tankers using underwater drones. These tankers are part of Russia's "shadow fleet, " a group of ships that help Russia bypass international sanctions. The attacks happened on Friday and Saturday, causing serious damage to both vessels.
A group of South African men found themselves in a dangerous situation after being deceived into joining Russia's war against Ukraine. They were promised jobs and training, but instead, they were sent to the front lines. The story began when an unemployed father of three received a call offering hi
The EU is in a tough spot. They need to find a way to help Ukraine financially, but Belgium is making it hard. Belgium wants some serious guarantees before they agree to use Russian assets to help Ukraine. This is making the EU leaders think of a backup plan. The EU might have to borrow money to gi
Ukraine's president, Volodymyr Zelensky, has recently let go of his long-time right-hand man, Andriy Yermak. This move has stirred up a lot of talk about what it means for Ukraine's government and its ongoing war efforts. Yermak, who was known for his tough political style, had a big role in Ukrain
Malachi, a lively toddler, loved his dinosaurs, monster trucks, and the Miami Dolphins. His mom, Meghan Jenkins, was busy with work and daycare, enjoying the hustle and bustle of life. But in March 2021, things took a worrying turn. Malachi became unusually tired, coughed a lot, and one day, threw u
The UK's finance minister, Rachel Reeves, recently shared a grim view of the economy, even though she had access to forecasts that suggested a brighter outlook for public finances. This discrepancy was highlighted in a letter from the Office for Budget Responsibility (OBR), released on a Friday. In
A significant NATO meeting is coming up, and guess who might not show up? Marco Rubio, the U. S. Secretary of State, is considering skipping the NATO foreign ministers' meeting in Brussels next week. This is not your average absence; it's quite unusual for the top U. S. diplomat to miss such an impo
In Ukraine, a big change is happening. Andriy Yermak, the president's right-hand man, has stepped down. He was more than just a chief of staff. He was a key player in Ukraine's war efforts and politics. His departure marks a turning point for President Volodymyr Zelenskyy and the country. Yermak an
