A version of this story first appeared in CNN Business’ Before the Bell newsletter. Not a subscriber? You can sign up right here. You can listen to an audio version of the newsletter by clicking the same link. The British pound hit a record low against the dollar on Monday after UK Prime Minister Liz Truss, a fan of “trickle-down economics,” announced a sweeping spending and tax cut plan to rescue the British economy from recession on Friday.
“Investors are rapidly pulling out of UK assets, and who can blame them?” What the pound’s crash means for inflation and interest rates We know the British pound is falling against the dollar, but what does that mean exactly? A falling pound is dire news for an economy that may already be in recession, reports my colleague Julia Horowitz. As the value of sterling falls, it becomes more expensive to import essential goods typically paid for in US dollars like food and fuel.
The Biggest Problem with Taxing a Government's Constituency is Wasteful Government's Spending! The Federal Government of The United States should Only be Concerned with National Defense. Leave everything else to the States!
It’s ok. The Tories are just hoping real hard.
And America’s poor and middle class have paid the price for 40 yrs.
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UK authorities try to calm panicked markets | CNN BusinessUK policymakers are trying to calm markets after a plan by Prime Minister Liz Truss to cut taxes while ramping up borrowing sparked panic among investors worried it could feed inflation and destabilize government finances. LOL Truss was probably voted to power by these so called policy makers 😂 Any news from china ? And what happen attack on huindus in UK Jesus offers eternal life destabilized govs invited
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UK could fine TikTok $29 million over children's privacy concerns | CNN BusinessThe UK said Monday it could impose a multimillion-dollar fine on TikTok after the government found the short-form video platform may have violated children's privacy. This is the picture that has women pissed at the way Joe Biden is staring at that little girls chest. Women are asking if that's the little girl Joe had sex with when she was 12 and he was 30?
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Job Creators Network Teams With Small Business Owners, Newt Gingrich, Congressmen to Launch 'American Small Business Prosperity PlanJob Creators Network has launched the “American Small Business Prosperity Plan” with the help of Newt Gingrich, members of Congress, and small business owners to put American entrepreneurs first. 🚨🚨🚨LockTrumpUp
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Mark Finchem failed to follow laws on income and business disclosures, records showMark Finchem didn't disclose nearly $2,000 a month in pension benefits and a few businesses in which he was involved from the time he took office. Of course. Democrats need to sue to get these insurrectionist off the ballot. They are illegitimate to run. If they committed a crime they are not eligible to hold office in any state in America especially if they committed treason. These criminals need to be removed from the ballot This carpetbagging, racist traitor needs to go back to the shit hole from whence he came.
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