Tag: Kwasi Kwarteng
Inflation triggers new turbulence in the bond market
Bank of England in London In the coming week, the British monetary authorities will discuss the further course. (Photo: dpa) Frankfurt,London When central bank governor Andrew Bailey calls the next…
Chronicle of Liz Truss’ fall from power
Under pressure from the financial markets, she had previously had to dismiss her comrade-in-arms Kwasi Kwarteng as Chancellor of the Exchequer. Kwarteng wanted to implement Truss’ agenda with a financial…
Fight the “chance profits” of the energy companies
Good morning, dear readers, among the intricacies of current policy is the difference between “over wins” and “accidental wins.” Both are expressions of non-competitive oligopolies that have become the norm…
Dax gains more than 200 points – private investors are waiting for a re-entry
Dusseldorf The German stock market is up at the start of the week. The Dax closed 1.7 percent up at 12,649 points, more than 200 points above Friday’s closing level.…
Dax rises by more than 250 points – private investors are waiting for a re-entry
Dusseldorf The German stock market is clearly up at the start of the week. In the afternoon, the Dax was up another 2.1 percent at 12,699 points, around 260 points…
Dax rises by more than 150 points – private investors are waiting for a re-entry
Dusseldorf The German stock market continues to rise at the start of the week. In the afternoon, the Dax was up another 1.6 percent at 12,640 points, more than 200…
New British Treasury Secretary Hunt withdraws tax plans
Jeremy Hunt Britain’s new Treasury Secretary is set to announce an about-face before Parliament today. (Photo: dpa) London The new British Treasury Secretary, Jeremy Hunt, has almost completely reversed Prime…
New British Treasury Secretary Hunt withdraws tax plans
Liz Truss The British Prime Minister has to bury almost her entire economic policy agenda. (Photo: Reuters) London The new British Treasury Secretary, Jeremy Hunt, has almost completely reversed Prime…
New British Treasury Secretary Hunt withdraws tax plans
Jeremy Hunt Britain’s new finance minister is expected to announce an about-face before Parliament today. (Photo: AP) London Britain’s new finance secretary, Jeremy Hunt, announced far-reaching changes to the government’s…
Dax overcomes the 13,500 point mark again – private investors are waiting for a re-entry
Dusseldorf The German stock market continues to rise at the start of the week. At noon, the Dax was already up 0.8 percent again at 12,534 points. The leading index…
New British Treasury Secretary Hunt withdraws tax plans
Jeremy Hunt Britain’s new finance minister is expected to announce an about-face before Parliament today. (Photo: AP) London Britain’s new finance secretary, Jeremy Hunt, announced far-reaching changes to the government’s…
Dax overcomes the 13,500 point mark again – private investors are waiting for a re-entry
Dusseldorf The German stock market continues to rise at the start of the week. At noon, the Dax was already up 0.8 percent again at 12,534 points. The leading index…
Mission Liz Truss failed
Liz Truss The prime minister is facing the shambles of her government agenda. (Photo: Reuters) London History repeats itself. Sometimes anyway. When former British Prime Minister John Major fired his…
Truss fires Minister of Finance Kwarteng – but her chair wobbles
London UK Treasury Secretary Kwasi Kwarteng has been sacked by Prime Minister Liz Truss. Truss said at a press conference on Friday that she had to make difficult decisions to…
British Treasury Secretary Kwarteng dismissed – Premier Truss wants to appear before the press
London UK Treasury Secretary Kwasi Kwarteng has been sacked by Prime Minister Liz Truss. Truss said at a press conference on Friday that she had to make difficult decisions to…
British Treasury Secretary Kwarteng dismissed – Premier Truss wants to appear before the press
London UK Treasury Secretary Kwasi Kwarteng has been sacked by Prime Minister Liz Truss. Truss said at a press conference on Friday that she had to make difficult decisions to…
British Treasury Secretary Kwarteng dismissed – Premier Truss wants to appear before the press
London UK Treasury Secretary Kwasi Kwarteng has been sacked by Prime Minister Liz Truss. He confirmed this on Friday afternoon via Twitter. Truss has announced a statement for 3:30 p.m.…
British Treasury Secretary Kwarteng dismissed – Premier Truss wants to appear before the press
London UK Treasury Secretary Kwasi Kwarteng has been sacked by Prime Minister Liz Truss. He confirmed this on Friday afternoon via Twitter. British media had previously reported unanimously. He has…
British Treasury Secretary Kwarteng dismissed – Premier Truss wants to appear before the press
London UK Treasury Secretary Kwasi Kwarteng has been sacked by Prime Minister Liz Truss. The British media report unanimously. He has been blamed for the recent turmoil in financial markets,…
Treasury Secretary blames Bank of England for stock market chaos as pension funds seek loans from firms
Minister of Finance Kwasi Kwarteng At the end of October, the finance minister intends to announce new plans to relieve households and companies. (Photo: Reuters) London The Bank of England’s…