Tens of thousands of people have started claiming benefit this year as the cost of living hike bites May Bulman Social Affairs Correspondent Tuesday 17 May 2022 19:33 Economist takes down government over ‘unforgivable’ cost of living crisis The number of people opening universal credit claims each week has surged by 13 per cent in the last three months, new figures show, as the cost of living crisis hits families across the UK.
THERE has been repeated warnings of an imminent UK recession over recent days - and a leading economist says "we're in the toughest period". The stock market saw major crashes this week, with many major companies seeing their worst years on record. Meanwhile, a skyrocketing cost of living combined with higher interest rates to combat inflation has led economists to a warn of a recession before the end of the year.
Those from 16 states voted against what a majority of their constituents seem to want A activists in America suffered another defeat on May 11th when the United States Senate voted, by 51-49, against a proposed law to codify some aspects of Roe v Wade, the Supreme Court’s case from 1973 that currently protects women’s right to an abortion under federal law.
THE UK's GDP growth in the first quarter of the year is expected to more than double the EU, according to an economist. Brexiteers have responded to the "harrowing" reforms put forward. Tory MP and ex-UKIP treasurer Craig Mackinlay said: "Good luck with that.
Russia’s gas cutoffs might ultimately accelerate European nations’ efforts to shift to renewable energy. In December 2006, The Economist magazine published a cover drawing of Russian president Vladimir Putin, dressed like a 1930s gangster in a dark suit and fedora hat, under the headline, “Don’t Mess with Russia.” Putin held a gasoline nozzle, gripping it like a machine gun.
News of the takeover could be shifting the platform’s demographics W of the news that Elon Musk, a serial entrepreneur, would add Twitter to his collection, users noticed a peculiar trend: left-leaning accounts were bleeding followers, while right-wing users enjoyed a boom. The Economist studied the pattern by charting the number of followers that America’s members of Congress had on Twitter before and after the deal was announced on April 25th.
Robots and drones are enforcing strict Covid-19 restrictions in China’s largest city Videos of Shanghai residents screaming from their balconies at night have gone viral as the city enters its third week of total lockdown. Residents of China’s largest city have been forbidden to leave their homes except to get tested and many have complained of challenges accessing food or medicine.
Pickleball Primer With a weird name and a growing fanbase, pickleball has experienced an unprecedented boom in the past couple of years, expanding its footprint from retirement communities to public spaces across the country. But what exactly is it? Similar to other paddle sports, pickleball involves teams of singles or doubles hitting a ball over a net in order to score points.
The poorest countries will be hit hardest G prices, rising even before the war in Ukraine, are now soaring. According to an index compiled by the Food and Agriculture Organisation (FAO), a UN agency, in February they reached a historic high. In March they blew past it.
A selection of correspondence Enjoy more audio and podcasts on iOS or Android. Letters are welcome via e-mail to [email protected] The Floridian inquisition The Economist’s explainer on “Why Florida is banning lessons on sexual orientation and gender identity” (March 30th) neglected to mention Florida’s history of removing queer people from classrooms.
After the robot dogs, now China sends in the DRONES to warn Shanghai residents to 'control the soul's desire for freedom' and not breach Covid restrictions
Shanghai has been under strict lockdown since a recent surge in Covid cases Drones have been flying over Shanghai telling people to obey quaratine rules Residents've been singing from balconies in protest at being without essentials The drones tell fed up people 'not to open the window or sing'
Sales of new cars in Northern Ireland fell by 9% during March, with predictions that the war in Ukraine will depress market performance over the rest of 2022. A report from the Society of Motor Manufacturers and Traders (SMMT) said there were 4,186 new cars registered here during March, which was down from 4,618 on the same month in 2021.
The story of a summary execution in Bucha DESPITE a police operation to collect them, corpses were still scattered over Bucha’s streets. The local authorities say that over 300 have been buried in a makeshift mass grave. On April 4th about 30, some in black bags, were still left unburied.
It's worth doing, even if they are never brought to justice EVIDENCE OF RUSSIAN war crimes litters Ukraine, but no one—least of all Vladimir Putin, Russia’s president—is likely to spend a single day in prison for them. Nonetheless, it is important that the atrocities are investigated.
Economist claims there's a '90% chance' US stock market sunk as low as it will go this year and that S&P 500 could surge by 24% by end of 2022 - but only if inflation or Ukraine war doesn't trigger a recession
Tom Lee, managing partner at Fundstrat, said as long as there's no recession due to a continuation of the war, the S&P could surge to 5,100 by the end of 2022 Lee believes there's a roughly 90 percent chance that the market won't slip below the 4,114 low of February 24, when the invasion began
BREXIT BRITAIN will see its economy overtake the Eurozone in 2022, an expert believes. The forecast by economist Julian Jessop follows two years of damage to the global economy during the Covid pandemic. The expected growth comes in part as nations recover from the fall caused by various factors, as supply once again begins to meet demands.
Zanny Minton Beddoes, The Economist’s editor-in-chief, and Russia editor Arkady Ostrovsky interview Ukraine’s president in Kyiv AT HIS HEADQUARTERS in Kyiv, Ukraine’s president tells Zanny Minton Beddoes, The Economist’s editor-in-chief, and Russia editor Arkady Ostrovsky why his country must defeat Vladimir Putin.
The Economist’s forecasters explain how to model the future, and the pitfalls to avoid F Donald Trump’s surprise win in 2016 to the shock of Brexit, recent events have shown that forecasting an election is a tricky task. This film explores the evolution of statistical modelling based on polling.
THE RUSSIAN economy will suffer a 20 percent decline in GDP, with the impact to become visible within the next few months, an expert claimed. Economist Anders Åslund, former Senior Fellow at the Atlantic Council and currently the chairman of the International Advisory Council at the Center for Social and Economic Research, spoke to Express.co.uk about the financial impact of the war in Ukraine.