Author: LoveWorld UK

STERLING SLIPS AFTER SHARP FALL IN INFLATION – Drop caused markets to bring forward bets on when the Bank of England will start cutting interest rates The Pound Sterling fell against the dollar and euro after data showed inflation fell in November and came in well below expectations, causing markets to bring forward bets on when the Bank of England will start cutting interest rates. The pound was last down 0.56% at $1.2659, having been down around 0.15% immediately before the data . It also softened versus the euro, which was up 0.43% at 86.62 pence. British annual consumer price…

FOREIGN MINISTER CAMERON WARNS SCOTLAND’S YOUSAF OVER ERDOGAN MEETING The meeting at COP28 in Dubai, was a serious breach of protocol Foreign Minister David Cameron has reportedly warned to withdraw support for Scottish ministers after Humza Yousaf met with Turkish President Recep Erdogan on Dec. 1 without a UK official present. The meeting between the Scottish National Party leader and Erdogan, which occurred on the sidelines of COP28 in Dubai, was a serious breach of protocol. A post on social media by Scolands SNP Party Leader and First Minister Yousaf said that he and Erdogan spoke about the climate and…

Fulham reached the semi-finals of the League Cup for the first time in their history as Marco Silva, and penalty shootouts, returned to torment Everton yet again. The former Everton manager has won all three visits to Goodison Park since being sacked in 2019 and the latest, courtesy of the finest of margins, condemned his old club to a fourth exit on penalties in six seasons. Sean Dyche’s inform side appeared to have rescued the quarter-final when the substitute Beto cancelled out Michael Keane’s first-half own goal in the 82nd minute. And when Jordan Pickford, doing his utmost to distract every Fulham penalty taker,…

HYUNDAI MOTOR TO SELL RUSSIAN PLANT FOR NOMINAL SUM – Company takes $219 mln hit South Korea’s Hyundai Motor plans to sell its plant in Russia for a nominal 7,000 roubles that’s only just over $77, a company official said, making it the latest global automaker to sell Russian assets since the outbreak of the conflict in Ukraine. Hyundai Motor, in a regulatory filing, said it would take 287 billion won that’s a $219.19 million loss on selling the plant, in which operations have been suspended since March 2022. The company said it was seeking to transfer its assets in…

MANCHESTER CITY TO FACE COPENHAGEN WHILE ARSENAL FACE PORTO – Champions League knockout stage fixtures announced Holders Manchester City will take on FC Copenhagen in the last 16 of the Champions League while Spanish heavyweights Barcelona will face Napoli in the knockout stages of the Champions League. Copenhagen, who twice met City’s rivals Manchester United in the group stage of the competition, will travel to Manchester again to face Pep Guardiola’s side. The Danish team will have their work cut out against the champions, who won all six of their group-stage matches and are on an unbeaten run of 20…

Uncontrolled illegal immigration will “overwhelm” countries and can be weaponized by enemies to “destabilise our societies,” Rishi Sunak said in Rome on Saturday the UK and Italy agreed to co-fund a plan addressing illegal immigration. Downing Street said the prime minister has confirmed that the UK would “participate in the Rome Process, working with the Italian government on upstream projects on the migration route to help address the root causes of migration. “In support of this, leaders committed to co-fund a project to promote and assist the voluntary return of migrants from Tunisia to their countries of origin,” a spokeswoman…

FEARS OF HIGHER OIL PRICES AFTER RED SEA ATTACKS – Several firms have paused shipments through the route after vessels were attacked  Analysts have warned that attacks on commercial ships in the Red Sea risk pushing up the price of oil and other goods. Several firms have paused shipments through the route after vessels were attacked by Houthi rebels in Yemen. The world’s second-largest shipping line, Maersk, said on Tuesday that it will reroute some of its vessels around Africa’s Cape of Good Hope. The disruption has led the US to launch an international naval operation to protect ships in…

POLICE ARREST SUSPECTS AFTER MAJOR SECURITY BREACH AT INDIA’S PARLIAMENT Four suspects have been arrested Four suspects have been arrested after a major security breach at India’s lower house of parliament on the 22nd anniversary of a deadly attack on the complex. India Today said the intruder who jumped into the lawmakers’ area had smoke cans hidden in his shoes that later released smoke, sending lawmakers fleeing from the chambers. Prime Minister Narendra Modi was not in parliament at the time. The lower house stopped proceedings soon after the incident but resumed business about an hour later. The incident took…

SMOKE PLUMES OVER GAZA AS FIGHTING BETWEEN ISRAEL AND HAMAS CONTINUES Losses on both sides are a tragedy and still Hamas won’t let the Hostages go home Smoke was rising over several locations in the Hamas-run Gaza Strip, as Israel continued its fight against the militant group. Israeli missiles and air strikes on the Rafah area in southern Gaza struck three houses killing at least 20 Palestinians, Gaza health officials said on Tuesday. The Gaza health ministry said on Monday, December 16th, that 19,453 Palestinians had been killed and 52,286 wounded in the Israeli assault on the Hamas-ruled enclave in…

BIDEN SAFE AFTER CAR COLLIDES WITH MOTORCADE Secret Service agents escorting Biden to his car after the impact President Joe Biden was safe on Sunday night after a car collided with a motorcade SUV that was part of the president’s security detail, a witness said. Biden and First Lady Jill Biden had just left his campaign headquarters when the collision occurred. Jill Biden was also safe following the incident, the witness said. The Bidens had emerged from the Biden-Harris 2024 headquarters in rainy downtown Wilmington at 8:07 p.m. (0107 GMT) after having a meal with members of his re-election team…