African migrants, Donald Trump and ‘Today I feel gay’: Gianni Infantino’s 10 most outrageous quotes as Fifa president March 16, 2023 What Fifa president Gianni Infantino’s utterances lack in self-awareness they make up for in bombast and questionable parallels. From praising President Trump, Russia and Iran to comparing his career with Rwanda’s recovery from genocide, Infantino’s speeches and other public pronouncements rarely fail to raise eyebrows. To mark his re-election, City A.M. has compiled 10 of [...]
Russia takes its war with Ukraine to London’s High Court as battle begins over a soured $3bn bond deal March 16, 2023 The UK’s top court yesterday ruled the Ukrainian government should be given the opportunity to face the Kremlin in London’s High Court, in a more than $3bn dispute over a 2013 bond deal. The Supreme Court’s ruling is set to see the UK’s High Court become the new front for the continuing fight between Russia [...]
A decentralised world brings economic efficiency, economic proficiency, stability, and peace of mind – Part 2 March 16, 2023 In part two of Dr Chris Kacher's overview of what a decentralised world holds, he examines the power of what a DAO can do.
Jeremy Hunt tax hikes and weak economy to swipe £10k from Britons while wealthy reap pension rewards March 16, 2023 Britons are poised to miss out on £10,000 of income over the coming years after Chancellor Jeremy Hunt lifted taxes to their highest sustained level in history, experts have predicted. When combined with sluggish economic growth , the Institute for Fiscal Studies (IFS) has estimated that the tax take means real incomes will be at [...]
Watch the moment a Russia warplane dumps fuel on a US drone as fears of direct conflict intensify March 16, 2023 The Pentagon has released footage of what it says is a Russian aircraft conducting an unsafe intercept of a US Air Force surveillance drone in international air space over the Black Sea. The 42-second video released on Thursday shows a Russian Su-27 approaching the back of the MQ-9 drone and beginning to release fuel as [...]
Defence spending given £11bn boost as former minister warns of new Cold War March 16, 2023 Defence spending is set to increase by £11bn over the next five years amid fears over the UK’s “hollowed out” armed forces. Chancellor Jeremy Hunt confirmed in Wednesday’s budget that the Ministry of Defence’s finances would receive an £11bn boost over the next half-decade. But Tobias Ellwood, defence committee chairman, said the Chancellor has left [...]
World’s top insurers to face aircraft leasers in High Court ‘mega trial’ over planes seized by Russia March 15, 2023 Insurance giants Lloyd’s, AIG and Fidelis are set to face a ‘mega trial’ in London’s High Court over their refusal to pay out billions in insurance claims to aircraft leasers that had their planes seized by President Vladimir Putin. A High Court judge has ruled claims brought forward by an array of the world’s biggest [...]
Budget: OBR says UK to avoid recession and is on course to grow every year after short blip in boost for Jeremy Hunt March 15, 2023 Britain will avoid a much-tipped recession this year and will grow every year until 2027 after a short blip, a massive reversal from economists warning of the longest contraction in a century just a few months ago, the country’s spending watchdog said today. UK GDP is on course to suffer a mild slump in 2023 [...]
Budget: Five changes to energy policy – and one that got away March 15, 2023 City A.M. looks at the five biggest developments in the energy sector announced in Hunt's budget - and the one that got away.
After US drone hit by Moscow plane, RAF and German air force intercept Russian aircraft in Nato exercise March 15, 2023 The RAF and German air force carried out their first joint Nato air policing scramble as pilots carried out a routine interception of a Russian aircraft flying close to Estonian airspace. The response on Tuesday saw the pair of British and German Typhoon jets react to a Russian air-to-air refuelling aircraft, after it failed to [...]