The Cost of Living Crisis Is Not Just Local, It’s Global. We Need a Global Mindset to Tackle It. January 11, 2023 The cost of living crisis is being felt by everyone – people on the breadline are now in poverty, those once well-off are now counting their coppers. This might be the picture for most in developed countries, however developing markets have largely been unaffected by Covid and inflation linked to the Russian conflict. With only [...]
Is ESG facing an existential crisis? What could be next for sustainable investing… January 11, 2023 It’s been a rough year for ESG – Russian oil companies qualify as sufficiently environmentally and socially responsible to receive ESG funds. Sam Bank-Friedman’s bankrupted FTX crypto enterprise has a higher ESG score on ‘leadership and governance’ than Exxon/Mobil. In light of the discovery of controversial ESG fund allocation, it is vital ESG undergoes a significant [...]
Uranium detected in package at Heathrow as terror police vow to ‘follow every avenue’ – but where did it come from? January 11, 2023 Counter-terrorism investigators will “follow every avenue” to discover how material contaminated with a radioactive substance came to be found at Heathrow Airport. Uranium was detected during routine screening of a package at the airport on December 29, that according to the Sun had originated in Pakistan and arrived on a flight from Oman. The newspaper reported [...]
Now that you’re asking where your supplies come from, we should talk. January 11, 2023 As the world faces a shortfall of both energy supplies and critical metals, difficult decisions are being made to meet the growing supply gaps without risking new dependencies on unsustainable producers or compromised geopolitical actors. Quite a problem for some; particularly for a range of European countries and firms in light of the Russian invasion [...]
To ESG or not to ESG, why bother? January 11, 2023 There’s no denying the bombshell declaration of $9.5bn of “socially conscious funds” from ESG investments being tied up in Russian oil companies has come as a predictable shock. Or when ESG ratings company Truvalue Labs gave Sam Bank-Friedman’s FTX crypto enterprise a higher score on ‘leadership and governance’ than Exxon/Mobil. Being neither environmentally nor socially responsible, [...]
Putin yanks Russia out of European anti-corruption scheme January 10, 2023 Russia has opted out of a European convention on fighting corruption, a move that comes in the wake of its withdrawal from the Council of Europe following start of Moscow’s military action in Ukraine. Russian President Vladimir Putin asked the lower house of parliament, the State Duma, to terminate adherence to the Council of Europe’s convention on [...]
‘Nobody died’: Embarrassment for Putin as Russia claims missile strikes on Ukrainian base killed 600 January 9, 2023 Ukrainian officials say nobody died in missile attacks Russia claims killed 600 troops. Vladimir Putin’s Russian defence ministry said missiles hit two temporary bases housing 1,300 Ukrainian soldiers in Kramatorsk in the easter Donetsk region. The strikes were retaliation for Ukraine’s attack in Makiivka, which left at least 89 Russian troops died, ministry spokesman Igor Konashenkov said. [...]
Rishi Sunak hits back at critics of inflation promise but warns government ‘can’t help anybody’ if prices don’t fall January 8, 2023 Rishi Sunak has today claimed halving inflation by the end of the year – one of his five promises to the British public – will happen “because of the plans [the government] have put in place”. Speaking to the BBC’s Sunday with Laura Kuenssberg programme, the prime minister doubled down on a series of pledges [...]
Putin: Raab to host London conference on Russian ‘war crimes’ in Ukraine January 7, 2023 London will host a major international conference led by Dominic Raab on Russia’s alleged war crimes during Vladimir Putin’s invasion of Ukraine. The meeting will see justice secretary Dominic Raab join forces with Dutch justice minister Dilan Yeşilgöz-Zegerius to co-host the conference in London’s Lancaster House. The conference aims to coordinate efforts to ensure the [...]
Gas prices down 20 per cent in last week but what does it mean for your energy bills? January 6, 2023 The average price of gas in the UK has fallen by 20 per cent in the last week, but Ofgem said it would have a “limited” impact on bills. Despite the drop, which is compared to the average price from February 2020, pre-Covid, the price of gas was still up one per cent on last [...]