2022-05-14
Financial Times Front Page 14th of May 2022
Over concerns about the number of spam accounts and fake accounts on Twitter, Elon Musk has put his Twitter takeover “temporarily on hold.”.
Over concerns about the number of spam accounts and fake accounts on Twitter, Elon Musk has put his Twitter takeover “temporarily on hold.”.
As a result of a failure by stablecoin Tether to maintain a link to the US dollar, the cryptocurrency industry has taken a hit. The slip-up sent bitcoin’s price down to its lowest level since late 2020, though it recovered later.
Financial Times reports that the EU has vowed to retaliate if the UK pulls out of a post-Brexit trade deal for Northern Ireland.
Prince Charles stands in for his mother at the state opening of parliament as he looks forlornly at her crown.
According to the Financial Times, Sir Keir Starmer has promised to resign as Labour leader if he is fined by police investigating an evening meal in April last year for breaking coronavirus restrictions.
The Financial Times’ lead discusses the new US sanctions on Russia, which blacklist a broad swath of financial executives.
According to the Financial Times, Labour has gained hundreds of council seats in London and the Liberal Democrats have gained seats in the southern “blue wall”.
According to the Financial Times, the Bank of England has warned that higher energy prices will drive inflation above 10% and push the UK economy into recession this year.
In a report by the Financial Times, the US Federal Reserve raised its benchmark policy rate by a half percentage point.
A report in the Financial Times reports that BP has posted its highest quarterly earnings in more than a decade, stoking calls for a windfall tax to offset fuel costs.