Dollar rally continues as Putin’s war drags down global economic growth

MY NUMBER 1 RECOMMENDATION TO CREATE FULL TIME INCOME ONLINE: CLICK HERE Britain will see zero growth next year, the OECD said, as the economy shrinks for the foreseeable future, before not growing at all in 2023 as a whole. The forecast does not take into account recent policy changes announced by the government last … Read more

Pound falls to lowest since 1985 ahead of mini-budget tax cuts – Live Updates

MY NUMBER 1 RECOMMENDATION TO CREATE FULL TIME INCOME ONLINE: CLICK HERE Mrgood morning. All eyes are on Kwasi Kwarteng today as he prepares to unveil a raft of tax cuts in his mini-budget. Economists at the Institute for Fiscal Studies said today’s announcements were likely to mark “the biggest fiscal event with tax cuts … Read more

Jacob Rees-Mogg in line for payout from sale of investment firm – live updates

MY NUMBER 1 RECOMMENDATION TO CREATE FULL TIME INCOME ONLINE: CLICK HERE Mrgood morning. A wealth management firm founded by Jacob Rees-Mogg is exploring the possibility of a sale, paving the way for a potential windfall for a business secretary. Somerset Capital, which manages about $5bn (£4.5bn) in investments, is in talks over a potential … Read more

Russian stocks plummet as Putin threatens West with nuclear war

MY NUMBER 1 RECOMMENDATION TO CREATE FULL TIME INCOME ONLINE: CLICK HERE Russia’s stock market fell on Wednesday after Vladimir Putin ordered his country’s first mobilization since World War II and warned the West that it was ready to use nuclear weapons. Putin’s belligerent warning sent Moscow’s MOEX index down as much as 10 percent, … Read more

Jacob Rees-Mogg to halve business energy bills – live updates

MY NUMBER 1 RECOMMENDATION TO CREATE FULL TIME INCOME ONLINE: CLICK HERE Mrgood morning. All eyes are on the Business Secretary this morning for more details on a multi-billion pound support package to help businesses cope with rising energy bills. Jacob Rees-Mogg is expected to unveil a package to halve business energy costs amid concerns … Read more

China spends record $8.3 billion on Russian energy as Putin lowers prices – Live Updates

MY NUMBER 1 RECOMMENDATION TO CREATE FULL TIME INCOME ONLINE: CLICK HERE Mrgood morning. China is spending a record amount of money on Russian energy as it continues to increase its dependence on the Kremlin after the war in Ukraine. Beijing last month shelled out a record $8.3 billion (£7.3 billion) for the haul, which … Read more

Retail sales fell 1.6 percent as shoppers cut back on spending – Live Update

MY NUMBER 1 RECOMMENDATION TO CREATE FULL TIME INCOME ONLINE: CLICK HERE Mrgood morning. There is more dire economic data this morning as August retail sales fell by the fastest pace in eight months. The amount of goods sold in shops and online fell by 1.6 per cent since July, according to the ONS. That … Read more

The owner of Louis Vuitton tells the staff to take the stairs and turns up the thermostats in the store

MY NUMBER 1 RECOMMENDATION TO CREATE FULL TIME INCOME ONLINE: CLICK HERE Louis Vuitton owner LVMH is preparing to lower its energy bill this winter by lowering the thermostat in its stores and asking staff to take the stairs instead of the elevator. The luxury goods giant he runs the richest man in EuropeBernard Arnault, … Read more

Inflation eases to 9.9 percent as fuel prices fall – Live Updates

MY NUMBER 1 RECOMMENDATION TO CREATE FULL TIME INCOME ONLINE: CLICK HERE Mrgood morning. There is some much needed good news this morning as UK inflation moderated somewhat in August. According to the ONS, the consumer price index cooled to 9.9 per cent last month. That’s down from 10.1 percent in July, though still not … Read more

Unemployment falls to lowest level since 1974 as inflation eats up wages – Live Updates

MY NUMBER 1 RECOMMENDATION TO CREATE FULL TIME INCOME ONLINE: CLICK HERE Mrgood morning. UK unemployment has fallen to its lowest level in nearly 50 years as more Britons leave the workforce. The latest ONS figures showed 3.6 per cent of adults were out of work and looking for a job in the three months … Read more

UK economy rebounds ‘weakly’ in July – live updates

MY NUMBER 1 RECOMMENDATION TO CREATE FULL TIME INCOME ONLINE: CLICK HERE Mrgood morning. We start the week with more gloomy economic data as Britain moves ever closer to recession. According to new ONS statistics, GDP rose by just 0.2 per cent in July, after falling by 0.6 per cent in June due to the … Read more

EU leaders meet for emergency energy talks amid disagreements over price cap

MY NUMBER 1 RECOMMENDATION TO CREATE FULL TIME INCOME ONLINE: CLICK HERE Mrgood morning. EU countries will meet today to find new measures to protect households from skyrocketing energy bills as the region heads into recession. The bloc’s energy ministers will discuss a range of options drawn up by European Commission President Ursula von der … Read more

Liz Truss to renegotiate contracts with energy suppliers amid market turmoil – Live Updates

MY NUMBER 1 RECOMMENDATION TO CREATE FULL TIME INCOME ONLINE: CLICK HERE Mrgood morning. Liz Truss is preparing to overhaul the energy market as part of a wider package of support with rising bills. Renewable energy producers have agreed in principle to accept new long-term contracts at prices significantly lower than current ones, the BBC … Read more

The price of oil has fallen to its lowest level since the invasion of Ukraine, which struck Putin

MY NUMBER 1 RECOMMENDATION TO CREATE FULL TIME INCOME ONLINE: CLICK HERE Oil has fallen by more than a quarter since June, cutting into the revenue the Kremlin can generate to fund its war on energy prices. After rising to nearly $140 a barrel at the start of the war, oil has come under pressure … Read more

UK’s biggest gas supplier Norway ready to discuss price cap – Live Updates

MY NUMBER 1 RECOMMENDATION TO CREATE FULL TIME INCOME ONLINE: CLICK HERE Mrgood morning. Norway has said it is ready to discuss a possible cap on the price of its gas, which could help further ease the energy crisis. The Scandinavian country is Britain’s biggest supplier of gas, so any price cap could lower household … Read more

Truss energy bills freeze to cost £130bn – Live Updates

MY NUMBER 1 RECOMMENDATION TO CREATE FULL TIME INCOME ONLINE: CLICK HERE Mrgood morning. Energy bills will be frozen for British households under a new plan that could cost £130 billion. Liz Truss has finalized plans for a new system that will prevent a sharp rise in the energy price cap from October. The policy … Read more

Gas prices surge 35 percent after Putin shuts down Nord Stream pipeline ‘indefinitely’ – live updates

MY NUMBER 1 RECOMMENDATION TO CREATE FULL TIME INCOME ONLINE: CLICK HERE Mrgood morning. We start the week with another spike in gas prices after Putin cut off supplies via the key Nord Stream gas pipeline. The gas connection is expected to be restarted on Saturday after three days of scheduled maintenance. But Gazprom decided … Read more

Thousands of households face energy bills of £6,500 since October, Nationwide warns – live updates

MY NUMBER 1 RECOMMENDATION TO CREATE FULL TIME INCOME ONLINE: CLICK HERE Mrgood morning. Thousands of UK households face energy bills of £7,000 as soon as the price cap increases come into effect in October. Forecasts from Nationwide show that the least energy efficient households face a whopping £2,700 rise in their bills. This is … Read more

Train strike called during Labor conference as union urges MPs to join line – live updates

MY NUMBER 1 RECOMMENDATION TO CREATE FULL TIME INCOME ONLINE: CLICK HERE Mrgood morning. Union bosses have upped the ante with their latest plans for industrial action and threatened to quit during the Labor party conference next month. Workers at nine rail operators and infrastructure owner Network Rail will walk off the job for 24 … Read more

Putin cuts gas supplies to France amid deepening energy crisis – Live Updates

MY NUMBER 1 RECOMMENDATION TO CREATE FULL TIME INCOME ONLINE: CLICK HERE Mrgood morning. We are starting another escalation of the energy crisis as Putin cut gas supplies to France. Gazprom has informed the French company Engie that it is reducing gas supplies as of today due to a disagreement over the use of some … Read more

Energy price cap jumps to £3,549 – live updates

MY NUMBER 1 RECOMMENDATION TO CREATE FULL TIME INCOME ONLINE: CLICK HERE Mrgood morning. The price of energy has jumped to £3,549 as rising wholesale gas prices put an increasing burden on British households. The 80 per cent price rise will take effect from October, Ofgem confirmed this morning. The figures are the latest blow … Read more

Shell fined over high household energy bills – live updates

MY NUMBER 1 RECOMMENDATION TO CREATE FULL TIME INCOME ONLINE: CLICK HERE Mrgood morning. Shell has been fined for overcharging some households on their energy bills, in a move that is likely to spark a political backlash over windfall profits from big energy companies. Shell Energy Retail will pay £537,000 in overcharges to more than … Read more

Energy crisis will push thousands of UK businesses out of business, CBI warns – live updates

MY NUMBER 1 RECOMMENDATION TO CREATE FULL TIME INCOME ONLINE: CLICK HERE Mrgood morning. Britain’s biggest business group has sounded the alarm over the growing energy crisis, saying thousands of businesses could collapse without further support. The Confederation of British Industry (CBI) has called on the government to freeze business interest rates for another year … Read more

Britain faces ‘catastrophic’ winter energy crisis, EDF warns – live updates

MY NUMBER 1 RECOMMENDATION TO CREATE FULL TIME INCOME ONLINE: CLICK HERE Mrgood morning. We start the day with another dire warning about the looming energy crisis. Philippe Commaret, EDF’s managing director for customers, warned that Britain was facing a “dramatic and catastrophic” energy crisis in the coming months. He told BBC Radio 4 that … Read more

Buyers face shortages as 2,000 dockers strike in Felixstowe – live updates

MY NUMBER 1 RECOMMENDATION TO CREATE FULL TIME INCOME ONLINE: CLICK HERE Mrgood morning. Trade worth almost £700m could be disrupted by strikes at Britain’s biggest container port. Workers at a Felixstowe firm yesterday began an eight-day walkout, causing severe disruption at the start of the “peak season” leading up to Christmas. It’s a quiet … Read more

Blow to Tory tax cut promises as rising inflation pushes up UK borrowing – live updates

MY NUMBER 1 RECOMMENDATION TO CREATE FULL TIME INCOME ONLINE: CLICK HERE Mrgood morning. Government borrowing has exceeded forecasts as rising inflation increases debt servicing costs. Public borrowing reached £4.9bn in July – well above the £0.2bn expected by the fiscal watchdog. This brings the total for 2022-23 to £55bn so far, £3bn more than … Read more

Liz Truss plans to unite city regulators in ‘war on technocrats’ – Live Updates

MY NUMBER 1 RECOMMENDATION TO CREATE FULL TIME INCOME ONLINE: CLICK HERE Mrgood morning. Liz Truss is said to be considering a merger of the city’s three watchdogs as part of a wider shake-up of financial regulation. According to the plans, the Authority for Financial Conduct, the Authority for Due Diligence and Safe Business and … Read more

Inflation Hits Double Digits For First Time In 40 Years – Live Updates

MY NUMBER 1 RECOMMENDATION TO CREATE FULL TIME INCOME ONLINE: CLICK HERE Mrgood morning. We start the day with another set of stunning inflation data that highlights the growing cost of living crisis. The consumer price index rose to 10.1 per cent in July – up from 9.4 per cent the previous month and the … Read more

Businesses cut hiring for first time in two years due to recession – Live Updates

MY NUMBER 1 RECOMMENDATION TO CREATE FULL TIME INCOME ONLINE: CLICK HERE Mrgood morning. UK job vacancies fell for the first time since August 2020, a further sign that the cost of living crisis could push Britain into recession. The number of job openings among employers fell by 19,800 to 1.27 million in the last … Read more

Russia reopens bond market to ‘non-hostile’ investors – Live Updates

MY NUMBER 1 RECOMMENDATION TO CREATE FULL TIME INCOME ONLINE: CLICK HERE Mrgood morning. Russia has taken a step toward reopening its markets — but only to countries it considers “friendly.” Bond trading will resume today on the Moscow Stock Exchange for investors from “non-hostile countries” – meaning those that have not targeted Russia with … Read more

The economy shrank by 0.1 percent in the second quarter due to the inflationary crisis – Live Updates

MY NUMBER 1 RECOMMENDATION TO CREATE FULL TIME INCOME ONLINE: CLICK HERE Mrgood morning. It’s all about growth this morning as we get the June GDP data to supplement the second quarter numbers. National output is expected to fall 1.2 percent in June, partly due to the platinum jubilee celebrations. In the quarter, this is … Read more

Home prices to keep rising despite price scare – Live Updates

MY NUMBER 1 RECOMMENDATION TO CREATE FULL TIME INCOME ONLINE: CLICK HERE Mrgood morning. Skyrocketing interest rates won’t dampen the heat of the UK housing market, says a new report. The Royal Institution of Chartered Surveyors (RICS) says a lack of properties coming on the market will offset declining buyer interest in the coming year. … Read more

Energy giants face tougher tax on windfall profits as bosses called in for crisis talks – live updates

MY NUMBER 1 RECOMMENDATION TO CREATE FULL TIME INCOME ONLINE: CLICK HERE Mrgood morning. Households need at least an extra £500 to survive skyrocketing energy bills this winter as predictions of a price cap continue to rise. That’s according to Octopus Energy boss Greg Jackson, who said the current £400 bailout plans were “clearly insufficient” … Read more

Get back to work to help the economy, John Lewis boss tells retirees – Live Updates

MY NUMBER 1 RECOMMENDATION TO CREATE FULL TIME INCOME ONLINE: CLICK HERE Mrgood morning. People who retired during the pandemic should return to work to help the ailing economy, the boss of John Lewis has said. Dame Sharon White has called on the Government to encourage people – especially those in their 50s – who … Read more

Airline asks bosses to work as baggage handlers amid staff shortage – Live Updates

MY NUMBER 1 RECOMMENDATION TO CREATE FULL TIME INCOME ONLINE: CLICK HERE Mrgood morning. The extent of staff shortages in the aviation sector has been revealed after one airline told its management to pull the plug. Qantas wrote to bosses at head offices looking for 100 volunteers to leave their office jobs for three months … Read more

The US Senate passed Biden’s $454 billion inflation relief bill

MY NUMBER 1 RECOMMENDATION TO CREATE FULL TIME INCOME ONLINE: CLICK HERE Although much more modest than Democrats had hoped, the passage of the key bill is a welcome boost for Mr. Biden, whose poll ratings fell in the last year. It is estimated that climate provisions aimed at weaning the US off fossil fuels … Read more

Home prices fall for the first time in a year – Live Updates

MY NUMBER 1 RECOMMENDATION TO CREATE FULL TIME INCOME ONLINE: CLICK HERE Mrgood morning. After months of relentless growth, housing prices have finally fallen. The latest data from Halifax showed prices fell 0.1 per cent in July – the first fall since June 2021. The average home value was £293,221, still up 11.8 per cent … Read more

A heat wave and the return of weddings has led to a surprising jump in sales on Next – live updates

MY NUMBER 1 RECOMMENDATION TO CREATE FULL TIME INCOME ONLINE: CLICK HERE Mrgood morning. There’s an upbeat update this morning from Next, which revealed a surprise increase in sales last quarter. Full-price sales rose 5 per cent in the second quarter, jumping £50m ahead of guidance. This happened despite fears that trading would fall below … Read more

Sir Nick Clegg leaves Silicon Valley for London in Meta’s latest move – live updates

MY NUMBER 1 RECOMMENDATION TO CREATE FULL TIME INCOME ONLINE: CLICK HERE Mrgood morning. Sir Nick Clegg is moving part-time to the UK, becoming the latest top Meta official to ditch Silicon Valley. The former deputy prime minister turned social media executive will split his time between homes in London and California, Financial Times. It … Read more

BP profits rise as energy bills hit £3,600 a year – Live Updates

MY NUMBER 1 RECOMMENDATION TO CREATE FULL TIME INCOME ONLINE: CLICK HERE Mrgood morning. BP followed in the footsteps of its big oil rivals by delivering a big boost to profits. The FTSE 100 company said second-quarter profits tripled to $9.3bn (£7.6bn), the most since 2008. Like its rivals, BP cashed in on soaring energy … Read more

HSBC to restart dividend as it fights bid to split bank – Live Update

MY NUMBER 1 RECOMMENDATION TO CREATE FULL TIME INCOME ONLINE: CLICK HERE Mrgood morning. HSBC has vowed to continue with its quarterly dividend as it resists calls from its biggest shareholder for the bank to be broken up. The London-based lender said it was in talks with Ping An, the Chinese insurance giant, which is … Read more

British Airways owner returns to profit as travel chaos destroys summer getaways – Live Updates

MY NUMBER 1 RECOMMENDATION TO CREATE FULL TIME INCOME ONLINE: CLICK HERE Mrgood morning. The owner of British Airways has returned to profit even as delays and cancellations have caused woes for British tourists. IAG posted an operating profit of €293m (£245m) in the three months to the end of June, up from a loss … Read more

Q&A: What the US recession means for the world

MY NUMBER 1 RECOMMENDATION TO CREATE FULL TIME INCOME ONLINE: CLICK HERE The United States has entered a recession after a surprising contraction in the second quarter of the year. The fall has ramifications far beyond the country’s borders, although some dispute the seriousness of the problem. What happened? The US economy shrank by 0.9 … Read more

Shell and owner British Gas hand out billions to shareholders as energy bills soar – live updates

MY NUMBER 1 RECOMMENDATION TO CREATE FULL TIME INCOME ONLINE: CLICK HERE Mrgood morning. In a busy morning for business results, there are two standout winners. Shell and British Gas owner Centrica posted a jump in profits in their latest quarter as they cashed in on rising energy prices triggered by Russia’s war in Ukraine. … Read more

Gas prices rise further as Putin cuts supply again – Live Updates

MY NUMBER 1 RECOMMENDATION TO CREATE FULL TIME INCOME ONLINE: CLICK HERE Mrgood morning. Europe’s energy crisis deepened this morning as the continent prepares for further cuts in Russian gas supplies. The orders show that flow through the key Nord Stream pipeline – the largest pipeline link from Russia to the EU – will operate … Read more

Putin benefits from energy crisis while war destroys European growth

MY NUMBER 1 RECOMMENDATION TO CREATE FULL TIME INCOME ONLINE: CLICK HERE “The effects of the war on Europe’s major economies have been more negative than expected due to higher energy prices, as well as weaker consumer confidence and a slower pick-up in manufacturing as a result of persistent supply chain disruptions and rising input … Read more

British satellite company OneWeb snapped up by French rival in $3.4bn deal – Live Updates

MY NUMBER 1 RECOMMENDATION TO CREATE FULL TIME INCOME ONLINE: CLICK HERE Mrgood morning. OneWeb has confirmed it has been taken over by French rival Eutelsat in a deal valuing the British satellite champion at $3.4bn (£2.8bn). Shareholders of OneWeb, which was bailed out by Boris Johnson in 2020, will own 50 percent of Eutelsat, … Read more

You had one job, Ryanair tells airports amid travel chaos – live updates

MY NUMBER 1 RECOMMENDATION TO CREATE FULL TIME INCOME ONLINE: CLICK HERE Mrgood morning. Ryanair has fired a fresh salvo at airports as the row over this summer’s travel chaos continues. Neil Sorahan, the chief financial officer, told BBC radio that airports “have one job to do, which is to make sure they have enough … Read more

Retail Sales Fall Despite Platinum Jubilee Increase – Live Update

MY NUMBER 1 RECOMMENDATION TO CREATE FULL TIME INCOME ONLINE: CLICK HERE Mrgood morning. A splurge on food and drink over the platinum jubilee weekend failed to boost retail sales as consumer spending remained subdued amid rising inflation. According to the ONS, retail sales fell by 0.1 percent in June. That’s ahead of May’s 0.8 … Read more

Blow for Truss and Sunak as debt costs stake fiscal strength – Live Updates

MY NUMBER 1 RECOMMENDATION TO CREATE FULL TIME INCOME ONLINE: CLICK HERE Mrgood morning. A record interest bill pushed the budget deficit to £22.9 billion in June, limiting the next prime minister’s fiscal power as borrowing hit a non-Covid high this month. Interest payments on debt, driven up by inflation on huge stocks of index-linked … Read more

Inflation rises to 40-year high of 9.4 percent – Live Updates

MY NUMBER 1 RECOMMENDATION TO CREATE FULL TIME INCOME ONLINE: CLICK HERE Mrgood morning. Another month, another rise in inflation. The consumer price index jumped to 9.4 percent in June — up from 9.1 percent the previous month and another 40-year high. Again, the main drivers of growth were energy and food, which also covered … Read more

Workers are returning to the job market despite a record drop in wages – Live Updates

MY NUMBER 1 RECOMMENDATION TO CREATE FULL TIME INCOME ONLINE: CLICK HERE Mrgood morning. UK workers are returning to the job market at the fastest pace since the start of the pandemic as the cost of living crisis takes its toll. The Covid outbreak triggered a spike in people leaving the workforce, triggering a general … Read more

Concessions to unions ‘risk plunging Britain into recession’ – live updates

MY NUMBER 1 RECOMMENDATION TO CREATE FULL TIME INCOME ONLINE: CLICK HERE Mrgood morning. Britain could plunge into recession if the government gives in to union demands for exorbitant wages. That’s according to the Institute of Economic Affairs, which warned that large wage increases risk increasing public sector borrowing, which in turn would lead to … Read more

China’s economy slumps as zero covid epidemic takes its toll – Live Updates

MY NUMBER 1 RECOMMENDATION TO CREATE FULL TIME INCOME ONLINE: CLICK HERE Mrgood morning. China is paying the price for its no-Covid strategy as economic growth slowed to a crawl in the second quarter. GDP grew by just 0.4 percent during the period, well below forecasts and marking the slowest growth since the first wave … Read more

Brussels Raises Inflation Forecast As Putin’s Gas Threat Hangs Over EU – Live Updates

MY NUMBER 1 RECOMMENDATION TO CREATE FULL TIME INCOME ONLINE: CLICK HERE Mrgood morning. The crypto winter just got a little colder when lender Celsius Network filed for Chapter 11 bankruptcy protection in New York. The crypto-lender said it took the step to stabilize its business and prepare for restructuring. Last month, it stopped all … Read more

UK economy defies expectations to grow by 0.5% – live updates

MY NUMBER 1 RECOMMENDATION TO CREATE FULL TIME INCOME ONLINE: CLICK HERE Mrgood morning. We start the day with some unexpectedly upbeat figures showing that the UK economy grew by more than forecast in May. According to the ONS, GDP increased by 0.5 percent in May. This is a sharp improvement from the 0.2 percent … Read more

Retail sales fall fastest since quarantine – Live Updates

MY NUMBER 1 RECOMMENDATION TO CREATE FULL TIME INCOME ONLINE: CLICK HERE Mrgood morning. Retail sales are falling at their fastest pace since Britain was in the grip of lockdown as rising inflation and a deepening cost-of-living crisis force shoppers to tighten their scrotums. According to the BRC and KPMG, total sales fell by 1 … Read more

Heathrow warns of more flight cancellations as it apologizes for travel chaos – Live Updates

MY NUMBER 1 RECOMMENDATION TO CREATE FULL TIME INCOME ONLINE: CLICK HERE Mrgood morning. British travelers could be in for more woes as Heathrow warned it could order airlines to cancel more flights. The airport said it would review the recent timetable changes and urge carriers to take action where necessary. It came as Heathrow … Read more

Germany begins energy rationalization as Putin’s gas cuts bite – live updates

MY NUMBER 1 RECOMMENDATION TO CREATE FULL TIME INCOME ONLINE: CLICK HERE Mrgood morning. Germany has begun an unofficial energy rationalization process amid growing fears that Putin’s gas supply cuts could lead to blackouts this winter. Economy Minister Robert Habeck placed the country in the second phase of his three-stage emergency gas plan, warning: “We … Read more

Fix My Tanks, Putin Orders Russian Industry – Live Updates

MY NUMBER 1 RECOMMENDATION TO CREATE FULL TIME INCOME ONLINE: CLICK HERE Mrgood morning. Putin tightens control over businesses and workers as Russia’s economy begins to falter. The Kremlin has proposed new laws that would force private companies to repair tanks and weapons and make new goods for the military. It would also introduce “special … Read more

New Chancellor Nadhim Zahawi: New Chancellor Nadhim Zahawi says nothing is on the table

MY NUMBER 1 RECOMMENDATION TO CREATE FULL TIME INCOME ONLINE: CLICK HERE Mrgood morning. It’s a baptism of fire for new chancellor Nadhim Zahawi, who has been lambasted on his first day in the job over his plans for the UK economy. Mr Zahawi, who was appointed after the dramatic resignation of Rishi Sunak last … Read more

£50bn wiped off FTSE 100 amid global recession fears

MY NUMBER 1 RECOMMENDATION TO CREATE FULL TIME INCOME ONLINE: CLICK HERE In the US, the yield curve – the difference in yields between long-term and short-term government debt – has inverted, a sign that investors are worried about imminent recession in the world’s largest economy. The FTSE 100 plunged 2.8 percent, wiping out around … Read more

Britain braces for first national rail strike in 25 years – live updates

MY NUMBER 1 RECOMMENDATION TO CREATE FULL TIME INCOME ONLINE: CLICK HERE Mrgood morning. A summer of discontent looks set to worsen after UK train drivers threatened their first national strike in more than 25 years. Aslef, the train drivers’ union, will vote on industrial action at 10 rail companies to coincide with similar action … Read more

Record number of UK firms planning imminent price rises – Live Updates

MY NUMBER 1 RECOMMENDATION TO CREATE FULL TIME INCOME ONLINE: CLICK HERE Mrgood morning. The cost of living crisis appears to have a long way to go, with a record number of UK businesses planning imminent price increases. According to the British Chamber of Commerce, almost two thirds of businesses expect prices to rise in … Read more

Putin signs order to seize Shell’s Russian gas project – live updates

MY NUMBER 1 RECOMMENDATION TO CREATE FULL TIME INCOME ONLINE: CLICK HERE Mrgood morning. Shell could be forced to abandon its investment in a major Russian gas project after Putin threatened to seize rights to the facility. The Kremlin said the rights to the Sakhalin-2 power plant would be transferred to a new Russian company, … Read more

Revenue in the UK faces the biggest pressure since 1955 – live updates

MY NUMBER 1 RECOMMENDATION TO CREATE FULL TIME INCOME ONLINE: CLICK HERE Ggood morning. Household incomes in the UK fell in an unprecedented fourth quarter as the cost of living crisis continues to erode budgets. The fall in disposable income of 0.2 percent in the first three months of this year is the longest series … Read more

The United Kingdom has drawn up an emergency plan to reduce gas supplies to Europe – live updates

MY NUMBER 1 RECOMMENDATION TO CREATE FULL TIME INCOME ONLINE: CLICK HERE Ggood morning. The UK will cut off gas supplies to continental Europe as part of an emergency plan prepared to combat Russia’s energy crisis. The so-called connecting pipeline to the Netherlands and Belgium would close the National Grid if supplies ran out in … Read more

Three market signs telling us we are going into recession

MY NUMBER 1 RECOMMENDATION TO CREATE FULL TIME INCOME ONLINE: CLICK HERE Of course, stocks are not traded at the bottom of this range. We could go lower. But the balance sheet had a net debt of just £ 47 million at the last count, so there is no pressure there, even in the event … Read more

The G7 is willing to limit Russian gas prices as it wraps up Putin – live updates

MY NUMBER 1 RECOMMENDATION TO CREATE FULL TIME INCOME ONLINE: CLICK HERE Ggood morning. The G7 is preparing to tighten the screws at the Kremlin coffers with the ceiling on Russian energy prices. Leaders are expected to announce plans for a cap on Russian gas prices today. This is in addition to the mechanism for … Read more

The UK is facing a recession as inflation rises, warns KPMG – live updates

MY NUMBER 1 RECOMMENDATION TO CREATE FULL TIME INCOME ONLINE: CLICK HERE Ggood morning. The UK could be pushed into recession as escaped inflation threatens to wipe out economic growth. KPMG has become the last organization to raise the alarm, as the likelihood that the UK will fall into a “mild recession” is around 50 … Read more

Germany warns of shutting down industry if Putin closes gas taps – live updates

MY NUMBER 1 RECOMMENDATION TO CREATE FULL TIME INCOME ONLINE: CLICK HERE Ggood morning. Germany is facing a shutdown of the industry unless Russian gas supplies improve, one of its top ministers warned today. Economy Minister Robert Habeck said in an interview: “Companies should stop production, lay off their workers, supply chains would collapse, people … Read more

Interest payments on UK debt rose to £ 7.6 billion – live updates

MY NUMBER 1 RECOMMENDATION TO CREATE FULL TIME INCOME ONLINE: CLICK HERE Mr.good morning The government borrowed more than forecast in May, exposing risks to public finances as the cost of living crisis threatens to plunge Britain into recession. Rishi Sunak borrowed another £ 14bn last month, £ 2bn more than economists had forecast. According … Read more

Inflation reached a new 40-year high of 9.1 percent – live updates

MY NUMBER 1 RECOMMENDATION TO CREATE FULL TIME INCOME ONLINE: CLICK HERE Mr.good morning The latest inflation data, which reached a new 40-year high in May, is not weakening. According to the ONS, the consumer price index rose to 9.1 percent last month. That’s 9% a month earlier. Prices rose 0.7 percent in the month … Read more

The British will spend an extra £ 380 on food this year – live updates

MY NUMBER 1 RECOMMENDATION TO CREATE FULL TIME INCOME ONLINE: CLICK HERE Mr.good morning The bosses warned that further strikes would cause “incredible” damage to the UK in both the short and long term. Businesses are on the verge of disruption as the biggest walk on the British railways begins today. The Center for Economic … Read more

EasyJet reduces thousands of summer flights – live updates

MY NUMBER 1 RECOMMENDATION TO CREATE FULL TIME INCOME ONLINE: CLICK HERE Mr.good morning EasyJet is cutting thousands of flights this summer as it grapples with a severe shortage of staff that has caused misery to holidaymakers since the lifting of the Covid restrictions. Initial estimates suggest that easyJet will reduce more than 4,000 flights … Read more

Tesco warns of inflation as sales in the UK decline – live updates

MY NUMBER 1 RECOMMENDATION TO CREATE FULL TIME INCOME ONLINE: CLICK HERE Mr.good morning There are some early signs of how inflation is affecting retailers after Tesco warned that the crisis in the cost of living is forcing customers to cut. Ken Murphy, CEO of Tesco, noted that the company is noticing “some early signs … Read more

Food prices will rise by 15 percent this summer – live updates

MY NUMBER 1 RECOMMENDATION TO CREATE FULL TIME INCOME ONLINE: CLICK HERE Mr.good morning Households will face a new attack on their finances this summer due to the forecast that food prices will rise by 15 percent. Food inflation is expected to accelerate in the coming months due to higher costs for products such as … Read more

The largest increase in US interest rates since 1994

MY NUMBER 1 RECOMMENDATION TO CREATE FULL TIME INCOME ONLINE: CLICK HERE Martin Beck, chief adviser to the EY Item Club, said higher U.S. interest rates and a lower pound are putting more pressure on the Bank of England to accelerate interest rate hikes. He said: “It means more pressure on them to tighten up. … Read more

British technology giant Arm to be locked up in London after sale for national security – live updates

MY NUMBER 1 RECOMMENDATION TO CREATE FULL TIME INCOME ONLINE: CLICK HERE Mr.good morning The British technology sector received a welcome boost this morning after it emerged that SoftBank intends to announce part of its stake in chipmaker Arm in London. The Japanese conglomerate was preparing an initial public offering in New York after Nvidia’s … Read more

Recession threatens as Ukrainian war “pushes a fifth of EU companies to the margins”

MY NUMBER 1 RECOMMENDATION TO CREATE FULL TIME INCOME ONLINE: CLICK HERE Investors are preparing for a recession in Europe, warning that Russia’s invasion of Ukraine could push nearly a fifth of EU companies to the brink of collapse. According to a Bank of America survey, more than half of investment managers – 54 percent … Read more

Bitcoin falls 10 percent as the cryptocurrency continues

MY NUMBER 1 RECOMMENDATION TO CREATE FULL TIME INCOME ONLINE: CLICK HERE The cooling of attitudes towards Bitcoin may be due to the possibility of a further rise in central bank interest rates to dampen inflation. Cryptocurrencies have fallen sharply due to the flight from high-risk assets as monetary policy around the world tightens. Inflation … Read more

Wages in the UK are falling the fastest in more than 20 years – live updates

MY NUMBER 1 RECOMMENDATION TO CREATE FULL TIME INCOME ONLINE: CLICK HERE Mr.good morning We start the day with a strong reminder of how the cost of living crisis is eating away at household budgets. Real wages without bonuses fell by 3.4 percent in April, the latest decline since the record began in 2001, according … Read more

Rishi Sunak accused of wasting £ 11bn in sovereign debt fallacy – live updates

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Surrey constituency gas drill by Jeremy Hunt gets government approval – live updates

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A week of chaos threatens when the railway network is closed due to the strike – live updates

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Customers are shrinking as household bills grow – live updates

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Germany faces 5 billion euros in Russian gas sanctions – live updates

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Businesses are “most disappointed so far” when prices in stores are rising – live updates

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Rishi Sunak insists support for energy bills will have “minimal” impact on inflation – live updates

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Sunak is accused of raising taxes while claiming to have lowered them – live updates

MY NUMBER 1 RECOMMENDATION TO CREATE FULL TIME INCOME ONLINE: CLICK HERE Mr.good morning IFS has raised the alarm over Rishi Sunak’s plans to help British households with their energy bills. Paul Johnson, director of IFS, said further support for the poorest households in the UK was “very much needed” as energy bills continue to … Read more

Elites in Davos fear a “Volcker moment” when central banks draw their swords

MY NUMBER 1 RECOMMENDATION TO CREATE FULL TIME INCOME ONLINE: CLICK HERE Joint warning from Davos is that omnipotent central banks are no longer on your side, so don’t tempt fate by reflexively buying falls. cash gendarmes they have let go of the inflationary spirit from the bottle and will have to squeeze the markets … Read more

Putin earns $ 1.9 billion in windfall profits from Ukraine’s section – live updates

MY NUMBER 1 RECOMMENDATION TO CREATE FULL TIME INCOME ONLINE: CLICK HERE Mr.good morning While the rest of the world is grappling with a deepening food crisis, Russia has quietly cashed in. Putin’s invasion of Ukraine this year has raised world wheat prices by 50 percent to near-record highs, sparking fears of widespread hunger and … Read more

The world is facing “hunger and starvation” as Putin’s war causes food shortages, warns Shapps – live updates

MY NUMBER 1 RECOMMENDATION TO CREATE FULL TIME INCOME ONLINE: CLICK HERE Mr.good morning We start the day with a sharp warning from Grant Shapps about the possible consequences of the food crisis. The transport minister said the world could suffer “a lot of hunger and even hunger” due to the shortage triggered by Putin’s … Read more

Gazprom is trying to distance itself from Putin with a British brand change – live updates

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Retail sales are growing in April despite lower inflation – live updates

MY NUMBER 1 RECOMMENDATION TO CREATE FULL TIME INCOME ONLINE: CLICK HERE Mr.good morning Retail sales rose surprisingly in April, but rose 1.4 percent from a year earlier, despite wider gloom. Strong sales in supermarkets and clothing led to an increase, ONS reports. This is despite the fact that inflation has jumped to a 40-year … Read more

FTSE 100 boosts after Wall Street’s biggest sell-off since 2020 – live updates

MY NUMBER 1 RECOMMENDATION TO CREATE FULL TIME INCOME ONLINE: CLICK HERE Mr.good morning Global markets experienced a strong sell-off overnight as fears of rising inflation and a slowdown in economic growth alarmed investors. Both the war in Ukraine and the closure of Covid in China have reduced mood, triggering the biggest Wall Street robbery … Read more

Vladimir Putin is “arming” the world’s food supplies

MY NUMBER 1 RECOMMENDATION TO CREATE FULL TIME INCOME ONLINE: CLICK HERE It comes after Andrew Bailey, governor of the Bank of England, warned on Monday “apocalyptic” food prices are rising and expressed concern about the catastrophic consequences for the developing world. Official figures on Wednesday revealed that food bills in the UK grew the … Read more

Inflation in the UK has been growing the fastest in the last 40 years – live updates

MY NUMBER 1 RECOMMENDATION TO CREATE FULL TIME INCOME ONLINE: CLICK HERE Mr.good morning We start the day with gloomier figures on the cost of living crisis, when inflation in the UK rose to a 40-year high. The consumer price index jumped to 9 percent in April, from 7 percent last month, ONS reports. Although … Read more

For the first time, more vacancies than workers were recorded – live updates

MY NUMBER 1 RECOMMENDATION TO CREATE FULL TIME INCOME ONLINE: CLICK HERE Mr.good morning For the first time in the UK, there are now fewer unemployed than vacancies in the UK, highlighting the crisis affecting the labor market as the cost of living crisis deepens. The unemployment rate fell to 3.7 percent in the first … Read more

Why cryptocurrencies have crashed – and what will happen next

MY NUMBER 1 RECOMMENDATION TO CREATE FULL TIME INCOME ONLINE: CLICK HERE More than $ 300 billion (£ 246 billion) has been deleted from the total value of all cryptocurrencies in circulation when investors panic over the failure of the two largest crypto tokenswhile regulators are increasingly monitoring a market that was worth nearly $ … Read more

The energy price cap is reset every three months in the midst of market chaos – live updates

MY NUMBER 1 RECOMMENDATION TO CREATE FULL TIME INCOME ONLINE: CLICK HERE Mr.good morning Energy bills in the UK could be reviewed every three months in line with new Ofgem proposals. The regulator is launching a consultation on whether the above price should be updated quarterly from October and not every six months. The plan … Read more

How can the West force Putin to pay for what he has done to Ukraine

MY NUMBER 1 RECOMMENDATION TO CREATE FULL TIME INCOME ONLINE: CLICK HERE Julia Svyrydenko, Ukraine’s Minister of Economic Development and Trade, says the country needs to build more connections to the west, as the Black Sea is actually closed by Russian ships. “Our main task now is to upgrade and increase the flow capacity of … Read more

Why cryptocurrencies have crashed – and what will happen next

MY NUMBER 1 RECOMMENDATION TO CREATE FULL TIME INCOME ONLINE: CLICK HERE More than $ 300 billion (£ 246 billion) has been wiped out of all cryptocurrencies in circulation in the past week when investors panic over the failure of the two largest crypto tokenswhile regulators are increasingly monitoring a market that was worth nearly … Read more

Top Tories are attacking the Bank of England for “consistent” inflation failures – live updates

MY NUMBER 1 RECOMMENDATION TO CREATE FULL TIME INCOME ONLINE: CLICK HERE Mr.good morning The Bank of England is facing a growing political dispute after the Tory top MP attacked the central bank for failing to tackle inflation. Liam Fox, a former defense minister, said the bank had “consistently” misjudged the danger of soaring prices … Read more

The recession is threatening after the British economy contracted in March – live updates

MY NUMBER 1 RECOMMENDATION TO CREATE FULL TIME INCOME ONLINE: CLICK HERE Mr.good morning There are more worrying signs that the UK could go into recession after the economy contracted in March. GDP fell 0.1 percent after February’s growth was corrected to zero, ONS reports. Figures coming before April’s huge rise in energy bills highlight … Read more

Fears of European gas supply as Ukraine cuts Russian exports – live updates

MY NUMBER 1 RECOMMENDATION TO CREATE FULL TIME INCOME ONLINE: CLICK HERE Mr.good morning Gas prices have risen amid the conflict between Ukraine and Russia, which threatens to disrupt a third of the supply of fuel delivered to Europe. Ukraine has said that flows through one of the two key entry points will be stopped … Read more

Asian stocks fall as recession fears grip markets – live updates

MY NUMBER 1 RECOMMENDATION TO CREATE FULL TIME INCOME ONLINE: CLICK HERE Mr.good morning 5 things to start the day 1) Privatization plan for faster internet Railway managers are ready to sell 10,000 miles of telephone cables running along the railroads 2) Fraudsters present themselves as the leader of cybercrime Name of the head of … Read more

Seize $ 300 billion of frozen Russian reserves to rebuild Ukraine, says EU leader – live updates

MY NUMBER 1 RECOMMENDATION TO CREATE FULL TIME INCOME ONLINE: CLICK HERE Mr.good morning Senior EU officials have suggested that the bloc seize $ 300 billion in frozen Russian foreign exchange reserves to help finance Ukraine’s reconstruction. The West has taken control of about half of Putin’s $ 600 billion in gold and foreign exchange … Read more

Housing prices are slowing as interest rates rise – live updates

MY NUMBER 1 RECOMMENDATION TO CREATE FULL TIME INCOME ONLINE: CLICK HERE Mr.good morning There are early signs that the UK boom in the UK is finally coming to an end. According to Halifax, the average house price rose 1.1 percent to 286,079 pounds in April. This is a new record and already 10 months … Read more

Shell’s profits triple when it redeems the energy crisis – live updates

MY NUMBER 1 RECOMMENDATION TO CREATE FULL TIME INCOME ONLINE: CLICK HERE Mr.good morning Shell followed rival BP when it saw profit growth in the first quarter due to chaos in the energy markets. FTSE 100 reported adjusted profits of $ 9.1 billion (£ 7.2 billion), nearly three times more than it generated in the … Read more

Chinese companies risk US sanctions when buying Russian oil at a reduced price – live updates

MY NUMBER 1 RECOMMENDATION TO CREATE FULL TIME INCOME ONLINE: CLICK HERE Mr.good morning Chinese companies seem to be sailing close to the wind as they quietly buy Russian oil at steep discounts. Independent oil refineries in the country have been negotiating with Russian oil suppliers since the start of the war, but have stopped … Read more

BP’s biggest profit in a decade boosts tax revenue requirements – live updates

MY NUMBER 1 RECOMMENDATION TO CREATE FULL TIME INCOME ONLINE: CLICK HERE Mr.good morning BP announced plans to increase its share buybacks by $ 2.5 billion after high oil prices helped boost its cash flows. The energy giant said rising prices have helped it offset $ 25.5 billion in costs incurred after exiting a stake … Read more

Germany gives the green light to ban Russian oil – live updates

MY NUMBER 1 RECOMMENDATION TO CREATE FULL TIME INCOME ONLINE: CLICK HERE Mr.good morning After weeks of resistance, Germany appears to have abandoned opposition to sanctions against Russian oil. Europe’s largest economy has long been trying to block the Kremlin’s energy ban and warns that such a move would trigger a recession across the continent. … Read more

EU gas companies will give in to Putin’s demand for rubles – live updates

MY NUMBER 1 RECOMMENDATION TO CREATE FULL TIME INCOME ONLINE: CLICK HERE Mr.good morning There are signs that EU unity is beginning to crumble as Russia is blackmailed by gas. Several major European energy companies – including Germany’s Uniper, Italy’s ENI and Austria’s rival OMW – are expected to prepare for payments for gas from … Read more

Gas prices jump by 24 percent when Putin closes taps – live updates

MY NUMBER 1 RECOMMENDATION TO CREATE FULL TIME INCOME ONLINE: CLICK HERE Mr.good morning We saw the first sign that Vladimir Putin was serious about his threat to turn off the taps. Gazprom confirmed that it had cut off natural gas supplies to Poland and Bulgaria because they had not paid in rubles, adding that … Read more

Twitter locks up to keep staff from ‘sleeping’ over Elon Musk takeover – live updates

MY NUMBER 1 RECOMMENDATION TO CREATE FULL TIME INCOME ONLINE: CLICK HERE Mr.good morning Twitter has locked up changes to its website to prevent disgruntled staff from ‘driving’ and implementing unauthorized changes following the $ 44 billion takeover of Elon Musk. Elsewhere, net public sector borrowing was below forecast in March, with £ 18.1 billion … Read more

The FTSE 100 is expected to fall 1.5 pieces as Beijing faces closure – live updates

MY NUMBER 1 RECOMMENDATION TO CREATE FULL TIME INCOME ONLINE: CLICK HERE Mr.good morning Markets are expected to start the week firmly in the red, as fears of rising inflation, slowing economic growth and stagnation in China have affected mood. Asian markets fell overnight, and Chinese stocks are expected to reach their lowest level since … Read more

Customers stay at home as consumer confidence falls to its lowest level since 2008 – live updates

MY NUMBER 1 RECOMMENDATION TO CREATE FULL TIME INCOME ONLINE: CLICK HERE Mr.good morning There is more evidence of a cost of living crisis this morning, with two sets of data pointing to a huge pressure on household finances. The latest ONS data showed that retail sales fell 1.4 percent in March. This is much … Read more

Russian ruble problems deepen as it struggles to avoid debt default – live updates

MY NUMBER 1 RECOMMENDATION TO CREATE FULL TIME INCOME ONLINE: CLICK HERE Mr.good morning Russia’s race to avoid defaulting on its debt has intensified as it seeks to find a way out of sanctions. The state is approaching default after Wall Street banks stopped paying interest on two-dollar bonds and forced it to pay in … Read more

Netflix is ​​turning to ads as declining subscribers cause stock crashes – live updates

MY NUMBER 1 RECOMMENDATION TO CREATE FULL TIME INCOME ONLINE: CLICK HERE Mr.good morning Netflix is ​​breaking all its old rules after a disastrous set of quarterly results cast doubt on its future prospects. The flow giant said it lost 200,000 subscribers in the first three months of the year, the first decline in more … Read more

The UK will suffer the weakest growth in the G7 as Sunak’s tax attack hits

MY NUMBER 1 RECOMMENDATION TO CREATE FULL TIME INCOME ONLINE: CLICK HERE Paul Dales, an expert at Capital Economics, said: “Economic activity will drag on if national insurance is not raised. “The chancellor seems to be emphasizing that she is trying to reduce borrowing and put public finances in better shape. Ahead of the next … Read more

Russia and China are threatening a “tectonic shift” in the world economy, the IMF warns

MY NUMBER 1 RECOMMENDATION TO CREATE FULL TIME INCOME ONLINE: CLICK HERE The UK economy is expected to grow by 3.7 percent this year, one percentage point less than the previous forecast. Although it will be much stronger than Germany, France and Italy, growth in the UK will suddenly slow to 1.2 percent in 2023 … Read more

France calls on EU to ban Russian oil – live updates

MY NUMBER 1 RECOMMENDATION TO CREATE FULL TIME INCOME ONLINE: CLICK HERE Mr.good morning Russia’s energy imports are back in the spotlight this morning after France called on other European countries to support new sanctions. Bruno Le Maire, the French finance minister, said a ban on Russian oil was needed “more than ever” to cut … Read more

Putin is preparing to stop supporting Russian markets – live updates

MY NUMBER 1 RECOMMENDATION TO CREATE FULL TIME INCOME ONLINE: CLICK HERE Mr.good morning The Russian authorities are expected to prepare a gradual approach to the abolition of capital controls that have supported markets since the beginning of the war. Discussions this week revolved around a possible extension of the deadline for exporters to convert … Read more

Inflation rises to a fresh 30-year high of 7 percent – live updates

MY NUMBER 1 RECOMMENDATION TO CREATE FULL TIME INCOME ONLINE: CLICK HERE Mr.good morning To begin with, there is even more grim economic data, as inflation rose even more than expected in March. The consumer price index jumped to 7 percent – a fresh 30-year high – as the war in Ukraine raised prices. The … Read more

The standard of living has fallen the most since 2013 – live updates

MY NUMBER 1 RECOMMENDATION TO CREATE FULL TIME INCOME ONLINE: CLICK HERE Mr.good morning This morning is another reminder of the cost of living crisis, with the latest ONS data showing that wage growth is lagging far behind rising inflation. While average earnings without bonuses rose by 4.1 percent in February compared to last year, … Read more

The war to reduce the Ukrainian economy by 45 percent, says World Bank – live updates

MY NUMBER 1 RECOMMENDATION TO CREATE FULL TIME INCOME ONLINE: CLICK HERE Mr.good morning The World Bank has announced war for both Ukraine and Russia over the war this year, warning that the outlook could be even worse if the conflict drags on. Ukraine’s economy will collapse by 45.1 percent this year, the bank predicted, … Read more

Starting wages are growing the fastest so far – live updates

MY NUMBER 1 RECOMMENDATION TO CREATE FULL TIME INCOME ONLINE: CLICK HERE Mr.good morning The latest REC and KPMG survey showed that starting wages rose the fastest last month since the start of records in October 1997. The jump in wages reflects both strong demand from employers and the impact of rising prices, with companies … Read more

Shell warns of a $ 5 billion blow due to exit Russia – live updates

MY NUMBER 1 RECOMMENDATION TO CREATE FULL TIME INCOME ONLINE: CLICK HERE Mr.good morning Shell was the first to hint at how costly his withdrawal from Russia could be. The energy giant, who was forced to apologize for buying Russian oil at discounted prices last month, said the impact of the country’s post-tax closure would … Read more

Russia’s second largest bank VTB is on the verge of collapse in the UK – live updates

MY NUMBER 1 RECOMMENDATION TO CREATE FULL TIME INCOME ONLINE: CLICK HERE Mr.good morning VTB, Russia’s second-largest bank, is expected to become the latest victim of Western sanctions. Her department in the UK is expected to appear in a London court today, where she will ask a judge to order a so-called special administration, Bloomberg … Read more

Oil is rising as the US prepares new sanctions against Russia – live updates

MY NUMBER 1 RECOMMENDATION TO CREATE FULL TIME INCOME ONLINE: CLICK HERE Mr.good morning Oil prices rose again this morning amid growing expectations of new sanctions against Russia. The U.S. said it would announce new measures against Moscow this week, including possible restrictions on energy supplies. French President Emmanuel Macron also called for a ban … Read more

Consumer confidence experienced the biggest drop since the 2008 crisis – live updates

MY NUMBER 1 RECOMMENDATION TO CREATE FULL TIME INCOME ONLINE: CLICK HERE Mr.good morning There are several signs that the cost of living crisis is taking its toll, as British consumer confidence has fallen to its lowest level since the 2008 financial meltdown. The index, compiled by PwC, fell to minus 20 in March, a … Read more

Millions were forced into ‘fuel stress’ when energy price cap jumped – live updates

MY NUMBER 1 RECOMMENDATION TO CREATE FULL TIME INCOME ONLINE: CLICK HERE Mr.good morning British households are facing an onslaught on the cost of living today as the energy price cap rises by more than 50 per cent. Average domestic energy bills will increase by £ 693 next year as a result of a sharp … Read more

Biden is ready for a record release of emergency oil supplies – live updates

MY NUMBER 1 RECOMMENDATION TO CREATE FULL TIME INCOME ONLINE: CLICK HERE Mr.good morning US President Joe Biden is ready for a dramatic intervention in the energy markets, as he wants to keep the cover over rising fuel prices. His administration is expected to consider the largest release from emergency reserves to date. About a … Read more

Is China helping the Kremlin hide billions in foreign accounts?

MY NUMBER 1 RECOMMENDATION TO CREATE FULL TIME INCOME ONLINE: CLICK HERE China has long been suspected of holding bonds abroad to protect it from scrutiny and to engage in what the United States sees as illegal currency manipulation. Maybe Russia is doing the same? Steil told me he thought so. He believes so Russian … Read more

Putin’s ally is giving new demand to the ruble trade – live updates

MY NUMBER 1 RECOMMENDATION TO CREATE FULL TIME INCOME ONLINE: CLICK HERE Mr.good morning While there are experimental signs of de-escalation in the war between Russia and Ukraine, tensions between Moscow and the West show no signs of easing. Putin’s main ally has suggested that Moscow extend its demands for payments in rubles from the … Read more

The FTSE 100 is set to open higher in hopes of peace talks in Ukraine – live updates

MY NUMBER 1 RECOMMENDATION TO CREATE FULL TIME INCOME ONLINE: CLICK HERE Mr.good morning This is expected to be a positive start for the FTSE 100, which is expected to reverse yesterday’s losses in the open market. The blue-chip index fell on Monday, driven by oil prices as new closures in Shanghai sparked fears of … Read more

Grant Shapps demands that P&O re-hire 800 laid-off workers – live updates

MY NUMBER 1 RECOMMENDATION TO CREATE FULL TIME INCOME ONLINE: CLICK HERE Mr.good morning Grant Shapps is stepping up pressure on P&O to overturn its controversial decision to lay off 800 workers. The transport secretary will instruct the ferry company to re-employ staff, arguing that the new legislation will undermine its plans to replace them … Read more

“Brazen” P&O boss should be fired, says Grant Shapps – live updates

MY NUMBER 1 RECOMMENDATION TO CREATE FULL TIME INCOME ONLINE: CLICK HERE Mr.good morning The latest data showed a significant drop in retail sales, which fell by 0.3 percent in February – well below the growth forecast of 0.5 percent. Sales picked up sharply in January, but the effect faded as locking restrictions eased and … Read more

Russian stocks are rising as Moscow reopens as Putin supports the market – live updates

MY NUMBER 1 RECOMMENDATION TO CREATE FULL TIME INCOME ONLINE: CLICK HERE Mr.good morning Russian stocks rose as trading reopened following the historic closure of the Moscow Stock Exchange. The benchmark rose 11 percent at the start of trading, driven by growth in energy stocks such as Lukoil and Gazprom. The market is open for … Read more

Inflation rises to a fresh 30-year high of 6.2 percent – live updates

MY NUMBER 1 RECOMMENDATION TO CREATE FULL TIME INCOME ONLINE: CLICK HERE Mr.good morning We start the day with another reminder of the cost of living crisis facing British households, as the latest inflation figures were even higher than expected. The consumer price index jumped to 6.2 percent in February, the latest 30-year high. That’s … Read more

Chinese companies have been instructed to “fill the gap” created by sanctions against Russia

MY NUMBER 1 RECOMMENDATION TO CREATE FULL TIME INCOME ONLINE: CLICK HERE Beijing has instructed Chinese companies in Russia to take advantage of economic opportunities created by Western sanctions as the communist state wants to come to the Kremlin. help. China’s chief envoy to Moscow urges Chinese business leaders not to waste time and “fill … Read more

An increase for Sunak as borrowing falls ahead of the Spring Statement – live updates

MY NUMBER 1 RECOMMENDATION TO CREATE FULL TIME INCOME ONLINE: CLICK HERE Mr.good morning All eyes are on the UK’s borrowing figures this morning in hopes that Rishi Sunak could unveil new measures this week to alleviate the cost of living crisis. The budget deficit is £ 26bn lower than forecast in the first 11 … Read more

Due to the Ukrainian war, oil is rising for the third day, while the Chancellor is considering reducing fuel duties

MY NUMBER 1 RECOMMENDATION TO CREATE FULL TIME INCOME ONLINE: CLICK HERE Mr.good morning Oil prices are rising for the third time in a row as EU countries continue to weigh the embargo on Russian supplies ahead of a meeting with US President Joe Biden. As the conflict in Ukraine shows no signs of easing, … Read more

Planned protests over the aftermath of the P&O Ferries massacre – live updates

MY NUMBER 1 RECOMMENDATION TO CREATE FULL TIME INCOME ONLINE: CLICK HERE Mr.good morning Demonstrations are planned against the brutal dismissal of 800 P&O workers, with events in Dover, Hull and Liverpool. Oil prices are rising again, with Brent reaching close to $ 110 a barrel, amid doubts about Russia-Ukraine talks. Meanwhile, the FTSE 100 … Read more

Oil and gas prices are rising again as Russian supplies slow – live updates

MY NUMBER 1 RECOMMENDATION TO CREATE FULL TIME INCOME ONLINE: CLICK HERE Mr.good morning Oil and gas prices have risen, ending days of decline as Russian gas flows to Germany show signs of slowing. Brent oil rose 2.7 percent and European gas 7 percent. Today at noon we will receive the latest decision on interest … Read more

The world is preparing to default on Russia’s debt as the payment deadline approaches – live updates

MY NUMBER 1 RECOMMENDATION TO CREATE FULL TIME INCOME ONLINE: CLICK HERE Mr.good morning All eyes are likely to be on Russia today as the $ 117 million coupon deadline on that country’s government bonds approaches. Attempting to pay in rubles can be considered non-payment of Moscow’s debt. Later today, the US Federal Reserve is … Read more

The UK bans the export of luxury products to Russia

MY NUMBER 1 RECOMMENDATION TO CREATE FULL TIME INCOME ONLINE: CLICK HERE The UK has banned the export of luxury goods to Russia as part of efforts to increase it the economic pain of Vladimir Putin and his supporters. Rishi Sunak, Chancellor, said the aim of the UK and G7 actions “further isolate the Russian … Read more

Workers have been suffering from the biggest wage squeeze since 2014

MY NUMBER 1 RECOMMENDATION TO CREATE FULL TIME INCOME ONLINE: CLICK HERE Mr.good morning The reduction in workers’ wages intensified in early 2022, when rising prices rose before wages, official data revealed. Real regular wages fell by 1 percent in the three months to January, the biggest drop since 2014, according to the National Statistics … Read more

Chinese stocks fall when Shenzhen closes – live updates

MY NUMBER 1 RECOMMENDATION TO CREATE FULL TIME INCOME ONLINE: CLICK HERE Mr.good morning Chinese stocks fell sharply overnight after Beijing shut down 17.5 million residents of Shenzhen Technology Center. Hong Kong’s Hang Seng technology index fell more than 9 percent, while the city’s wider breadth fell 4.7 percent. The lock comes after the number … Read more

The UK economy is returning before the war in Ukraine – live updates

MY NUMBER 1 RECOMMENDATION TO CREATE FULL TIME INCOME ONLINE: CLICK HERE Mr.good morning The latest data released this morning is a hint of positivity, with official figures showing that the British economy recovered by 0.8 per cent in January. This is a larger increase than expected, and the activity came back to life as … Read more

Russia faces default in a few days

MY NUMBER 1 RECOMMENDATION TO CREATE FULL TIME INCOME ONLINE: CLICK HERE Russia is facing actual bankruptcy as early as Wednesday after the World Bank warned it Severe sanctions have left the Kremlin “very close” to defaulting on its external debts. Carmen Reinhart, chief economist at the World Bank, said Russia and Belarus are now … Read more

Russia is threatening to hold hundreds of planes hostage due to sanctions – live updates

MY NUMBER 1 RECOMMENDATION TO CREATE FULL TIME INCOME ONLINE: CLICK HERE .ohn Lewis returns his personal bonus after the trader’s profits were recouped after a difficult year of the pandemic. High street stalwart employees will share £ 46 million and each will receive 3 pieces of bonus – or a week and a half … Read more

The IMF approves $ 1.4 billion in “critical” support for Ukraine

MY NUMBER 1 RECOMMENDATION TO CREATE FULL TIME INCOME ONLINE: CLICK HERE The International Monetary Fund has approved $ 1.4 billion (£ 1 billion) in emergency funding for Ukraine to help the country cope with the “huge humanitarian and economic crisis” caused by the Russian invasion. Director-General Kristalina Georgieva said the package provides “critical financial … Read more

The ruble falls even more as trade in Moscow reopens – live updates

MY NUMBER 1 RECOMMENDATION TO CREATE FULL TIME INCOME ONLINE: CLICK HERE Mr.good morning Russia has reopened local ruble trade for the first time and it has been hot so far. The currency fell 7.8 percent to 113.88 against the dollar compared to Friday’s close when trading was suspended. This is the first opportunity for … Read more

Gas prices have doubled since the invasion, as Putin threatens to shut off taps – live updates

MY NUMBER 1 RECOMMENDATION TO CREATE FULL TIME INCOME ONLINE: CLICK HERE Mr.good morning It’s a ghost that has been haunting energy markets for days, and now the threat is finally pronounced. Russia’s top energy official said the country could cut off gas supplies to Europe via the existing Nord Stream pipeline – a move … Read more

Oil is up 20 percent as the U.S. considers banning Russian oil – live updates

MY NUMBER 1 RECOMMENDATION TO CREATE FULL TIME INCOME ONLINE: CLICK HERE Mr.good morning Another week, another stunning rise in energy prices. Brent oil rose to $ 139 after the U.S. said it was in talks to impose an embargo on imports from Russia, reporting that it could have imposed the measure even without the … Read more

Russian stock market in record closing as traders prepare for collapse – live updates

MY NUMBER 1 RECOMMENDATION TO CREATE FULL TIME INCOME ONLINE: CLICK HERE Mr.good morning It has now been a week since the shares were last traded in Moscow, and the suspension seems set to continue. The Moscow Stock Exchange will be closed for the fifth time today, marking the longest market closure in the country’s … Read more

Joe Biden’s solutions only create even more problems in the US

MY NUMBER 1 RECOMMENDATION TO CREATE FULL TIME INCOME ONLINE: CLICK HERE Biden’s U.S. bailout plan – announced by the president in his speech as part of a solution to the current economic pain – has brought an additional $ 1.9 trillion into the real economy, contributing to inflationary pressures already exacerbated by the reversal … Read more

Reduce the thermostat to prevent Russia from using gas as an “economic and political weapon”

MY NUMBER 1 RECOMMENDATION TO CREATE FULL TIME INCOME ONLINE: CLICK HERE The advice on thermostats is part of a 10-point plan to reduce the European Union’s dependence on Russian natural gas, presented by the IEA on Thursday. In an important step, the recommendations include not concluding any new gas supply agreements with Russia. It … Read more

The London Stock Exchange is blocking trading with Russian companies – live updates

MY NUMBER 1 RECOMMENDATION TO CREATE FULL TIME INCOME ONLINE: CLICK HERE Mr.good morning The London Stock Exchange has imposed a blockade on trading in 27 companies closely linked to Russia. EN +, Gazprom, Lukoil, Rosneft and Sberbank are among the companies affected by the bloc, which will take effect immediately. The London Stock Exchange … Read more

Oil rises above $ 110 as officials warn energy security is at stake – live updates

MY NUMBER 1 RECOMMENDATION TO CREATE FULL TIME INCOME ONLINE: CLICK HERE Mr.good morning The growing energy crisis still does not seem to be coming to an end, as oil prices continue to rise relentlessly. Brent reference oil rose above $ 111 a barrel, more than $ 10 since the Russian invasion of Ukraine less … Read more

Mastercard and Visa are blocking Russian payments after West stepped up sanctions – live updates

MY NUMBER 1 RECOMMENDATION TO CREATE FULL TIME INCOME ONLINE: CLICK HERE Mr.good morning Mastercard said it had blocked “several” financial institutions after Western countries imposed tough sanctions on Russia. The credit card company did not say which institutions were the restrictions, but said it is working with regulators in the area. Visa also said … Read more

The ruble has collapsed to a record low as Russia’s fears plague banks – live updates

MY NUMBER 1 RECOMMENDATION TO CREATE FULL TIME INCOME ONLINE: CLICK HERE Mr.good morning Traders are holding their breath this morning ahead of the expected hot day in the markets. Tightening sanctions over the weekend – along with Vladimir Putin’s horrific nuclear threat – has fueled uncertainty about how the invasion of Ukraine will progress. … Read more

Food prices will rise as the war in Ukraine raises wheat to a 13-year high – live updates

MY NUMBER 1 RECOMMENDATION TO CREATE FULL TIME INCOME ONLINE: CLICK HERE Mr.good morning The impact of the war in Europe on markets was wide and raised prices for everything from oil and gas to nickel and aluminum. But the conflict in Ukraine, often referred to as the “cereal basket of Europe” – also threatens … Read more

Oil rises above $ 100 when Russia invades Ukraine – live updates

MY NUMBER 1 RECOMMENDATION TO CREATE FULL TIME INCOME ONLINE: CLICK HERE Mr.good morning Oil has finally surpassed the $ 100 milestone after Russia launched a large-scale invasion of Ukraine. There are reports of several attacks in major cities, including Kiev, after President Vladimir Putin announced a “special military operation” that sparked the biggest conflict … Read more

Barclays Freezes Jes Staley Awards – Live Updates Due to Epstein Investigation

MY NUMBER 1 RECOMMENDATION TO CREATE FULL TIME INCOME ONLINE: CLICK HERE Mr.good morning Barclays has revealed that it is suspending share payments to its former boss Jes Staley during ongoing investigations into his relationship with the late sex offender Jeffery Epstein. Mr Staley, who resigned from the FTSE 100 bank in November, was considered … Read more

The FTSE 100 falls as the UK prepares sanctions on Russia – live updates

MY NUMBER 1 RECOMMENDATION TO CREATE FULL TIME INCOME ONLINE: CLICK HERE Mr.good morning The markets are expected to be a turbulent day after Russian President Vladimir Putin stepped up his attack on Ukraine. The Russian leader ordered the deployment of troops to two breakaway regions in eastern Ukraine after he recognized them as independent … Read more

London’s house market is returning as workers return to offices – live updates

MY NUMBER 1 RECOMMENDATION TO CREATE FULL TIME INCOME ONLINE: CLICK HERE Mr.good morning After the housing market pandemic turned upside down, we got the first sign that things were returning to normal. Buyer demand for real estate in London rose 24 percent this month from a year earlier – the strongest growth in any … Read more

ftse 100 markets live news oil price ukraine retail

MY NUMBER 1 RECOMMENDATION TO CREATE FULL TIME INCOME ONLINE: CLICK HERE Mr.good morning There is some good news for retailers this morning, as the latest ONS data shows that sales increased last month. The volume of goods sold in stores and online rose 1.9 percent in January – a much-needed recovery from a 4 … Read more

Reckitt is aiming for higher profits despite unprecedented inflation – live updates

MY NUMBER 1 RECOMMENDATION TO CREATE FULL TIME INCOME ONLINE: CLICK HERE Mr.good morning We start the day with a bullish modernization by Reckitt Benckiser, which seems to be wary of fears of inflation that would affect its rivals. The Consumer Goods Group said it is targeting higher profit margins in 2022, although costs are … Read more

Inflation reached 5.5 percent in the new 30-year peak – live updates

MY NUMBER 1 RECOMMENDATION TO CREATE FULL TIME INCOME ONLINE: CLICK HERE Mr.good morning The cost of living crisis is escalating, with inflation in the UK rising again to a new 30-year high in January. The consumer price index rose to 5.5 percent last month. Both economists and the Bank of England expected it to … Read more

The standard of living is falling the fastest since 2014, as inflation bites – live updates

MY NUMBER 1 RECOMMENDATION TO CREATE FULL TIME INCOME ONLINE: CLICK HERE Mr.good morning This morning is another unwelcome reminder of the cost of living crisis, as new ONS data showed that in December, real earnings were falling the fastest in eight years. With regard to inflation, average wages without bonuses fell by 1.2 percent. … Read more

FTSE 100 falls and oil rises as tensions rise in Russia – live updates

MY NUMBER 1 RECOMMENDATION TO CREATE FULL TIME INCOME ONLINE: CLICK HERE Mr.good morning For markets, this is a nervous start to the week after tensions between Russia and the West escalated further over the weekend. Oil and gas prices jumped in early trading due to fears that the conflict could disrupt supplies and cause … Read more

The UK economy is experiencing the strongest growth since World War II – live updates

MY NUMBER 1 RECOMMENDATION TO CREATE FULL TIME INCOME ONLINE: CLICK HERE Mr.good morning There are some (quite necessary) positive data to start your Friday after the latest GDP data showed that the UK economy recorded the strongest growth since World War II last month. GDP grew by 7.5 percent in 2021, the highest growth … Read more

Unilever to raise prices as it warns of £ 3bn increase in costs – live updates

MY NUMBER 1 RECOMMENDATION TO CREATE FULL TIME INCOME ONLINE: CLICK HERE Mr.good morning All eyes are on Unilever this morning, which has released its first set of results after that disastrous £ 50bn for GSK’s consumer health department. The main topic is one of the input costs, which, according to Unilever forecasts, will increase … Read more

GSK gains £ 1.4bn in Covid sales ahead of consumer health turnaround – live updates

MY NUMBER 1 RECOMMENDATION TO CREATE FULL TIME INCOME ONLINE: CLICK HERE Mr.good morning All eyes are on GSK this morning, which announced its annual results at a busy time for the company. The pharmaceutical company sold Covid for 1.4 billion pounds last year, largely because of its antibody drug sotrovimab. It also forecast profit … Read more

BP will buy back $ 1.5 billion in shares as it redeems energy price spikes – live updates

MY NUMBER 1 RECOMMENDATION TO CREATE FULL TIME INCOME ONLINE: CLICK HERE Mr.good morning Another day, another set of stellar scores for the energy giant. After updating Shell’s figures last week, BP reported an increase in profits to $ 7.6 billion last year. That’s more than the $ 20 billion loss in 2020 and reflects … Read more