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Millions of Britons wake up £1,040-a-year poorer as ‘temporary’ Universal Credit uplift removed, while UK economy begs for workers

On Wednesday, the temporary uplift to Universal Credit payments came to an end. The scheme provided recipients of social welfare with an extra £20-a-week throughout the pandemic; the government always said the uplift would be a temporary measure.  The scheme’s end also comes a week after the government’s Covid-19 furlough …

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US senators want to boot out 300 Russian diplomats over embassy row, but Moscow says it doesn’t even have that many in Washington

“There aren’t even that many Russian diplomats in Washington,” the Foreign Ministry stated. “Those who propose such steps are apparently pushing for the closure of American offices in Russia. They should understand that the responsibility for this will be theirs.” On Tuesday, Senators Bob Menendez, Marco Rubio, Mark Warner and …

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Germany’s coalition talks: Greens favor ‘in-depth’ negotiations with SPD & FDP, but don’t reject Merkel’s bloc just yet

The Green party co-leaders, Annalena Baerbock and Robert Habeck, spoke to reporters after holding the first round of talks with the Social Democrats (SPD), the liberal Free Democratic Party (FDP), and the bloc of outgoing Chancellor Angela Merkel’s center-right Christian Democratic Union (CDU) and Bavaria’s Christian Social Union (CSU). The …

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Gas price in Europe soars above $1,900 per 1,000 cubic meters

According to data from the Intercontinental Exchange (ICE), the price of November futures on the TTF hub in the Netherlands rose to $1,936 per 1,000 cubic meters, as of 8:28am GMT.  The price of gas on the European market has nearly tripled since the beginning of September, when October futures …

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