Pound £ GBP crashes to the lowest value in history Economy | Europe | UK FACT BOX: In 1971 the UK replaced a highly complex system of Pounds, Shillings, Pence, Crowns and Sovereigns with the current decimal currency system of (£) Pounds and (p) Pence. The GBP crashed hard early…
UK Brexit losses more than 17’800 percent larger than any possible gains EUROPE | UK | ECONOMICS | TRADE FACT BOX: Difference between PPP-GDP and Nominal-GDP: The GDP figure is calculated and reported in a country’s own currency. Thus India’s Nominal GDP is reported in rupees, Oman’s in Rial and Germany’s…
UAE announces ministerial reshuffle POLITICS | MIDDLE-EAST | GCC | UAE FACT BOX: December 1971, the UAE became a federation of six emirates – Abu Dhabi, Dubai, Sharjah, Ajman, Umm Al-Quwain, and Fujairah, the seventh emirate, Ras Al Khaimah, joined the federation in 1972. The capital city is Abu Dhabi,…
UK’s Boris Johnson is breaking his own election manifesto promises by hiking UK tax rises ECONOMICS | FINANCE | TAX | UK Next week will see UK Prime Minister Boris Johnson announce that he is breaking his own election manifesto promises by hiking taxes. The UK has been hit by…
Angry customers in London are leaving Vodafone following months of signal failure and now the removal of wifi access on the tube Technology | Computers and Phones | Data, Wifi and Mobile Signal | London | Vodafone Fact Box: Vodafone is now the only major network in the UK not…
Coronavirus COVID19: Sir Richard Branson’s Virgin Atlantic puts liquidators on standby as empire teeters on collapse Sir Richard Branson’s Virgin Atlantic has put A&M administrators on standby Sir Richard Branson, who resides on his own private island in the Caribbean’s British Virgin Islands, has not escaped the financial destruction that…
Financial Markets – UK Mortgage market goes into lockdown UK Mortgage market goes into lockdown Financial Markets Rents and asking prices across the UK are falling and you may be tempted to move on the lower markets to take out a mortgage, something you may find a lot more difficult than…
Trump threatens the UK with 25% post-Brexit trade tariffs unless it backs the US against Iran Trump threatens the UK with 25% post-Brexit trade tariffs unless it backs the US against Iran Tehran accuses Britain, France and Germany of succumbing to ‘high school bully’ tactics from the US. Donald Trump has threatened…
Kylie Jenner just made $600 million USD in one day from Kylie Cosmetics Kylie Jenner, 22, the billionaire who crowd funded to raise money to become the worlds youngest billionaire, just got a whole lot richer. The cosmetics mogul has sold a 51% majority stake of her brand Kylie Cosmetics to…
By Amira Bakr Number of super-wealthy in the UK at record low levels Advertisement – Advertise here from OMR 100 / $275 USD Al-Sahawat Times | Ethical Global News from Oman and UAE | Donate HERE In 2016, they year of the Brexit referendum there were 98,500 super-wealthy paying a…
