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Tag: Rishi Sunak

Polish leaders plan to talk things out on nuclear weapons

WARSAW, Poland — Polish Prime Minister Donald Tusk plans to discuss Poland’s potential involvement in NATO’s nuclear sharing program with President Andrzej Duda, Tusk...

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UK Recession Sparks Gold Sales Boom at The Royal Mint

In the latter half of 2023, the UK’s economic landscape faced significant challenges, entering a recession that set a complex stage for Prime Minister...

Monthly Crypto Adoption and Regulation Report: January 2024

Among the top 5 widely adopted ones, Bitcoin and Ethereum led, with Dogecoin closely behind. 3.5. Institutional AdoptionThe approval of the Bitcoin Spot ETF is...

France to give Ukraine more cruise missiles, plans security pact

PARIS — France will supply Ukraine with about 40 more Scalp-EG cruise missiles and hundreds of bombs in coming weeks, French President Emmanuel Macron...

GBP/USD Outlook: British Wage Growth Hits the Brakes in Nov

Data revealed a deceleration in British wage growth throughout November. Markets expect substantial interest rate cuts by the Bank of England this year. Money markets are...

UK Unveils Digital Securities Sandbox with Blockchain Integration

Blockchain News The project is co-managed by the Bank of England and the FCA. Firms may now test out asset tokenization in a controlled setting. The Digital...

UK Crypto on Pause: Revolut and Others Halt Services

Followers of the crypto industry with an interest in the UK may recall positive messages emanating from the British authorities throughout 2023. According to...

GBP/USD Weekly Forecast: Dollar Falls as Inflation Eases

Data showed that annual US inflation fell further below 3% in November. Figures on Thursday revealed a worsening UK budget situation. Inflation in the UK was...

Crypto Can Move on After Binance Settlement, Coinbase CEO Asserts – CryptoCurrencyWire

Brian Armstrong, the CEO of Coinbase Global Inc. (NASDAQ: COIN), says that now that Binance reached a settlement with the U.S. Department of Justice,...

One AI image needs as much power as a smartphone charge

AI in brief Using a text-to-image model to craft an AI-generated image can require almost the same amount of power as that required to...

UK In Crypto Regulation Lead As BOE Targets Stablecoins – CryptoInfoNet

In an ambitious move to position the U.K. as a front-runner in the cryptocurrency sector, the government and the Bank of England (BOE) are...

Microsoft to invest $3.2 billion in the UK to accelerate AI growth – TechStartups

Microsoft is planning to invest a whopping 2.5 billion pounds (about $3.2 billion) in the United Kingdom over the next three years, making it...

GBP/USD Outlook: Pound Poised for a Remarkable Monthly Close

Investors anticipate a swift transition to US rate cuts in 2024. Sterling has surged nearly 4% against the dollar this month. Sunak disclosed £29.5 billion ($36.76...

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