Ukraine’s Central Bank chief has divulged some shocking intel: its gold stockpile has reached a new nadir - almost zero. Since the beginning of the year, gold reserves have dropped nearly 16-fold, which begs the question, where did all of it go?
Tory defector Mark Reckless says migrants could be forced to leave the UK if it leaves the EU, as news emerges that Britain granted more citizenships in 2012 than any other EU member. Reckless is the UKIP candidate in Thursday’s by-election.
It has emerged that the Department for Work and Pensions (DWP) has carried out 60 reviews into deaths linked to benefit cuts in the past three years. Shocking cases reveal a spike in suicides and health deterioration resulting from cuts.
Boris Johnson, London’s flamboyant mayor, is facing scathing criticism over a £1 billion business deal with an ‘unethical’ Chinese firm. Critics suggest the firm was given preferential treatment throughout the tendering process.
Health Secretary Jeremy Hunt claims the NHS must cut £10 billion each year by reducing mistakes and curbing wasteful spending. In a speech to the King’s Fund think-tank, Hunt told NHS bosses they must distribute resources more efficiently to improve care.
British voters’ appetite for austerity is rapidly dwindling, a Financial Times (FT) poll has revealed. As an aversion to austerity grows, the continuance of such punitive economic policies after the next general election could spark widespread dissent.
The US government is revising the rules for program applications to the Agency for International Development. The agency cannot act in countries rejecting its help, or take on dangerous and risky projects like “Cuban Twitter”.
The Bank of Russia took another step towards a free float ruble by abolishing the dual currency soft peg, as well as automatic interventions. Before, the bank propped up the ruble when the exchange rate against the euro and dollar exceeded its boundaries.
Detroit is prepared to emerge from the largest municipal bankruptcy case in United States history, a federal judge ruled Friday, making a decision that essentially reboots a city plagued for decades by poor management, corruption, and population decline.