Japan raises interest rates for the second time since 2007
Japan’s central bank has raised borrowing costs for only the second time in 17 years to try and normalize monetary policy in the world’s fourth-largest economy. The Bank of Japan…
Tesla recalls cars due to unlatched bonnet alerts
Tesla is recalling over 1.8 million cars in the US to fix a problem with the alert system for unlatched bonnets (hoods). The issue means the cars might not warn…
Former BBC presenter Huw Edwards faces charges for making indecent images of children.
According to CNN, former BBC News presenter Huw Edwards has been accused of three crimes related to creating indecent images of children. The alleged offenses occurred between December 2020 and…
Reeves Plans to Cut Projects to Fix Budget Shortage
Chancellor Rachel Reeves is set to announce big spending cuts to cover a gap in the public finances. On Monday, she will tell Parliament about cutting billions of pounds by…
Italy’s PM Meloni Promises to Strengthen Relationship with China
Italy’s Prime Minister Giorgia Meloni visited China to improve their relationship, meeting President Xi Jinping and calling China an important partner in handling global issues. President Xi praised the long-standing…
Are the UK’s finances worse than Labour thought?
The new Labour government has been in power for just over three weeks. During this time, they’ve found the government’s finances in a worse state than expected. On Monday, the…
France cancels trains as search for vandals goes on
Three out of ten high-speed trains in France will be canceled on Saturday due to a series of coordinated arson attacks. French Prime Minister Gabriel Attal said that security forces…
‘Monster’ Fires May Have Wiped Out Half of Historic Canadian Town
Wildfires have ravaged up to half of the historic Canadian town of Jasper, and the fires are still burning as firefighters try to save what they can, according to BBC.…
What’s Causing the Worldwide Rise in Self-Storage?
The global self-storage industry is booming, and it’s easy to see why when you visit places like Apple Storage in downtown Toronto. Inside, you’ll find a variety of businesses, from…
US economy grows as presidential campaign heats up
Economic growth in the US increased this spring, raising hopes of controlling inflation without a severe slowdown. The economy grew by 2.8% from April to June, thanks to strong consumer…