Author: News Desk

Ben Wallace says he won’t be next Nato chief Ben Wallace, the UK’s defence secretary, is out of the race to become the next Nato chief, as rumours swirl Jens Stoltenberg will be asked to extend his term. Stoltenberg’s term ends in the autumn and there had been speculation Wallace was set to replace him, but he recently told the Economist, “It’s not going to happen.” Several Nato countries are reportedly lobbying Stoltenberg to remain in his post, for at least another year, considering the war in Ukraine and economic hardships around the world.  Nato is the West’s defensive military…

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UK Covid deaths among worst of big European economies According to BBC analysis, the UK had one of the worst increases in death rates of major European economies during the pandemic. On average, death rates in the UK were more than 5% higher each year of the pandemic than in the years just before it, largely driven by a huge death toll in the first year. It was higher than the increases seen in France, Spain or Germany but below Italy and significantly lower than the US. In April and May 2020, the UK was suffering one of its worst…

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Elon Musk and Mark Zuckerberg agree to hold cage fight Billionaires Elon Musk and Mark Zuckerberg have agreed to fight each other in a cage match. Musk took to his social media site Twitter to say he was “up for a cage fight” with Zuckerberg. Meta boss Zuckerberg then posted a screenshot of Musk’s tweet with the caption “send me location.” To which Musk replied: “Vegas Octagon.” The Octagon is the competition mat and fenced-in area used for UFC bouts. Musk, 51, also tweeted: “I have this great move that I call “The Walrus”, where I just lie on top…

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Turkey’s Erdogan set for economic U-turn and steep interest rate hike Turkey is preparing to reverse President Erdogan’s unorthodox economic policies to combat high inflation. Interest rates, currently at 8.5%, are expected to increase significantly, less than a month after Erdogan was re-elected. A cost of living crisis has swept the country due to an inflation rate of nearly 40%. Erdogan has been reluctant to raise interest rates, but the situation demands a change. The extent of the rate hike is uncertain, with economists divided on the severity. Some suggest an 11.5-point increase to 20%, while others predict rates could…

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