In an unexpected twist, regular wages in the UK have surged by 6.0% in the first quarter of 2024 compared to the same period last year, outstripping forecasts and catching the eye of the Bank of England (BoE) as it contemplates an interest rate cut. Economists surveyed by Reuters had predicted a wage increase of […]
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The new Omnibus Bill proposed in Argentina aims to significantly alter various aspects of the country’s social, economic, environmental, and institutional life. Among these broad strategic changes are profound modifications to the higher education and science and technology systems. Section 3 of the bill, as currently drafted by the majority, specifies which state agencies cannot […]
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Tesla is set to lay off 285 employees in New York State as part of a broader restructuring initiative, according to a WARN notice filed in the state. The majority of the affected employees were based at the company’s Buffalo factory, with others working at a store and service centre in the area, the document […]
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This year, at the United Nations’ main human rights body in Geneva, there is anticipation of a significant breakthrough, with growing hopes for new legal recognition of every child and adolescent’s right to free education, from preschool to secondary level. On March 20th, the Dominican Republic, alongside other nations such as Luxembourg, Sierra Leone, Colombia, […]
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Meanwhile, a Creditor Files for Liquidation of Country Garden, One of China’s Leading Real Estate Groups Asia trended downward on Wednesday, February 28th, particularly the Chinese stock markets. At 7:40 AM Italian time, the Nikkei was below parity, the Hang Seng lost 1.2%, Shanghai was down 0.8%, while the U.S. ten-year T-bond was sideways at […]
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The UK is bracing for a wintry spell just before Christmas, as the latest weather forecasts predict a significant snowfall in certain regions. An icy blast originating from Iceland is anticipated to sweep across the country, bringing temperatures plummeting to below -10°C. Projections indicate that parts of northern England might witness snowfall on Christmas Eve. […]
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The UK is bracing for a probable dip in its standings in the Programme for International Student Assessment (Pisa) rankings, which evaluate the educational achievements of 15-year-olds worldwide. Anticipated to be released this week by the Organisation for Economic Co-operation and Development (OECD), the results are expected to reflect the disruptive impact of the COVID-19 […]
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Asylum Claims and Backlog Soar to Record Highs in the UK The United Kingdom is facing a significant surge in new asylum claims and an unprecedented backlog of individuals awaiting initial decisions. Despite the government’s 2019 pledge to decrease the influx of people entering the UK, both legal migration for work and studies have also […]
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The euro fell against the dollar on Tuesday after the release of data showing that economic activity in the United States (US) advanced, in an environment of risk aversion due to geopolitical tensions. At 6pm (Lisbon time), the euro was trading at 1.0678 dollars, while on Monday around the same time it was at 1.0706 […]
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The Sao Tome government wants to settle a debt of around 300 million euros with Angola, under the terms of a new economic cooperation agreement signed with representatives of the Angolan government, in the capital of Sao Tome, it was announced today. “In the agreement signed, we plan from this stage to develop a new […]
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