UK markets are reeling from a global bond selloff, with 10-year government bond yields hitting their highest since 2008 and the pound falling to a 14-month low, heightening concerns over public finances and potential spending cuts.
British markets are under strain as a global bond selloff drives yields on 10-year UK government bonds to 4.925%, their highest level since 2008. The pound has fallen to a 14-month low against the dollar and weakened against the euro, raising fears of spending cuts due to rising borrowing costs.
The FTSE 250 index, which includes consumer and financial firms, has dropped over 3% this week, adding to market turbulence. Analysts warn sterling could become a target for short selling as volatility continues.
Chancellor Rachel Reeves faces mounting pressure to address the fiscal challenges, with the Treasury pledging to maintain tight control over public finances while markets remain unsettled.
The Azerbaijani State Security Service has said it has stopped Iran committing terror attacks against four targets in...
A 35-year-old former rapper is on track to become Nepal’s next prime minister. Early counting in the elections ...
A major Tehran airport came under heavy air attacks on Saturday morning (7 March), Iranian news agencies reported. The attacks on Mehrabad Airport ...
Officials in Azerbaijan have said they have stopped terror attacks in Azerbaijan including on an Israeli Embassy, the Baku-Tbilisi-Ceyhan pipeline&...
U.S. President Donald Trump has demanded Iran’s “unconditional surrender,” almost a week into the c...
In an exclusive interview with AnewZ, Iran’s Deputy Foreign Minister Kazem Gharibabadi said the Islamic Republic is "not targeting neighbouring countries," amid reports of drone strikes on Nakhchivan International Airport on Thursday (5 March).
Trump tells Axios he wants direct involvement in who takes over as Iran's next leader, rejecting Khamenei's son as "unacceptable" and citing the need for a figure who can bring "peace and harmony".
Officials in Azerbaijan have said they have stopped terror attacks in Azerbaijan including on an Israeli Embassy, the Baku-Tbilisi-Ceyhan pipeline and a Synagogue. Tensions between regional and global powers escalate. Military activity, security alerts and travel disruptions continue.
Türkiye and Iran’s foreign ministers spoke by phone after reports that a ballistic missile entered Turkish airspace, with Tehran denying responsibility and insisting its recent strikes targeted only U.S. and Israeli facilities.
China has called on Afghanistan and Pakistan to resolve their growing border dispute through dialogue and diplomatic channels, as clashes between their security forces entered a seventh day and left more than 160 people dead or injured, according to the United Nations.
A 35-year-old former rapper is on track to become Nepal’s next prime minister. Early counting in the elections on Friday (7 March) showed Balendra Shah’s Rastriya Swatantra Party (RSP) was leading in around 100 seats, far ahead of rivals.
Newly released FBI records summarising interviews with an unidentified woman contain allegations that U.S. President Donald Trump attempted to force her to perform a sexual act when she was a teenager, according to documents published by the U.S. Justice Department.
Australia’s move to ban social media access for children under 16 has intensified a global debate, as governments around the world weigh tougher rules amid growing concerns over mental health, safety and screen addiction.
Indonesia will restrict access to social media platforms for children under 16, its communications and digital ministry said on Friday (6 March), becoming the latest country to introduce online guardrails aimed at reducing the risks of addiction and cyberbullying.
Ukraine has accused Hungary of taking seven employees of a state-owned bank hostage in Budapest.
You can download the AnewZ application from Play Store and the App Store.
What is your opinion on this topic?
Leave the first comment