Monthly Archives: September 2022

The British pound falls again after the IMF’s stinging attack on the UK’s $48 billion tax-cutting plan

The new UK government’s tax-cutting proposals will drive up inflation and inequality, according to the International Monetary Fund. Carl Court/Getty Images The pound slid Wednesday after the International Monetary Fund sharply criticized the UK’s plan for tax cuts. The IMF said it could derail the Bank of England’s efforts to tame inflation, running at four-decade…

US stock futures slide after the S&P 500 closed at a new low for the year, and the 10-year Treasury yield breaks above 4%

Traders. Mario Tama/Getty Images US stock futures slumped Wednesday as investors braced for further interest-rate hikes. The 10-year Treasury yield broke past 4% for the first time in 12 years for the same reason. Investors are worried stubborn inflation will mean rates stay higher for longer. US stock futures slid Wednesday and 10-year Treasury yields…

The CIA warned Germany weeks ago about a possible attack on the Nord Stream natural-gas pipelines, report says

The German government, led by Chancellor Olaf Scholz, was warned by US intelligence about potential attacks on the Nord Stream pipelines, per Der Spiegel. Danish Defence Command/Marcus Brandt/picture alliance via Getty Images The CIA told Germany weeks ago the Nord Stream pipelines could be attacked, sources told Der Spiegel. Three of the four pipelines are…

Asia’s richest man, Gautam Adani, feels China will be ‘increasingly isolated’ in current global turbulence — and says the country’s bounce back will be harder than ever

Gautam Adani is bullish on India, but not so much on China. Ramesh Dave/Mint/Getty Images Gautam Adani says China will feel “increasingly isolated,” and sees a harder economic bounce back. Companies and countries are turning away from globalization in favour of nationalism. However, the global turbulence has quicked opportunities for the rise of India, plugs…

Alienware now has a more affordable QD-OLED ultrawide gaming monitor

In early 2022 Alienware revealed the world’s first QD-OLED gaming monitor. Now the company has a new model with AMD FreeSync Premium Pro technology and a cheaper price tag.  The original 34-inch Alienware AW3423DW gaming monitor garnered high praise from various reviewers so now the company is expanding the line-up.  Best gaming monitors: Top 4K,…