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July 7, 2024
we start in france, where hundreds of thousands of workers are out on strike for a second time. theyre protesting against president emmanuel macron�*s plans to raise the retirement age from 62 to 64. eight big unions are taking part in the strike, which has disrupted schools, public transport and oil refineries. lets take a look. the first marches had started in the morning across the country, like this one, in rennes in north—western france. thousand of people also took to the str...
January 31, 2023
Is what slows the economy down. lets focus on interest rates. the bank of england has raised interest rates — or the cost of borrowing — sharply in recent months, to try to limit soaring inflation — the cost of things we buy. the benchmark uk interest rate is currently at 3.5%, with another increase expected in two days time. so how does that compare with eurozone rates? the european central bank raised its key rate to 2.5% in december. and heres one economist on why homeowners in the uk t...