UK Recession
Britains economy becomes smaller amid cost-of-living crisis, shrinking in second quarter as recession looms. Statistics show that UKs gross domestic product has dropped 0.1% in second quarter, while Bank of England has said it expects economy to enter recession in fourth quarter.
The bank recently raised interest rates by biggest margin in nearly 30 years. High inflation in Europe is mainly blamed on soaring energy prices caused by Ukraine conflict. Press TV panelists Shabbir Razvi, economic analyst from London and Mahmoud Refaat president of The European Institute for International Law from Stockholm, look at reasons behind this downward spiral in this edition of the Spotlight.
Yemen’s missile strikes on Tel Aviv
Exploiting Syria’s instability
Israeli atrocities vs. Palestinians
Yemeni armed forces down F-18 fighter jet, repel US-UK attack: Spokesman
Iran warns against US-Israeli plot to weaken Muslims, dominate region
VIDEO | Public uproar in US against Israeli regime
‘Ghost town’: 70% of Jabalia buildings destroyed by Israel
Mother’s Day: Sareh Javanmardi’s inspiring journey as Paralympic champion and mother
Russia downs over 40 Ukrainian drones as Putin vows 'destruction' on Kiev
VIDEO | Yemen: A bone in Israeli neck
D-8’s role in Iran’s economy after Cairo summit
PressTV NEWSLETTER
now
This makes it easy to access the Press TV website
