UK Consumer Spending Reaches Pre-Pandemic Level
Sunny weather and the reopening of non-essential shops across most of the UK has fuelled an increase in consumer spending close to pre-pandemic levels.
Coronavirus Recession in Singapore Deeper than Estimated
Singapore's virus-hammered economy shrank almost 43 percent in the second quarter, in a sign that the country's first recession in more than a decade was deeper than initially estimated.
Lebanon’s Government Resigns amid Protests
Lebanon’s Prime Minister Hassan Diab has announced the resignation of his government following a similar move by several ministers.
Johnson Not Able to Make Lucrative Trade Deals
Boris Johnson’s promise of lucrative post-Brexit trade deals as the UK “takes back control” of its rules is on course to fail, a study warned.
Snapdragon Processor Flaw Put Phones Vulnerable to Hacks
Forty percent of phones worldwide are vulnerable to hacks that can turn them into spying tools by exploiting more than 400 vulnerabilities in Qualcomm’s Snapdragon chip.
China Sanctions US Senators Ted Cruz, Marco Rubio, Others
Beijing has announced retaliatory sanctions against the US which will target Republican Senators Ted Cruz and Marco Rubio, among others.
German Finance Minister to Run for Chancellor Next Year
German center-left Social Democratic Party plans to name Finance Minister Olaf Scholz as its candidate to become chancellor in the country's national election next year.
Lukashenko Wins Belarusian Election
Belarusian President Alexander Lukashenko has won the Belarusian presidential election with 80.23% of the vote.
UK Seizes $1bln of Gold from Venezuela, Russia Says
The United Kingdom has de facto seized $1 billion of gold stored in its bank from Venezuela at a time when the Latin American nation is grappling with the pandemic.
Lebanon Information Minister Quits
The Information Minister of Lebanon, Manal Abdel-Samad on Sunday stepped down in the first government resignation since a deadly port blast.