The market’s verdict on the £220 billion policy blitz set out by UK Chancellor Kwasi Kwarteng was swift and devastating Tuesday.
His pledge to cut taxes was blamed by financial experts for the sudden drop in the UK currency, the Pound, against the US dollar. The currency recovered it's value later in the day, a fact not generally reported by the mainstream media.
[FULL STORY HERE]
World Politics News is dedicated to raising Americans' knowledge of political events, elections, and legislation throughout the world.
[FULL STORY HERE]
World Politics News is dedicated to raising Americans' knowledge of political events, elections, and legislation throughout the world.
No comments:
Post a Comment