UAE Cuts Ties As Iran Warns Gulf States Against Helping Washington; Kpler Says US Navy Gaining Ground In Hormuz

UK Gilt Yields Tumble As BoE Scraps Bond Sales, Holds Rates (As Expected) The Bank of England decided to keep the bank rate unchanged at 3.75% on Thursday, as broadly expected, but shifted closer to further tightening. The decision was reached with a 6-3 vote, with Huw Pill, Megan Greene, and Catherine Mann voting to hike. Although the MPC still sees little evidence of second-round effects in wages and prices, it now judges those risks to have grown and the inflation outlook to be more clearly tilted to the upside. As UBS notes, several members...

Neo-Malthusian Paul Ehrlich recently passed away, but not before his false doomsday claims made his a very wealthy man.

Why Are Europeans Leaving Their Own Countries? While immigration often dominates discussions about Europe’s changing population, another migration trend receives far less attention: many countries are also losing their own native-born citizens. This visualization, created by DataPulse using Eurostat data via Visual Capitalist, ranks selected European countries by the net migration of native-born residents in 2024. Only Lithuania and Bulgaria recorded net gains, while Germany, Italy, Sweden, and several other major economies saw more locally born citizens leave than return. The pattern reflects a mix of economic opportunity, housing affordability, demographic change, and labor mobility within...