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Dark days for the UK economy…

September 29, 2022 TheCuriousEconomist Comments Off

The UK economy has been plunged into economic turmoil since the announcement of the mini-budget last week. Since the new chancellor, Kwasi Kwarteng, announced the largest tax cuts in 50 years the economy seems to […]

Lebanon is forced to default on debt as a financial crisis consumes the economy

March 8, 2020 TheCuriousEconomist Comments Off

The Prime-minister of Lebanon has announced that the country in Western Asia is to default on a huge debt repayment of US$1.2 billion which was due to be paid on March 9th. The Lebanese economy […]