Omicron Variant

Australian interest rates remain on hold AGAIN at a record low 0.1 per

by

Australian interest rates remain on hold AGAIN at a record low 0.1 per cent despite concerns about inflation sending prices soaring By Colin Brinsden, Aap Economics And Business Correspondent In Canberra Published: 05:29 GMT, 1 February 2022 | Updated: 08:20 GMT, 1 February 2022 Reserve Bank governor Philip Lowe does not expect the Omicron variant … Read more

Psaki announces Biden will FINALLY hold a press conference next Wednesday

by

Psaki announces Biden will FINALLY hold a press conference next Wednesday: President will face the full press for the first time in 78 days Biden will take questions from reporters Wednesday, Jen Psaki said It will be his first formal presser since early November in Glasgow White House has fended off questions for months about … Read more

Wales threatens employees with FINES for going to work under new anti-Omicron rules

by

Wales is threatening £60 fines for employees making ‘unnecessary’ trip to work under new anti-Omicron laws – but going to the pub is still allowed. From Monday, employees will be handed the fixed penalty notice and companies will face a £1,000 fine for each time the rule is broken, rising to a potential £10,000.  The … Read more

French ski resorts face ‘economic disaster’ after Macron banned UK tourists

by

French ski resort owners have told how they are facing ‘economic disaster’ after Emmanuel Macron decided to ban British tourists from entering the country.  Macron said the move- which takes effect Saturday – will slow the spread of Omicron, but with the variant already widespread and making up a larger proportion of French cases than … Read more

Harrods kicks off Boxing Day sales from TODAY due to rapid spread of Omicron

by

Harrods kicks off Boxing Day sales from TODAY as the rapid spread of Omicron forces shoppers to stay at home Harrods is kicking off its famous Boxing Day sale 10 days early due to Omicron It comes as the number of people visiting High Streets across the UK plunged  Central London has seen footfall nosedive, … Read more

CPI inflation soars to 5.1 PER CENT fuelling fears of ‘stagflation’

by

Pressure mounts on Bank of England to raise interest rates to curb inflation after headline CPI soars to a 10-YEAR high of 5.1 PER CENT… but experts warn acting too soon could hammer economy amid Omicron chaos CPI rate of inflation rose to 5.1 per cent in November well above expectations The figure is the … Read more