Britain is less prepared for a pandemic now than it was three years ago, thanks to the sale of a key vaccine manufacturing plant, leading scientists have warned. Professor Adrian Hill, director of the Jenner Institute, which was responsible for ...

Retail sales volumes beat expectations to rise by their biggest margin in months to return to pre-pandemic levels in February. Sales rose by 1.2 per cent in February, the largest monthly growth since October, after a revised 0.9 per cent ...

The Bank of England has pushed up the cost of borrowing to its highest level in nearly 15 years amid concerns that inflation will persist. The central bank raised interest rates by a quarter of a percentage point to 4.25 ...

World Bank President David Malpass set out on Thursday a new road map for private sector participation in project financing across emerging and developing economies as yearly financing needs balloon to $2.4 trillion. The massive financing yearly needs, a new World Bank estimate, could address the effects of climate change, war, and pandemics, and private capital is ...

BRUSSELS – European Union country leaders agreed on Thursday to fast-track reforms to the bloc’s electricity market meant to tame severe price spikes such as those experienced last year after Russia cut gas supplies to Europe. Helped by mild weather and a raft of emergency measures to save ...

SINGAPORE – Singaporean chip designer Eu Gene Goh is an electric-vehicle evangelist with two Teslas in the garage. But the car-tech enthusiast is also not ready to give up his S$1.6-million ($1.21 million) McLaren 765LT with a V8 engine capable of hitting 100 km ...

US Treasury Secretary Janet Yellen sought to reassure jittery investors that American bank deposits were safe and promised policymakers had more firepower to battle any crisis even as bank stocks resumed their slide on Thursday. Investors have dumped banking stocks globally over the past two weeks, with rapid interest rate hikes to rein ...

Have you ever thought about the relationship between the words liberty and freedom? Frequently, the words are used interchangeably, but I have always preferred liberty. Perhaps my preference goes back to Thomas Jefferson’s reference to “life, liberty, and the pursuit ...

Mises saw essentialist values as fallacies because they were unverifiable and saw metaphysical ideas as a key component of authoritarianism. His solution was utilitarianism. Original Article: “Libertarian Law by Democratic Means: Utilitarianism and the Demythologization of Authority” This Audio Mises Wire is generously sponsored ...

When we read about the US economy, we often get wage growth as a signal of a strong labor market. It is hardly a strong market when the labor participation rate and the employment to population ratio are both below ...