Get your selfie face ready. Soloviova Liudmyla / ShutterstockWhen you think about booking a summer holiday, you might think of trips with partners, friends or family. The idea of going on holiday alone can be daunting, or even unappealing. It raises all kinds of questions – who will you talk to? Who will you eat with? Will you be safe?
The European Central Bank (ECB) has confirmed speculation that it will become the latest central bank to start raising headline interest rates to try to ward off inflation. The bank is to raise rates by 0.25 points to 0.25% for lending and -0.25% for deposits, with plans for another rise at the next meeting in September. It will also curtail its programme for buying the government bonds of countries like Italy and Greece by not increasing purchases every month overall.
Twenty million tonnes of grain are currently stuck in Ukrainian silos, exacerbating the global food crisis sparked by Russia’s invasion of the country. Aside from the need to get the grain onto world markets, freeing up storage space will be crucial to make room ahead of the country’s next harvest season.
Writing on the wall? MikeDottaThey rose to great heights but have been falling back hard. The share prices of companies in the so-called gig economy have been performing abysmally, even compared to the woes of stock markets in general. This dates back some 18 months though it has intensified since last autumn.
Elizabeth I in procession, circa 1600. Wikimedia CommonsIn the closing years of Elizabeth I’s reign, England saw the emergence of arguably the world’s first effective welfare state. Laws were established which successfully protected people from rises in food prices.
More than 400 years later, in the closing years of Elizabeth II’s reign, the UK once again faces perilous spikes in living costs. Perhaps today’s government could learn something from its legislative ancestors.
Forget real sneakers – soon we'll be more worried about the digital variety. naratrip2Luxury fashion house Prada has a scheme for customers who want something even more exclusive than its usual range of clothing and accessories. Each month, on a first-come first-served basis, the Time Capsule Collection offers ultra-limited editions of Prada products. They’re only on sale for 24 hours, with purchases delivered straight to customers’ doors.
There has been a huge amount of concern about rising inflation in recent months, and it’s made worse by the fact that wage inflation has not been keeping up.
Mike_shots / ShutterstockIf you ask someone whether it’s okay to steal, chances are most people would say no. This absolutist approach – stealing is wrong, no matter what – finds philosophical backing in the work of 18th century thinker Immanuel Kant, who held that there can be no exceptions to moral rules.