The UK economy is “close to stalling” as business growth has slowed to its lowest level since January, hit by soaring interest rates, a survey by S&P Global Insight has indicated. Private sector activity in Britain has seen a “considerable slowdown” due to sluggish demand, spiraling inflation, and increasingly high borrowing costs, driving July’s PMI…

Core inflation in the Eurozone accelerated in June, the statistics agency Eurostat revealed last week. In the 20 countries that share the euro, core consumer prices – which exclude food and energy – gained 5.5% year-on-year, up from a preliminary estimate of 5.4% and a reading of 5.3% in May, the data showed.

The former prime minister was accused of making “contemptuous” comments about state officials Pakistan’s Election Commission has issued an arrest warrant for former Prime Minister Imran Khan, who faces a contempt charge for allegedly using “intemperate language” against government officials.