Soaring interest rates take toll on UK property market – Bloomberg

House purchases have dropped as British banks withdraw mortgage offers amid rising borrowing costs, the outlet reports House sales in the UK are in steady decline after the country’s banks started actively pulling mortgage products in response to mounting interest rates, Bloomberg reported on Tuesday.

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Billionaire investor lambasts UK government

Its policies could exacerbate inflation in the country and result in ballooning public debt, prominent investor Ray Dalio warns The UK’s new cabinet is operating like the government of an emerging country, billionaire investor and the founder of Bridgewater Associates Ray Dalio wrote on Twitter on Tuesday.

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NATO member wants ‘devastating’ retaliation against Russia

The bloc’s response to any use of WMDs by Moscow in Ukraine must not be nuclear, but still massive, Poland’s foreign minister says NATO’s response to any use of tactical nuclear weapons by Russia in Ukraine must be “devastating” but only employ conventional arms, as Moscow’s threat is not directed at the bloc, Polish Foreign…

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