US President Joe Biden will travel to Europe next week to show America's support for Ukraine. He will meet with NATO and EU leaders, White House spokeswoman Jen Psaki announced yesterday. She added that Biden would soon provide details of a $13.6 billion aid package for Ukraine.more
The UK government yesterday announced a ban on exports of luxury goods to Russia and increased tariffs by 35p on imports from the country of a range of products, including vodka.more
After a brief stop in Istanbul, a private jet linked to Russian oligarch Roman Abramovich landed in Moscow today. Abramovich is Putin's "cashier" in the West, according to the authors of a journalistic investigation presented yesterday on the BBC Panorama programme.more
One in five Poles have no savings at all, the survey showed. 13% of respondents have gathered savings of less than PLN 1,000, while over 20% have set aside cash between PLN 1,000 and PLN 5,000.more
According to the survey conducted by UCE RESEARCH and SYNO Poland for the ePsycholodzy.pl platform, more than six out of ten people have at least one of the depression symptoms listed in the survey. According to experts, it is a hidden source of low productivity and frequent absence of employees, generating losses for employers and the whole economy. more
The vast majority of adult Poles declared that these days they are most afraid of high prices - 71 percent, war - 70 percent and disease - 64 percent, according to a CBOS survey from the first half of February 2022.more
Nearly 40% of Polish women believe that they earn less than men working in the same positions, according to a survey. The same percentage has a different opinion on the matter, and one in five respondents does not know.more
From next month, big changes will come into force regarding the National Living Wage. The wage is set to rise by 6.6 per cent in April, from £8.91 an hour to £9.50 an hour.more
The NHS will pay for patients' taxis and hotels if they opt for treatment at another hospital away from their home, Sajid Javid is to announce, as he launches a major health reform that will allow the public to “shop around” between trusts to avoid long waiting times.more
Britain will not be able to place Roman Abramovich and other Russian oligarchs under sanctions for "weeks or months" because the government has failed to gather court-defensible evidence of their links to Vladimir Putin's regime, The Times reported today.more
Britain will ban Russian companies from accessing the London insurance market, the world's largest centre for commercial and specialist insurance, Britain's finance ministry said today.more
88% of surveyed Poles believe that living in a pandemic is expensive. This is most strongly felt by seniors and residents of large cities, according to the study by the National Debt Register.more
Associated British Foods (ABF) has said rebounding business at its Primark fashion stores mean its sales and profits are "strongly ahead" of last year.more
The UK announced today that it is following the US and European Union in taking further measures against Russia by banning British entities from dealing with Russia's central bank, finance ministry and sovereign wealth fund.more
"Prices, fees have gone up recently. Repayment of franking credit is becoming a problem for me". - says Ms Paulina, who took out such a commitment in 2008. She intends to go to court on this matter. Nearly 40 percent of Polish franking borrowers plan to do the same - according to the research conducted by UCE Research and SYNO Poland.more
Inflation in Spain has reached its highest level in 30 years, according to estimates from the National Statistics Office (INE) in Madrid. According to the government agency, the inflation level in January 2022 was 6.1 percent.more
In January 2022, the increase in wages was not much higher than inflation - said Jakub Rybacki from the Polish Economic Institute in his commentary to the GUS data. In his opinion, salaries in the first half of the year will increase by 8.5 percent, and inflation will amount to around 8 percent.more
High inflation around the world means that while arms spending is rising nominally, it has fallen in real terms in 2021. The region that deviates most strongly from this trend is Europe, the International Institute for Strategic Studies (IISS) reported yesterday.more
