Parishioners of the Ukrainian Orthodox Church-Moscow Patriarchate took over the largest Orthodox church in Cherkasy, the Mikhailovsky Cathedral, after transferring a part of it to the Orthodox Church of Ukraine. Around 18 thousand supporters of the Moscow church stormed the cathedral, using tear gas and causing a confrontation. Law enforcement arrived to maintain public order and document violations, while plans were made to turn the cathedral into a garrison temple and center for national-patriotic education.
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Bank of England’s top economist dismisses hopes of big interest rates cuts in further blow to Rachel Reeves
Rachel Reeves faced setbacks in her efforts to boost economic growth as the Bank of England downplayed the possibility of a significant interest rate cut, opting for a more cautious approach. Chief economist Huw Pill's comments came after the bank halved its growth forecast and warned of higher inflation and increased unemployment due to rising taxes and minimum wage. Reeves' future as chancellor is in question, with the Bank highlighting unexpected pay growth as a...
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