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Post-Covid inflation could push interest on UK’s debt above £100bn, warns BIS

Bank for International Settlements says inflation spike could raise the cost of borrowing to post war highs Inflation could spike this year, putting pressure on central banks to raise the cost of government borrowing to post war highs, according to the Bank of International Settlements, which warned of “daunting” issues confronting policymakers during the post-pandemic recovery. With UK government debt spiralling to £2.2tn due to the costs of the pandemic, a jump in interest rates to levels last seen in the 1990s could more than double the cost of national borrowing. Continue reading... from The Guardian https://ift.tt/3jttW86
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Serena Williams retires at Wimbledon due to leg injury

In her first-round match against Aliaksandra Sasnovich, Serena Williams slipped an injured her right leg, forcing her to retire.           from USATODAY - News Top Stories https://ift.tt/2TmiEYH
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The Backstory: How a Florida newspaper ended up on the moon -- and then became our first NFT

A Space Coast newspaper asked Apollo 14 astronaut Alan Shepard to take a copy of the paper to the moon. Here's how it happened. Drinks were involved.           from USATODAY - News Top Stories https://ift.tt/3qq3XQf
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Review: 'Black Widow' finally does justice to Scarlett Johansson's secret agent Avenger

After a decade of Marvel movies, Scarlett Johansson's superhero finally gets the spotlight while Florence Pugh emerges as a star in 'Black Widow.'           from USATODAY - News Top Stories https://ift.tt/3dt5XC3
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Steelers RB Najee Harris teams up with California Gov. Gavin Newsom to fight homelessness

Najee Harris' non-profit organization has teamed up with a government program that provides living arrangements for those experiencing homelessness.           from USATODAY - News Top Stories https://ift.tt/2USnxsU
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