Business & Economy

Zelenskyy Seeks Urgent Help as Russia Hits Ukraine’s Power Grid

Published: 06 November 2026. The English Chronicle Desk. The English Chronicle Online. Ukraine's President Volodymyr Zelenskyy has appealed to Latin American countries for urgent assistance in repairing the country's electricity infrastructure, warning that Russian attacks have damaged every power plant in Ukraine. As the war continues into its 1,717th day, Kyiv is facing growing pressure to protect its energy system, maintain essential services and secure the equipment needed to withstand...

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Paraguay President Quits After Major Bank Collapse

Published: 06 November 2026. The English Chronicle Desk. The English Chronicle Online. Paraguay has been plunged into one of its most serious political and financial crises in recent years after President Santiago Peña announced his resignation amid the collapse of Ueno Bank, a major financial institution whose operations had expanded rapidly under his administration. The crisis has left millions of customers unable to access their savings, triggered widespread public protests,...

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Poundland Remains Vulnerable as Rescue Talks Continue

Published: 05 November 2026. The English Chronicle Desk. The English Chronicle Online. The future of British discount retailer Poundland remains uncertain as its American owner, Gordon Brothers, continues discussions with potential buyers following growing concerns over the company's financial position and the threat of administration. Despite ongoing efforts to secure a rescue agreement, the investment firm has acknowledged that the retailer remains vulnerable, placing approximately 12,000 jobs and hundreds of...

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UK Warned Over Dangerous Dependence on China for Minerals

Published: 05 November 2026. The English Chronicle Desk. The English Chronicle Online. The United Kingdom is dangerously dependent on China for critical minerals essential to national defence, artificial intelligence, electric vehicles and renewable energy, according to a parliamentary investigation that has warned the country's economic security and net-zero ambitions could be at risk. Members of Parliament have called for urgent government action to diversify supplies, strengthen domestic production and establish...

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UK Review Urges Jobs Revolution for Disabled Youth

Published: 05 November 2026. The English Chronicle Desk. The English Chronicle Online. The British government should create and subsidise thousands of paid employment opportunities for young people with disabilities as part of a major effort to tackle rising youth unemployment and long-standing discrimination in the labour market, according to recommendations expected in a forthcoming review of youth employment. The proposals, led by former Labour cabinet minister Alan Milburn, are intended...

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Big Tech Faces a New Political Reckoning in America

Published: 05 November 2026. The English Chronicle Desk. The English Chronicle Online. America’s technology billionaires are facing a potentially difficult new political era after Democrats secured decisive control of Congress in the midterm elections, turning public anger over artificial intelligence, corporate influence and extreme wealth into a major electoral force. The political shift has raised questions about the future relationship between Silicon Valley’s most powerful executives and Washington, particularly after...

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South Korea Plans Expanded Naval Operations Near Hormuz

Published: 05 November 2026. The English Chronicle Desk. The English Chronicle Online. South Korea is preparing to expand the operational area of its anti-piracy naval force closer to the strategically important Strait of Hormuz, signalling a cautious shift in its regional security policy amid growing tensions surrounding the war involving Iran. The decision comes after sustained pressure from US President Donald Trump, who has criticised Seoul for providing insufficient support...

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Elon Musk’s $446m Midterm Gamble Ends in Defeat

Published: 05 November 2026. The English Chronicle Desk. The English Chronicle Online. Elon Musk's extraordinary investment of nearly half a billion dollars in the 2026 US midterm elections has ended in a major political setback, after several Republican candidates backed by the billionaire suffered defeats across the country. Despite spending at least $446 million to support Republican campaigns and protect the Trump administration's political influence in Congress, Musk failed to...

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M&S Profits Rebound to £355m After Cyber-Attack

Published: 04 November 2026. The English Chronicle Desk. The English Chronicle Online. British retail giant Marks & Spencer (M&S) has reported a significant recovery in profits, recording £355 million in the first half of its financial year after suffering a devastating cyber-attack that disrupted its operations and damaged sales for more than a year. Although the retailer has made considerable progress in restoring its business, the impact of the incident...

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UK Parliament Faces Risk of Notre Dame-Style Fire

Published: 04 November 2026. The English Chronicle Desk. The English Chronicle Online. The historic Palace of Westminster, one of Britain's most recognisable national landmarks and the centre of its parliamentary democracy, faces an increasing risk of a catastrophic fire or similar disaster unless urgent decisions are made about its long-delayed restoration, according to a new report by a parliamentary committee. The warning has raised fresh concerns about the safety of...

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