PM Rishi Sunak sets out priorities for Britain, responds to critics

Newsletter Jan 4, 2023 [ International Business Times]( [PM Rishi Sunak sets out priorities for Britain, responds to critics]( British Prime Minister Rishi Sunak will set out his priorities for 2023 on Wednesday, using his first speech of the year to try to reassure his restive Conservative Party that he has what it takes to lead them into the next national election. [British rail workers start new year with week-long strike]( British rail workers kicked off the new year with a week-long strike on Tuesday, disrupting the return to work for millions of commuters in the latest bout of industrial action to hit the country. [Learn more about Jeeng]( [German inflation surprise hits brakes on dollar's slide]( The euro nursed losses on Wednesday and has helped the dollar to make a strong start to 2023, after a surprise slowdown in German inflation rallied bunds and sent the common currency sliding. [Apple's stock market value falls below $2 trillion]( Apple Inc's stock market value shrank sharply on Tuesday following its steep drop last year, leaving it below $2 trillion for the first time since March 2021. [Dollar jumps to two-week high, euro slides as German inflation eases]( The euro was on track for its biggest one-day drop since September as German inflation eased in December, while the dollar rose to a two-week high with focus turning to the Federal Reserve's minutes from the December meeting. [dianomi]( > [Oil falls as outlook for China, global economy weigh]( Oil prices edged lower on Tuesday in volatile trade as weak demand data from China and a gloomy economic outlook weighed. [Google alleges India antitrust body copied parts of EU order on Android abuse]( Google has told a tribunal in India that the country's antitrust investigators copied parts of a European ruling against the U.S. [Five things to watch at CES tech megashow]( Last year's CES was dominated by the idea that virtual reality, accessible through a variety of headgear from a wide group of companies, would be the internet of the future. [Italy again delays decision on EU graft suspect, awaits Belgian info]( An Italian court on Tuesday postponed for a second time a hearing on whether to hand over to Belgium a woman suspected of involvement in a Qatar graft scandal that has rocked the European Parliament. [US lawmakers pick leader in high-wire political thriller]( US Republican leader Kevin McCarthy was a simple up-or-down vote from realizing his dream of becoming one of the country's top statesmen on Tuesday -- in a cliffhanger worthy of TV drama "House of Cards" that could as easily end with his career in tatters. [Banks should be more cautious on crypto contagion risks, U.S. regulators warn]( The regulators said they are supervising banks that may be exposed to crypto-related risks. [China slams 'unacceptable' Covid curbs on travellers from its territory]( China called the mounting international restrictions on travellers from its territory "unacceptable" on Tuesday after more than a dozen countries placed fresh Covid curbs on visitors from the world's most populous nation. [Why China's Covid wave is stirring fear]( A growing number of countries are worried about a lack of data and transparency surrounding China's outbreak. [Fears for French baguettes as power prices burn bakers]( Although France has capped electricity prices for consumers, limiting rises to four percent in 2022 and 15 percent in 2023, no such protection exists for businesses. [Seoul says talks underway over joint nuclear exercises]( Seoul and Washington are discussing joint planning and exercises involving US nuclear assets to counter growing threats from the North, South Korea's presidential office said Tuesday, after US President Joe Biden said there would be no such joint drills. ['Unique' Ronaldo gets rapturous welcome at new Saudi club]( The five-time Ballon d'Or winner, with five Champions League titles to his name, signed with Al-Nassr for an estimated 200 million euros to June 2025. You Might Like [Learn more about Jeeng]( [IBTimes]( IBTimes will always protect your security and privacy. Please read our detailed [Privacy Policy.]( Please do not reply to this email. [Click here]( to adjust your notification preferences or unsubscribe. © Copyright 2023 IBTimes LLC. All Rights Reserved. IBTimes LLC, 33 Whitehall ST FL 7, New York, NY 10004 U.S.A, New York, New York 10004, United States You may [unsubscribe]( or [change your contact details]( at any time.