Foreign
UK Officially Enters Recession for First Time In 11 Years
Britain’s economy contracted by a record 20.4 percent in the second quarter with the country in lockdown over the coronavirus pandemic, official data showed Wednesday.
“It is clear that the UK is in the largest recession on record,” the Office for National Statistics said.
Britain officially entered recession in the second quarter after gross domestic product (GDP) contracted by 2.2 percent in the first three months of the year.
The technical definition of a recession is two quarterly contractions in a row.
The economy is beginning to rebound, however, as the government eases its lockdown restrictions.
GDP output growth was 8.7 percent in June, the ONS said.
“The economy began to bounce back in June, with shops reopening, factories beginning to ramp up production and house-building continuing to recover,” noted Jonathan Athow, deputy national statistician as the statistics office.
“Despite this, GDP in June still remains a sixth below its level in February, before the virus struck.
Overall, productivity saw its largest-ever fall in the second quarter. Hospitality was worst hit, with productivity in that industry falling by three-quarters in recent months,” he added.
Britain’s recession is its first since the 2008 global financial crisis.
Foreign
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Entertainment
“Lagos Is Bigger Than Ghana” – Ghanaian Singer, Efya, Settles Music Industry Comparison
She said: “Nigerian and Ghanaian music markets are not the same. Nigerians are way more than we are in terms of numbers. Numbers really matter now. The number of people that will stream Nigerian music in Nigeria is different from the number of people that will stream Ghanaian music in Ghana. The numbers are not the same.
“In the capacity of numbers, Lagos is bigger than Ghana. It is like the music hub itself. Nigerians are way bigger than we are. So, usually when I see people comparing, I’m like, ‘Do you guys know?’
“There shouldn’t be any comparisons. What I believe that we should is that we should be more collaborative. Find our vibes and put them together to advance what Afrobeats is going to be in the future; for us to be the gatekeepers of our own sound. And I think that’s the power move.”
Foreign
British PM Sunak Condemns Transgenderism, says ‘Man is Man, Woman is Woman’
British Prime Minister Rishi Sunak has condemned transgenderism, saying people should not be bullied into believing anyone can “be the s£x they want to be.”
It also shouldn’t be controversial for parents to know what their children are learning in school about relationships,” Mr Sunak said in his speech at the 2023 Conservative Party conference on Wednesday.
With his party members cheering, Mr Sunak said people cannot be the sex they want, stating, “a man is a man and a is a woman.”
We shouldn’t get bullied into believing people can be any s£x they want to be. They can’t. A man is a man, and a woman is a woman; that is just common sense,” said Mr Sunak.
Mr Sunak further said, “We are going to change this country, and that means life means life. That shouldn’t be a controversial position. The vast majority of hard-working people agree with it.”
The prime minister’s statement has sparked reactions with LGBTQ supporters accusing him of spreading h@te.
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