THREAD: bloomberg 1

UK Economy SHOCK: 2025 Growth Forecast SLASHED to 1%

04 April 2025 — The UK government is scrambling to address a major financial shortfall as the growth forecast for 2025 has been slashed to just 1%. This sharp reduction raises concerns about the country’s economic health, affected by both domestic and international challenges. The Chancellor of the Exchequer will provide more details in a press conference today.

This development highlights ongoing economic issues like inflation and external pressures that have forced a reassessment of growth projections. Experts worry about the impact on public services and potential tax hikes.

Increased scrutiny of government spending priorities and economic policies is expected following this announcement. The government’s response will be crucial in navigating these turbulent economic waters.

BLOOMBERG’S $1 Billion Gift Transforms Johns Hopkins Medical School

09 July 2024 — Starting this fall, Bloomberg Philanthropies will cover tuition for Johns Hopkins medical students from families earning under $300,000 annually. This initiative aims to reduce student debt and increase opportunities.

Students from families making less than $175,000 a year will also have their living expenses and fees covered. Mike Bloomberg stated that more generous financial aid has made Johns Hopkins more economically diverse and selective.

The $1 billion gift will not only make medical school tuition-free for those with limited means but also boost financial aid for other graduate programs at Johns Hopkins. This move is expected to attract top students who might otherwise be deterred by financial constraints.

Starmer’s ANTI-BREXIT Agenda: EU Relations Set to Deepen Paragraph 1

08 July 2024 — Keir Starmer’s government claims it will not reverse Brexit, but closer ties with the EU are clearly on their agenda. Starmer sent Foreign Secretary David Lammy to Berlin, Stockholm, and Warsaw for diplomatic talks. PARAGRAPH 2

Lammy, who controversially compared Brexiteers to Nazis, wrote in The Local about resetting relations with Europe. He emphasized working closely together to tackle shared challenges and supporting Ukraine against Putin. PARAGRAPH 3

The Labour Party shows no signs of scaling back military interventionism. Lammy affirmed Britain’s commitment to standing by Ukraine in its fight for freedom. PARAGRAPH 4

Lammy’s visit underscores the Labour Party’s intention to strengthen ties with European allies. His tweet highlighted cooperation on shared threats and a bit of football enthusiasm.