Profitloss Centerstage Events

Record 40 year high inflation in the United Kingdom took center stage on Wednesday, 22 June 2022 among all major events across the globe, and remains the highlight of this week's list of center stage events.
Picture Courtesy: Profit loss

Centerstage events of week 3

Lebanon, Egypt, and Syria sign an agreement to facilitate the...

Lebanon, Egypt, and Syria sign an agreement to facilitate the supply of Egyptian gas to a power plant located in northern Lebanon, with the transit passing through Syria. Nevertheless, the World Bank, the financing body behind the deal, must provide validation for the agreement to become operational. The approval from the World Bank serves as a crucial step in finalizing the arrangement and ensuring the smooth implementation of the gas supply project.

Monday, 20 June, 2022

The United Kingdom witnesses a 40-year record high as inflation...

The United Kingdom witnesses a 40-year record high as inflation climbs to 9.1%, driven by persistent increases in food and fuel prices. The soaring cost of essential goods impacts the overall cost of living for UK residents. This significant inflationary surge raises concerns about the economy and poses challenges for households and businesses alike. Efforts to address this inflationary pressure become a top priority for policymakers as they navigate the complex economic landscape.

Tuesday, 21 June, 2022

In the mangroves of the Guadeloupe archipelago in Lesser Antilles,...

In the mangroves of the Guadeloupe archipelago in Lesser Antilles, scientists uncover a remarkable find: the largest known bacterium, Thiomargarita magnifica. Measuring up to an impressive length of 2 cm (3/4 inch), this discovery astounds researchers. The bacterium's presence in such unique habitats emphasizes the biodiversity and adaptability of microbial life. Unraveling the characteristics and ecological significance of this giant bacterium promises to unlock new insights into the complex world of microorganisms and their interactions with the environment.

Wednesday, 22 June, 2022

In Grenada's recent general election, the oppositional National Democratic Congress...

In Grenada's recent general election, the oppositional National Democratic Congress (NDC) secures the majority of seats, positioning them for victory. NDC's party leader, Dickon Mitchell, is poised to assume the role of Grenada's next Prime Minister.

Thursday, 23 June, 2022

Fuschia Anne Ravena from the Philippines achieves a remarkable feat...

Fuschia Anne Ravena from the Philippines achieves a remarkable feat as she is crowned Miss International Queen, a highly esteemed beauty pageant recognized as the largest global competition for transgender women. The event takes place in Pattaya, Thailand,

Friday, 24 June, 2022

The G7 summit commences in Schloss Elmau, Krün, Bavarian Alps,...

The G7 summit commences in Schloss Elmau, Krün, Bavarian Alps, Germany, with a scheduled duration until June 28. Prime Minister Fumio Kishida and German Chancellor Olaf Scholz make their inaugural presence at the summit, joining the gathering of world leaders.

Saturday, 25 June, 2022

Amid an intense heatwave, the Japanese government urges the public...

Amid an intense heatwave, the Japanese government urges the public to conserve energy and brace for potential power outages. Authorities issue a warning about possible power shortages in the Tokyo region and request citizens to make energy-saving efforts. Notably, this year's summer rainy season concludes earlier than ever recorded by the Japan Meteorological Agency since 1951. Typically, the rains mitigate the summer heat, frequently extending well into July.

Sunday, 26 June, 2022