The move was triggered by a border stand-off with China in the snow deserts of Ladakh that began in May and escalated in June into hand-to-hand combat. Twenty Indian soldiers were killed while China suffered an undisclosed number of casualties.
The data comes after figures released last month revealed that, from March to May, employment in the U.K. had seen its largest quarterly fall in over a decade.
More than a dozen celebrities including Kim Kardashian West, Katy Perry, Michael B. Jordan and Ashton Kutcher said they will participate in a 24-hour Instagram "freeze" on Wednesday as part of the "Stop Hate For Profit" movement.
Short-term thinking is causing governments around the world to make "really dumb decisions" on economic policy, according to J.P. Morgan CEO Jamie Dimon.
Media reports in Asia have buzzed about what they label "flights to nowhere," with some airlines already flying them and others potentially about to start them.
Failing to reach a trade deal with the European Union would be more costly for the U.K. than dealing with the coronavirus pandemic, Goldman Sachs economists have warned.