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economic recovery “was generally seen as not having yet been met,” but agreed they should be poised to act if inflation or other risks materialised, according to the minutes of the central bank’s June policy meeting.

Acoba is supposed to vet appointments taken by former ministers and senior officials, but Lord Pickles, a former minister himself, said Mr Cummings had failed to seek their advice before launching the project. 

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Beyond that, and perhaps more tangibly, I think we should consider the environmental cost of purchasing a new phone. You’ve read the headlines: Climate change is accelerating at rapid speed. Countries around the world keep setting new records for the highest temperatures. There are more climate-related disasters than ever before, arctic caps are melting and biodiversity is disappearing faster than we can save it. What, exactly, happens to all those discarded phones over time? Does all that plastic ever fully decompose? 

Smartphone innovation has stagnated, and this is not a knock against the consumer electronics companies or the tech giants that design them. Maybe we’ve reached peak smartphone, and this is as far as it needs to go. It could well be part of the reason why the race to upgrade your phones is slowing.

The Arlington site is known as PenPlace and sits just outside of Washington DC. It’ll include shops and restaurants, as well as more than 2.5 acres of public use space that’ll feature an amphitheater, dog park and forest grove, Amazon said. 

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* The European Central Bank will on Thursday announce the outcome of an 18-month strategy review, redefining its inflation target and laying down what role it plans to play in the fight against climate change.

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In 2018, Amazon selected two cities for its massive HQ2 expansion project, Long Island City and Arlington. However, public response in New York quickly , and Amazon canceled its plans to build a new campus in the city. 

July 8 (Reuters) – Gold held steady on Thursday as lower U.S.
Treasury yields countered a stronger dollar after minutes from the Federal Reserve’s last meeting showed that the central bank is moving towards tapering its asset purchases as soon as this year.

In a letter to the Cabinet Office Minister Michael Gove, published today, Lord Pickles said: ‘Mr Cummings has failed to seek the committee’s advice on this commercial undertaking, nor has the committee received the courtesy of a reply to our letter requesting an explanation.

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