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So the UK is going to have to raise rates/intervene at some point soon to stave off GBP shorts. Jawboning won't be enough. The issue is that UK GB has very little FX reserves... "The UK only has net FX reserves of $80bn, less than two months’ worth of import cover." -- ING 😟

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"This science is rolling; the train is moving. But instead of lamenting over this, we need to take the initiative and hop on that train, intervene and, if needed, divert it," said a speaker at a Vatican conference. @CarolGlatz  via @ETC_online 

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Sterling skidded to an all-time low against the dollar before recovering on Monday, as investors waited to see if the Bank of England will intervene to calm concerns over government plans that could stretch the country's finances to their limit

WATCH: Sterling skidded to an all-time low against the dollar before recovering on Monday, as investors waited to see if the Bank of England will intervene to calm concerns over government plans that could stretch the country's finances to their limit

Bank says it will ‘not hesitate’ to intervene over market turmoil

@GaryHaubold  I’ve thought for a while that Bear Steepening will happen. Just don’t know mechanism. Right now, it could be foreign CB selling to intervene against the USD Wrecking Ball, but that will just exacerbated LT interest diffs.

Ahead of this year's #COP27 , calls are growing for both #Zimbabwe 's Mnangagwa and #Zambia 's Hakainde Hichilema-led governments to intervene and stop the infrastructure development in Victoria Falls to protect biodiversity. Report by @ShawnMatiashe .

#GBPUSD There is speculation that the BoE could intervene to help shore up the British pound

Bank of England could intervene as soon as today, as pound plunges to all-time low

#MintPrimer | The rupee is depreciating against the dollar, prompting the RBI to intervene in the forex markets to reduce volatility. (Jagadish Shettigar & @PoojaMMisra  report) Mint explains how RBI intervention works:

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The wholesale price of gas dropped sharply yesterday as the EU prepared to intervene directly in energy markets. The change may be along the lines I noted on Sunday. What does this prove? Maybe that good ideas and strong government can beat the racketeering of energy companies?

BREAKING: Putin says foreign powers that intervene in Ukraine conflict will witness consequences they have not seen before

Attorney General Barr lied to Congress and used the Department of Justice to intervene in criminal proceedings against the President's political flunky. I demand his resignation. RT if you agree.

Funny to see all these blue state governors and mayors begging Trump to intervene. For four years, they told us he is a racist and a fascist. Are you sure, guys, that you want a racist and fascist to help you out here? Wouldn’t you be better handling your problems on your own?

The chief executive of a MA hospital, outbid for PPE by the feds multiple times, cut a deal, paid extra, hired the trucks — and then was interrogated by the FBI and had to get his Congressperson to intervene to keep DHS from heisting the shipment.

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BREAKING: in an emergency session this afternoon, Minneapolis City Council will ban chokeholds by police and require officers to intervene anytime they see unauthorized use of force by another officer.

"It breaks my heart every time I speak to one of these victims." @ICEgov  can intervene before preventable crimes happen by removing individuals who have no right to be in our communities.

The White House says there is nothing wrong with pressuring a foreign government to intervene in a US election. They say: they will not cooperate with an impeachment inquiry unless it’s on their terms. They mean: the President is above the law. The Constitution says otherwise.

Sarah Sanders says when Trump said “no” the Russians wouldn’t intervene in 2018, he really meant yes. Apparently it takes people at the higher ends of Intelligence to see that “no” means “yes,” “would” means “wouldn’t” and NATO means nothing. Oh and “nothing” means “everything.”

Tonight’s absurd ruling exposes the monstrous endgame of the GOP’s all-out assault on people w/ pre-existing conditions & the ACA. When take the gavel, the House will swiftly intervene in the appeals process to ! #ProtectOurCare 

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