FTSE 100 and European markets steady ‘Trump Slump’ March 11, 2025 Calm briefly returned to global markets on Tuesday morning after an aggressive sell-off on Monday triggered by President Trump’s comments over the weekend. What investors had previously hoped to be a ‘Trump Bump’ turned into a ‘Trump Slump’ after the President’s failure to dismiss recession fears spooked markets. The FTSE 100 was broadly flat Tuesday morning after [...]
Markets reeling after Trump sparks recession fears March 10, 2025 Global markets took a hit on Monday as analysts warned of a bleak economic outlook after President Donald Trump refused to dismiss recession fears. When asked whether the world’s largest economy was heading toward recession, Trump responded that a “period of transition” was taking place. “I hate to predict things like that. There is a [...]
Minerals deal: Zelensky meets Trump in bid for US backing against Russia February 28, 2025 Ukrainian President Volodymyr Zelensky is meeting Donald Trump at a pivotal moment for his country, as he tries to persuade the White House to provide some form of US backing for Ukraine’s security against any future Russian aggression. Zelensky made a thumb’s up sign but did not speak to reporters as he arrived at the [...]
Starmer under US pressure to reject Chinese “super-embassy” in London February 27, 2025 Two senior figures in US-China relations in Congress have called on Lord Mandelson to block the development of a huge 700,000 square foot Chinese ‘super-embassy’ in the heart of London – in a fresh diplomatic headache for Sir Keir Starmer ahead of his crucial meeting with President Trump. Reps John Moolenaar and Chris Smith, in [...]
Donald Trump announces 25 per cent tariffs on EU imports February 26, 2025 Donald Trump has announced he plans to slap 25 per cent tariffs on imports from the European Union (EU) into the US. The US President slammed the European trading bloc, claiming it was set up to “screw” America, and had “done a good job of it but now I am President”. His comments came as [...]
Cut taxes for BP and Shell to protect UK from Trump’s trade war, Rachel Reeves told February 6, 2025 Oil giants such as BP and Shell who operate in the North Sea should be given huge tax breaks to help protect the UK against Donald Trump’s burgeoning trade war, Chancellor Rachel Reeves has been told. Aberdeen & Grampian Chamber of Commerce is calling on the UK government to reduce the 78 per cent tax [...]
Trump’s tariffs reveal reality of Dealmaker-in-Chief February 4, 2025 Things happen quickly in Trump’s America. On Saturday, the US President announced sweeping tariffs on imports from China, Canada and Mexico, in a move that sparked panic among allies as far away as Japan and the EU. By yesterday afternoon, analysts were predicting that the Canadian and Mexican economies would be plunged into recession as [...]
Former Trump ally Mike Pompeo joins London-listed copper firm January 30, 2025 Former US secretary of state and one-time Trump ally Mike Pompeo has joined London-listed copper miner ACG, bolstering its board as it plots a deals offensive and international expansion. ACG, led by a former executive at Russia’s biggest aluminium miner, said the former CIA director would join as a non-executive director and bring “valued strategic [...]
2026 World Cup: Visa backlog could keep teams and fans locked out of US January 30, 2025 US officials have raised concerns that visa backlogs may prevent overseas football fans and even teams from attending the men’s 2026 World Cup. Wait times for interviews for business and tourism visas exceed 330 days at 18 US embassies and consulates, the LA Times reported. With tickets for the World Cup not expected to go [...]