Rachel Reeves has criticised Donald Trump’s decision to go to war against Iran, calling it a “folly” to attack without clear objectives or an exit plan. The chancellor said she …
-
Iran-linked vessels have passed through the Strait of Hormuz after the start of a US naval blockade of Iranian ports, while leaders in South Korea warned that the fallout from …
-
The vice-president defended Donald Trump after Pope Leo criticized the White House’s handling of the Iran war, saying the Vatican should focus on morality and the Catholic Church rather than …
-
Ukrainian president Volodymyr Zelenskyy has praised Péter Magyar’s decisive win in Hungary, describing it as a “victory of light over darkness” and expressing hope for a more pragmatic relationship with …
-
The European Union is pressing ahead with plans to double tariffs and reduce duty-free steel quotas by 47% from July, a move aimed at limiting Chinese imports but one that …
-
Kevin Warsh, Donald Trump’s choice to lead the Federal Reserve, has filed financial disclosures required for Senate consideration, indicating he holds assets valued at well over $100m.
-
Politics
Zelenskyy welcomes Péter Magyar’s victory in Hungary, calling it a break from a hostile era
Ukraine’s president says he hopes for pragmatic and friendly ties with Hungary’s incoming government after Péter Magyar’s decisive election win over Viktor Orbán. Germany’s chancellor Friedrich Merz also said the …
-
Politics
Middle East crisis live: US-sanctioned ships pass through Strait of Hormuz as France and UK prepare to chair talks on Friday
Sanctioned vessels continued through the Strait of Hormuz despite the US blockade of Iranian ports, while South Korea warned that rising energy prices and supply-chain disruption may last for some …
-
The International Monetary Fund has warned that a further escalation in the Iran war could lead to a global recession, rising inflation and turmoil in financial markets, as it cuts …
-
Politics
IMF warns energy crisis from US-Israel war on Iran could push world economy toward recession
The International Monetary Fund says the war on Iran risks triggering an energy crisis “of an unprecedented scale,” with one scenario in its latest outlook showing global growth slowing to …
