4 h. ago Swiss leader says Trump administration foresees ‘privileged’ talks with 15 countries on US tariffs – US politics live

Karin Keller-Sutter, Swiss president, says Switzerland is among 15 countries with which US plans to hold negotiations to reach deals over tariffsThe Swiss president says Switzerland is among 15 countries with which the United States plans to conduct “privileged” negotiations to help reach a deal after sweeping US tariffs on dozens of countries that have shaken global markets, reports the Associated Press (AP).Karin Keller-Sutter, in an interview with broadcaster SRF published Friday, said she was “satisfied” with talks in Washington this week that included an International Monetary Fund conference and her one-on-one meeting with US treasury secretary Scott Bessent. Keller-Sutter also serves as Switzerland’s finance minister. “The United States has defined a group of 15 countries with which it wants to find a quick solution in this tariff question. Switzerland is part of this group of these 15 countries,” she told reporters separately late on Thursday in Washington, according to the ...

Politics

5 h. ago Swiss leader says Trump administration foresees 'privileged' talks with 15 countries on US tariffs

The Swiss president says Switzerland is among 15 countries with which the United States plans to conduct “privileged” negotiations to help reach a deal in the wake of sweeping U.S. tariffs on dozens of countries that have shaken global markets

Politics

12 h. ago Automakers focus on the global market, chide the US over tariffs at Shanghai's auto show

Booths of big Chinese, German and Japanese automakers are bustling at Shanghai's auto show as the industry keeps its sights on the wider global market not subject to steep U.S. tariffs on imports of cars and auto parts

Economics

17 h. ago Google reports strong earnings amid DoJ antitrust lawsuits and Trump tariffs

Tech giant exceeds Wall Street expectations despite 17% drop in stock price and tariffs levied on its trade partnersGoogle’s parent company Alphabet reported strong first quarter earnings on Thursday, despite being embroiled in antitrust lawsuits brought by the US government and seeing a 17% drop in its stock price since the beginning of the year. This is the company’s first earnings report since Donald Trump levied tariffs on trade partners around the world.Despite the upheaval for Alphabet, it exceeded Wall Street’s expectations, reporting revenue of $90.23bn, up 12% since the same time last year, and $2.81 in earnings per share. Analysts had projected first quarter revenue of $89.2bn and earnings of $2.01 per share, according to consensus estimates. The global tariffs were not expected to create much of an impact for Alphabet, since they were mostly instituted after the end of the quarter. Continue reading...

Politics

19 h. ago Google to report earnings amid justice department lawsuits and Trump tariffs

Parent company to report revenue as it’s embroiled in 17% drop in stock price and tariffs levied on its trade partnersGoogle’s parent company Alphabet will report its first quarter earnings on Thursday, which come as the tech giant is embroiled in antitrust lawsuits brought by the US government and a 17% drop in its stock price since the beginning of the year. It’s also the company’s first earnings report since Donald Trump levied tariffs on trade partners around the world.Despite the upheaval, analysts appear optimistic on Alphabet’s outlook projecting first quarter revenue of $89.2bn, up 11% since the same time last year, and earnings of $2.01 per share, up 7%, according to consensus estimates. Analysts don’t expect the global tariffs to create much of an impact for Alphabet, since they were mostly instituted after the end of the quarter. Continue reading...

Politics

45 h. ago FTSE 100 jumps amid global stock rally after Trump rows back on tariff threats

The US president said that sky-high trade tariffs on China will ‘come down substantially but it won’t be zero’, prompting stock markets to surge.

Politics

52 h. ago UK annual borrowing exceeds forecasts by almost £15bn in blow to Rachel Reeves

Chancellor may be forced to raise taxes or announce deeper public spending cuts in autumn budget, economists sayBusiness live – latest updatesRachel Reeves could be forced to raise taxes or announce deeper cuts to public spending after figures revealed UK borrowing overshot official forecasts by almost £15bn in the last financial year.With the British economy coming under mounting strain amid Donald Trump’s escalating trade war, the Office for National Statistics (ONS) said borrowing in the financial year ending in March was £151.9bn, more than £20bn higher than in the previous financial year. Continue reading...

Economics

67 h. ago Trump’s tariffs spark global recession fears as White House hints at trade deal with China: Live updates

The International Monetary Fund downgraded growth in nearly all countries amid ongoing uncertainty from the Trump administration’s trade policy

Economics

69 h. ago Trump’s tariffs raise chances of U.S. and global recession to ‘almost 100%’, economist warns: Live updates

The International Monetary Fund downgraded growth in nearly all countries amid ongoing uncertainty from the Trump administration’s trade policy

Events

2 d. ago IMF chops UK growth forecast as Trump tariffs hit global economy

IMF chops UK growth forecast as Trump tariffs hit global economy  Reuters

Politics

3 d. ago Risks to global financial stability surging after Trump tariffs, warns IMF

World body says ‘sharp repricing of risks’ possible amid growing concern over role of ‘nonbank’ lendersIMF warns of ‘major negative shock’ from Trump’s tariffsEditorial: Donald Trump could cost the world $1tnThe global financial system is coming under increasing strain as Donald Trump’s trade war rocks markets, the International Monetary Fund has warned.“Global financial stability risks have increased significantly,” the IMF said in its regular snapshot of the system, urging regulators to be on the alert for potential crises. Continue reading...

Events

3 d. ago Britain's growth outlook is slashed 0.5% by IMF in fresh blow to Rachel Reeves as she jets off to Washington for crunch talks as Trump's tariff war tests 'resilience of global economy'

Britain's growth outlook has been downgraded by the International Monetary Fund in a fresh blow for Labour - as Donald Trump's tariff wars deliver a severe hit to the global economy.

Politics

3 d. ago US, global economic outlook worsens in the face of Trump's tariffs, IMF says

The outlook for the U.S. and global economies this year and next has significantly worsened in the wake of President Donald Trump’s tariffs and the uncertainty they have created

Economics

3 d. ago Global growth forecasts slashed in fallout from tariffs, IMF warns

The UK economy is predicted to grow by 1.1% this year, 0.5 percentage points less than January’s forecast.

Events

3 d. ago FTSE 100 bucks global Trump slump after BoE official says US tariffs might CUT inflation and wades into president's standoff with Fed chief

The FTSE 100 edged up after Megan Greene, a member of the Monetary Policy Committee, gave an assessment of the consequences of Donald Trump 's trade war.

Politics

4 d. ago Peter Navarro: the economist who has outsmarted Elon Musk and has the ear of Donald Trump

US president’s chief trade adviser is intellectual driving force behind global tariffs and trade war with ChinaElon Musk called him “dumber than a sack of bricks” but, in the raw contest for political power, Peter Navarro has outsmarted the billionaire.The tumult in global trade shows that for now it is the 75-year-old economist, not Musk, who has Donald Trump’s ear in the Oval Office. Continue reading...

Politics

5 d. ago Britain 'needs to follow Donald Trump's lead and launch a war on woke universities, rid classrooms of anti

The US President's moves to exert more influence over American colleges has sparked calls for the Labour government to ensure British institutions do not engage in 'ideological overreach'.

Politics

6 d. ago 'World's largest gold deposit' worth £61billion could be terrible news for Donald Trump

A huge gold deposit discovered in China could hold an eye-watering £61billion worth of gold which could tip the balance of global power, amid Trump's tariff chaos

Economics

6 d. ago 'World's largest gold deposit' discovery worth £61billion could be terrible news for Donald Trump

A huge gold deposit discovered in China could hold an eye-watering £61billion worth of gold which could tip the balance of global power, amid Trump's tariff chaos

Economics

6 d. ago 250 years after America went to war for independence, a divided nation battles over its legacy

Let the arguments begin

Events