4 d. ago Donald Trump condemns Russia attacks on Kyiv as MPs warn no concessions on territory

It follows comments made by the US President on social media

Events

5 d. ago Donald Trump launches scathing attack on Zelensky and warns wartime leader to back his peace deal and forfeit land to Putin or lose ALL of Ukraine

Donald Trump last night launched a scathing attack on Volodymyr Zelensky after he rejected the terms of a Ukraine peace deal.

Events

5 d. ago A dozen US states sue to stop Trump’s ‘reckless and insane’ tariff policy

Lawsuit rebukes claim that president can arbitrarily impose tariffs based on act intended for emergenciesA dozen states sued the Trump administration in the US court of international trade in New York on Wednesday to stop its tariff policy, saying it is unlawful and has brought chaos to the American economy.The lawsuit said the policy put in place by Donald Trump has been subject to his “whims rather than the sound exercise of lawful authority”. Continue reading...

Politics

5 d. ago Trump live updates: Just 37% of Americans approve of president’s handling of economy, poll shows

The majority of Americans now fear a recession, even as Donald Trump conceded ultra-high tariffs on China would fall but warned they would not hit zero

Politics

5 d. ago New tax rises warning as UK borrowing jumps in UK hit by Donald Trump tariff wars

Public sector net borrowing rose to £151.9 billion in the year to the end of March - equal to £95,300 per household

Events

5 d. ago New tax rises warning as borrowing jumps in UK hit by Donald Trump tariff wars

Public sector net borrowing rose to £151.9 billion in the year to the end of March, says the ONS

Events

6 d. ago Rachel Reeves warned she can't just blame Donald Trump's tariffs for faltering economy as IMF slashes its growth forecast for Britain

In a brutal verdict on Labour's economic record, it said domestic factors had played the 'biggest role' in its decision to downgrade its UK growth forecast.

Events

6 d. ago IMF forecasts three more Bank of England rate cuts this year

The International Monetary Fund has slashed its forecasts for the UK economy on the back of Donald Trump's trade tariff uncertainty warning the UK is likely to see an inflation spike

Politics

6 d. ago The Guardian view on the IMF’s warning: Donald Trump could cost the world a trillion dollars | Editorial

The US president’s economic agenda collides with fragile financial systems, triggering market fears, investor flight and developing nation chaosWake up! When the most sober of global institutions, the International Monetary Fund, abandons its usual technocratic calm to sound the alarm on the political roots of global financial instability, it’s time to pay attention. The IMF is warning of a non-negligible risk of a $1tn hit to global output, as Donald Trump’s erratic “America first” agenda – part oligarchic enrichment scheme, part mobster shakedown – collides with a perfect storm of global financial vulnerabilities.Such a shock would be equivalent to a third of that experienced in the 2008 crisis. But it would be felt in a much more fragile and politically charged environment. This time, the crisis stems not just from markets but from the politics at the heart of the dollar system. The IMF’s latest Global Financial Stability Report sees the danger in Mr Trump’s trade ...

Events

6 d. ago Even Trump must know that firing the chair of the Fed would be self

Jerome Powell is a soft target for the president amid economic instability. But getting rid of him would only invite more chaosUS stock markets, Treasury bonds and the dollar itself are sliding amid the tariff turmoil and Donald Trump needs a soft target. It was probably only a matter of time before he intensified his attacks on Jerome Powell, chair of the US Federal Reserve. It is an easy narrative to blame the dull central banker with orthodox worries about anchoring inflation expectations. Nor is Powell able to engage in tit-for-tat soundbites. Unlike Trump, he must measure the impact on markets of his every word.The open question is how far Trump intends to push things. Monday’s reaction in financial markets was strong because it seemed for the first time that the president could be serious about removal. “Powell’s termination cannot come fast enough!” declared Trump, which was several notches beyond his usual whine about urging the Fed to hurry up with cuts in interest rates. C...

Politics

6 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

6 d. ago Trump tariffs chaos will blow huge hole in US economy and hit UK hard, says IMF in damning report

‘The US effective tariff rate surged past levels reached during the Great Depression,’ say the leading economists

Events

6 d. ago Trump tariffs chaos will slash UK economic growth and spike inflation, says IMF in double blow to Reeves

‘The US effective tariff rate surged past levels reached during the Great Depression,’ say the leading economists

Economics

6 d. ago Donald Trump may pull 'unhinged' Pope stunt after funeral, warns Jimmy Kimmel

President of the United States, Donald Trump, has announced he will be attending Pope Francis' funeral following the sad news of the pontiff's death on Easter Monday

Events

9 d. ago Musk and AI among biggest threats to brand reputation, global survey shows

Appraisal of international public affairs leaders warned companies against aligning with ‘polarizing’ Trump allyAssociating with the Donald Trump administration’s multibillionaire adviser Elon Musk and misusing artificial intelligence are among the most surefire ways for companies to damage their brands, a new survey of more than 100 international public affairs leaders found.Those findings stem from an appraisal conducted by the Global Risk Advisory Council, which was chaired by the head of the US Small Business Administration during Joe Biden’s presidency, Isabel Guzman. Continue reading...

Events

9 d. ago Martin Lewis explains whether UK energy bills will fall after Trump tariff chaos

The US President's recent tariff wars have seen global markets crash, with steep declines and then partial surges - so could the economic chaos be good news for UK households?

Politics

1 week ago MIKEY SMITH: 7 unhinged things Donald Trump did in 24 hours as judge gives chilling warning

Not sure anyone expected it to escalate so quickly - within the first 100 days - but the case of Kilmar Abrego Garcia has hastened Trump's first potentially existential clash with judges

Events

1 week ago Donald Trump warned of 'truly massive' protest after major hint on UK state visit date

Thousands protested during Trump's last state visit and a giant inflatable Trump 'baby blimp' - showing the US President wearing a nappy - was flown over Parliament Square

Events

1 week ago 'Truly massive' Donald Trump protest planned for UK visit after major hint on date

Thousands protested during Trump's last state visit and a giant inflatable Trump 'baby blimp' - showing the US President wearing a nappy - was flown over Parliament Square

Politics

1 week ago IMF chief cuts growth forecast over ‘off the charts’ trade uncertainty

Kristalina Georgieva warns that Donald Trump’s tariff ‘reboot’ threatens to raise prices and play havoc with markets

Politics