4 h. ago US treasury secretary accuses Beijing of trying to damage global economy; silver hits record high – business live

Rolling coverage of the latest economic and financial newsWhy has US-China trade war restarted and how have markets reacted?A flurry of takeover talk speculation has pushed up shares in budget airline EasyJet this morning.EasyJet’s shares are up over 7%, leading the risers on the FTSE 100 share index.“[The group] does not believe the redress methodology proposed by the FCA appropriately reflects actual customer loss or achieves a proportionate outcome.“...the FCA’s proposed approach to assessing unfairness does not align with the legal clarity provided by the supreme court judgement in respect of the “Johnson” case, which confirmed that the test for unfairness is highly fact specific and must take into account a broad range of factors. The group will continue to engage with the FCA in respect of these points.“Many motor finance lenders did not comply with the law or the rules. It’s time their customers get fair compensation. Recent court judgments show that liabilities exist no matt...

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4 h. ago Wriggling Yvette Cooper refuses to voice 'confidence' in deputy national security chief after China spying trial collapse as ministers are accused of 'scapegoating' official

The Foreign Secretary refused to say if Matthew Collins should remain in his post or if she had confidence in his ability, in the deepening row over how Beijing is handled by Labour .

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8 h. ago ‘Did two Brits spy for China?’ is one question. ‘Can any UK PM really stand up to China?’ is an even bigger one | Gaby Hinsliff

It’s Keir Starmer’s turn to muddle through a problem that none of his predecessors solved: can his cash-poor nation afford to offend a superpower? It has all the makings of a gripping spy novel.Two young men accused of passing secrets to China, who vigorously protest their innocence, are swept up in a swirling political intrigue with a shadowy semi-mythical figure (in the shape of veteran Downing Street national security adviser Jonathan Powell) at its heart. Yet the story dominating domestic headlines as MPs returned from recess this week is not fiction, or at least not entirely.Gaby Hinsliff is a Guardian columnist Continue reading...

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8 h. ago Scott Bessent accuses China of trying to damage global economy

US Treasury secretary tells FT Beijing’s restrictions on critical mineral exports will hurt its own international standing

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10 h. ago Labour accused of making deputy national security adviser 'scapegoat' over collapse of China spying trial

Labour have blamed Jonathan Powell's deputy for the controversial collapse of the Chinese spies case.

Events

26 h. ago Can Colombia embrace clean energy without damaging the Amazon?

At the foot of the Andes, a Canadian firm has plans for one of the country’s biggest copper mines, but many say the carbon-rich forests and clean rivers are too high a price to payAs the sun sets over the Colombian Amazon, construction worker Pablo Portillo observes the canopy. Titi monkeys swing in the treetops as the Mocoa River roars nearby. For four years, he and his family have lived quietly in this biodiverse “gateway to the Amazon”, where the Andes descend into the rainforest, home to mountain tapirs, spectacled bears and vital rivers.But Portillo, 46, fears this peaceful landscape is at risk. Canadian company Copper Giant Resources has been exploring nearby mountains with a view to opening one of Colombia’s largest copper mines. Beneath Mocoa lie an estimated 2m tonnes of copper, a transition metal vital for clean energy in wind turbines and batteries. Continue reading...

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3 d. ago Trump threatens 100% China tariffs as Beijing restricts rare

President accuses China of ‘very hostile’ moves and says additional tariffs could come on 1 November ‘or sooner’Donald Trump has threatened to impose additional US tariffs of 100% on China from next month, accusing Beijing of “very hostile” moves to restrict exports of rare earths needed for American industry.Wall Street fell sharply after the US president reignited public tensions with the Chinese government, and raised the prospect of another acrimonious trade war between the world’s two largest economies. Continue reading...

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4 d. ago The 'chopstick amateur' English teacher who found love in China as a travel blogger before being accused of spying for the Communists

In one blog, Christopher Berry told how he visited a branch of Ikea to find children jumping on beds while others napped on display furniture, noting: 'China is a whole different kettle of fish'

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4 d. ago Foreign Secretary refuses to say if she saw dossier branding China a ‘threat’

The document could have been key to the collapsed trial of two men accused of spying for China.

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4 d. ago National security adviser accused of torpedoing China spy case DID back charges, so why did he change his mind?

Matthew Collins initially provided an assessment for the Crown Prosecution Service (CPS) in support of the espionage case against parliamentary aide Chris Cash and teacher pal Chris Berry.

Events

4 d. ago National security adviser accused of torpedoing China spy case DID sign off on charges, so why did he change his mind?

Matthew Collins initially provided an assessment for the Crown Prosecution Service (CPS) in support of the espionage case against parliamentary aide Chris Cash and teacher pal Chris Berry.

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5 d. ago Legal experts question reasoning behind CPS dropping China ‘spies’ case

Ex-DPP Ken Macdonald says prosecutors may have been ‘over-fussy’ in seeking further assurances from governmentLegal experts have questioned the explanation given by the Crown Prosecution Service for its sudden decision to drop charges against two Britons accused of spying for China amid a political row over who was responsible.The expert lawyers expressed surprise that the CPS thought it needed further assurance from the government that China was an enemy insofar as it posed “a current threat to national security” before the trial of Christopher Cash and Christopher Berry could go ahead. Continue reading...

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6 d. ago Kemi Badenoch accuses Keir Starmer of deliberately collapsing 'China spy' trial so Labour can 'suck up' to Beijing

The Tory leader lashed out amid claims that the Prime Minister's light touch with the Communist regime had handed it a free pass to commit espionage in the UK.

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6 d. ago UK prosecutor says a spying case collapsed because the government wouldn't call China a threat

England's chief prosecutor says the trial of two British men accused of spying for China collapsed because the government refused to label China a national security threat

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6 d. ago Labour minister REFUSES to label China 'an enemy' as Keir Starmer is accused of giving Beijing a 'free pass' to spy in Britain in wake of trial collapse

Emma Hardy admitted dealing with the communist regime was 'a challenge', the day after the director of public prosecutions launched an astonishing attack on the government.

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6 d. ago London police catch gang accused of smuggling stolen phones to China

London police catch gang accused of smuggling stolen phones to China  upi.com

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7 d. ago Ukraine's ex PM accuses China of being an 'accomplice' to Putin's invasion and is 'financing Russia's war chest' by buying oil from Moscow

Arseniy Yatsenyuk lashed out at Beijing , dismissing claims the Asian superpower was 'neutral' in Russian tyrant Vladimir Putin 's murderous effort to overrun Ukraine.

Events

9 d. ago Trump plans aid package for US soybean farmers while seeking trade deal with China

President Donald Trump is making plans for a significant aid package for U.S. soybean farmers

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1 week ago Trump administration imposes sanctions on some Iranian people and firms after UN decision

The U.S. imposes new sanctions on firms and individuals linked to Iran's missile and military aircraft production

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2 w. ago Coco Gauff in furious clash with Belinda Bencic at China Open after being accused of ‘mind games’

Gauff said her coaching team were told to ‘shut up’ by Bencic and the American was accused of playing ‘mind games’ in a fiery exchange

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