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Politics
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Continuing the trend of the week, coverage of Donald Trump’s tariffs, the stock market reaction and now claims of potential insider trading.
Gold has risen to a record high as investors seek safe-haven assets amid the chaos. The ongoing escalation in the US-China trade war is still causing chaos in the markets as the Asian markets slid on Friday and the US markets slumped on Thursday close, wiping out a chunk of Wednesday’s historic rally. The US markets open at 14:30 GMT.
Friday’s UK headlines cover a variety of domestic and international stories. There is, of course, continued coverage of the fallout from the Trump tariff debacle amid claims of market manipulation and calls for an investigation into potential insider trading.
Royal news continues to be highlighted on the front pages – in print and online – with Prince Harry making a surprise visit to Ukraine and Prince William talking football after Villa’s 3-1 loss. Charles and Camilla are pictured on several tabloids after marking their 20th wedding anniversary with a state visit to Italy, where the pair exercised their soft power in a bid to rebuild relations with the rest of Europe.
The UK is set for another sunny day with temperatures reaching over 23C in some parts – and in Scotland, there are warnings of potential wildfires.
The International Energy Agency forecasts that electricity consumption by global data centres will double within five years, largely driven by the rise of powerful AI models.
Tahawwur Hussain Rana, a Pakistani-born Canadian, was extradited from the US to India and accused of being a key conspirator in the 2008 Mumbai terror attacks that resulted in over 160 deaths.
The US aims for free and priority access to the Panama Canal, while Panama insists on its sovereignty, complicating negotiations amidst ongoing tensions.
Space Forge, founded by two entrepreneurs in Cardiff, is set to launch its ForgeStar-1 satellite, aimed at revolutionising semiconductor manufacturing in microgravity.
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