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Politics
Iran has declared the Strait of Hormuz “completely open” for all commercial vessels during the ongoing ceasefire, as announced by foreign minister Seyed Abbas Aragchi. This decision follows the recent easing of tensions and aims to stabilise global energy supplies. Further actions are anticipated.
Chagossians remain on Île du Coin as efforts to transfer the Chagos Islands to Mauritius collapse. First Minister Misley Mandarin asserts their determination to stay despite resource scarcity and threats of expulsion. Hundreds are ready to join them; however, essential supplies have been confiscated.
Viktor Orbán has conceded defeat in Hungary’s parliamentary elections to Peter Magyar, marking the end of his 16-year rule. Magyar, a political newcomer, promises “system change.” Supporters celebrated in Budapest as the nation anticipates this new chapter in governance.
Cliff Notes Thousands participated in nationwide “Hands Off!” protests against Donald Trump and Elon Musk,…
Cliff Notes – Two Labour MPs have been denied entry to Israel and deported Two…
Cliff Notes – Defence chiefs meet in Kyiv Defence chiefs from the UK, Ukraine, and…
Cliff Notes Donald Trump’s 10% baseline tariff on imports took effect, causing significant declines in…
Cliff Notes The UK government has confirmed that the implementation of the Hillsborough Law will…
Friday’s UK headlines are similar to headlines from around the world: the fallout from Donald Trump’s tariffs after “trillions” have been wiped off the global stock markets.
On Wednesday, Trump announced a baseline tariff on almost every country in the world of at least 10% – whilst some countries face much higher levies, with the EU being hit with 20%.
Since the announcement, global markets have experienced significant declines, with both the US and European markets reporting their worst one-day losses since the COVID-19 pandemic and raising concerns about a potential recession and international retaliation. Economists are warning of a ‘spiral of doom’, suggesting that retaliatory measures could lead to further economic destabilisation.
Elsewhere, a probe into the bitter dispute surrounding Prince Harry’s charity Sentebale. The Charity Commission said it had opened a case to examine “concerns raised” about Sentebale, following claims made by its head, Sophie Chandauka. Prince Harry has said he hopes the watchdog will “unveil the truth”.
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