- Trump threatens 50 per cent tariff on Canadian goods worth $20 billion
- US and Saudi Arabia sign nuclear cooperation agreement for civilian programme
- Modelling scout linked to Epstein investigation found dead at home near Paris
- Ireland’s politicians outline plans for EU presidency amid key challenges
- Toronto officer provided burner phones from lost property to accused colleague
- House passes bill to restrict stock trading by members of Congress
- Woman, 70, charged with murder of British woman found stabbed in French village
- Wildfire devastates Cotignac, destroying homes and forcing evacuations
Politics
Donald Trump threatens to withdraw U.S. troops from Europe, citing NATO allies’ opposition to his claims over Greenland during the NATO summit in Ankara.
Giorgia Meloni criticises Donald Trump, refuting his claims of her begging for a photograph, while expressing disappointment in his treatment of allies.
Donald Trump has rejected Iran’s latest offer, citing dissatisfaction and ‘disjointed’ leadership. He pointedly noted that options include making a deal or escalating military action. As the situation develops, governments are drafting contingency plans to address potential supply chain disruptions.
Spring Statement 2025 reaction – Thursday’s headlines are reacting to yesterday’s Spring Statement delivered by the chancellor.
Chancellor Rachel Reeves announced significant measures to address the UK’s economic challenges. Key points include a £14 billion plan involving cuts to welfare payments (£4.8 billion) and departmental spending (£3.6 billion) to fix public finances. The Office for Budget Responsibility (OBR) has halved the 2025 economic growth forecast to 1%, down from 2%. Despite these austerity measures, the tax burden is projected to reach a record 37.7% of the GDP by 2027-28. Additionally, a £3.25 billion Transformation Fund was introduced to drive efficiencies across government departments.
Following the chancellor’s update on the economy, Donald Trump announced new import taxes of 25% on cars and car parts coming into America in a move that threatened to widen the global trade war.
Zelensky urges US and allies to stand strong against Russia – defiant that Russia is the evil empire. He acknowledged the bipartisan support within the US for Ukraine but cautioned against the influence of Russian narratives on American officials that could undermine their stance.
Emmanuel Macron expressed concerns over Russia’s tendency to reinterpret ceasefire agreements, following a recent tentative deal involving Ukraine, the US, and Russia concerning strikes in the Black Sea region.
Chancellor Rachel Reeves says the 2025 growth estimate for the UK has been halved to 1% from 2% by the government’s official forecaster, the Office for Budget Responsibility (OBR)
Washington is lifting sanctions on Moscow for the first time in over three years, indicating a significant shift towards US-Russia rapprochement under Donald Trump.
Happy Wednesday – and most importantly, Happy Spring Statement Day! Today, Chancellor Rachel Reeves will set out her plans for the UK economy for the next year, presenting her budget plans to the Commons at 12:30.
The chancellor is set to introduce significant changes aimed at balancing the UK’s public finances amidst economic uncertainty. Spending cuts are expected to be the main focus, with charities urging the government not to hit the poorest the hardest.
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