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Politics
Iran sets tough terms to reopen Strait of Hormuz, demanding the US lift its naval blockade and compensate for war damages.
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.
From leadership drama to fascist debate From leadership drama to fascist debate at the Conservative…
MPs have declared more than £6m in ‘freebies’ since 2010 Calls for urgent reform after…
Boris Johnson claims Covid originated in lab, in U-turn in his views Former prime minister…
Boris Johnson claims he considered raid into Holland to recover ‘kidnapped’ Covid vaccines – UK…
The topic The Facts The UK Chancellor Rachel Reeves appeared at the Labour Party conference…
“In the standard textbook model that Reeves would have learned at Oxford and the London School of Economics in the late 1990s, business investment is a reward for governments that behave nicely. Investors want low tax rates, flexible markets and, above all, stability. Any hint of an increase in borrowing and they will spook, worrying that government debt will spiral out of control. In this kind of model, even austerity can be expansionary, as it demonstrates to the business community that the fiscal authorities are really committed, even at the expense of electoral pain.”
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