FT – ‘Energy groups seek emergency support’
Summary of Today's Paper
FT – ‘Energy groups seek emergency support’
The Financial Times reports that the UK’s largest energy suppliers are requesting a multibillion-pound emergency support package from the government to help them survive the crisis sparked by gas prices.
Today's Headlines
Trump sparks Gaza outrage
Trump sparks Gaza outrage The FT says Donald Trump has urged Egypt and Jordan to take in most of the population of Gaza, saying it was time to “clean out” the territory in comments that are likely to outrage Palestinians and Arabs across the region.
Trump demands Opec cuts oil price and central banks trim interest rates
Donald Trump has called on oil producers’ group Opec to bring down global prices in order to put pressure on Russia to end the war in Ukraine, the Financial Times reports.
Trump stalls $300bn of infrastructure fund as Biden climate agenda ditched
The FT reports that President Donald Trump’s return to the White House has “put more than £300bn of potential federal infrastructure funding at risk”.
Trump widens ‘economic war’ to tax
Trump widens ‘economic war’ to tax The FT says Donald Trump has threatened to double tax rates for foreign nationals and companies in the US to hit back at “discriminatory” levies on American multinationals, in a move that threatens to trigger a global confrontation over tax regimes. In a memo outlining his “America First” trade policy on Monday, the US president referred to an obscure 90-year-old provision of the US tax code — Section 891
‘Golden age of America begins now’
‘Golden age of America begins now’ The FT reports Trump is returning to the White House with broader support than when he left in 2021. The paper says the 47th president has pledged to “deliver quickly on the populist and nationalist platform that swept him to victory in last year’s presidential race”. The paper highlights that Trump has repeated his vow to take back control of the Panama Canal and withdraw the US from the Paris
Trump poised to launch blitz of 100 orders from day one
Trump and his top advisers are finalising about 100 executive actions that he will sign in his first days in office beginning on Monday