Musk drops out of Trumpworld as fiscal tensions boil over
Elon Musk has stepped down from his advisory role in the Trump administration after criticising a major tax and spending bill. His departure ends a 130-day tenure focused
South Korea secures $350bn US deal, cutting tariffs and pledging major investment and energy purchases.
Elon Musk has stepped down from his advisory role in the Trump administration after criticising a major tax and spending bill. His departure ends a 130-day tenure focused
Poland’s public deficit hit 6.6% of GDP in 2024, driven by defence and social spending. Rising debt, polarised politics, and stalled reforms have raised concerns among ratings agencies
President Donald Trump is weighing fresh sanctions on Russia following its largest aerial assault on Ukraine since the war began. The strikes killed 12 civilians and derailed peace
Spanish hatmaker Fernández y Roche faces a 10 per cent US import tariff, jeopardising its 40-year trade with Orthodox Jewish communities. With a 50 per cent duty possible
Nicușor Dan has been inaugurated as Romania’s new president, ending months of political instability. Elected on a pro-European platform, he now faces urgent economic challenges and a fragmented
Donald Trump has threatened a 50% tariff on all EU imports and a 25% levy on non-US-manufactured iPhones, triggering sharp market losses and EU warnings of retaliation. Apple
A High Court injunction has blocked the UK from finalising a sovereignty deal to transfer the Chagos Islands to Mauritius. The legal challenge, filed by a Chagossian-born British
JPMorgan Chase has created a new Centre for Geopolitics to help clients navigate international risks. Led by Derek Chollet and backed by global political figures, the unit provides
Trump’s sweeping tax-and-spending bill seeks to extend tax cuts, boost defense, and end taxes on tips—while slashing Medicaid and green subsidies. The $3T package faces GOP infighting, fiscal
Trump’s Catholic allies are exerting growing influence in Rome as a new conclave approaches. Backed by wealthy donors and political operatives, they are campaigning for a more traditional