Markets reeling after Trump sparks recession fears March 10, 2025 Global markets took a hit on Monday as analysts warned of a bleak economic outlook after President Donald Trump refused to dismiss recession fears. When asked whether the world’s largest economy was heading toward recession, Trump responded that a “period of transition” was taking place. “I hate to predict things like that. There is a [...]
Dollar risks losing safe haven status, says Deutsche Bank March 4, 2025 The dollar is at risk of losing its traditional status as a safe haven for global investors following a tariff backlash, a European banking giant has warned. German-based Deutsche Bank said: “This needs to be acknowledged as a possibility” after the speed and scale of geopolitical uncertainty accelerated the dollar’s turmoil. The concerns were shared [...]
Starmer speaks of ‘driving purpose’ to unite Nato allies after White House clash March 2, 2025 Prime Minister Keir Starmer has said his “driving purpose” over the last few days has been reuniting Ukraine and the US after their presidents clashed in the White House. As Starmer gathers European leaders in London to forge a common position on ending the war in Ukraine, the Prime Minister said he is “working hard” [...]
Trump: 2026 Fifa World Cup co-host Canada hits out at 51st State jibe February 27, 2025 The manager of America’s 2026 Fifa World Cup co-host Canada has hit out at President Donald Trump over claims The Great White North should be the US’ 51st State. Trump previously said: “If people wanted to play the game right, it would be 100% certain that they’d become a state.” Ontario Premier Doug Ford hit [...]
UK government aligns with US with AI regulation delays February 25, 2025 The UK government has postponed its plans to introduce legislation regulating artificial intelligence (AI), as ministers reassess their approach in light of the US’s de-regulatory stance on AI. The proposed bill aimed to require AI companies to submit large language models (LLMs), like OpenAI’s ChatGPT, for testing by the UK’s AI safety institute. It was [...]
LIV: Trump, Yasir Al-Rumayyan and Tiger Woods meet in White House February 21, 2025 President Trump, Public Investment Fund governor Yasir Al-Rumayyan and PGA Tour commissioner Jay Monahan met at the White House on Thursday with a new deal with LIV Golf edging closer. The PGA Tour, DP World Tour and LIV Golf have been in discussions surrounding a potential mega-merger which would unite golf as one global sports [...]
NBA breaks rank with NFL and joins X and Truth Social alternative Bluesky February 18, 2025 The NBA has broken ranks with the NFL and established an official presence on Bluesky, the rival social media platform to X. The world’s biggest basketball league launched its account over the last week, though it did not post during its All-Star Weekend. The NBA and some of its teams join Major League Baseball in [...]
Enhanced Games: Trump invests in ‘doped Olympics’ February 13, 2025 The Enhanced Games, a drug inclusive alternative to the Olympics, has bagged Trump family funding as 1789 Capital leads a new funding round. The venture fund is led by investment bank Farvahar Partners CEO Omeed Malik, vice president JD Vance ally Christopher Buskirk – they co-founded The Rockbridge Network together – and the 47th President’s [...]
Crypto fraud surges after Donald Trump’s re-election February 13, 2025 Crypto platforms have been warned the industry is at a “critical juncture” after a Sumsub report showed a spike in fraud cases. The verification platform’s State of the Crypto Industry 2025 said fraud cases were up 48 per cent, with document forgery making up 31 per cent of detected cases in the last year. Following [...]
Cut taxes for BP and Shell to protect UK from Trump’s trade war, Rachel Reeves told February 6, 2025 Oil giants such as BP and Shell who operate in the North Sea should be given huge tax breaks to help protect the UK against Donald Trump’s burgeoning trade war, Chancellor Rachel Reeves has been told. Aberdeen & Grampian Chamber of Commerce is calling on the UK government to reduce the 78 per cent tax [...]