Trump’s tariffs to tip world over into ‘recessionary phase’ April 16, 2025 A locking of horns between the US and China over tariffs could tip the world economy into recession as soon as this year, a closely-watched forecast has suggested, as businesses wrestle with the fallout of declining global trade volumes. Global growth is set to slow to 2.3 per cent this year, according to projections by [...]
EU reset: Government face backlash on meat and dairy regulatory alignment April 15, 2025 The government is facing a backlash over reported plans to align with EU regulations on meat and dairy products. UK officials have suggested to European Union (EU) counterparts that Britain could be willing to accept alignment with EU rules on fresh meat and dairy, and to accept oversight of the European Court of Justice (ECJ), [...]
Law firm Jenner & Block added to Trump’s hit list March 26, 2025 US President Trump continues his war on Big Law as law firm Jenner & Block tagged onto his hit list following a new executive order
The new model of American success: Win at all costs March 13, 2025 America has always been a hyper-individualistic society, but in the turbo-charged Trump era something has changed, says Lewis Liu “What happened to your country?” “Surely most Americans don’t agree with what is happening?” Every single non-American I’ve encountered over the last six weeks has asked me questions like this. Over the past month, I’ve spent [...]
EU hits back at US with €26bn in retaliatory tariffs March 12, 2025 The EU has announced retaliatory “countermeasures” on €26bn worth of US goods, as the global trade war sparked by Trump’s package of tariffs continues to rage. Early on Wednesday, European Commission President Ursula von der Leyen announced that there will be a two-stage process to implement the tariffs, first allowing current measures to lapse before [...]
Trump escalates trade war, suggests Canada becomes ‘51st State’ March 11, 2025 President Donald Trump has escalated his trade war with Canada, doubling tariffs on metals to 50 per cent and threatening to “substantially increase” levies on the automotive industry. In a post on his own Truth Social network, the US President threatened to “permanently shut down the automobile manufacturing business in Canada” if Canadian retaliatory tariffs [...]
Heathrow taps transatlantic demand in busy February March 11, 2025 Heathrow Airport said it had benefitted from a surge in transatlantic traffic as it served more than 5.7m passengers in February. The Hounslow hub said flights to and from the USA and Canada increased seven per cent year-on-year when adjusting for leap years. Its February total was also a record for the airport by that [...]
WNBA: Serena Williams joins ownership group of basketball franchise March 4, 2025 Tennis superstar Serena Williams has joined the ownership group for a Women’s National Basketball Association (WNBA) expansion franchise. Toronto Tempo have welcomed the 43-year-old into their group alongside Larry Tanenbaum, who is the chairman of controllers Kilmer Sports Ventures and owns the likes of AS Saint-Étienne of Ligue 1. The WNBA has 13 teams but [...]
John Major warns of ‘dangerous world’ if US does not stand behind allies February 16, 2025 A world in which the United States does not support its allies will be “rather more dangerous”, former prime minister Sir John Major warned.
Super Bowl: Calls for London to host NFL tournament for economic growth February 8, 2025 London should host a future NFL Super Bowl in a bid to supercharge the capital’s economic growth, politicians and hospitality groups have urged. Ahead of Sunday’s showdown between the Kansas City Chiefs and Philadelphia Eagles in New Orleans, the climax to the NFL season, the potential future impact on the capital’s economy is being talked [...]