USA: Two economies, one nation March 15, 2018 As economists and investors, we treat the United States as one country and one economy and the eurozone as a conglomerate of many countries with a common currency. There are good reasons for this: The United States is not just a currency union and a single market but also a fiscal union with a uniform [...]
Intelligence breakdown: Corbyn refuses to blame Moscow for chemical weapons attack as May slings out 23 Russian ‘spies’ out of the country March 15, 2018 Jeremy Corbyn has sparked a furious row in the Labour party after he pointedly refused to condemn Russia for the attack on Sergei and Yulia Skripal. Theresa May had informed MPs there had been no credible explanation for the attack in Salisbury and reiterated the government’s position that Russia was responsible. She described Moscow’s response [...]
Q&A: What does the Russia spy dispute mean for UK businesses? March 14, 2018 Prime Minister Theresa May today said the UK will expel 23 Russian diplomats as part of a series of measures following the “attempted murder” against ex-spy Sergei Skripal and his daughter Yulia. The diplomatic flare-up raises serious questions for Russian business. Will Russian firms find it harder to list in London? Yuen Low, analyst at Shore Capital, [...]
Jeremy Corbyn facing Labour revolt over Russia after backbench revolt March 14, 2018 Jeremy Corbyn is facing growing discontent within his own party over his stance on Russia, after he repeatedly called for further evidence before condemning the state for the attack on Sergei Skripal earlier this month. The Labour leader refused to condemn Russia over the attack following Theresa May’s claim that it was “attempted murder” conducted [...]
PM reveals Russia World Cup boycott, diplomats to be thrown out of the UK, assets to be frozen, and a new law after Sergei Skripal “attempted murder” March 14, 2018 The UK will expel 23 Russian diplomats as part of a series of measures following the “attempted murder” against Sergei Skripal and his daughter Yulia, with Theresa May laying the blame for the attack at Russian President Putin’s feet. According to the Prime Minister, the diplomats have been identified as “undeclared intelligence agents.” The expulsion [...]
PM reveals Russia World Cup boycott, diplomats to be thrown out of the UK, assets to be frozen, and a new law after Sergei Skripal “attempted murder” March 14, 2018 The UK will expel 23 Russian diplomats as part of a series of measures following the "attempted murder" of Sergei Skripal and his daughter Yulia, with Theresa May laying the blame for the attack at Russian President Putin's feet. According to the Prime Minister, the diplomats have been identified as "undeclared intelligence agents." The expulsion [...]
DEBATE: After the attack on Sergei Skripal, should England’s football team boycott the World Cup in Russia? March 14, 2018 After the attack on Sergei Skripal, should England’s football team boycott the World Cup in Russia? Robert Colvile, director of the Centre for Policy Studies, says YES. Russia is a gangster state. It has murdered on British soil, invaded its neighbours and annexed their territory, sponsored the partisans who shot down Flight MH17, interfered with [...]
The social media battle against fake news has begun – beware your own emotions March 14, 2018 Did Donald Tusk, the former Prime Minister of Poland and now president of the European Council, conspire with Vladimir Putin to murder the President of Poland, Lech Kaczynski? Many Poles believe this preposterous story, I learned last week at a fascinating conference on social influence at the University of Warsaw. In 2010, a Polish Air [...]
Rex Tillerson backs UK but Russian foreign minister Sergei Lavrov rejects Theresa May’s Skripal claims as “nonsense” March 13, 2018 Russia’s foreign minister has rejected the UK’s claims that Moscow was behind the attack on former spy Sergei Skripal and his daughter Yulia as “nonsense”, saying his country had “no relation” with the attempted murder. Sergei Lavrov this morning claimed the UK had blocked him from accessing materials relevant to the case, and said Russia [...]
‘Trump could be the best president since Reagan’: US ambassador Woody Johnson on trade deals, tariffs, Brexit and London’s ‘surprisingly good’ restaurants March 13, 2018 Six months into his term as Donald Trump’s ambassador to the UK, and newly installed south of the river in a fortress-like embassy, Woody Johnson is enjoying himself. “I’m loving it,” he tells me, in his first interview with a business newspaper since arriving in London last August. At a reception for journalists in the [...]