UK threatened with sanctions if Starmer blocks Musk’s X Tech The UK has been warned it could face US sanctions if Sir Keir Starmer attempts to block Elon Musk’s social media platform, X, amid mounting concern over its AI tool generating sexualised images of women and children. Anna Paulina Luna, a Republican Congresswoman and ally of Donald Trump, said she was drafting legislation that would [...]
FTSE 100 defence stocks boosted by Trump’s calls for military spending hike Markets Shares in top FTSE 100 defence stocks were boosted on Thursday morning, following President Trump’s push for a 50 per cent boost to the US military budget. BAE Systems shares shot up 6.7 per cent following the market open to highs not seen since October, while Babcock rose by more than 2.2 per cent. President [...]
US military won’t invade Greenland, but Wall Street Warriors might Opinion A US military invasion of Greenland would be self-defeating, but both sides have a great deal to gain from harmonious financial relations, writes James Gray.
Trump torpor: What explains markets’ muted response to Venezuela and Greenland? January 7, 2026 It is understandable that of the dozens of 2026 market outlook papers published by banks and analysts last month, not one predicted that Venezuela’s autocratic leader, Nicolas Maduro, would be captured in a historic overnight raid just three days into the New Year. Even more forgivable, is the fact none foresaw the rapid escalation of [...]
Starmer sends Trump warning on Greenland in sign of icy relations January 6, 2026 Keir Starmer has joined EU countries in sending President Trump a warning to back off Greenland in another sign of tensions emerging between between the US and Western allies. In a statement on Tuesday, European leaders defended Nato member Denmark’s claim over the islands in the Atlantic Ocean, adding that the issue of control was [...]
Cost burden on firms rise at fastest pace since May January 6, 2026 Cost burdens on firms rose at their fastest pace since May as bosses dealt with wage growth pressures and sky-high energy prices, new data has indicated. S&P Global’s latest purchasing managers’ index (PMI), a monthly survey tracking hundreds of companies’ performances, showed that cost increases became heavier at the end of last year. Researchers said [...]
Finance chiefs fearful of war and geopolitical risks January 6, 2026 Finance chiefs have begun the year fretting over the spectre of war and rising global tensions as President Trump’s shock operation to capture Venezuelan dictator Nicolas Maduro put investor nerves on edge. A quarterly survey by Big Four accounting firm Deloitte showed that “geopolitical risks”, which can include everything from higher tariffs to conflict and [...]
Venezuela proves farce of political forecasting January 6, 2026 If history teaches us anything, it's that political forecasters almost always get it wrong. Just look at Venezuela, writes Paul Ormerod.
2026 will be all about hard power January 6, 2026 The season of peace on earth and good will to all men did not last long, and while I’ll shed no tears at seeing a corrupt dictator snatched from his lair it’s fair to say that 2026 is off to an uneasy start. The market response to Donald Trump’s audacious swoop on Venezuela has been [...]
Trump’s push for ‘crypto capital’ sparks PwC shift towards digital assets January 5, 2026 The US arm of the Big Four giant PwC has changed its stance on cryptocurrency work following President Donald Trump’s fondness for digital assets. Trump has pledged to make the US the “crypto capital of the world” after passing the ‘Genius Act’, which governs digital assets such as stablecoins, into law last year. As a [...]