US-China tension: Taiwan spending angers Beijing power brokers December 24, 2022 Beijing has condemned an annual US defence spending bill for hyping up the “China threat”, but Taiwan welcomed the legislation, saying it demonstrated US support for the self-governing island that China says must come under its rule. “China deplores and firmly opposes this US move,” the Foreign Ministry said in a statement posted online on [...]
Britain baulks at Biden’s £330bn green subsidy package December 23, 2022 Britain has voiced its disapproval of Joe Biden’s extensive US package for green subsidies, warning they are protectionist and could harm UK energy firms. Kemi Badenoch, the UK’s international trade secretary has reached out to her US counterpart, criticising the Biden administration’s £327bn ($395bn) green economy package. In a letter seen by the Financial Times, [...]
Sunak convinces US to double its gas exports to UK to slow sky-high energy bills December 7, 2022 Under fresh plans to clamp down on the rising cost of living across the UK, the government has convinced the Biden administration to double US gas exports to Britain. Prime Minister Rishi Sunak pledged that the new partnership to boost energy security, efficiency and affordability will cut prices for Britons and ensure the UK’s national [...]
All eyes on Biden vs Trump today: US midterms to usher in two years of gridlock November 8, 2022 The sharp decline in the US dollar markets saw on Friday continued yesterday as the greenback lost ground across the board, with the pound benefiting the most, pushing above the 1.1500 area, as markets looked ahead to this week’s Q3 GDP number, and next week’s autumn budget. The weakness in the US dollar came despite [...]
Biden marks ‘groundbreaking milestone’ as UK gets first Hindu PM – but calls him ‘Rashid Sanook’ October 25, 2022 President Joe Biden marked the milestone of Britain getting its first Hindu prime minister, but appeared to pronounce his name wrong, as ‘Rashid Sanook’. The 79-year-old congratulated the new resident of Number 10, calling the feat “pretty astounding” during a reception celebration of the Hindu festival Diwali. During his address he called Sunak’s rise to [...]
Joe Biden: Putin ‘not joking’ about using nuclear weapons October 7, 2022 US President Joe Biden has warned Vladimir Putin is “not joking” about using nuclear weapons and the world could face the prospect of “armageddon”. The leader of the free world made his comments at a fundraising event for his Democratic Party in New York, as the battle for eastern Ukraine continues to rage after Putin’s [...]
Biden urges Congress to put petrol tax on hold as pump prices spike to record highs June 22, 2022 US President Joe Biden has called on Congress to pass a three-month suspension of the federal gasoline tax to help combat record pump prices.
Lots of luck on moon trip: Biden jibes Musk on ‘super bad feeling’ about economy June 4, 2022 President Joe Biden has scorned Tesla founder Elon Musk after the tech boss cited a “super bad feeling” about the economy amid plans to slash jobs. Speaking on Friday, the US President pointed out that while the electric carmaker said it needed to axe one in 10 jobs, rival Ford was “overwhelmingly” increasing investment. “While [...]
Biden urges Johnson to show ‘courage, co-operation and leadership’ over plan to ‘give up’ on N. Ireland Protocol May 11, 2022 US President Joe Biden has waded into the row over Britain ‘giving up’ on talks on the Northern Ireland Protocol, calling for leadership and negotiations. Earlier this week it was reported that the British government will move to discard large portions of the Northern Ireland Protocol after giving up on Brexit negotiations with the EU. [...]
Kremlin coup rumours growing in Moscow: Disgruntled generals join FSB looking to oust Putin and end Ukraine war May 5, 2022 Rumours are swirling in Moscow that a number of former generals and KGB officials are preparing to oust Russia’s president Vladimir Putin and plan to end the war in Ukraine, which is increasingly seen across Russia as a strategic mistake and, above all, an economic disaster. The top of Putin’s former employer – the Russian [...]