FTSE 100 rebounds as Trump rules out taking Greenland by force Economics Global markets bounced back into the green on Wednesday after President Donald Trump confirmed the US would not use military action to seize Greenland. In his address at the World Economic Forum in Davos, Trump said: “All the US is asking for is a place called Greenland”. “We never ask for anything and we never [...]
Venezuela is ‘uninvestable’ as Trump unnerves market analysts Markets Venezuela is “uninvestable” and requires sweeping reforms before oil giants can support US ambitions, a top chief executive has warned Donald Trump, in a warning that comes amid growing concerns the president is set to rattle markets and hit global economies. ExxonMobil boss Darren Woods appeared to distance the company from the president’s ambitions to [...]
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.
Shell and BP shares sink as China slams ‘bully’ US over oil dispute January 7, 2026 Shares in FTSE 100 oil giants took a tumble on Wednesday as President Donald Trump ramped up the pressure on Venezuela to hand over oil. Shell had sunk near four per cent by midday to 2,644.7p whilst BP was down 3.5 per cent to 416.65p. The losses in the oil giants – which make up [...]
FTSE 100 Live: Next gets Christmas boost; JLR sales crash after cyber attack January 6, 2026 Good morning and welcome back to the City AM liveblog. British defence stocks were taken for a ride on Monday after rising geopolitical tensions put heightened investor appetite. It was the City’s defence giants Babcock and BAE leading the FTSE 100 to start the week, alongside gold miners who were benefiting from the surging price [...]
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 [...]
Future of Bank of England’s Venezuelan gold back in spotlight after Maduro capture January 6, 2026 The foreign secretary has signalled the Bank of England will continue to withhold $4.8bn of Venezuelan gold being held in its vaults, despite the dramatic toppling of the country’s autocratic ruler potentially paving the way to the reserves being returned. Addressing lawmakers late on Monday, Yvette Cooper suggested the government would continue its refusal to [...]
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 [...]
Venezuelan President Nicolas Maduro indicted in New York on drugs and weapons charges January 3, 2026 Venezuelan President, Nicolas Maduro, will stand trial in the US, after both he and his wife were captured and flown out of the country by US special forces on Saturday morning. US Attorney General, Pam Bondi, has confirmed that both Maduro and his wife have been indicted in the Southern District of New York. Bondi [...]