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Federal Reserve Chairman Kevin Warsh used his Jackson Hole speech Friday to answer critics of his muddled July press conference, delivering a clearer warning that stubborn inflation could push the Fed toward a rate hike.Warsh’s first pair of press conferences as Fed chairman left many in the markets uncertain about where he stood on the path of interest rates, prompting bond traders to sell off long-term debt to account for the uncertainty. At a closely watched speech in Jackson Hole, Wyoming on Friday, Warsh showed he had heard those critics. He came as close as he is ever likely to…
A summer holiday to the south of France scuppered Sir Ed Davey’s attempt to give blood to the NHS.The Liberal Democrat leader had been poised to donate at the Brixton Donor Centre but, after filling out paperwork, was told he could not go ahead due to his recent trip to the Charente region.The NHS says those returning from certain parts of France between May and November should wait four weeks before donating due to the risk of mosquito-borne viruses.A Liberal Democrat spokesperson said Sir Ed would return to give blood once the 28 days had passed.His visit to the south…
DENVER — The future of the Democratic Party is on display in Colorado. The state’s choices for U.S. House candidates for the 2026 election feature a member of the Democratic Socialists of America party and another whose platform might be mistaken for that of a Republican as she runs in a district considered a safe seat for the GOP.Most of the state’s eight congressional seats are solidly Democratic or Republican, and safe seats often attract candidates at the extremes of their parties. As candidates aligned with democratic socialist ideals have picked up primary wins across the country this year —…
The SNP had promised to publish the draft legislation in their first 100 days in government after the Scottish election in May.Swinney said: “The world has changed fundamentally since 2014. So has the UK, and so has Scotland.”Scotland is ready. The Scottish people are ready. It is time the UK government delivered.”The first minister said he would have “more to say about Scotland’s constitutional future in the coming weeks”. He added: “Fundamentally, nobody will take better decisions about Scotland’s future than the people who live here. “That future belongs to the people of Scotland – and no-one else.”In line with…
British soldiers could soon be given powered paragliders to enable them to fly up to 200 miles behind enemy lines.The backpack-sized gliders mean Royal Marine and Parachute Regiment troops could fly into hostile areas during the night without the need to drop from aircraft.Manufacturer Blakcro, which is based in Wiltshire, say the machines can be assembled in eight minutes and launched on foot.The Ministry of Defence is spending £6m on the system, with trials set to begin “in the coming months”.Defence Minister Luke Pollard said the government was building a “more resilient, homegrown defence supply chain and ensuring our armed…
Unlock the White House Watch newsletter for freeYour guide to what Trump’s second term means for Washington, business and the worldProsecutors have accused pro-Palestinian activists who are charged with vandalising one of Donald Trump’s Scottish golf courses of committing acts connected with terrorism.Seven individuals are accused of digging up turf at the prestigious Turnberry course in Ayrshire, spraying a chemical substance over the fairways and daubing red paint across the resort in the alleged incident last year.In the indictment, Scottish prosecutors said the offence of malicious mischief was “aggravated by reason of having a terrorist connection”, which could lead to…
Available for 33 daysIn May, the Chief Justice of India unwittingly gave a name to a generational protest. He called unemployed young people “cockroaches” and the mass youth movement that had begun in the wake of the sudden cancellation of a national exam took on the title – the Cockroach Janta party. But India hasn’t been the only country that has seen Gen Z – people aged between 14 and 29 – engaging in mass protests this year. It’s been happening all over the place, from Serbia to Kenya. Different grievances, different circumstances, but the same generation. So what are…
The government estimates that 20% of waste in England is illegally managed. In the Waste Crime Action Plan, external, launched under Keir Starmer’s administration, the government said the Environment Agency would step in “on an exceptional basis to clear sites where that waste presents an untenable risk to the public and the environment”.Private landowners whose land is used for illegal waste dumping are normally expected to pay for the clear-up.Last week, Prime Minister Andy Burnham announced a nationwide crackdown on waste crime and plans to clean up three more of the largest illegal tips in England.In total, six supersites have…
A view of a destroyed building of a research institute following an attack, which local Russian-installed officials called a Ukrainian strike, in Donetsk, Russian-controlled Ukraine, on August 26, 2026, amid the ongoing Russian-Ukrainian conflict.Stringer | Afp | Getty ImagesRussian forces have intensified attacks within Ukraine’s so-called “fortress belt” of industrial cities in the eastern Donetsk region, seeking to ramp up pressure on critical Ukrainian strongholds after more than four and a half years of full-scale war.Russian forces have long targeted the strategic cities of Kostyantynivka, Kramatorsk and Sloviansk as part of a push to completely capture the Donetsk Oblast, one…
The case centres on questions over clothing expenses claimed by Audrey Wales, 80, who was mayor between 2016 and 2017.The Ballymena councillor spent more than £2,300, but the council did not disclose the full cost when asked for details in an FoI request.Instead its response in 2019 said Wales had spent just £190.The entire bill was only revealed in a second FoI in 2022.In a statement in 2022, Wales said she had sent a cheque in 2019 reimbursing the council for most of the spending to stop “electorally motivated questions”.The cheque was received by Donaghy, but was never cashed.Wales, who…
