Author: franperez66q@protonmail.com
Andrei Fedorov, an adviser to the Kremlin, says there might be a “semi-military” response against UK drone factories by “unknown sources” over the sharing of blueprints for British-made cruise missile components.His comments on BBC Newsnight come as UK Prime Minister Andy Burnham says he plans to travel to the US next month with European leaders to lobby US President Trump on Ukraine’s defence needs. He said that while the details were not “fully confirmed”, it is “likely” he will go. The trip would be his first to the US since becoming prime minister in July. “Leaving today, I’m quite clear…
Andy Burnham has refused to rule out tax rises in the upcoming autumn Budget, saying he “won’t be unrealistic” about the “challenging” state of public finances.The prime minister said he would take a “careful approach” to the economy, and defended his previously announced cost of living pledges as funded spending commitments.Burnham became prime minister in July promising to give people breathing space and help with the cost of living, but questions remain over how major policies such as social care reforms will be funded.Experts have previously warned that he and Chancellor John Healey will have little financial room to manoeuvre…
A man holds the Iranian toman equivalent of 1 USD as US dollars selling rate on the free market reaches an all-time high, hitting the 200,000 toman mark in Tehran, Iran on Aug. 24, 2026. Fatemeh Bahrami | Anadolu | Getty ImagesThe U.S. announced an “economic D-Day” campaign Monday to isolate Iran from the global economy, threatening penalties against “enablers” that continue doing business with Tehran.The move is part of Washington’s bid to sever the trade lifeline that has sustained Tehran’s economy through nearly six months of war. Skepticism persists over whether the Trump administration will follow through, but the…
Sembach, a family-run ceramics company based in Bavaria, has been making parts for the auto industry since the 1970s, including sensors used in combustion engines.But with an end to fossil fuel-powered cars coming into view and Europe’s car manufacturers under increasing pressure from Chinese electric-vehicle makers, Sembach is making a pivot from motors to medical tech. “We’re currently witnessing a shift,” said Anna Sembach, the 35-year-old chief executive of the family business and its founder’s great-great-granddaughter. “You can really see that production volumes, especially in the European market, have dropped significantly.” The company, based in Lauf an der Pegnitz near…
This article is part of FT Globetrotter’s guide to EdinburghAmong the many pleasures of travelling in Scotland, few leave a more lasting impression than coming across a striking view of one of the nation’s venerable castles and delving into its rich history. And there is nothing like a nice swim in Scotland’s clear waters to make a day even more memorable. Fortunately from my base in Edinburgh, it is easy to combine all three pleasures.Some content could not load. Check your internet connection or browser settings.Many of Scotland’s finest castles are built on the scenic shores of its lochs, rivers…
M Squared Lasers – the Glasgow technology firm was hailed by Nicola Sturgeon as “a great example of the ambitious and innovative companies we have here in Scotland” when the national investment bank was launched in 2020. It went into administration in 2025 with debts of £64mTrojan Energy – the Aberdeen-based electric vehicle charging firm collapsed into administration with debt of almost £30m last yearKrucial – the Glasgow-based start-up, which specialised in satellite technology, folded last year. Orbex – set up to run a planned satellite launch facility in the north-west Highlands, the company is to be liquidated and its…
Los Angeles Dodgers chairman Mark Walter during a press conference at Dodger Stadium in Los Angeles, March 25, 2026.Keith Birmingham | MediaNews Group | Pasadena Star-News | Getty ImagesTWG Global has tapped veteran Goldman Sachs lawyer David Markowitz to be its chief legal officer, as federal investigators probe how two insurers that are part of TWG CEO Mark Walter’s sprawling business empire classified loans to companies the billionaire controls.Markowitz, while at Goldman, was a major player in the team that negotiated settlements worth billions of dollars to resolve the corruption scandal involving Goldman and its Malaysian subsidiary in connection with…
In the 1950s, councils were building almost 200,000 new council homes a year, but half of councils do not currently own or build their own homes.In 2024-25, there were just over 12,000 homes built for social rent – the highest since 2013 -14, but organisations like the National Housing Federation and homeless charities have previously agreed that at least 90,000 social homes would need to be built each year to meet demand.Social housing provides affordable homes at a low cost, managed by social landlords. It includes affordable rented properties as well as low-cost home ownership, such as shared ownership, and…
Jeffrey Frankel is Harpel Professor of Capital Formation and Growth at Harvard University’s Kennedy School of Government. He is a Research Associate of he National Bureau of Economic Research, where he is also a member of the Business Cycle Dating Committee, which officially declares recessions. Appointed to the Council of Economic Advisers by President Clinton in 1996 and subsequently confirmed by the Senate, he served until 1999. His responsibilities as Member included international economics, macroeconomics, and the environment. Before moving East, he had been professor of economics at the University of California, Berkeley, having joined the faculty in 1979. Other…
A voter drops their ballot at an official ballot drop box inside City Hall during a primary election in San Francisco, California, US, on Tuesday, June 2, 2026. David Paul Morris | Bloomberg | Getty ImagesThe Supreme Court on Monday sided with President Donald Trump for now in his effort to impose sweeping new restrictions on distributing mail ballots, putting on hold a lower-court ruling that had blocked key parts of the plan ahead of November’s midterm elections.The justices, over three dissents, paused a ruling by U.S. District Judge Indira Talwani in Boston that prevented the Trump administration from carrying…