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Trump Promises 100% Tariffs on BRICS Nations in Currency Dispute
Global markets face renewed uncertainty as former US President Donald Trump has issued stark warnings to BRICS nations regarding potential currency initiatives. In a dramatic proclamation on his Truth Social platform, Trump threatened to…
Trumps New Treasury Pick The Billionaire Who Once Broke The Bank of England
Scott Bessent, the 62-year-old billionaire hedge fund investor set to become the US Treasury secretary under president-elect Donald Trump, brings a remarkable history of market-moving prowess to one of the world's most powerful economic…
BAE Systems Shares Plunge 2bn as Musk Efficiency Drive Sparks Defence Spending Concerns
British defence giant BAE Systems witnessed a staggering £2 billion market value erosion as investors reacted to concerns over Elon Musk's proposed government efficiency programme, which could potentially impact US military spending.
The…
Bank of England Signals Alarm Over Global Trade War and Financial System Risks
The Bank of England has issued stark warnings about mounting risks to the UK's financial system, citing concerns over potential trade wars, geopolitical instability, and rising government debt burdens. The UK's position as an open economy…
Gold Price Set to Soar to Record Breaking $3000 Dollars per Ounce by 2025 Says Goldman Sachs
Goldman Sachs, the prestigious Wall Street investment bank, has forecast gold prices could reach an unprecedented $3,000 per ounce by December 2025, citing increased central bank demand and anticipated US interest rate cuts as primary…
How Britain Should Respond to Donald Trumps Global Trade Tariff Threat
The looming spectre of Donald Trump's proposed global tariffs presents a significant challenge for British trade policy. The former president's campaign promise to implement sweeping tariffs of 10-20% on all imports, including those from…
RWE Slashes €55bn Euro Renewable Energy Investment Plans Following Trump Victory Prospects
German power giant RWE has announced a significant scaling back of its €55bn renewable energy investment strategy, marking a pivotal shift in response to Donald Trump's potential return to the US presidency. The company, amongst Europe's…
Trump Secures Full Congressional Control as Republicans Clinch House Victory
Republicans have secured a majority in the House of Representatives, delivering Donald Trump's party complete control of both chambers of the US Congress and broad authority to advance a transformative legislative agenda.
Democratic…
US Oil Sector Anticipates Regulatory Relief Under Trump Leadership
The American oil industry stands poised for significant changes as Donald Trump's electoral victory signals a potential wave of deregulation, though experts suggest production surges may remain constrained by Wall Street's demands for…
Taiwan Mulls Significant Defence Package to Curry Favour with Trump Administration
Taiwan is contemplating a substantial military procurement package from the United States, signalling its commitment to bolstering defences against China as Donald Trump potentially returns to office. The proposed acquisitions include the…
Global Consumer Price Anger Creates Political Storm Across Advanced Nations
Political leaders across developed economies are grappling with persistent public discontent over high prices, despite inflation rates returning to normal levels. The unprecedented surge in living costs has created a toxic legacy that…
Elon Musk Set To Reap Massive Benefits From Trumps Return To Power
The world's wealthiest individual, Elon Musk, stands poised to capitalise significantly on Donald Trump's presidential victory. The Tesla CEO's substantial political investment of over $100 million in Trump's campaign appears to be yielding…
Trump Victory Sends Global Markets Into Strategic Repositioning Mode
Financial markets responded decisively to Donald Trump's comfortable victory in the US presidential election, with swift movements across asset classes signalling investors' expectations of significant policy shifts ahead.
The immediate…
Fed Set To Cut Interest Rates By Quarter Point Despite US Election Uncertainty
The Federal Reserve appears ready to implement a quarter-point reduction in its benchmark policy rate next week, maintaining its strategic direction despite a skewed employment report and clouded economic policy outlook surrounding the…
Trump and Harris Locked in Fierce Battle as US Presidential Race Enters Final Hours
In a dramatic culmination of the US presidential race, Donald Trump has intensified his confrontational rhetoric while Kamala Harris maintains an optimistic message as both candidates traverse crucial battleground states in the campaign's…
Bitcoin Surges Past £72000 As Markets Price In Trump Victory Prospects
Bitcoin has climbed to remarkable heights, reaching £72,784.40 in New York trading on Tuesday, marking a six-month peak as investors increasingly align their positions with potential US election outcomes. The cryptocurrency's movement…
Look to Russia and China for the real reason why gold prices are soaring
A retailer is rare even in this exclusive district of London's St James's Street. Among the gentleman's clubs, shops that sell top-end cigars and shotguns are a number of retailers who have specialized in selling these items.
Sharps…
The average partner pay in top US law firms has risen to a record $1,4 million
According to a major survey, partners at large US law firms earn more than ever. The average compensation is $1.4mn.
Major, Lindsey & Africa, a recruitment specialist, surveyed 200 of the top lawyers in the country and found that the…