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Getty Images The chancellor has earmarked several billion pounds in draft spending cuts to welfare and other government departments ahead of the Spring Statement. The Treasury will put the proposed cuts to the government’s official forecaster, the Office for Budget Responsibility (OBR), on Wednesday amid expectations the chancellor’s financial buffer has been wiped out. Sources
A cab driver of Pakistani origin played an important role in blocking the vehicle that deliberately crashed into people in the southwestern German city of Mannheim and killed at least two, the mayor of the city said on Tuesday. Christian Specht, the mayor, is a politician of the center-rightChristian Democratic Union (CDU), the party that came out
Futures higher, Lutnick on tariffs, ISM services PMI ahead – what’s moving markets Investing.com Dow Jones Futures Rise After Market Whipsaws Lower; Trump Says Tariff ‘Disturbance’ OK Investor’s Business Daily After a tough Tuesday, markets gained on a positive tariffs signal from Trump’s commerce secretary Business Insider Stocks Stage Relief Rally After Tariff-Led Swings: Markets Wrap Bloomberg
Australian Dollar (AUD) could strengthen further vs US Dollar (USD); any advance is likely part of a higher range of 0.6230/0.6285. In the longer run, momentum is slowing, and the likelihood of further declines is diminishing; a breach of 0.6285 would indicate stabilisation, UOB Group’s FX analysts Quek Ser Leang and Peter Chia note. Likelihood
A Shiba Inu community figure highlighted 10 compelling reasons why BlackRock and Grayscale should consider launching a SHIB ETF. The quest to convince top asset managers to launch a Shiba Inu ETF in the U.S. has gained momentum. This campaign intensified recently, with top community members calling on asset managers to consider SHIB for an
EU to Trump on tariffs: Go ahead, make our day. Brussels threatens to use its trade bazooka after President Donald Trump says the European Union was created to “screw” America. Feb 28 5 mins read France likens EU plans to save its industry to paltry ‘homeopathic remedies’ Paris doesn’t think the Clean Industrial Deal is
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On Monday night, an Israeli flag was hoisted in southern Syria. That’s unusual, to say the least. Even though there was an uneasy, decades-long detente behind the scenes between the Assad regime, Syria’s former dictatorial government, and the Israeli government, the two nations mostly consider one another hostile. Shortly after the Israeli flag was raised at
The chancellor has earmarked several billion pounds in draft spending cuts to welfare and other government departments ahead of the Spring Statement. The Treasury will put the proposed cuts to the government’s official forecaster, the Office for Budget Responsibility (OBR), on Wednesday amid expectations the chancellor’s financial buffer has been wiped out. Sources said “the