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UK-EU Deal Promises New Era of Cooperation Amid Fishing Rights Controversy

The Prime Minister, Sir Keir Starmer, has unveiled a new trade agreement with the European Union, describing it as a "win-win" that marks the "start of a new era" in UK-EU relations. The deal, announced following a summit in London on Monday, aims to reset post-Brexit relations and move beyond previous disputes. "The EU and the UK wanting to work together; all of us prepared to say, let yesterday be yesterday; we are looking forward to tomorrow," Sir Keir stated during an event at Downing Street where he welcomed UK and EU business representatives. "We are not going to litigate old arguments; we are going to go forward in the spirit of what we do togetherโ€”we do better." The wide-ranging agreement includes provisions allowing more British travelers to use passport e-gates when visiting Europe and offers farmers easier access to […]

Supreme Court Greenlights Trump Plan To Strip Status From 350000 Venezuelans
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Supreme Court Greenlights Trump Plan To Strip Status From 350000 Venezuelans

The US Supreme Court has ruled in favor of the Trump administration's bid to end deportation protections for approximately 350,000 Venezuelans living in the United States. The ruling removes a hold placed by a California judge that had preserved Temporary Protected Status (TPS) for Venezuelans whose status would have expired last month. TPS allows individuals to legally live and work in the US when their home countries are considered unsafe due to wars, natural disasters, or other "extraordinary and temporary" conditions. This decision represents a victory for President Trump, who has frequently turned to the Supreme Court to implement immigration policy changes. The administration sought to terminate protections and work permits for migrants with TPS in April 2025, significantly earlier than their originally scheduled expiration in October 2026. US government lawyers argued that the California federal court (US District Court […]

Trump Strikes Secret Peace Deal Between Putin and Ukraine That Shocked Europe
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Trump Strikes Secret Peace Deal Between Putin and Ukraine That Shocked Europe

United States President Donald Trump announced that Russia and Ukraine "will immediately start negotiations" toward a ceasefire and ending the war following a more than two-hour call with Russian President Vladimir Putin. Putin indicated that peace efforts appeared "on the right track" and confirmed Russia's readiness to work with Ukraine on a memorandum about a future peace accord. The Russian leader thanked Trump for supporting direct talks between the warring nations and acknowledged Trump's recognition of Russia's desire for peace. "We have agreed with the president of the United States that Russia will propose and is ready to work with the Ukrainian side on a memorandum on a possible future peace accord, defining a number of positions, such as, for example, the principles of settlement, the timing of a possible peace agreement," Putin told reporters near Sochi. He suggested appropriate […]

US Aid Plan For Gaza Crumbles As UN Rejects Non-Neutral Distribution Scheme
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US Aid Plan For Gaza Crumbles As UN Rejects Non-Neutral Distribution Scheme

The United Nations has refused to participate in a US-backed humanitarian operation in Gaza, stating the plan fails to meet fundamental humanitarian principles of impartiality, neutrality and independence. "This particular distribution plan does not accord with our basic principles, including those of impartiality, neutrality, and independence, and we will not be participating in this," deputy UN spokesperson Farhan Haq told reporters on Thursday. The Gaza Humanitarian Foundation, backed by the United States, is scheduled to begin operations in Gaza by late May. However, the initiative has faced significant criticism, with UN aid chief Tom Fletcher describing it as a "fig leaf for further violence and displacement" of Palestinians. During a press conference in Turkey, US Secretary of State Marco Rubio acknowledged these concerns while defending the initiative's intent. "We're not immune or in any way insensitive to the suffering of […]

Trump Challenges Birthright Citizenship at Supreme Court While Judges Fight Over Power
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Trump Challenges Birthright Citizenship at Supreme Court While Judges Fight Over Power

US President Donald Trump brought his battle against birthright citizenship to the Supreme Court Thursday, in a case that could significantly expand presidential powers and reshape immigration policy. The central question before the justices is whether lower court judges should have the authority to block presidential orders nationwideโ€”a power that has temporarily halted Trump's attempt to end automatic citizenship for children of undocumented immigrants. The Supreme Court's decision could determine how effectively Trump can implement his agenda through executive actions with limited judicial oversight. During the two-hour hearing, US Solicitor General D. John Sauer argued that lower courts exceeded their authority by issuing nationwide injunctions against the citizenship order. He claimed the current system forces judges to make "rushed, high-stakes, low-information decisions" and suggested class-action lawsuits as an alternative, though opponents noted this process is time-consuming and inadequate for emergencies. […]

Trump Declares Only He Can Unlock Ukraine Peace Deal With Putin
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Trump Declares Only He Can Unlock Ukraine Peace Deal With Putin

Top US diplomat Marco Rubio expressed low expectations for Ukraine-Russia peace talks scheduled in Turkey, stating a breakthrough would require direct interaction between Donald Trump and Vladimir Putin. "I don't think we're going to have a breakthrough here until President Trump and President Putin interact directly on this topic," Rubio said following a NATO foreign ministers meeting in southern Turkey. Ukrainian President Volodymyr Zelensky confirmed Ukraine would participate in the Istanbul talks but criticized Russia's "low-level" delegation, calling it disrespectful to both Trump and Turkish President Erdogan. "No time of the meeting, no agenda, no high-level of delegation - this is personal disrespect to Erdogan, to Trump," Zelensky stated after meeting Erdogan in Ankara. The Russian delegation is headed by presidential aide Vladimir Medinsky, who maintained his team had "all the necessary competencies" and viewed the talks as a "continuation" […]

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Rising UK Party Reform in Turmoil After MP Cleared of Threats Against Chairman

British prosecutors have decided not to bring charges against former Reform UK lawmaker Rupert Lowe regarding allegations that he threatened the party's chairman with physical violence. Reform UK, the right-wing party led by Brexit campaigner Nigel Farage, currently has five MPs but has recently surpassed Prime Minister Keir Starmer's Labour Party in opinion polls, becoming Britain's most popular political party according to recent surveys. However, the party has been experiencing internal divisions. Lowe has questioned Farage's leadership abilities, while American billionaire Elon Musk suggested that Lowe should replace Farage as party leader. In March, Reform UK referred Lowe to police, claiming he had made threats against party chairman Zia Yusuf. The party also stated it had received complaints from two female employees in Lowe's parliamentary office alleging serious bullying. Lowe maintained these allegations were "untrue and false." On Wednesday, Britain's […]

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Bank of England’s Mann Explains Decision to Keep Interest Rates Steady

Bank of England interest rate-setter Catherine Mann revealed she voted to maintain current borrowing costs last week, despite previously advocating for a substantial 50-basis point cut in February, because the UK labor market has demonstrated greater resilience than anticipated. "The first observation is that the labor market has been more resilient. Now, yes, we've had some prints that are indicative of a slowing labor market, but it is not a non-linear adjustment," Mann explained during a CNBC television interview on Wednesday. Data released Tuesday showed a decline in employment, though economists characterized the decrease as relatively modest. Mann additionally expressed concern about rising household inflation expectations and goods price inflation. The Bank of England reduced its benchmark Bank Rate by a quarter percentage point on May 8, a decision supported by five of the nine members on the Monetary Policy […]

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UK Pension Giants Commit ยฃ50 Billion to Private Investments in Growth Push

British pension funds pledged on Tuesday to invest up to 50 billion pounds ($66 billion) of additional capital into UK businesses and infrastructure as the government seeks to leverage private capital for public projects and economic growth. Seventeen investment firms, including Aviva, Legal & General, and M&G, committed to allocating up to 10% of their pension portfolios to infrastructure, property, and private equity by 2030. Half of this investment will be specifically directed toward UK assets. Millions of workplace pension scheme members will see their savings increasingly directed toward higher-risk, potentially higher-return assets such as early-stage businesses and green energy projects, alongside traditional investments in stocks and bonds. These pension fund managers will now compete directly with private equity and specialist investment firms in a market that investment data firm Preqin projects will exceed $30 trillion by 2030. Chancellor of […]

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UK Labor Market Shows Signs of Cooling as Employment and Vacancies Fall

Britain's jobs market continued to cool last month, according to data revealing the impact of employer tax increases and Donald Trump's trade tariffs. The figures will likely reassure the Bank of England that inflation pressures are diminishing. Provisional tax office data released Tuesday showed employee numbers fell by nearly 33,000 in April following a 47,000 drop in March. Job vacancies declined further below pre-pandemic levels, decreasing by 42,000 - the largest drop in over a year - in the three months to April, reaching 761,000. Average weekly earnings, excluding bonuses, increased by 5.6% from January to March compared to the same period last year, according to the Office for National Statistics. This marks the slowest growth rate since the three months to November. Economists polled by Reuters had forecast regular wage growth of 5.7%. The pound and financial market expectations […]

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