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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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UK Prime Minister’s Shocking 10-Year Citizenship Plan Sparks National Debate

UK Prime Minister Keir Starmer announced major immigration reforms to significantly reduce net migration over the next four years. The new policies include stricter English language requirements, extended citizenship waiting periods, and limitations on foreign recruitment. Under the proposed changes, immigrants must wait 10 years instead of five before applying for citizenship. The reforms also restrict skilled worker visas to graduate-level positions and limit companies' ability to hire from abroad, including in the care sector. The announcement comes as net migration reached 906,000 in the year to June 2023, compared to 184,000 in 2019 when Britain was still in the European Union. This surge was partly due to increased arrivals from Ukraine, Hong Kong, and foreign students. Starmer defended the reforms against business concerns about economic impact, citing recent years' stagnant growth despite high immigration. While avoiding specific numerical targets, […]

Trump Threatens Military Strike As US Iran Nuclear Talks Resume In Secret Oman Meeting
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Trump Threatens Military Strike As US Iran Nuclear Talks Resume In Secret Oman Meeting

A fourth round of discussions between the United States and Iran regarding Tehran's nuclear program has concluded in Oman, with both parties agreeing to continue negotiations. US Middle East Envoy Steve Witkoff characterized the Muscat talks as encouraging, while Iranian Foreign Minister Abbas Araghchi described them as "difficult but useful." The United States maintains that Iran must abandon its uranium enrichment to prevent nuclear weapons development, though Tehran consistently denies having such intentions. On Sunday, Iran again emphasized it would not relinquish its enrichment program. Former President Donald Trump withdrew from a previous nuclear agreement between Iran and five world powers in 2018. He has recently warned of potential military action against Iranian nuclear facilities should the current negotiations, which began in April, fail to produce results. Prior to the Muscat meeting, two negotiation rounds were held in the Omani […]

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US and UK Reach Limited Trade Deal While 10% Tariffs Remain

President Donald Trump and British Prime Minister Keir Starmer announced a limited bilateral trade agreement on Thursday that maintains Trump's 10% tariffs on British exports while expanding agricultural access and reducing steep US duties on British automobile exports. The "general terms" agreement marks the first of numerous tariff-adjusting deals Trump expects to finalize in the coming weeks. It follows his implementation of new import taxes aimed at addressing the $1.2 trillion US goods trade deficit. Trump celebrated the deal in the Oval Office with Starmer connected via speakerphone. US Treasury Secretary Scott Bessent and chief trade negotiator Jamieson Greer prepared to launch negotiations with Chinese officials in Switzerland. Trump emphasized that Britain "made a good deal" but cautioned that other trading partners might face higher final tariffs due to their large US trade surpluses. "It opens up a tremendous market […]

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Robert Prevost’s Unexpected Path to the Papacy

Tonight, from the Vatican, a stunning development that will reverberate across the Catholic world. The College of Cardinals, in a move that has surprised many, has reportedly chosen Robert Prevost as the successor to the papacy. A figure perhaps less known on the global stage than some of the speculated frontrunners, Robert Prevost's ascent marks a potentially significant turning point for the Church. Robert Prevost, an American prelate who has been serving as the Prefect of the Dicastery for Bishops, a crucial Vatican department responsible for recommending candidates for bishoprics worldwide, is now poised to take on the monumental task of leading over a billion Catholics. His background, notably his long service as a missionary in Latin America, particularly in Peru, offers a compelling narrative of a life dedicated to the pastoral needs of the faithful in the developing world. […]

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US and Britain Set to Announce Historic Tariff Reduction Deal

The United States and Britain are preparing to announce an agreement to lower tariffs on certain goods on Thursday, marking the first such deal since President Donald Trump implemented worldwide tariffs. Trump announced on Truth Social that he would hold an Oval Office news conference at 10 a.m. EDT Thursday regarding a "major trade deal with representatives of a big and highly respected country." A spokesperson for British Prime Minister Keir Starmer confirmed he would provide an update on US-UK trade discussions later Thursday. Sources familiar with the negotiations indicated the framework of an agreement would be announced. "The United States is an indispensable ally for both our economic and national security," a Downing Street spokesperson stated. "Talks on a deal between our countries have been continuing at pace, and the Prime Minister will update later today." A British official […]

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Europe Commemorates 80th Anniversary of VE Day Amid Shifting Security Landscape

Solemn ceremonies will be held at war memorials across France on Thursday as the country marks the 80th anniversary of Victory in Europe (VE) Day, observed as a public holiday there annually. In Paris, President Emmanuel Macron will lay a wreath at Charles de Gaulle's statue, walk up the Champs-ร‰lysรฉes to the Arc de Triomphe, rekindle the eternal flame at the tomb of the Unknown Warrior, and inspect troops. The ceremony will include a minute's silence, a rendition of the Marseillaise, a speech from Macron on "the values that triumphed in 1945," military bands from six countries, a parade of French armed forces personnel, flags, wartime vehicles, re-enactors, and a flypast. However, France is among the relatively few European countries marking VE Day with such an elaborate ceremony. Some commemorate it more modestly without a public holiday; others call it […]

Trump Strikes Ceasefire Deal While Houthis Pledge Continued Attacks Against Israel
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Trump Strikes Ceasefire Deal While Houthis Pledge Continued Attacks Against Israel

Yemen's Houthi chief negotiator, Mohammed Abdulsalam, has clarified that their ceasefire agreement with the United States excludes operations against Israel. Abdulsalam told Reuters on Wednesday that attacking Israel was not included "in any way, shape or form" in the Oman-mediated deal. This announcement came shortly after Israeli warplanes struck Yemen's Sanaa airport, causing approximately $500 million in damage according to airport director Khaled al-Shaief. The ceasefire was announced Tuesday by US President Donald Trump, who declared that attacks on Yemen would cease immediately after the Houthis agreed to stop targeting vessels in the Red Sea. Omani Foreign Minister Badr Albusaidi confirmed the agreement, stating that "following recent discussions and contacts... with the aim of de-escalation, efforts have resulted in a ceasefire agreement between the two sides." The deal specifies that "neither side will target the other... ensuring freedom of navigation […]

US and Houthi Rebels Strike Red Sea Ceasefire Deal After Months of Ship Attacks
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US and Houthi Rebels Strike Red Sea Ceasefire Deal After Months of Ship Attacks

Yemen's Houthi rebels have announced a ceasefire agreement with the United States, pledging to uphold the truce if Washington reciprocates, according to the group's spokesperson. "The U.S. interfered to support the Israeli entity by attacking Yemen. So, if they stop their aggression, we will stop responding," Houthi spokesman Mohamed Abdel-Salam told al-Masirah TV on Tuesday evening. He added a stark warning: "If the U.S. does not abide by the agreement in any way, the response will be fatal." Abdel-Salam revealed that negotiations with Oman, acting as mediator, had been underway for weeks prior to the announcement. Oman confirmed that both parties had agreed to cease hostilities, including Houthi strikes on U.S. vessels traversing the Red Sea. Despite this agreement, the Houthi spokesman emphasized that their support for Gaza would continue uninterrupted, stating that any deal with the United States would […]

Trump Administration Opens Trade Talks With China As New Tariffs Spark Global Concern
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Trump Administration Opens Trade Talks With China As New Tariffs Spark Global Concern

US and Chinese officials are preparing for talks this week aimed at reducing tensions in an escalating trade war between the world's two largest economies. Chinese Vice Premier He Lifeng will participate in discussions in Switzerland from May 9-12, according to China's Ministry of Foreign Affairs. Treasury Secretary Scott Bessent and US Trade Representative Jamieson Greer will lead the US delegation. Since President Donald Trump's return to office, his administration has imposed tariffs up to 145% on Chinese imports. Beijing has responded with retaliatory duties of up to 125% on certain US goods. Global trade experts caution that negotiations could extend for several months. This meeting represents the first high-level engagement between the two nations since Chinese Vice-President Han Zheng attended Trump's January inauguration. Treasury Secretary Bessent expressed optimism about rebalancing the international economic system to better serve American interests. […]

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