Tariffs are rarely a good idea. The imposition – or raising of tariffs – invariably invites retaliation from the country or countries whose goods or services you are targeting. They also, invariably, hurt consumers. Donald Trump‘s trade wars with China made for populist politics but ultimately pushed up prices for ordinary Americans. Worse still, they
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Wayne Lineker has spoken out about a “disturbing” incident in Ibiza which left him with “stitches and a swollen lip” after he tried “to protect a girl from being harassed”. The 62-year-old, who is the younger brother of former England footballer Gary Lineker, shared an update on Instagram after a video circulated earlier this week,
Sir Keir Starmer said he “rejects the argument” tax rises are required to rebuild public services – as he insisted there will be “no return to austerity” under a Labour government. The Number 10 hopeful told Sky’s political editor Beth Rigby that he will “properly fund” the UK’s creaking infrastructure – despite very few giveaways
Rich Cimini, ESPN Staff WriterJun 13, 2024, 06:00 AM ET Close Rich Cimini is a staff writer who covers the New York Jets and the NFL at ESPN. Rich has covered the Jets for over 30 years, joining ESPN in 2010. Rich also hosts the Flight Deck podcast. He previously was a beat writer for
A group of reality TV stars have appeared in court after being charged with being paid to promote an unauthorised investment scheme. Geordie Shore star and Celebrity Big Brother winner Scott Timlin, 36, appeared at Westminster Magistrates’ Court alongside former Love Islander Eva Zapico, 25, and The Only Way Is Essex (TOWIE) member Yazmin Oukhellou,
Demand in the housing market tailed off last month as hopes of a Bank of England rate cut faded, according to an industry report released just hours before a major housebuilder issued a profit warning. A monthly study by the Royal Institution of Chartered Surveyors’ (RICS) pointed to a drop in prices during May. At
Sir Keir Starmer has promised to “end to the desperate era of gestures and gimmicks” with a “credible” long-term plan from Labour to “rebuild our country”. There were no surprises at the party’s manifesto launch in Manchester, with the leader sticking to the “five missions” for government he set out last year – if they
An oil pumpjack is shown near the Callon Petroleum vicinity on March 27, 2024 in Monahans, Texas. Brandon Bell | Getty Images News | Getty Images The International Energy Agency said on Wednesday that a U.S.-led surge in global oil production is expected to outstrip demand growth between now and the end of the decade,
Thousands of people rallied outside Congress in Argentina’s capital of Buenos Aires to protest against a bill proposed by President Javier Milei. Senators voted 37 to 36 late on Wednesday to give their overall approval to Mr Milei’s controversial economic reform plan. If the Senate approves the articles with modifications, the lower house still has
A mockup of what Revolut’s new global HQ in Canary Wharf will look like. The firm said it plans to display its logo on two signs on the sides of the new building – mimicking legacy banks like Barclays and Citigroup. Revolut British financial technology firm Revolut announced Thursday that it’s planning to move its
Tesla tweeted news that it has two autonomous Optimus robots working at its factory, BYD announces a new, RWD hot hatch, EV sales are building towards future growth, and there’s a new, internationally recognized electric karting championship coming to the US. All this and more on today’s exciting episode of Quick Charge. And the best
Sandy Hook shooting survivors have graduated high school without 20 of their classmates. Members of Newtown High School’s class of 2024 will leave with the same mix of bittersweet feelings and excitement as many of their peers do when graduating high school in the US. However, 60 of the 300-plus cohort of kids in Newtown,
The lead singer of the Four Tops said a hospital put him in a straitjacket and ordered a psychological examination after refusing to believe that he was part of the world-famous Motown group. Alexander Morris is the current lead singer of the legendary combo after joining in 2019. After suffering from chest and breathing problems
Whether it was the audience reaction, the overwhelming verdict in a snap poll or simply the crestfallen look of the PM as he battled to defend his record, it was clear which of the two leaders had the more challenging time on Wednesday night. The Battle for Number 10 rigorously ran the rule over Keir
Labour has promised its manifesto will have “wealth creation” at its heart, ahead of the document’s launch. Sir Keir Starmer will take to the stage in Manchester on Thursday in an effort to convince the public he has the right policies to earn the keys to Number 10. The Labour leader is expected to say
Sir Keir Starmer performed best overall in the Sky News leaders’ event, a snap YouGov poll suggests. Almost two thirds – 64% – of those questioned said the Labour leader came out on top, compared to 36% who thought Prime Minister Rishi Sunak did better. The question was: leaving aside your own party preference, who
U.S. crude oil rose more than 1% Wednesday, extending this week’s rally as OPEC and the Department of Energy see steady demand this year. The Department of Energy raised its global consumption growth forecast to 1.1 million barrels per day, up from 900,000 bpd previously. The increased demand implies a supply deficit with world production
In this article ORCL Follow your favorite stocksCREATE FREE ACCOUNT Oracle chairman of the board and chief technology officer Larry Ellison delivers a keynote address during the 2019 Oracle OpenWorld on September 16, 2019 in San Francisco, California. Justin Sullivan | Getty Images Oracle shares jumped more than 10% on Wednesday, a day after the
After concluding that EVs imported from China have an unfair advantage due to government subsidies, the European Commission said it would impose additional tariffs by up to 38.1%. How will the new EU tariffs impact Chinese EV makers like BYD and NIO? Why is the EU imposing new duties on China EV imports? The EU
Fans at Taylor Swift’s Scotland concerts last weekend danced so hard they set off earthquake monitors, according to the British Geological Survey (BGS). Seismic activity was recorded up to six kilometres away during the three gigs last Friday, Saturday and Sunday at Edinburgh’s Murrayfield stadium, with some of her biggest songs causing spikes in activity