German defence minister confirms US car tariff threat over Iran January 16, 2020 Germany’s defence minister has confirmed that the US is threatening to impose new tariffs on European car exports if they continue to support the Iranian nuclear deal. Yesterday, Washington Post cited European sources as saying the Trump administration was threatening a 25 per cent levy on cars made in the UK, Germany and France, over [...]
Donald Trump proved the doubters wrong and got it right on Iran with Qassem Soleimani January 16, 2020 When the Middle East crisis broke at the start of this year, many outcomes were predicted by a panicked commentariat in response to the US drone strike on Iran’s terrorist-in-chief, Qassem Soleimani. The various theories peddled by such observers fell into two broad camps: that war would inevitably result, or that the west would suffer [...]
UK, France and Germany trigger dispute mechanism over Iran nuclear deal January 14, 2020 The UK, France and Germany have triggered a dispute mechanism over the nuclear deal with Iran, amid fears that the country is slipping back towards developing weapons. Iran has suspended all limits on its production of enriched uranium, which can be used to make reactor fuel but also nuclear weapons. City A.M. understands that officials [...]
Barrelling towards conflict: How the oil market reacted to Iran-US tensions January 14, 2020 For good or ill, oil remains the lifeblood of the global economy. It is essential to industrial production, to how we transport goods (as well as ourselves) around the world, and how we heat our homes and generally go about our everyday lives. Rising oil prices can therefore act as a handbrake on global growth, [...]
Iran protesters take to streets for third day after shooting down of plane January 13, 2020 Protesters have taken to the streets of Iran for a third day running, as outage over the authorities’ admission it accidentally shot down a Ukranian airliner, despite repeated denials that Iranian forces were responsible. Demonstrations in the country began on Saturday following the Iranian military’s admission that it had mistakenly shot down the plane, killing [...]
Jude Bellingham and the midfield problem England must solve before the World Cup September 23, 2022 Avoiding relegation to the second tier of the Nations League may be the obvious target for England in their matches with Italy, tonight, and Germany, on Monday, but Gareth Southgate could be forgiven for having other priorities. Less than two months out from the World Cup, the Three Lions manager faces a midfield conundrum that, [...]
Oil settles around $90 amid looming expectations of US interest rate hikes February 11, 2022 Oil prices are hovering at around $90 per barrel on both major benchmarks amid concerns over aggressive US interest rate hikes.
Recording shows Iran immediately knew it had shot down plane, says Ukrainian president February 3, 2020 A leaked audio recording of a pilot talking to Tehran’s control tower shows that Iran immediately knew it had shot down a Ukranian airliner last month, Ukranian President Volodymyr Zelenskiy said. On a leaked recording played on Ukranian television late yesterday, the pilot of another plane can be heard saying he saw “the light of [...]
US says threat of ‘imminent attack’ triggered air strikes against Iran January 3, 2020 US secretary of state Mike Pompeo has claimed that the assassination of Iranian general Qassem Soleimani was carried out to prevent an “imminent attack” that would have endangered US citizens in the region. Speaking to CNN and Fox News, Pompeo said that the attack was based on an “intelligence based assessment”, but refused to say [...]
FTSE 100 today: London markets brace for quiet session ahead of US inflation data, Q1 earnings April 9, 2024 US stocks closed mixed, while Asian markets climbed. Oil prices rose, and most Asian currencies weakened against the dollar. Precious metals surged. Investors are now focusing on upcoming US inflation data and Federal Reserve minutes following a strong March jobs report.