Syria is the climax in the long battle over the soul of American foreign policy October 28, 2019 In defying the American foreign policy establishment, I once wrote a book that cost me my job. In 2006, in response to the looming debacle in Iraq, the British thinker Anatol Lieven and I wrote Ethical Realism. It was a broadside castigating the brain-dead, pro-interventionist intellectual sameness of the US foreign policy establishment, and the [...]
US authorities file criminal charges against Huawei for defrauding banks and corporate espionage January 28, 2019 The US Department of Justice has filed criminal charges against China's largest smartphone maker Huawei, alleging the firm stole trade secrets from US rival T-Mobile and defrauded banks into violating sanctions against Iran. In a 13-count indictment, US prosecutors alleged Huawei, two of its affiliated companies and its chief financial officer committed wire fraud, obstruction [...]
European stock markets fall as oil worries shake investors September 16, 2019 European stock markets have fallen this morning as investors sell so-called risk assets following a severe spike in the price of oil due to a drone attack on a Saudi Arabian facility. Read more: Saudi Arabia oil facilities engulfed in flames after drone attacks The attack, believed to have been carried out by Yemen’s Houthi [...]
Petrol prices to increase by 2p over next two weeks after Trump announcement to reimpose Iran sanctions May 10, 2018 Petrol prices are expected to rise by 2p over the next two weeks following President Donald Trump’s decision to pull out of the Iran nuclear deal on Tuesday. Last month petrol prices grew by 3p, according to the RAC, and the trend seems to continue as oil prices are expected to grow in the coming [...]
Standard Chartered hikes profits despite US-China trade war impact August 1, 2019 Standard Chartered boosted profits in the first six months of 2019, but warned of the impact of the US-China trade war on global market sentiment. Read more: MPs turn up the heat on Standard Chartered boss in pension pay row The figures Underlying profit before tax increased 11 per cent year on year to $2.6bn [...]
Trump withdraws from Iran deal: EU mulls retaliation as part of measures to protect European businesses from sanctions May 9, 2018 The European Union is mulling action including counter-measures against the US in a bid to protect firms doing business with Tehran from the threat of sanctions following Donald Trump’s withdrawal from the Iran nuclear deal. Last night Trump described the deal, signed by his predecessor President Obama and the other permanent members of the UN [...]
Oil prices pushed up higher after Donald Trump’s Iran bombshell as UK, Germany and France urge rethink May 9, 2018 Oil prices rose more than two per cent this morning, in the wake of Donald Trump’s decision to withdraw from the Iran nuclear deal. Speaking from the White House last night, the US President said he believed there was no way to “prevent an Iranian nuclear bomb under the decaying, rotten structure of the current [...]
May’s team in row over press freedom after Cabinet leak threat July 14, 2019 Prime Minister Theresa May and her top officials have been dragged into a bitter row over the freedom of the press after the Metropolitan Police warned journalists could be prosecuted for publishing diplomatic leaks. The Cabinet Office last week called in Met Police assistant commissioner Neil Basu, who issued a warning to the media that [...]
Michael Gove ‘deeply regrets’ cocaine ‘mistake’ June 8, 2019 Tory leadership candidate Michael Gove has said he “deeply regrets” taking cocaine while working as a journalist more than 20 years ago. Speaking to the Daily Mail, he said he had taken the Class A drug at several “social events” during his days as a reporter. Read more: Johnson’s leadership campaign receives £50,000 from CMC [...]
Saudi shopping centre owner looking to raise up to $836m in float April 28, 2019 Saudi Arabia’s largest shopping centre owner is hoping to raise as much as $836m (£647m) in what is set to be the Kingdom’s largest stock exchange listing in five years. Read more: Saudis will not ramp up production to offset US-Iran sanctions Arabian Centres, which currently owns and operates 19 malls in Saudi Arabia, is seeking [...]