US and UK central banks expected to keep interest rates on hold amid Iran peace deal pred 2 urama in 13 minutami Federal Reserve to make first decision under Kevin Warsh as Middle East hopes ease inflation pressuresBusiness live – latest updatesCentral banks in the US and UK are expected to leave interest rates on hold this week as the peace deal in the Middle East is expected to ease inflationary pressures.The US Federal Reserve is expected to hold its benchmark interest rate at a range of 3.5% to 3.75% on Thursday, in what will be the first policy decision under new Fed chair – and Donald Trump’s pick – Kevin Warsh. Continue reading...(The Guardian)
Backlash against ‘short-termist’ UK plans to weaken EV sales targets pred 2 urama in 16 minutami Charging industry and electric vehicle manufacturers say measure could cost jobs and harm UK automotive sectorThe UK government’s plans to further weaken electric car targets have provoked a furious backlash from the charging industry and the electric car brand Polestar, which would lose out from the changes.The Labour government is expected to dilute rules known as the zero emission vehicle (ZEV) mandate. Government sources have said it will reduce a target for pure electric cars from 80% of all sales by 2030 to 50%. Continue reading...(The Guardian)
Fighter at Donald Trump’s White House UFC event smears Michelle Obama during interview – US politics live pred 2 urama in 22 minutami Josh Hokit gave rambling post-fight interview veering from praising the president to religion and repeating false conspiracy claim about former first ladySign up for the Breaking News US emailRepublican senator Lindsey Graham, a leading Iran hawk, welcomed news of the US-Iran deal but remained deeply skeptical amid the lack of details about the content of the agreement.“I am pleased to hear the memorandum of understanding with Iran to allow the Strait of Hormuz to open has been agreed to,” Graham wrote in a post on X, but added: “I am somewhat concerned that Iran’s view of the agreement seems different than what the American negotiating team is claiming. Continue reading...(The Guardian)
Arrests made as court rules Palestine Action ban was lawful pred 2 urama in 25 minutami The ban, which began on July 5 last year, made membership of, or support for, the direct action group a criminal offence punishable by up to 14 years in prison(London News)
UK’s oldest Indian restaurant takes crown estate to court over theatened eviction pred 2 urama in 29 minutami Michelin-starred Veeraswamy faces closure as King Charles’s property developer refuses to renew its leaseThe UK’s oldest Indian restaurant will be taking the crown estate to court this month as it faces eviction.Veeraswamy has been serving up curries on Regent Street in London for a century, but now faces closure as the property portfolio owned by King Charles has refused to renew its lease. Continue reading...(The Guardian)
