LONDON (AP) — A British financial trader, who has been described as the ringleader in the manipulation of a key interest rate before and after the global financial crisis, lost his appeal Wednesday to have his conviction quashed. Tom Hayes, 44, who was a former trader at U.S. bank Citigroup and Switzerland’s UBS, became in 2015 the first person to …
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The UK is stepping up lawmakers’ security as tensions flare over the Israel-Hamas war
LONDON (AP) — The British government said Wednesday that it is stepping up security for lawmakers after politicians reported threats and intimidation connected to the Israel-Hamas war. The Home Office said a 31 million-pound ($40 million) fund will give every lawmaker a “dedicated named police contact” and provide money for those facing threats to pay for private security protection. The …
Read More »UK and EU agree to cooperate on tackling illegal immigration as post-Brexit relations thaw further
LONDON (AP) — Britain and its former partners in the European Union have struck a deal to cooperate more on tackling illegal migration, in the latest sign of a thawing in relations between the two sides following Brexit. The British government said in a statement Friday that U.K. border agencies and Frontex, the EU’s border and coast guard agency, will …
Read More »WikiLeaks founder Assange may be near the end of his long fight to stay out of the US
LONDON (AP) — WikiLeaks founder Julian Assange’s fight to avoid facing spying charges in the United States may be nearing an end following a protracted legal saga in the U.K. that included seven years of self-exile inside a foreign embassy and five years in prison. Assange faces what could be his final court hearing in London starting Tuesday as he …
Read More »Russia and China clash with US and UK over attacks on Yemen rebels for strikes on Red Sea ships
UNITED NATIONS (AP) — Russia and China on Wednesday accused the United States and Britain of illegally attacking military sites used by Yemen’s Houthi rebels to launch missiles at commercial vessels in the Red Sea, disrupting global shipping. U.S. deputy ambassador Robert Wood and UK Ambassador Barbara Woodward countered that the Houthi attacks are illegal, and their “proportionate and legal …
Read More »Recession has struck some of the world’s top economies. The US keeps defying expectations
NEW YORK (AP) — As some of the world’s biggest economies stumble into recession, the United States keeps chugging along. Both Japan and the United Kingdom said Thursday their economies likely weakened during the final three months of 2023. For each, it would be the second straight quarter that’s happened, which fits one lay definition for a recession. Yet in …
Read More »Britain’s Labour Party is watering down a green investment pledge. Environmentalists are unimpressed
LONDON (AP) — Environmental groups on Thursday criticized Britain’s opposition Labour Party for ditching a pledge to invest 28 billion pounds ($35 billion) a year in green projects if it wins an upcoming general election. Labour leader Keir Starmer said the party could no longer commit to the figure because the Conservative government had left the economy in dire condition. …
Read More »US, Britain strike Yemen’s Houthis in a new wave, retaliating for attacks by Iran-backed militants
WASHINGTON (AP) — The United States and Britain struck 36 Houthi targets in Yemen on Saturday in a second wave of assaults meant to further disable Iran-backed groups that have relentlessly attacked American and international interests in the wake of the Israel-Hamas war. But Washington once more did not directly target Iran as it tries to find a balance between …
Read More »A UK lawmaker says he’s quitting Parliament after death threats and an arson attack
LONDON (AP) — A Conservative lawmaker in Britain said Thursday he will step down when an election is called later this year because of abuse and death threats he says are linked to his support for Israel. Mike Freer said an arson attack on his office in December was the “final straw.” He told the BBC that when people go …
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