Monday, June 29

Has Ireland lost a friend with the departure of Sir Keir Starmer?

PA Media The then Taoiseach (Irish prime minister) Simon Harris was the first international leader to be hosted at Chequers under Starmer's premiership On 21 July 2024, the sun was blazing down on Chequers, the British prime minister's countryside residence. In the Hawtrey Room, two newly-crowned prime ministers - Sir Keir Starmer and Taoiseach (Irish prime minister) Simon Harris - were laughing. Surrounded by their closest advisers, which included chief of staff Sue Gray and cabinet secretary Simon Case on the UK side, Starmer told Harris a story about getting a Donegal jersey while on his honeymoon in Ireland. He said he still wears the jersey while playing five-a-side football. Luckily for Starmer, Harris furnished a brand new Donegal jersey as a ce...

Bitcoin price has fallen by 50 per cent in less than a year. Why?

Nearly a year ago, bitcoin reached its highest ever price as it surged to over $US124,000 in value. It was a stunning rise, given many thought its time had come and gone when it soared and then fell in and around 2022. Several factors are leading to Bitcoin's fall from grace. AAP However, it has now plummeted by more than half, falling by 19 per cent in the last month alone, according to tracking website CoinMarketCap. The market cap or total dollar value for cryptocurrencies overall has also fallen rapidly this year, losing nearly $500 billion. It has been a stark fall, especially given how US President Donald Trump pledged to support the crypto industry, and as parts of the technology sector are climbing. Elon Musk's SpaceX was recently publicly traded...

Andy Burnham inches closer to power in Britain as Keir Starmer seeks a legacy

Andy Burnham took a step closer to becoming Britain’s next prime minister without a contest on Wednesday when Cabinet minister Darren Jones, touted as a possible rival, said he would not run. Meanwhile Keir Starmer, seeking to secure a legacy before he leaves office, faced the weekly Prime Minister’s Questions session in Parliament before flying to Berlin to meet European allies for talks on Ukraine and the Middle East. Andy Burnham arrives at Portcullis House in Westminster on Monday. Andrew Matthews/PA via AP Starmer announced his plan to resign on Monday and will be out of office within weeks once the governing Labour Party picks a new leader. Starmer and his government took a roasting from Conservative Party leader Kemi Badenoch, who reeled off a list of a...

Trump threatens tolls as US denies Iran’s Strait of Hormuz closure

US President Donald Trump has threatened to impose American tolls on the Strait of Hormuz, after Iran declared the crucial waterway closed once again overnight - already threatening the interim agreement to end the war. The Iranian joint military command said the strait was shut in response to ongoing Israeli attacks in Lebanon, and said while its negotiators are going to Switzerland for talks, not much is likely to happen there. The Strait of Hormuz has been closed again. Getty Key mediator Pakistan, meanwhile, said the technical-level talks will begin on Sunday in Bürgenstock, Switzerland, with Qatari mediators also participating. In Tehran’s first salvo, Iran’s joint military command said the strait had been closed, citing the Israeli attacks and US “bad faith” and “clear ...

Prince William joins King Charles in revealing the amount of tax paid

Prince William has joined his father’s move for transparency in royal accounts, with both King Charles and his heir revealing how much personal tax they’ve paid for the very first time. The monarch has footed a tax bill in excess of £30 million ($57.3 million) in the two full tax years since becoming King, Buckingham Palace confirmed on Friday. Both King Charles (left) and Prince William (right) have for the first time revealed their personal tax bills, in a bid for more transparency of royal accounts. Samir Hussein His Majesty’s tax bill was £11.7 million in 2023-24 and £12.9 million in 2024-25, respectively. The remaining £5.4 million in the second half of 2022. “This is the first time the sovereign’s personal tax payment has been published, alongside a new document summa...

Trump asks Congress for billions for Iran war, after tension with Republicans

The White House has asked lawmakers to approve $87.6bn (£66.5bn), mostly for "urgent needs" connected with the US war on Iran, a day after Congress passed a resolution rebuking the military action. The bulk of the funding - $67bn - is for the US Department of Defence, the White House said. But the proposal faces an uphill battle in Congress. The Iran conflict is unpopular with voters ahead of the US midterm elections in November, though a ceasefire is currently in effect. US President Donald Trump has also found himself at odds with some members of his Republican Party over the issue of Iran, and is alleged to have ended up in an angry exchange with one senator on Wednesday. That senator, Bill Cassidy of Louisiana, was one of a handful of Republicans who defied the president ...
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