Calls for UK bank tax to fund cost of living help as HSBC profits hit £7.5bn
Levy could raise £19bn to help pay for Andy Burnham’s support for those struggling with bills, say campaignersBusiness live – latest updatesCampaigners have renewed calls for a windfall tax on UK banks that could raise £19bn towards Andy Burnham’s cost of living agenda, after HSBC raked in $10.1bn (£7.5bn) worth of profits in the second quarter of the year.Bosses at HSBC reported on Tuesday that profits rose 60% year on year in the three months to the end of June, helped by fees from wealth management and insurance business, as well as higher interest rates, which allow the bank to charge more for loans and mortgages. Continue reading...
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Umerov to Lead Ukraine’s Foreign Intelligence and Peace Talks
• Ukraine has appointed Umerov to lead a combined portfolio overseeing foreign intelligence, peace negotiations, and defense-technology priorities. • His key responsibilities include managing critical military initiatives, specifically drone procurement deals and the Freyja anti-ballistic program.
Read original · kyivpost.com
Kyiv PostAP News Summary at 8:31 a.m. EDT | National News
• President Trump announced that diplomatic talks regarding the conflict with Iran will begin on Monday, delaying planned "massive" military strikes. • The decision follows persuasion from Gulf allies, including Saudi Arabia, who urged the administration to prioritize diplomacy over immediate force.
Read original · mykxlg.comVote to take place on Blanche nomination after GOP senators drop opposition – US politics live
Trump’s former personal lawyer appears on track to become attorney general despite reservations over deal withdrawing ‘anti-weaponization fund’Critics denounce Blanche deal to halt Trump slush fundSign up for US Breaking News emailHello and welcome to the US politics live blog.President Donald Trump’s former personal lawyer Todd Blanche appears on track to become the next US attorney general after two Republican senators drop their opposition to his nomination.Trump declined to call for Rep Max Miller’s resignation following allegations of domestic abuse from his ex-wife, Emily Moreno. Trump said he has always known Miller as “a good person” and called the situation “a very sad thing.”In an 89-4 vote, the Senate voted to take up a measure that would temporarily keep the government funded and help avoid a shutdown in the fall. The measure, known as a continuing resolution, would maintain government funding at current levels through 11 December, with some adjustments for specific programs. The Senate is slated to debate the funding bill and move it closer to a final vote.A coalition of 25 US states sued the Trump administration over new tariffs pegged at 10% to 12.5% on goods from 60 trading partners, calling them a pretext for replacing import taxes struck down by the supreme court in February. The states are asking the US Court of International Trade to halt the tariffs, declare them unlawful and order refunds of duties that have already been paid. More here.Trump accused US attorney Jeanine Pirro of having “folded like an umbrella” amid reports that he was considering removing her from her post. Trump criticized Pirro on Monday after she dropped vandalism charges against a former Olympian accused of damaging the recently renovated Lincoln Memorial reflecting pool. More here. Continue reading...
Read original · theguardian.comDinghy carrying 157 people capsizes in Channel after engine catches fire
Passengers rescued by French and British vessels and some being taken to Boulogne-sur-Mer in FranceA dinghy carrying 157 people has capsized in the Channel after its engine caught fire at sea.They were rescued from the water by French vessels aided by two British Border Security Command boats and a RLNI lifeboat, and are being taken to Boulogne-sur-Mer, French authorities said. Continue reading...
Read original · theguardian.comColombia’s elephant-costumed anti-corruption activist sworn in as senator
Luis Carlos Rúa revealed himself to be Elefante blanco just three days before election for ‘his own safety’. Now he is tackling graft from senate floorWhen 102 senators were sworn in for Colombia’s latest parliamentary session, they included 32 women, 69 men – and one cartoon elephant.He had some difficulty making his way down the narrow central aisle of Congress’s ceremonial chamber, weaving past fellow senators in sharply tailored suits and dresses, before taking the oath in his pot-bellied white plush costume. Continue reading...
Read original · theguardian.comMichigan votes in key Senate primary as Democrats battle over party’s future
Progressive Abdul El-Sayed leads in polls against centrist Haley Stevens as party looks to regain control of US SenateThe Democratic party faces a crucial test of its direction today as voters in the midwestern swing state of Michigan decide whether to nominate for US Senate a progressive candidate advocating for universal healthcare or an-establishment-backed moderate.The state’s Democratic primary is the latest high-profile battle over the party’s future, as it seeks to chart a course back to power in Washington following Donald Trump’s victory in 2024. Continue reading...
Read original · theguardian.comUK plastic ‘waste colonialism’ found to be polluting Turkey’s farming heartland
A Guardian investigation finds irrigation canals polluted with microplastics in Turkey, a major destination for UK waste• ‘Nobody cares’: Turkish farmers bear the burden of UK’s plastic waste problemHigh levels of microplastics and other plastic contamination have been discovered in a waterway close to a major recycling hub in Turkey supplied with plastic waste by British companies.The polluted waterway, which floods into agricultural fields after heavy rain, feeds into a larger canal used for irrigating crops on the Çukurova plain, in the city of Adana, in the south of the country. It is one of the largest and most fertile agricultural basins in Turkey. Continue reading...
Read original · theguardian.comTrump slams oil companies for ‘making too much money’ from his war on Iran
US president hits out at ExxonMobil and Chevron, saying they should ‘give some of that back to the public’Business live – latest updatesDonald Trump has criticised oil companies for “making too much money” from the global energy market disruption caused by his war on Iran.Brent crude had been trading at about $70 (£52) a barrel before the first US-Israeli strikes at the end of February, but by the end of April had soared as high as $126 and is now trading at about $85 a barrel. Continue reading...
Read original · theguardian.comAbout 1,000 fewer prisoners to get early release as Burnham tightens rules
Justice secretary says ministers would have liked to block more but doing so would cause prison system to ‘break’UK politics live – latest updatesAbout 1,000 fewer prisoners will be released early after Andy Burnham’s intervention to exclude those convicted of rape, serious child sexual offences and grooming from the scheme.The justice secretary, Alex Norris, said 5,000 prisoners would be released over 10 months from October in England and Wales, down from the government’s original plan for 6,000 from September. Continue reading...
Read original · theguardian.comHungary comes ‘within millimetres’ of shutting down nuclear power plant amid drought crisis – Europe live
PM Péter Magyar says country nearly forced into decision as extreme heat and low water levels in Danube pose challenges in regionHungary has come “within millimetres” of having to shut down its nuclear power plant overnight, prime minister Péter Magyar said, as low water levels in the Danube continue to pose challenges for countries in south-eastern Europe.“Around 1:30 a.m. we were a few millimetres away from completely shutting down the Paks Power Plant, but then the water level stopped falling and by morning it had risen 1.5 centimetres. The last turbine is currently operating safely,” Magyar said on social media. Continue reading...
Read original · theguardian.comMother of PC Harper ‘bitterly disappointed’ that son’s killers remain eligible for early release – UK politics live
Government revises plans to tackle prison overcrowding amid pressure from MPs and victims but domestic abusers and killers could still be released earlyGood morning and welcome to our live coverage of UK politics. The mother of PC Andrew Harper said her family are “bitterly disappointed” that her son’s killers remain eligible for early release after the government revised plans to tackle the overcrowding crisis in prisons.Following pressure from victims, MPs and frontline prison officers, rapists, child sexual abusers and groomers will be excluded from the scheme for England and Wales, the government said on Monday.It feels like we’re letting Andrew down again. We’ve been through the justice system, we thought we’d done as best as we could. Now we’re standing up to fight again … so I just feel really let down, for Andrew’s sake as well as ours. Continue reading...
Read original · theguardian.com