All posts tagged: Volatile

‘Volatile’ world requires Britain to get close to EU, Starmer says – POLITICO

‘Volatile’ world requires Britain to get close to EU, Starmer says – POLITICO

Published by Sam Flores

But buoyed by a largely positive domestic reception, Starmer has since the new year hinted that he wants to expand negotiations to take in more areas — and potentially bring the U.K. back into large areas of the EU single market through aligning with regulations. “Brexit did deep damage to our economy, and the opportunities to strengthen our security and cut the cost of living are simply too big to ignore,” he told reporters. “So in the coming weeks, we will announce a new summit with our EU partners, and I can tell you that at that summit, the U.K. will not just ratify existing commitments made at last year’s summit. “We want to be more ambitious, closer economic cooperation, closer security cooperation, a partnership that recognizes our shared values, our shared interest and our shared future, a partnership for the dangerous world that we must navigate together, a world where this government will be guided at all times by the interests of the British people.” No date has been set for the next U.K.-EU …

Oil prices volatile on conflicting reports about Strait of Hormuz

Oil prices volatile on conflicting reports about Strait of Hormuz

Published by Sam Flores

Oil prices swung sharply Tuesday as conflicting reports about shipping in the Strait of Hormuz drove the cost of crude oil down for much of the morning, then higher in the afternoon. U.S. West Texas Intermediate crude oil plunged as much as 19%, slipping below $77 per barrel at one point. But the move faded, and West Texas Intermediate climbed to trade around $89 a barrel by 4 p.m. ET. International Brent crude also briefly dropped 17% to below $80 per barrel but later rose back to more than $90 per barrel. Stocks also closed mixed after a volatile trading session Tuesday. The S&P 500 ended lower by 0.21% after having risen almost 1%, while the Nasdaq Composite wrapped up the day flat and the Dow Jones Industrial Average fell 34 points. Oil’s move lower was accelerated by a social media post from U.S. Energy Secretary Chris Wright that was later deleted and denied by the White House. Wright had written on X that the “U.S. Navy successfully escorted an oil tanker through the Strait …

‘El Mencho’ killing signals volatile new chapter in Mexico’s drug war

‘El Mencho’ killing signals volatile new chapter in Mexico’s drug war

Published by Sam Flores

The killing of one of Mexico’s most notorious drug kingpins over the weekend signals the start of a more forceful chapter in the country’s war against drug cartels, as President Trump has pressured Mexican President Claudia Sheinbaum to take the fight to powerful criminal syndicates. The high-stakes operation to capture Nemesio Oseguera Cervantes, known as… Source link

Politics Home Article | Britain Faces Its Most Volatile Local Elections In Decades

Politics Home Article | Britain Faces Its Most Volatile Local Elections In Decades

Published by Sam Flores

As the country prepares to go to the polls on 7th May, Ethan Dodds, Political Campaign Manager at Total Politics, sets out the local election battles that could redraw Britain’s political map In summer 2024, a triumphant Keir Starmer walked up Downing Street to cheers and flag-waving jubilation. After 14 years in opposition, Labour had returned to government with its largest majority since 1997.  Less than two years later, the mood is very different. Starmer is now the most unpopular British prime minister since modern polling began, with a YouGov net favourability rating of -54.1 It is from this unenviable position that he will lead his party into the local and devolved elections on 7th May – contests that will function as a referendum on his leadership and a high-stakes stress test for the electoral coalition that delivered Labour’s victory.  Fractures on the left  The unsteady progressive alliance that handed Keir Starmer the keys to Number 10 is now fracturing under the weight of incumbency. The Greens, under Zack Polanski’s eco-populist leadership, are capturing voters disillusioned by what they see as Labour’s lack of radicalism. Meanwhile, …