World

At the very moment most people seem to have forgotten of his existence, President Biden has slowly but purposefully shuffled across Vladimir Putin’s latest red line in Ukraine. After months of President Zelensky’s tireless pleas, the United States has finally given Kyiv a green light to use American missiles (ATACMS) for strikes deep inside Russia. Putin may well decide that it is safer to swallow his pride and pretend nothing has happened Reports indicate that Biden’s permission applies in the first instance only to the Russian and North Korean troops deployed in the Kursk region. It aims at helping Kyiv to hold on to the piece of the Russian territory that

Britain’s fighter jets are running missions into Syria, dropping bombs on the Houthis in Yemen, patrolling over Estonia, Lithuania and Romania, close to Ukraine, and guarding our shores from interloping Russian bombers. And yet, the Typhoon final-assembly production line at Warton in Preston has effectively come to a halt. There are no new orders from the Ministry of Defence, and there is a battle going on between Typhoon supporters and those who want Britain’s military to have more American Lockheed Martin F-35 aircraft instead. The government is saying nothing because there is a strategic defence review underway. It’s an old, old story, rehearsed so many times in the past. Do

Last week the National Institute of Economic and Social Research said Britain ‘would be one of the countries most affected’ by Donald Trump’s proposed tariffs, with growth cut by 0.7 percentage points in year one, 0.5 percentage points in year two, and inflation 3-4 points higher. But research from Oxford Economics today suggests the impact would be ‘limited’, even in the worst-case scenario.  During the election campaign, Trump suggested putting tariffs of 10 or 20 per cent on all imported goods – except those from China and Mexico, which would be stung with 60 or even 100 per cent rates. At the moment, average UK tariffs on goods from the US