Israeli Prime Minister Benjamin Netanyahu rejected a US-backed Gaza peace roadmap accepted by Hamas, demanding full disarmament before any troop withdrawal and creating friction with US President Donald Trump ahead of Israeli elections.
Israeli PM Benjamin Netanyahu rejected a US-backed Gaza peace roadmap accepted by Hamas, demanding Hamas's complete disarmament before any troop withdrawal and creating friction with Donald Trump ahead of Israeli elections.
President Donald Trump denied US weapons shortages and threatened leakers with jail time, pushing back against reports that dwindling munitions stocks and a clash with Pentagon chief Pete Hegseth affected military strategy against Iran.
Malaysian authorities investigate security breaches after a Malaysia Airlines pilot was arrested in Indonesia with 26kg of Ecstasy and methamphetamine, prompting protocol reviews for pilots and airport checks.
Kyiv suffered ballistic missile attacks, killing 10 and injuring 22, while Donald Trump expressed reluctance on licensing Patriot missile production to Ukraine. President Zelenskyy also urged Trump to facilitate Starlink use for strikes inside Russia. Separately, Ukrainians protested the ouster of the defense minister, and Black Sea grain exports faced threats from drone attacks.
Donald Trump held a televised Cabinet meeting at Camp David, using the historic setting to issue dark warnings about a migrant surge in Ceuta and tie it to the upcoming midterms, while also lamenting the failure of his "anti-weaponization fund."
US Treasury Secretary Scott Bessent inadvertently exposed plans for a $5bn-$10bn Japanese yen purchase during a Camp David cabinet meeting, captured by a Reuters photographer. This revelation coincided with reports of US and Japanese intervention to strengthen the yen, which had recently hit a 1986 low.
President Donald Trump will host his 13th Cabinet meeting at Camp David, the presidential retreat in Maryland, on Friday. Known for long sessions filled with praise for Trump, this marks the first such meeting at Camp David in his second term after a prior attempt was canceled due to bad weather.
Kyiv suffered ballistic missile attacks, killing nine and wounding 23 across five districts. Meanwhile, Donald Trump retreated from a promise to let Ukraine produce Patriot interceptors, and Volodymyr Zelenskyy sought his help to secure Elon Musk's Starlink for strikes inside Russia.
New British Prime Minister Andy Burnham announced a cut in household electricity bills by removing VAT from October 1, funded by cancelling the Digital ID program, aiming to provide financial relief and address the cost of living crisis.
Floods in Côte d’Ivoire have killed 59 people since May, with fears of rising death tolls as rescue efforts continue during the rainy season. Neighboring Ghana reported 13 deaths and over 400 rescues, with authorities attributing the severity to climate breakdown and poor waste management.
President Lee Jae-myung returned to Korea after an 8-night, 10-day European tour including the G7 Summit. He was greeted by Prime Minister Kim Min-seok and other officials. He plans to hold a cabinet meeting tomorrow to address domestic issues such as natural disaster preparedness and the election committee reform.
President Lee Jae-myung will convene a virtual cabinet meeting on May 14th (local time) while on a state visit to Italy. The meeting will cover the investigation into the election ballot shortage, the joint investigation headquarters' progress, and foreign exchange market trends. An additional meeting is scheduled for May 19th upon his return to discuss disaster response.
Several Indian Union ministers carpooled to a cabinet meeting, following Prime Minister Narendra Modi's suggestion to reduce vehicle fleets. This move emphasizes sustainability and leads by example amid global energy concerns.
DK Shivakumar is poised to make populist announcements after the first Cabinet meeting following his oath-taking ceremony. Discussions on ministry composition have concluded, with a select group of important individuals set to take the oath. Remaining vacancies will be filled later after detailed deliberations. Religious leaders have been invited to the event.
President Trump will host a Cabinet meeting at Camp David amid deteriorating Iran peace talks and rising tensions with Congress over funding priorities, including a controversial $1.776 billion slush fund and ICE enforcement funding.
Malaysia's unity government will remain intact until the end of its term, Communications Minister Fahmi Fadzil stated, aiming to quell speculation of snap elections. He cited commitments from coalition partners Barisan Nasional, Gabungan Rakyat Sabah, and Gabungan Parti Sarawak.
UK Government ministers, including Health Secretary Wes Streeting, faced questions on PM Keir Starmer's future after a cabinet meeting, amid calls from over 80 Labour MPs for his resignation or a departure timetable.
Prime minister tells crunch cabinet meeting a leadership challenge has not been triggered and he wants to ‘get on with governing’Minister resigns from Starmer government with call for PM to quitLabour MP in seat eyed by Burnham allies says she will not stand asideHere are some pictures from No 10 this morning.Darren Jones, the chief secretary to the PM, is now being interviewed on the Today programme. Nick Robinson, the presenter, is asking him if he knows whether Keir Starmer has decided how to respond to the pressure on him to resign. Jones is avoiding the question, as he did on Sky News earlier. (See 7.43am.) Continue reading...
Bond yields soar and pound falls against dollar as investors brace for potential Labour leadership changeBusiness live – latest updatesUK politics live – latest updatesLong-term UK borrowing costs have soared to the highest level in nearly three decades while the pound and stocks fell, as investors braced for a potential change of leadership, with cabinet ministers urging Keir Starmer to quit.Starmer is consulting colleagues before a crunch cabinet meeting on Tuesday morning that comes after ministerial aides quit and more than 70 MPs publicly called for him to go. Continue reading...
Miatta Fahnbulleh – minister for devolution, faith and communities – has become the first minister to goStarmer on the brink as cabinet ministers urge him to quitHere are some pictures from No 10 this morning.Darren Jones, the chief secretary to the PM, is now being interviewed on the Today programme. Nick Robinson, the presenter, is asking him if he knows whether Keir Starmer has decided how to respond to the pressure on him to resign. Jones is avoiding the question, as he did on Sky News earlier. (See 7.43am.) Continue reading...
Rolling coverage of the latest economic and financial newsPolitics Live: Minister says Starmer is ‘listening’ but refuses to say if PM will stay on ahead of critical cabinet meetingStarmer on the brink as cabinet ministers urge him to quitThe UK’s long-term cost of borrowing has hit its highest level since early in Tony Blair’s first term as prime minister, as speculation swirls over Keir Starmer’s future.Reuters are reporting that the yield (or interest rate) on both 20 and 30-year bonds is the highest since 1998, rising over the highs seen early this month.UK 20-YEAR GILT YIELD RISES TO HIGHEST LEVEL SINCE JULY 1998 AT 5.734%, UP 12 BPS ON DAY - LSEG DATAUK 30-YEAR GILT YIELD RISES TO HIGHEST SINCE MAY 1998 AT 5.794%, UP 11 BPS ON DAY - LSEG DATAI spoke to the prime minister last night, as you would expect, and he is talking to colleagues who have raised issues yesterday.But he was also very clear, as I’m sure all of my colleagues are, that coming into the office this morning, as we all are doing, we’re absolutely focussed on our jobs, on delivering the things that we’ve promised to deliver for the public. Continue reading...
Rolling coverage of the latest economic and financial newsStarmer on the brink as cabinet ministers urge him to quitNewsflash: UK government borrowing costs have risen at the start of bond market trading.Political uncertainty is gripping the markets, after Keir Starmer was urged to set out an orderly timetable for his departure ahead of this morning’s cabinet meeting.The market’s main concern here, and the reason for this Gilt underperformance, is twofold – firstly, that a new PM would shift to the left, and loosen/scrap the UK’s current fiscal rules; and, secondly, that doing so would exacerbate the UK’s inflation problem.With political uncertainty likely to persist for a while, and the fiscal rhetoric only set to ramp up, those considering buying the dip in Gilts may be minded to wait a while. Continue reading...
Darren Jones says the prime minister is ‘listening to colleagues’, and does not rule out PM announcing resignation timetableStarmer on the brink as cabinet ministers urge him to quitThere will be huge interest in what happens to UK government borrowing costs today. Graeme Wearden is covering this on his business live blog.Yesterday gilt yields (the cost of borrowing for the Treasury) edged up, in a move attributed to the political uncertainty at Westminster. Continue reading...
