Author: LoveWorld UK

MANDELSON REFUSED TO HAND OVER PHONE – Parliamentary Inquiry into his appointment release 2nd tranche of data today at 2pm  Lord Mandelson refused to hand over messages from his personal phone for release as part of the parliamentary inquiry into his appointment.  The final tranche of the Mandelson files was released at just after 2pm today, with more than 1,500 pages of documents relating to the disgraced peer’s time as US ambassador made public. However, a note released alongside the documents said: “On March 31 the [Cabinet Office] wrote to Peter Mandelson – via his solicitors – to request any…

UK FOREIGN MINISTER COOPER MEETS CHINA’S WANG YI IN BEIJING – Country leaders are pledging greater cooperation on trade and tech  UK Foreign Minister Yvette Cooper met with Chinese Foreign Minister Wang Yi on Tuesday at the Diaoyutai State Guest House in Beijing, shortly after arriving in the city. Cooper will also meet with Chinese Vice President Han Zheng, before travelling to the southern tech hub of Shenzhen for a programme focussed on science and technology a day later, the government said. Prime Minister Keir Starmer and Chinese leader Xi Jinping hailed a reset in ties during the British leader’s…

FRANCE SEIZES SANCTIONED RUSSIAN TANKER – Britain backs operation targeting vessels linked to Putin’s so-called shadow fleet  French authorities have seized a Russian-linked oil tanker operating under international sanctions in a joint effort supported by Britain to curb Moscow’s ability to bypass restrictions on energy exports. The vessel was intercepted off the coast of Brittany as part of a wider operation targeting Russia’s so-called “shadow fleet” — a network of ships accused of transporting oil outside sanctioned channels. Officials say the tanker is suspected of helping move Russian crude through complex shipping arrangements designed to avoid Western sanctions imposed following…

IRAN CONFLICT ESCALATES AFTER STRIKES! US says it struck Iranian drone sites as both sides exchange attacks and warnings now!!  The U.S. said on Sunday (May 31) it conducted “self-defense strikes” on Iranian radar and drone control sites in Iran’s Goruk and Qeshm Island at the weekend in what it said was a response to “aggressive” actions from Tehran. The U.S. Central Command (CENTCOM) said in a post on X that Iran had shot down a U.S. MQ-1 drone that was operating over international waters. CENTCOM said U.S. fighter aircraft responded by eliminating Iranian air defenses, a ground control station,…

HOUSE PRICES FALL AS IRAN WAR PUSHES RATES – Rising mortgage costs driven by geopolitical tensions weigh on housing demand and values House prices have come under renewed pressure as rising geopolitical tensions linked to the conflict involving Iran feed through into global financial markets and push up borrowing costs. Mortgage rates have climbed in recent weeks as investors price in higher risk and increased volatility, leading lenders to tighten conditions in some parts of the market. Economists say the impact is being felt most sharply in interest-rate sensitive housing sectors, where affordability was already stretched following previous rounds of…

DUTCH COURT TO HEAR CIVIL CASE AGAINST GATES! – Judges in the Netherlands reject jurisdiction challenge in Covid vaccine lawsuit  A court in the Netherlands ruled that it can proceed with a civil case involving Bill Gates, Albert Bourla the CEO of Pfizer and Mark Rutter the former Netherlands Prime Minister and several other defendants over claims linked to Covid-19 vaccines.  The lawsuit was brought by a group of Dutch plaintiffs who allege they were misled about vaccine safety and effectiveness during the pandemic. Gates’ legal team argued that Dutch courts did not have jurisdiction because he does not live…

CHINA SAYS EU TRADE CURBS WOULD HARM CONSUMERS – The EU has long accused China of unfair trade practices  China’s foreign ministry on Thursday (May 28) criticized potential European Union trade measures, warning they would harm consumers and businesses and weaken long-term competitiveness. Such an approach inevitably leads to the conclusion of imbalanced trade ties, Mao Ning, a ministry spokesperson, said at a regular news conference. The EU is not forced to trade with China, Mao said, warning that China will take all measures necessary to safeguard its legitimate rights and interests. The EU has long accused China of unfair…

AI RISE PAUSE, BUT CONSUMERS LIFT THE DOW! – Dow posts closing record high as broader AI-driven rally loses momentum  Rising healthcare and consumer stocks lifted the Dow Jones Industrial Average on Wednesday (May 27) to a record closing high, while the S&P 500 and the Nasdaq were steady, as investors took a pause from the AI-led rally while cautiously watching Middle East peace talks.  Fractional gains were enough to push the S&P 500 index and Nasdaq to closing record highs for the second day in a row.  Banking stocks were down as shares of JPMorgan Chase slid 2.4% after…

TOWER HAMLETS APPROVES 130% PAY RISES! – Aspire-run council faces backlash over allowance increases amid child poverty crisis  Councillors in Tower Hamlets have approved major increases to council pay allowances, with some roles receiving rises of up to 130 percent despite the borough having the highest child poverty rate in Britain.  The East London authority, controlled by Mayor Lutfur Rahman’s Aspire Party, voted through changes expected to add around one hundred and seventy-eight thousand pounds to councillor allowances each year. The decision has triggered criticism from residents and opponents who say the increases are excessive during a continuing cost-of-living crisis.…

IRAN DEMANDS RELEASE OF FROZEN FUNDS! – Tehran says $24bn in assets must be returned before any peace deal with Washington   Iran has reportedly told the United States it will only sign a proposed peace agreement if Washington releases twenty-four billion dollars in frozen Iranian assets, setting up a major obstacle in negotiations aimed at ending months of regional tensions and conflict.  Reports from sources close to the talks say Tehran wants half of the money — around twelve billion dollars — released immediately once a memorandum of understanding is announced, with the remaining funds transferred within sixty days.…