UK spending review: Ian King on what we could see from the Treasury
Ian King, author of CNBC's U.K. Exchange newsletter, discusses the country's upcoming spending review, in which the British government sets out budgets for government departments for the next few years.
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Yahoo
30 minutes ago
- Yahoo
More arrests after third night of unrest in N. Ireland town
Riot police were pelted with petrol bombs, masonry and fireworks and nine officers were wounded in the third night of unrest in Northern Ireland, police said on Thursday amid simmering anti-immigrant anger. The three days of clashes in Ballymena erupted on Monday night after two teenagers were arrested for an alleged attempted rape of a young girl at the weekend. Police have not confirmed the ethnicity of the teenagers, who remain in custody and had asked for a Romanian interpreter in court. The crowds eventually dispersed late Wednesday without a repeat of the chaotic scenes seen on Monday and Tuesday when houses and businesses were torched and 32 police officers were injured. But in Larne, around 20 miles (32 kilometres) away, local media reported that masked men on Wednesday torched a leisure centre that was temporarily sheltering people from Ballymena who had been evacuated from their homes. Police condemned Wednesday night's violence, which included a hatchet being thrown at officers, calling it "completely unacceptable disorder". Six more people were arrested, the Police Service of Northern Ireland said. "As a result of a significant policing operation calm was restored to all areas at around 1:00 am (0000 GMT) this morning," the force added. Three teenage boys aged 15, 17 and 18 were due to appear in court on Thursday having been charged with rioting, according to police. A total of 41 officers have now been hurt in the three nights of unrest, the PSNI said, though most of the injuries were not severe. Ministers from every party in the province's power-sharing executive strongly condemned "the racially motivated violence witnessed in recent days", while UK Prime Minister Keir Starmer denounced the "mindless violence". The UK's Northern Ireland minister Hilary Benn, who visited Ballymena on Thursday, said he "utterly condemned the terrible scenes of civil disorder". - 'Terrifying' - Police called the violence "racist thuggery", deployed riot officers with dogs and asked forces in England and Wales for help quelling the unrest. Assistant Chief Constable Ryan Henderson said Thursday that "this criminal behaviour has no place on the streets of Northern Ireland and is completely unacceptable". On the fire in Larne, police said: "Shockingly, people were inside the building at the time of this fire -– thankfully no injuries were reported." Ballymena residents have described "terrifying" scenes in which attackers had targeted "foreigners" over the previous days. Some people fixed signs to their houses indicating they were Filipino residents, or hung up British flags. Political commentator Alex Kane, a former Ulster Unionist Party communications chief, told AFP "most of those involved in the rioting... were from the working-class loyalist community" who support Northern Ireland remaining part of the UK. "This is a demographic which feels left behind" by various political and social forces, he added. "An unsettled community, particularly when it is mostly composed of the young, is often quick to anger and easy to mobilise on the street. It's a problem which won't disappear any time soon," he warned. While acknowledging the protests were a "bit extreme", college student Lee Stewart described them as necessary "to defend our own people". "We view it as the police aren't doing anything to stop what is going on to those poor wee girls," Stewart, 18, said. bur-pmu-jwp/jkb/phz/giv
Yahoo
30 minutes ago
- Yahoo
Plane crashes near Indian airport and judge rules on Mahmoud Khalil detainment: Morning Rundown
Donald Trump's rhetoric about L.A. protestors stands in contrast to his reaction on Jan. 6, 2021, when his supporters attacked the Capitol. Israel is considering a unilateral strike on Iran, sources say. And renters are on the rise in America's suburbs. Here's what to know today. An Air India plane with 242 people on board has crashed near a major international airport in the western Indian city of Ahmedabad. Air India, the country's flagship carrier, confirmed that Flight 171 from Ahmedabad to London Gatwick was 'involved in an accident today after take-off' and offered 'full cooperation to the authorities investigating this incident.' This is Morning Rundown, a weekday newsletter to start your day. Sign up here to get it in your inbox. The airline said 12 crew members and 230 passengers were onboard, including 169 Indian nationals, 53 British nationals, 1 Canadian national, and 7 Portuguese nationals. The number of casualties is not yet known. Ahmedabad Airport temporarily suspended all flight operations after the crash, which happened in a residential area near the airport just before 5 a.m. ET on Thursday. Hospitals were put on high alert. India's Prime Minister Narendra Modi said: 'The tragedy in Ahmedabad has stunned and saddened us. It is heartbreaking beyond words. In this sad hour, my thoughts are with everyone affected by it. Have been in touch with Ministers and authorities who are working to assist those affected.' Britain's Prime Minister Sir Keir Starmer called 'the scenes emerging of a London-bound plane carrying many British nationals crashing in the Indian city of Ahmedabad are devastating.' Read the full story here and follow live updates. Protests against ICE immigration raids have popped up across the nation while protests persisted in Los Angeles. In California, 700 Marines were mobilized in the L.A. area, and a curfew was enforced for a second night in a row in downtown. Meanwhile, a court hearing is set today in San Francisco over the state's lawsuit seeking to block the military from involving itself in immigration enforcement. In San Antonio, protesters gathered at a peaceful rally outside the Alamo to speak out against Texas Gov. Greg Abbott's deployment of the Texas National Guard. In Washington, D.C., President Donald Trump spent yesterday evening attending the opening night of 'Les Misérables' at the John F. Kennedy Center for the Performing Arts. This is Morning Rundown, a weekday newsletter to start your day. Sign up here to get it in your inbox. The president promised this week a swift response to any violence against law enforcement by protesters in L.A., writing on social media, 'If they spit, we will hit.' His low tolerance for such violence is a turnaround from Jan. 6, 2021, when his supporters attacked the Capitol in an attempt to block the certification of Joe Biden's 2020 election win. No National Guard help arrived for hours, despite pleas from those inside the building. And on the first day of his second term, Trump pardoned most of the rioters. The White House said Trump is fulfilling his mandate in L.A. to secure the border, make sure federal officials can execute his plan and restore law and order. Attorney General Pam Bondi, when asked about how Trump is handling California versus Jan. 6, 2021, said the situations are 'very different.' Some critics were quick to point out the change in attitude, including Michael Fanone, a former D.C. police officer who was attacked on Jan. 6. He called Trump a 'hypocrite' and said, 'Had those people storming the Capitol been illegal immigrants or Black people' or another group Trump's base took issue with, 'then they would have said 'open fire.'' Read the full story here. Republicans are barreling toward a critical deadline to lift the debt ceiling — and say there's no 'Plan B' if they don't pass the massive Trump agenda bill in time. Health and Human Services Secretary Robert F. Kennedy Jr. tapped eight new members to join the CDC's independent vaccine advisory panel, two days after firing the previous group. Here's who he selected. Trump's political statements at a rally this week at Fort Bragg raises questions about whether military regulations were violated. Progressive activist David Hogg said he won't run again for vice chair of the Democratic National Committee after the DNC called for a redo of the February election that elevated him to the post. Despite touting Trump's endorsement in the New Jersey primary, GOP candidate Jack Ciattarelli is looking to focus his campaign against Democratic Rep. Mikie Sherrill on a different political leader. Israel is considering taking military action against Iran, most likely without U.S. support, in the coming days, according to five people with knowledge of the situation. The potential move would mark a dramatic break with the Trump administration. It would also happen in spite of Trump being in advanced discussions with Tehran about a deal to to curtail its nuclear program and include provisions about uranium enrichment that Israel views as unacceptable. U.S. and other officials are on alert awaiting the possibility of Israel's striking Iran, the officials said. The notion of a new front in a simmering conflict has prompted the administration to order all embassies within striking distance of Iranian missiles, aircraft and other assets to send cables with assessments about danger and about measures to mitigate risks to Americans and U.S. infrastructure, two sources said. Read the full story here. The Trump administration, for now, cannot deport or detain pro-Palestinian activist Mahmoud Khalil based on a determination by Secretary of State Marco Rubio, a federal judge ruled. U.S. District Judge Michael Farbiarz's preliminary injunction will not take effect until Friday morning, which gives the government time to appeal. Khalil, a Columbia University student who played an active role in campus protests last year, was one of the first protesters targeted by the Trump administration when he was arrested in March. Rubio cited an obscure provision of the Immigration and Nationality Act of 1952 to justify Khalil's removal from the U.S. and said he posed a national security risk. Fairbairz said in his ruling yesterday that Khalil's 'career and reputation are being damaged and his speech is being chilled — and this adds up to irreparable harm.' Read the full story here. And last week, ICE denied Khalil's request to move to a detention center in New Jersey to be closer to his wife and newborn son despite an agency policy that requires parents and legal guardians to be transferred to facilities closer to their children if they are primary caretakers or have custody of minor children. Brian Wilson, the Beach Boys frontman who is widely considered one of the most gifted singers, songwriters and producers in the history of American pop music, has died at the age of 82. Jurors in disgraced movie mogul Harvey Weinstein's retrial found him guilty of sexually assaulting one woman and not guilty of assaulting another. They couldn't reach a verdict on a third woman's allegations. The Indiana Pacers took Game 3 of the NBA Finals in a 116-107 win over the Oklahoma City Thunder after unleashing their best defense and hustle on offense in the fourth quarter. In slashing billions in research funding, the Trump administration seems to have banked on the idea that the public will see much of scientific research as wasteful or arcane. So a number of researchers are finding new ways to appeal directly to everyday Americans. The first-ever images of the sun's south pole were released, offering fresh insights into its magnetic field and how it produces space weather. America's housing affordability problem has seeped into suburbs — so much so that it has become easier to rent than buy in several areas near major cities, according to recent analysis looking at rentership from 2018 to 2023. Among the metros where nearby suburbs have become majority-renter communities are Dallas, Houston, Miami, Boston and Philadelphia. From my perch in Los Angeles, where renting feels more like the norm than the exception, I find the shift in who has a stake in America's suburbs to be eye-opening. As experts told intern Evie Steele for this story, renting is a way for families to get the space and lifestyle of suburbia without the cost of a mortgage, which has risen sharply since the pandemic. And the appeal of suburbs doesn't seem like it'll fade anytime soon. — Elizabeth Robinson, newsletter editor When spending a lot of time outdoors, experts recommend wearing clothing with built-in sun protection. The NBC Select team consulted dermatologists on the best UPF hats to consider this summer. Plus, dermatologists lay out the major differences between American and Korean sunscreen. Sign up to The Selection newsletter for hands-on product reviews, expert shopping tips and a look at the best deals and sales each week. Thanks for reading today's Morning Rundown. Today's newsletter was curated for you by Elizabeth Robinson. If you're a fan, please send a link to your family and friends. They can sign up here. This article was originally published on
Yahoo
35 minutes ago
- Yahoo
British exports to US suffer record hit from Trump tariffs
By David Milliken LONDON (Reuters) -British goods exports to the United States suffered a record fall in April after U.S. President Donald Trump imposed new tariffs, official figures showed on Thursday, pushing Britain's goods trade deficit to its widest in more than three years. Britain exported 4.1 billion pounds ($5.6 billion) of goods to the United States in April, down from 6.1 billion pounds in March, Britain's Office for National Statistics said, the lowest amount since February 2022 and the sharpest decline since monthly records began in 1997. The 2 billion pound fall - a 33% drop in percentage terms - contributed to a bigger-than-expected drop in British gross domestic product in April. Last week Germany said its exports to the United States fell by 10.5% in April although that figure, unlike Britain's, is seasonally adjusted. The British Chambers of Commerce said the scale of the fall partly reflected manufacturers shipping extra goods in March to avoid an expected increase in tariffs. Even so, April's goods exports were 15% lower than a year earlier. "The economic effects of the U.S. tariffs are now a reality. Thousands of UK exporters are dealing with lower orders and higher supply chain and customer costs," the BCC's head of trade policy, William Bain, said. The United States is Britain's largest single goods export destination and is especially important for car makers, although total British exports to countries in the European Union are higher. Britain exported 59.3 billion pounds of goods to the United States last year and imported 57.1 billion pounds. The United States imposed 25% tariffs on British steel and aluminium on March 12 and in early April increased tariffs on imports of cars to 27.5% as well as a blanket tariff of 10% on other goods. Last month Britain agreed the outline of a deal to remove the extra tariffs on steel, aluminium and cars - the only country to do so - but it has yet to be implemented and the 10% tariff remains in place for other goods. Before the deal, the Bank of England estimated the impact of the tariffs on Britain would be relatively modest, reducing economic output by 0.3% in three years' time. BIGGER TRADE DEFICIT Thursday's data also showed that the fall in exports to the United States pushed Britain's global goods trade deficit to 23.2 billion pounds in April from 19.9 billion pounds in March, its widest since January 2022 and nearly 3 billion pounds more than had been expected by economists polled by Reuters. Excluding trade in precious metals, which the ONS says adds volatility to the data, the goods trade deficit was the widest since May 2023 at 21.6 billion pounds. Britain's total trade deficit narrowed to 5.4 billion pounds in April - also the widest since May 2023 - once the country's surplus in services exports is taken into account. ($1 = 0.7364 pounds)
