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Rachel Reeves says Labour must stick to Brexit promise as party splits emerge

Rachel Reeves says Labour must stick to Brexit promise as party splits emerge EXCLUSIVE: Rachel Reeves said Labour must stick to its manifesto, which ruled out joining the single market and the customs union, and allowing freedom of movement Rachel Reeves has said Labour must stick to its Brexit red lines amid growing splits over the UK's relationship with the EU. The Chancellor said quitting the bloc has driven up prices and clobbered businesses on both sides of the Channel.

Daily Mirror 2d ago

Explainer-Why SpaceX faces a longer wait to join S&P 500

Explainer-Why SpaceX faces a longer wait to join S&P 500 June 5 : SpaceX's entry into the S&P 500 will take longer after S&P Dow Jones Indices declined to relax rules for megacap IPOs, delaying billions in passive fund inflows from the potential inclusion. The decision keeps several barriers intact. To join the S&P 500, a company must trade publicly for at least 12 months, be profitable under U.S. accounting standards and hold a free float of at least 10 per cent.

Channel News Asia 5d ago

Letta: Europe must unite or risk becoming a 'colony' of the US and China

The nascent "EU inc" strategy will attempt to complete the single market before the bloc becomes unable to compete with global superpowers. Europe must keep accelerating its roadmap to integrate the single market and create a European industrial strategy to avoid becoming subservient to global superpowers, former Italian Prime Minister Enrico Letta told Euronews' flagship programme Europe Today. "We don't want to be a colony of the US, and we don't want to be a colony of China, we want to be...

Euronews 1d ago

Oil exports through the Strait of Hormuz might not return to levels seen before the Iran war

The oil market might face a new reality after the Iran war in which exports through the Strait of Hormuz do not return to the levels once considered normal, as shipowners now have to weigh the risk that fighting could abruptly break out in the volatile Persian Gulf. And Western commercial ships will likely hesitate to sail through Hormuz if it remains under Iran's de facto control, especially if they have to coordinate with the Revolutionary Guard, putting them at risk of violating U.S....

CNBC 11d ago

The need for a socialist planned economy (2021)

This article is a transcript of the presentation given by Vincent R. Beaudoin at Fightback’s Marxist Winter School 2021. When the Soviet Union collapsed in 1991, Francis Fukuyama told us that this was evidence of the failure of the planned economy and the success of the capitalist market economy, and that it represented the end of history. In October 2018, however, he changed his mind.

Hacker News 9d ago

Trump says U.S. secretly moved more than 100 million barrels of oil through Strait of Hormuz

President Donald Trump said Wednesday that the U.S. military has secretly helped 200 commercial ships and more than 100 million barrels of oil through the Strait of Hormuz. "This wildly successful effort is because the UNITED STATES of AMERICA CONTROLS the Strait of Hormuz — NOT Iran," Trump said in a Truth Social post. "Their military is defeated, and their economy is lost."

CNBC 1h ago

Argentina’s ‘Madman’: Inside the world of Javier Milei

Otacon Party, a regular event for anime and manga fans held at the Galicia Centre in Buenos Aires, has never been known for being overtly political. Attendees buy comic books and Pikachu plushies, and sing karaoke, often dressed in colourful costumes. But at the February 2019 event, one cosplayer stood out among the rest.

Al Jazeera 4d ago

China accuses US of 'smear' and distorting facts over Tiananmen Square

China blasts US over Tiananmen Square comments as families banned from visiting graves Fri 5 Jun 2026 at 2:43am In short: China has accused the United States of distorting facts after Secretary of State Marco Rubio said censorship could not "erase" the memory of Beijing's Tiananmen Square crackdown. Vigils to mark the anniversary were held around the world, including in Taiwan. But there were no vigils held in Hong Kong or China, where authorities reportedly banned families of those who died...

ABC Australia 6d ago

Trump’s UFC Claw will come down ‘immediately,’ White House says — despite president saying it could be there forever

Trump’s UFC Claw will come down ‘immediately,’ White House says — despite president saying it could be there forever Officials say in court filings that the massive arena on the south lawn will be dismantled right after the president’s birthday fight - Bookmark - CommentsGo to comments Donald Trump’s administration says crews will “immediately” dismantle a massive UFC fighting arena after the end of the president’s 80th birthday match on the White House lawn. A sworn statement in federal...

The Independent World 2h ago

Policy on the AI Exponential

Policy on the AI Exponential In one of the side plots to The Lord of the Rings, two of the Hobbits attempt to rouse Treebeard—a wise but ponderous sentient tree—to defend his forest from an army that is cutting it down. The problem is that Treebeard operates at a very different speed than the Hobbits. It takes him a full day simply to say hello to another tree, so getting him and his peers to act fast enough is nearly impossible.

Hacker News 2h ago