FINANCIAL TIMES
Fed, Russian assets, India, AI.
1
Investors warn US Treasury against appointing Trump loyalist to lead Fed
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The bond market is flashing a warning signal over the potential appointment of Kevin Hassett as Chair of the Federal Reserve.
Investors fear that a Fed chief loyal to Donald Trump might aggressively cut rates to please the White House,
underestimating inflation risks. This would undermine central bank independence and could trigger volatility
comparable to the UK gilt crisis of 2022. The situation highlights growing tension between
traditional financial institutions and the new US administration.
2
EU plans to use Russian assets to aid Ukraine bypassing veto
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Brussels has proposed a legal mechanism allowing frozen Russian assets to be used as collateral for a loan to Ukraine
of up to €210 bn. The plan relies on emergency powers under Article 122 of the EU treaties, enabling decisions
without unanimity and effectively neutralizing Hungary's veto. This creates a precedent for indefinitely freezing
Russian Central Bank assets until reparations are paid. The move aims to guarantee long-term funding for Kyiv,
despite legal risks to Europe's financial system.
3
Putin and Modi deepen military and trade ties at Delhi summit
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Vladimir Putin's visit to India underscores the resilience of the strategic partnership between Moscow and New Delhi,
despite Western pressure and the threat of secondary US sanctions. On the agenda are fighter jet supplies, air defense systems,
and expanded nuclear energy cooperation. India continues to balance by purchasing record volumes of Russian oil
and weaponry, which is economically beneficial but irritates Washington. For Russia, India remains a key channel
mitigating isolation and maintaining export revenue.
4
AI developer Anthropic prepares for major IPO, beating OpenAI
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Anthropic, the company behind the Claude chatbot, has hired a law firm to prepare for an initial public offering,
aiming to go public before its main rival OpenAI. Recent private funding rounds value the company
at over $40 bn, highlighting the continued hype around generative AI. The listing will be a test of public investors'
willingness to back loss-making but fast-growing AI labs. A successful IPO would cement Anthropic's status
as one of the leaders in the global artificial intelligence race.
5
Israel faces political crisis over ultra-orthodox draft
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Prime Minister Benjamin Netanyahu risks a coalition collapse over a bill regulating the conscription of
Ultra-Orthodox Jews into the army. Amid the prolonged war in Gaza and IDF manpower shortages,
public opinion demands an end to historic exemptions for Haredim, sparking fierce resistance from religious parties—
key pillars of the government. The standoff exposes a deep social rift and threatens political stability
in wartime. A sustainable compromise appears out of reach, fueling internal turbulence.
6
EU agrees on full ban of Russian gas imports by 2027
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The European Union has reached a political agreement to phase out all Russian gas supplies, including LNG,
by autumn 2027. The decision comes amid the ongoing war in Ukraine and provides temporary exemptions
for vulnerable countries like Hungary and Slovakia in case of supply shortages. The move cements Europe's pivot
towards suppliers from the US and Norway. For Russia, this means the loss of its largest historical export market
with minimal chances of rapid replacement.
DAILY MAIL
Meghan Markle's father, digital surveillance, Labour MP revolt, and Royal diplomacy.
1
Meghan Markle's father in ICU fighting for life after surgery
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News that 81-year-old Thomas Markle is in critical condition in a Philippine hospital
reignites the topic of his years-long estrangement from his daughter. The situation creates intense media pressure on the Sussexes,
pushing them towards either a public reaction or a gesture of reconciliation. This highlights the ongoing personal crisis
within the Royal Family, which tabloids can revisit whenever a new scandal surrounds the couple.
2
Labour government prepares massive rollout of facial recognition cameras nationwide
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Keir Starmer's government plans to deploy facial recognition technology across all police forces—
a move critics call turning Britain into a "Big Brother state." The system will allow police
to match surveillance images not just against their own databases, but against passport photos
of ordinary citizens. This signifies Labour's pivot to a tough "law and order" agenda, despite serious
concerns regarding civil liberties and total surveillance.
3
Rural Labour MPs plot revolt against Reeves over 'farm tax'
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Internal tensions within the Labour Party are intensifying: MPs from rural constituencies fear losing their seats
due to the unpopular inheritance tax on farms. The attempt to oust Chancellor Rachel Reeves shows
how fragile party discipline is becoming amid growing economic discontent among voters. The conflict threatens
to undermine the government's authority on fiscal policy and shatter the promise of "economic stability."
4
Paedophile at elite nursery admits filming abuse of children
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Vincent Chan, an employee at the expensive Bright Horizons nursery, has admitted to systematic sexual abuse
of children and creating around 25,000 indecent images. The case reveals serious failures in staff vetting
even in the premium segment of the childcare market. The scandal will likely lead to a wave of inspections
and stricter background check requirements and child protection systems.
5
Kate Middleton wears rare tiara to state banquet honoring German President
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The Princess of Wales' decision to wear a tiara unseen in public since the 1930s to the banquet
is a carefully calculated gesture of the monarchy's "soft power." The visit aims to restore post-Brexit ties
with a key EU partner. The Royal Family remains one of Britain's most effective diplomatic
tools, creating a sense of continuity amidst political instability at home.
6
Jenni Murray links foot paralysis to trendy weight loss injections
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Retired BBC presenter Jenni Murray has publicly stated that neurological problems in her legs are linked to using
popular weight-loss injections. Her story fuels the growing debate about the side effects of
obesity "wonder drugs." This could shift public perception of their safety and increase pressure
for further research and stricter regulation.
THE GUARDIAN
NHS crisis, Russian assets for Ukraine, Trans rights, and Right-wing maneuvers.
1
Leaked report reveals culture of bullying and patient risk at Blackpool hospital
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A confidential Royal College of Physicians report confirms systematic bullying and racism
at Blackpool Victoria Hospital, directly undermining patient safety. The scandal exposes a deep management crisis
within the NHS and leadership's inability to protect both staff and patients. Pressure on Health Secretary
Wes Streeting is mounting: real reforms are expected, not just rhetoric about "modernizing" the system.
2
Brussels proposes using frozen Russian assets to back loans to Kyiv
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The European Commission has prepared a mechanism allowing loans to Ukraine backed by profits from frozen
Russian state assets, bypassing member state vetoes. The plan aims to ensure long-term funding for
Kyiv amid uncertainty over US aid. This sets a legal precedent for using a sanctioned state's sovereign assets
as collateral in a geopolitical conflict.
3
Nigel Farage plans 'reverse takeover' of Conservative Party
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Reform UK leader Nigel Farage openly states he intends not to cooperate with the Conservatives, but to absorb
their electoral base and party machine. This signals a long-term strategy to reshape British right-wing
politics in a populist mold. For the weakened Conservative Party, the threat is existential:
if it fails to restore the trust of its core voters, it risks becoming a hollow shell.
4
Whistleblower claims Foreign Office deleted word 'genocide' from Sudan notes
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Foreign Office staff, according to a whistleblower, removed the word "genocide" from internal briefings on Sudan
to avoid irritating the UAE, which backs one side in the conflict. The accusation hits the moral authority of British diplomacy
and shows geopolitical interests being placed above human rights. The scandal could damage relations with NGOs
and harm the UK's image as a defender of international law.
5
Women's Institute bans trans women from membership
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The UK's largest women's organization — the Women’s Institute — has changed its constitution, restricting membership
to "biological women" only, citing legal risks and safeguarding duties.
The decision reflects a shift in public debate on gender, single-sex spaces, and competing rights.
It is a clear victory for "gender-critical" feminism and a setback for the inclusivity agenda promoted
by trans rights activists.
6
Health Secretary to investigate surge in ADHD and autism diagnoses
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Health Secretary Wes Streeting has ordered an investigation into the sharp rise in neurodivergence diagnoses
and associated disability benefit claims. The government is concerned about the increasing fiscal burden
on the welfare system and the risk of over-diagnosing what may simply be normal behavioral variations.
The review's findings could lead to stricter eligibility criteria and spark political backlash from
disability rights organizations.
THE DAILY TELEGRAPH
State surveillance, Chinese influence in schools, A&E crisis, and Budget leaks.
1
Police to get access to passport database for facial recognition
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The UK Home Office plans to grant police access to the passport photo database of all 45 million citizens
for use in live facial recognition systems. This is a fundamental step towards ubiquitous biometric surveillance,
affecting law-abiding people and criminals alike. Human rights groups sharply criticize the initiative,
but ministers present it as a breakthrough tool for fighting crime and disorder.
2
Mandarin language program teaches children Taiwan is part of China
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Teaching materials used in the government's Mandarin Excellence Programme present Taiwan
as part of the PRC, fully mirroring Beijing's political line. This shows how Chinese "soft power" can penetrate
the British education system through language and cultural initiatives. The scandal will fuel demands to review partnerships
with institutions linked to the Chinese state and tighten control over content reaching classrooms.
3
A&E departments overwhelmed by patients with hiccups and colds
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New data shows A&E departments are inundated with people presenting with minor ailments — like hiccups or mild colds.
This is a symptom of primary care collapse: when a GP is inaccessible, patients go straight to the hospital.
Authorities want to shift more load to pharmacies to reduce pressure on the NHS before winter,
but this won't solve the system's deep structural problems.
4
Labour MP suspended for voting against 'farm tax' on inheritance
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Labour MP Markus Campbell-Savours has had the whip removed after becoming the only faction member
to vote against plans for inheritance tax on farms. The harsh reaction shows how nervous
leadership is about rural voter anger. It is also a warning to potential rebels: dissent
on key economic measures will not be tolerated in Keir Starmer's party.
5
Chancellor Reeves launches inquiry into budget leaks to press
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Chancellor Rachel Reeves has ordered an internal inquiry to identify the source of leaks
that rattled markets ahead of the budget announcement. The move aims to restore discipline in the ministry and shift blame
for negative market reaction onto unnamed "saboteurs." The episode undermines confidence in the new economic team's ability
to manage communications and investor expectations.
6
Foreign Office found guilty of delaying reaction to Harry Dunn death
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An independent report concluded that the UK Foreign Office acted too slowly in the case of teenager Harry Dunn,
killed in a crash involving a US diplomat's wife. The findings confirm that priority was given to
preserving "smooth" relations with Washington rather than protecting a British citizen's rights. The report calls for a rethink
of how diplomatic immunity applies involving serious crimes and massive public outcry.
DAILY EXPRESS
Business taxes, war with doctors' unions, Royal visit, and victims' rights.
1
Kemi Badenoch accuses Starmer of 'destroying' small business with tax hikes
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Prominent Tory Kemi Badenoch attacks the government over tax hikes for the hospitality sector,
calling Labour's approach a "mission to destroy the English high street." The opposition is trying to re-establish itself
as the defender of small business and entrepreneurs, playing on budget discontent. This is a central line
of attack for Conservatives seeking to restore economic credibility with their traditional base.
2
Health Secretary calls striking doctors 'moaners' and 'delinquent teenagers'
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Wes Streeting has sharply toughened rhetoric against the British Medical Association, refusing to budge on pay
and calling some strikers "moaners" and "juvenile delinquents." For a Labour Health Secretary,
such an aggressive tone is highly unusual and aims to show the government won't be held hostage by unions.
This risky move will either break the strike or leave the NHS paralyzed on the brink of winter.
3
Police expand use of facial recognition despite privacy fears
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Authorities are pushing further deployment of facial recognition technology, brushing aside human rights objections.
Daily Express frames this as a "tough but necessary answer" to public demands for order.
The conflict over surveillance is becoming a cultural fault line between liberal urban opinion
and a more conservative electorate that prioritizes safety over abstract privacy arguments.
4
New laws ban lawyers from using victims' sexual history in rape trials
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The government is introducing reforms preventing defense lawyers from weaponizing a rape victim's
past sexual life in court. The changes aim to increase conviction rates for sexual offenses
by protecting complainants from humiliating cross-examination. The move addresses years of criticism regarding
the justice system's failure to deliver effective rape investigations, though some lawyers warn
it could limit the right to a full defense.
5
Princess of Wales outshines everyone at banquet with German President
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The newspaper emphasizes the glamour of the state banquet, presenting the Princess of Wales as the evening's main star.
Her vibrant presence reinforces the monarchy's image as a symbol of stability and continuity amidst political turmoil.
The successful visit is also important for maintaining ties with Europe's largest economy in the post-Brexit period —
the Royal Family remains a key instrument of British "soft power."
6
Charities report record demand for food among pensioners
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A sharp rise in the number of elderly people forced to turn to food banks testifies
to a growing cost-of-living crisis among pensioners. For the Express audience, stories of the elderly
relying on charity for basic nutrition are politically explosive. The trend
is a direct indictment of the government, which cut winter heating payments, making old-age poverty
one of the most sensitive topics on the current economic agenda.