Consumer confidence in where the economy is headed hits 12-year low

Figures in No 10 are expressing concerns that the Office for Budget Responsibility’s (OBR) twice-yearly reports undermine Rachel Reeves’ plan to abolish the spring statement. Previously, Labour had pledged to uphold the OBR as a vital institution, but after a challenging spring statement, there is growing skepticism within the party about its role. While Labour MPs are voicing discontent, the fiscal rules remain intact, leading to significant frustration with the OBR, which is seen as...

SummaryThe Guardian reports that Ukraine and the US are set to sign a memorandum of intent next week regarding a minerals deal, which aims to establish a joint investment fund, acknowledging US support during the Russian invasion. Meanwhile, a recent Russian missile attack on Kharkiv resulted in one death and 82 injuries, prompting President Zelenskyy to condemn the violence and highlight ongoing strikes on civilian infrastructure. Additionally, China has denied allegations of supplying lethal weapons...

A Russian missile attack on Kharkiv, Ukraine, resulted in one death and 82 injuries, including six children, damaging multiple apartment buildings and a business, as reported by officials. Ukrainian President Volodymyr Zelenskiy condemned the attack, which involved four missiles, three of which were ballistic with cluster warheads, and emphasized the need to confront "Russia's terror machine." Additionally, a drone strike in Sumy killed one and injured another at a factory, highlighting ongoing violence despite a...

Authorities at the Philip S.W. Goldson International Airport in Belize reported a hijacking incident involving U.S. man Akinyela Taylor, who attacked two passengers and a pilot with a knife before being fatally shot by a licensed passenger. The plane, carrying 14 passengers and 2 crew members, circled for two hours before landing safely, with local police commissioner Chester Williams praising the passenger as a hero. U.S. officials are investigating the motive behind the hijacking and...

SummaryKevin Barry, a dedicated member of the Western Springs Speedway safety crew, tragically died in a workplace accident at a Whangārei location. In his 60s, Barry was celebrated for his generosity and had served in this role for decades, earning him great popularity among friends and colleagues. A Givealittle page has been established to assist with funeral expenses and support his family during this difficult time. Full Article

SummaryFormer Credit Suisse CEO Tidjane Thiam has announced his candidacy for president in Ivory Coast's upcoming election as the sole representative of the PDCI, the main opposition party. After living abroad for two decades, Thiam relinquished his French citizenship to participate in the election, having previously held high-ranking positions in international firms, including Aviva and Prudential. At the PDCI convention, he was selected without opposition, and while the current president, Alassane Ouattara, has expressed interest...