Author: staff

Burnham has said that options could include membership of the single market or customs union, but also rejoining wholesale. Barnier, however, said there can be “no cherry-picking” when it comes to joining the single market — a line he often used as Brexit negotiator. Barnier, who spent roughly three months as French prime minister in 2024 before falling to a vote of no confidence in parliament, also weighed in on next year’s presidential election in his home country. He called the current atmosphere in French politics “pre-insurrectionary” and said he regrets that two radical candidates who want to fundamentally reshape…

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Argentine President Javier Milei and Spanish Prime Minister Pedro Sánchez came face to face on Thursday morning at the 30th edition of the Ibero-American Summit in Madrid, exchanging a brief and visibly distant greeting. The encounter came just two weeks after Milei described Sánchez as an “unpresentable dictator”, in the latest episode of a long-running political dispute between the two leaders. Their relationship has been strained for years, with ideological differences repeatedly escalating into personal attacks. Tensions reached a diplomatic crisis in May 2024, when Spain withdrew its ambassador from Buenos Aires after Milei criticised Sánchez and his wife, Begoña…

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By&nbspDoloresz Katanich&nbspwith&nbspAP Published on 5 November 2026 – 13:32 GMT+1•Updated 13:37 In a widely expected move, the Bank of England raised its main interest rate to 4% from 3.75% on Thursday. The main cause of the rise in inflation this year has been down to the sharp increase in fuel costs because of the Iran war and the ensuing bottlenecks in the Strait of Hormuz, which have squeezed global oil and gas supplies. Thursday’s increase was the first since August 2023. Eight policymakers voted for the quarter-point increase, while one wanted a larger, half-point rise. The pressure on the Bank…

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By&nbspDogyu Lee and Euronews Doha bureau Published on 5 November 2026 – 13:07 GMT+1 South Korea plans to extend its naval patrols from the Gulf of Aden to waters near Oman after a rise in piracy off Somalia’s coast, its defence ministry said on Thursday. The navy’s Cheonghae Unit has escorted merchant ships off Somalia since 2009. Under the plan, it would also patrol near Duqm, a port in Oman about 650 kilometres from the Strait of Hormuz. The patrols would stay outside the strait, and the unit would remain under South Korean command. South Korea’s defence ministry said 36…

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Uzbekistan’s national poverty rate fell from 17% in 2021 to 5.8% in 2025, according to the World Bank’s Poverty and Equity Assessment. At a recent press conference, the country’s Ministry of Employment and Poverty Reduction reported a further decline to 3.6% during the first nine months of 2026. The World Bank estimates that approximately 3.7 million people moved above the national poverty line between 2021 and 2025. Using the Bank’s upper-middle-income poverty benchmark of $8.30 per person per day, adjusted for purchasing power, Uzbekistan’s poverty rate declined from 38.1% to 12.4% over the same period. Of the approximately 21 million…

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A coalition of more than 150 organisations has announced plans to build European alternatives to Big Tech’s social media, a movement backed by Brussels. It arrives as an alternative to some governments’ attempts to ban children from existing platforms, an approach that is running into trouble in court. This week, Australia defended its world-first ban on under-16s holding social media accounts before the country’s High Court. Reddit and the rights group Digital Freedom Project argue it breaches an implied constitutional freedom of political communication. It has closed five million accounts since December, but ministers admit it has not been as…

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“1) End the war. 2) Focus on cost of living/inflation. 3) Put America First. 4) Change our relationship to Israel,” Vance argued, in a missive that he personally drafted and which marked his first post-election attempt to distance himself from a war that U.S. President Donald Trump has repeatedly defended. The U.S. and Israel attacked Iran on Feb. 28 this year, decapitating much of its top leadership. But the Tehran regime retaliated by attacking U.S. targets in the Middle East and closing off the Strait of Hormuz — a vital maritime chokepoint for the supply of oil and gas —…

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Published on 5 November 2026 – 11:38 GMT+1 North Korea lashed out at the European Union over its draft UN resolution addressing human rights in the country, state media reported on Thursday, telling the bloc to “mind its own business”. Pyongyang has long been accused by the United Nations and other critics of widespread rights abuses, including running prison camps and severely restricting freedom of expression and access to information, while little is known about its criminal justice system. The UN General Assembly has adopted a resolution condemning North Korea’s human rights violations every year since 2005. “The EU submitted…

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Published on 5 November 2026 – 11:21 GMT+1 Düsseldorf-based Rheinmetall AG saw its shares plunge more than 17% by 10:00 CET on Thursday after the German defence group cut its annual sales and profit margin forecasts. In a statement released on Wednesday evening, the company said it now expects revenue of approximately €13.2bn for 2026, down from its previous forecast of €13.7bn–€14.2bn. The operating margin is expected to reach around 18.5%, down from 19%. The company said a major German military order under the Arminius project was now unlikely to be placed this year, pushing the associated advance payments and…

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