Investors are raising concerns about the possibility that London is trying to increase its borrowing limits to help fund its militarization in response to what its government sees as a heightened risk from Russia.
PRO-ISRAEL U.S. AMBASSADOR HUCKABEE SAYS IT’D BE ‘FINE’ IF ISRAEL TOOK OVER MUCH OF THE MIDDLE EAST
Mike Huckabee, the pro-Zionist U.S. ambassador to Israel, said in an interview last week that he believes it would be “fine” if Israel claimed much of the Middle East, stating that God promised the land to his chosen people.
SPOTLIGHT: BIGS GETTING BIGGER
Chicago-based asset manager Nuveen will buy Schroder’s, the iconic, 200-year-old London financial services firm, for $13.5 billion.
SPOTLIGHT: THE AUTO INDUSTRY’S ROUGH ROAD
Nissan Motor will post losses totaling $4.2 billion this fiscal year as it continues its restructuring plan to survive in a global market defined by weak auto sales, U.S. tariffs, and a slower-than-expected shift among consumers to electric cars.
LIBERTY WITHOUT STRINGS
Last week, the U.S. Circuit Court of Appeals for the Fifth Circuit, which covers Louisiana, Mississippi and Texas, ruled that the problem of undocumented immigrants in the U.S. is so acute and vast and the Fourth Amendment so burdensome and time-consuming that it should cut some constitutional corners.
BEIJING CLAMPS DOWN ON CHINA’S AI STOCK BOOM
While U.S.-listed stocks related to artificial intelligence (AI) swell their valuations unchecked, Chinese officials are taking steps to quell what might be seen as irrational exuberance.
U.K. ECONOMY MANAGES TO GROW FOR A SECOND YEAR
The British economy grew 1.3 percent last year, building on 2025’s 1.1-percent expansion, the U.K.’s Office for National Statistics reported. The GDP advanced 0.1 percent in each of last year’s third and fourth quarters.