North Sea Oil Fight Escalates As Starmer Cites Legal Limits

EUR Drops As ECB Hikes Rates (As Expected); Raises Inflation Outlook, Sees Downside Growth Risks The European Central Bank increased interest rates for the second time since the Iran war broke out in February, responding to signs inflation is set to stay well above 2%. The deposit rate was lifted by a quarter-point to 2.5% on Thursday, as predicted by almost all economists in a Bloomberg survey. “The conflict in the Middle East continues to generate inflation pressures, and inflation is set to remain well above target for an extended period,” it...

Huge Provocation: Russia-Installed Official In Ukraine Hosts Talks With North Korean Envoy Both Kiev and Washington have been met with a new provocation related to North Korea's role in supporting Russia during the over four-year long Ukraine war, at a moment Russia continues to claim sovereignty over Donetsk, Kherson, Luhansk and Zaporizhzhia oblasts. Ukraine and its Western backers have vehemently rejected Russia's hold on Ukrainian territory, and efforts to annex and politically normalize the occupation. But now, for the first time a Russian-installed official in Kherson is hosting North Korean diplomats in...

Trump's Cryptic "The End Is Near" Post Sends Internet Into A Frenzy Authored by Steve Watson via Modernity.news, In a development that quickly fueled online speculation, President Trump posted a video of Frank Sinatra performing his signature hit “My Way” on social media with no accompanying text or explanation. The move came just hours after he convened a high-level meeting in the White House Situation Room to discuss the ongoing standoff with Iran over the Strait of Hormuz. The post featured the classic track whose lyrics speak of independence and resolve. While Trump has long used...