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Will Today's British 'Midterms' Spark 'Starmageddon' For The Labour Party?

Will Today's British 'Midterms' Spark 'Starmageddon' For The Labour Party? All eyes on UK local elections (Britain's 'Midterms') today. As JPMorgan's Market Intel desk noted this morning, while the seats up do not influence national policy, Brits have historically used local and regional elections to punish the party in power in Westminster. Reform UK is expected to come out as the main beneficiary of the elections, with Labour the biggest loser. The key risk is that Labour’s poor performance causes MPs to push Starmer out in an attempt to improve the party’s standing ahead of...
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Apr 2, 2026 / Tyler Durden
Australia Considers Emergency Powers To Protect Domestic Gas Supply
Australia Considers Emergency Powers To Protect Domestic Gas Supply Authored by Tsvetana Paraskova via OilPrice.com, Australia’s government intends to consider using emergency powers to protect domestic natural gas supply in case of a shortfall on its east coast in the third quarter of 2026. The potential consideration of using such powers would be part of the steps the Albanese Government is taking to secure domestic gas supplies for Australian households and industry as the Middle East conflict disrupts global energy markets. Australian Minister for Resources, Madeleine King, has given notice of her intention to consider...
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Apr 27, 2026 /
German Chancellor Merz: Iran Is Humiliating the US
German Chancellor Friedrich Merz said that Iran has humiliated the US during the negotiating process. The US and Iran have held a round of talks and exchanged messages through Pakistan, but have been unable to reach an agreement.  “The Iranians are obviously very skilled at negotiating, or rather, very skilful at not negotiating, letting the […]
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Jun 15, 2026 / Tyler Durden
Trump Threatens 100% Tariff On French Wines Over Digital Services Tax
Trump Threatens 100% Tariff On French Wines Over Digital Services Tax Update (0810ET): France's President Emmanuel Macron said Monday he wanted to have a "respectful but firm discussion" with Trump. "We will have a respectful but firm discussion," Macron told TF1 as he prepared to host Trump and other leaders at a G7 summit. "Tariffs don't do anyone any good, especially tariffs between G7 countries," Macron said. As Tom Ozimek reported earlier via The Epoch Times, U.S. President Donald Trump on June 15 threatened to impose a 100 percent tariff on French wines and champagne...
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