In this issue

August 06, 2022

China cuts ties with US amid anger over Pelosi

Relations between the world's two largest economies plummeted into further uncertainty yesterday as China cut ties with the US on a range of critical issues - from talks on the climate crisis to dialogue between their militaries after the visit to Taiwan this week by the US House speaker, Nancy Pelosi.

4 mins

Truss under fire for wanting to review remit of Bank of England

Liz Truss has been accused of being "deeply irresponsible" for threatening to tinker with the Bank of England's mandate on the brink of a recession.

3 mins

Bailey Wild ride for safe pair of hands at the Bank

From safe pair of hands to the government's whipping boy, Andrew Bailey has certainly had a rollercoaster ride as governor of the Bank of England since he was appointed little more than two years ago.

2 mins

Chancellor Kwarteng frontrunner for the job

There are few ministers who clashed more with Rishi Sunak during his time in office than Kwasi Kwarteng, from windfall taxes to net zero. Now the business secretary is among those touted to have a turn in No 11.

2 mins

Sunak should be more transparent about source of riches, says Labour

Labour has called on Rishi Sunak to be more transparent about his finances after the prime ministerial candidate declined to answer questions about the source of hundreds of thousands of pounds he loaned to a company he jointly owned with his wife.

2 mins

Strike by Felixstowe dockers threatens to disrupt supply chains

Dockers at the Port of Felixstowe are planning eight days of strike action over pay that could cause serious disruption to the UK's largest container port.

2 mins

Johnny Depp and Jeff Beck under fire over claims they stole lyrics

Representatives for Johnny Depp and Jeff Beck have said the duo will review allegations they stole lyrics from a poem by an incarcerated man on their collaborative album, 18.

1 min

China ballistic missile drills threaten regional security and peace, says Japan's PM

Japan's prime minister, Fumio Kishida, has condemned Chinese military drills near Taiwan as a "grave problem" and a threat to regional peace and security, after five ballistic missiles landed in Japan's exclusive economic zone (EEZ).

3 mins

View from Beijing Humiliation, anger - and a call to arms for some

When news of Nancy Pelosi's visit broke in China late last month, there was a sense of shock and panic. The Chinese press condemned the US, suggesting it was a breach of the "oneChina principle".

2 mins

Spectre of new summer war as Israeli airstrikes 'kill 10' in Gaza Strip

Israeli warplanes struck numerous sites in the Gaza Strip yesterday in what it claimed to be a preemptive strike against Palestinian factions that it accused of planning rocket attacks at targets inside Israel.

2 mins

Biden's flagship climate bill wins backing from pivotal Democrat

Senate Democratic leaders say they have reached an agreement on the party's major $739bn (£614bn) climate and economic bill with Kyrsten Sinema - the centrist Democrat whose opposition remained a major hurdle to passing the most ambitious US climate legislation yet.

2 mins

Hummingbird feared extinct spotted in Colombian mountains

A rare hummingbird has been rediscovered by a birdwatcher in Colombia after going missing for more than a decade.

1 min

Sri Lankan government 'using intimidation and repression'

The Sri Lankan government has been accused of a draconian crackdown on protesters who were involved in toppling Gotabaya Rajapaksa as president, with activists facing intimidation, surveillance and arbitrary arrest.

2 mins

Zawahiri's legacy Al-Qaida gains in Africa reflect late leader's strategic shift

It was one of Ayman al-Zawahiri’s last victories. Just over a week before the al-Qa ida leader was killed in Kabul by missiles fired from a US drone, the organisation’s biggest affiliate in sub-Saharan Africa struck the most important military base in Mali.

2 mins

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