Latest in Scholz Pressure
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Powell, Fed Chair, Will Likely Face Heavy Pressure From Trump
The chair of the Federal Reserve made clear he would not resign, even under pressure. But pressure from the White House is likely, market watchers say.Business - The New York Times - November 8 -
Qatar asks Hamas leaders to leave after US pressure
Washington says militant group’s rejection of deal to release Israeli hostages meant its presence was no longer ‘viable’Business - Financial Times - November 8 -
Russia Explores Plan to Merge Oil Giants Into Mega Producer
The resulting company would be the world’s second-largest crude producer, behind Saudi Arabia’s Aramco, and would pump almost three times the output of Exxon Mobil.World - The Wall Street Journal - November 9 -
Qatar Pauses Efforts to Mediate Stalled Gaza Cease-Fire
The Gulf state’s move reflects frustration with the lack of progress by Hamas and Israel.World - The Wall Street Journal - November 9 -
The Russia-Ukraine War Intensifies, With Drone Attacks, Foreign Troops and Record Losses
The surge in fighting occurs as President-elect Donald Trump pledges to end the conflict.World - The Wall Street Journal - November 10 -
Consumer anger over high prices piles pressure on politicians
Post-Covid inflation rise leaves toxic legacy for governments across rich economiesBusiness - Financial Times - November 11 -
FirstFT: Bitcoin hits a record high
Also in today’s newsletter, Kremlin denies Putin spoke to Trump last week and America Inc’s new chief executiveWorld - Financial Times - November 11 -
Bishop says Welby's position in Church is untenable
Justin Welby said he should have more rigorously followed up the details of John Smyth's abuse in 2013.Top stories - BBC News - November 12 -
Senate GOP turned off by Rick Scott pressure campaign
The pressure campaign being waged by allies of Sen. Rick Scott (R-Fla.) to boost his chances to become the next Republican leader is having a boomerang effect, as it has increasingly antagonized ...Politics - The Hill - November 11 -
Archbishop of Canterbury under pressure to resign over church abuse ‘cover-up’
Justin Welby faces growing calls to step down after report into child abuser John SmythWorld - Financial Times - November 11 -
Continental Posts Higher Profit as Cost Cuts Offset Sales Pressure
The auto supplier reported improved quarterly earnings as cost cuts and strong results at its key divisions mitigated revenue pressures and weakness at its ContiTech unit.Business - The Wall Street Journal - November 11 -
Gulf states wary of return to Trump’s ‘maximum pressure’ against Iran
Saudi Arabia and UAE welcome president-elect but worry he could upend rapprochement with Tehran and inflame Middle East warBusiness - Financial Times - November 12 -
Hume: 'Trump world' pressure to back Scott in leadership race 'likely to backfire'
Brit Hume, chief political analyst at Fox News, suggested Monday that the push from President-elect Trump's allies to elevate Sen. Rick Scott (R-Fla.) into GOP leadership may not go the way they ...Politics - The Hill - November 12 -
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RWE scales back €55bn renewables bet after Trump win
German power producer was already under pressure from shareholders to lift returnsWorld - Financial Times - 6 days ago -
Inside Goldman Sachs’ years-long power struggle over its China venture
A deal with a prominent Chinese banker gave the US group market access, but securing full control cost a lot more than it expectedBusiness - Financial Times - 6 days ago -
Fed Expected to Cut Rates Carefully Amid Inflation Pressures
Inflation is nearing the Fed’s 2 percent goal, but rate cuts will be cautious.Business - Inc. - 5 days ago -
Matt Gaetz feels the heat
The would-be attorney general is facing new pressure this week from his accusers and from Senate Democrats.Politics - Politico - Yesterday -
Trump team aims to bankrupt Iran with new ‘maximum pressure’ plan
President-elect wants to force Tehran to drop its nuclear programme and stop funding regional proxiesBusiness - Financial Times - 3 days ago