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Economic Pressure Mounts on PM Starmer as UK Borrowing Costs Rise

U.K. bond yields rose as Prime Minister Keir Starmer faced mounting pressure over his handling of former ambassador Peter Mandelson’s links to Jeffrey Epstein. The controversy has intensified calls from Labour MPs for a leadership challenge, with analysts warning it could mark a tipping point in Starmer’s premiership.

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UK PM Starmer condemns Russian strikes on Ukraine’s energy sites

UK Prime Minister Sir Keir Starmer has condemned Russia’s recent strikes on Ukraine’s energy infrastructure as “barbaric” and “particularly depraved,” hitting power plants and leaving over 1,000 Kyiv apartment blocks without heating amid temperatures of -20°C. The attacks have caused widespread disruption, forced residents into metro shelters, and left key power facilities, including Kharkiv’s plant, damaged, while US-led peace talks continue in Abu Dhabi.

African Commodities, African Markets, African Politics, BUSINESS NEWS, Global Markets, Global Trade, International News, Lifestyle

House Republicans Take Steps to Reopen U.S. Government

House Speaker Mike Johnson said he is confident the three-day partial U.S. government shutdown is coming to an end. He has secured enough support for a procedural vote to reopen most federal agencies, despite Democrats refusing to assist and some resistance within his own party. Negotiations continue on funding for the Department of Homeland Security, including new immigration enforcement measures.

AfCFTA, BUSINESS NEWS, International News

Partial Government Shutdown Begins in US

The United States has entered a partial government shutdown after a funding agreement approved by the Senate failed to pass the House in time.
While most federal agencies secured funding through September, the Department of Homeland Security received only a temporary extension.
Lawmakers are expected to resume negotiations when Congress reconvenes next week.

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