The Guardian reports that Mandelson initially failed security vetting, but the Foreign Office overruled the decision to ensure he could get the role

The report highlights significant internal conflicts regarding transparency within the UK government, particularly around the security vetting of Mandelson.

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Fed's Miran (voter) says if he had to update the SEP forecast, he would pencil in 3 interest rates cuts in 2026 (prev. saw 4 cuts before Iran war); interest rates should be slightly below neutral

RBI is urging state-run oil refiners to curb spot dollar buying, Reuters reports citing sources; refiners have been told to use special credit lines via large state-run lenders for FX needs

The Guardian reports that Mandelson initially failed security vetting, but the Foreign Office overruled the decision to ensure he could get the role

US EIA Natural Gas Stocks Change (Apr/10) 59

[WATCH LIVE] Fed's Miran to speak on the global economic outlook

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  • The piece suggests that further documents are set to be released.
  • The piece also suggests that senior government officials have been mulling whether to withhold documents from parliament.
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This could create political tension and potential market volatility, impacting assets sensitive to political stability, such as GBP and UK equities, especially if further documents provoke public or parliamentary scrutiny.

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