UK PM Starmer has made clear to allies that he will stand and fight if Wes Streeting succeeds in triggering a leadership contest, via The Times
This development signifies potential instability within the UK Labour Party if a leadership contest is triggered.
Iran Foreign Minister says "In clear attempt to sow discord, Kuwait has unlawfully attacked an Iranian boat and detained 4 of our citizens in the Persian Gulf. This illegal act took place near island used by the U.S. to attack Iran."
Fed's Collins (2028 voter) says top of mind to understand what's happening with private credit, and in markets, anything that expands rapidly gets Fed attention
UK PM Starmer has made clear to allies that he will stand and fight if Wes Streeting succeeds in triggering a leadership contest, via The Times
Paypal (PYPL) partners with Anthropic to close the AI Gap for small businesses
Republican Sen. John Kennedy said that he will support a key cryptocurrency bill in the Senate Banking Committee, Semafor reports
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PM Starmer's commitment to stand and fight indicates he anticipates serious challenges but also wants to consolidate his position. Such political shifts could influence market sentiment and volatility in UK assets, especially if they lead to significant policy changes or shift the government’s approach to key economic issues.
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