UK PM Starmer pull Chagos deal after Trump backlash
Newsquawk Staff ·
- Plans to hand islands to Mauritius ‘cannot progress’ amid concerns over 1966 treaty between UK and US.
What it means
The report indicates UK PM Starmer's decision to halt the Chagos Islands deal, primarily due to backlash following Trump's comments. This could affect diplomatic relations with the U.S. and may lead to volatility in related currencies like GBP and USD as markets assess the implications for bilateral ties and any potential shift in foreign policy.
Sources
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- Israel has shared intelligence with the US asserting that Iran is considering the use of chemical weapons against its adversaries, information met with alarm by some American officials and deep skepticism by others, NYT reports citing sources
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