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Sunday, May 25, 2025
London Journal | The Voice of London
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    Benjamin Netanyahu slams Keir Starmer for ’emboldening Hamas’ after UK calls for ceasefire & aid for Gaza

    Benjamin Netanyahu slams Keir Starmer for ’emboldening Hamas’ after UK calls for ceasefire & aid for Gaza

    Bizarre moment Trump plays ‘white genocide’ video as he schools President Ramaphosa in fiery White House meeting

    Bizarre moment Trump plays ‘white genocide’ video as he schools President Ramaphosa in fiery White House meeting

    Fury as Dunkirk Little Ships flotilla forced to change course in Channel to avoid migrant boat

    Fury as Dunkirk Little Ships flotilla forced to change course in Channel to avoid migrant boat

    Paedophiles and other sex criminals will be castrated in tough new crackdown to dull their twisted sexual urges

    Paedophiles and other sex criminals will be castrated in tough new crackdown to dull their twisted sexual urges

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      News diary 26 May – 1 June: Russell Brand in court, disposable vape ban comes in

      News diary 26 May – 1 June: Russell Brand in court, disposable vape ban comes in

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      Redbird buys Telegraph in £500m deal with Abu Dhabi to keep minority stake

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        Martian ‘kneeling to pray’, monstrous spiders, secret doorway and Ghandi’s FACE – the creepiest pics of Mars ever taken

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        Mysterious mummy with face tattoos STILL visible after 800yrs found & scientists are baffled by the ink that was used

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        China and Russia make deal to build power station on the MOON by 2036 as part of vast Disneyland sized lunar space-base

        China and Russia make deal to build power station on the MOON by 2036 as part of vast Disneyland sized lunar space-base

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        UFC chief Dana White suddenly CUT from Canelo Alvarez vs Terence Crawford fight

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        Johnny Fisher vs Dave Allen 2 fight purse: How much money will both boxers get paid for huge rematch?

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        Discover Amsterdam’s beauty from the water

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        Eromosele Gideon Eigbiremolen Unveils Sustainable Vision for SS24 with Burvain's Latest Collection.

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        Benjamin Netanyahu slams Keir Starmer for ’emboldening Hamas’ after UK calls for ceasefire & aid for Gaza

        Benjamin Netanyahu slams Keir Starmer for ’emboldening Hamas’ after UK calls for ceasefire & aid for Gaza

        Bizarre moment Trump plays ‘white genocide’ video as he schools President Ramaphosa in fiery White House meeting

        Bizarre moment Trump plays ‘white genocide’ video as he schools President Ramaphosa in fiery White House meeting

        Fury as Dunkirk Little Ships flotilla forced to change course in Channel to avoid migrant boat

        Fury as Dunkirk Little Ships flotilla forced to change course in Channel to avoid migrant boat

        Paedophiles and other sex criminals will be castrated in tough new crackdown to dull their twisted sexual urges

        Paedophiles and other sex criminals will be castrated in tough new crackdown to dull their twisted sexual urges

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          News diary 26 May – 1 June: Russell Brand in court, disposable vape ban comes in

          News diary 26 May – 1 June: Russell Brand in court, disposable vape ban comes in

          Redbird buys Telegraph in £500m deal with Abu Dhabi to keep minority stake

          Redbird buys Telegraph in £500m deal with Abu Dhabi to keep minority stake

          How The Economist is building engagement to reduce subscriber churn

          The new skills journalists need in the era of generative AI

          Trending Tags

          • Tech
            Martian ‘kneeling to pray’, monstrous spiders, secret doorway and Ghandi’s FACE – the creepiest pics of Mars ever taken

            Martian ‘kneeling to pray’, monstrous spiders, secret doorway and Ghandi’s FACE – the creepiest pics of Mars ever taken

            Mysterious mummy with face tattoos STILL visible after 800yrs found & scientists are baffled by the ink that was used

            Mysterious mummy with face tattoos STILL visible after 800yrs found & scientists are baffled by the ink that was used

            China begins assembling AI supercomputer in SPACE made of thousands of satellites circling Earth that talk using lasers

            From lost cities to eerie ‘ghost dogs’ – six mysterious discoveries from deep inside the Amazon rainforest

            Humans ’emit mysterious light that disappears when we die’ – as scientists say we really do ‘glow’ with health

            Humans ’emit mysterious light that disappears when we die’ – as scientists say we really do ‘glow’ with health

            China and Russia make deal to build power station on the MOON by 2036 as part of vast Disneyland sized lunar space-base

            China and Russia make deal to build power station on the MOON by 2036 as part of vast Disneyland sized lunar space-base

          • Health
          • Science

            We’ve probably already been discovered by aliens, but they have some pretty good reasons to hide.

            Almost everyone is said to benefit from a scientifically supported method for improving sleep.

            2,500-year-old rock engravings were found near Mosul, Iraq.

            Is the soul of a person eternal? the findings of scientists

            With its most recent move, is General Electric abandoning wind power?

          • Crypto
          • Entertainment
            • All
            • Gaming
            • Sports
            UFC chief Dana White suddenly CUT from Canelo Alvarez vs Terence Crawford fight

            UFC chief Dana White suddenly CUT from Canelo Alvarez vs Terence Crawford fight

            Johnny Fisher vs Dave Allen 2 fight purse: How much money will both boxers get paid for huge rematch?

            Johnny Fisher vs Dave Allen 2 fight purse: How much money will both boxers get paid for huge rematch?

            UFC 315 – Belal Muhammad vs Jack Della Maddalena: Time, TV channel, live stream & full card for welterweight title fight

            UFC 315 – Belal Muhammad vs Jack Della Maddalena: Time, TV channel, live stream & full card for welterweight title fight

            Tyson Fury given fresh hope of Oleksandr Usyk trilogy as rival agrees to Gypsy King’s blunt fight demands

            Tyson Fury given fresh hope of Oleksandr Usyk trilogy as rival agrees to Gypsy King’s blunt fight demands

            ‘Certainly wasn’t perfect’ – Amanda Balionis reveals struggles to get back to normal routine after Masters

            ‘Certainly wasn’t perfect’ – Amanda Balionis reveals struggles to get back to normal routine after Masters

          • Lifestyle
            • All
            • Fashion
            • food
            • Home improvement
            • Travel

            Discover Amsterdam’s beauty from the water

            An adventure on the canals of Amsterdam

            An adventure on the canals of Amsterdam

            Eromosele Gideon Eigbiremolen Unveils Sustainable Vision for SS24 with Burvain's Latest Collection.

            Eromosele Gideon Eigbiremolen Unveils Sustainable Vision for SS24 with Burvain’s Latest Collection.

            after builders cleaning

            After Builders Cleaning Services in UK with Cliffycox: Reviving Spaces, Redefining Cleanliness

            Creating an Oasis Deponti Glass Room Products and Maze Outdoor Kitchens

            Creating an Oasis: Deponti Glass Room Products and Maze Outdoor Kitchens

            Choosing the Right Type of Mallet

            Choosing the Right Type of Mallet

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          Trump’s tariff war wiped £6.6tn off world’s stock markets as unfazed Don threatened to slap another 50% levy on China

          by Anderson
          April 8, 2025
          in Politics
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          DONALD Trump’s tariff war with the world caused another day of huge hits for stock markets — as he joked with a baseball team.

          More than $8.5trillion (£6.6trillion) has now been wiped off international stock markets since Mr Trump unleashed his so-called “Liberation Day”.

          President Trump holding a Los Angeles Dodgers jersey with other people.
          AFP

          Trump’s tariff war with the world caused another day of huge hits for stock markets — as he joked with a baseball team[/caption]

          Traders on the floor of the New York Stock Exchange.
          AFP

          More than $8.5trillion (£6.6trillion) has now been wiped off international stock markets since Trump unleashed his so-called ‘Liberation Day’[/caption]

          The unfazed US President threatened to slap another 50 per cent of tariffs on China after Beijing fired back with their own 34 per cent retaliatory levies.

          The move — on top of the eyewatering 54 per cent import taxes sprung on China last week — could plunge trade between the rival super- powers into the deep freeze, sparking a major global recession.

          Friends begged the President to delay “economic nuclear war” after stocks were pounded for a third day, but he dismissed the turbulence as “medicine.”

          Some 13.5 per cent was wiped off some markets — making the self-inflicted economic hit half as bad as the infamous 1987 Black Monday crash.

          The market turmoil was ranked worse than the advent of World War Two, 9/11 and the start of the Covid 19 pandemic.

          Hopes Mr Trump could inject a 90-day delay to global tariffs briefly saw markets rally in the afternoon, only for gains to evaporate as the White House dismissed the online rumours as “fake news.”

          After markets nosedived and he took a swing at China, he was pictured with World Series winners the LA Dodgers, who gathered at the White House to meet him after claiming the 2024 title.

          The President then held a press conference hailing the players as ”the best-looking people I’ve ever seen”.

          But Mr Trump made no mention of the unfolding economic crisis.

          Benjamin Netanyahu also met Mr Trump yesterday, becoming the first foreign leader to visit since he unleashed the tariffs.

          The Israeli PM was greeted outside the White House with a firm handshake as he arrived for talks.

          At a joint press conference, Mr Trump confirmed he would not be pausing tariffs, saying: “We’re not looking at that.”

          Last night, Sir Keir Starmer called for “cool heads” while the European Union made an unprecedented offer to reduce all their tariffs for US goods to zero if they are spared 20 per cent import taxes announced last week.

          Speaking before markets opened late on Sunday, Mr Trump insisted: “I don’t want anything to go down, but sometimes you have to take medicine to fix something.”

          He added that nations must come to him for a deal to spare the tariff pain, gloating: “They are coming to the table.

          President Donald Trump and Israeli Prime Minister Benjamin Netanyahu at the White House.
          Reuters

          Benjamin Netanyahu met Mr Trump, becoming the first foreign leader to visit since he unleashed the tariffs[/caption]

          “They want to talk but there’s no talk unless they pay us a lot of money on a yearly basis.”

          By yesterday morning, the sell-off gathered pace in Asia where markets played catch-up on the jitters after some were closed on Friday due to national holidays.

          In Hong Kong, the Hang Seng index dived by 13.7 per cent – the fourth biggest slump in its history.

          Asian stocks have been pummelled because those countries have the most to lose from harsh tariffs on China, Thailand, Taiwan and South Korea.

          AJ Bell investment director Russ Mould said: “This market sell-off feels brutal because it is relentless. Often, we see one or two bad days then a rebound. We’re now on day three and the sell-off is intensifying, not dying down.”

          Traders also reacted to growing fears of a global recession, with Wall Street bank Goldman Sachs raising the chance to a 45 per cent probability.

          US financier Bill Ackman, who has been a Trump cheerleader, warned the tariffs had caused a “self-induced economic nuclear winter” for the US and urged him to consider a 90-day pause.

          Economic nuclear war

          The billionaire warned: “If, on the other hand . . . we launch economic nuclear war on every country in the world, business investment will grind to a halt, consumers will close their wallets and pocket books, and we will severely damage our reputation with the rest of the world that will take years and potentially decades to rehabilitate.”

          But a fellow billionaire, BlackRock chief Larry Fink, played down the long-term threat of the market turmoil, calling the recent sell-offs as a “buying opportunity”.

          The pain carried into Europe with Germany’s DAX index losing 4.13 per cent and France’s CAC shedding 4.78 per cent.

          In London the FTSE 100 fell by 4.38 per cent. It has lost 11 per cent over three days of trading.

          Tom Stevenson, investment director at Fidelity, said: “The scale of the falls either side of the weekend evoke memories of the 1987 crash.

          “At the time of writing, futures markets were pricing in a third consecutive day of heavy falls for the US market. If this is what transpires, this will be one of the worst weeks in the market since Black Monday in 1987.”

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