Prime Minister Keir Starmer said on Monday he would resign, with a new leader to be in place by the time parliament returns in September, paving the way for Britain to have its seventh leader in 10 years.
Category: News
Keir Starmer was once hailed as the leader who would bring pragmatism and stability to Britain after years of political chaos. When he quit as prime minister on Monday, the very lack of ideology that propelled him to power drove his downfall.
Moscow shot down dozens of drones in the early hours of Monday and briefly suspended flights at airports, authorities in the Russian capital said, just days after Ukraine hit the city’s oil refinery again.
The tensions that drove the historic rupture – over immigration and ideology – remain.
Prime Minister Keir Starmer is expected to usher in an orderly transfer of power to rival Andy Burnham, paving the way for Britain’s seventh leader in a decade.
Four liquefied natural gas tankers controlled by Qatar were heading into the Strait of Hormuz on Monday, despite a fall in ship traffic after Iran announced that it had again closed the waterway over the weekend, shipping data showed.
Japanese financial authorities kept markets guessing over possible intervention to support the embattled yen, with Finance Minister Satsuki Katayama reiterating that Tokyo “will respond appropriately to currency moves at any time.”
A look at the day ahead in European and global markets from Wayne Cole.
SK Hynix on Monday overtook Samsung Electronics to become South Korea’s most valuable listed company, marking a dramatic reversal of fortunes for a chipmaker that two decades ago nearly collapsed under debt.
Asian share markets swung higher on Monday as Iranian negotiators said progress had been made in peace talks with the United States, helping calm fears the process was breaking down.