Senior US officials are warning that the fallout from the conflict with Iran could trigger a major retreat of Gulf capital from the United States.President Donald Trump is set to convene a Cabinet meeting to address the growing tensions and their wider implications.A report in Politico cites anonymous insiders who say strikes linked to Iran have alarmed Gulf leaders. Officials from countries...

President Trump has signaled a desire to step back from the conflict with Iran, but his approach remains muddled as Washington balances threats and talks.In a dramatic 48-hour stretch this week, the Pentagon ordered more than 1,000 paratroopers toward Iran while US negotiators sent Tehran a new 15-point peace proposal.The White House publicly urged acceptance even as it warned of tougher action...

Denmark's Social Democrats emerged as the largest party in Tuesday's election but failed to secure the parliamentary majority needed to govern alone.Prime Minister Mette Frederiksen's party took 21.9% of the vote and won 38 seats — its weakest result in more than a century.The left-leaning “red bloc” has a narrow lead with 84 seats, while the centre-right “blue bloc” holds 77. Neither...

Larry Fink, chief executive of asset manager BlackRock, warned that oil at around $150 a barrel would likely push the global economy into a deep downturn.He told the BBC that if tensions with Iran persist and energy prices remain elevated, the fallout would be severe for growth and living standards.Fink, who runs a firm with about $14 trillion under management, outlined two broad paths for the...

Chancellor Rachel Reeves says the government is drawing up contingency plans to shield the most vulnerable households if the war in the Middle East drives UK energy costs higher.Reeves warned the full economic fallout is still unclear but promised measures would focus on those most in need, while sticking to borrowing limits and a goal of keeping inflation and interest rates down.Households in...

Chancellor Rachel Reeves will tell MPs how the UK plans to respond if the war in the Middle East pushes energy bills higher.Her Commons statement will cover three main areas: a short assessment of the economic fallout, measures to bolster energy security, and the principles that would guide any future household support.On energy security, Reeves will recommit the government to building more...

Crown Princess Mette-Marit has agreed to speak publicly about her contacts with the late Jeffrey Epstein in an interview due to air on NRK on Friday.The conversation, filmed at the couple’s Skaugum residence alongside Crown Prince Haakon, comes as her son’s high-profile trial reaches its conclusion.Marius Borg Høiby’s seven-week trial in Oslo District Court began in February and has drawn...

A string of attacks on a major gas field shared by Iran and Qatar has pushed energy markets higher and put fresh strain on the U.S.-Israel partnership.Israeli forces struck facilities in the South Pars field, one of the world’s largest gas reserves, and Iran responded by targeting an energy complex in Qatar.The tit-for-tat exchange prompted a fierce post from US President Donald Trump on his...

Survivors who fled northern Mali say Russian-linked mercenaries carried out summary killings, brutal interrogations and other abuses as part of counter-insurgency operations, forcing thousands to escape across the border.One man, who is now in a refugee camp in Mauritania, described being seized in the town of Nampala last August and subjected to repeated water torture and threats after fighters...

Samir Shah, chair of the BBC, told MPs he intends to remain in post and tackle the problems exposed by the Panorama edit of a Donald Trump speech.Apologising for mistakes and their effects, Shah said his priority is to stabilise the corporation and lead a programme of fixes rather than step aside.The row began after a leaked internal memo from former editorial adviser Michael Prescott warned of...