IlluMyFi

Chancellor’s visit to EU meeting looks for smoother trade to improve growth but youth mobility scheme remains sticking point

Rachel Reeves is seeking a “deeper, more mature relationship” between Britain and the EU: this was her central message to the bloc’s finance ministers in Brussels a fortnight ago.

In her brief speech to the meeting of her European counterparts – the first a UK chancellor had attended since Brexit – Reeves mentioned the UK’s “relationship” with the EU, nine times.

Sentiment

0.57

Bearish/Bullish

100

22.12.24 02:41

by theguardian.com

Trump threatens to take back Panama Canal over ‘ridiculous’ fees

Trump also warns he would not let a ‘vital national asset’ for the US fall into the ‘wrong hands’

Donald Trump has demanded that the Panama Canal be given back to the US if Panama did not manage the waterway in a fashion that was acceptable to him – and he accused the central American country of charging excessive rates for use of the ocean-connecting ship passage.

“The fees being charged by Panama are ridiculous, especially knowing the extraordinary generosity that has been bestowed to Panama by the US,” Trump wrote on his Truth Social platform late Saturday, a little more than a month before the start of his second US presidency. “This complete ‘rip-off’ of our Country will immediately stop….”

Reuters contributed reporting

Panama