Tag: U.K

‘Serious Problems’: Global Plague of Recessions Could Infect U.S., Experts Say

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The recessions currently plaguing several major countries around the world could be what drags the U.S. into an economic downturn of its own, experts told the Daily Caller News Foundation.

Germany announced on Monday that it fell into a technical recession in the fourth quarter of 2023, after reporting its second month in a row of negative growth, following several other top nations experiencing economic difficulties. While the U.S. has managed to avoid a recession due to its size and diverse industries, foreign economic malaise may drag the U.S. economy down through changes to trade and global inflation that would lead to a loss for American businesses, experts told the Daily Caller News Foundation.

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Trip to U.K. Solidifies Possible Financial Help with Property Insurance Reform

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As part of the last leg of a four-country trade mission, Florida Gov. Ron DeSantis met with political and business leaders in the U.K. to address ongoing and new trade relationships. He also secured a commitment from British companies to increase access to property insurance carriers to stabilize Florida’s market.

While in London, DeSantis met with Foreign Minister James Cleverly and MP Kemi Badenochs, the Secretary of State for Business and Trade and president of the Board of Trade in the UK.

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The Heavy Favorite to Replace Boris Johnson as U.K.’s Next Prime Minister Described as a ‘Thatcherite’

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Liz Truss, the United Kingdom’s foreign secretary, believes in limited government and low taxes in the vein of former leader Margaret Thatcher — and that’s why she’s set to be the U.K.’s next prime minister, Nile Gardiner, a researcher at the Heritage Foundation and former Thatcher aide, told the Daily Caller News Foundation.

A former Liberal Democrat who at one point called for the abolition of the royal family and opposed Brexit even after establishing herself as an exemplar of the conservative Tories, Truss has overtaken Britain’s top financial minister, Rishi Sunak, in the race to replace Prime Minister Boris Johnson. Her “Thatcherite” qualities, referring to the “Iron Lady” Margaret Thatcher who championed national strength and fiscal restraint, make her the candidate Britain sorely needs, Gardiner told the DCNF.

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U.K. Prime Minister Boris Johnson Hospitalized with Coronavirus After 10 Days in Self-Quarantine

Christina Botteri

The UK’s Office of the Prime Minister announced in a brief statement Sunday that Boris Johnson has been hospitalized on the advice of his doctor.

“The Prime Minister has tonight been admitted to hospital for tests,” the statement said, adding:

This is a precautionary step, as the Prime Minister continues to have persistent symptoms of coronavirus ten days after testing positive for the virus.

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