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UEFA warns Infantino over document destruction as Wales withdraws backing
Wales has become the first national football association to publicly withdraw its support for Gianni Infantino’s bid to remain FIFA president from 2027 to 2031, marking the culmination of the fallout from his abandoned plan to sell equity in FIFA competitions. The dispute escalated from an internal governance disagreement into open political opposition to Infantino’s…
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Coordinated dollar-yen intervention by US and Japan first since 2011
Japan and the United States carried out a coordinated intervention in currency markets on 3 August 2026, the first joint action of its kind between the two countries since 2011, after the yen fell to a forty-year low against the dollar. The Japanese Finance Ministry and the US Treasury jointly bought yen to arrest its…
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Count Binface could get 20% of vote in Clacton by-election, new poll shows
Some 20 per cent of Clacton voters to back Count Binface in Nigel Farage’s constituency
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Furious UEFA warned Gianni Infantino NOT to destroy botched World Cup plan documents with lawsuit threatened before FIFA president abandoned his plot
UEFA formally warned FIFA president Gianni Infantino not to destroy any documents relating to a botched, now-abandoned World Cup plan, threatening legal action had evidence been tampered with. The episode marks a serious escalation between European football’s governing body and FIFA, reflecting UEFA’s fury both at the substance of the scheme and at how Infantino…
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AstraZeneca holds talks with Bristol Myers Squibb over $400bn merger
AstraZeneca, Britain’s biggest drugmaker, is in talks to take over its US rival Bristol Myers Squibb in a deal that would create a near-$400bn (£300bn) pharmaceutical group. The tie-up would rank among the largest pharmaceutical mergers ever and would create the world’s fourth-biggest drugmaker by market value, significantly expanding AstraZeneca’s presence in the United States,…
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Israel says it has serious concerns with Hamas disarmament deal
Israel has voiced “serious security concerns” about a proposed Hamas disarmament deal announced last week by US President Donald Trump, even as Israeli forces continue strikes in Gaza. Doron Spielman, a spokesperson for Prime Minister Benjamin Netanyahu’s office, said Israeli intelligence suggests Hamas remains committed to rebuilding its military rather than genuinely disarming, warning that…
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South Korea ditches ‘denuclearization-first’ strategy. What will Pyongyang do next?
South Korea has formally abandoned its long-standing “denuclearization-first” approach to North Korea, shifting instead towards a strategy that prioritises freezing Pyongyang’s nuclear programme through reciprocal concessions rather than insisting on the immediate dismantlement of existing weapons. The change, announced by Unification Minister Chung Dong-young on 23 July 2026 and acknowledged by President Lee Jae Myung…
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Education secretary vows to undo Gove’s ‘straitjacket’ school reforms
Education Secretary Lucy Powell has announced a review into whether school teaching adequately prepares pupils for adult life, accusing the current system of trapping children in an academic “straitjacket” that leaves too many branded failures. Writing in The Times, she signalled a broader move to reverse reforms introduced by former education secretary Michael Gove, arguing…
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UK economy faces recession if strait of Hormuz remains closed, EY warns – business live
EY has warned that the UK economy could tip into recession next year if the strait of Hormuz remains closed, as the conflict-hit waterway continues to disrupt global energy markets. The consultancy’s latest outlook says GDP growth could slow sharply to 0.5% this year and contract by 0.2% in 2027 if the closure persists into…
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Inside David’s ‘Project K’ and the relentless 12-year campaign to get Becks the only prize he ever really wanted – a knighthood: PART THREE of ALISON BOSHOFF’s bombshell new book
David Beckham’s knighthood, conferred by King Charles at an investiture on 4 November 2025, is revealed to be the culmination of a 12-year campaign nicknamed “Project K”, according to journalist Alison Boshoff’s new book. The former footballer, described as a lifelong royalist with ambitions to be embraced by the establishment, called the honour more meaningful…