Skip to main content

Featured

UK Sends First Migrant Back to France Under Controversial ‘One In, One Out’ Scheme

British Prime Minister Keir Starmer and French President Emmanuel Macron agreed a pilot scheme. Britain has deported its first migrant to France under a new “one in, one out” agreement aimed at curbing small boat crossings across the English Channel. The pilot scheme, agreed in July by Prime Minister Keir Starmer and French President Emmanuel Macron, allows the UK to return undocumented arrivals who have travelled through a “safe country” before reaching Britain. In exchange, the UK will accept an equal number of approved asylum seekers from France, prioritising those with family ties in Britain or deemed vulnerable to exploitation. The Home Office confirmed that a man who arrived by small boat in August was flown to Paris on Thursday. The move follows a High Court ruling earlier this week that temporarily blocked the removal of another asylum seeker, highlighting the legal challenges the policy faces. With more than 30,000 people crossing the Channel so far in 2025, the government...
Post a Comment
Read more

article

Labels

Market Resilience Amid Rising Yields and Positive Earnings

 

In a display of resilience, the S&P 500 closed marginally higher after a session marked by volatility, as investors navigated the dual forces of climbing Treasury yields and encouraging corporate earnings, particularly from tech behemoths.

  • Treasury Yields Climb: An auction of $70 billion in five-year U.S. Treasury notes drove yields higher, influencing equity markets. The 10-year Treasury note rose to 4.6459%.
  • Tech Giants’ Earnings: Investors’ attention was captured by earnings reports from major technology companies. Meta Platforms saw a dip in after-hours trading, while Microsoft and Alphabet are poised to report later in the week.
  • Tesla’s Surge: Tesla’s stock leapt by 12% as plans to increase production and introduce more affordable models outweighed its weaker quarterly results.
  • Economic Indicators Awaited: Markets are now looking ahead to the first quarter GDP data and March’s personal consumption expenditures, which could signal the Fed’s interest rate trajectory.

Investors remain cautious yet optimistic as they parse through the latest financial data, seeking signs of stability in a fluctuating economic landscape.

Labels:

Comments

Post a Comment