FCC Moves to Ban Imports of Foreign Military-Grade Drones Over Security Risks 
Trump Set to Unveil New Tariffs on Dozens of Countries as Global 10% Duty Nears Expiration 
US Sends First Humanitarian Aid Flight to Cuba Under $100M Assistance Plan 
US-Iran Conflict Escalates as Gulf Attacks Threaten Global Oil Supply 
Trump-Aligned MAGA Inc Builds $400 Million War Chest Ahead of Midterm Elections 
US-Backed Pediatric HIV Treatment Drops After Foreign Aid Changes, Study Finds 
Maduro, U.S. Prosecutors Propose June 2027 Trial Date in Drug Trafficking Case 
Maduro U.S. Drug Trafficking Trial Set for June 2027 as Immunity Defense Looms 
US Military Completes 11th Straight Day of Iran Strikes Amid Strait of Hormuz Security Concerns 
Houthi Naval Blockade on Saudi Arabia Escalates Iran Conflict, Threatens Global Oil Supply 
ASEAN Ministers Warn Middle East Conflict Threatens Regional Stability and Energy Security 
Israeli Airstrike Kills Family of Six in Gaza as Ceasefire Death Toll Mounts 
Trump Pushes Election Security Message at Georgia Rally Ahead of Midterm Senate Race 
Saudi Oil Tankers Reverse Course as Houthi Threats Disrupt Red Sea Shipping 
Pakistan Seeks $10 Billion U.S. Exchange Stabilization Fund to Boost Forex Reserves 
Civil Rights Groups Sue Trump Administration Over Childcare Funding Freeze and Influencer's Role 
Public opinion polls as of late showed the United Kingdom’s growing support toward the opposition Labour Party as lawmakers gear up for the 2024 national elections. A growing number of business leaders, investors, and bankers have been changing affiliations in their donations to Labour from the governing Conservative Party.
Speaking to Reuters Friday last week, businessman Gareth Quarry, who chairs the LVDY Health and Wellbeing firm, said that after decades of donating to the Conservative Party, he intends to start donating to Labour. Quarry cited that the Conservative Party has committed what he described as a “litany of misdemeanours” that tarnished the UK’s reputation of financial stability.
Quarry said that a lot of his peers are beginning to sway towards Labour, which now appears to have taken the governing party’s image of being “the party of business.” Quarry added that this belief was reinforced by meetings with the party’s lawmakers and policy chiefs led by Labour leader Keir Starmer.
“I realized that in Labour we have a left-of-centre party that is about making society fairer and is adamantly pro-business – not just lip service but truly working with business,” said Quarry.
Many business leaders have long favored Conservatives in the belief that the party could create flexible working conditions and consumer confidence needed to boost the country’s economy. However, many business leaders have switched sides following the party’s support for leaving the European Union.
Senior Labour Party officials have now sought to gain support from the business sector. Executives from banks, investment groups, and venture capital companies told Reuters that they met with Labour figures led by Rachel Reeves, the party’s finance policy chief, who is also a former Bank of England economist. The increased attention has also led to an increase in donations made to the opposition party, which is predicted to take power following the 2024 elections.
Earlier this month, Starmer pledged that the Labour Party would work together with businesses to boost economic growth and criticized the Conservative Party’s “sticking plaster politics.”
“I am here to say that Labour is ready, is ready to partner with you because we’re not just a pro-business party, we are a party proud to be pro-business,” said Starmer.
