Economy

US Elections  Trump's Tariff Policy
Low-cost airline CEO slams Trump: "Liar"

Ryanair's outgoing CEO Michel O'Leary is not happy with Donald Trump. In an interview with Politico, he gives the US president a hard time, calling him a "liar" and stating that Trump is "historically wrong" about many of the geopolitical challenges of 2026.

O'Leary believes, among other things, that Trump made mistakes by not backing Ukraine more and also imposing high tariffs globally. The Irishman also says that he would have been "a natural Republican" if he were a US citizen, but that he would never have supported a party led by Trump.

- I have neither trust nor confidence in Trump.

Political situation in the UK
Hundreds of pubs close under Starmer: “The nail in the coffin”

In the 18 months since Labour, led by Prime Minister Keir Starmer, came to power in the UK, around 520 pubs have closed. This is according to figures from the VOA agency that The Telegraph has seen.

The closures have, according to one estimate, led to the disappearance of 7,800 jobs and, according to the newspaper, have led to increased pressure on Chancellor of the Exchequer Rachel Reeves to introduce measures to strengthen the sector. In this autumn’s budget, a tax was increased for pubs, which has brought many to their knees.

Ash Corbett-Collins, chairman of the consumer organisation Camra, states that the tax changes have been a hard blow.

– It’s like the nail in the coffin, he tells the newspaper.

Hundreds of Labour politicians have already been escorted from pubs across the UK in protest.

Trump's USA  Fed vs. inflation
Trump to advisor: Want to keep you where you are

Donald Trump wants to keep his top economic advisor Kevin Hassett, who is seen as the favorite to become the next Fed chief, in his post, Reuters reports.

At an event at the White House, the president praised Hassett.

- You were great on TV today. To be completely honest, I actually want to keep you where you are, Trump said.

He added that it would be "a serious concern" to lose his advisor.

When asked who will be the new Fed chief when Jerome Powell leaves his post in May, the president replied that we will see how it goes.

Trump's USA  Climate policy
Court lifts the ban on the largest offshore wind project in the US

The largest wind farm in the US, Coastal Virginia Offshore Wind, can resume work after a federal court temporarily lifted Donald Trump's ban on the project, CNBC reports.

The owner Dominion Energy's stock rose a few percent on the news.

On Monday, a similar announcement was made for the wind farm Revolution Wind, in which Danish Ørsted is a partner, which caused the stock to rise.