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Iran’s ‘water bankruptcy’ will weaken regime and nuclear program, UN expert warns

Iran is facing its worst drought in decades, raising fears of evacuations in Tehran while threatening the regime’s stability and nuclear ambitions, according to a leading environmental expert. Kaveh Madani, Director of the United Nations University Institute for Water, Environment and Health, said Iran’s worsening ‘water bankruptcy’ would impact the country’s ability to function and weaken its position on the global stage. ‘This water bankruptcy weakens Iran on the world stage,’ Madani told Fox News...

Senate Democrats, Republicans reach deal to reopen government

There are now enough Senate Democrats willing to back a revamped plan to reopen the government.  A source familiar with the newly-unveiled plan told Fox News Digital that there are enough Senate Democrats ready to join Republicans for a key vote Sunday night as Congress readies to reopen the government.  The latest development comes after an updated continuing resolution was revealed that would reopen the government until Jan. 30, 2026, reverse firings of furloughed workers...

Horse-racing industry faces £10m blow from business rates overhaul

The horse-racing industry is bracing for a £10 million rise in costs after being excluded from new business rate reliefs due to come into force next April — a move that coincides with fears of a fresh tax raid on betting in the upcoming Budget. According to research by Colliers, racing yards are among several categories that will lose access to the current 40 per cent rates relief, facing average increases of more than £7,000...

Tories vow to ‘take a chainsaw’ to ESG rules to boost London listings

The Conservative Party has pledged to scrap mandatory climate and sustainability reporting requirements and rein in regulators “with a tendency to go woke” in a dramatic effort to boost the number of companies listing on the London Stock Exchange. Andrew Griffith, the shadow business and trade secretary, said that if the Tories win the next general election, they will “take a chainsaw” to the layers of green and social disclosure rules that have, in his...

Republicans unveil key piece of shutdown puzzle in bid to reopen government

Senate Republicans unveiled a crucial piece of the puzzle in their bid to reopen the government and plan to plow ahead with a vote on Sunday.  While both sides still appear at an impasse on extending expiring Obamacare subsidies, appropriators moved ahead with a package of spending bills that Republicans hope will jumpstart the government funding process, and lead to an end to the 40-day government shutdown.  The Senate Appropriations Committee released the three-bill spending...

Iran smuggled $1B to Hezbollah this year despite US sanctions, Treasury official says

The Iranian regime has managed to smuggle at least $1 billion to its terrorist proxy Hezbollah in Lebanon despite heavy sanctions this year, top officials at the U.S. Treasury Department say. John Hurley, the undersecretary for terrorism and financial intelligence, says Iran remains committed to its proxy groups throughout the Middle East. Nevertheless, he says there is any opportunity to cut off the funding streams while Iran is in its current weakened state. ‘There’s a...

‘Genocide can’t be ignored’: GOP lawmaker backs Trump’s threat of military action in Nigeria

Republican Rep. Riley Moore said the United States could take a range of actions — including sanctions and ‘even kinetic military action’ — in response to what he called the ‘genocide’ of Christians in Nigeria. Trump designated Moore, a member of the Appropriations Committee from West Virginia, along with Chairman Tom Cole, R-Okla., to lead an investigation into the killing of Christians by Islamist militants in the African nation. Frustrations with the matter boiled out...

Mishcon boss warns Reeves that LLP tax hike risks exodus of professionals

The head of one of Britain’s best-known law firms has warned that Rachel Reeves’s reported plan to raise taxes on limited liability partnerships (LLPs) could drive professionals and entrepreneurs out of the UK, undermining London’s status as a global business hub. James Libson, managing partner of Mishcon de Reya, said proposals to align LLP taxation more closely with standard employment rules risked punishing professionals who take on business risk and contribute significantly to the economy....

Reeves’ ‘exit tax’ plan branded “reckless and self-defeating” by leading wealth adviser

Chancellor Rachel Reeves’ reported plan to impose a 20% “exit tax” on the business assets of wealthy individuals leaving the UK has sparked a furious backlash from the financial sector, with critics warning it could drive away entrepreneurs and investors. The proposed measure — described as a “settling-up charge” — would levy capital gains tax on the holdings of those relocating to low-tax jurisdictions. Treasury insiders reportedly believe it could raise around £2 billion in...

TEVI TROY: Celebrating 50 years of presidential mockery

Nov. 8, 2025, marks the 50th anniversary of Chevy Chase’s comedic portrayal of U.S. President Gerald Ford as a bumbling klutz on ‘Saturday Night Live.’ Nowadays, we expect ‘SNL’ to mock the president. (There’s even speculation going into each administration about who will play the president.)  But when Chase did it for the first time, it was groundbreaking. In fact, in the years before ‘SNL,’ mocking the president on what was still the relatively new...