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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...

Senate could take test vote on new spending bill as early as Sunday afternoon

The Senate could take a test vote as early as tomorrow afternoon on a revamped Republican bill to end the government shutdown and fund parts of the government for the rest of the fiscal year.  We are still waiting on bill text on a measure which would fund the government through late January and provide money for the Agriculture Department (which funds SNAP), the Veterans Affairs Department and military construction projects and Congress through Sept....

Reckoning looms for politicians as longest government shutdown persists

A reckoning is coming. Or shall we say, ‘reckonings.’ And they’re coming, whether the government re-opens soon or remains shuttered. If the government stays closed, voters will likely torch both parties for not hammering out a deal. Air traffic delays are stacking up. Those problems only intensify as we near Thanksgiving and Christmas. That’s to say nothing of multiple missed paychecks for federal employees, stress, economic consequences and no SNAP benefits for the needy. Some...

Senate in limbo as Thune eyes long haul until shutdown ends

The Senate is in for a rare weekend session as the chamber remains in limbo while lawmakers try to find a way out of the government shutdown. Behind the scenes, appropriators are cooking up a trio of spending bills to attach to the House-passed continuing resolution (CR), along with an extension to the bill that would, if passed, reopen government until December or January. But the package was not ready for primetime Saturday, and no...

Sorry Gordon, whilst you own the restaurant, but trainers with a tux? really?

Let’s get one thing straight: I’m not usually in the business of tutting at shoes. I’m not the keeper of the brogue, nor the patron saint of patent leather. But when a man hosts a dinner at his own three-Michelin-starred restaurant to celebrate the newly knighted Sir David Beckham, and turns up in a tuxedo paired with gleaming white trainers — well, I start to wonder if the world hasn’t finally gone mad. Now, of...

Senate in limbo as Thune eyes long-haul until shutdown ends

The Senate is in for a rare weekend session as the chamber remains in limbo while lawmakers try to find a way out of the government shutdown. Behind the scenes, appropriators are cooking up a trio of spending bills to attach to the House-passed continuing resolution (CR), along with an extension to the bill that would, if passed, reopen government until December or January. Whether a vote on the revamped CR and spending package happens...