Norway punches above its weight in global shipping. Its maritime ecosystem is vast and intricate with advanced tankers a key part of the fleet which is why events the Middle East are already having significant repercussions. The PM said it was a moment for solidarity.
Norway’s Prime Minister Jonas Gahr Støre told me today in Oslo that the Iran war is a a war without mandate and without consultation. Norway cannot participate as it needs its military to defend its waters while its forces don’t have the capabilities which the conflict demands.
…including specific defence partnerships with the UK and Germany
We were speaking at a crucial annual conference, organised by the Norwegian shipowners association.
The theme was unity is a multipolar world, a vital need given current the geopolitical fracture.
The last few days have seen some in the UK political and media world turn themselves inside & out over decisions related to a single drone strike at RAF Akrotiri. Any sense of proportion and balance has been lost in the frenzy that has followed. So, let’s step back a bit 🧵1/15
Some are putting out a story that Sir Rich Knighton (CDS) should resign over recent events in Cyprus. Some say he’s lost the confidence of the PM, some say an RAF officer can’t appreciate the Navy’s capability and some say he is not a warfighter. Let’s address each in turn: 1/12
@JackS68032 You are right, there is too much failing upwards- managers promoted due to their ability to perform at interviews by being assertive, masking their lack of ability and then in position they do everything they can to preserve themselves rather than effectively manage.
It’s this type of rule which risk ruining the hybrid options which are a lifeline for so many, needing the flex to juggle care and careers. Focus should be on productivity and performances should be tracked. Presenteeism can be counter productive but unbridled freedom is foolish
Scot Gov civil servants can refuse to work from their offices without disciplinary consequences, and the agreement that civil servants would try to come in 2 days a week was conditional on attendance not being monitored. 🤯
Susannah Streeter, Chief Investment Strategist at Wealth Club, assesses the easing of market stress as oil retreats from extreme highs after President Trump signalled the Iran conflict may be nearing an end. (@StreeterNews)
#Markets#Oil
https://t.co/3PMxxSmyms
@MerrynSW It’s this type of rule which risk ruining the hybrid options which are a lifeline for so many, needing the flex to juggle care and careers. Focus should be on productivity and performances should be tracked. Presenteeism can be counter productive but unbridled freedom is foolish
Market stress may have eased for now but Wall St has a shaky start as interest cut hopes are being dashed, given energy prices are still elevated. My thoughts @IFAMagazine
Susannah Streeter, Chief Investment Strategist at Wealth Club, assesses the easing of market stress as oil retreats from extreme highs after President Trump signalled the Iran conflict may be nearing an end. (@StreeterNews)
#Markets#Oil
https://t.co/3PMxxSmyms
My take on today’s relief rally and why it’s likely to be short lived, given where energy prices are settling right now which maintain higher inflation risks.
My daily market report featured in @WealthDm
https://t.co/tbYGJEVuhJ
What’s causing the sell off on financial markets? Here’s my two minute lowdown on why crude prices have spiked, why equity markets have plunged, and what to do if you have investments.
FTSE 100 has opened sharply lower, and is trading down 1.5%, after Asian markets slumped over scorching energy prices. Susannah Streeter (@StreeterNews) , Chief Investment Strategist, Wealth Club, delves deeper.
#Oil#FTSE100#Markets
https://t.co/XLcBrgo3h9
If true, this is going to undermine Trump’s reason for acting, and is going to expose all those who said we should have been supportive of the US from the start. The UK may have dodged a bullet here by staying out of it; the problem now is that we are all in it!