Epstein Revelations Fallout, Gold Plunge Deepens, Mercedes Luxury Bet

Your morning briefing. All the news you need to start your day

On today's podcast:

(1) Peter Mandelson, Britain’s former ambassador to the US, resigned from the UK’s ruling Labour Party to avoid causing it “further embarrassment” after the latest revelations about his links to the disgraced financier Jeffrey Epstein.

(2) Gold extended losses, after its biggest plunge in more than a decade on Friday, as silver also sank deeper, reversing a record-breaking rally that appeared to have run too far, too fast.

(3) Prime Minister Keir Starmer said he still wants the UK to join the European Union’s flagship €150 billion ($178 billion) defense fund after negotiations last year ended in failure.

(4) Iran’s supreme leader warned of a “regional war” as tensions continued to mount over potential US strikes on Tehran and top Israeli military officials visited Washington.

(5) British engine maker Rolls-Royce Holdings Plc has halted a plan backed by millions in government funding to put a mini nuclear reactor on the Moon, the Telegraph reported.

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