Rwanda plan blame game begins over latest delays – with plenty more showdowns to come for Rishi Sunak
This was the week it was meant to be done.
Having forced the House of Commons to vote down the Lords’ amendments to the prime minister’s flagship illegal immigration bill three times, peers would typically have bowed out of the battle this time around and passed the Rwanda bill.
Instead, they sought to amend the legislation again.
Politics latest:
Rwanda bill delayed after government suffers surprise defeats
There is obvious frustration in government, with one senior figure saying: “We wanted to get it done today, but it shows Labour for their true colours.”
The Rwanda bill now comes back to the Commons next week, and could finally be passed on Monday.
All the while, the clock is ticking down on the prime minister‘s promise to get flights away by the end of spring.
With that timetable already in doubt, at least this ping pong can help ministers pin this on peers should that deadline be missed.
But there is also huge frustration amongst some MPs with Number 10.
‘We need to get it through’
Many are asking why the government didn’t just table late night sittings and force Lords to sit into the night to ram through the legislation.
Tory MP Rehman Chishti spoke for many colleagues when he told me he didn’t understand why the whips hadn’t chosen this course.
“I think the programme motion could easily have ensured that we had a vote tomorrow because at the end of day the public want us to get on and get it done. Labour have delayed, dithered, delayed. We’ve got a plan, but we need to get it through,” he said.
“If you would have asked me, I would have put it in tomorrow and I would have a vote on it. And therefore we get those planes off and make sure that this policy delivers what it needs to be delivering, which is deterrence.”
Another senior minister told me it was “clear” to them that these were “delaying tactics because they know the version of the policy doesn’t work and they want more time and to put off the day of reckoning”.
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The UK’s Rwanda bill has been delayed again. Pic: AP
Labour ‘terrified it will work’
As Labour blames the government for refusing to compromise on amendments, and “going home” instead of looking again at the bill this evening, the government blames Labour for delaying the bill because – to quote minister Steve Baker – “they are terrified it will work”.
There is talk that had the government accepted the amendment to exempt Afghans who served alongside UK forces from deportation to Rwanda, the Lords might have passed the bill.
Labour had received an assurance from the Home Office that this amendment, tabled by former Labour defence secretary Des Browne, was going to be accepted – only for it then to be blocked.
For all the drama and irritation, it is likely that the prime minister will still have his moment.
At some point, the House of Lords will have to cave. Unelected peers cannot keep ignoring the will of the Commons.
But the question then is whether he can assuage the frustration of voters who are watching the small boats still coming, with the most crossings in a single day this year – 534 people – happening this week.
‘Another failed thing they promised’
In our Sky News election target town of Cleethorpes, part of a key bellwether seat in the next general election, voters we spoke to are sceptical the government will deliver the flights at all.
One resident told us: “They tell you what they think you want to hear but when it comes down to it, they don’t deliver that.”
Another said: “No one’s gone to Rwanda. They get on the plane, and they take them off. So that’s another failed thing they’ve promised.”
And really that’s the rub of it – the prime minister will get this legislation passed.
Then the challenge is to get those planes off the ground. Anything less won’t be acceptable.
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But with even some of his own backbenchers believing the policy won’t work, a parliamentary win is only the end of the beginning.
The next question is will he, if he has to, not just take on the Lords, but take on the European courts – and those in his own cabinet – and if necessary ignore court rulings to get flights away.
There are plenty more showdowns to come.
Satoshi Nakamoto, the pseudonymous creator of Bitcoin, marks their 50th birthday amid a year of rising institutional and geopolitical adoption of the world’s first cryptocurrency.
The identity of Nakamoto remains one of the biggest mysteries in crypto, with speculation ranging from cryptographers like Adam Back and Nick Szabo to broader theories involving government intelligence agencies.
While Nakamoto’s identity remains anonymous, the Bitcoin (BTC) creator is believed to have turned 50 on April 5 based on details shared in the past.
According to archived data from his P2P Foundation profile, Nakamoto once claimed to be a 37-year-old man living in Japan and listed his birthdate as April 5, 1975.
Source: Web.archive.org
Nakamoto’s anonymity has played a vital role in maintaining the decentralized nature of the Bitcoin network, which has no central authority or leadership.
The Bitcoin wallet associated with Nakamoto, which holds over 1 million BTC, has laid dormant for more than 16 years despite BTC rising from $0 to an all-time high above $109,000 in January.
Satoshi Nakamoto statue in Lugano, Switzerland. Source: Cointelegraph
Nakamoto’s 50th birthday comes nearly a month after US President Donald Trump signed an executive order creating a Strategic Bitcoin Reserve and a Digital Asset Stockpile, marking the first major step toward integrating Bitcoin into the US financial system.
Related: Bitcoin at 16: From experiment to trillion-dollar asset
Nakamoto’s legacy: a “cornerstone of economic sovereignty”
“At 50, Nakamoto’s legacy is no longer just code; it’s a cornerstone of economic sovereignty,” according to Anndy Lian, author and intergovernmental blockchain expert.
“Bitcoin’s reserve status signals trust in its scarcity and resilience,” Lian told Cointelegraph, adding:
“What’s fascinating is the timing. Fifty feels symbolic — half a century of life, mirrored by Bitcoin’s journey from a white paper to a trillion-dollar asset. Nakamoto’s vision of trustless, peer-to-peer money has outgrown its cypherpunk roots, entering the halls of power.”
However, lingering questions about Nakamoto remain unanswered, including whether they still hold the keys to their wallet, which is “a fortune now tied to US policy,” Lian said.
Related: Bitcoin’s next catalyst: End of $36T US debt ceiling suspension
Is Satoshi Nakamoto wealthier than Bill Gates?
In February, Arkham Intelligence published findings that attribute 1.096 million BTC — then valued at more than $108 billion — to Nakamoto. That would place him above Microsoft co-founder Bill Gates on the global wealth rankings, according to data shared by Coinbase director Conor Grogan.
Satoshi’s new addresses. Source: Conor Grogan
If accurate, this would make Nakamoto the world’s 16th richest person.
Despite the growing interest in Nakamoto’s identity and holdings, his early decision to remain anonymous and inactive has helped preserve Bitcoin’s decentralized ethos — a principle that continues to define the cryptocurrency to this day.
Magazine: 10 crypto theories that missed as badly as ‘Peter Todd is Satoshi’
The United States stock market lost more in value over the April 4 trading day than the entire cryptocurrency market is worth, as fears over US President Donald Trump’s tariffs continue to ramp up.
On April 4, the US stock market lost $3.25 trillion — around $570 billion more than the entire crypto market’s $2.68 trillion valuation at the time of publication.
Nasdaq 100 is now “in a bear market”
Among the Magnificent-7 stocks, Tesla (TSLA) led the losses on the day with a 10.42% drop, followed by Nvidia (NVDA) down 7.36% and Apple (AAPL) falling 7.29%, according to TradingView data.
The significant decline across the board signals that the Nasdaq 100 is now “in a bear market” after falling 6% across the trading day, trading resource account The Kobeissi Letter said in an April 4 X post. This is the largest daily decline since March 16, 2020.
“US stocks have now erased a massive -$11 TRILLION since February 19 with recession odds ABOVE 60%,” it added. The Kobessi Letter said Trump’s April 2 tariff announcement was “historic” and if the tariffs continue, a recession will be “impossible to avoid.”
Source: Anthony Scaramucci
On April 2, Trump signed an executive order establishing reciprocal tariffs on trading partners and a 10% baseline tariff on all imports from all countries.
Trump said the reciprocal tariffs will be roughly half the rate US trading partners impose on American goods.
Related: Bitcoin bulls defend $80K support as ‘World War 3 of trade wars’ crushes US stocks
Meanwhile, the crypto industry has pointed out that while the stock market continues to decline, Bitcoin (BTC) remains stronger than most expected.
Crypto trader Plan Markus pointed out in an April 4 X post that while the entire stock market “is tanking,” Bitcoin is holding.
Source: Jeff Dorman
Even some crypto skeptics have pointed out the contrast between Bitcoin’s performance and the US stock market during the recent period of macro uncertainty.
Stock market commentator Dividend Hero told his 203,200 X followers that he has “hated on Bitcoin in the past, but seeing it not tank while the stock market does is very interesting to me.”
Meanwhile, technical trader Urkel said Bitcoin “doesn’t appear to care one bit about tariff wars and markets tanking.” Bitcoin is trading at $83,749 at the time of publication, down 0.16% over the past seven days, according to CoinMarketCap data.
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