President-elect Donald Trump has named billionaire investment banker Warren Stephens as his envoy to Britain, a prestigious posting for the Republican donor whose contributions this year included $2 million to a Trump-backing super PAC.
Trump, in a post on his Truth Social site Monday evening, announced he was selecting Stephens to be the US ambassador to the Court of Saint James. The Senate is required to confirm the choice.
Warren has always dreamed of serving the United States full time. I am thrilled that he will now have that opportunity as the top Diplomat, representing the U.S.A. to one of Americas most cherished and beloved Allies, Trump said in in his post.
Stephens is the chairman, president and CEO of Little Rock, Arkansas-based financial services firm Stephens Inc., having taken over the firm from his father.
Trump has already named many of his nominees for his Cabinet and high-profile diplomatic posts, assembling a roster of staunch loyalists. Over the weekend, Trump announced he intends to nominate real estate developer Charles Kushner, father of Trumps son-in-law Jared Kushner, to serve as ambassador to France.
During his first term, Trump selected Robert Woody Johnson, a contributor to his campaign and the owner of the New York Jets football team, as his representative to the United Kingdom.
Sir Keir Starmer said the UK is set to increase spending on defence, security and resilience to 5% of GDP by 2035 to meet an “era of radical uncertainty” – but without promising any additional cash.
The move – part of a new spending pledge by the NATO alliance – was panned as deceptive “smoke and mirrors” by critics, who pointed to the very real risk of escalating conflict between Iran, the US and Israel, as well as Russia’s full-scale war in Ukraine.
Volodymyr Zelenskyy told Sky News the timeline for the increase was “very slow” and warned Russia could attack a NATO country within five years.
“In my view, this is slow because we believe that starting from 2030, Putin can have significantly greater capabilities,” he told chief presenter Mark Austin.
Please use Chrome browser for a more accessible video player
1:32
‘Russia could attack a NATO country’
The prime minister, Donald Trump and the other leaders of NATO’s 32 member states are expected to approve the investment goal when they meet at a summit in The Hague, which opens later today.
It replaces a previous target to spend 2% of GDP purely on defence.
The announcement will be celebrated as a win for the US president, who has been demanding his allies spend more on their own defences instead of relying on American firepower.
Perhaps it will mean he will switch attention back to achieving a goal to end Russia’s war in Ukraine, which will be another key focus of the gathering in the Dutch capital.
NATO planners have crunched the summit down to a short main session tomorrow, with a final communique much briefer than usual – all steps designed to reduce the chance of the US president leaving early.
He is already scheduled to arrive late and last this evening, provided he turns up.
There is huge nervousness about Mr Trump’s commitment to an alliance that has been the bedrock of European security since it was founded more than 75 years ago.
He is not a fan though, and has previously accused Europe and Canada of an overreliance on American firepower for their own security, calling for them to do more to defend themselves.
Image: Trump is expected to join Starmer and fellow leader NATO leaders at The Hague. Pic: Reuters
This pressure has arguably been a bigger motivator in prompting certain allies to agree to spend more on their militaries than the threat they say is posed by Russia, Iran, China and North Korea.
Spain’s position could create friction this week. The Spanish prime minister, while agreeing to the new investment goal, has said his country is not obliged to meet it.
The UK was also slow to say yes – a stance that was at odds with a defence review endorsed by Sir Keir that was centred around a “NATO-first” policy.
As well as agreeing to the defence and security investment goal, the British government is also publishing a new national security strategy on Tuesday that will highlight the importance of a wider definition of what constitutes security, including energy, food and borders.
There will also be a focus on a whole-of-society approach to resilience in an echo of the UK’s Cold War past.
Image: Preparations for the NATO summit at The Hague. Pic: Reuters
It described the commitment to invest in defence, security and national resilience as an aligning of “national security objectives and plans for economic growth in a way not seen since 1945”.
Sir Keir said: “We must navigate this era of radical uncertainty with agility, speed and a clear-eyed sense of the national interest to deliver security for working people and keep them safe.
“That’s why I have made the commitment to spend 5% of GDP on national security. This is an opportunity to deepen our commitment to NATO and drive greater investment in the nation’s wider security and resilience.”
The funding will be split, with 3.5% of GDP going on core defence and 1.5% on homeland security and national resilience – a new and so far less clearly defined criteria.
Progress on investment will be reviewed in 2029.
Image: Starmer today met with Zelenskyy at Downing Street. Pic: Reuters
The defence goal is higher than the government’s current ambition to lift defence expenditure to 3% of GDP by 2034, from 2.3% currently.
The only solid commitment is to spend 2.6% on defence by 2027 – a figure that has been boosted by the addition of the whole of the budget for the intelligence agencies.
This level of intelligence spending had not previously been included and has drawn criticism from defence experts because it is not the same as tanks, artillery and troops.
The government, in its statement, is now focusing on an even higher-sounding number, claiming that it will hit 4.1% of the new NATO target by 2027.
However, this is merely based on adding the new 1.5% spending goal for “resilience and security” to the already stated 2.6% defence spending pledge.
A Downing Street spokesperson was unable immediately to say how much of GDP is currently spent on whatever is included in the new resilience category.
It could include pre-announced investment in civil nuclear energy as well as infrastructure projects such as roads and railways.
For the UK, 1.5% of GDP is about £40bn – a significant chunk of national income.
Sir Ben Wallace, a former Conservative defence secretary, accused the government of “spin” over its spending pledge because it does not include any new money anytime soon.
“The threat to our country is real not spin,” he told Sky News.
“This government thinks it can use smoke and mirrors to deceive the public and Donald Trump. This is an insult to our troops who will see no significant new money. It fools no one.”
NASA, the US Space agency, have just announced the delay of the Axiom Mission 4 because of operational issues and concerns. It was scheduled to be launched on June 22, 2025; however, there is a delay again. SpaceX Falcon 9 rocket and Dragon are at the launchpad stage at Kennedy Space Centre in Florida. This mission is going to be India, Poland and Hungary’s first government-sponsored flight in 40 years and also the second human flight of the three countries in the past.
Crew Members
As per ISRO, Peggy Whitson, Pilot Shubhanshu Shukla, and Sławosz Uznański-Wiśniewski and Tibor Kamu, the mission specialists and crew of the Commander, are set to be in quarantine in Florida, where the launch date is finalised. The crew will spend up to 14 days on the International Space Station and perform scientific experiments.
Mission Delays
This mission is going to be the first time for India in 40 years that an Indian is going to space after Rakesh Sharma. Shubhanshu Shukla is going to be the first man to step onto the ISS. There have been seven delays till now. The first launch was scheduled on May 29, but was delayed to June 8 because of the electrical harness observations. This date was later transferred to June 9. Then there occurred a delay due to weather till June 10.
After June 10, the delay occurred till June 11 because of the oxygen leak in the engine, which was anticipated by ISRO. This date again got delayed because NASA announced work with the Russian Space Agency and was evaluating a new pressure signature. The launch was scheduled on June 19, where the discussion regarding weather and health of the crew took place, and the date was again shifted to June 22.
Final Date
NASA has found a new and final date for the launch of the Axiom 4 mission. All three nations are excited, and the new date of launch is expected to arrive on June 25, 2025, at 12:01 PM IST as per a post announced on X by ISS.