- Montenegro backs EU safeguards for new members based on objective criteria
- Trump stipulates Saudi Arabia must join Abraham Accords to finalise nuclear deal
- Four extremist plots targeting Jewish sites disrupted in Canada, report finds
- House committee requests DOJ to investigate criminal charges against Jack Smith
- Family of Ann Widdecombe announces public memorial following her death
- Ukraine launches extensive drone strike on Wildberries warehouses in Russia
- Lawmakers update air passenger rights, enhancing protections for travellers
- Trump threatens 50 per cent tariff on Canadian goods worth $20 billion
Business
Russia’s economic situation is deteriorating after two years of growth linked to a shift to a war economy, according to IMF Managing Director Kristalina Georgieva. Despite raising the 2026 growth forecast slightly, Georgieva warned that inflation and sanctions severely restrict long-term prospects.
James Murdoch has finalised a deal to acquire New York Magazine and the Vox Media Podcast Network for over £300 million, enhancing his media portfolio. The transaction includes Vox’s news site and popular podcasts, while CEO Jim Bankoff will continue to lead operations under Lupa Systems.
The EU’s trade deal with South America’s Mercosur bloc has begun provisional implementation after 25 years of negotiations. This agreement forms one of the world’s largest free trade areas, encompassing 720 million consumers and aiming to reduce tariffs on over 90% of bilateral trade.
Cliff Notes – UK-US trade deal ‘isn’t worth the paper it’s written on Nobel laureate…
Financial Times reports that the prime minister is the first to seal a deal with the United States since Donald Trump unleashed his tariffs war on the world.
With air passenger traffic reaching an all-time high of 68.4 million for the year ended March 2025, the Republic’s aviation industry remains a bright spot amid global turbulence and uncertainty.
The Taiwan test Relations between America and China are at a low ebb. Tariffs of…
The Bank of England is expected to cut interest rates on Thursday, likely lowering them from 4.5% to 4.25%. This would be the fourth rate cut since last year’s peak of 5.25%, and the second in 2025, as the Bank aims to stimulate borrowing and ease financial pressure on households and businesses.
A US-UK trade deal is expected to be announced today, which will see tariffs reduced.
From our sponsors
Subscribe to News
Get the latest news from WTX News Summarised in your inbox; News for busy people.
Advertisement
Subscribe to Updates
Get the latest creative news from FooBar about art, design and business.

