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- Russia and Ukraine exchange attacks, resulting in 10 fatalities, including a child in Chernihiv
- Man charged after driving motorhome onto Abbotsford airport runway
- Pentagon reports four service members killed in Iran conflict operations
- Iran threatens retaliation against Zelensky following strike on tanker
- Berlin attack targets LGBTQ+ event, killing one and injuring several others
- Former President Hernandez returns to Honduras after Trump pardon
- Search for missing 11-year-old Parker continues in Calgary after Amber Alert expires
- Vermont senator Bernie Sanders discusses healthcare and political issues in interview
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.
Wage growth slows again as job market stall UK wage growth slowed in the job…
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CITY AM SAYS Inflation is expected to continue its descent when new figures are released on Wednesday, amid growing fears that the conflict in the Middle East could spark a resurgence in inflation.
About 1m American manufacturing workers lost their jobs to Chinese competition in 1997-2011, as the country integrated into the global trading system and began shipping cheap goods overseas.
The Financial Times says the government tried to block Fujitsu, the firm implicated in the Post Office scandal, from new public contracts in the early 2010s.
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