Latest News
- Milo Yiannopoulos deported after immigration arrest for visa overstay
- Florida man convicted for smuggling nearly $1 million in aircraft parts to Russia
- Iceland sees higher voter turnout in EU referendum than 2024 elections
- Hollywood seeks support from Trump in push for industry reforms
- Mladic dies, prompting reflections on his legacy and ongoing fascism
- Poll indicates strong Canadian backing for ending U.S. trade talks and tariffs
- Trump announces US majority control of over 60 billion barrels of Venezuelan oil reserves
- Bereaved families call on government to prevent early release of killers
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…
Those eligible will automatically receive £25 into their bank account.
This is a breaking news story, stay with us for more updates shortly…
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.
© 2026 WTX News.