Latest News
- Vance Boelter receives two life terms and 40 years for killing two lawmakers and injuring two others
- Authorities investigate use of cats to spread wildfires in southern Italy
- 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
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.
The IMF has significantly downgraded the UK’s growth forecast for this year to just 1.1%, citing the adverse impacts of the global trade war and rising inflation.
Cliff Notes – Stellar Blade creator is one of the richest people in Korea as…
The ongoing market chaos caused by Donald Trump’s tariffs continues to dominate the business newspapers, as do reports about inflation, job risks and a UK-US trade deal that comes at a price. Tech stocks suffered a Wall Street sell-off on Wednesday after Nvidia revealed new US controls on sales to China will wipe billions of dollars from its earnings. The US dollar has continued to weaken for the fifth straight day, amid real fears that the world could start the process of de-dollarisation.
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