Latest News
- Fidesz party considers dissolution after electoral defeat in Hungary
- CIA Director Ratcliffe warns Russia against NATO attacks during Moscow visit
- Massive flash floods devastate northern Nepal and Tibet leaving over 1,300 missing
- Ben Shapiro’s new film continues Hollywood’s long tradition of anti-Muslim stereotypes
- Calgary seeks bids for feasibility study on new stadium project
- CIA Director John Ratcliffe warns Russia against NATO attacks during visit to Moscow
- Bodies of missing persons found in Jeju Island amid police investigation
- Spain arrests fugitive escape master wanted by Italian authorities
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.
A quick view of the top 10 biggest FTSE 100 share price losses in April 2025. Between April 1 and April 7, 2025, the FTSE 100 index experienced massive declines, influenced by global market reactions to newly announced U.S. tariffs.
The UK’s economic options are severely constrained due to high borrowing and record tax levels, limiting the government’s ability to respond to the economic shock caused by Trump’s tariff announcement.
Global stock markets plummeted overnight, with Japan’s Nikkei 225 falling nearly 8% and US stock market futures indicating further declines, as fears of a trade war escalate following President Trump’s new tariffs.
There have been a few big announcements from China today – the latest outlines new restrictions on US companies.
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