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- Poilievre states Canada will not become the ’28th state’ of the EU
- Israel reports fatal shooting of settler amid escalating West Bank ethnic cleansing
- Reprieve: United States approves $24.3 billion arms sale of F-35s to Saudi Arabia
- Trump to meet New York City Mayor Mamdani at Gracie Mansion on Monday
- UK air ambulance service faces critical operational challenges: how outlets frame it
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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.
BBC’s business editor Simon Jack was asked: Is this a stock market crash? Here’s what he has to say:
Stocks slump – China to impose 34% levy as retaliation – China files lawsuit |…
More reaction from the global stock markets, world leaders and experts a day after Donald Trump announced global tariffs.
Trump’s new tariffs, including a 10 percent levy on all countries, caused Apple’s stock to drop over six percent. The company depends on manufacturing in places like China and Taiwan.
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