Latest News
- Turkish governor dismissed after wearing tight cycling shorts during event
- US warns EU’s €890 million fine against Google jeopardises trade deal
- Trump imposes tariffs on 60 countries as expiring duties are replaced
- Trump hints at largest strikes on Iran as Tehran escalates attacks in Gulf
- Canadian premiers urged to enhance ovarian cancer diagnosis and treatment
- 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
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 FT looks at investors and says they are “flocking to gold as fears mount on eve of Trump tariff announcement.”
Trump’s planned ‘Liberation Day’ tariff deluge could send a wrecking ball through the Chancellor’s buffer.
French far-right leader Marine Le Pen has been banned from standing for office for five years with immediate effect and sentenced to jail after being convicted of embezzling EU funds.
Global stock markets, including the S&P 500 and Nasdaq, experienced declines as investors await imminent tariff announcements from President Trump, reflecting broader economic uncertainties.
From 1 April, households will experience significant increases in council tax, utilities, and communication costs, impacting nearly everyone in the country.
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