- Real estate CEO and family attacked during home invasion in Toronto
- Texas grand jury indicts ICE officer for allegedly running over man in Houston
- NATO commander advocates for integration of AI and drones in Canada’s defence strategy
- Lebanese court charges 13 individuals over explosives shipment to Hezbollah
- Daughter awarded £127,500 for care of mother following family dispute
- Abandoned Parque Europa Baku once featured live sharks and seals
- Netanyahu bloc fails to secure majority in Israeli parliamentary elections
- Quebec farmers oppose proposed high-speed rail project over land concerns
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 US President suggested his next round of tariff announcements, expected on Wednesday, will hit all countries, rather than just those who sell more goods to the US than they buy.
The Economist asks: Is Elon Musk remaking government or breaking it?
The US is increasing pressure on Russia, threatening further tariffs on its oil exports if a ceasefire agreement in Ukraine isn’t reached.
Stock markets in Asia and Europe have declined sharply as the 2 April implementation of US tariffs on imports approaches, with Japan’s Nikkei index dropping nearly 4% and the UK’s FTSE 100 reaching a two-week low.
Steel tycoon Lakshmi Mittal is preparing to leave the UK in response to a government crackdown on non-domiciled residents, making him one of the wealthiest entrepreneurs to move because of the tax reform.
The Atlantic magazine has published more excerpts of the Trump administration’s group chat on Signal that detail timings of military strikes in Yemen.
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