Latest News
- Partial lunar eclipse to be visible across central and eastern Canada
- Trump signs executive order to rename Lake Ontario as Lake America
- Last photograph of British tour group missing after crossing into Nepal
- Eastern Flank commissioners urge eu to enhance security against Russia
- Bearspaw feeder main replacement nearing completion on schedule and budget
- Three Secret Service officials placed on leave during misconduct investigation
- Vehicle crashes into wall near Middlesbrough following fatal incidents
- Russian drones enter Moldovan airspace during Independence Day celebrations
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.
Project 1897 – The imperial presidency The Economist says What will Donald Trump do next? A decade…
Watchdog swings behind growth plan Business & Money reports After his predecessor was ousted by…
Trump sparks Gaza outrage The FT says Donald Trump has urged Egypt and Jordan to…
Donald Trump has called on oil producers’ group Opec to bring down global prices in order to put pressure on Russia to end the war in Ukraine, the Financial Times reports.
The Bank of Japan (BOJ) has raised its short-term policy rate to “around 0.5%,” marking its highest level in 17 years. This decision follows December’s inflation surge, with core consumer prices rising 3% year-on-year, the fastest pace in 16 months.
President Donald Trump has called on Saudi Arabia and other OPEC nations to reduce oil prices, warning that high costs are prolonging the Russia-Ukraine conflict. Speaking at the World Economic Forum in Davos, Trump expressed surprise that OPEC hadn’t acted to lower prices before the elections, emphasising the impact on global stability.
© 2026 WTX News.