Latest News
- Netanyahu bloc fails to secure majority in Israeli parliamentary elections
- Quebec farmers oppose proposed high-speed rail project over land concerns
- Peltola denies knowledge of candidate Daniel J. Sullivan amid ballot controversy in Alaska Senate race
- Government announces new budget measures: how coverage differs
- Low-paid shopworkers face danger due to facial recognition camera failures, say MPs
- Putin states Russia is ready for war with Europe but prefers diplomacy
- Landslides in Summerland raise concerns over wildfire-affected slopes
- DOJ issues new subpoenas in Alaska Senate race investigation over candidate recruitment
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.
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