‘Existential threat’: what do EU’s 50% steel tariffs mean for UK industry?

IMF chief Kristalina Georgieva has issued a stark warning about the current state of the global economy, stating that 'uncertainty is the new normal.' This comes as rising tariffs continue to impact economic stability worldwide. Her remarks highlight the challenges that countries face in navigating a landscape marked by unpredictability, which could affect growth and trade. Understanding these dynamics is crucial for businesses and policymakers alike.

IMF chief Kristalina Georgieva has issued a stark warning about the current state of the global economy, stating that 'uncertainty is the new normal.' This comes as rising tariffs continue to impact economic stability worldwide. Her remarks highlight the challenges that countries face in navigating a landscape marked by unpredictability, which could affect growth and trade. Understanding these dynamics is crucial for businesses and policymakers alike.

India and China are set to resume direct flights after a five-year hiatus, signaling a potential strengthening of trade ties between the two nations. This development comes at a time when tariffs imposed by the Trump administration have strained relations, making the renewed connection significant for both economies. Enhanced trade could lead to increased cooperation and economic growth, benefiting businesses and consumers alike.

India and China are set to resume direct flights after a five-year hiatus, signaling a potential strengthening of trade ties between the two nations. This development comes at a time when tariffs imposed by the Trump administration have strained relations, making the renewed connection significant for both economies. Enhanced trade could lead to increased cooperation and economic growth, benefiting businesses and consumers alike.

Austria is currently in a contentious debate within the EU regarding its request to lift sanctions on shares linked to Oleg Deripaska. The aim is to use these assets to compensate Raiffeisen Bank for its financial losses in Russia. This situation highlights the ongoing tensions within the EU about how to handle sanctions and their economic implications, especially as member states navigate their own financial interests against collective EU policies.

Austria is currently in a contentious debate within the EU regarding its request to lift sanctions on shares linked to Oleg Deripaska. The aim is to use these assets to compensate Raiffeisen Bank for its financial losses in Russia. This situation highlights the ongoing tensions within the EU about how to handle sanctions and their economic implications, especially as member states navigate their own financial interests against collective EU policies.

The European Union is urging Belgium to utilize frozen Russian assets to support a reparations loan for Ukraine. Prime Minister Bart De Wever emphasizes the need for shared responsibility in this initiative. This move is significant as it reflects the EU's ongoing efforts to hold Russia accountable for its actions in Ukraine while also providing financial assistance to the war-torn nation.

The European Union is urging Belgium to utilize frozen Russian assets to support a reparations loan for Ukraine. Prime Minister Bart De Wever emphasizes the need for shared responsibility in this initiative. This move is significant as it reflects the EU's ongoing efforts to hold Russia accountable for its actions in Ukraine while also providing financial assistance to the war-torn nation.

The European Union has proposed a new regulation aimed at supporting farmers in light of the Mercosur trade deal. This initiative is significant as it ensures that the EU will monitor any potential influx of cheaper goods from South America, which could impact local prices. By committing to investigate these changes, the EU is taking proactive steps to protect its agricultural sector, ensuring that farmers can compete fairly and maintain their livelihoods.

The European Union has proposed a new regulation aimed at supporting farmers in light of the Mercosur trade deal. This initiative is significant as it ensures that the EU will monitor any potential influx of cheaper goods from South America, which could impact local prices. By committing to investigate these changes, the EU is taking proactive steps to protect its agricultural sector, ensuring that farmers can compete fairly and maintain their livelihoods.

The criticism of EU's foreign policy chief, Kaja Kallas, highlights concerns about her approach being more aggressive than diplomatic. This matters because it raises questions about the EU's effectiveness in international relations and its ability to navigate complex geopolitical landscapes, especially regarding Russia.

The criticism of EU's foreign policy chief, Kaja Kallas, highlights concerns about her approach being more aggressive than diplomatic. This matters because it raises questions about the EU's effectiveness in international relations and its ability to navigate complex geopolitical landscapes, especially regarding Russia.

The Women's Champions League match between Twente and Chelsea is underway, with a kick-off at 5:45 PM BST. This event is significant as it showcases top-tier women's football, highlighting the growing popularity and competitiveness of the league. Fans can follow live scores and updates, reflecting the increasing engagement in women's sports.

A recent survey reveals that 58% of Americans support the idea of limiting military deployments to external threats only. This sentiment comes amid ongoing discussions about the use of armed forces in domestic situations, particularly in light of recent deployments linked to political events. Understanding public opinion on this issue is crucial as it reflects broader concerns about the role of the military in society and the balance between security and civil liberties.

Recent talks regarding a ceasefire in Gaza have shown promising progress, according to Turkey's foreign minister. If negotiations continue to yield positive results, a ceasefire could soon be declared. This development is significant as it reflects a potential end to ongoing hostilities and the possibility of peace in a region that has faced prolonged conflict. The exchange of hostage and prisoner lists between Hamas and Israel further indicates a willingness to engage in dialogue, which could pave the way for a more stable future.

Saoirse Ronan is reportedly set to portray Linda McCartney in an upcoming Beatles biopic directed by Sam Mendes. This casting news is exciting for fans as Ronan, known for her roles in 'Little Women' and 'Lady Bird', brings significant talent to the role of Paul McCartney's first wife. The film is part of a larger cinematic event celebrating the iconic band, and Ronan's involvement adds a fresh perspective to the story of one of music's most beloved couples.

In a shocking trial at Preston Crown Court, two men, Walid Saadaoui and Amar Hussein, are accused of plotting a terrorist attack aimed at killing as many Jewish people as possible. The prosecution revealed that the pair secured firearms and hundreds of rounds of ammunition as part of their sinister plan. This case highlights the ongoing threat of anti-Semitic violence and the importance of vigilance in protecting communities from hate-driven acts.

The Senate has once again failed to pass a stopgap funding bill, marking the sixth unsuccessful attempt as the government shutdown stretches into its eighth day. This ongoing deadlock, with a 54-45 vote where three Democrats sided with Republicans, highlights the deepening political divide and the urgent need for a resolution. The implications are significant, as the shutdown is causing staffing shortages at US airports and affecting federal workers, making it crucial for lawmakers to find common ground to restore normalcy.