Thousands of British companies have been forced to find ways to compensate for the loss of free access to their main foreign market, with food producers among the hardest hit.
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Europe’s natural gas market has passed the Hormuz stress test — at least so far. A U.S.-Iran peace deal suggests the worst of the shock may be over, even if flows recover only gradually. That should temper supply fears and shift attention to the demand pressures likely to shape the market in coming decades.
Rising inflation and a 30% jump in oil prices are dampening global growth, but leaders of the world’s top economies are unlikely to blame U.S. President Donald Trump for the war-driven slowdown when they meet in France to discuss the economy on Wednesday.
In the span of just a few months, Irene Roggero Ugues watched her daughter Rossella’s behaviour change as social media fed her an increasing stream of self-harm content, before the 12-year-old died by suicide.
France is using its G7 presidency to spotlight mounting global economic imbalances, as China’s surging exports, chronic U.S. deficits and Europe’s weak investment risk exacerbating trade tensions and exposing the world economy to financial shocks.
G7 host France is pushing partners to agree a statement on critical minerals on Wednesday that could include measures to help the West reduce its reliance on China and shield investors from counter-measures and dumping, diplomats said.
The U.S. has held off adding China’s AI startup DeepSeek, memory chipmaker CXMT and more than 100 other companies flagged as national security risks to a trade blacklist, according to two people familiar with the matter, as the Trump administration tries to avoid escalating tensions with Beijing.
In the run-up to becoming leader of the Federal Reserve, Kevin Warsh flagged as a cornerstone issue his belief that the central bank’s bond holdings must be reduced because they are too big and harmful to the U.S. economy.
France’s Renault Group will produce military drones with defence technology firm Thales , the companies said on Tuesday, marking a further push by the automaker into defence manufacturing.
Work crews poured hydrogen peroxide into the newly repainted Lincoln Memorial Reflecting Pool on Tuesday to combat an algae bloom, a little over a week after it was repainted as part of President Donald Trump’s campaign to revamp some of Washington’s major monuments.