Thursday, 20 March 2025 The Bank of England has kept interest rates on hold as it warned of growing economic uncertainty linked to Donald Trump's trade war.
The Bank of England has kept interest rates on hold at 4.5%, warning that US President Donald Trump's trade war has intensified global economic uncertainty. The Bank says there are indications an increasing number of companies plan to let workers go when national insurance contributions rise next...
Mark Carney is set to become Canada’s next Prime Minister after a landmark Liberal victory over the Conservatives. Once an unelected leader appointed after winning the Liberal Party leadership in March 2025, Carney now holds a voter-backed mandate. The former Governor of the Bank of Canada and Bank of England, Carney is renowned for steering economies through crisis—from the 2008 financial meltdown to Brexit. With growing tensions from the U.S., including threats from President Donald Trump over trade and sovereignty, Carney faces challenges aplenty. Watch now for a deep dive into how this economist-turned-politician secured power and what it means for Canada’s future.
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There is growing speculation of a pick up in the pace of Bank of England interest rate cuts as the outlook for the UK economy darkens, with fresh data suggesting.. Sky News
Financial markets have priced in a 100% chance of a Bank of England interest rate cut next month, as the effects of Donald Trump's evolving trade war continue to.. Sky News
Former Bank of England policymaker Michael Saunders welcomed March’s lower inflation but warned it may be short-lived. He said rising energy bills, tax hikes, and fallout from US trade tensions could push UK inflation above 3% next month, while also slowing growth, investment and potentially increasing unemployment later this year. Report by Covellm. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn
Canada's new Prime Minister Mark Carney is taking a firm stand against President Trump’s aggressive trade rhetoric. After winning a Liberal minority, Carney made it clear that Canada will only engage with Washington on equal terms. He rejected Trump’s “51st state” comment and emphasized Canada’s sovereignty and global partnerships. Carney plans to prioritize respect, fairness, and mutual interest in trade talks—vowing to push back on U.S. tariffs and strengthen ties with Europe and the UK. The upcoming G7 summit may be the first major test of this reset.
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U.S Special Envoy Steve Witkoff recently met Russian President Vladimir Putin in a bid to persuade Russia for a ceasefire deal in Ukraine. This was the 4th such meeting in just over 2 months, but there seems to be no breakthrough yet as Putin remains firm recognition of Russia's control over Crimea and the four regions under Russian control since 2022. With peace talks stalling, could a Putin-Trump summit be the only path forward?
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In a significant development for US-India relations, President Donald Trump has revealed that trade negotiations with India are "coming along great," fueling expectations of a groundbreaking trade deal in the near future. This could be the first major post-tariff agreement, marking a new chapter in bilateral economic ties between the two nations. With both sides eager to finalize terms, could this deal reshape global trade dynamics? In this video, we break down everything you need to know about the Trump administration’s strategy and what this potential deal means for both the US and India.
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In a stunning offhand comment that’s sparked global buzz, U.S President Donald Trump reportedly said, “I’d like to be the next Pope,” following the death of Pope Francis. The remark—interpreted by many as sarcastic—has triggered a wave of reactions from political leaders, religious figures, and the public alike. Is Trump serious, or is this another provocative headline-grabber? Here’s everything we know so far.
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