UK economy will be among hardest hit by global trade war, IMF warns
Tuesday, 22 April 2025 Britain's economy will be among the hardest hit by the global trade war and inflation is set to climb, the International Monetary Fund (IMF) has warned – as it slashed its UK growth forecast by a third.
IMF chief: European lifestyle is at risk if productivity isn’t boosted
Progress on the single market needs to be a priority for the European Union, Kristalina Georgieva told Euronews.
READ MORE : http://www.euronews.com/2025/06/19/imf-chief-european-lifestyle-is-at-risk-if-productivity-isnt-boosted
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Credit: euronews (in English) Duration: 02:18Published
Middle East conflict adding to uncertainty amid trade tensions, IMF chief says
Former European Commission Vice-President and current IMF chief Kristalina Georgieva spoke to Euronews about the state of the global economy amid escalating trade tensions and the outbreak of a new conflict involving Iran.
READ MORE : http://www.euronews.com/2025/06/18/middle-east-conflict-adding-to-uncertainty-amid-trade-tensions-imf-chief
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Credit: euronews (in English) Duration: 03:00Published
Behind the scenes of the India-Pakistan ceasefire lies calculated pressure from the United States. Relying heavily on U.S.-controlled IMF loans and military aid, Pakistan was reportedly nudged by Washington to de-escalate. The U.S. is believed to have used its sway over Pakistan’s military, intelligence ties, and influence in international forums—possibly with help from Saudi Arabia—to defuse tensions. The strategic move helped avoid a full-scale conflict, as India also agreed to the ceasefire to ensure economic stability and regional peace.
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India’s powerful and precise military response under Operation Sindoor forced Pakistan to seek a ceasefire, following the brutal terror attack in Pahalgam. The Indian Army’s targeted strikes on nine terror hubs across Pakistan and PoK sent a clear message: terror will be met with force. Despite international outreach, including behind-the-scenes pressure from the U.S. reportedly linked to Pakistan’s IMF bailout, India held its ground—refusing any political dialogue or compromise. The ceasefire was brokered solely through military channels, with Pakistan’s DGMO reaching out first. Indian officials have reiterated: any future provocation will cross a red line.
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Heavy shelling by Pakistan rocked the Uri sector today, damaging 5–6 shops in the Bandi area and striking dangerously close to the national highway between Uri and Baramulla. One shell hit a moving bike, escalating fears among civilians. Indian forces swiftly retaliated, targeting Pakistani positions with precision. This latest provocation adds to a growing list of ceasefire violations, pushing tensions higher along the Line of Control. The Army remains on high alert, and the damage on the Indian side underscores the gravity of the current standoff.
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