IMF Projects Stable but Underwhelming Global Growth for 2025

The International Monetary Fund (IMF) projects global growth to remain stable but underwhelming at 3.3% in both 2025 and 2026. The latest World Economic Outlook report notes that an upward revision in the United States offsets downward revisions elsewhere. The IMF emphasizes the need for careful sequencing of policy mixes to achieve price stability

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Bank of England Warns of Global Economic Risk Amid US Tariffs

The Bank of England (BoE) has issued a warning about rising global economic risks, primarily citing escalating U.S. tariffs. In its latest Financial Stability Report, the BoE highlighted that these tariffs are dampening global demand and business investment. The report underscores the interconnectedness of global economies and the potential for tra

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Poland's Border Checks: Beginning of the End of Schengen?

Poland's implementation of intensified border checks has raised questions about the future of the Schengen Area, sparking concerns among European nations about the free movement of people. Critics fear these measures could undermine the fundamental principles of the Schengen agreement and lead to further fragmentation within the EU. credit : ???

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Taiwan Begins 10-Day Military Drills to Counter Chinese Threats

Taiwan has commenced its annual 10-day live-fire Han Guang military drills, the longest exercises to date, in response to escalating threats from China. The drills aim to bolster Taiwan's defensive capabilities and demonstrate its readiness to repel potential aggression. The exercises are being closely monitored by regional and international powers

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Greece to Halt Migrant Asylum Processing from North Africa

Greece has declared its intention to suspend asylum applications from migrants arriving from North Africa. This decision is part of a broader effort to manage increasing migration flows and is expected to raise concerns among human rights organizations. The policy aims to deter illegal crossings and streamline immigration procedures. credit : ??

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