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IMF Sees Global Economy Holding Firm Despite Trade and Geopolitical Shocks

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The International Monetary Fund’s upcoming growth forecasts are expected to show that the global economy remains resilient to trade disruptions, with overall performance still “fairly strong,” IMF Managing Director Kristalina Georgieva said in an interview with Reuters. Speaking during a visit to Kyiv, Georgieva indicated the IMF could slightly raise its projections again,

Ukraine Declares Energy Emergency as Winter Cold and Russian Strikes Batter Kyiv

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Ukraine has declared a state of emergency in its energy sector, particularly targeting Kyiv, as ongoing Russian attacks continue to leave thousands of residents without power amid harsh winter conditions. Overnight temperatures in the capital recently dropped to around -20°C, exacerbating the humanitarian impact of missile and drone strikes that disrupted electricity,

Chiara Ferragni Acquitted in ‘Pandorogate’ Charity Cake Case

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Italian fashion influencer Chiara Ferragni has been acquitted of aggravated fraud charges, bringing to an end a two-year controversy over the promotion of charity-linked Christmas cakes and Easter eggs. A Milan court cleared Ferragni and two co-defendants after a fast-track trial, rejecting prosecutors’ claims that consumers had been deliberately misled. Conviction could

Ukraine Accuses Former PM Tymoshenko in Alleged Vote-Bribery Scheme

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Ukrainian anti-corruption investigators have accused former prime minister and opposition leader Yulia Tymoshenko of bribery, alleging her involvement in a vote-buying scheme, a source familiar with the case said on Wednesday. The accusation comes as part of a widening anti-graft crackdown that has shaken Ukraine’s political establishment. The National Anti-Corruption

Germany’s Finance Minister Urges “European Patriotism” to Safeguard Economy

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Germany’s finance minister Lars Klingbeil has called for a new era of “European patriotism” to protect the continent’s economic interests amid rising global tensions. Speaking at a lecture in Berlin, Klingbeil proposed that companies receiving state aid should be required to keep jobs within Europe and that public procurement policies should prioritise goods produced in