Prime Minister of the United Kingdom since 2022
UK announces $620 million in new military aid for Ukraine and plan to up own defense spending
apnews.com/article/poland-uk-nato-ukraine-sunak-military-aid-be9fa8b106eda83c2da140e0f2774fcb
Quick Glance: UK Boosts Defense Spending, Provides $620 Million Military Aid to Ukraine
- British Prime Minister Rishi Sunak announced an increase in defense spending to 2.5% of GDP by the end of the decade, along with a pledge to provide Ukraine with new military aid totaling $620 million, including weapons, armored vehicles, and ammunition.
- Sunak described the heightened spending as the most significant strengthening of national defense in a generation, emphasizing the need to remain vigilant in the face of current geopolitical threats.
- The UK commits to an additional £75 billion in defense spending over the next six years, aiming to raise defense expenditure to 2.5% of GDP, reaffirming a target set by Boris Johnson in 2022.
- The announcement followed similar moves by the US, approving $61 billion in aid for Ukraine, signaling an escalated international response to Russia's aggression in Ukraine.
Allegra Stratton: A Defensive Election Play: Rishi Sunak is on day two of his trip to the continent. So far, he’s used the trip to announce raising the UK’s ...
bloomberg.com/news/newsletters/2024-04-24/allegra-stratton-a-defensive-election-play
Quick Glance: Increase in UK defence spending by 2030
- Prime Minister Rishi Sunak commits to raising spending to 2.5% of GDP, putting the defence industry on a 'war footing'.
- Sunak emphasized the need for deeper stockpiles of munitions and quicker replenishment due to the events in the Ukraine conflict.
- The planned increase in defence spending would require significant financial reshuffling, partly through announced measures to reduce the size of the civil service.
- Shortly after announcing the pledge to send weapons worth 500 million pounds to Ukraine, this commitment followed.
What is the Rwanda Policy? U.K.’s Plan for Asylum Seekers Explained: The plan has been in the works for years, but the passage of a contentious bill by Britain’s ...
nytimes.com/2024/04/23/world/europe/uk-rwanda-policy-explained.html
Quick Glance: British Parliament Approves Deportations to Rwanda
- The controversial plan to deport refugees to Rwanda has been approved by the British Parliament.
- Despite resistance in the upper house and multiple votes, the law was passed.
- Prime Minister Sunak is pushing for deportations to deter refugees from dangerous crossings.
- Experts question the effectiveness of the measure, while concerns about costs and legal implications persist.
Netanyahu too ‘busy’ to talk to Sunak after RAF helped repel Iranian attack: Israeli leader faces domestic pressure to rebuff international calls for restraint
ft.com/content/db147abd-4c1e-48ac-9d07-280ec583c526
Quick Glance: Netanyahu's Busy Schedule Hinders Communication with Sunak Post-RAF Assistance Against Iranian Attack
- Israeli Prime Minister Benjamin Netanyahu has not yet managed to engage in a conversation with UK Prime Minister Rishi Sunak following the assistance provided by Royal Air Force warplanes in defending the Jewish state from an Iranian aerial assault.
- Efforts are still underway to arrange a discussion between the two leaders, as Netanyahu is under significant domestic pressure to reject calls from the UK, the US, and the EU for restraint after Iran's attack.
- Sunak stated in the House of Commons on Monday that the UK is urgently collaborating with allies to de-escalate the situation and prevent further bloodshed, mentioning that he will communicate with Netanyahu 'shortly'.
- With Netanyahu's right-wing coalition partners pushing for substantial retaliation against Iran, Israel's western allies are advocating for caution and restraint to prevent a regional conflict.
🇬🇧 Prime Minister #RishiSunak has announced that the UK will increase defence spending to 2.5% by 2030. Sunak announced the "biggest strengthening of national ... Show more
Rishi Sunak to pledge more money to support Ukraine: The prime minister is travelling to Poland and Germany, highlighting an additional £500m to Ukraine.
bbc.com/news/uk-politics-68878627
Rishi Sunak Enters Rwanda Migration Plan Endgame With UK Tories Fearing Failure: As Rishi Sunak’s flagship migration policy enters its endgame next week ...
bloomberg.com/news/articles/2024-04-20/rishi-sunak-enters-rwanda-migration-plan-endgame-with-uk-tories-fearing-failure
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Britain to hike defence spending to 2.5% of GDP, Sunak says in Poland: Britain plans to increase its defence spending to 2.5% of gross domestic product (GDP) by ...
nordot.app/1155541370594574471
UK lawmakers back landmark 'smoke-free generation' bill: A plan by Britain’s government to introduce a landmark smoking ban that aims to stop young people from ...
apnews.com/article/britain-smoking-ban-0780fd4fc9afcdc002a0544252ef907a
Quick Glance: UK Lawmakers Support Groundbreaking 'Smoke-Free Generation' Bill
- The British government's plan for a landmark smoking ban to prevent young people from ever smoking passed its first hurdle in Parliament despite opposition from within Prime Minister Rishi Sunak's Conservative Party.
- The bill, announced by Sunak, would make it illegal to sell tobacco products to anyone born after January 1, 2009, creating one of the toughest anti-smoking measures in the world to establish the 'first smoke-free generation' in modern Britain.
- The bill also includes measures to crack down on youth vaping, such as banning the sale of cheap disposable vapes and restricting their flavors to prevent children from becoming addicted to nicotine.
- The number of people who smoke in the U.K. has declined by two-thirds since the 1970s, but approximately 6.4 million people in the country still smoke, accounting for about 13% of the population. Smoking remains the number one preventable cause of death, disability, and poor health.
At least 5 people have died while crossing English Channel, hours after UK approved deportation bill
apnews.com/article/france-migrants-death-english-channel-uk-00d73287212405d70fdb513cd791fcbd
Germany, Britain plan to build remote-controlled howitzers together ｜ DPA: Germany and Britain plan to jointly develop a remote-controlled howitzer for future ...
nordot.app/1155832206230519895
Rishi Sunak, Olaf Scholz Find Common Cause to Support Each Other on Defense: UK-German ties appeared under strain as recently as last month, with British ...
bloomberg.com/news/articles/2024-04-24/rishi-sunak-olaf-scholz-find-common-cause-to-support-each-other-on-defense
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Ex-chief inspector defends Met Police over treatment of Jewish man at protest: Sir Tom Winsor said officer was ‘clumsy’ but doing his duty to prevent disorder ...
thetimes.co.uk/article/met-police-pro-palestinian-protest-errors-6rz6f2st0
Paid articlePaid Rishi Sunak Goes to Warsaw: The Readout With Aibhe Rea: Hi there, I’m Ailbhe Rea, a Bloomberg UK Associate Editor based in Westminster. Hope you enjoy today’s ...
bloomberg.com/news/newsletters/2024-04-23/rishi-sunak-goes-to-warsaw-the-readout-with-aibhe-rea
LIVE: Britain's Rishi Sunak visits military base in Poland
British Prime Minister Rishi Sunak speaks in Warsaw, after meeting Polish Prime Minister Donald ... Show more #britain #rishisunak #poland #reuters #live #news www.reuters.com/
He has been accused of trying to make life harder for people struggling with poor health. www.mirror.co.uk/news/politics/rishi-sunak-accused-full-assault-32624332
'Work is good for mental health': Sunak bats off criticism as he seeks to end 'sick note culture'
itv.com/news/2024-04-19/sunak-to-demand-end-to-sick-note-culture-in-speech-on-welfare-reform
Rishi Sunak expected to unveil new UK warship programme: Premier set to approve plans to replace current amphibious fleet with multi-purpose support ships
ft.com/content/7f30e1e0-d278-4c09-8463-f3afcd6431d4
UK’s Sunak to Visit Poland Soon to Discuss Security, Tusk Says: UK Prime Minister Rishi Sunak will visit Poland “soon” to discuss security topics ...
bloomberg.com/news/articles/2024-04-18/uk-s-sunak-to-visit-poland-soon-to-discuss-security-tusk-says
Paid articlePaid Liz Truss: ‘I don’t believe in guardrails’: Britain’s shortest-serving prime minister on being ejected from office, the need for radical economic remedies — and ...
ft.com/content/8e00461a-b7c7-4761-8186-341a56742bfc
UK Launches Saudi Investment Drive as Sunak Eyes MBS’s Vision 2030: The UK and Saudi Arabia will hold a trade expo in Riyadh next month as Rishi Sunak launches ...
bloomberg.com/news/articles/2024-04-21/uk-launches-saudi-investment-drive-to-grab-share-of-mbs-s-vision
Paid articlePaid Public will be able to use NHS algorithm to sign off sick: Planned revamp includes a website or app as the first point of contact for obtaining a doctor’s note
thetimes.co.uk/article/nhs-algorithm-sign-off-ill-sick-without-doctors-note-76nvtchrg
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English Channel: At least five migrants drown - including a child: At least five migrants die on Tuesday night while trying to cross the English Channel to the ...
welt.de/politik/ausland/article251175628/Aermelkanal-Mindestens-fuenf-Migranten-ertrinken-darunter-ein-Kind.html
U.K. Prime Minister Rishi Sunak Sparks Debate Over Plan to End ‘Sick Note Culture’
time.com/6969002/rishi-sunak-welfare-reform-sick-note-culture-uk/
The prime minister said it was his ‘moral mission’ to reform the welfare system
🔗 www.independent.co.uk/news/uk/politics/rishi-sunak-sickness-benefits-sick-note-b2531633.html
The prime minister may not be around to see it through, but he is pointing the way, writes John Rentoul 👉 www.independent.co.uk/voices/rishi-sunak-long-term-sickness-doctors-b2531404.html
British government's Rwanda deportation plans: Sunak makes short work of the right to asylum
spiegel.de/ausland/grossbritannien-britische-regierung-bricht-internationales-recht-mit-umstrittenen-abschiebeplaenen-a-3d8333be-74c7-474f-b489-5b7ba11d1fe2
UK sends more weapons to Ukraine as Rishi Sunak fears ‘difficult summer’: Prime minister to meet his Polish counterpart Donald Tusk after announcing £500 million ...
thetimes.co.uk/article/uk-sends-more-weapons-to-ukraine-as-rishi-sunak-fears-difficult-summer-spr8mt8r7
Paid articlePaid UK Conservative mayor keeps distance from Sunak in bid to avoid local election wipeout
reuters.com/world/uk/uk-conservative-mayor-keeps-distance-sunak-bid-avoid-local-election-wipeout-2024-04-24/
Criticism of the UK's Rwanda deal: The British parliament has approved the highly controversial Rwanda deal shortly after midnight. The Council of Europe's ...
de.euronews.com/2024/04/23/umstrittener-deal-britisches-parlament-genehmigt-abschiebungen-nach-ruanda
Rishi Sunak said to be 'appalled' by Met Police officer's 'openly Jewish' comment
itv.com/news/2024-04-21/rishi-sunak-appalled-by-met-police-officers-openly-jewish-comment
Liz Truss: The world was safer under Trump: Former PM Liz Truss says she hopes Donald Trump wins the next US election.
bbc.com/news/av/uk-politics-68822886
Quick Glance: Liz Truss: The World Was Safer Under Trump
- Former PM Liz Truss expresses hope for Donald Trump to win the next US election, stating that the world is on the brink of a strong conflict and requires a strong America more than ever.
Rishi Sunak's Long-Term Sick Leave and Disability Benefits Speech: Hi there, I’m Ailbhe Rea, a Bloomberg UK Associate Editor based in Westminster ...
bloomberg.com/news/newsletters/2024-04-19/rishi-sunak-s-long-term-sick-leave-and-disability-benefits-speech
Crossing to Great Britain: Several dead in the English Channel: The Rwanda deal is done, the flight across the English Channel continues. On Tuesday morning ...
spiegel.de/ausland/ueberfahrt-nach-grossbritannien-mehrere-tote-im-aermelkanal-a-f14bf0da-80a6-4a27-bd53-ccca7609143a
Britain names Gwyn Jenkins as national security adviser: Britain will appoint Gwyn Jenkins, one of the country's top generals, as its next national security ...
reuters.com/world/uk/britain-names-gwyn-jenkins-national-security-adviser-2024-04-23/
PIP payment to be overhauled as Sunak shakes up the benefits system: Rishi Sunak has announced a major review of how Britain's disability benefits system ...
inews.co.uk/news/politics/pip-payment-to-be-overhauled-as-sunak-shakes-up-the-benefits-system-3014604
Summer or autumn? Rishi Sunak’s election date dilemma: Prime minister and his advisers are trying to figure out when is the best time to hold a poll
ft.com/content/56c1b4e2-d6c3-43e5-a0f7-e4b0c2d3a1a9
Great Britain announces largest Ukraine aid package since the start of the war: The UK is one of Ukraine's most important supporters. During a visit to Warsaw ...
faz.net/aktuell/politik/ausland/grossbritannien-kuendigt-groesstes-ukraine-hilfspaket-seit-kriegsbeginn-an-19673758.html
Rishi Sunak ‘set us back’ on climate change target, watchdog boss Chris Stark warns
itv.com/news/2024-04-20/rishi-sunak-set-us-back-on-climate-change-target-watchdog-warns
"Free movement within the EU was ended" said a government spokesperson.
🔗 www.independent.co.uk/news/uk/politics/uk-eu-youth-mobility-scheme-travel-b2531866.html
‘It was a reckless and dangerous escalation.’
The UK destroyed “a number of Iranian drones” aimed at Israel, PM Rishi Sunak says as he speaks in the House of ... Show more #iran #israel
Quick Glance: Israel artist calls for Gaza ceasefire
- The representative of Israel at the international art fair is calling for an immediate ceasefire in Israel’s war on Gaza.
- Ruth Patir’s video installation called (M)otherland was scheduled to open on Saturday at Israel’s national pavilion at the international art show but will remain closed for now.
- Patir stated on her website that the artist and curators are showing solidarity with the families of the hostages and the large community in Israel calling for change, rather than canceling themselves or the exhibition.
- It is believed that there are still individuals in Gaza, including 129 captives taken during the attacks led by Hamas on Israel on October 7, with 34 of them presumed dead.
Ukraine war in the live ticker: +++ 5:16 p.m. Biden: New military package for Ukraine “in the next few hours” +++
n-tv.de/politik/17-16-Biden-Neues-Militaerpaket-fuer-Ukraine-in-den-naechsten-Stunden--article23143824.html
Quick Glance: State Customs Service: Polish Protesters Cease Border Blockade
- The blockade by Polish protesters at the Yahodyn-Dorohusk border crossing on the Polish-Ukrainian border was lifted by Ukraine's State Customs Service on April 22.
- Traffic flow in both directions was restored as of 1:40 p.m.
- As per Valentyna Chernysh, a representative of the customs office in Volyn Oblast, there were 400 trucks queued on the Polish side of the border, with an additional 140 in a digital queue.
- Despite a reduction in border blockades, the State Customs Service indicated on April 17 that Polish protesters intended to block the Korczowa-Krakovets border crossing for a two-day period.
RAF shot down 'a number of drones' in Iran's attack on Israel: Rishi Sunak has confirmed that the RAF shot done Iran attack drones headed towards ...
news.sky.com/story/raf-shot-down-a-number-of-drones-in-irans-attack-on-israel-pm-confirms-13115066
#BREAKING | "I condemn in the strongest terms the Iranian regime's reckless attack against Israel," says UK PM #RishiSunak on Iran drone attack on Israel ... Show more #Iran #Isreal
Germany urges UK’s Rishi Sunak to spend big on defense: Russian threat looms large as Chancellor Olaf Scholz prepares to welcome British PM to Berlin.
politico.eu/article/rishi-sunak-olaf-scholz-uk-germany-wants-rishi-sunak-to-spend-big-on-defense/
Ukraine live ticker: Apparently drone attacks in several regions of Russia | FAZ: Ukraine live ticker 2023: Current news & news about the Ukraine war ► Read the ...
faz.net/aktuell/politik/ukraine-liveticker-offenbar-drohnenangriffe-in-mehreren-regionen-russlands-faz-19030454.html
Rishi Sunak's Rwanda bill to become law after late-night showdown: Parliamentary stand-off ends, opening the way for asylum seekers to be sent to the African ...
bbc.com/news/uk-politics-68840441
GPs like me know better than Rishi Sunak – his ‘sick note culture’ war hurts us all
metro.co.uk/2024/04/22/gps-like-know-better-rishi-sunak-sick-note-culture-war-hurts-us-20695017/
PM Sunak sets Britain back on climate change, says watchdog head: Prime Minister Rishi Sunak has set Britain back on tackling climate change and must do more on ...
reuters.com/business/environment/pm-sunak-sets-britain-back-climate-change-says-watchdog-head-2024-04-20/
Feeling depressed doesn’t mean you can’t work, Sunak says in welfare reform speech
independent.co.uk/tv/news/sunak-welfare-reform-speech-depression-work-b2531453.html
Join Nina Hossain and ITV News Political Editor Robert Peston as Prime Minister Rishi Sunak sets out details of his flagship Rwanda Bill ahead of the final ... Show more www.itv.com/watch
Liz Truss: ‘I don’t believe in guardrails’: Britain’s shortest-serving prime minister on being ejected from office, the need for radical economic remedies — and ...
ft.com/content/8e00461a-b7c7-4761-8186-341a56742bfc
🇬🇧 Britain's PM announces plans to crackdown on 'sick note culture'.www.euronews.com/business/2024/04/19/britains-pm-announces-plans-to-crackdown-on-sick-note-culture
Rishi Sunak 'rejects post-Brexit youth mobility scheme' : Downing St said it wants to make deals with individual EU member states
standard.co.uk/news/uk/rishi-sunak-post-brexit-youth-mobility-scheme-eu-uk-b1152731.html
Quick Glance: UK rejects mobility agreement with Europe for young people
- The government has ruled out any post-Brexit deal that would make it easier for young Britons to live, study, and work in the EU.
- Labour also rejected the possibility of an EU-wide scheme and prefers to improve the UK's working relationship with the EU within their red lines.
- A campaign group urged MPs to listen to British young people who deserve the opportunities presented by the plan.
- The EU suggested that Britain had expressed interest in youth mobility deals with individual member states but favored an EU-wide approach to ensure equal treatment for all members.
Allegra Stratton: The Two-Year Flight: It will be a long night for MPs as the government is determined to get the Rwanda legislation done ...
bloomberg.com/news/newsletters/2024-04-22/allegra-stratton-the-two-year-flight
Angela Rayner has branded Rishi Sunak a "pint-sized loser" as she ripped into the Tories' housing failures #mirrorpolitics #dailymirror #fyp #rishisunak #angelarayner
The Brexit revelations: May’s no-deal, a Canada plan and mating porcupines: Blundering, backstabbing, tampering with chairs … our chief political commentator has ...
thetimes.co.uk/article/my-brexit-revelations-mays-no-deal-a-canada-plan-and-mating-porcupines-fhbdvt3sx
Paid articlePaid Britain is moving to prohibit tobacco sales to those born after 2009 in a bid to create a smoke-free generation
Have your say 👉 www.independent.co.uk/news/uk/politics/rishi-sunak-smoking-ban-debate-b2531282.html
Rishi Sunak faces cabinet revolt over leaving ECHR: Chancellor, home secretary and justice secretary are among a dozen ministers against leaving the European ...
thetimes.co.uk/article/rishi-sunak-faces-cabinet-revolt-over-leaving-echr-k8tfndfxq
Paid articlePaidQuick Glance: Cabinet Revolt Looms Over Rishi Sunak's ECHR Exit
- According to reports by The Times, Rishi Sunak would face opposition from at least 12 cabinet ministers if he decides to leave the European Convention on Human Rights.
- It is understood that Jeremy Hunt, the chancellor, James Cleverly, the home secretary, Alex Chalk, the justice secretary, and Chris Heaton-Harris, the Northern Ireland secretary, are among those against leaving the convention.
- Following a significant ruling by the European Court of Human Rights in Strasbourg on Tuesday that governments have a duty to protect people from climate change, there is a growing sentiment among Conservative MPs to withdraw from the ECHR.
- Last week, Sunak issued a threat to exit the ECHR if flights to Rwanda are not resumed.
UK to deploy Typhoon fighter jets to Poland: The United Kingdom announced plans to send Typhoon fighter jets to Poland to defend its airspace ...
defence-blog.com/uk-to-deploy-typhoon-fighter-jets-to-poland/
BREAKING: PM Rishi Sunak confirms the RAF shot down "a number" of Iranian attack drones overnight
Latest: trib.al/Rx0iR33 📺 Sky 501, Virgin 602 ... Show more
Rishi Sunak says he will reform 'sick note culture' with reform to the disability benefits system. The prime minister's proposed changes involve shifting the ... Show more #Healthcare #NHS #GPs #RishiSunak #UKnews #channel4news
UK’s Sunak hopes to deepen defence ties on trip to Germany: Prime Minister Rishi Sunak meets German Chancellor Olaf Scholz on Wednesday, a long-awaited trip to ...
reuters.com/world/europe/uks-sunak-hopes-deepen-defence-ties-trip-germany-2024-04-23/
A key plank in Britain's plan to send migrants to Rwanda is set to become law: A key plank in the British government’s plan to send some asylum-seekers on a ...
apnews.com/article/uk-rwanda-migrants-deportation-law-parliament-0057c79b9cc00e6815c294aceb876788
Rishi Sunak ‘has nothing left to lose’ and may hold election as early as June: Rishi Sunak is considering holding the General Election as early as June or July.
metro.co.uk/2024/04/20/rishi-sunak-has-nothing-left-lose-may-hold-election-early-june-20685077/
The Israeli Prime Minister said he spoke with Rishi Sunak and appreciates suggestions and advice but emphasised that Israel will make its own decisions in its ... Show more #iran #israel #middleeast #benjaminnetanyahu
U.K. Rams Through Plan to Deport Asylum Seekers to Rwanda Despite Major Legal and Rights Concerns
democracynow.org/2024/4/23/headlines/uk_rams_through_plan_to_deport_asylum_seekers_to_rwanda_despite_major_legal_and_rights_concerns
UK PM Sunak to consult on tougher rules to combat 'sick note culture': British Prime Minister Rishi Sunak will look at tightening the rules for long-term sick ...
reuters.com/world/uk/uk-pm-sunak-consult-tougher-rules-combat-sick-note-culture-2024-04-18/
The British Parliament has approved the controversial plan ...www.tagesspiegel.de/internationales/migranten-sollen-nach-afrika-gebracht-werden-britisches-parlament-genehmigt-asylpakt-mit-ruanda-11557781.html
Rishi Sunak's war on 'sick note culture' makes me sick with worry: Jack Wynn was signed off work for 2 months for his mental health. He believes Rishi ...
metro.co.uk/2024/04/19/rishi-sunaks-war-sick-note-culture-makes-sick-worry-20682363/
You can get a note giving you a month off work for £25 without seeing GP: Anyone can get weeks off work by filling in a short form and paying for the paperwork
walesonline.co.uk/news/uk-news/you-can-note-giving-you-29030744
Rishi Sunak’s plan to cut sickness benefits bill prompts charity fury: The prime minister said it was a ‘moral mission’ to reform the welfare system
independent.co.uk/news/uk/politics/rishi-sunak-sickness-benefits-sick-note-b2531633.html
Liz Truss says Tories are part of a Blairite attempt to silence her: Reform UK leader Richard Tice said the Conservative Party is 'socialist' and ...
inews.co.uk/news/politics/liz-truss-tories-blairite-silence-3017048
Controversial migration policy: German MPs protest against Sunak's Rwanda deal: Rishi Sunak meets with Chancellor Scholz in Berlin. Members of the SPD ...
spiegel.de/politik/deutschland/deutsche-abgeordnete-protestieren-gegen-rishi-sunaks-ruanda-deal-a-7de3236e-de2f-48b0-b86d-f4983bccda45
UK to buy German-made new artillery system: British Prime Minister Rishi Sunak is set to convene with German Chancellor Olaf Scholz in Berlin to fortify defense ...
defence-blog.com/uk-to-buy-german-made-new-artillery-system/
Lords delay Rwanda bill to next week in blow to Rishi Sunak's agenda: The government was defeated twice, with peers backing the need for a report before ...
news.sky.com/story/lords-delay-rwanda-bill-to-next-week-in-blow-to-rishi-sunaks-agenda-13117237
"Inflation is expected to continue falling. These things don't happen by accident. It's because we have a plan, and that plan is working ... Show more news.sky.com/story/bank-of-england-governor-talks-up-rate-cut-prospects-as-inflation-eases-to-3-2-13116964
Quick Glance: Powell Warns of Lack of Progress on Inflation
- Federal Reserve Chair Jerome Powell emphasized that the U.S. economy, while otherwise strong, has not seen a return of inflation to the central bank's target.
- Powell mentioned that the current policy should remain in place as inflation has not declined quickly enough and there has been no further progress towards the 2% goal.
- Since July 2023, the Fed has maintained its benchmark interest rate in a target range between 5.25% and 5.5%, the result of 11 consecutive rate hikes.
- Financial markets have had to adjust their expectations for rate cuts this year as inflation has been higher than expected, and the Fed's policy continues to be dependent on data.
Sunak Faces Election With Second Lowest Growth in G-7, IMF Warns
bloomberg.com/news/articles/2024-04-16/sunak-faces-election-with-second-lowest-growth-in-g-7-imf-warns
Paid articlePaidQuick Glance: IMF upgrades global growth forecast despite risks
- The International Monetary Fund slightly raised its global growth forecast on Tuesday, noting that the economy had proven 'surprisingly resilient' despite inflationary pressures and monetary policy shifts.
- IMF's chief economist, Pierre-Olivier Gourinchas, indicated that the global economy is heading for a 'soft landing,' with risks to the outlook now broadly balanced.
- While advanced economies are expected to lead the growth, dim prospects in China and other major emerging markets could impact global trade partners, according to the report.
- Despite Tuesday's brighter outlook, global growth remains low compared to historical standards, partly due to weak productivity growth and increasing geopolitical fragmentation.
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