Urgent warning issued to anybody in UK who buys Calpol, Lemsip or Gaviscon

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Apr 17

US deficit poses ‘significant risks’ to global economy, warns IMF: Fund also cites concerns over fiscal ‘imbalances’ in UK, China and Italy

ft.com/content/0d098011-0ff5-4125-8cbb-5a5b281c9bd0

Quick Glance: IMF Warns of Fiscal Deficits in US and China

The IMF has warned the US that its massive fiscal deficits have stoked inflation and pose “significant risks” for the global economy.

Concerns were also raised about Chinese government debt, with the country projected to have a deficit of 7.6 per cent in 2025, more than double the average for other emerging markets.

In addition to the US and China, the fund named two more countries that “critically need to take policy action to address fundamental imbalances between spending and revenues”.

The IMF noted that “large and sudden increases” in US borrowing costs typically lead to surges in government bond yields globally and exchange rate turbulence in emerging markets and developing economies.

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Bishop stabbed in Sydney church says he forgives attacker: Mar Mari Emmanuel shares message from hospital bed after being attacked while giving a sermon that was ...

thetimes.co.uk/article/sydney-church-stabbing-bishop-mar-mari-emmanuel-qcgtq0hj6

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3h

UK drug shortages swell amid Brexit supply woes, think-tank data shows

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7h

Warwick Davis' wife Samantha dies aged 53: Samantha Davis, who co-founded the charity Little People UK, has died

liverpoolecho.co.uk/news/showbiz-news/warwick-davis-wife-samantha-dies-29015948

Quick Glance: Warwick Davis Mourns Wife Samantha Davis After Her Passing at 53

Actress Samantha Davis, the wife of Star Wars and Harry Potter actor Warwick Davis, has passed away at the age of 53.

Her husband Warwick confirmed Samantha's passing in a statement, revealing that she departed on March 24.

In a statement, Warwick described the impact of Samantha's passing on his and his family's lives.

Warwick also praised Samantha as his 'most trusted confidant and an ardent supporter of everything I did in my career.'

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Qatar reassesses role as mediator in Gaza negotiations: Gulf state criticised by US and Israeli politicians for hosting Hamas leaders

thetimes.co.uk/article/qatar-will-re-evaluate-role-as-mediator-in-gaza-negotiations-8dvlj5dc6

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Apr 16

Brazil seeks to weaken fiscal targets it set only a year ago: Leftist administration of Luiz Inácio Lula da Silva wants greater flexibility on budget surplus ...

ft.com/content/14e6a4d4-8be7-46cf-bb51-8445b0e85dc1

Quick Glance: Brazil Moves to Relax Fiscal Targets Set a Year Ago

The leftist administration of Luiz Inácio Lula da Silva wants more flexibility on budget surplus goals

Brazilian President Luiz Inácio Lula da Silva’s government is seeking to loosen its own budget targets as investor concerns rise about the risk of fiscal slippage in Latin America’s largest economy

Ministers intend to balance the budget next year, replacing the previous goal for income to exceed outgoings by 0.5 per cent of gross domestic product

Analysts warn that the current deficit targets are unrealistic and likely to be tweaked, prompting investors to express concerns about Brazil’s economic approach under Lula

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323

Daily Record (Scotland)

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Meghan fears Archie and Lilibet are growing up 'deprived' of key thing: Meghan Markle is said to be missing "some aspects" of life in the UK and is ...

dailyrecord.co.uk/entertainment/celebrity/meghan-markle-fears-archie-lilibet-32610608

Quick Glance: Discover When Meghan Markle's Jam Will Be Available for Purchase

Shortly after debuting her highly anticipated lifestyle brand American Riviera Orchard, Meghan Markle unveiled the first product.

Markle made a return to Instagram to reveal the brand's identity and a website featuring a logo representing her neighborhood 'Montecito' with a sign-up link for the waitlist.

The initial product will be strawberry jam, with a focus on home, garden, food, and lifestyle content based on information from the trademark application documents.

While the specific release date remains undisclosed, interested individuals can already join the waitlist and anticipate further updates on Markle's product line.

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UK financial sector seeks stronger accountability of regulators: A new sector-wide body could help ensure that Britain's financial regulators fully comply with ...

reuters.com/world/uk/uk-financial-sector-seeks-stronger-accountability-regulators-2024-04-18/

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10h

Crypto miners hoard bitcoin as supply cut looms: Digital assets market prepares for 50% drop in reward for verifying bitcoin transactions

ft.com/content/023abcd1-eda5-4a9e-87d3-ad1c23a7bad3

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UK's easyJet sees strong summer momentum, lifting shares: British airline easyJet said it was confident travel demand would remain strong this summer ...

reuters.com/business/aerospace-defense/uk-airline-easyjet-cuts-winter-losses-says-demand-builds-summer-2024-04-18/

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5h

UK Conservative lawmaker suspended over allegations of misusing funds

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Girl, 2, drowned in farm pond 'after being left unsupervised for 30 minutes': Two-year-old Masie Elizabeth Lomax-Newton tragically died after falling into a pond ...

mirror.co.uk/news/uk-news/girl-2-drowned-farm-pond-32614351

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4h

Blackstone warns that private equity cannot return capital ‘overnight’: Industry sitting on record amounts of unsold assets that will take time to sell even as ...

ft.com/content/79b9dd79-809f-4d10-964b-3e4421dd8c9d

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18h

Financial Times: News, analysis and opinion from the Financial Times on the latest in markets, economics and politics

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13h

‘Blame her’: Meghan’s big Archie, Lili fear: Meghan Markle is reportedly worried about the long-term impacts of her childrens’ separation from their father’s ...

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Man who set fire to UK mosque worshippers indefinitely detained: A man who set fire to two men as they left mosques in Britain last year was sentenced to ...

reuters.com/world/uk/man-who-set-fire-uk-mosque-worshippers-indefinitely-detained-2024-04-17/

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Apr 17

UK inflation falls less than expected to 3.2% in March: Rate continues to drop but economists had forecast a decline to 3.1%

ft.com/content/f70f52d1-87ac-42f9-a0c3-be3e5e88d711

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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.

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Record ocean warming adds to dangers for native fish species, environment chief warns

ft.com/content/28ff3477-f891-4ea5-acb8-750887bdf5f3

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Apr 17

Prince Harry says travel industry must do more for local communities: Britain's Prince Harry said it was crucial the travel industry did better by the local ...

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16h

Hunt says Thames Water must ‘sort out’ its own issues : Chancellor says UK government will never insure investors against poor decisions

ft.com/content/cfbfb778-205b-41b2-a836-6537f03cc30a

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T-Online 8h

After smoking ban in Great Britain: Smoking will soon be illegal in Germany?: Smoking is to be gradually banned in Great Britain. Now the German drug ...

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Britain's insurers under pressure over spike in car insurance premiums

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Latest UK inflation fall matches Bank of England expectations, Bailey says

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Metro (British newspaper)

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Apr 17

ITV winner 'devastated' after disabled dog banned from trip: Saturday Night Takeaway winner Tammie Fox has blasted TUI for barring her paralysed dog from a ...

metro.co.uk/2024/04/17/itv-winner-devastated-disabled-dog-banned-prize-holiday-20662382/

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Apr 17

UK Inflation Stronger Than Expected on Higher Fuel Prices: UK inflation slowed less than expected last month as fuel prices crept higher, underscoring the ...

bloomberg.com/news/articles/2024-04-17/uk-inflation-stronger-than-expected-on-higher-fuel-prices

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Metro (British newspaper)

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Apr 17

Rubber duck bobs all the way to Scotland after epic 18-year journey: It was helpfully marked with information about where it set off from in 2006.

metro.co.uk/2024/04/17/rubber-duck-bobs-way-scotland-epic-18-year-journey-20664451/

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Apr 16

US to grow at double the rate of G7 peers this year, says IMF: Fund also upgrades inflation forecasts as strong demand and tight labour market delay possible Fed ...

ft.com/content/3b819571-662d-4185-9ca5-c7e682b55700

Quick 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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How London Became a ‘Hot Spot’ for Threats Against Iranian Journalists: Iranian reporters and broadcasters in Britain have suffered physical attacks ...

nytimes.com/2024/04/17/world/europe/uk-london-iranian-journalists-repression.html

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Apr 17

Cheers to Posh at 50: Victoria Beckham is the ultimate grafter: She’s been plugging away since Wannabe was a hit when she was 18 and enters her sixth decade as a ...

thetimes.co.uk/article/cheers-to-posh-at-50-victoria-beckham-is-the-ultimate-grafter-5p0vzct3c

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Apr 17

UK trade union law breaches workers' rights, Supreme Court rules

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Apr 17

UK inflation slows by less than expected to 3.2% in March

reut.rs/4aWKyMX

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Metro (British newspaper)

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Apr 17

Baby died at nursery after being 'left strapped face-down to bean bag': Kate Roughley, 37, denies the manslaughter of nine-month-old Genevieve Meehan.

metro.co.uk/2024/04/16/baby-died-nursery-left-strapped-face-down-bean-bag-20659091/

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Apr 17

European stocks suffer worst day in nine months : Strength of US economy prompts investors to scale back expectations for rate cuts

ft.com/content/c6b6b4f7-fb87-40b4-a062-00eef8a8e6fa

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Reuters

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Apr 17

UK house prices fall by least in eight months, ONS says

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Apr 17

Vix ‘fear gauge’ soars on Middle East tension and interest rate shift: Volatility index at highest since October as investors step up protection against downside ...

ft.com/content/dddd996e-0ac0-48cf-b76a-99745e7b4c56

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Apr 17

Eva Okaro becomes first black female swimmer to compete for Great Britain in pool at Olympics

itv.com/news/2024-04-17/okaro-to-become-first-black-female-swimmer-to-compete-in-pool-for-gb-at-olympics

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Apr 17

'I gave birth to a stranger's baby at 27 so I could buy a £400k house': Teale Kelley, 27, helped a couple have a child through surrogacy so she could earn £56 ...

mirror.co.uk/news/us-news/i-gave-birth-strangers-baby-32597411

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Apr 16

Assange extradition moves closer as US provides UK court with assurances

reut.rs/4cZhJkH

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Last Updated	Mar 26 23
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