Category : Economy


UK Housing Market Weakens Amid Iran War Fears

Estate agents report a softening in demand from homebuyers due to fears of rising mortgage rates and inflation linked to the Middle East conflict, with sales and prices falling.

UK Economy Grows 0.6% in Q1 2026

The UK economy recorded its strongest quarterly growth in a year, with GDP rising by 0.6% in Q1 2026, driven by services sector expansion.

UK Economy Stalls with Zero Growth in Q3 2025

New ONS data reveals the UK economy recorded zero growth in the third quarter of 2025, raising concerns for Chancellor Rachel Reeves and the Labour government's economic strategy.

Asian Stocks Mixed After Trump-Xi Summit

Asian shares were mixed Thursday as investors assessed the Trump-Xi summit. Tokyo's Nikkei rose, while Shanghai fell. Oil prices climbed amid Iran war concerns.

Somalia Drought Worsens as Aid Dwindles

Somalia is experiencing a catastrophic drought, with millions facing hunger and aid cuts worsening the crisis. Nearly half a million children may face severe acute malnutrition.

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