Global markets and businesses were thrown into disarray following U.S. President Donald Trump’s tariff policy, with the European Union hit by 20% duties and the U.K. by 10%. Policymakers’ responses and the potential escalation of conflict are now under scrutiny. Analysts predict economic slowdown and trade disruptions, with few winners expected, despite some positive and negative movements in European assets on Thursday.
Full Article
Egypt, Tunisia, Algeria call on Libyan parties to cease escalation, hold simultaneous elections – Middle East Monitor
Summary Egypt, Tunisia, and Algeria called for an immediate end to the escalation in Libya and urged for simultaneous parliamentary and presidential elections during a trilateral meeting in Cairo. The foreign ministers emphasized the need for restraint among Libyan parties amid renewed clashes in Tripoli, highlighting the importance of advancing Libya’s political process and unifying institutions. This meeting aims to reactivate a previously suspended tripartite coordination mechanism to support peace and stability in Libya, with...
Read more