Luxury carmaker Ferrari posts 21% hike in full-year profit, sees 2025 growth

A man facing drug charges has challenged Alina Habba's authority as the interim U.S. attorney for New Jersey, prompting a federal judge to pause his trial and transfer the case to Pennsylvania. This legal dispute arises after President Trump appointed Habba, whose nomination was withdrawn after a panel of judges selected another attorney, raising questions about the legitimacy of her prosecutorial actions. Want More Context? 🔎

The IMF has slightly raised its global growth forecasts for 2025 to 3% and 2026 to 3.1%, attributing this to strong pre-tariff purchases and a reduced US effective tariff rate; however, it warns of major risks including potential tariff rebounds and geopolitical tensions. Despite resilience in the global economy, concerns remain about the impact of high tariffs on growth and inflation, with the US expected to see growth of 1.9% in 2025. Want More Context?...

A UN conference in New York, co-chaired by Saudi Arabia and France, adopted an "integrated and actionable framework" for a two-state solution between Palestinians and Israel, as announced by Saudi Foreign Minister Prince Faisal bin Farhan. The conference, amid ongoing violence in Gaza that has resulted in over 60,000 Palestinian deaths, emphasized the need for Palestinian rights and accountability, while Israel and the US opposed the initiative. Want More Context? 🔎

Prime Minister Keir Starmer announced that the UK plans to recognize a Palestinian state at the UN in September unless Israel improves conditions for Palestinians, including allowing aid into Gaza and committing to a two-state solution. Amidst growing pressure and humanitarian aid efforts, including airdrops supported by Germany and other countries, Starmer emphasized the urgent need to alleviate Palestinian suffering. Want More Context? 🔎

Charlton Athletic's U10s team mourns the tragic passing of Ethan Ade-Oduwale, remembered for his smile, energy, and enthusiasm for football. The club expressed heartfelt condolences to his family, with plans to honor his legacy, as he left a lasting impact on teammates and staff at the academy. Want More Context? 🔎

Scott Steer, a commercial fisherman, has received a lifetime fishing ban and other penalties after facing eight charges, including illegally fishing in a closed area and selling over $1 million in unlawfully harvested sea cucumbers. Additionally, he breached a prior order that prohibited him from possessing fishing vessels. Want More Context? 🔎