In his final briefing for the year, Hans Grundberg highlighted the urgent need for stabilization in the Middle East, particularly in Yemen, where ongoing conflicts have led to immense loss. Despite positive steps taken in recent years, including truce agreements and peace commitments, diplomatic engagement remains crucial for sustainable peace in Yemen. The dire humanitarian situation in the country, with millions in need, underscores the importance of immediate action to alleviate the suffering and restore hope for a peaceful future.
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Besieged Reeves hit by even worse than expected economic growth forecast
Rachel Reeves received a boost with the Bank of England cutting interest rates to aid economic growth, benefiting businesses and mortgage holders. However, growth expectations were halved due to increased NHS spending in her Budget, leading to projections of rising inflation. Despite calls for her to do more for struggling businesses, Downing Street reiterated support for Reeves to remain Chancellor for the entirety of the Parliament. Full Article
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