Euro zone inflation dips to 2.2% in March as U.S. tariffs loom

Global stocks plummeted following President Trump's announcement of new tariffs, with the S&P 500 experiencing its worst day since 2020, dropping 4.8%. Major companies like Nike and Apple saw significant share declines as Trump maintained that the tariffs would ultimately boost the US economy, despite fears of rising prices and potential retaliation from trade partners, including China and the EU. Analysts warned that these tariffs could lead to a recession in the US and hinder...

Russian President Vladimir Putin faced backlash from Russian parents for sending newly conscripted troops to defend against Ukrainian forces within Russian borders, despite promises not to send them to the frontline in Ukraine. The Ministry of Defence reported that some conscripts were involved in a battle in Kursk, with parents criticizing the lack of training given to their sons. Putin's plan to increase the military to 1.5 million troops by 2026 is at risk due...

On April 3, US stocks plummeted in response to Donald Trump's announcement of sweeping tariffs, resulting in the Dow Jones Industrial Average dropping 4.0% to 40,545.93 and the S&P 500 closing down 4.8% at 5,396.52 - its worst day since June 2020. The Nasdaq Composite also saw a significant decline, falling 6.0% to 16,550.60, marking its largest one-day drop since March 2020 amidst the COVID-19 pandemic. Full Article

Indiana Governor Mike Braun addressed the need for property tax reform, proposing a plan to provide relief for taxpayers while ensuring the health of local governments and schools. Braun's plan, introduced in Senate Bill 1, aimed to cut $4.1 billion across the state by 2028, with amendments removing his original proposal. Braun also discussed the state's economic growth, federal budget reduction efforts, and plans for transitioning to advanced energy facilities in Northwest Indiana. Full Article

Labour is moving forward with controversial reforms to cash ISAs, with Chancellor Rachel Reeves confirming work is underway to potentially lower annual investment limits to encourage savers to consider stocks and shares ISAs. Economists suggest reducing the current £20,000 threshold to £4,000. Reeves acknowledged the importance of cash savings but highlighted the impact of inflation, hinting at potential changes to be revealed at the autumn budget. Full Article

Defence Minister Rajnath Singh emphasized the need for "dynamic perspective planning" for the armed forces to address long-term and short-term challenges amidst current geostrategic changes and global security scenarios. During the Army Commanders' Conference, he stressed the importance of doctrinal changes to ensure the armed forces are future-ready and capable of unconventional and asymmetric warfare. Singh also highlighted the interconnected nature of the present world, underscoring the significance of being prepared for complex global situations...