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The Bank of England cut interest rates to 4.5% amid weak UK growth, signaling further reductions ahead as inflation slows and economic uncertainty persists.

The EU will hold Temu and Shein liable for unsafe product sales as part of a crackdown on low-cost e-commerce imports, aiming to protect consumers and level competition.

Nvidia stock climbed 4% as Alphabet’s $75B capex plan reassured investors that AI spending remains strong despite concerns over China’s DeepSeek AI model.

Eleven people were killed in a mass shooting at Campus Risbergska in Örebro, Sweden. The suspected gunman is among the dead as police investigate the motive behind the attack.

EU leaders commit to boosting defense spending, focusing on air and missile defense, military mobility, and procurement to strengthen Europe’s security and strategic autonomy.

Trump warns tariffs on the EU and UK are imminent, citing trade imbalances, but signals Britain may negotiate a deal to avoid levies. EU vows to retaliate against potential tariffs.

China imposes new tariffs on U.S. goods, launches an antitrust probe into Google, and files a WTO complaint, escalating trade tensions after Trump’s latest tariff measures.

The EU AI Act is now in force, prohibiting exploitative AI systems and enforcing transparency rules, making Europe the first region to regulate AI development at this scale.

The Korean won hit a new yearly low, falling to 1,471.35 per dollar, as US tariffs and domestic political tensions increase economic uncertainty in South Korea.

WHO and partners have deployed a Sudan virus vaccine trial in Uganda, aiming to halt transmission and protect high-risk populations amid a newly confirmed case and ongoing contact tracing.