‘Uncertainty is the new normal’: IMF chief warns of economic turbulence, urges nations to ‘buckle up’

IMF chief Kristalina Georgieva warns global economic resilience may falter despite current strength, citing President Trump’s tariffs and rising geopolitical tensions. She urges caution, noting the full impact of trade penalties is yet to unfold and could fuel inflation. Georgieva also highlights widespread youth frustration over limited opportunities, calling for structural reforms globally and fiscal…

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Donald Trump vs US states: President says Chicago mayor, Illinois governor ‘should be in jail’ – ICE row escalates

Former President Donald Trump called for the imprisonment of Chicago Mayor Brandon Johnson and Illinois Governor JB Pritzker, accusing them of failing to protect federal immigration officers. This statement follows Johnson’s executive order designating city property as an ‘ICE Free Zone’ and amid broader disputes over federal troop deployments in Democratic-led cities.

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SoftBank buys ABB Robotics for $5.4 billion: Why this deal is Big for both companies

Japanese tech giant SoftBank is acquiring ABB’s robotics unit for $5.4 billion, signaling a major push into “Physical AI.” This strategic move by SoftBank founder Masayoshi Son aims to bolster its AI investments. Meanwhile, ABB CEO Morten Wierod is divesting the struggling robotics division to fund growth in electrification and automation, with the deal expected…

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