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Global military spending rises 2.9% despite US decline over Ukraine freeze

Global military spending rises 2.9% despite US decline over Ukraine freeze

By Johan Ahlander STOCKHOLM, April 27 (Reuters) - Global military spending rose 2.9% in 2025 despite a 7.5% decline in the United States as President Donald Trump halted new financial military aid to Ukraine, a report by a conflict think-tank showed on Monday.
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Tired and worried, seafarers have been stranded in the Persian Gulf for weeks

Tired and worried, seafarers have been stranded in the Persian Gulf for weeks

Around 20,000 seafarers on hundreds of vessels are stuck in the Persian Gulf, unable to cross the Strait of Hormuz that remains effectively shut by Iran
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German business sentiment hits lowest since 2020 as Iran war weighs

German business sentiment hits lowest since 2020 as Iran war weighs

By Maria Martinez BERLIN, April 24 (Reuters) - German business morale fell more than expected in April, posting the lowest reading since May 2020, as the Iran war threatens the long-awaited recovery of Europe's biggest economy.
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A fragile hold: Five questions for the ECB

A fragile hold: Five questions for the ECB

By Yoruk Bahceli and Stefano Rebaudo LONDON, April 24 (Reuters) - The European Central Bank meets next Thursday, with an Iran war ceasefire easing the pressure on it for an immediate interest rate hike.
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French consumer confidence falls sharply in April as war takes toll on economy

French consumer confidence falls sharply in April as war takes toll on economy

April 24 (Reuters) - French consumer confidence fell sharply in April, recording its largest drop since the start of the Ukraine war in 2022, the INSEE official statistics agency said on Friday.
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China bans dual-use item exports to seven European entities over Taiwan arms sales

China bans dual-use item exports to seven European entities over Taiwan arms sales

BEIJING, April 24 (Reuters) - China's Commerce Ministry said on Friday it was banning exports of dual-use items to seven European entities over arms sales to Taiwan, placing them immediately on its export control list, in a rare case of Europe-targeted, Taiwan-related sanctions.
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Norway should use wealth fund for aid due to oil price rise in Iran war, Egeland says

Norway should use wealth fund for aid due to oil price rise in Iran war, Egeland says

By Gwladys Fouche OSLO, April 24 (Reuters) - Norway should use some of the income from its $2.2 trillion sovereign wealth fund, the world's largest, to help civilians suffering from the war in Iran, like it did for Ukraine, the head of the Norwegian Refugee Council aid group said. 
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UK motorists' fuel dash as Iran war began boosts retail sales

UK motorists' fuel dash as Iran war began boosts retail sales

LONDON, April 24 (Reuters) - British motorists rushed to buy fuel immediately after the start of the Iran war, pushing up total sales volumes for the country's retail sector by more than expected in March, official data showed on Friday.
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U.S. Consumer Sentiment Shows Slight Rebound Amid Economic Concerns

U.S. Consumer Sentiment Shows Slight Rebound Amid Economic Concerns

U.S. Consumer Sentiment Shows Slight Rebound Amid Economic Concerns
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European shares fall, set for weekly loss on Middle East worries

European shares fall, set for weekly loss on Middle East worries

April 24 (Reuters) - European shares fell on Friday and were set to end the week lower, as investors remained concerned about the lack of progress toward a resolution to the Middle East conflict, while also keeping a close watch on corporate earnings.
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Prince Harry Visits Ukraine Amid Global Focus on US-Iran Conflict

Prince Harry Visits Ukraine Amid Global Focus on US-Iran Conflict

Prince Harry made a surprise visit to Kyiv, Ukraine, to participate in the Kyiv Security Forum. His visit aims to draw attention to Ukraine's ongoing challenges amid the global focus on the US-Iran conflict. Prince Harry, who arrived from Poland, expressed his support for the Ukrainian people and highlighted the importance of not losing sight of Ukraine's significance in defending Europe's eastern flank.
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German prosecutors investigate phishing attack targeting politicians

German prosecutors investigate phishing attack targeting politicians

BERLIN, April 24 (Reuters) - German federal prosecutors are investigating phishing attacks made via messaging apps, they said on Friday, after the country's main intelligence service warned of a campaign targeting high-profile politicians, diplomats, military officers and journalists.