Recession in US and EU ‘more likely than not’ – analyst

Major Western economies should expect a significant growth slowdown, according to investment firm PIMCO The US will “more likely than not” fall into recession within the next 12 months, Reuters reported on Thursday, citing Andrew Balls, CIO of US-based investment management firm PIMCO.

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Kiev launches cross-border attack into Kursk Region – governor

Ukrainian forces have attempted a second incursion into Russia’s Kursk Region in the last 48 hours, officials reported on Thursday. A similar operation took place on Tuesday and ended in failure. Russian border guards and military troops will not allow “Ukrainian terrorists” to enter the country, Governor Roman Starovoyt said on social media, adding that fighting…

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US lawmakers push nationwide TikTok ban

GOP Senator Josh Hawley has dubbed the video-sharing app “China’s backdoor into Americans’ lives” Republicans in the House and Senate have introduced legislation seeking to ban TikTok on all devices in the United States – as well as prohibit transactions with its Chinese parent company, ByteDance – claiming it represents a major national security threat.

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