World economy may split into rival blocs – ECB

Fragmentation will have severe implications for global trade and financial stability, Christine Lagarde warns Growing geopolitical tensions could accelerate the world economy’s deglobalization process, which would have far-reaching implications for all, European Central Bank (ECB) President Christine Lagarde warned on Friday.

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Iran will ‘do whatever it takes’ to help Hamas – top commander

The leader of the Quds Force made the pledge following reports that Tehran was seeking to avoid direct involvement in the Gaza conflict The head of Iran’s elite Quds Force has vowed to do “whatever it takes” to back Hamas in its war with Israel, claiming that the Palestinian militant group is headed for an…

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‘One horror does not justify another’ – Borrell to Israel

The EU’s top diplomat has said he is “shocked by the human suffering” on both sides of the conflict EU foreign policy chief Josep Borrell has urged Israelis not to be “consumed by rage” over the deadly October 7 attack by Hamas, arguing that one act of violence can not warrant another.

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