Relations between India and Pakistan are cratering following a deadly attack in the disputed Himalayan region of Jammu and Kashmir that left more than two dozen tourists dead...

India has announced a raft of measures downgrading its ties to Pakistan, days after gunmen killed 26 people in the tourist town of Pahalgam in the disputed region Kashmir. India’s Foreign Secretary Vikram Misri told a media briefing on Wednesday that cross-border linkages of the April 22 attack in Indian-administered Kashmir had been “brought out” and that the government had decided to act against Pakistan.

The Central Bank of the Republic of Türkiye raised the interest rate to 46 percent. Thus, the central bank increased the interest by 350 basis points. The central bank made the following statement:...

British Steel, operating the UK's last two blast furnaces in Scunthorpe, faced potential closure when its Chinese owner, Jingye Group, declined a £500 million government offer to continue operations. This move threatened the end of primary steel production in the UK and jeopardized approximately 2,700 jobs.