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Christine Lagarde said coercive trade policies cannot fix financial imbalances. She spoke in Beijing and urged policy adjustments to ease tensions. Lagarde noted a sharp rise in industrial policies boosting domestic capacity. She highlighted the surge in global demand from the United States. Lagarde suggested respecting global rules and forging mutually beneficial agreements. These steps can resolve the conflict.
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Jetstar Asia has struggled with rising supplier costs, high airport fees and increased competition.
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In Gaza, desperate Palestinians seeking aid faced renewed violence, resulting in 36 deaths and 207 injuries, as reported by the Palestinian Health Ministry. Amidst a dire humanitarian crisis exacerbated by Israel's blockade, civilians are killed while trying to obtain essential food supplies. Ceasefire negotiations show progress, but the situation remains critical, with the UN rejecting the new aid system.
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News and Media
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