Trade frictions threaten confidence in global economy, warns NBK official

Pan Gongsheng, Deputy Governor of the People’s Bank of China, warns of a serious threat to confidence in the global economy due to rising trade frictions. He emphasises that protectionist measures could undermine the stability needed to recover from the recent turmoil. Pan calls on countries to engage in dialogue and coordination to maintain an open trading system. Experts point to possible consequences such as slower GDP growth and higher prices for consumers. Can the international community find common ground to avoid escalation? Read on to find out more!
“There is no other way but weapons”: Ukrainians do not believe in Trump’s peace plan after Russian attack on Kyiv

After Russia’s deadly strike on Kyiv, Ukrainians criticise Donald Trump’s ideas about “ending the war quickly” and call for more military aid.
Russian aircraft drop bomb on residential building in Yarova: father and son killed

On Friday, 25 April, Russian aircraft carried out a horrific strike on the village of Yarova in Donetsk region, killing a father and son. This tragic incident is yet another example of the targeting of civilian objects, resulting in the deaths of civilians. In addition, the attack damaged dozens of residential buildings and other structures. The Donetsk Regional Prosecutor’s Office has already launched an investigation to bring those responsible to justice. Read more about the aftermath of this horrific attack and its impact on the local community.
Apple moves iPhone production for the US to India: a major supply chain reorientation

Apple plans to move production of all iPhones for the US market to India by the end of 2026, reducing its dependence on China amid growing trade tensions between the US and China.