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Libre News of The World. Friday the 20th of June 2025
Manage episode 489701197 series 3593504
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UK Recruiter Hays Issues Stark Profit Warning Amid German Hiring Slump — Hays warns of a 57% drop in annual operating profit due to weakness in Germany’s automotive sector, a slowdown reportedly costing around 90,000 jobs; stock dropped to a 13‑year low. (ZDF.de)
Russia Teeters on Edge of Recession, Economy Minister Warns — At the St. Petersburg Economic Forum, Economy Minister Maxim Reshetnikov cautioned that despite a slight interest rate cut, high borrowing costs continue to choke investment, putting Russia “on the verge” of recession. (Kommersant)
Deadliest Missile and Drone Strike Hits Kyiv—28 Civilians Killed — In the most lethal assault of the year, over 440 drones and 32 missiles struck Kyiv, destroying a Solomianskyi apartment block and killing 28 civilians; Zelenskyy denounced it as “pure terrorism.” (Ukrainska Pravda)
Sweden’s Parliament Backs SEK 300 B Defence Loan to Meet NATO Goals — In rare cross-party consensus, the Riksdag approved a 300 billion SEK (~US $31 billion) borrowing plan to boost military (250 bn) and civil defence (50 bn) spending, with no tax increases and balanced budgets pledged by 2035. (SVT Nyheter)
Finland Votes to Withdraw from Ottawa Landmine Treaty Amid Russia Concerns — Parliament approved an exit from the anti‑personnel landmine ban, triggering a six‑month notification period to allow stockpiling and controlled exports—driven by security fears along the Russian border. (YLE)
Sri Lanka to Engage IMF in Drive to Boost Foreign Investment — President Anura Kumara Dissanayake announced upcoming IMF talks to attract foreign direct investment, following a US $2.9 billion bailout and a near‑completion of a US $22.5 billion debt‑restructuring deal. (The Island)
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