Alan Greenspan dies at 100, leaving complex economic legacy
Alan Greenspan, who served as Federal Reserve chairman from 1987 to 2006, has died at age 100. He was widely regarded as one of the most influential economic policymakers of his era, shaping American monetary policy through periods of prosperity and crisis. Tributes highlight his market-friendly approach, though critics note his policies were later linked to financial instability. Major outlets including CNN, BBC, NPR, and NYT led coverage of his passing.
British Prime Minister Keir Starmer has resigned, marking the end of his tenure and setting off a contest to lead the Labour Party and the country. Manchester Mayor Andy Burnham has confirmed he will run to replace Starmer. This development deepens the ongoing political turmoil in the UK, which has seen multiple prime ministers in recent years. Al Jazeera, BBC, NPR, and China Daily all covered the resignation.
Russia is amassing troops near a strategically important city in Ukraine's Donbas region, signaling a renewed ground offensive. Meanwhile, Ukraine has intensified its strikes on Russian-occupied Crimea, aiming to raise the cost of occupation for Moscow. A separate dispute over a World War II army unit threatens to strain relations between Poland and Ukraine. Reports from BBC, The Guardian, and CBC detail the escalating conflict.
China has placed 10 American companies, including a rare-earth miner, on its export control list as retaliation against US sanctions targeting Chinese exports to American defense firms. The move escalates trade friction between the world's two largest economies. Separately, Chinese green exports to the US have surged unexpectedly, adding complexity to the bilateral trade picture. Al Jazeera, NPR, and SCMP cover the developments.
A decade after the Brexit referendum, Britain continues to face significant economic and political fallout. The UK is now set for its seventh prime minister in ten years, underscoring the prolonged instability triggered by the 2016 vote. CNN reports on the measurable economic costs, while The Guardian revisits bellwether constituencies where voters express regret. The milestone anniversary has prompted widespread reflection on Brexit's long-term impact.