Forecasting the Pound

Brussels has said a British proposal to effectively override parts of a Brexit deal with a new law is "not acceptable." The UK has proposed a new law to drop part of the Brexit agreement on Northern Ireland trade.

The agency has warned of the risk of 1970s-style stagflation persisting in the coming years amid soaring commodity prices and low growth. Developing countries are expected to be some of the worst hit.

Germany's Bundesbank has predicted annual inflation of 7.1% as prices spiral upward. The central bank also cut its economic growth forecast, warning that the situation could get worse depending on the war in Ukraine.

Foreign Minister Annalena Baerbock has written an opinion piece with her Irish counterpart in a British paper, saying the UK was "not engaging in good faith" with its plans to change the Northern Ireland protocol.

In a tumultuous week for British politics, European Union lawmakers continue to call on Westminster to resume post-Brexit talks. German-British MEP David McAllister is chairman of the European Parliament’s Foreign Affairs Committee and closely involved in Brexit-related issues on the EU side.

Before publishing its newest economic forecast Thursday, the Eurogroup is addressing issues driving policy. Coronavirus, supply chains and Russia's war on Ukraine are just some of the headaches they are dealing with.

The International Monetary Fund (IMF) has cut its global growth forecast to 3.2% amid high inflation and the war in Ukraine, and warned the world could be "teetering on the edge of global recession."

Europe's second-largest river is continuing to dry up, affecting freight barges and even forcing one passenger ferry to halt its operations entirely. But rain is forecast this week.

Boris Johnson is soon to leave Downing Street for the last time. According to a recent Ipsos survey, the British public rank him as the country's worst performing postwar leader. Johnson will be forever remembered as one of the men behind Brexit and as a PM who attended illegal parties at Downing Street during lockdown. But some Conservatives are already nostalgic for the leader they affectionately call "Boris". FRANCE 24's Julien Sauvaget and Clovis Casali report from across the UK on Johnson's divisive legacy.

Record numbers of people are moving to the UK even as the pro-Brexit government promises to crack down on immigration. Roughly 50,000 EU citizens left the UK over a one-year period, while 331,000 non-EU citizens arrived.

Purported images of Polish state television have circulated on Twitter showing a national map of Poland’s borders, but overpowering much of Ukraine's territory. The channel itself and the country's secretary of state have slammed this as the "Russian propaganda machine" trying to destroy Ukraine's positive relationship with Warsaw. We take a closer look in this edition of Truth or Fake, with Vedika Bahl.

The International Monetary Fund has raised its forecasts for the global economy for 2023, stating that growth has been “surprisingly resilient". However, it also said the UK is likely to be the only leading economy to head into recession in 2023.