February 18, 2026

India Signs Historic Trade Deals with EU and US, Faces Export Challenges

India sealed major free trade deals with the European Union and the United States in early 2026. These agreements mark a shift from protectionism but come with tradeoffs and challenges in boosting exports and simplifying rules. Experts say real gains need better trade reforms and infrastructure.

February 18, 2026

Food Prices Soar in Russia as War Fuels Inflation and Economic Strain

Food costs in Russia have jumped nearly 19% in two years as war with Ukraine pushes inflation higher. Russians face tighter budgets amid rising taxes and falling oil prices.

February 18, 2026

IMF Team Arrives in Pakistan to Review $8.1bn Loan Program and Budget Plans

An IMF team led by Iva Petrova will visit Pakistan from Feb 26 to Mar 11. They will assess Pakistan's progress on a $7bn loan and a $1.1bn facility. Important talks on the next fiscal year’s budget and provincial finances will also take place.

February 18, 2026

One in Nine New Homes in England Built in Flood Risk Areas Between 2022-24

Nearly 44,000 new homes in England from 2022-24 lie in flood-prone zones, says insurer Aviva. Flood risk is rising as housebuilding surges, with 15% at medium or high risk by 2050. Experts urge stronger planning rules.

February 18, 2026

British Steel Bags Multi-Million Rail Deal for Turkey's High-Speed Line

British Steel landed an eight-figure contract to supply 36,000 tonnes of rail for Turkey's new high-speed line. The deal boosts jobs at Scunthorpe but raises questions on the steelworks' future amid heavy daily losses.