February 13, 2025 11:27 GMT
EMERGING MARKETS: Global News: February 13
EMERGING MARKETS
- UKRAINE (MIN) – NATO defence ministers are meeting in Brussels as they grapple with a day that may represent the most significant shift in European geopolitics since Russia's full-scale invasion of Ukraine in Feb 2022. US President Donald Trump has said that the first stages of negotiations to end the conflict would begin at the Munich Security Conference on 14 Feb.
- ISRAEL (MNI) – Hamas has confirmed in a statement that it intends to continue with the process of releasing Israeli hostages according to the schedule set out in the phase one ceasefire agreement with Israel. This would see a further three hostages freed on Saturday 15 Feb.
- UK (RTRS) – The Bank of England needs to move cautiously with cutting interest rates because the long process of wrestling down inflation is not yet complete, BoE Chief Economist Huw Pill told Reuters. Pill said the big picture was one of inflation falling towards the BoE's 2% target. However, underlying price pressures remain, he' said.
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