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Yesterday — 19 December 2025Main stream

Putin, Boasting of Frontline Wins, Says Russia’s Goals in Ukraine Are Unchanged

✇NYT | Top Stories
By: Ivan Nechepurenko and Paul Sonne
19 December 2025 at 21:07
President Vladimir V. Putin spoke at an annual news conference that highlights his grip over Russia and often sets the Kremlin’s tone for the next year.

© Pool photo by Alexander Nemenov

President Vladimir V. Putin at his annual year-end news conference in Moscow, on Friday. He said Russia was not ready to settle the Ukraine conflict diplomatically unless its demands were met.

‘A Singularly Turbulent Time’: Deeper Uncertainty in Store for Global Economy

✇NYT | Top Stories
By: Patricia Cohen
19 December 2025 at 13:00
A reordering of the rules of trade, set on top of transformational change in technology, demographics and climate, is remaking jobs, politics and lives.

© Linh Pham for The New York Times

A furniture factory in Vietnam. Chinese exports are surging not just into Europe but even more sharply into Southeast Asia.

Bank of Japan Raises Interest Rates to Highest Level in 30 Years

✇NYT | Top Stories
By: River Akira Davis
19 December 2025 at 16:24
The Bank of Japan moved to slow inflation as the prime minister is borrowing more to fund an ambitious effort to build up industry and support households.

© Greg Baker/Agence France-Presse — Getty Images

The rate increase is widely viewed as an attempt to ultimately help cool inflation and give wages a chance to keep up.
Before yesterdayMain stream

Iran’s President Says He Can’t Make ‘Miracles’ to Solve the Country’s Woes

✇NYT | Top Stories
By: Farnaz Fassihi and Leily Nikounazar
19 December 2025 at 03:25
Amid sky-high inflation, water and energy cuts and prospects for a deal with the U. S. dimming, President Masoud Pezeshkian has apparently thrown up his hands.

© Arash Khamooshi for The New York Times

President Masoud Pezeshkian of Iran attending a protest in Tehran in June after the U.S. attacks on nuclear sites in Iran.

Interest Rate Cut and Slower Inflation Offer Britons a Reprieve

✇NYT | Top Stories
By: Eshe Nelson
18 December 2025 at 20:41
Britain’s central bank reduced interest rates to 3.75 percent, a move that was welcomed by the government, which has been looking to lower the high cost of living.

© Justin Tallis/Agence France-Presse — Getty Images

The Bank of England in central London. The central bank has lowered interest rates six times in the past year and a half.

Historic Shift Underway in China’s Economy as Investment Slump Deepens

✇NYT | China
By: Daisuke Wakabayashi and Amy Chang Chien
12 December 2025 at 18:02
Investment in manufacturing, infrastructure and property is expected to fall this year, a remarkable turn for an economy whose growth reshaped the world.

China Started Separating Its Economy From the West Years Ago

✇NYT | China
By: Keith Bradsher
4 November 2025 at 00:21
Two decades of sustained effort to build national self-reliance and minimize imports have antagonized trade partners but fortified what a senior adviser called Beijing’s “bulwark” against conflicts.
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