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The US Federal Reserve has decided to keep its lending rate unchanged at the current 5.25-5.50 percent range and projected just one rate cut this year, despite soft inflation data. But first, the European Commission has informed China that it will impose new tariffs of up to 38 percent on Chinese-made electric cars from July 4 unless a solution is found. This comes following months of investigation into Chinese subsidies. 

The World Bank has upgraded its global growth outlook for this year, expecting it to hold steady at 2.6 percent for the first time in three years. The latest Global Economic Prospects report, however, warns that growth still remains well below the average of the pre-pandemic decade, with the world's poorest economies still grappling with inflation and high debt. The World Bank's Deputy Chief Economist Ayhan Kose spoke to FRANCE 24.

The euro tumbled and European stocks, particularly in France, fell sharply on Monday after far-right groups gained in Sunday's EU parliamentary elections, prompting President Emmanuel Macron to call a snap election in France. We also look at what the EU election outcome could mean for Europe's ambitious climate plans. 

The European Central Bank has decided to lower its benchmark interest rates by 0.25 percent from a record high, effective June 12. However, the ECB also revised its outlook for the coming months and said it no longer believed inflation would hit its target of 2 percent this year, but instead would average at around 2.2 percent. Plus, Ireland is losing hundreds of young doctors every year as they emigrate to Australia in search of better working conditions. 

As the world marks the 80th anniversary of the D-Day landings, the historic moment is also remembered as a catalyst for the turning of economic tides. A series of post-war events and decisions such as the Bretton Woods Conference heralded a new era for economic cooperation and financial order. We also look at the United States' role in rehabilitating Europe with its Marshall Plan: aid worth an estimated $140 billion in today's money.

After delays and over $1.4 billion of cost overruns, Boeing has finally launched its first crewed spacecraft into orbit. The CST-100 Starliner capsule lifted off from Cape Canaveral in Florida, carrying veteran NASA astronauts Barry "Butch" Wilmore and Sunita "Suni" Williams. After being hit with a series of safety scandals in its commercial jetliner business, Boeing is hoping to catch up with its rival SpaceX, which has been shuttling astronauts to and from the International Space Station (ISS) since 2020.