UK Prime Minister Keir Starmer and French President Emmanuel Macron have agreed to a groundbreaking deal to address illegal Channel crossings and dismantle the people smuggling networks.
Under a new pilot scheme, illegal migrants arriving in small boats will be returned to France. An equal number of migrants will be able to come to the UK from France through a new legal route, fully documented and subject to strict security checks.
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Political News
June 19, 2026 16:46 ET Major central banks continued to dominate the economic news flow this week too, led by the Federal Reserve, as they announced their latest policy decisions. The Federal Reserve policy session was in focus as it was the first to be led by the new chief Kevin Warsh. In Europe, central banks of the U.K. and Switzerland announced their rate decisions. In Asia, the Bank of Japan drew attention for its policy moves, while data out of China threw some light on the state of the economy.