What Happened Globally On 24th February 2026

1. US imposes new global tariffs, trade tensions rise.

US President Donald Trump announces a 10% global tariff that can possibly increase upto 15%. This announcement is made after the Supreme Court strikes down the earlier tariffs. Countries like the United Kingdom and Europian Union may retaliate which can increase Global Trade War.

2. Global markets shaken by tariff fears and AI Spendings.

Stock Markets recently fell sharply due to tariff uncertainity and heavy investments in the Aritificial Intelligence. Chip stocks boosted due to a major deal that happened between Meta Platform and AMD. Due to this the investors remain cautious as economic uncertainity grows.

3. Paralympics controversy over Russia’s Participation.

The 2026 Winter Paralympics in Italy face controversy after allowing Russia’s flag and anthem. Due to this Ukraine has announced a boycott in protest. This has created political tension ahead of the games.

4. Concerns over global financial regulation system.

Experts warn that the global banking regulation is fragmented and it needs modern developments. The financial stability board lacks strong direction. There are growing risks in non-banking financial sectors worldwide.

5. UN calls for new global security framework.

Antonio Guterres urged all the nations to redesign global security systems. He described the world as entering a period of ‘Chaos and Change’. The current system that was built after the World War ll is seen as outdated.