🇵🇰Pakistani Prime Minister Shehbaz Sharif will soon address the nation, Bloomberg reports.

Overall, my prediction is this: Pakistan is already refusing to escalate further, stating that if India does not launch further attacks, Pakistan will not take any action either. Accordingly, they will most likely reach an agreement in the coming days.

🇩🇪German carmakers' profits fell sharply in the first quarter of this year, DW reports.

Mercedes reported a 43% drop in profit to €1.73 billion.

Volkswagen's net profit was 41% lower at €2.2 billion.

BMW's profit was 2.2 billion euros, down 26.4% from the same period last year. The automaker attributes this to a drop in demand for the German auto industry in China.

While Trump's tariffs have had virtually no impact so far, they could worsen the situation in the future, since BMW produces and sells hundreds of thousands of cars in the United States.

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