The Latest News and Information That Matters To You
WASHINGTON/LUXEMBOURG -U.S. President Donald Trump threatened to further increase tariffs on China on Monday, raising the possibility of further escalation in a trade war that has already wiped trillions of dollars from global markets. Trump said he would impose an…
ATHENS – Greece’s economy can withstand the new challenges that U.S. tariffs pose, Prime Minister Kyriakos Mitsotakis said on Monday, as the country awaits a unified European Union stance on the matter. U.S. President Donald Trump’s sweeping tariff plans hammered global…
China’s Vice Commerce Minister Ling Ji told U.S. companies including Tesla and GE Healthcare that the country would always protect the rights of foreign-funded firms in China, including those from the United States. China has been, is, and will be…
European shares plunged to a 16-month low on Monday as investors grappled with the possibility of a recession after sweeping tariffs announced by United States last week. U.S. President Donald Trump showed no sign of backing away from the tariff…
LONDON -Vanguard’s UK online investment platform experienced IT problems for several hours on Monday with clients facing delays in accessing account information, as global markets slid following U.S. President Donald Trump’s tariff announcements. Hundreds of Vanguard customers experienced problems accessing…
WASHINGTON – U.S. President Donald Trump said on Monday he will impose an additional 50% tariff on China if Beijing does not withdraw its retaliatory tariffs on the United States. “Additionally, all talks with China concerning their requested meetings with…
MOSCOW -The Kremlin said on Monday that Russia was ready to do all it could to help resolve tensions between the United States and Iran around Tehran’s nuclear programme, as Washington demands Tehran do a nuclear deal with it or…
MEXICO CITY – Mexico’s President Claudia Sheinbaum said on Monday that her government would like to avoid imposing reciprocal tariffs on the U.S. after President Donald Trump’s sweeping tariff plans, though she said it could not be ruled out. Trump…
An index of European banking <.SX7P shares fell 4.8% on Monday, falling more than 20% from recent closing high and leaving it on course to confirm it is in a bear market. The decline extended into a third day as…
BEIJING – China’s foreign ministry said on Monday the country had lodged representations with the United States over reports that a Taiwan delegation was in Washington to meet with the Trump administration. China opposes any form of official exchanges between…
AMMAN/ISTANBUL – Turkey scoped out at least three air bases in Syria where it could deploy forces as part of a planned joint defence pact before Israel hit the sites with air strikes this week, four people familiar with the…
WELLINGTON – New Zealand said on Monday it would boost defence spending by NZ$9 billion ($5 billion) over the next four years and aim to nearly double spending as a proportion of GDP to 2% in the next 8 years….
JAKARTA – Indonesia wants a fair and equal relationship with the U.S., and will pursue diplomacy to address a 32% tariff rate imposed by the Trump administration, President Prabowo Subianto said on Monday.
SHANGHAI -Hong Kong and Chinese stocks dived on Monday as markets around the world crumbled in the face of a widening global trade war and fears it will unleash a deep recession. Hong Kong’s Hang Seng index slumped more than…
WASHINGTON – Israeli Prime Minister Benjamin Netanyahu will seek to limit the sting of tariffs imposed on his country when he meets U.S. President Donald Trump on Monday, a visit likely to be closely watched by world leaders as global…
NAIROBI – Kenya is among those exporters hoping a smaller Trump tariff blow vis-a-vis competitors might help them emerge as winners in the nascent global trade war, but translating the disparity into an advantage will be an uphill struggle. As…
LUXEMBOURG – European Union ministers broadly agreed on Monday that the bloc should prioritise negotiations to remove tariffs imposed by President Donald Trump over retaliation even as it prepared a first set of targeted countermeasures. The 27-nation bloc faces 25%…
BEIJING – Threats and pressure are not the right way to deal with China, a Chinese foreign ministry spokesperson said on Monday after describing U.S. President Donald Trump’s “reciprocal tariffs” as bullying. The tariffs are “typical unilateralism and protectionism, and…
GAZA/CAIRO – A Palestinian journalist was killed on Monday and nine others were wounded, some critically, when an Israeli air strike hit a tent used by local media in southern Gaza, medics and the local journalists’ union said. Footage showed…
MOSCOW – President Vladimir Putin still supports the idea of a ceasefire in Ukraine, but Russia has not yet been given answers to key questions it has about a truce proposed by the administration of U.S. President Donald Trump, the…
TOKYO -Japanese Prime Minister Shigeru Ishiba said on Monday the government will continue to ask U.S. President Donald Trump to lower tariffs against Japan, but acknowledged results “won’t come overnight.” “As such, the government must take all available means” to…
RAMALLAH – A Palestinian teenager with U.S. citizenship was killed after being shot by an Israeli settler in the West Bank town of Turmus Ayya, Palestinian officials said on Sunday, as tensions continue to escalate amid a surge in settler…
BRUSSELS – European Union countries will seek to present a united front in the coming days against U.S. President Donald Trump’s tariffs, likely approving a first set of targeted countermeasures on up to $28 billion of U.S. imports from dental…
Iran is pushing back against U.S. demands that it directly negotiate over its nuclear programme or be bombed, warning neighbours that host U.S. bases that they could be in the firing line if involved, a senior Iranian official said. Although…
JERUSALEM – The Israeli military has provided new details that changed its initial account of the killing of 15 emergency workers near the southern Gaza city of Rafah last month but said investigators were still examining the evidence. The 15…
MOSCOW -Russia said on Sunday that its troops had taken the village of Basivka in Ukraine’s Sumy region, and were battering Ukrainian forces at a host of settlements in the area. More than two years after the Russian invasion of…
KYIV -A Russian missile attack on Kyiv killed one man and injured three other people overnight, causing damage and fires in several districts in the biggest such attack on Ukraine for weeks, Ukrainian officials said on Sunday. The strike was…
ANKARA – Turkey’s main opposition leader on Sunday pledged further protests against the jailing of Mayor Ekrem Imamoglu, President Tayyip Erdogan’s chief rival, aiming to sustain Turkey’s biggest demonstrations in more than a decade. The protests began on March 19…
SEOUL – The speaker of South Korea’s parliament on Sunday proposed revising the constitution to curb presidential powers, citing public support for such a move after President Yoon Suk Yeol was ousted for declaring martial law. “I would like to…
HANOI – U.S. and Vietnamese businesses have asked the Trump administration to delay its planned 46% tariff on Vietnamese goods, saying the levy will hurt them and bilateral commercial relations. The Vietnam Chamber of Commerce and Industry and the American…