Trump threatens further strikes against Iran: All the latest news on the Middle East conflict on Saturday
U.S. President Donald Trump warned Iran to expect further strikes on Saturday (7 March). In a post on social media, he said Iran would be '...
Canada has blocked imports from the largest U.S. pork processing facility operated by Smithfield Foods, the company said on Friday.
The suspension comes amid ongoing trade tensions between Washington and Ottawa, as U.S. tariffs continue to spark concerns over retaliatory measures affecting American agricultural exports.
According to the U.S. Department of Agriculture, the suspension is based on standard protocols rather than recent trade actions. Under Canada’s policy, three instances of noncompliance within six months trigger a temporary halt on imports. In this case, the issue reportedly concerns a limited number of offal shipments from the plant.
The USDA stated that it is working with Smithfield Foods to address the issues and develop a corrective action plan that will be presented to Canadian authorities. Once the plan is reviewed and accepted, the plant’s export eligibility may be reinstated. Meanwhile, Smithfield noted that its shares remained nearly flat on Friday.
The move restricts a key market for U.S. pork products. Last year, Canada ranked as the fifth-largest export market for U.S. pork, with shipments valued at approximately $850 million. U.S. pork also plays a significant role in Canadian retail and foodservice sectors, according to industry representatives.
In a related development, U.S. President Donald Trump exempted goods from Canada and Mexico under a North American trade pact for a month from the 25% tariffs imposed earlier this week, signaling the volatile nature of the current trade environment.
U.S. President Donald Trump warned Iran to expect further strikes on Saturday (7 March). In a post on social media, he said Iran would be 'hit very hard'. His comments came a week into the conflict with Iran, which has spread across the Middle East.
Lebanon's Hezbollah warned Israeli residents to evacuate towns within 5 km (3.11 miles) of the border between the countries in a message posted on its Telegram channel in Hebrew early on Friday.
The Azerbaijani State Security Service has said it has stopped Iran committing terror attacks against four targets in the country: Baku-Tbilisi-Ceyhan pipeline, the Israeli Embassy in Azerbaijan, a leader of the Mountain Jews religious community and the "Ashkenazi" synagogue.
The Israeli military says it has destroyed an underground bunker beneath Iran’s leadership complex in Tehran that it claims was built for former supreme leader Ali Khamenei.
Global financial markets remained on edge on Friday as the escalating war involving the United States, Israel and Iran continued to rattle investors, fuelling volatility in stocks and sending energy prices sharply higher.
Global financial markets remained on edge on Friday as the escalating war involving the United States, Israel and Iran continued to rattle investors, fuelling volatility in stocks and sending energy prices sharply higher.
China’s top leadership has unveiled a new push to turn advanced technologies into large-scale industrial priorities as part of the country’s upcoming 15th Five-Year Plan, which will guide economic and social development from 2026 to 2030.
The European Commission sees no immediate impact on the European Union's security of oil supply from the escalating conflict in the Middle East, it said in an email to EU governments, seen by Reuters on Monday (2 March).
Paramount Skydance emerged as the winner in a months-long battle to acquire Warner Bros Discovery after streaming giant Netflix on Thursday refused to raise its bid for the storied Hollywood studio.
Global debt surged to a record $348.3 trillion at the end of 2025, after nearly $29 trillion was added over the year, marking the fastest annual increase since the pandemic, according to the Institute of International Finance (IIF) report released on Wednesday.
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