live Iran, U.S. make competing claims over control of Strait of Hormuz
Iran says the Strait of Hormuz remains under its control, rejecting U.S. President Donald Trump’s claim of “total control” over t...
Mark Carney and Claudia Sheinbaum discussed trade and investment ties on Tuesday, emphasizing the need to strengthen North American competitiveness while respecting national sovereignty.
On Tuesday, Canadian Prime Minister Mark Carney and Mexican President Claudia Sheinbaum held discussions on trade and investment relations between their nations. According to a statement from the prime minister’s office, both leaders stressed the importance of maintaining North America's economic strength while upholding each country's sovereignty.
Carney reaffirmed his commitment to countering unfair trade measures against Canada, safeguarding Canadian businesses and workers, and boosting the nation's economy through enhanced trade relations with Mexico.
Meanwhile, U.S. President Donald Trump is set to reveal his full trade policy agenda on Wednesday, which he has termed "Liberation Day." The policy is expected to introduce new protectionist measures.
Carney has previously warned Trump that Canada will impose retaliatory tariffs if U.S. trade actions threaten Canadian economic interests. The White House has stated that Trump's planned reciprocal tariffs aim to reduce the U.S. trade deficit and could take effect immediately.
Disruption in the Strait of Hormuz has increased the strategic importance of Bab al-Mandab, raising fears that instability in both waterways could trigger a wider global energy and trade crisis.
Flights at Catania airport in Sicily will remain suspended until early Friday as ash from Mount Etna continues to disrupt air travel, following hundreds of cancellations and diversions over the past week.
Iran says the Strait of Hormuz remains under its control, rejecting U.S. President Donald Trump’s claim of “total control” over the strategic waterway and insisting it will not reopen until Washington fulfils its commitments under an interim deal.
Iran and the United States remain at loggerheads over efforts to agree a permanent end to the war in the Gulf, according to a senior Iranian source who said there had been no progress in talks to revive the interim deal agreed in June and define a timeframe to implement it.
Start your day informed with AnewZ Morning Brief. Here are the top news stories for the 12th of August, covering the latest developments.
Online fast-fashion platform Shein lost a London copyright lawsuit against rival Temu on Thursday over photographs used to promote some products.
Norway’s $2.3 trillion sovereign wealth fund has revealed a 0.05 per cent stake in SpaceX worth $1.22 billion, marking its first reported holding in Elon Musk’s space company.
U.S. data analytics firm Palantir Technologies has reported a 93 per cent year-on-year jump in second-quarter revenue, even as the company faces continued criticism over its work with Israel's military and allegations linking its technology to the war in Gaza.a.
Rising trade across the Caspian Sea is strengthening Georgia’s role as a logistics hub and could help the country develop higher-value industries, according to the Asian Development Bank (ADB).
Ford raised its full-year earnings forecast after reporting stronger-than-expected second-quarter adjusted profit, as resilient demand for its vehicles and operational improvements helped offset tariff-related costs.
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