Germany to strengthen defences against high drone threat
German Interior Minister Alexander Dobrindt said on Saturday (27 September) that the threat from drones was "high" and that the country would take mea...
Starting today, British car and aerospace manufacturers will benefit from significant tariff reductions when exporting to the United States, thanks to the implementation of a landmark UK-US trade agreement. This move is expected to safeguard thousands of jobs in the United Kingdom.
The UK is the only nation to have secured such a deal with the US, lowering car export tariffs from 27.5% to 10%. This reduction will save manufacturers hundreds of millions of pounds annually and help protect hundreds of thousands of jobs across the sector.
Meanwhile, the aerospace industry will see the elimination of 10% tariffs on key exports such as engines and aircraft components. This change will enhance the competitiveness of firms like Rolls-Royce and support their continued leadership in innovation.
These developments represent a major success for both industries, strengthening the global competitiveness of UK manufacturers, protecting British jobs, and reinforcing the UK’s reputation for innovation and excellence.
"Our historic trade deal with the United States delivers for British businesses and protects UK jobs. From today, our world-class automotive and aerospace industries will see tariffs slashed, safeguarding key industries that are vital to our economy," - stated UK Prime Minister Keir Starmer.
"These changes are a huge win for both sectors and will help ensure UK manufacturers remain globally competitive, protect British jobs and continue to lead in innovation and excellence," he added.
The UK is the only country to be exempt from the global tariff of 50% on steel and aluminium.
As the Prime Minister and President Donald Trump have again confirmed, "We will continue, go further and make progress towards 0% tariffs on core steel products as agreed," the British statement added.
AnewZ has learned that India has once again blocked Azerbaijan’s application for full membership in the Shanghai Cooperation Organisation, while Pakistan’s recent decision to consider diplomatic relations with Armenia has been coordinated with Baku as part of Azerbaijan’s peace agenda.
A day of mourning has been declared in Portugal to pay respect to victims who lost their lives in the Lisbon Funicular crash which happened on Wednesday evening.
A Polish Air Force pilot was killed on Thursday when an F-16 fighter jet crashed during a training flight ahead of the 2025 Radom International Air Show.
Video from the USGS (United States Geological Survey) showed on Friday (19 September) the Kilauea volcano in Hawaii erupting and spewing lava.
At least eight people have died and more than 90 others were injured following a catastrophic gas tanker explosion on a major highway in Mexico City’s Iztapalapa district on Wednesday, authorities confirmed.
U.S. stock markets ended higher on Friday, following largely in-line inflation figures, although indices recorded losses over the week.
Inflation expectations for the next 12 months in the eurozone rose to 2.8% in August, up from 2.6% in July, according to the results of a consumer survey published by the European Central Bank (ECB) on Friday.
Miniso announced on Friday that it will spin off its brand Top Toy and list it in Hong Kong, capitalising on the growing investor interest in Chinese toymakers and highlighting the city’s renewed position as a global fundraising hub.
The U.S. envoy to Türkiye has confirmed that a Turkish Airlines’ Boeing aircraft deal has been finalised, marking a significant step in expanding the carrier’s fleet.
Since the end of 2024, the price of cocoa has fallen below $7,000 per tonne, as expectations of increased supply and weakening demand triggered a sharp market decline.
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