Iran signs €500 million arms deal with Russia to restore air defences, FT reports
Iran has signed a secret €500 million arms deal with Russia to rebuild air defences, weakened during last year’s war with Israel, the Financial Ti...
While the White House touts strong job gains as the “Trump effect,” economists caution that aggressive immigration enforcement may undermine labour supply and long-term economic growth.
President Donald Trump’s $150 billion “Big, Beautiful Bill” to enhance border enforcement and deportations is drawing fresh concern from economists who warn it may weaken the labour market by shrinking the supply of foreign-born workers.
The foreign-born workforce declined for a third consecutive month in June, despite employers adding 147,000 jobs overall. Economists say this trend could mark the early economic impact of Trump’s immigration crackdown — a core element of his second-term agenda.
While White House officials argue that the megabill will bring more native-born Americans into the labour force, many economists disagree. Federal Reserve Chair Jerome Powell recently warned that slowing labour force growth, including due to declining immigration, could hamper the U.S. economy’s expansion.
Glassdoor’s lead economist Daniel Zhao noted that a slowdown in hiring could signal slower economic growth ahead. The Congressional Budget Office and private institutions such as Deutsche Bank and the American Enterprise Institute have similarly warned that reduced immigration could lower GDP and strain industries dependent on foreign-born workers.
Trump administration officials, including Council of Economic Advisers chair Stephen Miran, argue that the U.S. has an underutilised domestic workforce — particularly among young and part-time workers — and that tax incentives and stricter benefit requirements will encourage them to take available jobs.
Miran rejected claims that the U.S. lacks a domestic labour substitute for immigrants, stating that the right incentives can mobilise native-born workers. However, he acknowledged that policy uncertainty might result in weaker employment numbers in the short term.
Meanwhile, law enforcement encounters with migrants at the U.S. southern border have fallen sharply, signalling a broader decline in undocumented immigration — a factor previously linked to increased labour availability.
Despite political support for tighter immigration, Trump has also admitted concern about how the policies might impact sectors such as agriculture and hospitality, which rely heavily on migrant workers.
As the U.S. faces an ageing population and declining population growth, economists continue to emphasise the importance of immigration in sustaining long-term workforce expansion.
A seven-month-old Japanese macaque has drawn international attention after forming an unusual bond with a stuffed orangutan toy after being rejected by its mother.
Divers have recovered the bodies of seven Chinese tourists and a Russian driver after their minibus broke through the ice of on Lake Baikal in Russia, authorities said.
President Donald Trump said on Saturday (21 February) that he will raise temporary tariffs on nearly all U.S. imports from 10% to 15%, the maximum allowed under the law, after the Supreme Court struck down his previous tariff program.
Pakistan said it carried out cross-border strikes on militant targets inside Afghanistan after blaming a series of recent suicide bombings, including attacks during the holy month of Ramadan, on fighters it said were operating from Afghan territory.
Iran announced on Saturday (21 February) that it has designated the naval and air forces of European Union member states as “terrorist entities” in a reciprocal move after the EU blacklisted the Islamic Revolutionary Guard Corps (IRGC).
European Union foreign policy chief Kaja Kallas has said the bloc is unlikely to reach agreement on a new package of sanctions against Russia at Monday’s meeting of EU foreign ministers, as continued Hungarian opposition keeps consensus out of reach.
Further Iran-U.S. nuclear talks are scheduled in Geneva on Thursday (26 February) as diplomacy resumes over Tehran’s nuclear programme following earlier mediation efforts. But will the talks move Iran-U.S. negotiations closer to a deal, and what should be expected from the meeting?
China says it's making a "full assessment" of the U.S. Supreme Court's tariff ruling and urged Washington to lift "relevant unilateral tariff measures" on its trading partners, the Chinese commerce ministry said in a statement on Monday (23 February).
Start your day informed with AnewZ Morning Brief. Here are the top news stories for the 23rd of February, covering the latest developments you need to know.
A “Victory will be ours” banner was hung on the Russian Embassy in Seoul, ahead of the fourth anniversary of Russia’s full-scale invasion of Ukraine. It remains on display despite a request from the South Korean Foreign Ministry on Sunday (22 February) for its removal, sparking widespread criticism.
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