U.S., Russia plan truce to cement Putin’s Ukraine gains — Bloomberg
According to Bloomberg News, the United States and Russia are working toward an agreement aimed at halting the war in Ukraine by formalizing Russia’...
President Trump announced steep new tariffs on seven more countries starting 1 August, intensifying his push for what he calls "fair trade" amid rising global tensions.
U.S. President Donald Trump confirmed on Wednesday that tariffs ranging from 20% to 30% will be imposed on goods from seven additional countries—Algeria, Sri Lanka, Brunei, Iraq, Libya, Moldova, and the Philippines—starting 1 August.
According to letters shared on Truth Social, the Philippines will face 20% tariffs, Brunei and Moldova 25%, and Iraq, Algeria, Sri Lanka and Libya 30%.
Trump emphasized that these measures are aimed at correcting long-standing trade imbalances and warned that any retaliation would prompt even higher U.S. tariffs.
The new wave follows previously announced duties on countries including Japan, South Korea, and others, as part of an expanded executive order signed earlier this week.
The world’s biggest dance music festival faces an unexpected setback as a fire destroys its main stage, prompting a last-minute response from organisers determined to keep the party alive in Boom, Belgium.
According to the German Research Centre for Geosciences (GFZ), a magnitude 5.7 earthquake struck the Oaxaca region of Mexico on Saturday.
China and the Association of Southeast Asian Nations will send an upgraded ‘version 3.0’ free-trade agreement to their heads of government for approval in October, Chinese Foreign Minister Wang Yi said on Saturday after regional talks in Kuala Lumpur.
A resumption of Iraq’s Kurdish oil exports is not expected in the near term, sources familiar with the matter said on Friday, despite an announcement by Iraq’s federal government a day earlier stating that shipments would resume immediately.
Chinese automaker Chery has denied an industry-ministry audit that disqualified more than $53 million in state incentives for thousands of its electric and hybrid vehicles, insisting it followed official guidance and committed no fraud.
According to Bloomberg News, the United States and Russia are working toward an agreement aimed at halting the war in Ukraine by formalizing Russia’s occupation of territories seized during its invasion.
A fire broke out at Cordoba’s historic mosque-cathedral on the night of 8 August but was swiftly extinguished, preventing damage to one of Spain’s most treasured architectural landmarks.
The Canadian government announced Friday it will join key allies in reducing the price cap on Russian seaborne crude oil in response to Moscow’s ongoing war in Ukraine.
Washington, D.C., will see its federal security funding reduced by $20 million this year under a Trump administration plan, despite the president’s repeated claims that crime in the capital is spiraling.
U.S. President Donald Trump personally welcomed Azerbaijan’s President Ilham Aliyev at the White House today, ahead of a historic peace signing ceremony. The meeting sets the stage for a U.S.-brokered framework aiming to stabilize relations in the South Caucasus.
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