Central Asia’s fintech ambitions face test beyond Tashkent forum
Central Asia’s fintech ambitions are in the spotlight as a major forum in Tashkent draws to a close, shifting attention from the region&rsquo...
U.S. President Donald Trump said that several African nations are set to reduce tariffs and are not expected to face U.S. trade measures.
On Wednesday, President Trump met with the leaders of Gabon, Guinea-Bissau, Liberia, Mauritania, and Senegal at The White House. During the meeting, Trump said the participating countries were unlikely to be subjected to U.S. tariffs.
He said that African nations had informed his administration of their plans to lower tariffs and said the U.S. treats Africa “better than China or anybody else.”
In response to a journalist’s question about potential tariffs on the attending countries, Trump stated, “I don’t think so. Not too much.”
Trump also referenced ongoing trade actions involving other nations, including Brazil, which he said had “not been good to us.” He indicated that additional tariff notifications would be released soon, including information regarding Brazil.
The President said the tariffs announced this week were based on a formula considering deficits, treatment of the U.S. over the years, and raw economic data.
Oil prices fell after the U.S. expanded economic sanctions on Iran, as Tehran vowed to retaliate and warned it had tools to respond, raising concerns over potential disruption to regional oil supplies.
Kyiv has recently received a small number of U.S.-made Patriot interceptors capable of downing Russian ballistic missiles, Ukrainian President Volodymyr Zelenskyy has said. It comes as Britain and France pledged stronger military support for Ukraine.
Only four commodity vessels crossed the Strait of Hormuz on Sunday, following 13 transits a day earlier, as disruptions continue to restrict traffic through the key energy chokepoint.
Secretary of State Marco Rubio told allied foreign ministers Washington will focus on sanctions and other pressure on Iran “for the time being”, Axios reports. Meanwhile, Iran and Oman have resumed talks on a temporary shipping route through the Strait of Hormuz.
Russia and Ukraine have exchanged 10 prisoners of war each in Belarus, Moscow's Human Rights Commissioner, Yana Lantratova, has said.
Russia and Ukraine have exchanged 10 prisoners of war each in Belarus, Moscow's Human Rights Commissioner, Yana Lantratova, has said.
Meta Platforms has agreed to pay up to $16.68 billion and make sweeping changes to Facebook and Instagram to settle claims that its platforms put children and teenagers at risk.
At least nine people have been killed and hundreds of tourists are missing after a massive landslide triggered catastrophic flooding near Nepal’s Himalayan border with China’s Tibet region.
Instagram Chief Adam Mosseri has acknowledged that few teenagers used Instagram’s “Take a Break” feature before it became a default setting, as Meta faces a major U.S. trial over child safety.
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