Sterling, yen dragged by fiscal and political worries
The pound and the yen came under strain on Wednesday, weighed down by renewed investor concerns over global fiscal health and political uncertainty in...
U.S. President Donald Trump confirmed on Tuesday that weapons are already being shipped to Ukraine amid the ongoing conflict. He also said there is no rush to engage in talks with Iran over its nuclear programme.
Speaking to reporters after arriving at Joint Base Andrews, Trump said he has not spoken to Russian President Vladimir Putin since the threat of sanctions against Russia were announced on Monday. He has criticized Putin for not living up to claims of wanting peace.
When asked about the Patriot Missiles for Ukraine, Trump said “They're already being shipped.”
He added “They're coming in from Germany and then replaced by Germany. And in all cases, the United States gets paid back in full. So what's happening, as you know, is the European Union, if you look, mostly European Union stuff, but let's put it in the form of NATO, it's very similar, but NATO's going to pay us back for everything. In some cases, we're going to be paid back by countries of the European Union directly. We're always getting our money back in full."
Meanwhile, he also said that Tehran was hoping to engage in discussions with the United States.
"They would like to talk. I'm in no rush to talk because we obliterated their site," Trump told reporters after his arrival in Washington after a trip to Pittsburgh, referring to U.S. strikes on Iranian nuclear sites last month.
Trump also indicated that Treasury Secretary Scott Bessent is a possible candidate to replace Federal Reserve Chairman Jerome Powell, whose term ends next year, though he praised Powell’s current job.
On trade, Trump said he plans to release tariff letters soon for smaller countries and suggested a uniform tariff rate of “probably over 10%” could be set on certain imports.
He also said the Vietnam trade deal is “pretty well set,” signaling progress in economic relations.
A powerful eruption at Japan’s Shinmoedake volcano sent an ash plume more than 3,000 metres high on Sunday morning, prompting safety warnings from authorities.
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.
The UK is gearing up for Exercise Pegasus 2025, its largest pandemic readiness test since COVID-19. Running from September to November, this full-scale simulation will challenge the country's response to a fast-moving respiratory outbreak.
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.
Ukraine’s air defence systems were activated in Kyiv on Wednesday as the capital came under a new Russian air attack. Authorities urged residents to remain in shelters during the strikes.
China launched its largest military parade on Wednesday, showcasing growing firepower as President Xi Jinping sought to project Beijing’s role on the global stage. Russian President Vladimir Putin and North Korean leader Kim Jong Un were among the leaders attending at Tiananmen Square.
China held its largest-ever military parade on Wednesday, showcasing its growing military power and geopolitical influence as President Xi Jinping positions Beijing as a custodian of the post-U.S. international order.
U.S. forces carried out a precision strike on a suspected transnational drug vessel in the southern Caribbean, killing all 11 people aboard, President Donald Trump and the Pentagon confirmed on Tuesday.
Moscow maintains that negotiations between Russia and Ukraine should continue, but stresses that progress is only possible if what it calls the “new territorial realities” are acknowledged.
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