Bangladesh buys more power from India, lifts fuel oil use as electricity demand rises
Bangladesh is boosting power imports from India and output from fuel oil-fired power plants in a scramble to meet rising electricity demand as it grap...
On Thursday, the U.S. President Trump raised tariffs on Canadian imports from 25% to 35%, citing drug smuggling concerns, a claim dismissed by Canadian Prime Minister Mark Carney, who vowed to protect jobs during rising trade tensions.
The White House linked this decision partly to Canada’s alleged failure to stop fentanyl smuggling, though Canadian Prime Minister Mark Carney dismissed the claim, stating, “Canada accounts for just 1% of U.S. fentanyl imports and is working intensively to reduce these volumes.”
Carney expressed disappointment with the tariff hike, writing on X that “while we will continue to negotiate with the United States on our trading relationship, the Canadian government is laser focused on what we can control: building Canada strong.”
He warned that sectors such as lumber, steel, aluminum, and automobiles would be hardest hit but pledged to “protect Canadian jobs, buy Canadian goods, invest in industrial competitiveness, and diversify export markets.”
Ontario Premier Doug Ford, whose province generates about 40% of Canada’s GDP, demanded a strong countermeasure, calling for a 50% tariff on U.S. steel and aluminum imports.
Ford urged, “Canada shouldn’t settle for anything less than the right deal. Now is not the time to roll over. We need to stand our ground.”
Despite the escalation, Trump told that he remains open to talks with Canada and may speak with Carney soon. The U.S. also granted Mexico a 90-day extension to negotiate a deal and avoid similar tariff hikes.
Economists note Canada’s economy has shown resilience amid the tariffs and is expected to avoid recession.
Canadian exports to the U.S. have dropped slightly, with many companies diversifying their markets and increasing USMCA compliance, which currently exempts about 90% of Canadian exports.
Tensions have also been fueled by Canada’s recognition of Palestinian statehood, a move Trump criticized as making a future trade deal 'very hard' to achieve.
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.
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.
Bangladesh is boosting power imports from India and output from fuel oil-fired power plants in a scramble to meet rising electricity demand as it grapples with constraints on gas supply and coal plant maintenance, industry officials and analysts say.
The United Nations Security Council will hold an emergency meeting at Poland's request to discuss this week's violation of Polish airspace, the Polish Foreign Ministry said on Thursday.
The Mexican Navy seized 1,600 kilograms of cocaine in a maritime operation off the coast of Guerrero, according to a press release from the Mexican government on Wednesday (September 10).
Poland has introduced restrictions to air traffic along its eastern borders with Belarus and Ukraine, the Armed Forces' Operational Command said on Thursday, amidst increased tensions a day after multiple drone incursions into the NATO member's airspace on Wednesday.
Police and federal agents mounted an intense manhunt on Thursday for the sniper believed to have fired the single gunshot that killed conservative activist Charlie Kirk as he was fielding questions about gun violence during a university appearance.
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