Ford cuts EV plans as demand falls and policy shifts take effect
Ford Motor Company said on Monday it will take a $19.5 billion writedown and scrap several electric vehicle (EV) models, marking a major retreat from ...
Indonesia and Peru have signed a free trade agreement aimed at boosting bilateral trade, investment, and cooperation in several key sectors, including food, mining, and energy.
The two countries formalised a comprehensive free trade agreement during a signing ceremony in Jakarta on Monday.
The deal is set to enhance trade and investment ties between the two nations by expanding market access and fostering collaboration across various industries.
In 2024, Indonesian exports to Peru reached $331.2 million, with major products including cars, car parts, biodiesel, and footwear. Imports from Peru totaled $149.6 million, primarily cocoa beans and grapes.
Indonesian President Prabowo Subianto highlighted that the partnership would strengthen cooperation in sectors such as food, fisheries, mining, energy transition, and defence.
Peruvian President Dina Boluarte emphasized that Peru, a significant exporter of fresh fruit, would gain greater access to the Indonesian market, particularly for blueberries.
Russia’s human rights commissioner, Tatyana Moskalkova, has said that Ukraine has not provided Moscow with a list of thousands of children it alleges were taken illegally to Russia, despite the issue being discussed during talks in Istanbul.
An explosive device found in a vehicle linked to one of the alleged attackers in Bondi shooting has been secured and removed according to Police. The incident left 12 people dead.
Syrian President Ahmad al-Sharaa has offered condolences to President Donald Trump following an ISIS attack near the ancient city of Palmyra that killed two U.S. soldiers and a civilian interpreter, Syrian and U.S. officials said Sunday.
At least 17 people, including students, were killed and 20 others injured after a school bus fell off a cliff in northern Colombia on Sunday, authorities said.
At least 14 people have died and 32 others were injured after flash floods swept through Morocco’s Atlantic coastal city of Safi on Sunday, authorities said.
Ford Motor Company said on Monday it will take a $19.5 billion writedown and scrap several electric vehicle (EV) models, marking a major retreat from its battery-powered ambitions amid declining EV demand and changes under the Trump administration.
Schools across Cambodia and Thailand were forced to close on Monday as border clashes between the two countries escalated, with the death toll reaching at least 40 and hundreds of thousands of people displaced, according to officials and local media.
Police in Providence are going door to door for home surveillance footage as the hunt continues for the shooter who killed two Brown University students and injured seven others. Authorities have released fresh video and say a detained "person of interest" is now free.
Ukrainian President Volodymyr Zelenskyy engaged in high-level talks in Berlin from December 14 to 15, 2025, with German Chancellor Friedrich Merz, U.S. envoys, and European leaders, focusing on security guarantees and the framework for a potential peace deal with Russia.
European Commission President Ursula von der Leyen said “nothing about Ukraine without Ukraine” after talks in Berlin, stressing that decisions on Ukraine’s future and territorial issues must be taken by Kyiv itself.
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