Musk's SpaceX prices record $75 billion IPO at $135 a share
SpaceX has made history with the largest initial public offering ever in the United States, pricing its shares at $135 each and achieving a market val...
U.S. President Donald Trump said he would impose a 200% tariff on French wines and champagnes after France declined to join his proposed Board of Peace on Gaza initiative.
Asked about French President Emmanuel Macron’s decision, Trump said, "Did he say that? Well, nobody wants him because he will be out of office very soon."
“I’ll put a 200% tariff on his wines and champagnes, and he’ll join, but he doesn’t have to join,” Trump added.
Donald Trump later published what he said was a private message from Emmanuel Macron on his social media platform, Truth Social.
The message, addressed to Trump and signed “Emmanuel,” said France and the U.S. were aligned on Syria and Iran, questioned U.S. actions on Greenland, and proposed a G7 meeting in Paris after Davos as well as a private dinner before Trump’s return to the U.S.
Macron's office cited concerns over the powers potentially extended to the Board and whether it would disrupt the work of the United Nations.
A statement, issued by the Elysée Palace, said the board's authority would go "beyond the framework of Gaza and raises serious questions, in particular with respect to the principles and structure of the United Nations, which cannot be called into question.”
France’s reluctance highlights growing unease among some European capitals about U.S.-led initiatives that they believe could sideline established international mechanisms, particularly the UN, in addressing the Gaza conflict and its aftermath.
The White House announced the formation of the Board of Peace on Friday (16 January), saying it would play a central role in implementing President Trump’s plan to permanently end the war in Gaza and oversee the reconstruction of the enclave. According to Washington, the board would provide strategic oversight, mobilise international resources and ensure accountability as Gaza moves from conflict toward recovery. Trump wants countries to pay $1 billion to gain permanent membership on the Board.
The U.S. administration also said it has set up a National Committee for the Administration of Gaza as part of phase two of Trump’s comprehensive plan, alongside an executive board structure intended to support governance and rebuilding efforts in the territory.
Mexico and South Africa meet in Thursday’s World Cup opener in Mexico City, with both teams approaching the match from very different positions but facing their own pressures.
The Pakistani city of Karachi is struggling under severe heat and humidity as the country enters a prolonged heatwave period. The Pakistan Meteorological Department (PMD) has warned of above-normal temperatures across much of the country between 7 and 12 June.
Ukraine's military said it struck a Russian "shadow fleet" tanker in the Black Sea as part of ongoing efforts to disrupt Moscow's energy and logistics networks. The move underscores Kyiv's focus on targeting maritime assets it says are used to bypass sanctions on Russian oil exports.
U.S. forces say they have completed strikes on Iranian military sites near the Strait of Hormuz. Iran responded with missile attacks on an American base in Jordan, marking a sharp escalation in tensions between the two sides.
Mexico City has been hit by major disruption eight days before it hosts the opening match of the 2026 FIFA World Cup, as teachers, retired judges and other groups staged mass protests.
An adviser to the European Union’s top court said on Thursday that the European Commission’s appeal against a 2024 ruling, which required disclosure of information on COVID-19 vaccine contracts, should be dismissed.
Migrants in the U.S. who were prevented from being sent back to their home country due to the risk of persecution are set to be deported to the war-torn Central African Republic.
Finance ministers across East Africa unveiled their 2026/27 budgets on Thursday, as investors assessed how governments plan to protect their economies from shocks linked to the ongoing Iran war while managing rising debt levels.
More than a third of Belgium’s population now has a foreign background, according to new figures released by the national statistics office, Statbel. The data show that around 4.34 million of the country’s nearly 11.7 million residents do not have an entirely Belgian background.
SpaceX has made history with the largest initial public offering ever in the United States, pricing its shares at $135 each and achieving a market valuation of $1.77 trillion.
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