Trump slams Fed over interest rates, says US should borrow at ‘1% or better’
U.S. President Donald Trump on Monday sharply criticised the Federal Reserve, claiming America should be paying ultra-low interest rates similar to Ja...
Start your day informed with AnewZ Morning Brief: here are the top news stories for February 1st, covering the latest developments you need to know.
1. Trump: Nothing Canada, Mexico or China can do to delay Feb 1 tariffs.
U.S. President Donald Trump said on Friday he would impose hefty new tariffs of 25% on goods from Mexico and Canada and 10% on imports from China, and nothing could be done by the three countries to forestall them.
Trump did, however, reference a potential carve out for oil from Canada, saying that rate would be 10% versus the 25% planned for other goods from the United States' northern neighbor. But he indicated wider tariffs on oil and natural gas would be coming in mid-February, remarks that sent oil prices higher.
2. US will 'absolutely' impose tariffs on EU, Trump says.
President Donald Trump stated that the US will "absolutely" impose tariffs on the European Union.
"Am I going to impose tariffs on the European Union? Do you want the truthful answer, or should I give you a political answer? Absolutely, absolutely," Trump answered in response to a question about whether he would impose the tariffs.
3. Three Israeli hostages set to be released in latest Gaza exchange.
The Hamas is expected to hand over three Israelis on Saturday, in the latest stage of a gradual exchange of hostages for Palestinian prisoners under a truce aimed at opening the way to ending the 15-month conflict in Gaza.
4. Bundestag Approves €3 Billion Aid Package for Ukraine.
The Bundestag MPs passed a resolution from the Free Democratic Party of Germany (FDP) calling on the German government to immediately submit a proposal to the Bundestag's budget committee for "unplanned expenses" of up to 3 billion euros for further measures to support Ukraine.
5. EU and Kazakhstan strengthen ties with Visa facilitation agreement.
Kazakh Deputy Prime Minister and Foreign Minister Murat Nurtleu met with the European Union Ambassador to Kazakhstan, Aleška Simkić, to discuss bolstering their strategic partnership.
As reported by the Foreign Ministry’s press service, their discussions centered on deepening cooperation and progressing with preparations for negotiations on the EU visa regime.
6. At least 700 killed in DR Congo fighting since Sunday, UN reports.
According to the UN, intense clashes in Goma, the largest city in eastern DR Congo, have resulted in at least 700 fatalities since Sunday.
UN spokesperson Stéphane Dujarric reported that 2,800 individuals have been wounded as M23 rebels, allegedly supported by Rwanda, seized control of North Kivu's capital.
The insurgents are now reportedly advancing south toward Bukavu, the capital of South Kivu.
The U.S. economy faces a 40% risk of recession in the second half of 2025, JP Morgan analysts said on Wednesday, citing rising tariffs and stagflation concerns.
China has ramped up efforts to protect communities impacted by flood control measures, introducing stronger compensation policies and direct aid from the central government.
Severe rain in Venezuela has caused rivers to overflow and triggered landslides, sweeping away homes and collapsing a highway bridge, with five states affected and no casualties reported so far.
A malfunction in the radar transmission system at the Area Control Center in Milan suspended more than 300 flights at the weekend, across northwest Italy since Saturday evening according to Italy's air traffic controller Enav (National Agency for Flight Assistance).
Thousands of protesters rallied in Bangkok on Saturday, demanding Prime Minister Paetongtarn Shinawatra resign as political and economic tensions mount.
The International Monetary Fund (IMF) on Monday approved the disbursement of an additional $500 million to Ukraine, following the completion of its eighth review under the country’s $15.5 billion Extended Fund Facility.
U.S. President Donald Trump on Monday publicly criticized AT&T for technical issues that disrupted a national conference call with faith leaders, urging the company’s leadership to address the situation and suggesting his administration may turn to a different carrier in future communications.
France, Spain, Kenya, and several other nations announced on Monday a joint pledge to tax premium-class airline passengers and private jet users, in a move aimed at raising billions of dollars for climate action and sustainable development.
Special envoys from Pakistan, China and Russia held an informal meeting in the Qatari capital on Monday to discuss regional cooperation on Afghanistan, Pakistani envoy Mohammad Sadiq confirmed in a post on X.
Türkiye’s leading drone manufacturer Baykar has completed its acquisition of historic Italian aviation firm Piaggio Aerospace, paving the way for a European production base for its unmanned aerial vehicles and civil jets.
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