U.S President Donald Trump says he's ordered Treasury Secretary Scott Bessent, to stop production of the one-cent coin, also known as the 'penny'. Trump made his comment on his Truth Social media account.
The U.S. cent or penny has been around since 1793 when the government first issued them. But now it's set to become a thing of the past.
U.S. President Donald Trump has announced that he's asked the Treasury Secretary Scott Bessent to stop producing them.
Trump made the announcement on his Truth Social media account, claiming them as 'wasteful.'
He says they cost more than 2 cents to make.
Since 1909, it has featured President Abraham Lincoln on its copper surface. However, the penny’s relevance has been debated for years, with critics arguing it has outlived its usefulness and often ends up forgotten.
Supporters say the penny helps stabilize prices and benefits charities. If eliminated, prices may be rounded off, simplifying transactions. This change could be a major shift in U.S. currency history.
US President Donald Trump is willing to attend the upcoming Russia–Ukraine peace negotiations in Istanbul, but only if Russian President Vladimir Putin confirms his participation, Trump’s special envoy to Ukraine said.
US President Donald Trump will briefly meet Syria’s new President Ahmad al-Sharaa during his visit to Saudi Arabia, in a move signalling potential policy shifts towards Damascus.
Israeli Defence Minister Israel Katz issued a stern warning on Thursday, stating that Yemen's Houthi rebels will face severe retaliation if they continue launching attacks on Israel. He emphasized that the Israeli Defence Forces are fully prepared to respond to any threat.
On May 8, 2025, the United States proudly commemorates the 80th anniversary of the Allied victory over fascism and the end of World War II in Europe- a defining triumph for freedom and democracy.
President Trump has unveiled plans to rebuild and reopen Alcatraz prison to detain America’s most dangerous criminals, calling it a return to a time when the country dealt more firmly with lawlessness.
Ukraine’s Air Force lost an F-16 fighter jet on Friday following an in-flight malfunction; the pilot ejected safely after diverting the aircraft from populated areas, and investigators say there’s no indication of Russian fire.
The United States has warned Vietnam that its \$123 billion trade deficit is “unsustainable” as both nations enter reciprocal tariff negotiations, prompting Hanoi to crack down on illicit transshipments and seek greater imports of U.S. high-tech goods.
In a high‑stakes May 18 runoff, nationalist George Simion and centrist Nicușor Dan clash in a tight race that could steer Romania’s political and European trajectory for years to come.
On May 19, London and Brussels are set to kick off their first annual summit, prioritizing a new UK–EU defense and security pact even as negotiations continue with Washington over tariff relief on British steel, cars and aerospace components.
Archer Aviation’s four‑seat “Midnight” electric air taxi will shuttle fans, VIPs and support teams between major LA28 venues—SoFi Stadium, the Coliseum, LAX and more—in 10–20 minute hops, marking the first use of eVTOLs at any Olympic Games.
Israeli Prime Minister Benjamin Netanyahu said the war in Gaza will not stop until Hamas is destroyed, following the release of US-Israeli soldier Edan Alexander.
Ukrainian President Volodymyr Zelenskyy met Turkish President Recep Tayyip Erdogan in Ankara on May 15, with discussions reportedly focusing on upcoming peace talks between Ukrainian and Russian delegates in Istanbul.
Qatar signed a landmark agreement with U.S. aerospace giant Boeing on Wednesday to acquire 160 aircraft for Qatar Airways, a deal valued at $200 billion. The signing took place in Doha during the visit of U.S. President Donald Trump.
Ukrainian and Russian delegations meet behind closed doors at Istanbul’s Dolmabahçe Palace at 10:00 local time today to explore security guarantees, territorial integrity and a possible ceasefire.
Ukraine’s Air Force lost an F-16 fighter jet on Friday following an in-flight malfunction; the pilot ejected safely after diverting the aircraft from populated areas, and investigators say there’s no indication of Russian fire.
The United States has warned Vietnam that its \$123 billion trade deficit is “unsustainable” as both nations enter reciprocal tariff negotiations, prompting Hanoi to crack down on illicit transshipments and seek greater imports of U.S. high-tech goods.
In a high‑stakes May 18 runoff, nationalist George Simion and centrist Nicușor Dan clash in a tight race that could steer Romania’s political and European trajectory for years to come.
On May 19, London and Brussels are set to kick off their first annual summit, prioritizing a new UK–EU defense and security pact even as negotiations continue with Washington over tariff relief on British steel, cars and aerospace components.
Archer Aviation’s four‑seat “Midnight” electric air taxi will shuttle fans, VIPs and support teams between major LA28 venues—SoFi Stadium, the Coliseum, LAX and more—in 10–20 minute hops, marking the first use of eVTOLs at any Olympic Games.
Ukraine’s Air Force lost an F-16 fighter jet on Friday following an in-flight malfunction; the pilot ejected safely after diverting the aircraft from populated areas, and investigators say there’s no indication of Russian fire.
The United States has warned Vietnam that its \$123 billion trade deficit is “unsustainable” as both nations enter reciprocal tariff negotiations, prompting Hanoi to crack down on illicit transshipments and seek greater imports of U.S. high-tech goods.
In a high‑stakes May 18 runoff, nationalist George Simion and centrist Nicușor Dan clash in a tight race that could steer Romania’s political and European trajectory for years to come.
On May 19, London and Brussels are set to kick off their first annual summit, prioritizing a new UK–EU defense and security pact even as negotiations continue with Washington over tariff relief on British steel, cars and aerospace components.
Archer Aviation’s four‑seat “Midnight” electric air taxi will shuttle fans, VIPs and support teams between major LA28 venues—SoFi Stadium, the Coliseum, LAX and more—in 10–20 minute hops, marking the first use of eVTOLs at any Olympic Games.
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