European stocks fall as Trump tariff threats rattle markets
European shares dropped on Friday after President Donald Trump intensified tariff threats against the EU, casting doubt on trade talks and dampening i...
A group of organizations and companies that contract with USAID has filed a lawsuit against the Trump administration, accusing it of unlawfully dismantling the U.S. foreign aid agency and cutting off allocated funding.
The American Bar Association, Chemonics, and other development firms sued President Donald Trump, the State Department, and the Office of Management and Budget on Tuesday, arguing that the administration lacks the legal authority to shut down a federal agency created by Congress.
The lawsuit, filed in federal court in Washington, seeks to reverse the funding cuts imposed after Trump’s executive order on January 20, which paused all U.S. foreign aid under the “America First” policy.
According to the plaintiffs, the aid freeze has already impacted millions worldwide, halting contracts worth hundreds of millions of dollars, including a $240 million medical supply delivery that, if not completed, could result in 566,000 deaths, according to court filings.
Contractors say they have been forced to lay off staff and shut down projects, while employees stationed abroad face legal risks and potential stranding due to the funding cuts.
The White House has not commented on the lawsuit but has argued in court that the president holds broad authority over foreign policy and aid distribution.
This is the third lawsuit against the administration over the USAID shutdown, following legal challenges by government employee unions and nonprofit groups. A judge recently ruled that 2,700 USAID employees placed on leave could return to work, but funding for aid programs remains frozen.
Australian researchers have pioneered a low-cost and scalable plasma-based method to produce ammonia gas directly from air, offering a green alternative to the traditional fossil fuel-dependent Haber-Bosch process.
A series of earthquakes have struck Guatemala on Tuesday afternoon, leading authorities to advise residents to evacuate from buildings as a precaution against possible aftershocks.
A deadly mass shooting early on Monday (7 July) in Philadelphia's Grays Ferry neighbourhood left three men dead and nine others wounded, including teenagers, as more than 100 shots were fired.
The 17th Summit of the Economic Cooperation Organization (ECO) was successfully held in Khankendi, Azerbaijan, highlighting the region’s revival and the deepening economic cooperation among member states.
Dozens of international and domestic flights were cancelled or delayed after Mount Lewotobi Laki Laki erupted on Monday, but Bali’s main airport remains operational.
Washington and Ottawa are once again at odds, as President Trump unveils a sharp new tariff on Canadian goods—citing drug trafficking and trade disputes just weeks ahead of a key deadline.
France recorded over 100 drowning deaths in just one month — a 58% rise from last year — as unusually high temperatures drove more people to water, public health officials say.
Migration offset natural decline for the fourth consecutive year, pushing the European Union’s population to an historic high of 450.4 million in 2024, according to Eurostat figures released on Friday.
Germany’s public debt is projected to climb from 62.5% to 74% of GDP by 2030, driven by record defence and infrastructure spending, according to a report by the European rating agency Scope.
The global oil market may be tighter than headline supply-demand figures suggest, the International Energy Agency (IEA) said Friday, citing rising refinery activity and seasonal summer demand as key drivers of short-term market pressure.
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