UN confirms all staff freed after Houthi forces vacate compound in Yemen’s capital
The United Nations said on Monday that all its personnel previously confined inside its compound in the Yemeni capital, Sanaa, have been released afte...
The UK government has unveiled a multibillion-pound plan to strengthen its steel industry and maintain its global competitiveness.
The UK government has announced a multibillion-pound plan to strengthen its steel industry and maintain global competitiveness. The move comes as concerns rise over the impending 25% U.S. tariffs on British steel and their potential impact on exports and domestic pricing.
To safeguard the industry, the UK government is injecting £2.5 billion into the sector. It is also prioritizing infrastructure projects to boost domestic production. Additionally, the British Department for Business and Trade is seeking public feedback on a new steel strategy. A consultation has been launched to address key challenges such as high electricity costs, unfair trading practices, and scrap metal recycling.
The urgency of these measures is driven by the fast-approaching deadline for U.S. tariffs on steel imports, set to take effect on 12 March.
British Business Secretary Jonathan Reynolds has warned that the tariffs could increase costs for U.S. taxpayers. He argues that both the UK and the U.S. have a "mutual interest" in negotiating an exemption, particularly as the UK supplies specialized steel products like submarine casings from Sheffield.
There are growing concerns that the U.S. tax hikes could severely impact the UK steel industry, which contributes £400 million annually to transatlantic trade. While the U.S. accounts for just 10% of UK steel exports, it remains crucial for specialized producers.
Former U.S. President Donald Trump, who introduced the tariffs, has insisted they will be enforced "without exceptions or exemptions."
As the tariff deadline looms, the UK government is taking proactive steps to protect its steel industry, ensuring its long-term sustainability and global competitiveness. However, the full impact of the U.S. tariffs remains to be seen.
At least 69 people have died and almost 150 injured following a powerful 6.9-magnitude earthquake off the coast of Cebu City in the central Visayas region of the Philippines, officials said, making it one of the country’s deadliest disasters this year.
A tsunami threat was issued in Chile after a magnitude 7.8 earthquake struck the Drake Passage on Friday. The epicenter was located 135 miles south of Puerto Williams on the north coast of Navarino Island.
The war in Ukraine has reached a strategic impasse, and it seems that the conflict will not be solved by military means. This creates a path toward one of two alternatives: either a “frozen” phase that can last indefinitely or a quest for a durable political regulation.
A shooting in Nice, southeastern France, left two people dead and five injured on Friday, authorities said.
Snapchat will start charging users who store more than 5GB of photos and videos in its Memories feature, prompting backlash from long-time users.
NATO has reaffirmed its zero-tolerance stance on fraud and corruption, announcing new measures to strengthen oversight following an investigation into alleged misconduct at its procurement body.
The United Nations said on Monday that all its personnel previously confined inside its compound in the Yemeni capital, Sanaa, have been released after Houthi forces withdrew.
U.S. President Donald Trump said that he expected to reach a fair trade agreement with Chinese President Xi Jinping and played down fears of confrontation between the two powers over Taiwan.
Madagascar’s coup leader, Colonel Michael Randrianirina, who seized power earlier this month, appointed businessman and consultant Herintsalama Rajaonarivelo as the country’s new prime minister on Monday.
Ukrainian President Volodymyr Zelenskyy will join a meeting of Ukraine’s allies, known as the “coalition of the willing,” in London on Friday, French President Emmanuel Macron announced, as Kyiv seeks to strengthen international backing in its fight against Russia.
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