Trump tariffs could cut U.S. deficit by $4 trillion
The Congressional Budget Office (CBO) said Friday that continued global tariff hikes imposed by President Donald Trump could shrink the national defic...
Iraq is set to host an Arab summit on May 17, according to Foreign Minister Fuad Hussein, who chaired a meeting in Baghdad to review preparations for the upcoming gathering.
The minister noted that the summit’s date was established following discussions at the Cairo-based Arab League, emphasizing that “Iraq is working to create proper conditions to ensure the success of the summit.”
The planned summit is expected to focus on broad regional issues, even as other Arab nations address immediate crises. Just this week, Egypt hosted an emergency Arab summit on Gaza, where leaders reiterated the urgent need to fully implement a ceasefire and a prisoner exchange agreement to bring about a permanent end to the Israeli military offensive and achieve a complete withdrawal from the territory. The summit also approved a five-year, $53 billion plan to rebuild Gaza without displacing its residents.
These high-level meetings come amid ongoing turmoil in the region. Since October 2023, the conflict in Gaza has claimed the lives of more than 48,400 Palestinians, mostly women and children, with over 111,000 injured. The ceasefire that paused the hostilities took effect on January 19. In a related development, last November the International Criminal Court issued arrest warrants for Israeli Prime Minister Benjamin Netanyahu and former Defense Minister Yoav Gallant over alleged war crimes and crimes against humanity in Gaza, while Israel faces a genocide case at the International Court of Justice.
As Iraq prepares to host its summit on May 17, regional leaders and international observers will be watching closely to see how discussions may address both long-standing regional concerns and the immediate humanitarian and security challenges stemming from the Gaza conflict.
A powerful eruption at Japan’s Shinmoedake volcano sent an ash plume more than 3,000 metres high on Sunday morning, prompting safety warnings from authorities.
According to the German Research Centre for Geosciences (GFZ), a magnitude 5.7 earthquake struck the Oaxaca region of Mexico on Saturday.
The UK is gearing up for Exercise Pegasus 2025, its largest pandemic readiness test since COVID-19. Running from September to November, this full-scale simulation will challenge the country's response to a fast-moving respiratory outbreak.
Honduras has brought back mask mandates as COVID-19 cases and a new variant surge nationwide.
Kuwait says oil prices will likely stay below $72 per barrel as OPEC monitors global supply trends and U.S. policy signals. The remarks come during market uncertainty fueled by new U.S. tariffs on India and possible sanctions on Russia.
Rwanda on Friday denied claims that M23 rebels, allegedly supported by Kigali, massacred hundreds of civilians in eastern Democratic Republic of Congo, calling the accusations “unfounded” and lacking credible evidence.
The Congressional Budget Office (CBO) said Friday that continued global tariff hikes imposed by President Donald Trump could shrink the national deficit by $4 trillion over the next ten years.
Iranian Foreign Minister Abbas Araqchi and his French, British and German counterparts agreed on Friday to restart negotiations next week on nuclear and sanctions issues, according to Iranian state media.
Ukrainian President Volodymyr Zelenskyy accused Russia on Friday of obstructing plans for a summit with Vladimir Putin, while security guarantees for Ukraine remain under discussion with NATO allies.
Estonia has announced readiness to join a peacekeeping mission in Ukraine, offering up to one battalion for future deployment.
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