Gold rebounds from one-month low as dollar weakens and trade optimism rises
Gold prices edged higher on Monday after slipping to their lowest level in more than a month, supported by a weakening U.S. dollar and easing geopolit...
U.S. President Donald Trump welcomed Irish Prime Minister Micheál Martin to the White House on Wednesday for the annual St. Patrick's Day celebration, using the occasion to accuse Ireland of benefiting unfairly from U.S. trade policies.
During their Oval Office meeting, Trump claimed Ireland, like other European Union nations, had taken advantage of the United States, specifically pointing to U.S. pharmaceutical companies shifting operations to Ireland due to favorable tax policies.
"Of course they are," Trump said when asked if Ireland was among the countries exploiting the U.S. economy. "I have great respect for Ireland and what they did, but the United States shouldn’t have let it happen. We had stupid leaders."
Martin defended Ireland’s role in trade, emphasizing that the economic relationship between the two nations was mutually beneficial. "It’s a two-way street," he said, adding that Irish airlines were among Boeing’s biggest customers and that over 700 Irish companies operate in the U.S., creating thousands of jobs.
Despite the economic debate, Trump and Martin exchanged lighter moments. The U.S. president was briefly distracted by Vice President JD Vance’s shamrock-patterned socks, joking, "I’m trying to stay focused, but I’m very impressed with the VP’s socks."
Trump also made a quip about comedian Rosie O’Donnell’s recent move to Ireland, stating Martin was "better off not knowing" about her, referencing his long-running feud with the talk-show host.
As the meeting concluded, Trump was asked to name his favorite person from Ireland. He responded with mixed martial arts fighter Conor McGregor, praising his tattoos. He also acknowledged Martin’s father, a former boxer, humorously suggesting that Martin himself looked "too smooth" to be a fighter. "I’m a pretty good defensive boxer," Martin replied with a grin.
While the discussion highlighted economic tensions, Martin emphasized the long-standing relationship between the U.S. and Ireland, suggesting both nations could work toward an enduring partnership.
The visit concluded with Martin presenting Trump with the traditional bowl of shamrocks, a longstanding St. Patrick’s Day tradition at the White House.
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.
Authorities in Azerbaijan have launched an investigation into the Baku office of Sputnik Azerbaijan over claims it continued operations illegally after its accreditation was revoked.
As U.S. President Donald Trump’s tariff threats shake confidence in the American market, as investors increasingly turn to Europe, drawn by its relative political stability and infrastructure-driven economic agenda.
The European Council has extended its sectoral sanctions on Russia until January 31, 2026, in response to Russia’s continued destabilising actions in Ukraine.
Temperatures are reaching at least 40 degrees Celsius or more on the last day of June in southern Europe with countries issuing health and environmental warnings in France, Italy, Portugal and Spain.
President Trump's administration has warned Harvard University it may lose federal funds over alleged civil rights violations linked to its treatment of Jewish and Israeli students, according to a Wall Street Journal report.
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