U.S. to implement higher tariffs starting August 1, Commerce Secretary says
The U.S. will begin applying increased tariff rates from August 1, according to Commerce Secretary Howard Lutnick....
Sweden will give over $137 million to Ukraine for reconstruction, development, and humanitarian aid. The package, its largest civilian support to date, will fund infrastructure repair, mine clearance, and health worker training, with officials stressing both solidarity and Sweden’s security interest
Sweden will give more than 1.4 billion Swedish crowns ($137.7 million) to Ukraine to help with reconstruction and development, as well as urgent humanitarian needs, Sweden's Minister for International Development Benjamin Dousa said on Thursday.
The package, Sweden's largest ever civilian aid programme according to Dousa, includes support for the reconstruction of destroyed infrastructure, as well as mine clearance and health worker training.
"Support for Ukraine is a matter of solidarity, but also of Sweden's security," Dousa told a press conference.
"The last few weeks have not been easy. It has never been clearer that we can no longer take the world's support for Ukraine for granted," he added.
($1 = 10.1684 Swedish crowns)
A magnitude 5.5 earthquake struck off Japan’s Tokara Islands on Wednesday, with no tsunami warning issued but residents advised to remain vigilant.
The United States has rescinded licensing restrictions on ethane exports to China, allowing shipments to resume after a temporary halt and signalling progress in efforts to ease recent trade tensions.
Italy plans to grant approximately 500,000 work visas to non-EU nationals between 2026 and 2028, as announced in a cabinet statement. The initiative aims to address labor shortages by expanding legal immigration pathways
Following a deadly glacier collapse in Blatten, near the Swiss Alpine village of Kandersteg, the town is on high alert as melting permafrost and shifting rock threaten another potential disaster after it was buried a month ago.
China’s northern and western provinces are on high alert for flash floods and landslides as intense monsoon rains continue to overwhelm defences, killing at least seven and displacing communities across the country.
U.S. Treasury Secretary Scott Bessent has urged Elon Musk to steer clear of politics and prioritise his companies, after the Tesla CEO announced the formation of a new political party in defiance of President Donald Trump.
TikTok is building a new version of its app for U.S. users ahead of a planned sale to American investors, The Information reported, as President Donald Trump prepares fresh talks with China over the platform’s future.
BRICS leaders meeting in Rio de Janeiro have condemned attacks on Iran, Gaza and Kashmir, while presenting the expanded bloc as a rising force for multilateralism in a world dominated by U.S.-led policies.
The U.S. will begin applying increased tariff rates from August 1, according to Commerce Secretary Howard Lutnick.
Israel’s Minister of Defense announced the launch of Operation Black Flag, with the Israeli Defense Forces (IDF) carrying out strikes on multiple military targets belonging to the Houthi movement in Yemen.
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