Trump announces 20% tariff on Vietnamese exports in scaled-back trade move
U.S. President Donald Trump has announced a reduced 20% tariff on many Vietnamese exports, down from a previously planned 46%, in what he described as...
Pope Francis approved a new three-year process to consider reforms for the global Catholic Church, the Vatican said on Saturday, in a sign the 88-year-old pontiff plans to continue on as pope despite his ongoing battle with double pneumonia.
Francis has extended the work of the Synod of Bishops, a signature initiative of his 12-year papacy, which has discussed reforms such as the possibility of women serving as Catholic deacons and better inclusion of LGBTQ people in the Church.
The synod, which held an inconclusive Vatican summit of bishops on the future of the Church last October, will now hold consultations with Catholics across the world for the next three years, before hosting a new summit in 2028.
Francis approved the new process for reforms on Tuesday from Rome's Gemelli hospital, where he is being treated, the Vatican said on Saturday.
The pope has been in hospital for more than a month and his prolonged public absence has stoked speculation that he could choose to follow his predecessor Benedict XVI and resign the papacy.
But his friends and biographers have insisted he has no plans to step down, and the approval of a new three-year process indicated he wants to continue on, despite his age and the possibility he might face a long, fraught road to recovery from pneumonia, given his age and other medical conditions.
"The Holy Father ... is helping push the renewal of the Church toward a new missionary impulse," Cardinal Mario Grech, the Church official leading the reform process told the Vatican's media outlet. "This is truly a sign of hope."
After last October's inconclusive Vatican summit, which yielded no concrete action on possible reforms, Francis had faced questions of whether his papacy was running out of steam.
Vatican officials had said at the time that Francis was still considering future changes, and was waiting to receive a series of ten expected reports about possible reforms this June.
The latest medical bulletins from the Vatican on the pope's condition in hospital have said he is improving and is no longer in immediate danger of death.
They have not said when he will be discharged from hospital.
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.
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 European Commission is set to propose allowing carbon credits from other countries to count towards the EU’s 2040 climate target, according to a leaked internal document.
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.
The European Union has raised Ukraine's electricity export capacity by 38.5%, enabling the country to generate additional revenue to repair energy infrastructure damaged by Russian attacks.
Australia has finalised a AU $2 billion ($1.3 billion) purchase of U.S. made supersonic missiles, reinforcing its commitment to defence investment while stopping short of U.S. calls to adopt a higher military spending target.
U.S. President Donald Trump has announced a reduced 20% tariff on many Vietnamese exports, down from a previously planned 46%, in what he described as a new trade framework with Hanoi.
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.
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