live Oil prices fall as Iran vows retaliation over U.S. sanctions
Oil prices fell after the U.S. expanded economic sanctions on Iran, as Tehran vowed to retaliate and warned it had tools to respond, raising concer...
Start your day informed with AnewZ Morning Brief: here are the top news stories for April 7th, covering the latest developments you need to know.
1. Trump compares tariffs to 'medicine' as Asian markets convulse
U.S. President Donald Trump said on Sunday foreign governments would have to pay "a lot of money" to lift sweeping tariffs that he characterized as "medicine," prompting further carnage in global financial markets.
Asian stocks posted steep losses in early trading on Monday and U.S. stock market futures opened sharply lower as investors registered concerns that Trump's tariffs could lead to higher prices, weaker demand, lower confidence and potentially a global recession.
2. Zelenskyy slams US lack of response to Putin truce rejection
Ukraine's President Volodymyr Zelenskyy on Sunday lamented the lack of a US response to Russia's refusal to agree "a full, unconditional ceasefire" as two people were killed in Moscow's latest aerial bombardment.
Russia mounted a "massive" missile and drone attack on Ukraine that also wounded seven people, Zelenskyy said, warning that Moscow was stepping up its aerial attacks.
3. South Korea cabinet to decide on June 3 presidential election date, Yonhap says
South Korea's cabinet is expected to finalise a June 3 date for a presidential election following the removal of Yoon Suk Yeol last week for his short-lived martial law declaration, Yonhap news said on Monday.
Although not required by law, the cabinet will make the decision at a meeting on Tuesday, as it needs to approve a holiday for the event, Yonhap cited an unidentified government official as saying.
4. Medical helicopter crashes into sea off Japan, killing 3 while 3 are rescued
A total of six passengers were on board the helicopter heading to a hospital in Fukuoka city from Tsushima Island in the Nagasaki region on Sunday afternoon.
Ryuji Tominaga, the hospital’s head, told reporters that the accident was “utterly heartbreaking.”
5. Ukraine will send a team to the US next week for talks on a new draft mineral deal
“The new draft agreement from the U.S. shows that the intention to create a fund or jointly invest remains,” Svyrydenko said Saturday, during a trip to northern Ukraine.
6. US measles outbreak claims life of 2nd child in Texas, raising national death toll to 3
The US measles outbreak has claimed the life of a second child in the state of Texas, the Department of Health and Human Services confirmed late Saturday, according to media reports.
The latest casualty brings the total number of measles deaths in the US to three, including an adult who died in the neighboring state of New Mexico in March.
Oil prices fell after the U.S. expanded economic sanctions on Iran, as Tehran vowed to retaliate and warned it had tools to respond, raising concerns over potential disruption to regional oil supplies.
Ukraine’s President Volodymyr Zelenskyy said on Monday that Kyiv wants peace but will not surrender to Russia, as foreign leaders joined Independence Day events marking 35 years since Ukraine’s independence.
Only four commodity vessels crossed the Strait of Hormuz on Sunday, following 13 transits a day earlier, as disruptions continue to restrict traffic through the key energy chokepoint.
A newly created pro-government political party has secured a commanding victory in Kazakhstan's snap parliamentary election, according to exit polls, strengthening President Kassym-Jomart Tokayev's influence at a pivotal moment in the country's political transition.
Kyiv has recently received a small number of U.S.-made Patriot interceptors capable of downing Russian ballistic missiles, Ukrainian President Volodymyr Zelenskyy has said. It comes as Britain and France pledged stronger military support for Ukraine.
Kyiv has recently received a small number of U.S.-made Patriot interceptors capable of downing Russian ballistic missiles, Ukrainian President Volodymyr Zelenskyy has said. It comes as Britain and France pledged stronger military support for Ukraine.
Canada has announced nearly $20 billion in retaliatory tariffs on U.S. goods and billions in support for workers and businesses, escalating its trade dispute with Washington after President Donald Trump's latest duties took effect.
Pakistani exporters are facing soaring shipping costs to the U.S., with freight rates more than tripling on some routes as the Iran-U.S. conflict drives up war-risk insurance and fuel costs.
The trial of a Libyan man accused of building the bomb that destroyed Pan Am Flight 103 over the Scottish town of Lockerbie in 1988, killing 270 people, has been postponed by a U.S. federal judge.
France and Saudi Arabia have agreed on plans for a $7 billion manga-themed amusement complex near Paris, inspired by the hugely popular Japanese franchise Dragon Ball Z.
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