President-elect Donald Trump picked prominent investor Scott Bessent to take on the role of U.S. treasury secretary.
President-elect Donald Trump picked prominent investor Scott Bessent to take on the role of U.S. treasury secretary on November 22, putting him at the helm of a cabinet position, if confirmed, with vast influence over economic, regulatory and international affairs.
Wall Street had been closely watching who Trump would choose for the coveted role, especially given his plans to remake global trade through tariffs. A handful of finalists emerged in recent days, including former Federal Reserve governor Kevin Warsh and Apollo Global Management CEO Marc Rowan.
Bessent has advocated for tax reform and deregulation, particularly to spur more bank lending and energy production, as noted in a recent opinion piece he wrote for The Wall Street Journal.
Iran has rejected a U.S. demand to halt uranium enrichment ahead of a new round of nuclear talks set for Saturday in Oman. U.S. Secretary of State Marco Rubio said Iran must stop all enrichment and import only low-level uranium for civilian use.
U.S. Vice President JD Vance has delivered a stark ultimatum to Moscow and Kyiv, urging them to accept a proposed ceasefire deal or face a withdrawal of American diplomatic efforts.
U.S. President Donald Trump's envoy, Steve Witkoff, is traveling to Moscow this week for renewed peace talks with Russian President Vladimir Putin. The White House confirmed Tuesday that Witkoff will attempt to advance negotiations aimed at ending the war in Ukraine.
South Korean Finance Minister Choi Sang-mok departed for Washington on Tuesday to lead high-level trade negotiations with U.S. officials.
China’s pivot away from U.S. liquefied petroleum gas under new tariffs is shaking global energy flows, slashing demand, and fuelling a scramble for alternatives across Asia, with Middle Eastern suppliers and rival buyers seizing the moment.
South Korea’s data protection authority said Thursday that Chinese AI startup DeepSeek transferred user information and prompt content abroad without user consent during its initial launch in the country.
The United States is preparing to offer over $100 billion in arms sales to Saudi Arabia, according to six sources familiar with the matter. The package is expected to be announced during President Donald Trump’s visit to the kingdom in May.
A 15-year-old boy killed a fellow pupil and wounded three others in a stabbing attack at a high school in the western French city of Nantes on Thursday before he was overpowered by teachers, police said.
“The EU will stand with Moldova in every step of the way until the very membership,” - stated Kaja Kallas, EU High Representative for Foreign Affairs and Security Policy, Vice-President of the European Commission at her joint press-conference with the President of Moldova, Maia Sandu.
In a significant development for Afghanistan-Russia relations, Zamir Kabulov, Special Envoy of the Russian President, held high-level talks with Taliban officials in Kabul, signaling a further warming of ties between the two nations.
China has rolled out the world’s first 10-gigabit (10G) fixed broadband network in Xiong'an New Area, promising ultra-fast speeds and low latency through cutting-edge optical infrastructure.
The Holy Fire ceremony stands as one of Christianity's most enduring and mysterious rituals, drawing thousands of pilgrims to Jerusalem each year.
Pope Francis's relationship with Azerbaijan has evolved significantly over the years, characterized by diplomatic exchanges, promotion of religious tolerance, and peace advocacy in the Caucasus region.
Russia launched a major missile and drone assault on Kyiv overnight on April 24, killing at least twelve people and injuring 90, including children and a pregnant woman, according to Mayor Vitali Klitschko.
Severe rainfall on April 17 led to flooding and landslides in the Piedmont region, prompting a large-scale emergency response from over 400 firefighters.
South Korea’s data protection authority said Thursday that Chinese AI startup DeepSeek transferred user information and prompt content abroad without user consent during its initial launch in the country.
The United States is preparing to offer over $100 billion in arms sales to Saudi Arabia, according to six sources familiar with the matter. The package is expected to be announced during President Donald Trump’s visit to the kingdom in May.
A 15-year-old boy killed a fellow pupil and wounded three others in a stabbing attack at a high school in the western French city of Nantes on Thursday before he was overpowered by teachers, police said.
“The EU will stand with Moldova in every step of the way until the very membership,” - stated Kaja Kallas, EU High Representative for Foreign Affairs and Security Policy, Vice-President of the European Commission at her joint press-conference with the President of Moldova, Maia Sandu.
UK Prime Minister Keir Starmer is nearing a defence deal with the EU to reset post-Brexit ties, even as his government courts a U.S. trade deal. Talks will culminate at a May summit, aiming to boost cooperation in defence, energy, and youth mobility.
South Korea’s data protection authority said Thursday that Chinese AI startup DeepSeek transferred user information and prompt content abroad without user consent during its initial launch in the country.
The United States is preparing to offer over $100 billion in arms sales to Saudi Arabia, according to six sources familiar with the matter. The package is expected to be announced during President Donald Trump’s visit to the kingdom in May.
A 15-year-old boy killed a fellow pupil and wounded three others in a stabbing attack at a high school in the western French city of Nantes on Thursday before he was overpowered by teachers, police said.
“The EU will stand with Moldova in every step of the way until the very membership,” - stated Kaja Kallas, EU High Representative for Foreign Affairs and Security Policy, Vice-President of the European Commission at her joint press-conference with the President of Moldova, Maia Sandu.
In a significant development for Afghanistan-Russia relations, Zamir Kabulov, Special Envoy of the Russian President, held high-level talks with Taliban officials in Kabul, signaling a further warming of ties between the two nations.
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