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 9th, covering the latest developments you need to know.
1. 7th ADA University Policy Forum kicks off in Baku
Today, Baku hosts the 7th ADA University Policy Forum titled "Facing the New World Order", jointly organized by ADA University and the Center of Analysis of International Relations (AIR Center). The high-level forum brings together over 80 international experts and think tank representatives from 44 countries to discuss pressing global challenges and the evolving geopolitical landscape.
2. Asian markets tumble as new US tariffs take effect
Asian stock markets fell sharply on Wednesday following the implementation of a new set of U.S. tariffs, including a staggering 104% levy on Chinese imports. The tariffs, which came into effect just after midnight Eastern Time, have further deepened uncertainty over President Donald Trump’s aggressive trade policies.
Investors around the globe have reacted strongly, with market volatility reflecting fears that these measures could spark a prolonged trade war and potentially trigger a global economic slowdown. In the United States, the S&P 500 shed 1.6% on Tuesday, erasing an earlier 4.1% gain and settling nearly 19% below its February record high. Similarly, the Dow Jones Industrial Average declined by 0.8%, while the Nasdaq composite fell by 2.1%, raising concerns about the U.S. entering bear market territory if the downward trend continues.
3. US to 'take back' Panama Canal from Chinese influence, visiting Pentagon chief says
The United States will "take back" the Panama Canal from Chinese influence, U.S. Defense Secretary Pete Hegseth said on Tuesday during a visit to the Central American nation.
After talks with Panama's government, Hegseth vowed to deepen security cooperation with Panamanian security forces and said China would not be allowed to "weaponize" the canal by using Chinese firms' commercial relationships for espionage.
"Together, we will take back the Panama Canal from China's influence," Hegseth said, speaking at a pier renovated with U.S. assistance in Panama City.
4. Mexico reports first human death from H5N1 bird flu
Mexico has reported its first human death from H5N1 avian influenza, a three-year-old girl from the northern state of Coahuila, according to the state's health minister.
Coahuila Health Minister Eliud Aguirre confirmed that the child passed away early Tuesday morning due to multiple organ failure caused by the infection. "We are monitoring all individuals who had close contact with the patient and conducting tests to determine if they are infected. So far, no one has tested positive," Aguirre added.
5. U.S.-Russia delegations to meet in Istanbul to discuss embassy operations
American and Russian diplomats will meet again in Istanbul on April 10 to focus exclusively on stabilising embassy operations between the two countries, the U.S. State Department announced on Tuesday.
Spokesperson Tammy Bruce made clear that the talks will not address political or security matters, stressing that “Ukraine is not, absolutely not on the agenda.”
“These talks are solely focused on our embassy operations,” Bruce told reporters. “They are not about normalising the broader relationship, which remains tied to peace in Ukraine.”
The discussions will take place at the Russian consulate in Istanbul, according to diplomatic sources.
6.Uzbek President Mirziyoyev advances ties with Arab states during 150th IPU Assembly
During the 150th Assembly of the Inter-Parliamentary Union (IPU), Uzbekistan's President Shavkat Mirziyoyev held productive discussions with the heads of parliaments from several Arab nations.
The high-level meeting saw the participation of leaders, including the Chairman of the Arab Parliament and the speakers of the parliaments of Bahrain, Egypt, Oman, Qatar, and the United Arab Emirates (UAE).
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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