Bitcoin breaks new records — price surpasses $123,000
Bitcoin hit a new all-time high on Monday morning, surpassing the $123,000 mark and gaining over 4% during the day....
Start your day informed with AnewZ Morning Brief: here are the top news stories for April 10th, covering the latest developments you need to know.
1. US pauses higher tariffs for most countries but hits China harder
President Donald Trump has announced a 90-day pause for countries hit by higher US tariffs but a trade war with China has escalated.
In a dramatic change of policy, just hours after levies against roughly 60 of America's trading partners kicked in, Trump said he was authorising a universal "lowered reciprocal tariff of 10%" as negotiations continued.
At the same time he increased tariffs on goods from China to 125%, accusing Beijing of a "lack of respect" after it retaliated by saying it would impose tariffs of 84% on US imports.
2. China announces 84% tariffs on US goods in showdown with Trump. Europe also hits back
China unveiled retaliatory tariffs of 84% on imports of US goods on Wednesday, matching additional tariffs imposed by US President Donald Trump earlier in the day and further inflaming a trade war between the world’s two biggest economies.
Trump’s sweeping “reciprocal” tariffs took effect earlier on Wednesday. China was the hardest-hit nation, with a levy now totaling at least 104% on all its goods. The two countries have been involved in a game of tit-for-tat on trade, with Beijing standing firmly against each new tariff introduced by Washington.
The trade war widened further on Wednesday after the European Union announced it would begin collecting retaliatory duties on US imports starting Tuesday.
3. Explosion rocks police headquarters in Afghan city of Kandahar
Local broadcaster TOLO News cited Mahmood Azam, a spokesperson for the governor of Kandahar province, who did not provide details about the cause of the blast or possible casualties.
4. Germany: CDU/CSU and SPD announce coalition government deal
German conservatives under Friedrich Merz clinched a coalition deal with the centre-left Social Democrats (SPD) on Wednesday, aiming to revive growth in Europe's largest economy just as a global trade war threatens recession.
The deal caps weeks of haggling between chancellor-in-waiting Merz and the SPD after he topped elections in February but fell well short of a majority, with the far-right Alternative for Germany surging into second place.
5. Death toll nears 200 in Dominican Republic nightclub tragedy
A devastating roof collapse at a popular nightclub in the capital of the Dominican Republic has claimed at least 184 lives, authorities said late on Wednesday, as the search for survivors turned increasingly grim.
The nightclub collapsed on Tuesday and for two days families have gathered outside the wreckage of the Jet Set club in Santo Domingo, anxious for information about their missing relatives and sharing photos with police.
6.Türkiye talks with Israel about deconfliction in Syria when needed, foreign minister says
Türkiye has been holding technical talks with Israel for deconfliction in Syria when needed, Foreign Minister Hakan Fidan said on Wednesday.
Fidan's remarks came a week after Israel stepped up airstrikes on Syria, declaring the attacks a warning to the new government in Damascus as it accused Türkiye of trying to turn the country into a Turkish protectorate.
A series of earthquakes have struck Guatemala on Tuesday afternoon, leading authorities to advise residents to evacuate from buildings as a precaution against possible aftershocks.
A deadly mass shooting early on Monday (7 July) in Philadelphia's Grays Ferry neighbourhood left three men dead and nine others wounded, including teenagers, as more than 100 shots were fired.
Australian researchers have created a groundbreaking “biological AI” platform that could revolutionise drug discovery by rapidly evolving molecules within mammalian cells.
Dozens of international and domestic flights were cancelled or delayed after Mount Lewotobi Laki Laki erupted on Monday, but Bali’s main airport remains operational.
French member of parliament Olivier Marleix was found dead at his home on Monday, with suicide being considered a possible cause.
UN Secretary-General Antonio Guterres said on Monday that only 35% of the Sustainable Development Goals (SDGs) are currently on course to meet their targets, while 18% are regressing.
US President Donald Trump warned on Monday that if no agreement is reached within 50 days to end the war in Ukraine, the US will impose 100% secondary tariffs on Russia.
On 13 July, a plane crash near London’s Southend Airport resulted in the deaths of four people. Essex Police confirmed that all the deceased were foreign nationals.
UN Secretary-General Antonio Guterres stated on Monday that a ceasefire in the Gaza Strip alone is insufficient to resolve the conflict. He emphasised the necessity of a two-state solution where both Palestinians and Israelis can fully exercise their rights.
Bitcoin hit a new all-time high on Monday morning, surpassing the $123,000 mark and gaining over 4% during the day.
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