Medals awarded in eight disciplines on day nine of Milano-Cortina 2026 Winter Olympics
Medals were awarded in eight disciplines on Sunday as the 2026 Milano-Cortina Winter Olympics continued in Italy....
Sweeping tariffs under U.S. President Donald Trump and countermeasures could have a "catastrophic" impact on developing countries, hitting even harder than foreign aid cuts, the director of the United Nation's trade agency said on Friday.
Global trade could shrink by 3-7% and global gross domestic product by 0.7%, with developing countries the worst affected, the International Trade Centre said.
"It is huge," Pamela Coke-Hamilton, executive director of the International Trade Centre, told Reuters. "If this escalation between China and the U.S. continues it will result in an 80% reduction in trade between the countries, and the ripple effect of that across the board can be catastrophic."
Global markets continued to face turmoil on Friday, after Trump announced a 90-day tariff pause on dozens of countries, while ratcheting up tariffs on Chinese imports, raising them effectively to 145% when levies imposed earlier this year are taken into account.
China has been raising its tariffs on the U.S. with each Trump increase, raising fears that Beijing may jack up tariffs above the current 84%.
"Tariffs could have a much more harmful impact than the removal of foreign aid," Coke-Hamilton said, warning that developing economies risk sliding back on the economic gains they made in recent years.
The International Trade Centre's projections are based on data it gathered that do not reflect the 90-day pause or levy hike on China to 125% and its subsequent 84% hike on U.S. goods.
U.S. Ambassador to NATO Matthew Whitaker said China has the power to bring an end to Russia’s war in Ukraine, arguing that Beijing is enabling Moscow’s military campaign.
American figure skating star Ilia Malinin endured a dramatic collapse in the men’s free skate on Friday night, falling twice and tumbling out of medal contention at the Milan Cortina Winter Olympics as Kazakhstan’s Mikhail Shaidorov surged to a surprise gold medal.
Thousands of fans packed River Plate’s Monumental Stadium in Buenos Aires on Friday for the first of three sold-out concerts by Puerto Rican reggaeton star Bad Bunny, as part of his “Debí Tirar Más Fotos” World Tour.
New Zealand declared a state of emergency in Otorohanga on Saturday (14 February) after torrential rain caused severe flooding, power outages and evacuations.
Austria’s Janine Flock won the gold medal in the women’s skeleton event at the Milano-Cortina 2026 Winter Olympics on Saturday.
Medals were awarded in eight disciplines on Sunday as the 2026 Milano-Cortina Winter Olympics continued in Italy.
Hungarian opposition leader Peter Magyar delivered a state of the nation speech in Budapest on Sunday, saying the parliamentary elections in April were an opportunity for his country to take a new direction.
United States prepares for the possibility of sustained, weeks-long military operations against Iran, two U.S. officials told Reuters as the images of the USS Abraham Lincoln carrier strike group sailing and flying in formation were released on Sunday.
The Somali Army carried out a targeted airstrike in southern Somalia, killing 15 al-Shabaab militants, the country’s Defence Ministry said on Sunday.
U.S. Secretary of State Marco Rubio on Sunday (15 February) called it “troubling” a report by five European allies blaming Russia for killing late Kremlin critic Alexei Navalny using a toxin from poison dart frogs.
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