Barge capsizes in Gulf of Suez, multiple feared dead or missing
A barge belonging to Egypt’s Offshore Shukheir Oil Company (Osoco) has capsized in the Gulf of Suez, with multiple deaths and dozens feared missing,...
Chinese President Xi Jinping urged EU unity against tariff "bullying" during Spanish PM Sanchez’s visit, calling for deeper China-EU ties to defend globalization and economic stability amid escalating trade tensions with the U.S.
Chinese President Xi Jinping has called for stronger cooperation between China and the European Union to defend globalisation and oppose "unilateral acts of bullying", in a pointed response to U.S. tariff policies. Speaking during Spanish Prime Minister Pedro Sanchez’s visit to Beijing, Xi emphasised that "there are no winners in a tariff war," highlighting the need for joint action to ensure global economic stability.
Sanchez echoed the sentiment, urging dialogue between the U.S. and China while pushing for a more balanced China-EU trade relationship. His visit, aimed at strengthening economic and political ties, saw both nations sign agreements on science, education, and trade—particularly in pork and cherry exports.
Amid escalating U.S.-China tensions, with tariffs soaring above 145% on Chinese goods and China retaliating in kind, the EU has paused its countermeasures during a temporary 90-day reprieve. Sanchez hopes the European Commission will use this window to secure an optimal deal with Washington.
Xi reaffirmed China’s support for EU unity, encouraging collaboration in green energy, smart cities, and high-tech sectors—areas where the EU seeks to catch up with Chinese advances. Spain’s deepening ties with Beijing signal growing EU interest in navigating a multipolar world economy.
The U.S. economy faces a 40% risk of recession in the second half of 2025, JP Morgan analysts said on Wednesday, citing rising tariffs and stagflation concerns.
China has ramped up efforts to protect communities impacted by flood control measures, introducing stronger compensation policies and direct aid from the central government.
Severe rain in Venezuela has caused rivers to overflow and triggered landslides, sweeping away homes and collapsing a highway bridge, with five states affected and no casualties reported so far.
A malfunction in the radar transmission system at the Area Control Center in Milan suspended more than 300 flights at the weekend, across northwest Italy since Saturday evening according to Italy's air traffic controller Enav (National Agency for Flight Assistance).
Thousands of protesters rallied in Bangkok on Saturday, demanding Prime Minister Paetongtarn Shinawatra resign as political and economic tensions mount.
Prices for goods made in China and sold on Amazon.com are rising at a pace faster than overall inflation, signaling the growing impact of U.S. tariffs on consumers, a new analysis by retail analytics firm DataWeave reveals.
U.S. Secretary of State Marco Rubio convened his counterparts from India, Japan, and Australia on Tuesday for a high-stakes meeting of the Indo-Pacific Quad, aiming to reaffirm the group's commitment to countering China’s influence in the region.
A U.S. federal judge on Tuesday rejected Huawei Technologies Co Ltd's request to dismiss the majority of charges in a sweeping indictment, allowing the Chinese telecoms giant to face trial over allegations of trade secret theft, bank fraud, and sanctions violations.
A barge belonging to Egypt’s Offshore Shukheir Oil Company (Osoco) has capsized in the Gulf of Suez, with multiple deaths and dozens feared missing, the Ministry of Petroleum and Mineral Resources confirmed late Tuesday.
Denmark has expanded its military conscription to include women, aiming to recruit more soldiers and strengthen defence amid growing security concerns in Europe.
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