Trump signs order ending US sanctions on Syria, Damascus welcomes move
U.S. President Donald Trump signed an executive order on Monday ending the U.S. sanctions programme on Syria, the White House confirmed....
Japanese Prime Minister Shigeru Ishiba has issued his strongest warning yet about the risks U.S. tariffs pose to the global economy, calling for mutual understanding and cooperation ahead of upcoming trade talks with Washington.
Japanese Prime Minister Shigeru Ishiba said on Monday that U.S. tariffs have the potential to disrupt the global economic order, issuing his strongest warning to date about the damage President Donald Trump's decisions could inflict on the world economy.
But he stressed that Japan will seek common ground with the United States on how the two countries can cooperate on issues ranging from trade and national security.
"In negotiating with the United States, we need to understand what's behind Trump's argument both in terms of the logic and the emotional elements behind his views," Ishiba told parliament.
"I am fully aware that what's happened so far has the potential to disrupt the global economic order," he said.
Ishiba also said the government is not thinking of issuing a supplementary budget now but stood ready to act in a timely fashion to cushion the economic blow from U.S. tariffs.
The remarks come ahead of the start of bilateral trade talks on Thursday that are expected to cover themes ranging from tariffs and non-tariff barriers to exchange rates.
In the latest back-and-forth on tariff pronouncements, Trump said on Sunday that he would be announcing the tariff rate on imported semiconductors over the next week.
Economy Minister Ryosei Akazawa, Japan's top negotiator on trade talks with the United States, said any discussion on currency rates will be held between Japanese Finance Minister Katsunobu Kato and U.S. Treasury Secretary Scott Bessent.
"Both countries share the view that excessive market volatility would have adverse effects on the economy," Kato told the same parliament session.
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.
The International Monetary Fund (IMF) on Monday approved the disbursement of an additional $500 million to Ukraine, following the completion of its eighth review under the country’s $15.5 billion Extended Fund Facility.
U.S. President Donald Trump on Monday publicly criticized AT&T for technical issues that disrupted a national conference call with faith leaders, urging the company’s leadership to address the situation and suggesting his administration may turn to a different carrier in future communications.
France, Spain, Kenya, and several other nations announced on Monday a joint pledge to tax premium-class airline passengers and private jet users, in a move aimed at raising billions of dollars for climate action and sustainable development.
An oil tanker carrying one million barrels of crude oil exploded near the Libyan coast, Bloomberg reported on 30 June.
U.S. President Donald Trump signed an executive order on Monday ending the U.S. sanctions programme on Syria, the White House confirmed.
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