UK resumes diplomatic ties with Syria after 14-year gap
The UK has re-established diplomatic relations with Syria, marking a major shift in its foreign policy following the fall of Bashar al-Assad’s regim...
U.S. President Donald Trump expressed frustration with Federal Reserve Chair Jerome Powell, stating on Thursday that Powell's termination "cannot come fast enough."
Trump took to his social media platform, Truth Social, to reiterate his demand for the U.S. central bank to reduce interest rates, emphasizing that Powell had missed opportunities to cut rates sooner.
Trump's post criticized Powell for not lowering interest rates in line with the European Central Bank, suggesting that the Fed should have taken more aggressive action earlier but urging immediate cuts now. The Fed's benchmark interest rate currently stands at 4.25%-4.50%, unchanged since December after several reductions late last year.
Trump's comments came a day after Powell addressed an event at the Economic Club of Chicago, where he reaffirmed the Federal Reserve's independence and explained its cautious approach to market volatility. Powell stated that the recent market fluctuations were a natural response to the Trump administration's shifting trade policies, rather than a crisis requiring immediate intervention.
Trump, however, dismissed Powell's remarks, calling them "another, and typical, complete mess!" and continued to criticize the Fed for being "too late and wrong" in its decisions. Despite these ongoing tensions, Powell's position at the Fed remains secure for now, though Trump’s comments underline his ongoing displeasure with the central bank’s policies.
The European Commission is set to propose allowing carbon credits from other countries to count towards the EU’s 2040 climate target, according to a leaked internal document.
A magnitude 5.5 earthquake struck off Japan’s Tokara Islands on Wednesday, with no tsunami warning issued but residents advised to remain vigilant.
The United States has rescinded licensing restrictions on ethane exports to China, allowing shipments to resume after a temporary halt and signalling progress in efforts to ease recent trade tensions.
Italy plans to grant approximately 500,000 work visas to non-EU nationals between 2026 and 2028, as announced in a cabinet statement. The initiative aims to address labor shortages by expanding legal immigration pathways
Following a deadly glacier collapse in Blatten, near the Swiss Alpine village of Kandersteg, the town is on high alert as melting permafrost and shifting rock threaten another potential disaster after it was buried a month ago.
Ukrainian President Volodymyr Zelenskyy said on Saturday that Kyiv has signed new agreements with international partners to boost joint arms production amid ongoing Russian attacks.
The UK has re-established diplomatic relations with Syria, marking a major shift in its foreign policy following the fall of Bashar al-Assad’s regime eight months ago.
Poland’s iconic Vistula River has dropped to historic lows, as severe drought and scorching heat grip the country.
UN Secretary-General Antonio Guterres condemned Russia’s recent large-scale drone and missile attacks on Ukraine, calling them the biggest since the war began over three years ago.
Russian air defences intercepted four Ukrainian drones targeting Moscow on Saturday, prompting brief flight suspensions at major airports in the capital and other cities.
You can download the AnewZ application from Play Store and the App Store.
What is your opinion on this topic?
Leave the first comment