Taylor Swift reclaims full ownership of her first six albums
In a landmark moment for artists’ rights, Taylor Swift has officially bought back the master recordings of her first six albums, ending a long-running dispute over who controls her music.
The Philippines faces the lightest blow from Washington’s new tariff regime—just 17 % on average and with a third of its exports exempt—positioning Manila to lure trade and investment diverted from harder-hit neighbours, a Philippine Institute for Development Studies report says.
A Tariff Exposure Composite Index compiled by the Philippine Institute for Development Studies (PIDS) puts Manila’s overall risk at “moderate,” with an average U.S. duty of just 17 % — the smallest among the five countries surveyed (Malaysia, Thailand, Indonesia, Vietnam and the Philippines).
Although the Philippines has not escaped the trade friction sparked by President Donald Trump’s import taxes, its exposure is limited by generous exemptions: roughly one-third of Philippine shipments to the United States — mainly semiconductors, memory chips and storage devices — remain duty-free. By contrast, Indonesia pays a 32 % tariff and secures exemptions on only about 10 % of its exports, even though both nations share the same composite risk score of 2.2.
Vietnam and Thailand face far steeper headline tariffs of 46 % and 36 %, respectively, though those rates have been suspended until July. They also rank higher on the PIDS risk index, at 3.4 and 3.0, reflecting heavier reliance on the U.S. market and thinner exemption coverage.
Malaysia places second-best after the Philippines, with a 24 % duty and the region’s widest shield: exemptions protect nearly 46 % of its U.S. sales, largely in electronics and semiconductor equipment, giving it a risk score of 2.8.
Despite the advantage, PIDS warns the Philippines still trails Malaysia and Vietnam in manufacturing scale, logistics and its ability to absorb fresh investment. “The Philippines is strategically positioned to benefit,” wrote study author and former trade undersecretary Rafaelita Aldaba. “Its low tariff rate, strong exemptions for key exports and moderate exposure create an opportunity to attract trade and investment shifts. But real gains will hinge on rapid improvements in logistics, investment facilitation and targeted export promotion.”
AnewZ takes to the streets of Yerevan and Baku to ask a simple yet deeply complex question: How do you see peace between Armenia and Azerbaijan? In the first part of our special report, we hear the hopes, doubts, and scars still shaping people’s perspectives on both sides.
On May 28, the inauguration ceremony of Lachin International Airport was held.
A car drove into crowds of Liverpool fans celebrating the club’s Premier League title in the city centre on Monday evening, injuring dozens including 4 children. A 53-year-old man believed to be the driver was arrested at the scene.
EU ministers have greenlit a massive €150 billion defense investment fund—dubbed the Security Action for Europe (SAFE)—as the bloc ramps up its military readiness in response to Russia’s aggression and growing uncertainty over U.S. security guarantees.
Kyiv faced a large-scale Russian drone and missile assault overnight, with explosions and gunfire echoing throughout the city, forcing residents to shelter in subway stations.
In a landmark moment for artists’ rights, Taylor Swift has officially bought back the master recordings of her first six albums, ending a long-running dispute over who controls her music.
A 61-year-old man in Alaska rescued after being trapped facedown under a massive 700-pound boulder in a freezing glacier-fed creek for three hours.
Two foreign nationals were indicted Friday in California and Wisconsin for allegedly trying to smuggle sensitive U.S. military technology to China and target an American dissident critical of Beijing.
The Federal Aviation Administration has ordered an accident investigation into SpaceX’s latest Starship test flight, which ended with the spacecraft spinning out of control and breaking apart over the Indian Ocean.
Czech Justice Minister Pavel Blažek resigned Friday after opposition parties called for his removal over a controversy involving bitcoins donated to the Ministry of Justice.
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