Israel intensifies strikes on Houthi targets in Yemen under Operation Black Flag
Israel’s Minister of Defense announced the launch of Operation Black Flag, with the Israeli Defense Forces (IDF) carrying out strikes on multiple mi...
President Donald Trump is touting strong job numbers as proof of his economic leadership while blaming former President Joe Biden for lingering problems, even as economic indicators show mixed signals.
“I think the good parts are the Trump economy and the bad parts are the Biden economy because he’s done a terrible job,” President Donald Trump said in an interview with NBC’s Kristen Welker set to air on “Meet the Press.” “He did a terrible job on everything, from his autopen — which I’m sure he knew nothing about, some of the things he was supposedly signing.”
Trump did not explain how he separates the impacts of each presidency on the current state of the economy. Still, he was quick to link April’s better-than-expected jobs report to his own policies, despite only recently returning to the White House.
In the first 100 days of his new term, Trump has aggressively pushed to overhaul the global economic order, reintroducing broad tariffs that affect both rivals and allies. He has also prioritized bringing manufacturing back to the U.S., though many of his punitive measures have been temporarily paused for 90 days to allow time for negotiations.
However, the early data has not been entirely favorable. The U.S. economy contracted in the first quarter of 2025, a notable downturn from the 2.4 percent growth seen in the final quarter of 2024. Consumer confidence has also taken a hit.
“Tariffs will soon start kicking in, and companies are starting to move into the USA in record numbers,” Trump wrote on Truth Social last week. “Our country will boom, but we have to get rid of the Biden ‘Overhang.’ This will take a while, has NOTHING TO DO WITH TARIFFS, only that he left us with bad numbers, but when the boom begins, it will be like no other. BE PATIENT!!!”
In April, U.S. employers added 177,000 jobs and hourly wages rose, although many of the federal job cuts proposed by the Trump administration have not yet impacted employment figures. Despite these gains, Trump’s approval rating on economic issues stands at just 39 percent, according to a recent CNN poll.
“Ultimately, I take responsibility for everything,” Trump told Welker. “But I’ve only just been here for a little more than three months.”
He added, “The stock market — look at what’s happened in the last short period of time. Didn’t it have nine or 10 days in a row, or 11 days, where it’s gone up? And the tariffs have just started kicking in. And we’re doing really well. Psychologically, I mean, the fake news was giving me such press on the tariffs. The tariffs are going to make us rich. We’re going to be a very rich country.”
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.
China’s northern and western provinces are on high alert for flash floods and landslides as intense monsoon rains continue to overwhelm defences, killing at least seven and displacing communities across the country.
U.S. Treasury Secretary Scott Bessent has urged Elon Musk to steer clear of politics and prioritise his companies, after the Tesla CEO announced the formation of a new political party in defiance of President Donald Trump.
TikTok is building a new version of its app for U.S. users ahead of a planned sale to American investors, The Information reported, as President Donald Trump prepares fresh talks with China over the platform’s future.
BRICS leaders meeting in Rio de Janeiro have condemned attacks on Iran, Gaza and Kashmir, while presenting the expanded bloc as a rising force for multilateralism in a world dominated by U.S.-led policies.
Israel’s Minister of Defense announced the launch of Operation Black Flag, with the Israeli Defense Forces (IDF) carrying out strikes on multiple military targets belonging to the Houthi movement in Yemen.
UN teams have deployed to Syria’s coastal Latakia province, where wildfires have been burning for four days, forcing hundreds of families to flee and destroying large areas of farmland and infrastructure.
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