European stocks fall as Trump tariff threats rattle markets
European shares dropped on Friday after President Donald Trump intensified tariff threats against the EU, casting doubt on trade talks and dampening i...
A verbal order from U.S. Defense Secretary Pete Hegseth briefly halted 11 arms shipments to Ukraine without presidential approval, exposing cracks in Trump’s early national security process.
Just a week into President Donald Trump’s second term, the U.S. military halted 11 flights carrying weapons to Ukraine. The order, issued verbally from Secretary of Defense Pete Hegseth’s office, stopped shipments from Dover Air Force Base and a U.S. base in the UAE.
The pause stunned officials in Kyiv, Warsaw, and Washington. Top national security staff were unaware of the decision, and the White House said the move reflected Trump's position at the time. But according to several sources, Trump gave no instruction to stop aid.
The flights resumed within days, but the confusion underscored deeper dysfunction. TRANSCOM records show the order came after a January 30 Oval Office meeting. Sources say Hegseth may have misunderstood a discussion about using aid as leverage in peace talks.
The incident cost TRANSCOM up to $2.2 million and raised concerns about the chain of command. National Security Adviser Mike Waltz later reversed the decision. He was removed from his post last week and is now expected to be nominated U.S. ambassador to the U.N.
Behind the scenes, Hegseth was reportedly influenced by a group of Pentagon advisers with no prior government experience and anti-interventionist views. Some of those staffers, including Dan Caldwell, were later escorted from the building over alleged security breaches.
The White House maintains that the war is closer to resolution than when Trump took office. But Ukraine, already struggling in the east, was caught off guard by the pause. U.S. and European officials described it to Kyiv as “internal politics.”
No new military aid policy has been announced. The final Biden-era shipments are now moving again.
Australian researchers have pioneered a low-cost and scalable plasma-based method to produce ammonia gas directly from air, offering a green alternative to the traditional fossil fuel-dependent Haber-Bosch process.
A series of earthquakes have struck Guatemala on Tuesday afternoon, leading authorities to advise residents to evacuate from buildings as a precaution against possible aftershocks.
A deadly mass shooting early on Monday (7 July) in Philadelphia's Grays Ferry neighbourhood left three men dead and nine others wounded, including teenagers, as more than 100 shots were fired.
The 17th Summit of the Economic Cooperation Organization (ECO) was successfully held in Khankendi, Azerbaijan, highlighting the region’s revival and the deepening economic cooperation among member states.
Dozens of international and domestic flights were cancelled or delayed after Mount Lewotobi Laki Laki erupted on Monday, but Bali’s main airport remains operational.
Washington and Ottawa are once again at odds, as President Trump unveils a sharp new tariff on Canadian goods—citing drug trafficking and trade disputes just weeks ahead of a key deadline.
France recorded over 100 drowning deaths in just one month — a 58% rise from last year — as unusually high temperatures drove more people to water, public health officials say.
Migration offset natural decline for the fourth consecutive year, pushing the European Union’s population to an historic high of 450.4 million in 2024, according to Eurostat figures released on Friday.
Germany’s public debt is projected to climb from 62.5% to 74% of GDP by 2030, driven by record defence and infrastructure spending, according to a report by the European rating agency Scope.
The global oil market may be tighter than headline supply-demand figures suggest, the International Energy Agency (IEA) said Friday, citing rising refinery activity and seasonal summer demand as key drivers of short-term market pressure.
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