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 US trade deficit reached a record $140.5 billion (€123.6 billion) in March, driven by a surge in imports, particularly pharmaceuticals, as businesses stockpiled to offset potential tariff impacts.
According to data from the US Department of Commerce, exports of goods and services totaled $278.5 billion (€244.9 billion), while imports climbed to $419 billion (€368.5 billion). A significant portion of this increase was due to pharmaceutical imports, which rose by $20.9 billion (€18.4 billion), as companies moved to secure supplies ahead of anticipated trade measures.
Economists suggest the import surge is largely sector-specific, with pharmaceuticals accounting for most of the growth. Other sectors, such as retail, showed less activity, possibly due to existing tariffs or uncertainty about future trade policies. Meanwhile, imports of capital goods and automobiles rose, while industrial materials, including steel and crude oil, declined amid existing levies.
The spike in imports coincided with heightened trade tensions as new tariff measures were announced. While the White House argues these tariffs will reduce trade deficits and bolster domestic manufacturing, experts caution they may lead to higher costs for businesses and consumers.
The increased imports contributed to a decline in the US economy's growth rate, with the first quarter seeing a 0.3% contraction in GDP. Analysts expect the import surge to stabilize in the coming months, alleviating some pressure on economic growth.
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.
An international academic conference titled "Islamophobia: Exposing Prejudice and Destroying Stigma" has officially opened in the capital of Azerbaijan, bringing together global scholars, experts, and policymakers to address the rise and consequences of anti-Muslim discrimination.
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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