Rubio: U.S. will take action to mitigate oil price spike for Americans
The U.S. will take action to mitigate rising energy prices due to a spike in the price of oil caused ...
Start your day informed with AnewZ Morning Brief: here are the top news stories for May 8th , covering the latest developments you need to know.
1. Trump expected to unveil trade deal with UK amid global tensions.
President Donald Trump is expected to announce a significant new trade agreement with the United Kingdom on Thursday, signalling what may be the beginning of a broader economic strategy aimed at strengthening bilateral ties with key allies.
The move comes at a critical time for global markets, as tensions escalate between major economies and trade negotiations take centre stage in shaping future economic alliances.
2. Victory Day 2025: Commemorating the 80th Anniversary of Allied Victory.
On May 8, 2025, the United States marks the 80th anniversary of the Allied victory in Europe, commemorating the end of World War II and the defeat of fascism.
This Victory Day not only honours the bravery of American service members but also reaffirms the nation’s commitment to preserving liberty and promoting peace globally. The day is a reminder of the sacrifices made and the importance of working toward a secure, prosperous, and free world.
3. Xi Jinping arrives in Moscow for key summit with Putin.
Chinese President Xi Jinping arrived in Moscow on Wednesday ahead of high-level talks with President Vladimir Putin and his participation in Russia’s Victory Day parade, signalling deepening ties between two powers increasingly aligned in global affairs.
4. Azerbaijan and Vietnam formalize strategic partnership in Baku.
On May 7, Azerbaijan and Vietnam took a major step in strengthening their bilateral relations as President Ilham Aliyev and General Secretary of the Communist Party of Vietnam, To Lam, signed key agreements in Baku.
The signing ceremony formalized a strategic partnership between the two nations, aimed at enhancing cooperation across a range of sectors and fostering deeper political, economic, and cultural ties.
5. Trump hints at major announcement on Gaza within 24 hours.
President Donald Trump has suggested that a significant announcement on Gaza will be made within the next 24 hours, following heightened discussions surrounding the region’s ongoing crisis.
The remarks come after Trump teased a “very big announcement,” though it remains unclear if both statements are connected.
6. U.S. approves Qatari plan to fund Syrian public sector salaries amid economic overhaul.
The U.S. has approved a Qatari-backed plan to fund salary increases for over a million Syrian civil servants, offering vital economic relief amid Syria’s ongoing recovery from 14 years of conflict, sanctions, and mismanagement.
The initiative, which is expected to begin next month, marks a cautious shift in U.S. policy and may pave the way for further international engagement with Syria’s reformed government.
7. Türkiye and Israel start direct talks in Baku on regional security.
Direct talks between Türkiye and Israel are set to begin today in Baku, focusing on regional security concerns, particularly the situation in Syria.
Reports suggest that Israel will advocate for the demilitarisation of areas near its border and the prevention of strategic weapons deployments that could pose a threat to its security. The talks highlight growing cooperation between the two countries amid shared regional interests.
Follow the latest developments and global reaction after the U.S. and Israel launched “major combat operations” in Iran, prompting retaliation from Tehran.
Saudi Arabia’s state oil giant Saudi Aramco closed its Ras Tanura refinery on Monday following an Iranian drone strike, an industry source told Reuters as Tehran retaliated across the Gulf after a U.S.-Israeli attack on Iranian targets over the weekend.
The Kremlin is utilising the recent United States and Israeli military strikes on Iran to validate its ongoing war in Ukraine. Russian officials are pointing to the escalation in the Middle East as evidence that Western nations do not adhere to international rules.
The Middle East crisis intensifies after the deadly attack on the compound of the Supreme Leader of Iran Ali Khamenei on Saturday that killed him, other family members and senior figures. Iran has launched retaliatory strikes on U.S. targets in the region.
Ayatollah Alireza Arafi has moved into a pivotal constitutional role following the death of Supreme Leader Ayatollah Ali Khamenei, becoming the clerical member of Iran’s temporary leadership council under Article 111 of the Constitution of the Islamic Republic of Iran.
Former U.S. President Bill Clinton told lawmakers that President Donald Trump told him he had "some great times" with convicted sex offender Jeffrey Epstein before their relationship soured, according to a video released on Monday (2 March).
The U.S.-Iran crisis has entered its third day, with further strikes reported across the Middle East and the death toll rising. Oil prices have surged to levels last seen during the Covid-19 pandemic, raising fears of economic disruption and higher prices worldwide.
The UK said it's allowing the U.S. to use its bases for defensive strikes against Iran amid escalating missile attacks, after a suspected drone strike hit a British airbase in southern Cyprus, causing limited damage.
The Kremlin is utilising the recent United States and Israeli military strikes on Iran to validate its ongoing war in Ukraine. Russian officials are pointing to the escalation in the Middle East as evidence that Western nations do not adhere to international rules.
European Union stands with its member states in the face of any threat, EU Commission President Ursula von der Leyen said in response to the drone strike that hit Britain's Royal Air Force base of Akrotiri in southern Cyprus overnight.
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