Eiffel Tower summit closes, 1,350 schools shut in France heat wave
France is facing a severe heat wave forcing nearly 1,350 schools to shut fully or partially, nearly double from the previous day....
White House economic adviser Kevin Hassett said on Friday that early signs ahead of this weekend’s U.S.-China trade talks in Switzerland appear positive, with both sides showing mutual respect and a constructive tone.
White House economic adviser Kevin Hassett expressed optimism on Friday about the upcoming U.S.-China trade talks set to take place in Switzerland over the weekend.
Speaking to CNBC, Hassett - who serves as director of the National Economic Council - said he had spoken with U.S. Trade Representative Jamieson Greer and Treasury Secretary Scott Bessent shortly before they departed for the meeting Thursday night.
"Everything that's been going on with the meeting in Switzerland is very promising to us," Hassett said. "We're seeing extreme respect, treating both sides with respect. We're seeing collegiality and also sketches of positive developments."
The talks are seen as a potential step toward easing trade tensions between the world’s two largest economies. The meeting will include high-level officials, including China’s economic policy chief He Lifeng, and comes amid growing hopes for a path toward de-escalation.
The U.S. economy faces a 40% risk of recession in the second half of 2025, JP Morgan analysts said on Wednesday, citing rising tariffs and stagflation concerns.
China has ramped up efforts to protect communities impacted by flood control measures, introducing stronger compensation policies and direct aid from the central government.
Severe rain in Venezuela has caused rivers to overflow and triggered landslides, sweeping away homes and collapsing a highway bridge, with five states affected and no casualties reported so far.
A malfunction in the radar transmission system at the Area Control Center in Milan suspended more than 300 flights at the weekend, across northwest Italy since Saturday evening according to Italy's air traffic controller Enav (National Agency for Flight Assistance).
Thousands of protesters rallied in Bangkok on Saturday, demanding Prime Minister Paetongtarn Shinawatra resign as political and economic tensions mount.
Prices for goods made in China and sold on Amazon.com are rising at a pace faster than overall inflation, signaling the growing impact of U.S. tariffs on consumers, a new analysis by retail analytics firm DataWeave reveals.
U.S. Secretary of State Marco Rubio convened his counterparts from India, Japan, and Australia on Tuesday for a high-stakes meeting of the Indo-Pacific Quad, aiming to reaffirm the group's commitment to countering China’s influence in the region.
A U.S. federal judge on Tuesday rejected Huawei Technologies Co Ltd's request to dismiss the majority of charges in a sweeping indictment, allowing the Chinese telecoms giant to face trial over allegations of trade secret theft, bank fraud, and sanctions violations.
France is facing a severe heat wave forcing nearly 1,350 schools to shut fully or partially, nearly double from the previous day.
The U.S. Justice Department announced charges against two Chinese citizens accused of spying inside the U.S. on behalf of Beijing.
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