Tariff fears cloud global factory outlook despite bright spots in Asia and Europe
Concerns over new U.S. tariffs under President Donald Trump are weighing on global manufacturing, though June data show signs of resilience in countri...
President Donald Trump on Thursday announced deals totaling over $200 billion between the United States and the United Arab Emirates, including a $14.5 billion commitment between Boeing BA.N, GE Aerospace GE.N and Etihad Airways, the White House said.
President Donald Trump has announced a series of agreements between the United States and the United Arab Emirates totaling over $200 billion. A significant component of these deals is a $14.5 billion commitment involving Boeing, GE Aerospace, and Etihad Airways, focusing on the acquisition of American-made aircraft.
The $14.5 billion agreement centers on Etihad Airways' investment in 28 Boeing 787 and 777X aircraft, powered by GE Aerospace engines. This deal underscores the strengthening collaboration in the aerospace sector between the two nations.
Beyond aviation, the comprehensive $200 billion package encompasses various sectors, aiming to enhance bilateral trade and investment. These agreements are expected to generate substantial economic activity and job creation in both countries.
These developments mark a pivotal step in U.S.-UAE relations, reflecting a shared commitment to economic growth and strategic partnership. The focus on aerospace and other industries signifies a forward-looking approach to mutual prosperity.
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.
Concerns over new U.S. tariffs under President Donald Trump are weighing on global manufacturing, though June data show signs of resilience in countries like Japan, China, and Ireland.
Ukrainian President Volodymyr Zelenskyy spoke with Azerbaijani President Ilham Aliyev on July 1 to offer condolences, express gratitude for regional support, and reaffirm mutual commitment to sovereignty and bilateral cooperation.
The U.S. Department of Justice and FBI on Monday announced an arrest and indictments related to North Korea’s 'IT worker' program, through which North Koreans secured remote tech jobs at more than a 100 U.S. companies to steal money and data globally.
A senior figure in Russia’s defence establishment, Timur Ivanov, has been sentenced to 13 years in prison after being found guilty of corruption, amid an escalating crackdown on high-level misconduct.
As the Dalai Lama turns 90, the question of his successor is drawing global attention — not just spiritually, but a deeply political one for China, India, and the U.S.
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