Fire breaks out at Cordoba’s historic mosque-cathedral
A fire broke out at Cordoba’s historic mosque-cathedral on the night of 8 August but was swiftly extinguished, preventing damage to one of Spain’...
Canadian Finance Minister François-Philippe Champagne said Thursday that tariffs were a key point of discussion during the G7 finance ministers’ meeting, despite the issue being omitted from the final communique.
“They are not skating around the fact that tariffs are an issue,” Champagne told reporters at a press briefing following the conclusion of the summit. The finance minister, who also chaired this year’s G7 finance leaders’ meeting, emphasized that tariffs were part of broader conversations on global economic stability and growth.
The summit took place under the shadow of renewed trade tensions sparked by U.S. President Donald Trump’s tariff measures, which have targeted Canada and other G7 members. The escalating tariff regime has begun to impact G7 economies and challenge the existing framework of global trade cooperation.
With U.S. Treasury Secretary Scott Bessent in attendance, observers had speculated whether the finance leaders would be able to find common ground on trade policy. While the official communique avoided direct reference to tariffs, Champagne made clear that the topic was “something you can’t avoid discussing.”
“We are trying to enhance growth and stability, and obviously tariffs are something in that context that you can't avoid discussing,” he said.
The meeting highlighted ongoing concerns among G7 members about the fragmentation of the global trade order and the economic toll of protectionist policies, even as the group seeks to maintain a united front on financial and economic issues.
The world’s biggest dance music festival faces an unexpected setback as a fire destroys its main stage, prompting a last-minute response from organisers determined to keep the party alive in Boom, Belgium.
According to the German Research Centre for Geosciences (GFZ), a magnitude 5.7 earthquake struck the Oaxaca region of Mexico on Saturday.
China and the Association of Southeast Asian Nations will send an upgraded ‘version 3.0’ free-trade agreement to their heads of government for approval in October, Chinese Foreign Minister Wang Yi said on Saturday after regional talks in Kuala Lumpur.
A resumption of Iraq’s Kurdish oil exports is not expected in the near term, sources familiar with the matter said on Friday, despite an announcement by Iraq’s federal government a day earlier stating that shipments would resume immediately.
Chinese automaker Chery has denied an industry-ministry audit that disqualified more than $53 million in state incentives for thousands of its electric and hybrid vehicles, insisting it followed official guidance and committed no fraud.
According to Bloomberg News, the United States and Russia are working toward an agreement aimed at halting the war in Ukraine by formalizing Russia’s occupation of territories seized during its invasion.
A fire broke out at Cordoba’s historic mosque-cathedral on the night of 8 August but was swiftly extinguished, preventing damage to one of Spain’s most treasured architectural landmarks.
The Canadian government announced Friday it will join key allies in reducing the price cap on Russian seaborne crude oil in response to Moscow’s ongoing war in Ukraine.
Washington, D.C., will see its federal security funding reduced by $20 million this year under a Trump administration plan, despite the president’s repeated claims that crime in the capital is spiraling.
U.S. President Donald Trump personally welcomed Azerbaijan’s President Ilham Aliyev at the White House today, ahead of a historic peace signing ceremony. The meeting sets the stage for a U.S.-brokered framework aiming to stabilize relations in the South Caucasus.
You can download the AnewZ application from Play Store and the App Store.
What is your opinion on this topic?
Leave the first comment