Canada threatens U.S. steel tariffs if deal isn’t reached by July
Canada warns the U.S. to reach a trade deal by July 21 or face new steel and aluminum tariffs, as PM Carney vows to protect Canadian workers from U.S. measures.
The International Monetary Fund announced Tuesday it has reached a staff-level agreement to disburse around $120 million to El Salvador, following the first review of a $1.4 billion, 40-month extended fund facility program.
The release of the funds still requires approval from the IMF executive board.
The agreement follows a strong performance under the program, with most targets comfortably met and good progress on structural reforms, according to the IMF.
The broader $1.4 billion arrangement was approved in February, aimed at supporting economic stability and reforms. Separately, El Salvador also secured a $500 million loan from the Inter-American Development Bank in March to reinforce its national budget.
Peace is no longer a dream. It is a discussion. On the streets of Baku and Yerevan, it is also a question, of trust, of foreign interests, and of who truly wants it.
Israeli strikes have reportedly targeted areas near the residences of Iran’s Supreme Leader Ayatollah Ali Khamenei and President Masoud Pezeshkian, according to the New York Times, citing local witnesses.
Azerbaijan Airlines (AZAL) has cancelled certain flights scheduled for 13th and 14th June amid recent escalation of situation in the Middle East and the closure of airspace in several countries for security reasons.
The 2025 G7 Leaders’ Summit was held June 15–17 in Kananaskis, Alberta, under Canada’s presidency. Prime Minister Mark Carney framed the meeting around priorities of protecting communities, energy and climate security, the digital transition, and future partnerships.
Start your day informed with AnewZ Morning Brief: here are the top news stories for June 17th, covering the latest developments you need to know.
Canada warns the U.S. to reach a trade deal by July 21 or face new steel and aluminum tariffs, as PM Carney vows to protect Canadian workers from U.S. measures.
SpaceX’s massive Starship spacecraft dramatically exploded late Wednesday night during testing at the company’s test site in Brownsville, Texas. The incident marks the latest setback for billionaire Elon Musk’s ambitious plan to send humans to Mars.
International Atomic Energy Agency (IAEA) Director General Rafael Mariano Grossi has strongly rejected allegations that the IAEA Board of Governors’ June 12 report provided Israel with justification to attack Iran. Grossi emphasized that the agency’s role and reports can never be used to legitimize
Denmark announced it will continue backing Ukraine’s bid for European Union membership despite Hungary’s ongoing blockade, as it prepares to assume the presidency of the European Council on July 1.
Ukrainian President Volodymyr Zelenskyy has underscored the urgent need to ramp up international pressure on Russia following Moscow’s defence of the Iranian regime.
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