Georgia’s Foreign Minister says ‘No danger’ to its citizens as EU tightens visa-free rules
Georgia’s Foreign Minister, Maka Bochorishvili sought to reassure the public that there is “no danger” to Georgia’s status as the European Uni...
Stock markets across Asia tumbled Monday after U.S. President Donald Trump announced a new round of tariff hikes on Chinese imports, sparking renewed fears of a deepening U.S.–China trade war.
The move triggered sharp sell-offs in major financial hubs including Hong Kong, Tokyo, Shanghai, and Seoul, amid concerns over its ripple effects on global growth.
The Trump administration unveiled the tariff increase late Sunday, targeting an additional $50 billion worth of Chinese goods, citing what it called “persistent and unfair trade practices.” In response, Beijing issued a forceful rejection, labeling the accusations as “baseless” and warning of retaliatory measures.
Market Reaction
Analysts said the renewed tensions threaten to unravel progress made in previous trade negotiations and could hurt investor confidence in an already fragile post-pandemic recovery.
“This is a major blow to market sentiment,” said Ayako Sera, a market strategist at Sumitomo Mitsui Trust Bank in Tokyo. “Investors had hoped for de-escalation, not another round of tit-for-tat measures.”
Economic Fallout
Economists warn that further deterioration in U.S.–China relations could disrupt global supply chains, slow export-driven economies across Asia, and increase inflationary pressure through higher import costs.
China’s Ministry of Commerce has not yet detailed any countermeasures, but said it “reserves the right to respond appropriately,” raising the possibility of reciprocal tariffs or restrictions on U.S. firms operating in China.
The developments come at a time when both nations are facing economic headwinds — with the U.S. battling inflation and China working to stabilize its property market and industrial output.
What’s Next?
Investors are bracing for heightened volatility in the coming days, as the trade dispute once again becomes a central issue in global economic outlooks. All eyes are now on whether Beijing will announce retaliatory tariffs and how other regional economies might be drawn into the escalating conflict.
Video from the USGS (United States Geological Survey) showed on Friday (19 September) the Kilauea volcano in Hawaii erupting and spewing lava.
At least eight people have died and more than 90 others were injured following a catastrophic gas tanker explosion on a major highway in Mexico City’s Iztapalapa district on Wednesday, authorities confirmed.
At least 69 people have died and almost 150 injured following a powerful 6.9-magnitude earthquake off the coast of Cebu City in the central Visayas region of the Philippines, officials said, making it one of the country’s deadliest disasters this year.
A powerful 7.4-magnitude earthquake struck off Russia’s Kamchatka Peninsula on 13 September with no tsunami threat, coming just weeks after the region endured a devastating 8.8-magnitude quake — the strongest since 1952.
Authorities in California have identified the dismembered body discovered in a Tesla registered to singer D4vd as 15-year-old Celeste Rivas Hernandez, who had been missing from Lake Elsinore since April 2024.
Germany will grant police the power to shoot down rogue drones like those that have disrupted airports across Europe and that some European leaders have attributed to a hybrid war being waged by Russia.
Czech Republic election winner ANO hopes to conclude negotiations with two small parties on forming a new government by the beginning of November, party leader Andrej Babis said on Wednesday (8 October).
Türkiye on Wednesday slammed an intervention by Israeli forces against a flotilla attempting to deliver humanitarian aid to Gaza as an act of piracy and a violation of international law.
Caretaker French Prime Minister Sebastien Lecornu struck a cautiously optimistic tone on Wednesday (8 October), saying a deal could potentially be reached on the country's budget by year end, making the risk of a snap election more remote.
Four people have been confirmed dead after a six-storey building collapsed in central Madrid while being converted into a hotel, authorities said, following a 15-hour rescue effort involving drones and sniffer dogs.
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