Tesla shares dive as Musk announces political party amid feud with Trump
Tesla shares fell sharply after Elon Musk announced a new political party, intensifying his feud with Donald Trump over a controversial spending bill ...
Chinese Vice Premier He Lifeng called for stronger consensus and continued communication with the United States, following two days of in-depth trade negotiations in London aimed at easing tensions in the prolonged tariff dispute between the two global powers.
According to Xinhua, He described the discussions as “candid and in-depth,” emphasizing the need to reduce misunderstandings and promote stable, long-term bilateral economic ties. He stressed that while China remains sincere in trade consultations, it will adhere to its core principles.
The London talks marked the first major follow-up after the two countries agreed to a 90-day trade truce in Geneva last month, suspending most of the heavy tariffs placed on each other’s goods. However, issues such as China’s export controls on rare earths and U.S. restrictions on chip-related technologies remain unresolved.
The negotiations were prompted by a rare phone call between Presidents Xi Jinping and Donald Trump last Thursday. Representing the U.S. in London, Commerce Secretary Howard Lutnick said the emerging agreement would ease restrictions on Chinese exports of rare earth minerals and magnets, alongside some recent U.S. export curbs, in what he called a “balanced” arrangement.
Both sides are expected to present the proposed framework to their respective leaders for final approval.
A magnitude 5.5 earthquake struck off Japan’s Tokara Islands on Wednesday, with no tsunami warning issued but residents advised to remain vigilant.
The United States has rescinded licensing restrictions on ethane exports to China, allowing shipments to resume after a temporary halt and signalling progress in efforts to ease recent trade tensions.
Italy plans to grant approximately 500,000 work visas to non-EU nationals between 2026 and 2028, as announced in a cabinet statement. The initiative aims to address labor shortages by expanding legal immigration pathways
Following a deadly glacier collapse in Blatten, near the Swiss Alpine village of Kandersteg, the town is on high alert as melting permafrost and shifting rock threaten another potential disaster after it was buried a month ago.
Australian researchers have pioneered a low-cost and scalable plasma-based method to produce ammonia gas directly from air, offering a green alternative to the traditional fossil fuel-dependent Haber-Bosch process.
The German and Dutch intelligence services have warned that Russia is increasing the use of chemical weapons in Ukraine, which is 'serious violation of the Chemical Weapons Convention prohibiting the use of this chemical choking agent under any circumstances.'
UK's King Charles III is to host the French president, Emmanuel Macron, on a state visit to the UK starting on Tuesday, 8th July.
European Commission President Ursula von der Leyen and U.S. President Donald Trump held a “good exchange” on Sunday, according to a Commission spokesperson speaking on Monday. The spokesperson emphasised that the EU remains committed to finalising a trade agreement with Washington by July 9.
Indonesia’s Mount Lewotobi Laki Laki erupted again on Monday, spewing volcanic ash as high as 18 kilometres and covering nearby villages.
Israeli Prime Minister Benjamin Netanyahu has arrived at Andrews Air Force Base near Washington to begin a high-level visit focused on strengthening U.S.-Israel ties.
You can download the AnewZ application from Play Store and the App Store.
What is your opinion on this topic?
Leave the first comment